Member Info for Hogsnipe

SmartPunter - shame your attention span gave out before the end of the RNS where it states:

"Upon the publication of this announcement via a Regulatory Information Service, this inside information will be considered to be in the public domain".

See what they said there? Publication makes it public domain (the clue is in the word).
Inside information passed on to the world at large is just information, nothing more.
You have no credibility here now - so why not take your talents elsewhere?

Sooner than I thought - today turns out an even bigger boomer than yesterday for PRE volume and buys.
1.25M bought before 9.00am vs 0.35M sell.
Not a lot of volume so far from across the water, but today's trades have now reached 243% of yesterday's and buys still going well at 3.4M to 2.8M sells. Still can't see much evidence we are going back to 60p though - odd.

So there we have it - yesterday's trading wasn't byno means a blip, and it does look to me is if there was some leakage of the impending rescue in the last 24 hours.

Anyway - happy holiday to the silent majority who read this board and were unmoved by the sheer drivel of the last month.

Smart/DumbPunter - my post which you believe contains "inside information" and risking criminal prosecution is nothing more than a freely available online post, to an accessible discussion board, of some notes taken by someone who attended/watched a publicly accessible Webinar given by PA on April 5, 23.
In what demented universe is this insider information?
The fact that you can't find the post yourself is more an indication of your research skills than any sinister interpretation.
Why not take a (very) long rest from your efforts now they've all gone pear-shaped?
Really it's not worth carrying on on this board - no matter how many daft alter-egos you've registered - most LTH's here will filter you out anyway.
As MadOwlSpeak would say - time fly like arrow, but fruit fly like banana - be happy and b*gg*r off.

Salvaged this from Google auto-translate of (Wall-Street Online Germany) discussion of Apr 5 Webinar:
______________________________________________________________________________________
Summary webinar from April 5th, 2023 from Telegram group and translated
Some of my notes from the conversation...
I got the impression that some of Foster Stockbroking's corporate and family clients still have significant interests in PRE,
which explains the pressure exerted on Paul by a Foster participant.

During the conference call, some information about the strategic investor was shared - he is based in southern Africa. The strategic investor's investment in Pensana was fully documented, media releases prepared, etc., approved by both boards of directors, then the strategic investor's CEO and management team presented the investment to their non-executive investment committee. Namely, the non-executive investment committee had concerns about power outages in South Africa and problems with an Australian investment they had to buy, and the committee decided to postpone all investment decisions at that meeting.

The panel will meet again this month, but PA doesn't know if it will take the same stance on future investments.

The exclusivity agreement with Strategic expired on the Friday before the end of the quarter (March 24?), making it impossible to raise further funds from existing shareholders in the 5 business days before the end of the quarter, hence the auditor's wording in the "Quarterly".

PA said it is already raising £9m from existing shareholders such as ASWF and M&G, both of whom are long-standing shareholders and support the company. Paul pointed out that "they haven't had to go to the [general] stock market for two years". They are "very, very aware of the dilution of equity".

PRE is now preparing to raise bond financing, which is already on hand in the event that Strategic's non-executive investment committee decides to postpone it again in April. He indicated that the bond funding will likely come in the next month. Despite some criticism, Paul was confident about the funding.
______________________________________________________

This information is presented as found on Google search and may or may not be factually correct. It is not given as advice and you must do your own research before taking any investment action. More relevant information may have emerged since this information was released.

April (month to date) PRE trades posted the largest total monthly trading volume since LSE registration with overall buys running ahead of sells.

PRE today had its biggest single day volume since the 31 Mar 23 crash
279 deals 55.3% buys, 43.3% sells by volume and 4.6M shares changing hands
O deals (160) took 71.5% of total volume outweighing AT deals (116) at 28.5%
Large buys (34) > 20K shares made up 82.2% of buy volume (2.55M)
Large sells (24) > 20K shares made up 78.3% of sell volume (1.94M)

So, despite a complete news vacuum since 3 Apr, PRE suddenly became a hive of trading activity today, with the usual bot-fest shoved aside by a tide of O trades and a surge of larger accumulative deals.

Coincidence? - very unlikely.

The May Day weekend market close is (my guess) when PRE will finally break cover with an announcement one way or the other. Judging by today's freakish trading (more so if tomorrow's is similar), I'd say this points to some recent positive leakage. Spring is at last in the air....

As MadOwlSpeak says - be happy - May Day! May Day! May Day!

