George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
What an armature effort at FUD, such a simple one toexpose as a Lie.
Lynas was A$23 in April 2011 and fell to A$0.32 in September 2015 and is now A$7 how's that for a recovery ?
All a matter of judgment, but you seem to be highly biased and ignorant in considering the FACTs before passing judgment; which is the Chinese way I suppose !
You seem to forget/ignore that PA and his team, have in the space of five years taken a penny dreadful exploration Company RVY from A1.3c ( ie 7p after consolidation). In that time they have developed Longonjo to the point where it is now a World Class Tier 1 Resource and is about to be fully funded & developed. All that while weathering two Global catastrophes (Covid and the Ukraine) that have destroyed most of the Worlds economy. The SP may be 25p this week, but I and many others can now see the light at the end of the tunnel. LJ first, to be quickly followed by Saltend and then Coola for the "Cream on Top"..
As I said earlier, BNYM have been buying all the way down; whoever their client is they must have a very good reason to want LJ feed, Is that because they already have a factory that desperately needs RE feed ? and they can't be confident of sourcing RE's from another supplier ?
Talking about which, let's have a quick recap of Pensana's Peers ~
Peak, 13 years and still not looking at Construction. and now behove to Chinese
GGG, 20+ years and have had to abandon their Project because they did not engage with the locals
HAS, 12 years and have had to shelve their Refinery
MKA, 12 years and still waiting to get Government agreement
TRE, 20+ years to eventually discover they were being sold a pup
ARU, 12 years and still have not worked out that they need a lot more water than they have
MP, Spending Billions on a massive push back to access limited amount of deep ore.
RBW, Has already lost "the richest REE deposit in the World", and is now trying to scavenge some out of a toxic waste dump in SA, yes that is the Country that was recently caught providing Arms to Russia !
LYC, The only real free world producer to date: MC US$4B, has a Resource comparable to LJ/C, and is still building a Refinery LYC is currently trading at GBP3.75 with 933M shares on issue !!!
You poor thing, There is no bigger fool than one who does not take his own advice, so you paid 147p and are still holding despite giving everybody who listens advice to sell; If that is true you are without doubt the biggest fool of them all !
Dumbo, you are a fool: You have already had to erase your complete posting history once.
One simple question; If Pensana is such a dog of a stock; Why has the BNYM been secretly buying for the last two years and is now the sixth largest custodial holder on the Register ? Theorist has not been on this forum continually down-ramping PRE all this time because he feels sorry for Investors, You and the other mugs have been played, the Yanks need Longjono's product now that the Communists control most of the other significant sources of Rare Earths.
The 'eleventh minute' Chinaman speaks, but does not understand British law ~ Personal abuse does not have to be proven, and implicating third parties such as Family and Friends makes it open slater for a class action. Every time you post I think of "Minnie the Moocher"
Theo, Still not answering my two year old question ! Clearly this has nothing to do with either companies prospects and totally to do with your obsession with PA; BTW you don't have to concern yourself with my finances, I am still way in front on both counts. One day somebody is going to identify you ~
Theo, You have still not answered any of my questions ~ two years of Trolling Pensana's forum with FUD and a constant stream of invective abuse towards PA without so much as a word of explanation as to why. If I were you I would be more worried about what will happen once Jack's boss realises he has been sold a dud. And don't give us anymore of your sanctimonious drivel about doing it because you are a good guy and are just warning us; A good guy would not gloat every time the SP slips a point or two. No, you are exactly what I said you are a piece of Dung !
Again Lies, ALK owns TVL
As I said earlier, You are a piece of Dung.
The China lover returns, Gutsy effort seeing as Pensana is now in the last days of its descent on the Lasangde curve. https://kuchling.com/the-lassonde-curve-a-wild-ride/
Read and weep your CCP FUD is about to be proven worthless !
Theo you nasty piece of dung; Lies Lies and more lies ~ What did PA do to you, did he catch you with your fingers in the till ? Berkley did not and has not gone Bust; You have spent two years of your life trying to discredit PA on PRE, now you have come onto this forum regurgitating your FUD and downright blatant lies.
Get a life for Christs sake, or at least be man enough to confront PA directly without hiding behind an alias !
