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Completion of FEED and Value Engineering Study

Wed, 25th May 2022 07:01

Pensana Plc - Completion of FEED and Value Engineering Study
Pensana Plc - Completion of FEED and Value Engineering Study

PR Newswire

London, May 25

PENSANA Plc

25 May 2022

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

Pensana Plc

("Pensana" or the "Company")

Completion of FEED and Value Engineering Study

Pensana Plc (LSE: PRE) has completed a Front End Engineering Design (FEED) and Value Engineering Study into establishing a UK-based world-class, independent and sustainable supply of the magnet metal rare earths vital for the electric vehicle, offshore wind turbine and other strategic industries.

Jimmy I wasn't having a pop I was merely commenting on what you had said in a previous post
"I believe the next piece of news will be the completion of the Front End Engineering and Design. Which should be completed by year end."
I assume if it was complete we would have had a RNS?
As you say, and as I mentioned hopefully it will be with us soon.
All the best Jimmy and thanks once again for your informative posts.

Oh well it looks like they didn't manage to complete the FEED as Jimmy thought they might, but let's just hope it lands early next year along with the finalised GSA.

Whilst it has been a good year overall share price wise I think anyone who said they weren't a little disappointed that the transformational RNS didn't land, the catalyst if you will, but if the webcast/slick presentation timeframe is to be correct that RNS(s) should be with us in the early part of next year by the end of H1 anyway and hopefully that will see us start to come out of the doldrums once and for all.

It has been a long wait for us LTH's here but next year might just be the year that the wait ends :-))

#ChariotJam-NotTomorrow-ButNextYear

And the same to you speed. I do hope the first half of next year will see us rise above the dreaded 18p and move on to the next leg up in Chariot's journey towards first gas or perhaps even a takeover :-0

Or in Chariot's case Bah Humbug :-((
Not many trading days left to see if we are going to get the news on completion of the FEED this year.
Maybe when they start chapping the door's in Europe and North America things will improve....

@Fazer Jimmy may or may not be many things, but a "keyboard warrior" he most definitely is not!!!!
In fact it is you who is coming across as a "keyboard warrior"
I don't think there is any need to be so disrespectful, keep it civil.

@Veteran Totally agree the only ones who are winning at the moment are the traders for us LTH's it's just a waiting game until we do actually get the RNS that will move us forward.

The question is what RNS will that be and when will it land? This year? Can't see it :-( Happy to be proven wrong though!
I notice Jimmy thinks the FEED will still be competed this year but there's not many trading days left so be interesting to see if it is.

But fear not Veteran as Chariot are going to Europe to chap on their doors and tell them about the Gas (apparently they are unaware of the gas we are sitting on despite it being on their doorstep) so it will all be okay.

Can't see it being this year as if there was a chance of that happening they surely would of held of with the webcast and also the current share volume/price doesn't suggest it's about to happen.

Thanks for that Hans Christian Andersen.
Any more fairytales to share with us?

NewKOTB I sincerely hope it is not another "positive" RNS given the price drop after the recent ones of late....

Garfield you almost had me fooled there, that was until you said "This is the only fast-moving, only AIM stock I hold"
Fast moving? Aye right. And you also forgot to start with "Once upon a time" and finish with "The end" ;-))

Aj What a breath of fresh air it is to get a reasoned response (with a touch of reassurance thrown in for good measure) with no insults, thank you, appreciated.

I appreciate we are not chasing elephants anymore and the chariot of today bares little resemblance to chariot of old. My frustration with the ever declining share price with every positive RNS, whilst I feel is not unfounded it is likely in part amplified by memories from these times.

I don't need to sell (actually had a small top up at 15.5p, so I am here until I (hopefully) see a small profit, but that will require a fairly decent uplift on the current share price.

Things are clearly progressing in the right direction, with the exception of the share price!!!

Easily answered AJ and if you'd looked at some of my posts you would see that I was stoopid enough to put all my eggs in one basket and they've all fallen out the basket......... I've never claimed to be an expert nor an investor and I'm happy to allow differing opinions without personal insults, unless provoked off course then I may let one slip.

Interesting to note the deafening silence from the poster's I am referring to (you know who you are) but they are usually chirping away like budgies :-))

That the majority of poster's on here, the ones who refuse to allow differing opinions (Jimmy this is clearly not directed at you) without troll like responses or personal insults, the ones who consider themselves experts seemed to have so little to say in any other share forum other than Chariot, yet you can't stop them from talking on here?

A quick glance of their posting history and you will see that nearly all of their replies are only on Chariot, no other share forum (in most cases) appears to get the pleasure of their never ending knowledge apart from us lucky users on here.

Assuming they haven't been stoopid and put all their eggs in one basket (God forbid) I wonder why it is they have so little to say on any other share they might be invested in?

I look forward to all squeaks, meows, growls and hopefully even a genuine explanation as to why it is only us that are so fortunate to have these experts on board? I mean we really are lucky, right?

Puss N Boots you've usually got an answer for everything so why don't you start the replies?

And we now have a 13% drop since you posted "It's good news" from Monday's RNS

Thank goodness it wasn't "bad news" :-0

meow meow

Yet your timeline of 1 year isn't an arbitrary timeline?..... Aye whatever you say as you are the expert after all ;-)))

Is that a ramp I see in the distance or is it Jam? ;-)))

So you've changed the timeframe to suit your previous (incorrect) answer but I am the moron for not comparing like for like? Or knowing that you were not interested in making like for like comparisons as you initially suggested.

As per usual from the Trolls result to personal attacks as that is there modus operandi.

No more replies from me as I know your game, meow meow or should that be squeak squeak all you want as I know that is what floats your wee boat ;-))

S & P 500 - 9th of June - Price - 4017.82 - Todays Price - 4019.65 = Practically the same
Nasdaq 100 9th of June Price - 11840 - Todays Price - 11831 = Practically the same

So they're not all worse than chariot but hey don't let the truth get in the way of your posts, it's all good!