SPunter - solar is the future for most grid-isolated communities - definitely not hydrogen.
Why would you use desperately scarce electricity to hydrolyse much-needed water to get hydrogen then burn it as a (low-efficency) fuel or use fuel-cell tech to convert it back to ..... electricity again?
See here if you're bothered:
https://borgenproject.org/tag/solar-power-in-developing-countries/
https://www.worldbank.org/en/news/feature/2020/08/13/lighting-up-africa-bringing-renewable-off-grid-energy-to-communities

The real elephant in the room is - the road network needed to utilise EV's in the first place in somewhere like rural Africa.
A low-cost, low-maintenance, load-carrying, all-terrain EV wagon doesn't exist (yet). When it does though, bet you it has solar panels on most surfaces.... and no wheels - just high efficiency drone motors...

Some genius in the West will probably crack it, and promptly be hacked by eastern IP thieves, if the past and present is anything to go by, so you may be right for all the wrong reasons.

Topic is "Shareprice" - not metal prices...
Anyway most of China's commerce in strategic metals is in the index -including -
XIAMEN TUNGSTEN CO LTD-A CN
SHENGHE RESOURCES HOLDINGS-A CN
JIANGXI GANFENG LITHIUM CO LTD CN
TIANQI LITHIUM CORP-H CN
ZHEJIANG HUAYOU COBALT CO -A CN
CHINA NORTHERN RARE EARTH GROUP HIGH TECH CO LTD CLASS A

TT - MVIS RARE EARTH INDEX up 22% since you called the bottom as we expected.
Also - Myanmar Kachin state on China border has forced shutdown of 2700 RE miners after strong local protests:
https://www.ucanews.com/news/myanmar-church-leaders-hail-halt-to-rare-earth-mining/101038
- should help reinforce NdPr price increase. May also prompt China to move on RE export restrictions soon.

TT - definite uptick when NYSE opened - noticeable that before the open, trading was AT dominated, but after the open - steady O buying, hardly any selling apart from one late 52,200 deal - maybe a day trader signing off for the weekend.
I agree - info is coming.

TT- re Nd/Pr prices - this index shows RE changes over 1 year - notice the 10 week periodicity - suggests that prices will be up 20% shortly.

https://markets.ft.com/data/indices/tearsheet/summary?s=MVREMX:STU
(then select 1Y chart)

Wish I hadn't rolled back my filters, now I feel I have to supply some home truths to our pseudo-Chinglish knockers:

China is 70% dependent on energy imports - specifically oil.
The West has a strangehold on shipping insurance, global tanker fleets, and shipping finance. As demonstrated by the West's crushing of Putin/Russian energy exporting - it could do the same to China overnight.
It will take China a decade to dig itself out of that one, options being - continue Belt & Road expropriation of weak countries' maritime infrastructure, and/or build a vast new tanker fleet (just in time for the death of oil...).
Instead China is going hell-for-leather for energy self sufficiency to get round the problem - with a multi-trillion investment in wind, solar and battery storage. Renewable energy supply in China is expected to reach 3,300GW in the next decade. Compare that that to the USA total of 230GW of wind and solar built in the last 30 years.
There is zero spare capacity for China to act as the world's cheapo battery/magnet offloader, Even if it tried, it would find shipping suddenly becomes extremely expensive, and quickly be priced out of Westen markets.
OK - so nobody wins - we will all pay more for what needs to be done to harness green energy.
But to say China has already won the RE war is patently laughable...

Filter on......

A optimistic day's trading - buy vol was 2Xsell vol for both bot and O trades
Total vol on the day follows the downward trend from Monday's peak to lowest this week at 1.08M.
Opened at 30.1 (bid )31.7(offer) 1.6p spread
Still closed down at 29.6 (bid) 30.3 (offer) 0.7p spread?
What's the logic here - maybe it's not logical Captain Kirk....

Trading today up to 15:30 -
51% sell, 45% buy by volume 38% of all trade by vol is AT 62% of all trade by vol is O
AT Buy/Sell ratio: 0.62 by vol (negative) O Buy/Sell ratio: 1.1 by vol (positive)
AT sells account for 45% of sell volume AT buys account for 31% of buy volume
O sells account for 55% of sell volume O buys account for 69% of buy volume

So AT trading is somewhat bearish, with O trading perking up in the afternoon to take two-thirds of today's volume and moving into accumulation.
Meanwhile the remaining 99.6% of PRE holders are sitting tight.

SP - suggest you learn the difference between debtors and creditors - it might help should you ever decide to take up investing:
You said:
>>What does that tell you?
It tell you PRE has 200k and Theo doesn't decide how long that will last. PRE stated they have until the end of April. debtors can decide otherwise, either way, of course.

Where's TTony gone BTW?

Last hour or to shows switch to buying - green shoots?
I just diluted my cost per share - bring it on.

PRE shares in issue 255,180,873
All shares traded on Black Friday = 6,534,411 (2.6%)
Net sells minus buys = 689,928 (0.26%)
Conclusion - between 97.4% and 99.74% of PRE holdings gave Black Friday the finger and sat tight.
Black Friday was no boubt a great day for the FUDders and down rampers to come out to play.
Black Friday was one massive tree-shake but still a total fail.
We wait - we win.

