The company will survive for strategic reasons IMHO but I’m not confident of the share price. Feeling is it will be bought for very little by one of the big players. I shall sink with the price no doubt!
They have now secured cash for the business to stay afloat in the short to medium term, sources with understanding of the matter said. The sources would not comment on the identity of the new backer or backers.
Long term hold. They are invested in things that matter and with a decent yield. But if in doubt, lob half out but there are not many like this around.
I see only positives….and goin to plan. Pensana is pleased to announce that its planning application for a larger rare earth refinery site at Saltend Chemicals Park near Hull, has been approved by East Riding Council.
Do people seriously buy or sell on some of the ridiculous comments on this chat. There are some interesting contributions but wow, some of the rubbish and insults that is thrown about is extraordinary.