RE: Pensana Plc (LSE: PRE) is pleased to provide details of a revised financing and development strategy which will see the Longonjo operation fully funded into production28 Jun 2023 11:53
Complete nonsense and pessimistic scare mongering :
Following discussions with its major shareholders, FSDEA (Angola Sovereign Wealth Fund) and M&G, supported by Angola's Ministry of Mineral Resources, Petroleum & Gas (MIREMPET), a detailed review was undertaken by the Longonjo engineering team to reflect the strong desire of all parties to bring the Longonjo operation into production as soon as practical.