Broadly agree - not the time to panic Mr Mannering.
Most of the buying and selling is AT, in nice round multiples of 1000 shares. Tree-shake not stop-loss. Sells a million more than buys - someone's accumulating.
Remember - PA for all his faults openly spelled out last year he doesn't want retail/armchair investors on his books - corporates only please.
What better time than for bad news than when you're on the verge of good, especially if it helps your big hitters to accumulate?
We're at the very bottom of the Lassonde pit of despair.
However, I'm not budging one inch -and - would we all miss Eloro/Dumb or Smartpunter/Theo and the rest of the whiners?
That's what filters are for... wait this one out.

Oh dear me, no... the biggest kiss of death HMG can bestow on a new enterprise is to name it "British" anything.
Who remembers British Energy these days? - back in the 80's and 90's when nuclear energy was privatised , the bit that wasn't fatally hobbled with the dirty old Magnox power stations and a large collection of homeless nuclear waste - was christened "British Energy" and HMG encouraged one and all to invest in this rock-solid energy future?
Well the suckers who did buy shares (and I include myself there) were taken to the cleaners after a few short years by Gordon Brown, who seized the opportunity of a relatively minor £600m operating deficit/line of credit issue to re-nationalise British Energy - scalping the shareholders for a 94% loss.
After that, he waited a couple of years, then couldn't resist making some bunce by re-privatising it with a £4bn sale to EDF - kerrching!! Becoming a hero of anti-privatisation, bashing rich shareholders, and generally selling off the family silver - game, set and match to Gordon.

So forgive us HMG if your plan to bring nuclear generation back up to where it used to be in the nineties (by 2050 ) fails to warm the nation's heart - it certainly won't loosen my purse-strings for investment. HMG + nuclear = fail.

RareEarther - thanks for the links - just skip to the final section, read "Next Steps" where HMG's actions and timetable of activities are set out - and weep.

We will support our financial services sector, provide information and tools, manage risks, closely collaborate with industry, publish road maps, mobilise high integrity finance from voluntary markets (???), convene roundtables, clarify fiduciary duties, bring in new regulations, launch assessment mechanisms for IFRS, engage stakeholders on an ESG update, launch calls for evidence on emissions reporting, consult on the introduction of requirements for the UK’s largest
companies to disclose their transition plan if they have them, review the regulatory framework for effective
stewardship, including the operation of the Stewardship Code

and the very last action:
"In 2024 we will set out adaptation finance deliverables and action plan."

So there we are - make-busy departmental work to keep us going up to the next election while not spending a penny (should keep Mr Bean-Counter happy), then we may or may not actually decide to inject real money into the UK's green industries. Hell - if we are still in power - we could even produce some sort of action plan for the last lost year......

Labour is riding their backs. Their own backbenchers are on their backs. Big business is on their backs. The City is on their backs. The US is kicking their feet out from under them. The EU is doing the same. The electorate just says - WTF? The Chinese tiger is smiling again or just baring its teeth, who can tell?

Today is Green Thursday - when His Majesty's Government is going to reveal how, with one giant leap - UK Ltd will be free of all its energy trials and tribulations.

Today we will all learn how HMG hasn't really sat on its fat ars* for the last 40 years totally ignoring the need to have any discernable energy policy and plan, and can now reveal at a stroke their answer to life, the universe and everything green and powerful.

Building on its triumphs - rolling out the heat pump program, nuturing the UK's first lithium battery megafactory, selling out the UK modular reactor industry, installing a nationwide EV charging infrastructure, standing by while the lack of investment in the National Grid unwinds like a slow-motion train crash, building the world's most expensive train, high speed broadband and 5G everywhere, capitalising on a world-beating vaccine development breakthrough by taxing pharma out of the country, making the UK, which has enough oil, gas and frackable resources to be self-sufficient, entirely dependent on the goodwill of Norway, the EU and the US and Gulf bandits for its economic survival- what can we anticipate today?

Those of us backing Pensana are surely hoping it will get build-out financing from some sort of UK response to Joe Biden's IRA 'loads a' money' mountainous spending spree and the EU's intention to follow suit (just as soon as the riot season's over.... ).

Wouldn't it be nice to see HMG announce the complete cancellation of HS2, with all of the £100,000,000,000 saved going into UK industrial investment, real jobs, real factories, real research, real growth?

Wouldn't it be nice to have your faith restored in the dullards managing the country, and feel positive again that they actually do know that a billion really is substantially different to a million?

Wouldn't it be nice if UK Ltd gets a Sovereign Wealth Fund just like the developing world countries it is rapidly joining?