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How Peninsula Energy Is Resetting Its Lance Project Amid Contract Shifts
9:35am on Monday 16th of June, 2025 AEST
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Mining
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How Peninsula Energy Is Resetting Its Lance Project Amid Contract Shifts
9:35am on Monday 16th of June, 2025 AEST
Key Points
Central Processing Plant construction nearing handover and commissioning
US$1.25 million initial payment made to Samuel EPC under settlement agreement
Three sales contracts terminated by mutual consent, removing future delivery obligations
Advanced talks underway for short-term debt funding to support reset plan
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