Peninsula Energy on track to achieve full-year uranium production guidance

Australia’s Peninsula Energy Ltd (ASX:PEN) is on track to achieve its production guidance of 90,000 to 110,000 pounds U3O8 (triuranium octoxide) at the Lance Uranium Projects in Wyoming, US for the financial year ending June 30, 2019.

The company’s production during the December 2018 quarter was 20,364 pounds of U3O8, slightly below the quarterly guidance range of 22,500 to 27,500 pounds U3O8 set in May 2018.

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