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30% sell off just because the investigation isnt completed. Looks overdone.

Vietnam project is approved

The company getting desperate pushing paid for research to find a way to get funding. Its not impossible that they will run out of cash completely.

99% voted for the deal. Lamesa didnt vote, they objected to the Canadian court.

Merger with Pantehon makes no sens. 88E just need to sort out the funding, then we move forward.

Looks like we are up for some negative news

Looks like shareholder will have to keep funding the trials.

FOG already got pre-approval by the court, it would be very hard to change that. But the court obviously has to hear Lamesa objection. Small bump in the road to close the deal.

Party over back to reality

They are comapring apple with oranges, PANR land has not delivered one commercial well and it comparing to land where they produce millions of barrels per day. Its just a joke.

Sounds like farm-out is still very far away. Wont be any real news flow next 3-6 months.

Should be completed on Monday

The last reported cash number was 3.9m 30th Jun 2025. Over the past year they spent around 5.4m on admin and exploration, based on that run-rate the cash balance would be very low right now. Maybe they should take this opportunity with the strong share price to raise more cash, before investor will start to get worried about the funding situation.

The Candians will lift the roof on the stock when it opens up on the other side of the pond

Thanks all

What is the remaining risk that the deal doesnt happen next week?

SunDrum - if Pensana had got anything valauble in return I m pretty sure the management had point out that in yesterdays RNS.

StockGenius

This is wrong

"Sable goes from 100% PRE to 61.8% PRE post‑deal, with Cascade and FSDEA sharing the rest"

From the RNS

"Investment of US$150 million into the Company's wholly owned subsidiary Sable Min Unipessoal Lda ("Sable") which is a majority shareholder in Ozango Minerais S.A. ("Ozango") the developer of the Longonjo Rare Earth Mine for a 38.2% interest in Sable. "

PRE had 100% of Sable, and after the transaction they will have 61.8% and Cascade 38.2%.

FSDEA do not own anything in Sable, they own a direct interest in the mine.

I think its a matter of delta in yesterday transaction versus the pervious planned transaction. Pensana losing out 10% point in the underlying asset versus the previous deal.

That also raises the question, why did Pensana agree to a worse deal now?

What was new in the Cowen presentation versus the last Investor Meet presentation?