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How Will Peninsula Energy’s $12.6M Convertible Debt Drive Lance Project Forward?

2:32pm on Thursday 30th of October, 2025 AEDT Mining
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How Will Peninsula Energy’s $12.6M Convertible Debt Drive Lance Project Forward?

2:32pm on Thursday 30th of October, 2025 AEDT
Key Points
  • Q3 operating cash outflow of $7.3 million
  • Investing cash outflows of $11 million focused on Lance Project development
  • Refinanced $12.6 million convertible debt facility with Davidson Kempner
  • Cash and equivalents of $36 million at quarter-end
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