Member Info for daytrader2

No he is right. It’s all rubbish. Mkt Cap £ 87 and heading south. You expect to raise all that debt and the same i equity. We won’t own the company any more. I know PA hates number s facts and details ( it ruins the narrative ).
It just doesn’t work

Well when a public company has a market capitalisation of £11 mm. It’s pretty much owned by 3 gentlemen and not much money in Treasury.
As of today real capex for Li Hudroxide plant is $1.5bn. Hmm the Capital Asset Pricing Model I studied at the LSE doesn’t really stack up.
Another pundit described it as an elaborate hoax !
So yes that should cover messy

Smart Punter yes you are Smart ,,, all smoke

Hmmm SA bank they say. I was in Joburg and Cptown for Indaba. Sure didn’t seem that way. SA banks can’t even finance their own power grid let alone Angolan/British REE play. No more red cordial for brekkers

Just heard from my Oz mates in Perth that PA is there doing the circus act for the big lithium guys now the British Volt /Recharge deal is bust,,, embarrassing panic move. He is learning the Li crowd is rich and smart not desperate hopefuls like the the REE punters,,
His capex estimates apparently got laughed out of the stadium.
This could get messy

Oh my god. Just on with my Oz buddies. PA is in Perth trying to save ALK after the British Volt /Recharge deal collapse. Making a fool of himself crawling to big Lithium players!!!
But what about us !! PRE shareholders he has thrown us under the bud with no financing while he feeds himself on Alk
Remember the Oz Pensana shareholders hate PA after he screwed them on the no access London listing
This is beyond a joke now. Disgraceful conduct!!!
Where is our financing. !! Not having a BFS is making it hard
Hey China. You are a legend in Oz matey .., apparently you ramp up all the websites down there too,, are you on PA payroll. It seems you are online 24 hrs a day
Where is our money !!

Problem is Company will be in default of Asset Maintenance agreement with Angolan Govt . Angolan creditors will force majuere ,,, fold the tents . Project ends up in the sovereign wealth fund and given to the Chinese SOE who runs it
Look at AVZ in the DRC ,,, Africa always wins

Oh one of the worst !! DYOR ! But check out the history at Leyshon in China ,,, Berkeley in Spain … Pensana in flames it’s truly shocking. Now ALK. He gave himself 50% of the capital and spins fanciful stories
Elaborate hoax ,,no money ,, no contracts ,, no future

??

Folks get out while you can. Look at Pensana. PA has been run out at the bowlers end !! Can’t be trusted ,, same will happen to us here
Run !!

Yes ... No Country for Old Men . As the movie said

Well looks like confusion reigns.. deck chairs on the titanic and all that

Yes an update is indeed required. We have a market cap under £30 mm and require funding of $400mm. A path forward must be articulated

Doesn’t the project require a rather long gas pipeline ?

Press reports on the lack of Mexican pipeline security are quite worrying