Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Eloro - As I know you are on one of the TG groups, your post is disingenuous to say the very least. You know full well what is going on but have deliberately come on here to create FUD.
If you're not happy, sell.
Correct h1tch0. Also, taxpayer's money will only be dished out once certain funding criteria is achieved if Britishvolt is anything to go by. Quid quo pro, Smart/Dumb Peter must believe funding will be achieved, despite his protestations to the contrary.
Newsuk - MJM was rightly banned due to his behaviour. China is still here (ChinaSyndrome's initials are CS - look at recent posters).
Pensana is a medium to long term hold and you haven't lost a penny unless you sell. Pensana have been offered the finance but the BOD believe a better deal will be achieved. Sit tight, your patience will be rewarded.
https://www.londonstockexchange.com/news-article/PRE/operational-update-for-saltend-and-longonjo/15732466
Here is the link to today's RNS. It provides an update on the Saltend and Longonjo projects.
SmartPunter/DumbPunter/other alias - We know, we get it, you don't rate Paul A. You've repeated it hundreds of times, literally hundreds. Stop repeating yourself like the boring drunk everyone tries to ignore at a party. It really is dull.
It was brought up a few days ago and after MJM's recent meltdown I thought it timely to try and draw a line in the sand. Ultimately the level of debate on here has deteriorated and is pretty unappealing to those that read these messages for the first time.
I know I am guilty of not focusing on the reason I am here in the first place as I became fixated on identifying the detractors and why they posted. Now I know (as do quite a few on here), I think it is time to bring the focus back onto what Pensana is attempting to achieve.
For those new to this board, the vast majority of us believe Pensana will become a market leading Western owned rare earth miner and producer. Every piece of the jigsaw is in place and we now await the announcement of finance, which Pensana themselves have recently communicated will be in Q4 of this year. Once the announcement is made the share price will begin to move North. How quickly and aggressively is up for debate but given how few shares are traded and how demand will look it is reasonable to assume the prices we have seen of late will look seriously discounted.
Let's all try a bit harder to make this forum a less toxic and more professional environment to exchange views.
I must confess I found yesterday evening's incoherent, vulgar ramblings quite disconcerting. He has serious health problems and if this is the only outlet he has to express his cry for help I dread to think what his real world life is like. I hope he finds the help he so desperately needs and manages to find some peace.
Funny isn't it. His Majesty's Government, M&G, Artisan Partners, Volvo, Equinor, FSDEA, GKN etc etc have done extensive due diligence into Pensana and back the project. Whereas there is one anonymous hedge fund that posts FUD on here to try to persuade you they know better.
The question is, who do you believe? One organisation that doesn't have the courage of their conviction and comments from the shadows or major institutions/PLCs that are prepared to put their money where their mouths are.
To anyone new on here, the truth is SmartPunter, Theorist and others work for a hedge fund in London that have been short selling Pensana since mid 2021. Their sole objective is to target retail investors to persuade them to sell their shares. Please see the earlier posts in the string entitled 'Short selling hedge fund' for further detail.