Member Info for Chinasyndrome

He will continue, and one day he will make a slip, like the Stock Swami did, then he will get his ass sued off.

Have you ever heard of the Lassonde curve, five years ago Pensana had just entered the Feasibility Stage.

Given we had a that there was a two-year delay for Covid things are pretty well on track.

Cherry picking again: You omitted "Rare Earth Exchanges® Takeaway: Longonjo is increasingly looking like a real project rather than a concept."

Scab, Your FUD is so transparent,

You are playing Negative Nelly from both sides of the discussion. No, you can't possibly say that there is 'No progress' without having 'Inside information', yourself, in which case you would be toast for the Lawyers. The Company has just informed us that things are progressing. By your own admission, shareholders need to be told of any material change ASAP, failure to do so would get the BOD into all sorts of trouble. You're not accusing the BOD of anything illegal, are you?

As a matter of interest, if you want to ever be taken seriously how about telling us what qualifications you have to support you claim of being an "Expert" in anything; a (BA failed) from Calcutta University perhaps? or perhaps Crayon 101 from a Kindergarten !

"If we don't get three inches, man,

Or four to break this drought,

We'll all be rooned," said Hanrahan,

"Before the year is out."

And every creek a banker ran,

And dams filled overtop;

"We'll all be rooned," said Hanrahan,

"If this rain doesn't stop."

And stop it did, in God's good time;

And spring came in to fold

A mantle o'er the hills sublime

Of green and pink and gold.

And days went by on dancing feet,

With harvest-hopes immense,

And laughing eyes beheld the wheat

Nid-nodding o'er the fence.

And, oh, the smiles on every face,

As happy lad and lass

Through grass knee-deep on Casey's place

Went riding down to Mass.

"There'll be bush-fires for sure, me man,

There will, without a doubt;

We'll all be rooned," said Hanrahan,

"Before the year is out."

Theo, I never had you down as an idiot, just a very bitter and twisted ex-employee with a personal grudge against PA !

If you can't recognise FUD when it is this blatant you need to see a specialist, dementia seems to be settling in. As to being Factual, the scab has not produced one single verifiable fact to any of his claims. TR1 and FCA claims all turned out to be bogus issues, his observation as to the falling SP has nothing to do with Pensana, have a look at all global markets, if anything the SP is holding against its peers: LYC and MP -25%, ARU -30%.

Then we have, his always negative Nelly comments about Finance, based on what? all indications are that finance is progressing as per plan, he has not and cannot provide any information that somebody has withdrawn, all he has is pure unsubstantiated conjuncture.

I suspect most people are misreading the Saltend reference assuming that it is back on the agenda, that is not what the RNS says. My reading of :

"Pensana is actively optimising the process design of the previously engineered Saltend separation facility, with the objective of deploying that intellectual property and engineering in the most operationally and commercially advantageous location."

Suggests that they are looking at building the already designed and engineered facility in a more appropriate "LOCATION", which may not necessarily be Saltend, Angola, USA or the EU are all possibilities.

Honest and unbiased write ups on Discovery Alert and even REEx,

The Decks are now cleared, ready for the serious action.

Scab, You really are ignorant and insensitive twat,

Huambo received three times is average monthly rainfall for April. An unprecedented event that resulted in over 18 deaths, 450 homes being destroyed and displacement of thousands of Angolans, it also washed out the rail and road links to Lobito. Are you saying that all of those souls who were killed or displaced were also stupid?

'Timing guidance', only applies to events that happen, it does not say that a Company has to keep updating news for negotiations that are still in progress. How could "an event that has not happened yet" ever be considered as "inside information" or even be "market sensitive" ? Blind Freddy should be able to work out that until a RNS confirming completion is issued, the process is still underway. Or are you totally dumb and need to be spoon fed all the time?

You keep harping on about Concrete and Drilling ~ Operational matters, not finance, nothing to do with the FCA, no legal requirement to continually update news.

In all the time you have been posting here, you have not been able to come up with one single issue that you have been able to make stick or provide proof of its legal / factual veracity.

Foxtrot Oscar, I am sure a Parrot could be trained to repeat that ad-infinitum.

Point is, Work in progress does not have to be updated an RNS is not mandated until the deal is finalised.

Neither are RNS's required for operational updates.

I seriously doubt that we will ever see 50p again, but if it ever does get down to that level, I will be going "All in". Why? because I, like you, know that the real 'fundamental value' of Longonjo is many multiples of that number. Or perhaps not! did you totally waste you short time as a Caretaker by concentrating on maximising your own remuneration rather than listening to David? and then spending the rest of your life blaming someone else for your own incompetence!

OG, Try using a calculator, yes I made a mistake and typed 15% instead of 15 Million shares. and 13% rather than 3%

But you have compounded my miscalculation by quadrupling it,

Origional purchase 15% for US$500,000

Cascade purchase 3.8% for US15,000,000

Which is roughly a 100 times ROI,

If you are going to correct people's errors it pays not to compound their mistakes, You only make yourself look like an even bigger fool.

