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Peninsula Energy Delays Lance Uranium Plant Start, Cuts 2025 Output Forecast

9:34am on Friday 31st of January, 2025 AEDT Mining
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Peninsula Energy Delays Lance Uranium Plant Start, Cuts 2025 Output Forecast

9:34am on Friday 31st of January, 2025 AEDT
Key Points
  • Central Processing Plant commissioning postponed to June quarter 2025
  • First dry yellowcake production now expected in June quarter 2025
  • 2025 production guidance likely to be revised downward from 600,000 lbs U3O8
  • Cash reserves stand at US$44.9 million as of December 2024
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