Member Info for Chinasyndrome

I love it when Down-rampers can not even get their most basic statement right. It demonstrates just how much Research they have done. It's easier to write an attention grabbing headline than establishing the facts !

If you want a new CEO, try complaining about Tim George,

Bozo, We are still waiting for your Top 20, until you can demonstrate that there are 20 similar projects on line then I will treat everything you say as just more unverified Bull****

It seems that Pensana may soon be the only independent producer in the Western world, Perhaps we could take over Peek's Tee-side plant and permissions from them, after all they will probably never use them now that the Colonialists have made their move and clearly confirmed their objective of creating a Chinese World wide monopoly on Rare Earths.

I hear what you are saying Mumbles, but I seriously wonder how many of these Whingers are actually real Investors ? We both know that LJ-Saltend is going to be a cash cow eventually and as Investors we really should not be worried about the short term fluctuations ~ we have all seen the Exploration-development-production graph. What really annoys me are the Day Traders who have nothing but short term Self interest, all they are interested in is feeding off a Pump and Dump cycle; well PA is not Pumping and the DT's are not happy. Continually feeding Seagulls and Pigeons only results in getting defecated upon !

As you probably know, I regularly talk to quite a number of the Longer term Investors (holding at least 20m shares), many are not happy, but very few are concerned with the current pause on News and like you we all have faith in Management; caveat there is a small group who think they could run things better but they are looking for an early sell out to the Bootleggers !

Eloro, I too have Chinese relatives, and European and several other nationalities ~ You could say I am a Mongrel
Who are the Chinese ~ mostly Han, who have recently subverted : Tibetans, Uighurs, Taiwanese and Hainanese and many other ethnic minorities. As for Yanks, that term is certainly derogatory if intended to be so by the user, it has not so dissimilar connotations as Chinese Colonialist; ie oppression of other races and minorities !

That both China and the USA clearly wish to gain control over LJ ie take it away from the current owners (shareholders) should ring alarm bells with us all. I for one will not be saying "Thank you" if they succeed, so if my posts against anybody continually suggesting negative comment offends you, hard luck, protecting my investment comes well ahead of your feelings.

Oh dear, Have I upset Eloro ! Methinks you are being a bit hypocritical or precious, when you complain about the word "Chink" but then you freely use the term "Yanky" yourself. Still you are right both terms can be considered derogatory and I apologise; in future I will use the terms Chinese colonialists and American bootleggers.

Now my "lectures" are no different from your "comment", this is a public forum and we all have a right to post our thoughts and opinion which are based on fact. Everything I post on Pensana is "Factual", and when it's not I usually mark it as Speculation. You on the other hand make statements on the New site that can not be substantiated (as nobody knows yet if the new site is a replacement or an additional to requirements) and pass judgment on Management without giving consideration for all of the excellent work they have been doing in what you must agree are difficult circumstances ?.

Either you are disgruntled because you are currently in the red (understandable), are a day trader that has been caught out by the lack of news flow (serves you right) or are in the FUD camp, in which case we should all ignore you. Take your pick.

Lastly Bozo, does not lecture anybody, he may be intellectually challenged but he is harmless, unless you are stupid enough to accept what he says as being valid !

Hi Mumbles; The way I see it, the Pensana SP was going great guns till March 15 2021 when the FUD was started by Hamilton & Thomas/REO; Covid has not helped. Blaming management for the current SP and making them the scapegoat, is just following the line that Theorist and his pals are now feeding us. We were warned by Phoebus that their aim was to destroy Sentiment, which they did. The big problem now is that some of the more vocal shareholders have swallowed their story and are now unwittingly helping to destroy the SP themselves !

I suspect that there are at least three other groups that want to try to get control of Longonjo: the Chinese, Yanks and a bunch of minor shareholders who think they could do a better job, but don't have the numbers or expertise to do so.

Bozo is just a nuisance, basically harmless because his dribble is so patently unfounded that nobody takes any real notice. As I have said previously he is providing some often amusing comic relief, no agenda, just a sad individual.

Bozo, you are sounding like the Ozzy Board of Selectors ~ Langer delivers the Ashes and still they listen to the Players who are upset that he does not tuck them in bed each night. Theorist, exactly what have you done SFA, Management and especially PA, developed LJ into what is now one of the best/richest open cut mines in the World, they then recognised that getting into bed with the Chinks would be a bad move, so have spent the last two years planning and developing an alternative Business model. The only mistake I can see was the delisting in Oz; Australians understand mining, unlike the Poms who seem to specialise in Whinging !

Based on the last AGM voting, where dissenters barely made 0.5% "against" the proposed motions. Keep on asking stupid questions and I will start referring to you as Bozo instead of Dumbo.

Go for it Theorist, but I think you will find 99% of Share holders back our current Management team, of course you yourself not being a Share holder will have nothing to loose; except what little credibility remains in your brain !

