Member Info for robbieishere

Well, that's saltend ATF grant sorted.
https://www.bbc.co.uk/news/world-58592613. bojo will be desperate for REE processing now.

Dumbpunter, I have been reading though your continued waffle and I have grave concerns about your mental health. I have shared a link that may help.
https://www.penninecare.nhs.uk/help
If you are not comfortable with speaking to someone who can help you then try using
https://www.headspace.com for some meditation techniques.
Once you’ve completed a few sessions, the fog will clear from your mind and you will realise that you have been a complete tit for months and Pensana is probably the best rare earth play on the market.

You have lost of credibility and are just an annoying little turd.

Absolutely Casper. The risk reward ratio for WSBN is firmly in the reward camp for me. hard to see a downside at upside could vastly exceed 100x and could easily be multiples of it!. But lets not get carried away and sit tight.
There aren’t many miners at the moment that have such a massive reward against minimal downside. On another note, I see on Twitter that RP might be on the Sunday Roast soon to gives us a update on WSBN.

Let’s hope so, GGP only have a 30% stake in Haverion. we own 100% and red setter and our mag survey is bigger! It all comes down to what’s in the ground. This could 10x or even 100x ,but you need to be in it to win it so risk vs reward play for me. Of course, they could drill and nothing is there so kiss goodbye to your cash. Personally I think we are sat on the mother load of gold! GLA.

Absolutely, SP Is at a fantastic level for those looking to either increase their holding or a new investment. As risk / rewards go this has to be one of the best opportunities on the market. GLA.

Can’t see the price dropping much lower. Great time to top up or average down.

TW has spoken with Harry and all is looking good.

It won’t move much until we know when they will start drilling. I suspect we will get a announcement in the next week or so. Should move swiftly back to 20p once PI’s know the timeline.

Just heard on the drums PRE to get £37.5M from the ATF. Hope it's true, but we won't find out if it is or not for a couple of weeks.
After doing some digging the figure looks like it comes from 60% of the 50% of total project cost for Saltend. This would be the ceiling for the grant.We all love a good rumour! GLA.

£3m!

Fantastic update, considering that they shut down Portugal £3 revenue is amazing. Sales should at least 5x over the summer. GLA

Totally agree, PR is shocking. Even TW on his bear cast yesterday questioned what is the point of Wallbrook. They are letting down the business and should be fired ASAP.

Should see a 50% rise tomorrow!

https://travelweekly.co.uk/news/air/easyjet-collaborates-with-boots-for-covid-tests

Cash shell with £2.7m in the bank maybe worth £3m! lol 0.1p coming soon than you think.

Fair value for the share as a shell would be around £300k so plenty of downside still too come! The companies JV is outdated. In the world of carbon reduction, how can you justify burning gas to make power. It’s not even a CHP, and least with those systems you get the heat benefits.
CHP has even had its day with many large corporations now declining the benefits of CHP due to the carbon intensive of the equipment. Sell.

I’ve been looking at this for a while and it’s not my cup of tea. I’m struggling get my head around why the BoD think this is going to be a cash cow. The technology from is a gas turbine powering an 11kv transformer for use by the DNO for peak lopping. This duck had its day 5 years ago.
The use of gas is extremely carbon heavy and many large corporations are now moving away from CHP units (where you get both heat and electricity) due to the carbon impact it has on the business. In other 3 years I can see the Government banning this once Hinckley point is up and running. Good luck for anyone invested. Make the most of the ramping by the roast and don’t hold too long.

from a business continuity perspective it is extremely important to have more than one source of feedstock. All solid businesses would want to reduce this risk profile. I’m more than happy to see feedstock move to and from other companies. After all, last thing you would want is for the processing plant if there was a supply issues outside of the control of Pensana. I.e,port or rail strike for example.

Near term, chart looks good for £1.40 -£1.60 by end of June , should test new high by end of summer. (£2.08) however if grant funds is approved (and it looks like we are towards the top of the list) then you could probably add another 60-80p to the above. More long term view would be a market cap similar to that of lynas corp. approximately £3bn. Therefore around 12x from we are today.(around £14 per share,could easily be more.)

Great to see. Everything now coming together. SP should now move nicely back toward £2 over the summer.