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How Will Peninsula Energy’s $15M Debt Boost Lance Project’s Comeback?
9:53am on Thursday 10th of July, 2025 AEST
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Mining
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How Will Peninsula Energy’s $15M Debt Boost Lance Project’s Comeback?
9:53am on Thursday 10th of July, 2025 AEST
Key Points
US$15 million debt facility secured from Davidson Kempner
US$10 million cash advance to be drawn imminently
US$5 million convertible debt subject to shareholder approval
Dry yellowcake production targeted by end of August 2025
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