Trawling through the old ANS is revealing. This one stands out as it clearly demonstrates the BOD's capacity to add value:

31 October 2018

Pensana logo – option 4

Pensana Metals Ltd moves to 84% ownership of Angolan Project

Pensana

metals

Pensana Metals Ltd (“Pensana” or “Company”) (ASX: PM8) is pleased to announce that it has

acquired an additional 14% equity in Angolan subsidiary company Ozango Minerais SA

(Ozango) for US$500,000, which holds title to the Longonjo NdPr project.

The transaction was approved by the shareholders of Ozango.

For further information please contact:

Scott Mison

Company Secretary / Chief Financial Officer

Tel +61 8 9221 0090

So Pensana paid US$500,000 for 14% of Ozango in 2018 to increase its share to 84%. They have just sold 15% of Pensana (~ 13% of Ozango) to Cascade for US$13.5M ie that is a return of twenty-seven times on their original investment.

IMO, A significant achievement by any standard.

FloatingBye, Sorry to disappoint you, but none of your speculations are founded as far as I am aware.

I have started posting OLD RNS/ANS's because there appears to be quite a few members on this forum who are currently having anxiety issues while awaiting the next RNS. I hope it gives them something to occupy their minds instead of making up nonexistent or fictitious issues.

FloatingBye, have a look at the date 2018, it is an old RNS, actually it was an ASX ANS as we were listed on the ASX then and London was but a dream.

The next RNS just two days later was very brief:

16 May 2018

Resignation of Non-Executive Director

Rift Valley Resources Limited (“the Company”) (ASX: RVY) announces Mr Stephen Dobson

has resigned from the Board of Rift Valley Resources Limited effective 16 May 2016.

The Board wishes to thank Stephen for his services to the Company and wishes him well

with his future endeavours. -ENDS-

Scott Mison

Company Secretary

Part 2)

He has been a regular business commentator on China and the resources sector, hosting

events in Beijing and appearing on CCTV News and China Radio International as well as BBC,

CNBC and other major news channels.

Mr Atherley is a strong supporter of Women in STEM and has established a scholarship

which provides funding for young women to further their education in science and

engineering.

Mr Atherley is currently Managing Director of ASX/AIM listed Berkeley Energia Limited. He is

also director of Leyshon Resources Limited (May 2004 – present) and Leyshon Energy

Limited (January 2014 – present).

Remuneration

Mr Atherley has entered into a Letter of Appointment with the Company in respect of his

appointment as Non-Executive Chairman and will be paid a fee of AUD$75,000 per annum

(inclusive of any required superannuation/pension).

Fees for professional services & Performance Incentives

The Company has also entered into an agreement with Selection Capital Ltd (of which Mr

Atherley is a Director and controlling shareholder) for the provision of consultancy services

at a rate of AUD$1,500 per day.

Subject to shareholder approval, the Company will issue Selection Capital Ltd three tranches

of 38,580,371 performance rights which will vest respectively, upon (a) Tranche 1

completion of a capital raising of an amount required to cover the Company's proposed

exploration budget (such amount to be confirmed by the Company in its sole discretion) no

later than six months after the date of the Agreement, (b) Tranche 2- the delivery of Pre

Feasibility Study and the Company making a decision to proceed to a Definitive Feasibility

Study of the Longonjo NdPr Project and (c) Tranche 3 - the delivery of a positive Definitive

Feasibility Study and the Company making a decision to proceed with financing and

development of the Longonjo NdPr Project.

The full terms and conditions of the

performance rights will be included in a notice of meeting dispatched to shareholders in due

course.

As previously advised Mr Stephen Dobson will step down as Chairman and remain on the

Board as a Non-Executive Director.

The Company is currently divesting its interests in Tanzania with a view to focussing on the

Longonjo NdPr Project.

For further information please contact:

Scott Mison

Company Secretary

While we await tomorrows RNS, it might be of interest to Shareholders to refresh their knowledge of how we got here:

14 May 2018

Senior Resources Executive appointed Non-Executive Chairman

Rift Valley Resources Limited (“the Company”) (ASX: RVY) is pleased to announce the

appointment of Mr Paul Atherley as Non-Executive Chairman.

Mr Atherley is an accomplished resources executive with operational, development, capital

markets and media experience across the mining and energy sectors in Africa, Australia,

Europe, China and the UK.

Mr Atherley is based in London and his appointment coincides with the Company’s renewed

focus on its Longonjo NdPr Project located in Angola.

Mr Atherley commented:

“The clean energy revolution has resulted in a dramatic increase in demand for battery

metals, notably lithium and cobalt. Attention is now turning to a very much larger market;

the rapidly growing application of electric motors to virtually all walks of life.

From hair dryers to electric vehicles to grid scale wind turbines, electric motors will be at the

core of our clean energy future.

Following a series of acquisitions over recent years, China now controls over 90% of the

production of NdPr metals which are essential for the manufacture of electric motors.

