RE: Today's RNS - a wizard wheeze with no comment from the Board24 Jul 2024 01:36
Theo, Still waiting for you to apologies to the deceased's family.
No the shares will not be worthless because the Company will still have all of its hard assets in place ~ In fact if you analyze the true worth of the Company compared to 2020 then there is considerably more value in its assets today. We now have a Proven World class resource, the infrastructure in place to begin construction, a second project that on initial inspection looks to be as good as if not better than LJ, all necessary permits, plans and permissions to proceed and some not inconsequential IP.
So just as you were proven wrong about Berkley, you must also be wrong about Pensana, On asset value alone this company is still worth several multiples of its current SP.