Member Info for Chinasyndrome

Hogsnipe; Boris probably has LCM to blame for the delay ~ Somebody in HMG did not realise that when they formed the ATF non of the Public Servants had a clue about Magnets. So when they called for advice and the boys at LCM wrote a paper telling HMG that "they" were the only show in town (actually Jail). That stuff up has cost the UK at least twelve months !

The only "form" here is your constant FUD Shead; Pensana is currently out performing Lynas by almost 150% over three years.

Why will you not answer my question from two weeks back, you claimed to be knowledgeable as to why the SP had suddenly reversed, so please enlighten us. Or are you another Dumbo, all mouth and no substance. Nuf Nuf

Great find Gaias, With the whole area already designated as Industrial, it makes it very hard for Farmer Plod's lawyers to claim he need access to his cow paddock. Or for the carbon copying tree huggers to campaign for their lesser spotted Newts !

Here's another thought, What happens when Pensana gets its Planning permission on the 18th April and there is an announcements during the site visit that HMG have decided to guarantee the financing of Saltend ? Classic FUD there Theo, pure unfounded Speculation with a nasty little snide remark.

As I pointed out a few days ago, over the last three years Pensana are up 850% while Lynas are only up 500%, you are now well behind the eight ball and it is soon going to be a lot worse for you and your Chicom mates.

As I suspected, Clearly you have no idea as to the process in building a mine process plant from scratch. Please let me assure you that it is not as simple as constructing a house or shopping center. Speaking of which do you realise the waiting time to build a new house is now at least 18 months in Oz, Covid has had far more consequence than just medical. The Engineering design process FEED is a highly complicated and time consuming process, every process is different so you can't just copy somebody else's. But we now have the FEED, so please stop saying nothing has been achieved. And before you ask ~ No we will not see the document, it is commercially privileged document, no point in giving the Chicoms our technology.

Eloro, Sun Drum has explained your misfortune, but I still can't work out why you are blaming PA for your own incompetence; did you not do any DD before investing ? are you not aware of the potential upside once in operation or do you not understand the timelines in developing the Operation ? Yes the Plan has been updated and there has been a twelve month delay because of it; but now instead of only getting 40% of the product value we will now be getting closer to 90%.

I would love to hear your rational as to why a PI (as you claim to be) would see any rational reasoning to down ramp the very same shares he claims to hold ? a little nonsensical in any sane persons books.

Now instead of blaming management for your misfortunes, try taking some self responsibility on yourself.

My mistake, currently 850%, and Severely.

So Shead please enlighten me where I am going wrong, and while you are at it you can also answer my question from two weeks back. No wonder you hate PA so much, he is really demonstrating that you are in fact a LOOSER.

Theo; If I were to believe anything you said I would now be severally out of Pocket; Instead I listened to PA's analysis for the future of the RE industry and his Vision for a small explorer result I got into Rift Valley back in early 2019 when they were Au1.6c; (16c or 9p sterling). At that time your beloved Lynas were Au$2.00 (GBP1.13).

To date both have experienced a 500% increase, so I guess we are currently even.

However let us now look at the "Potential" for growth in the next three years ?. In 2025 Pensana is going to be operational and should be generating income somewhere between AU$0.50-1.00 per share. Lynas on the other hand will still be operating at around the same level it is today and therefore its SP will only grow at the general Market rate.

The motto goes "Who Dares Wins"

Sorry to **** on a good fire Badger, but that $300M is not in the bag, it is not a grant or loan, just a letter of support ! which I assume is akin to a loan guarantee, ARU still have to find a lender and determine commercial terms.

" the Australian government has announced its critical minerals strategy and he is pleased to say that Arafura now has two letters of support for a total of AUD $300M over the long term. That $300M is basically the cornerstone of their debt package, which now allows Arafura to go abroad, i.e. to the Europeans, the Southeast Asian groups, and say that the Australian government's also in this with us."

What's wrong Theorist your as bad as Dumbo, he never answered a legitimate question either. All you ever do is spew innuendo and make false statements without a skerrick of evidence to support such. Nuf Nuf

Theorist, you are back ! you have unfinished business ie you failed to answer my last Question ?
It seems that you claim to know everything yet you know nothing ! in Oz we call your kind a Nuf Nuf

So far they have raised $30M of $1.2B to build the mine and Process plant. The mine is located North of Alice Springs so it will probably have the dearest wage bill in Oz. Don't hold your breath, ScoMo is in Vote buying mode not National development !

Hi Tony, If you look at it from a Geo-statisticians view point:

There are roughly 6,500 1m thick Samples above the cut off, having an average grade of ~ 3,300ppm NdPr
Assigning a 25x25m block to each sample (Highly conservative given the low-variability of the deposit), with an SG of 1.8 (weathered), a Recovery of 90% and assuming a revenue of just US$100,000/t NdPr.

Gives me 21,600t NdPr (6years) with a discounted value of just over US$2 Billion

Now I personally consider that a 25x25m block model to be highly conservative, If you increase it to 50x50, the final number will be 4 times greater and closer to what I currently expect the final Resource to be worth.

And as you say, the above does not include any added value for the other REO's or Nb that are present

If you are looking for Investment advice I suggest you DYOR, this forum is mainly used by Trolls and Down-rampers full of FUD.

Theorist, You have spent the last year telling us exactly why the SP was tanking,

The least you could do is now explain exactly why (You claim to know) it has suddenly decided to go ballistic ?

Swings and Roundabouts; Abstaining was not a good look I agree, but with the current Oil Prices, Angola will be drawing down its China debt at record speed. 1.3million BBL/day At a US$100/bbl EXTRA profit is almost UUS$1B/week !!! at this rate that Loan could be repaid in under twelve months.

With "Sovereign Risk" shrinking daily. What is the chance that the SWF will provide debt finance for LJ ?

Eloro, Lets hope so, I am in no hurry to sell so the SP can stay where it is if they want it, while the Company gets all of its ducks in a line. However, the dearth of News was down to not wanting to feed DT's in a never ending Pump & Dump cycle. Now that the News flow has started I suspect it will continue.

Eloro, You seem to change your story faster than your underpants, there is certainly a smell permeating from somewhere ! First you claim the ATF is a no-goer, but when confronted with evidence that it is indeed still alive you change your story and now claim the Non-ATF finance does not exist ?! How the F*#K would you know, do you have an inside source ? was he the same one who said the ATF was dead ? Clearly neither you myself or anybody other than the BOD know.

Now lets apply some Logic; Why would M&G make an Investment if they did not like what they saw; Why would HMG plan to make an ATF grant if they did not think the Business case had merit; Why would the Angolan Government Host a Trade delegation to the mine site if they were not convinced of its success. Why is Ausheads back on the HC PM8 page if his Chicom masters are not getting worried about Pensana succeeding.

In the balance, I count at least four highly respectable entities who clearly believe/support the Pensana plan ~ as opposed to you and a handful of armchair wanabee's with no data sources and who's only objective is to damage the SP.

Verify your claims with facts rather than innuendo if you want to be taken seriously.

So we now have the situation where the Government has firmly stated that it will be supporting Pensana.

However Pensana can not progress anywhere until that support has been crystalized.

So please stop blaming our BOD for lack of progress when it is clearly all in HMG's hands. Blame Boris not PA.

Not cheap, but at a price that is fully justified by the intrinsic value of Longonjo. This is where Australian Investors put PM8 prior to inviting the Brits to develop a processing plant ! So we have now reached "Fair Value" after wiping all the "Saltend" value adding speculation. Anything below this level will be cheap :) any progress on Saltend should restore that value which has been lost.