There is currently only one listed NdPr producer (ASX:LYC) in the world today and it sells most

of its product to China.

With just 14% of the target area drilled to date the Company’s Longonjo NdPr project has

already reported a substantial Mineral Resource estimate. Dave Hammond and the team

believe there is potential for considerably more.

I very much look forward to supporting Dave and his team as they unlock the full potential of

this exciting project.”

Background

Mr Atherley is a highly experienced senior resources executive with wide ranging

international and capital markets experience. He graduated as mining engineer from

Imperial College London and held a number of mine management, senior executive and

board positions during his career.

www.riftvalleyresources.com.au * ASX: RVY * ABN 86 121 985 395

He served as Executive Director of the investment banking arm of HSBC Australia where he

undertook a range of advisory roles in the resources sector. He has completed a number of

acquisitions and financings of resource projects in Europe, China, Australia and Asia.

Mr Atherley was based in Beijing from 2005 to 2015 and developed strong connections

within Chinese business, industry bodies and senior government officials, including the most

senior levels of the state owned energy companies.

He was the Chairman of the British Chamber of Commerce in China, Vice Chairman of the

China Britain Business Council in London and served on the European Union Energy Working

Group in Beijing.

Even if there is no RNS tomorrow, somebody at the FCA should investigate this bout of HFT

27-May-26 11:50:24 101.70 3,684 Unknown* 101.00 102.40 3,747 O

27-May-26 11:50:24 101.70 3,684 Sell* 101.00 102.40 3,747 O

27-May-26 11:50:24 101.70 3,684 Unknown* 101.00 102.40 3,747 O

27-May-26 11:50:24 101.70 3,684 Sell* 101.00 102.40 3,747 O

27-May-26 11:50:24 101.70 2,744 Unknown* 101.00 102.40 2,791 O

27-May-26 11:50:24 101.70 2,744 Sell* 101.00 102.40 2,791 O

27-May-26 11:50:24 101.00 4,143 Sell* 100.80 103.00 4,184 A

27-May-26 11:50:24 101.00 351 Sell* 101.00 103.00 354.51 A

27-May-26 11:50:24 101.00 312 Sell* 101.00 103.00 315.12 A

27-May-26 11:50:24 101.00 7,994 Sell* 101.00 103.00 8,074 A

27-May-26 11:50:24 101.20 577 Sell* 101.00 103.00 583.92 A

27-May-26 11:50:24 101.20 630 Sell* 101.00 103.00 637.56 A

27-May-26 11:50:24 101.20 249 Sell* 101.00 103.00 251.99 A

27-May-26 11:50:24 101.20 351 Sell* 101.20 103.00 355.21 A

27-May-26 11:50:24 101.40 249 Sell* 101.40 103.00 252.49 A

27-May-26 11:50:24 102.00 629 Sell* 102.00 103.00 641.58 A

27-May-26 11:50:24 101.80 870 Sell* 101.80 103.40 885.66 A

27-May-26 11:50:24 101.80 355 Sell* 101.80 103.40 361.39 A

27-May-26 11:50:24 101.80 249 Sell* 101.80 103.40 253.48 A

27-May-26 11:50:24 101.80 251 Sell* 101.80 103.40 255.52 A

27-May-26 11:50:24 101.80 576 Sell* 101.80 103.40 586.37 A

27-May-26 11:50:24 102.00 251 Sell* 101.80 103.40 256.02 A

Stoops, you wrote:

It is Wednesday morning.

WEDNESDAY.

And yet the man writes as though civilisation itself has collapsed into ash because a strategic investment involving Angola, sovereign capital, rare earth infrastructure and international legal documentation has taken longer than a Domino’s delivery estimate.

“Yet another week has passed…”

No Oscar. Three business days have passed since the weekend and you are currently experiencing what psychiatrists would clinically describe as Advanced ShareChat Derangement.

The mind has completely dissolved into the valley of novelty.

He refreshes ADVFN every eleven minutes searching for revelation:

* concrete pours,

* drill rigs,

* long-form documentation,

* signs from the heavens,

* perhaps a whisper from Paul Atherley himself carried upon the desert winds of Longonjo.

The man has become a wandering regulatory mystic hallucinating “false markets” in the curtains of his living room because the Sable paperwork is still circulating through legal departments.

Somewhere in reality:

* lawyers are revising clauses,

* bankers are procrastinating,

* drills are probably still drilling,

* and Paul is likely eating toast completely unaware that Oscar has entered his seventh consecutive week of apocalyptic disclosure theology.

This is what happens when a retail investor mistakes himself for the final guardian of market integrity after reading half the UK MAR summary page.

Not an investor anymore.

A prophet of administrative delay.

A trembling desert hermit screaming:

“THE LONG-FORM DOCUMENTATION MUST BE EXECUTED.”

while everyone else quietly goes to work.

But you failed to mention if there might be an RNS, I like the spacing, adds class (smiley face)

There again it could be Friday