Member Info for Kutzzzz

I think it’s important to remember :

- MP - $10bn Mcap

- Lynas - $15.16bn Mcap

- iluka - $2.87bn Mcap

- Arafura - $1.3bn Mcap

- UUUU - $4.14bn Mcap

- Pensana - £275m Mcap

They are more advanced to Pensana however most people are here for the rise when Pensana goes into production.

Pensana is aligned with industrial policy and over the next few years will achieve a similar mcap. We are just further down on the curve at the moment but we will build a mine to magnet supply chain and be an integral part of the western supply.

Anyway. As MAA said. Same goes for all posters.

I’m off until we get Cascade news and more RNS.

Take care OG.

$165m - Cascade

$160m - ABSA Debt - EXIM guaranteed.

= $325m

- Total capex of mine ($217m)

= $108m

- $40m give or take for the additional HREE circuit.

$68m remaining for?

You’ll obviously say none of this secure etc etc until it is.

I didn’t tell you when you can post, I said it was self serving and no one shares your obligation.

If it makes you feel better expressing yourself on LSE that’s fine, if you want to apply ‘pressure’ on management I don’t think posting on this forum will do it.

As for the blinkered fan boys - they have a far greater understanding of the company than yourself.

Enjoy your weekend.

You may feel you have an obligation to post (your facts) that you use AI to generate but your obligation is of self serving interest. The fact you agree with Theorist and smart punter tells a regular here that you represent the opposite side of the coin, one where you don’t want to see Pensana do well and are misinformed.

Instead of posting the same message daily. Just sit tight and wait…

Cascade identity - when the $150m lands and we get the RNS. I’m sure the market will be informed

Offtake agreements - MREC is in high demand , there won’t be a shortage of offtakes

The mine will get built. Pensana only requires a portion of the Cascade money to complete construction.

If you hold up your hands and admit you’re wrong when all of your below points are proved incorrect then that’s fine. Just don’t beat a new drum in order to slate Pensana.

Simple answer - No

When this deal is complete and the money lands. What are the following members:

- theorist

- OG

- SmartPunter

move the goal posts too? I’m sure they will change to something else to keep up the negativity.

At this point if people are still doubting the cascade investment , they need to relax.

It seems people have already forgotten Pensana received $15m already from one of the following options :

- Oscar golf - potential scam

- Hogsnipe - mystery man

- Tornado Tony - I’m not sure what he is promoting here.

More fear and uncertainty posted by you…

The difference being - Lekoil was a $10m small listed AIM company not Pensana.

Pensana have met with the board behind Cascade in CPT, Lloyd Pengilly ( a real person) is involved in the deal who is directly linked to QIA. This deal also involved the USG and other parties as mentioned in the strategic announcement. Hard to fake all those people who can be verified.

Insinuating that this deal may be ‘fake’ and referencing Lekoil on an open forum is pathetic. You clearly have an ulterior motive as SunDrum has spoken about.

I’m not going to have any discourse with you as it’s a waste of time.

And the appearance of Oscar spouting nonsense and the share price getting tanked is most likely correlated.

Absolute clown

If we know it’s a sovereign wealth fund and the Qataris have appointment a member on the Cascade board.

Power of deduction would lead you to think QIA…

Oscar you are incredibly tiresome and talk down your investment an awful lot…

Against this backdrop, one project in Angola is quietly rewriting the narrative. Pensana Longonjo mine construction is not a concept, not a feasibility study, and not a junior explorer's aspiration. It is a $250 million construction project now 22% complete, backed by a $165 million strategic investment, underpinned by US Export-Import Bank political risk insurance, and surrounded by an offtake partner network spanning Japan, Europe, and the United States. The programme represents arguably the most advanced Western-aligned rare earth development outside Asia currently under active build, and the implications for global supply chain architecture are substantial.

I have an idea for a poll.

Is Oscar golf correct ?

Or

Is Pensana correct?

I’m pretty sure in order to avoid scrutiny and keep within market regulations, they do exactly what is required of them.

Just because it doesn’t fit OG’s interpretation of the rules and regs, he must be right, therefore Pensana must be wrong.

Oscar - frankly you’re wrong but posting on this forum like it’s fact is disingenuous.

It would be very positive.

Means deep pockets and powerful connections , Lloyd Pengilly is well connected in the sector as well.

The fact this trading at a £1 with that potential news to land seems crazy.

When are the interims out?

Capping off Mbe N with some seriously solid results.

Well how about giving the keyboard a break for a while, treating LSE like a diary and wait and see happens over the next few weeks.

“ One thing I did find surprising was that most of the kit is being transported by road from Jo'burg, rather than Cape Town to Lobito by ship, but looking at the distances there is not that huge difference”

Don’t think of it as distance think of it as time.

A commercial cargo vessel moves at 10 - 15 knots. Coupled with bad weather usually on the south Atlantic , up the west coast to Angola.

2500 nautical miles at 15 knots - 6 days

at 10 knots - 11 days

Trucking moves at 50mph? We’re talking a significant time difference (days - week) and logistically easier. No unloading / loading in port as well as still having to move it from port to LJ.

Trucking makes more sense.

The fact the share price is now 116p is neither here nor there. Would you rather the share price be 80p or 116p ? When it was announced the share price was 96p and you were complaining about the discount. You can’t now use the current price and retrospectively use that for your valuation. The strategic investor may have got a good deal but when you’re putting up $160m you can probably negotiate.

The share price reached 80p in December and all retail could have bought at the same price.