Peninsula Energy Limited (AU:PEN) has released an update.
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Peninsula Energy Limited is making significant strides in the construction of its Lance Uranium Projects in Wyoming, with a major operational restart scheduled for December 2024. The ongoing site activities include a 24-hour construction roster, aiming to complete a plant capable of producing up to 2.0 million pounds of uranium annually. With a resource base promising at least a decade of production-ready uranium, the company is well-positioned for substantial future growth.
For further insights into AU:PEN stock, check out TipRanks’ Stock Analysis page.