RE: China Hacked15 Nov 2022 23:21
Great work Hogsnipe, I was looking at the AI programs just yesterday. Anything over 83% is considered just about a certain match. I have suspected this for ages,
Now there are also a number of Posts on the Rare earth Investor forum: https://rareearthsinvestor.discussion.community/post/pensana-metals-discussion-and-news-2019-2022-10121079
There was a TK on there who I think is also Theo/HE ~ and if you want to hit the Jackpot you could also try running some of the earlier REO gibberish and or Ausheads from Hot Copper. Note the style of REO offerings changed a few months back after they moved shop, as did Theo's style on this Forum !
Let me know if you don't have the time and I will endeavour to learn the process. Otherwise if you need any help tracking down suitable input let us know, there is a whole army of people out here eager to identify this Prick.
A few samples of TK's posts on REI
Senior Member872 posts
TK01/21/21
@rareearthsinvestor
Quote:
wouldn't it be better to process for themselves instead of sending it to China?
It is a totally ignored fact, that the existing rare earth supply China is a distributed one. Asking a rare earth miner to produce rare earth oxides is like asking an iron ore company to produce welded precision steel tubes. It is not their turf. Also, it inflates working capital to unsustainable levels. Lynas several times would have gone over the edge, had it not been for Japan's continued government support.
If junior miners want to get off the ground and want to get rich, they have to ship concentrate to China. See MP. Doing that opens a downstream processing option, which otherwise won't exist.
I don't think that shipping high radiation concentrate to China is an option for Pensana, as China won't want to have it. The suddern change of concept based probably on the inability to ship to China.
Senior Member872 posts
TK01/19/21 · Edited
All alarm bells are ringing:
Pensana so far said no word, why they suddenly changed concept from shipping concentrate to China to building their own processing in Yorkshire and shipping concentrate to Yorkshire from Angola.
Angola's monazite is very high in thorium. Longonjo historical data consistently 0.13%, higher than the praseodymium content (Pr).
It is entirely possible, that the Chinese rejected Pensana's concentrate for high levels of radiation, and that is why the concept was changed.
Which then begs the question, why Yorkshire would accept the same.
Nothing of that is answered in the weak PFS, that Pensana posted on November 15, 2020, without the usual fanfare. Little wonder, as that piece is certainly not among the most glorious moments of Pensana. Must have been researched and written by a student.
I recommend reading the PFS and especially the JORC attachment. You shouldn't be Pensana shareholder, if you haven't read it, and if you have read and understood it, well....
Cheers, Happy hunting.