Member Info for Chinasyndrome

How about ~ those "Large" blocks being block loans from mortgaged accounts to feed the 69 shorter club ?

Looks as if the bottom of Friday's dump was bought by some smarter Traders, If the SP continues to recover tonight Mr 69 and his mates will have a lot of trouble covering. Fundamentally nothing has changed.

I totally agree, having to put up with abuse from self-interested shorters while keeping a company solvent with your own cash must be galling

Theo, I am glad that you have finally admitted it. Hopefully the days of your "Alternative truths" are now coming to an end. Justic will eventually prevail because you can't manipulate all of the people all of the time.

OH, and it is $150,000 pm not the $200,000 you stated ~ yet another lie

Theo, why do you persist in peddling this very obvious rubbish, The only people who read it are Pensana Investors who have alredy done their own research and therefore can see your blatant BS for what it is . For 3 + Years you have been peddling lies, untruths and unfounded speculation trying to discredit the BOD and its Directors. $200,000 between eight Directors ~ so what ? That works out to be about $100 per hour, which is marginally above what a truck driver or electrician earns in Australia.!

Nothing there that has not been common knowledge for a couple of weeks!

Now what Board was that, that you said that you'r borrowing PRE shares to short ?

An interesting use of the word "We" there Theo. Does that refer to "We" as being you and your trading pals and the Chinese monopolists or "We" as the rest of humanity ? As to Lewis's previous comment, it would be much appreciated if you could inform us as to which "Board" you are referring to ? and thanks for the confirming my suspicion that somebody is indeed coordinating the selling.

What I want to know: who the clown is that keeps on lending you shares to short sell every month ? I seriously doubt that many long term Investors are still selling into your blatantly obvious dumps anymore. So with an average turnover of 5-6 million shares @ 2% margin each month the dumb traders must be loosing $100,000 ~ a sum that fits rather well with your Ringmaster's recent boast about making 250k per quarter.

So you have milked the MM's for 250k again; Look closer and you will see that it is a brand new road built alongside the old one and that extension cord connects to some of the cheapest green power available anywhere in the World.

Dumbo, We have told you numerous times ~ Do your own Research

But seeing as you are having a very bad day I will give you a hint, try the Snowden Report.

As a matter of interest, when did you become aware that RBW had written off the "Worlds Richest Rare Earth Mine" ie Gakara, in July (when it happened )or October (when GB informed the Shareholders) ?

OH dear: what a fiasco Gakara has turned out to be, We had better tell Dumbo as I don't think he or a lot of others saw it either: Funny how it was written off in June but in the 19 September presentation they stated they were still negotiating ! Certainly "Price Sensitive" but was not reported till October ~ more deceit

" As such, the Directors

no longer intend to invest significant capital

at the Gakara asset in Burundi to convert the

existing resource target to a reserve status.

This resulted in an impairment review being

carried out for the Gakara assets in the year

ended 30 June 2023 and led to the net assets

being written down to nil as at 30 June 2023."

Thank you Dumbo, for yet again demonstrating to everybody who reads your drivel, your total lack of financial knowledge ~ There is no mention of OPEX in that presentation, So I assume that your simpleton mind divided the US$200M Capex by the 40,000tpa MREC that were quoted to come up with that $5,000 !!!!

Now I did think you were English and assumed that you attended some sort of school, but if you don't know what a "?" is I begin to have doubts !

Dumbo, Lewis ~ Seeing as you have recently polluted the PRE page with you rantings, I thought I should return the favour. Especially since Dumbo choose to tell unresearched unsubstantiated lies (LJ OPEX is < US$4,000 t not the 5,000/t as he stated)

Now Dumbo just made an surprisingly correct assumption yesterday ~ "lack of News"

What "News" could that be ? Possibly what ever happened to the Pilot Plant producing 300kg before Christmas, K-tech are still waiting but that JV agreement is running out of time. I doubt if they were impressed by receiving a measly 5kg in three tranches from the Johannesburg Drill Assay Lab instead of the Phalaborwa slimes dam; certainly did not need a fork lift for that one !

And

What are/were the problems with the PP (my bet is they are unable to achieve steady state production due to all of the filters continually clogging up with colloidal gypsum) or is it unacceptable levels of toxic waste product ? Either way it seems that the PP is not fit for purpose. But I am only guessing there because Management has failed to keep you Shareholders informed.

Of course they have an established record of not keeping SH's and their host Governments informed as to what has been happening. It has now been 2and a half years since George's "The World's Richest Rare Earth Mining Operation" was placed on care and maintenance at request of Burundi Government" Last comment was "We continue to engage with the Government to renegotiate terms of the Mining Convention and to restart operations".

Wouldn't it be nice to have some "Official" information instead of having to sort thru the rubbish that Lewis and Dumbo post on everybody's pages as they try to stop the ever declining SP ?

Dumbo, Sorry mate the production cost of MRES at LJ is below US$4,000t.

Now please answer my questions on RBW

Lewis: Don't your comments on Pensana also apply here ?

Pre and all others then have a problem then, China will control pricing indefinitely making it uneconomical to mine, as is the case today.

Recycling and non-mine projects are surely king.

Remind me, at what basket price does Pre need to be viable?

You'r also displaying your ignorance about profitability, "Basket Price" is only part of the equation, Grade and Recovery also govern revenue, and of course you have to have a significant tonnage to sustain production long enough to pay-off your CAPEX.

Re-cycling will not work in a growing Market, and there are still only a small amount of installed RE motors out there.

What on Earth is non mine production ? I hope you are not referring to RBW, even if they can ever manage to get their process working it is not going to be as profitable as LJ nor be able to produce any sustainable quantity.

If everybody adopted your philosophy that China already has a lay down misere, we may as well give up now and save what money we have to buy Dim sims. The very fact that you continue to comment here indicates that you don't even believe in your own raving's !

Lewis, Don't believe what Thomas says, China are not loosing money, they have just moved their profit margins Downstream. China operates as a Co-operative one owner, the CCP who direct everything that goes on in China.

Right on cue, Karen and our Dim sim cook are back again ! both professing doom and gloom but ignoring the FACT that they both got it completely wrong; this same time last year when they were both claiming the imminent demise of PRE and are both now back again ignoring the fact that PRE's management are on the cusp of returning both of the Companies projects to pre 2022 projections.

It is now painfully obvious to anybody who analyses the bigger picture, that the fallout from the last two years of economic contraction is solely down to the Chinese and their mishandling of Covid; Claiming that PRE's and the World's woes are nothing other than a global trend, is a distraction designed to misdirect blame from the true culprit ~ Xi and his Wuhan Laboratory !

Now I can understand why the Theologist got it so wrong, his Messiah has a litany of failures behind him. As for the Opium smoker I suppose if you read enough discarded fortune cookies you are equally bound to get it wrong !

Theo: Answer my question ~ What's happened to Round Top ?

Theo, What I do with my money is my own business ~ so please don't worry about me or Tony as we have both done very well. Now stop being a Karen as you have lost any credibility in yourself that you thought you may have had. You are be a legend in your own mind but a waste of space to others. You can't even provide advice when its requested ~ what's happened to Round Top ?

DS22, Didn't you know that Theo is an X-spurt on everything, 12 months ago he gave Pensana just one month left to live and was big noting himself on buying HZM, A legend in his own mind with a litany of failed advice to any village idiot who will listen to him !