Dumbo, I hope you are not posting your fact-less crap just for me, if you are you are wasting your time, by my reckoning you have only ever made one observation that I could agree with, ie That M&G are a professional bunch.

So come on provide your T20 for all the other readers of this forum.

Dumbo, You are again making Statements without reference to any FACTS. If you were not so blatantly Stupid I could mistake you for a Troll ~ but that would be an insult to the Troll.

And we are still waiting for you Top 20 list.

Flying under the Radar or Not painting a Target on your head ? As far as I can tell, they are doing everything by the book. As for Shareholder communication, how much information do you want, we already have a twelve month Plan and I am sure we will receive updates as each milestone is achieved ~ or do you want to know what Management are going to have for Breakfast each day ? A BOD is only required to notify the "Market" of significant "Material" events, exploring alternative or contingency plans does not commit the Company to anything. This is a two-three year project, the SP will not reach its full potential until Operations have commenced. If you are seeking short (pump & dump) term gains might I suggest you look elsewhere.

Dumbo, You are the one Insulting everybody with your constant posting of FALSE and UNSUPORTED statements.
If you want anybody to take you seriously, try doin some RESEARCH to back up anything you say in future.

As for Pensana not making any headway, Ask yourself why M&G have now invested, after all even you agreed that they are very professional and reputable Company.

Classic Dumbo, Your a lazy Bastard, who can't even be bothered to post relevant information to support your STUPID statements ! Instead you give us a bogus listing of 20 companies who's SP dropped on the 21st Jan 2022. It does not even give a reference date so one has to presume it is just a list of SP movements for that date. Which is just as well for Dumbo because if it were for a longer period, say from the 4th Jan both of his fav stocks would be in there too! And If you bothered to check, you would see that a couple of those listed are not even RE companies, while several have no NdPr at all in their Resource tables !, most in fact are struggling to show a total "Resource" large enough to justify the cost of a Processing Plant, and are obviously pure Stock-market plays with no intention of ever proceeding further.

Now go away and do some proper research and don't bother coming back until you can produce a listing of 20 Projects that are at least half way on a par with Longonjo (ie have at least 500,000t contained NdPr) ~ I will even give you a hand to get started: Mt Weld, Kvanefjeld, ByanObo, Ngualla and possibly Mt Pass, Dubbo (if they ever expand their Resource).

Good old Dumbo, The link you provided is bogus and does not open up anything; and on top of that you resurrect a known Furphy that LJ is high in Thorium. Based on what ? six grab samples collected back in the 1960's by Geo's who were looking for Uranium ! Of course those six samples were high, those geo's who collected them would have hand picked material that was registering on their Geiger-counter ! Now RVY, PM8 nor PRE have not published anything about Thorium levels, so where are you getting your information from ? the back of a Kellogg's packet !

And yes it is Big, if you care to analyse the drilling reports, you will see LJ has considerable extent, several square Km in fact and it is still open on three sides ! the global Nd Grades average over 3,000ppm, giving a total NdPr Resource of close to One million tons NdPr. That average grade by the way is after a 1,000ppm cut off, a number which a couple of Wannabee's can only dream of !

The only bigger known Resources at the moment are Kvanefjeld and TomTor, neither of which have any hope of being developed before 2030.

Great post Mumbles, I had forgotten all about Dumbo, last I knew we were waiting on him to post a list of the 20 other RE Companies who were going to beat us to supplying the World with Magnet metals....

Hey Dumbo, wake up, your audience is missing your words of wisdom, and Theorist is feeling lonely !

Yes anybody can build a Processing plant, Problem is they need feed, and I can't think of any other Company that has a Resource as good or as big as Longonjo. Agreed that there are plenty of potential deposits, some in Australia ~ good luck fast tracking those, one in Greenland, an even bigger ****e show, a couple in Canada waiting for the lakes to freeze over so that they can get access, a couple in East Africa (brown paper bag country) and a handful in the USofA that have very limited NdPr resources or are in Desert environments with little process water. So for the present time I don't see any real competition. Besides which Projected demand for Magnet metals is way beyond World capability to produce, so there will be plenty of room for competition.

Dumbo, how many times do you have to be told, Don't make statements on subjects you have no knowledge of !

We are still waiting for that list of 20 advanced Projects that are going to meet Market demand in the next couple of years ?

Dumbo, Congratulations I suspect that you are starting to realise the importance of Rare Earths in the coming EV revolution, Just as you can't efficiently crack petroleum oil without a catalyst, you can't really power an EV without Rare Earths !

However it seems that you still need to do some research into LCM. As far as I can tell they occupy just a small area of the production chain ie Smelting of RE oxides to produce the pure metals, they are neither miners, refiners of magnet manufacturers nor actual Magnet producers. Further more it looks like they obtain their feedstock thru a convoluted supply channel that starts with some very questionable individuals who are known to have illegally mined Beach Sands in India ~ You yourself have made a big issue out of Thorium; have you ever wondered where the very high (~10%) of Thorium typically found in those Beach sands has ended up ?