RE: New to Post27 May 2022 04:04
Theo, At last you are starting to put forward forward cohesive inquiry "drilling results, all the ore assessments, to be happy with Angola, the Erin Brokovich thorium solution, the track record of the management, the completion guarantees, the off take commitments," I assume it is because you no longer wish to be associated with Dumbo and Mouthwash ?
Drilling and Results analysis were performed by a very experienced and competent Geologist David Hammond under JORC Standards, If you doubt those you should not invest in ANY mining Projects ! The "Ore Analysis" was verified by SRK, again highly respected Consultants in the Mining Industry, they also did MP and are one of the few ROW companies with RE expertise. Angola ? Well they are reported to have a legal framework at least as good as Australia and have clearly demonstrated that they choose to improve, also they are significant Investors in the Project so they have a vested interest in its success. The Thorium issue is a Furphy, The companies proposed remedy of burying it in a stabilised form will be a great improvement on the current situation where Th is sitting freely on the surface able to be mobilised by any strong breeze. Track record of Management !!! You must have written that prior to todays News... All your innuendo of these last twelve months has been blown out of the water ~ Pensana is now well in front of its Peers, most of who had a three or more years head start. You should know better than to raise Completion Guarantees before any contracts have been exchanged or even awarded you can't have one without the other, and as for Off-take agreements, read the Company releases ~ 50% of Production is already spoken for and people are knocking at the door !
I look forward to more of your prompts, which allow me to respond in detail to your questions ~ Keep it civil and I will be happy to respond to any further queries that you may have.