Love to but sadly no. Did you note "A $10/lb increase in uranium price assumption for currently uncontracted production increases NPV value by almost $100 million"
Another 1.9% increase in the U price (weekly reported by COMSEC) The bottom was unkind to all U miners. The Price trend is getting brighter each week.
The other PEN specific great news was the acknowledgement they had to change and management taking the correct decision to move to the Low PH method . It did hurt the share price after just spending so much to commission the alkaline lixviant production!
The cost and production forecasts all look like they are winners within a short time frame significantly de risking the investment. Rising U price meaning the significant uncontracted production 2018-2020 (3000lbs 2017 to 76000lbs 2018-2020 -page 31 make the forecast look like gold assuming regulatory approval required for the change!
Brought this prior to mining. Not day trading. Suspect your pointing this one out to me will mean I owe you a big thank you in the not to distant future.
Ann: Company Presentation - Low pH Feasibility Study, page-17
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