The company recently received positive results from a feasibility study.
() has received a vote of confidence from its managing director and CEO Wayne Heili who has purchased 205,000 shares for $55,902.
Heili acquired the shares through on-market trades and the purchase increases his total holding in the company to over 1.1 million shares.
Peninsula recently received the results of a feasibility study supporting the transformation to a cost-effective low-pH ISR uranium operation at its Lance Projects in Wyoming, US.
The study showed that Peninsula would become a globally competitive uranium producer by switching its uranium production method to low-pH ISR.
It estimated direct operating expenses over the 17-year life-of-mine (LoM) of US$15.59 per pound and LoM all-in sustaining costs averaging US$31.77 per pound.
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
In exchange for publishing services rendered by the Company on behalf of Peninsula Energy Ltd named herein, including the promotion by the Company of Peninsula Energy Ltd in any Content on the Site, the Company...
FOR OUR FULL DISCLAIMER CLICK HERE