PEN 3.64% 5.7¢ peninsula energy limited

Low pH Timeframe and Opposition, page-13

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    For goodness sake bunny, analyse the production data. Nameplate capacity for Lance is 600,000 to 700,000 lb/a. For any quarter you choose, since they started up and before the so-called strategy to "preserve" the resource, Lance didn't even come close to achieving nameplate. I'll put up some data later.

    Increasing production QoQ is commendable but ultimately futile when one is falling so short of the mark. 

    Alkaline processing would NEVER have achieved nameplate under the conditions specified in the DFS design criteria. Not in a million years.  PEN has acknowledged this repeatedly. Discuss with Wayne.
 
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