Member Info for Chinasyndrome

Hi Tdav, It always pays to take a closer look; Yes Xi is certainly dumping the Rare Earth Price in a misguided attempt to prevent the West developing its own Rare Earth resources, however he is letting his Magnet Manufacturers recover their losses by jacking up the prices of Magnets ! So SMM NdPr prices have fallen about 25% from US$140,000 in March to US$105,000 today. BUT in the same time N52 Magnets have gone from US$42/kg to US$62/kg today, a 50% increase !!! Considering a magnet only has about 33% NdPr in it, the actual profit margin is phenomenal !!!

It could not get any better for Pensana who are developing a complete Mine to Magnet operation and hard luck to anybody selling concentrates into China !

Theorist; Why are you trying to make friends with the Traders ? Is your boss starting to run out of shares to dump the SP with ?

Anyhow, Just a reminder that you still have not answered the Question ~ so stop wasting your breath trying to sound intelligent on other matters by simply cut and pasting 'Google' spew ! You have no Credibility here. You're just like those other village idiots ~ bullet headed Liam and that pathetic failed GM Ian ~ soon to be replaced.

Good question TDav, Short answer ~ Yes it is, Roskills never even envisaged prices over US$100/kg when the mine was first planned, Their Base case used in the PFS was US$80/kg and remained in that range up until 2028, it did not reach $100 till the mid 2030's. China / Xi can not suppress these prices for too long, his own factories are hurting and Winter production shut downs will be upon them soon.

On top of that, we are already seeing the Western consumer beginning to take notice of the Environmental disasters being created by Chinese SOE's in Yunan and Myanmar, once consumers have a choice they will 'sin bin' Chinese products. IMO NdPr prices will be back to well over US$200/kg by the time we are in production.

Theo; When are you going to realise that you can not avoid the Question ! Now I know you are not that well educated in the English language and that you will never admit your mistakes, so I will spell it out a little simpler :-

The Question has nothing to do with Pensana ! You profess to be the X-Sprot on all things RE so I am asking you to name another Company that is better ie One that has achieved more in a shorter time ?

That you continually fail to answer anything goes a long way to proving that you are in reality an ignoramus and actually know very little as to the facts that drive this industry, IMO you are nothing more than a paid blogger and are given your agenda and scripts by your clients ?

Theo; What are you doing back here ?
You Welshed on your bet, and you still have failed to answer my question:

Name one RE Company that has achieved so much in so little time ???

Until you can give us a sensible answer to that question; you have no credibility on this Bulletin Board whatsoever, Any Ignoramus can spout FUD, DP and Eloro have proved that !

YoY, Without casting doubt on you just yet; 1) The first thing most Trolls and FUD merchants do is claim to be shareholders, 2) I did say SP and not MC ~ 3) If you were a shareholder in ALK (as you claim) then you would have been aware that they have undergone a similar trajectory to Pensana ie had been massively sold down but are currently experiencing substantial growth. Therefore to hope wish to follow their example is not such a bad thing is it ?

As for the other Troll, Just because you are now paying Tag, does not mean that the Question can been avoided :- "Name one other RE Company that has achieved so much in so short a time" ?

Hi TT, With any luck, we will quickly follow our "little sister" Company, that their SP is higher than ours is embarrassing !

https://www.afr.com/companies/mining/green-metals-boom-leaves-old-miners-feeling-browned-off-20220810-p5b8r7

Totally agree Hogsnipe, It is a measure of his ability to attract high quality and dedicated staff, so that he does not have to spend all his time micro managing.

Theo, Still waiting ?

Theo, you cretin, answer the Question; Or is it simply a case of YOU CAN'T ?

That being the case we will take it that Pensana is indeed the greatest thing since sliced bread, and that you are unable to contribute anything of value to this Forum except Lies and untruths !

Theo's Score Card: Pathological Liar, Imbercile, Village idiot, Welsher, Failed annalist, Nuf nuf.......anybody else please fell free to contribute ?

Theorist ~ You have still not answered my Question : name one RE developer that has achieved so much ?

If you can not answer such a simple question you obviously know FA about the RE Industry,

Hi Hogsnipe; Per Kalvig posted his \ retraction on LinkedIn yesterday, This must be his correction :) good to see he has some integrity, unlike the FT, Thomas, REO and the other welshers / pathological liars on this site
https://www.linkedin.com/feed/update/urn:li:share:6959950106578010112?utm_source=linkedin_share&utm_medium=member_desktop_share&utm_content=post

Theo, why would anybody be mad enough to bet with a proven Welsher ?

Now ANSWER the question, name one RE company that has achieved so much in so little time.

The MiMa REE report, announced this morning, provides incorrect and harmful information regarding the funding of the Longonjo project. Consequently, we have withdrawn the report; republishing is pending awaiting adequate editing. As a research organization, our aim is to provide the best possible, objective, and transparent data as possible. We sincerely appologize to Pensana, and the readers, for not checking the background data sufficiently.
Per Kalvig

Foot in Mouth Theo, You yourself provide proof that you are indeed an Ignoramus, Context ~ I was talking about a bet that you failed to honour, not a fraud ! Now stop changing the subject and answer the Question :
:
Definitions of welsher. someone who swindles you by not repaying a debt or wager. synonyms: welcher. type of: chiseler, chiseller, defrauder, gouger, grifter, scammer, swindler. a person who swindles you by means of deception or fraud.

Ignoramus definition and meaning | Collins English Dictionaryhttps://www.collinsdictionary.com › dictionary › ignora...
Definition of 'ignoramus' ; ??gn?'re?m?s IPA Pronunciation Guide · -muses. an ignorant person; fool ;; ??gn?'ræm?s · ?igno'ramuses. an ignorant and stupid person.

Theo is in disgrace so they send in the second village idiot ! Who from the irrelevance of his post has not been following developments. What a pathetic little worm you are, I fully expect to see your equally pathetic post on HC tomorrow

Theo you ignoramus, welsher and pathological liar, We are waiting

Hi Tony, No it was not, but that also confirms that Xi is hell bent on manipulating the Market. Once upon a time it was Yankee Bankers that the World had to worry about, Now its Rouge Heads of State !

Deja Vu, We have been here before, It did not work in 2011 with Lynas and it is definitely not going to work now !

It certainly looks like Xi is beginning to panic ~ He is shooting himself in the foot by now starting to dump RE's in a last ditch and desperate effort to dissuade the West from developing an independent RE Industry !. It is his own SOE Rare Earth producers that are going to feel the pain ! and the ROW competition will not even be coming online for at least another Eighteen months !

If he was at all smart he would be jacking RE prices up to make hay while the sun still shines on China. Once the West have developed ESG Certified supply's, China's RE's are going to be justifiably cheaper. In the interim, Western EV/Turbine/Robot manufacturers will make the most of the cheap prices, all the better for Market development.

As I said earlier, he is way too late to stop Western RE development, Putin has shown the ROW what can happen when you let any one Country dominate a commodity !