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How Will Peninsula Energy’s $15M Debt Drive Lance Project’s Uranium Production?

2:22pm on Monday 28th of July, 2025 AEST Mining
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How Will Peninsula Energy’s $15M Debt Drive Lance Project’s Uranium Production?

2:22pm on Monday 28th of July, 2025 AEST
Key Points
  • Net operating cash outflow of $5.335 million USD in Q2 2025
  • Investing cash outflow of $9.881 million USD mainly on Lance Project development
  • Cash balance declined to $9.169 million USD at quarter end
  • Secured $15 million USD debt facility post-quarter, drawing $10 million USD
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