RE: Is anybody out there?28 Apr 2023 03:19
"PRE started out as an Aussie company. Therefore, it's pedigree is not British. PM8 if I recall was its ticker. The world's greatest thought he could tap us Brits because he had gotten enough from the Aussies"
Written by a lazy Hypocrite who clearly does not bother do any Research !
The Longonjo leases were initially taken up by City View/Fortitude in 2008, then transferred to Bright Star Resources in 2012, Not much happened until 2018 when Rift Valley Resources when PA took over its development, name was then changed to Pensana (PM8) in 2019.
Now as to 'Australian' mining Companies, if you look a bit closer you might notice that quite a few Ozzy Major Mines/Companies are domiciled in London :- Rio, Anglo, Biliton, Con's Gold etc etc; Now as the UK has never really had much mining of its own (other than Coal and Tin); it has historically had to go out into the World to acquire those resources that it so desperately needs to support British manufacturing ~ Further as Brits seem to be highly adverse to sunburn, hard work and flies, it has been left to Australians to do the initially finding/development of the Mines.
Apart from the brief interlude during the Common Market/EU, the above arrangement has worked to both countries advantage; it is just a shame that Boris/HMG forgot to re-establish Britain's supply lines before Brexit ! thus allowing China an opportunity to steal the pick of the crop, while the Pom's hold their endless Committee's, Investigations and write Strategic position papers !!