Peninsula Energy Ltd (ASX:PEN) delivered positive operating cash flow and a 13% increase in uranium recovered in the September 2017 quarter, compared to the previous period, from the flagship Lance Projects in the U.S. state of Wyoming.
The quarterly production increase was due to header house 7 which operated for the full quarter and header house 8 which came online.
Quarterly sales generated cash proceeds of US$6.6 million, which was in line with forecasts, and the company holds US$11.8 million in cash.
Find out more from David Coyle at Proactive's CEO Sessions.
Click below to register by email
- Melbourne: Tuesday 14th November.
- Sydney: Wednesday 15th November.
- Email Pauline here.
- Call office on (02) 9280 0700.
Presenter list
- Zelda Therapeutics (ASX:ZLD): Dr. Stewart Washer
- Thred Ltd (ASX:THD): Geoff Marshall
- De Grey Mining (ASX:DEG): Simon Lill
- Peninsula Energy (ASX:PEN): David Coyle