Dumbo, Clearly you are one eyed ~ You happily talk about the competitions Radionuclide problems, yet you fail to address your own toxic heavy metals one ! You suggest that the UK can't support a Refinery, while happily accepting that RBW will now be exporting their concentrate to the USA to be treated by a Company they could soon be in competition with, or do i smell a takeover ? I seriously doubt that can happen given the ANC's relationship with Putin !
Then there is that reoccurring question of 'Profit transference', What Government in their right mind is going to subsidise an operation that moves it's profits offshore to its 'best friend's enemy' ~ Burundi were not fooled and we all know what happened there once they realised that they were being exploited.
Theo, another patent lie, I personally know of people who have been with PA throughout the journey and all are well in front. If you have lost on PRE you have nobody to blame but your self, for not listening to your own predictions. But I doubt that you have ever Invested here. Your obsession is actually a measure of your own shortcomings and insecurity.
Talking about failures, If I were you I would be worrying more about how RBW and K-teck are going to keep their filters clean ? one more failure to his name and Jack looses all credibility !
By the way, please let Andrew know that he has a buyer for any PRE stock he might have left as I will be buying again.
Dumbo/Theo/TT/Lewis/Jack; What a difference a day makes ! Rainbow Resources, since day one when Dumbo asked me what Pensana was using in its Propriety process he flagged that he was fishing for Information from his competitor. Sorry but Rocky has prevailed yet again, Pensana's future is assured while Rainbow still has to demonstrate that Jack's technology will work. Jack has been a failure for 20+ years, whereas Rocky has runs on the board, I know where my money is and it's not thru Andrew !
Tony, The game is up ! Pensanna is now assured success, 92% of SH have decided to go ahead with the Resolution ! Tell Theo/Jack that his campaign against his nemesis Rocky is a "Bridge to far" he might have put all his money on RBW but he is slated for yet another failure. Thomas might even see the light now and stop posting his garbage ?
See Theo, I /you were right, only one day and your mate's organised selling has taken us into the 20's; talk about an odds on prediction ! ~ Can I take a bet on that it will rain in the UK sometime this Month ?
Dumbo, for once in a blue moon I agree with you ~ IF RBW continue down this path of just producing a TREO Sulphide and then shipping it off to K-teck in the USA, they will simply be repeating their mistakes with Gakara. The product from Phalaborwa will only be worth around USD$30,000/t (at todays SMM Rich Concentrate prices), barely meeting the mines OPEX costs. Yet once processed in the USA it might fetch around US$70k/t (but certainly not the US$130k/t that was used in the PFS), In my books they could well be accused of Profit transference. A leopard does not change its spots ! Once the ANC realise that they are missing out on the Cream (as did the GoB), I foretell a souring of relations.
That Strategic position taken by K-tech suddenly makes sense, happy Jack ?
Fair enough Tony, I have been saying all along that Longonjo / Saltend have been the victim of Global events which started with Covid and got nailed with Boris's Tea Party. However the Fundamentals have not changed, Longjono IS a Tier One Deposit, the Business plan is sound even at todays CCP depressed numbers. Sooner or later sanity will prevail and Pensana was/is and will always be in the box seat; because unless the World embraces the Electrification Revolution the Human Race is stuffed !
Theo, Trading in the 20's ? not a very ground shattering prediction seeing that it was there just last week and when the latest CR is factored in it should drop the SP a couple of p for a while, however as the majority of those shares are being taken up by the ASWF they should will have little impact on volatility ! So I will also make a prediction, I think it will be trading above 50p before 2024.
Now lets get back to the real reason why you and your dumbass mates Jack and Lewis are trolling PA ? we don't see you predicting doom and gloom on any other RE stocks so I doubt if your reason has anything to do with the fundamentals of Rare Earth mining. Clearly you have a personal beef with PA, pretty pathetic that you hide behind an alias, gutless even !
What's up Tony, It has only been two weeks since you were encouraging the village idiot Dumbo to post his FUD on Pensana ~ did his latest ranting hit a raw nerve. We have said this numerous times, we will continue to respond to any garbage posted on Pensana forum, by returning the compliment with 'Facts'. If you don't like it you know how to stop it !
In the mean time ~ As Dumbo raised the topic of extra judicial killings, :https://apnews.com/article/south-africa-whistleblowers-corruption-killed-03d4e5aa116b2acd9562b50c25289491