Peninsula Energy Ltd (ASX:PEN, OTCQB:PENMF)'s Wayne Heili speaks with Proactive soon after announcing they've kicked off an update to the 2018 Low-pH Feasibility Study on its flagship 100%-owned Lance Project in Wyoming, US, ahead of considering a final investment decision on restarting production. The updated study is expected to be completed in the third quarter of 2022 and will incorporate results and conclusions from technical de-risking activities, including the recently completed MU1A field demonstration.
Peninsula Energy details update to Lance project feasibility study