Articles On Peninsula Energy (ASX:PEN)

Spot uranium prices have made a move past +US$30/lb, sparking a surge in Aussie uranium stocks Colombian explorer Los Cerros pulls up spectacular 460.9m intercept grading 1.11g/t gold Bastion (gold) Orminex (gold) and Rumble (silver, lead)...

Wall Street finishes on record highs again after strong US jobs data Dow Jones and S&P500 closed on Monday at record highs once again, following the US jobs data on Friday that showed almost 1 million jobs were added in March, and unemp...

The Peninsula Energy (ASX: PEN) share price closed more than 14% higher today, and with no new announcements from the company, the question is why. At the time of writing, the Peninsula Energy share price is trading at 12 cents, which is t...

The uranium industry is setting up for an accelerated rise in prices with a supply deficit looming and demand growing as governments target ‘cleaner and greener’ energy sources – a sector in which nuclear power didn’t seem to be considered...

This information will be invaluable as the company progresses the Lance Project toward a return to commercial production.

The Peninsula Energy Ltd (ASX: PEN) share price is looking to extend its miraculous run in 2021. Earlier today, Peninsula announced that the company has begun trading on the OTCBQ Venture Market in the US. At the time of writing, the Penin...

Ongoing cashflow has been generated through Peninsula’s strong, long-term existing contract book – with a net cash margin from sales of US$1.4 million realised in the December 2020 quarter.

The company is also the only ASX-listed uranium company that has the immediate ability to take advantage of US government programs supporting domestic uranium production. 

Despite the uranium spot price continuing to move in a tight range, uranium equities continue on an upward trajectory. -Equity market excited about a better outlook for uranium prices-Nuclear energy recognised as an essential element of the...

While silver stocks on the ASX retreated after their exuberant buying spree on Monday, Tuesday was a day in the sun for their uranium counterparts. The trigger for the yellowcake stocks was, unlike Reddit in the case of silver, a more estab...

Trading on the OTC market will provide a reliable platform and opportunity for North American investors to become shareholders in Peninsula.

Trading on the OTC market will provide a reliable platform and opportunity for North American investors to become shareholders in Peninsula.

In August, the US Democrats endorsed nuclear energy for the first time in 48 years as part of its 'technology-neutral' approach to decarbonising the power sector.

Summary Peninsula is an ASX-listed uranium player with wholly-owned Lance Uranium project in Wyoming, USA. The US bill will fund US$75 million towards the national strategic uranium reserve, supporting greater reliance on the domestic...

The Peninsula Energy Ltd (ASX: PEN) share price is advancing today following the overnight United States Omnibus budget approval. During late morning trade, the Peninsula share price rose as high as 11.5 cents. However, the uranium mining...

The uranium reserve is being established as a manifestation of this administration’s stated priority of preserving existing assets of US nuclear infrastructure.

Only a handful of companies will be able to supply material into the Uranium Reserve and Peninsula is the only ASX-listed company with immediate exposure to this opportunity.

The event featured Calima Energy, Peninsula Energy and Brookside Energy and was live-streamed on the Proactive Youtube channel.

The event featured Calima Energy, Peninsula Energy and Brookside Energy and was live-streamed on the Proactive Youtube channel.

Uranium inventories are being drawn down due to production curtailments from key producers Kazatomprom and Cameco.

The event will feature Calima Energy, Peninsula Energy and Brookside Energy and will be live-streamed on the Proactive Youtube channel.

The US Senate Committee on Environment and Public Works has passed a bill that approves the establishment of a national uranium strategic reserve. The new bill, which will almost certainly pass the whole US Senate because it has bipartisan...

There is an extremely low capital requirement for restart of the Lance Project, and a six-month pathway to production following a Final Investment Decision.

As the spot price of uranium holds steady for the month, an investment firm details bright prospects for the sector.  -Are we past the cyclical downturn for uranium?-Five investment ideas-The monthly spot price is unchanged By Mark Woodruff...

ShareCafeUranium Week: Consumers May Finance UK Reactor Horizon Nuclear Power, a UK-based subsidiary of Hitachi, has been holding “detailed conversations” with the UK government in recent weeks to persuade ministers that the proposed Wylfa...

Hitachi is talking to the UK government about resurrecting plans for a nuclear power plant in Wales, while the spot uranium price takes a tumble. -Hitachi is seeking to revive plans for a nuclear power plant in UK-US uranium production cont...

The company is focused on applying a low pH extraction process to transition Lance into a significant, low-cost, long-life uranium operation.

The laboratory tests also confirm that low-pH solutions with oxidant can extract uranium from un-mined areas at rates consistent with the 2018 feasibility assumptions.

The latest purchase agreement underpins Peninsula’s forecast net cash margin of US$6 million to US$8 million on uranium sales for next year.

The company is embarking on a project transformation initiative at the Lance Projects in Wyoming, USA to change from an alkaline ISR operation to a low pH ISR operation.

The entitlement offer has allowed Peninsula to repay its existing debt in full, leaving the company cashed-up and in a strong position to pursue its uranium production re-start strategy in the US.

PEN has “a production re-start ready mine, long-term uranium sale contracts, direct exposure to the proposed US Government uranium buying program and a clean balance sheet”.

The company has started early preparation activities for the planned transition to low pH operation at the Lance Uranium Project in Wyoming, USA.

Uranium USA seems to be new destination for Australian juniors. The move comes as US President Donald Trump’s administration in Washington is pushing to expand uranium production domestically in order to reduce or even end America’s depende...

Superior Lake Resources’ (ASX:SUP) is running the ruler over some US uranium projects, underscoring what is starting to look increasingly like a widespread revival of the uranium sector. Prior to the COVID-19 pandemic, there were already si...

The raising means the company will be well-positioned to continue low pH transformation activities and to prepare for restart of its flagship Lance Uranium Project.

A quick wrap of the key winners and losers on Thursday, June 4. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made potentially market-moving announcements during the day.   Code Name Price % Chg...

The raising means the company will be well-positioned to continue low pH transformation activities and to prepare for restart of its flagship Lance project.

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Short & Caught is Stockhead’s fortnightly recap of which ASX small cap stocks are heavily shorted. Stocks that are shorted have investors betting that they fall. Shorting works by selling stocks you do not actually own in the hope of bu...

The US strategy released in April recognises that national security is truly integrated with the health of the front-end of the nuclear fuel cycle and will support the domestic supply of uranium.

An existing structural supply deficit in the global uranium market, aggravated by ongoing COVID-19 supply disruptions, has sent the uranium ‘spot’ price up +30 per cent year-to-date. Is this an isolated blip or the start of a more sustainab...

ShareCafeTime For Yellowcake’s Day In The Sun? As followers of yellowcake would know, there have been plenty of proclamations about an imminent recovery post Fukushima, but they have all turned out to be false dawns. With buyers and sellers...

By Tim Boreham, Editor, The New Criterion Is it really time for yellowcake’s day in the sun? As followers of yellowcake would know, there have been plenty of proclamations about an imminent recovery post Fukushima, but they have all turned...

GTI Resources (ASX: GTR) will begin a new exploration program next Monday at its Jeffrey uranium project in Utah, with the company citing several factors propelling yellowcake prices. These include uranium moving from a spot price of US$23...

A quick wrap of the key winners and losers on Tuesday, April 28. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made potentially market-moving announcements during the day.   WINNERS CODE COMPANY PR...