Member Info for Pm8Stonks

Might start mixing up a humble pie in preparation. Fully agree, PA may let deadlines etc slip, but there is no way he is going to arrange a ceremony like this without having some funding almost locked and loaded. With those involved, ATF $$ etc he'll be wanting to impress. I too am now leaning towards funding in the next couple weeks. Bring it on!

Mate you can't with any degree of accuracy make that call. All your prices and workings are based on your own assumptions. It doesn't take much to massage the numbers to a view which reflects ones own narrative.

As the share price slides south, I'm seeing a lot of criticism directed at Paul Atherley and feel its largely unjust. People are forgetting what has been accomplished in the past 12mths. Not enough leeway is being given to the fact the goal posts have moved several times, which has been reflected in some missed timelines. I concede that PA could've communicated some of these better, certainly with respect to the BFS, however there has been significant additional planning to incorporate new processing and refining facilities into the business plan. This arguably will allow Pensana to diversify away from being just your run of the mill miner. Listening to the recent VSA capital interview is telling, the bulk of the interview focus is actually given to the Saltend processing facility including talks of recycling and sourcing additional offtake from other suppliers. This alone has huge potential and could well be a £1b company in its own right if all goes to plan. Having followed many mining companies over the years, I can honestly say the approval at Saltend happened about as quick as one could've hoped for. These things have a tendancy to be bogged down in environmental protocols and extreme NIMBYism, this show's that Pensana have what it takes from an administrative, negotiation and planning perspective to get this project across the line.

Perhaps a few are miffed on the potential of the Angolan sovereign wealth fund potentially upping their stake? Whilst on the other hand failing to see the huge upside of having a supportive and stable partner which is heavily incentivised to see the project succeed. Paul has not only fostered a respectful working relationship with Angola, but also foreseen the need to go down the ESG and green compliant route which separates Pensana's product from its peers, (and future proofs any requirements down the track). He is also engaging on the ground in Angola to get buy in from the local workforce, which will further help minimise the often seen exploitative mining practices of many companies operating in Africa, yet again minimising geopolitical risk that comes with operating on the continent.

"The Company has engaged international consultants and with officials in-country and the UK Embassy in Luanda to weigh opportunities to establish a centralised hub with anchor farms feeding into a roasting facility at the port of Lobito to produce coffee for export to Europe. Providing positive opportunities for talented young women to help build a sustainable economy. Pensana is actively seeking bright and aspirational women with STEM backgrounds, particularly those who come from diverse and/or disadvantaged backgrounds and want to be part of creating solutions for a sustainable future."

In my humble opinion I think many will be looking back these ~£1 share price levels in disbelief, the potential here is huge, and with the calibre of the management team assembled, personally I think PRE has the right mix to get t

Well on our way to seeing a significant global shortfall in ndpr. Announcements like the below are happening every week now. Once PRE has the funding deal locked and loaded it's only a matter of time till the shareprice starts appreciating to reflect the actual value of the project

https://www.offshorewind.biz/2021/05/07/south-korea-unveils-eur-27-billion-floating-wind-project/

Pump it to my veins! Paul looking decidedly smug throughout the interview. Get the feeling financing is close. 10 fold increase from here over the next 18mths!

hard not to dip into the savings for another parcel, its like taking candy from a baby. Going to be some regret from those that sold as Pensana continue to kick the goals and march towards market cap parity with Lynas over the next 12-24mths.

It followed a similar script around the release of the PFS. took the market a couple weeks to work it out. Today's open probably wasn't helped with the recent rare earth news out of China and the Lynas sell-down.

Going to be pretty much the last opportunity to get a parcel at these levels in my view, before new information outlining the financing drops (which will be likely already be informally arranged). With the fairly ambitious timetable to get into production you can rest assured they've planned ahead and the news flow should start dropping with regular frequencty now the Saltend approval is done and dusted and the business plan is complete.

Personally I wouldn't be surprised to see a market cap of £1b by Christmas, with say 250m shares on issue (post raise, with a mix of debt too), that'd be in the ballpark of £4 a share. Plenty to drive things north, remember the fundamentals.

Best go back and read some previous announcements. There is a wealth of information on the Pensana website ( https://pensana.co.uk/archived-announcements/ ) . including all their mineral resource upgrades (14th Sept 2020)

Great post eloro. Interesting to see the growing number of these downrampers who seemingly show up happy to spread a narrative lacking any research, knowledge or insight into what PRE is attempting to do....

Enjoy the easter break, hopefully some big news coming in April!

Presumably if the saltend approval is needed for the revised business plan, would be be expecting that end of April too?

Everything seems to be falling into line, the irrational selloff today is just an opportunity to grab a few more off those who were only here for a quick buck anyway.

Patience will reward the long term holders here

With everything falling into place, rising ndpr prices, superb management appointments and being well connected and savy enough to adjust the plan on the fly to incorporate end to end processing, this has PRE well ahead of any competition. The likelihood of achieving a market cap north of $1b in the medium term seems likely I think. And some of the valuations that once seemed lofty, pie in the sky levels £10+ aren't as farfetched as they seem now. Personally I could see several different scenarios where this could be achieved in 2-3years time, perhaps even sooner if a takeover offer is made?

The business plan will likely highlight the superior economics of the project, but largely be a forgone conclusion as I suspect financing, plant design and even construction dates will probably already be largely decided.

For me this is an easy set and forget, of course there is going to be share price turbulence along the way, but the solid foundation that has already been laid provides a high chance of this evolving into a long term winner.

Just my 2cents, but one happy holder here :)

Two great hires! What an incredibly talented and high calibre list of recent appointments. Still waiting on that pesky business plan, but as has been previously mentioned, you wouldn't have talent like this committing to the project if it wasn't a go'er!

Fantastic close today, the stars are aligning big time here

Looks like another shrewd board appointment, would've liked to see that business plan, but good to see they're still busy progressing things behind the scenes

Perfect storm brewing...
- Favourable political tensions,
- Rising ndpr prices,
- Sector tailwinds with a long period of substantial demand forecast.
- PRE ahead of the development curve in getting the mine up and running well before many peers.
- Good management,
- ESG focus
- Local govt backing.

Seemingly ticking all the boxes. Huge potential here. Yet seems like PRE is still flying well under the radar

outside of macro events, china shenenigans and the business plan (inc BFS) releasing this week etc, It's possible that investment funds with some sort of geographical mandate/restriction were also waiting to jump onboard now that it is solely listed in the UK?

https://www.reuters.com/article/us-southkorea-energy-windfarm/south-korea-unveils-43-billion-plan-for-worlds-largest-offshore-wind-farm-idUSKBN2A512D

Seems like every few days there is an announcement of this magnitude, talk about snowball effect, ndpr consumption is set to boom!