For those who are not in the know. Low PH has and is being used in the US for mining mineral extraction. The state of Wyoming would not have granted low PH without Peninsula Energy first using alkaline (higher PH). The ONLY concern is lowering the acidity in the water table for the purposes of environmental restoration levels. Peninsula is the first U miner to use low PH, the company is breaking new frontiers, within this year all the permits will be granted, field trials will deliver excellent production results, the water table will be restored to state regulatory levels. Once the company business model changes are completed, production will be 30/40% higher than past production achieved. The company plans to be in full production (stage 1) by September 2019. The catalyst as stated by the company for a share price correction will be happen inline with some achievements outlined above being met within the schedule set out within the company presentation. S232 either way will drive uranium higher, remember markets hate uncertainty, wait and see, not long now fellow investors. There are some posters on this forum site whom unfortunately has lost money investing in Peninsula at higher prices! Today’s shareprice is the bottom.. ;-)
PEN Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held