The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Theo - I'll take lucky all day long!
https://www.technologyreview.com/2018/03/01/144958/if-youre-so-smart-why-arent-you-rich-turns-out-its-just-chance/
The SP will rerate when finance for LJ is announced. In turn Saltend will be derisked and will consequently be financed.
There will be no takeover in the short to medium term. Perhaps longer term but that will be when the SP is considerably higher than it is today.
The issue with online share chat forums is they are unregulated. IMHO they should be. Or, at least a proper KYC process should be put in place. Until that happens silly games will continue to be played. Downrampers with their ulterior motives will continue to try and influence the retail investor and in turn attempt to drive down the SP. In turn you have genuine investors that will counteract the downrampers often incorrect narrative with their own strategies.
And so it goes on.
LCM feasibility study paid for by the ATF - https://online.flippingbook.com/view/775353858/
Amongst others page 6 makes interesting reading.
Dumbpunter - Saltend hasn't been abandoned. It is still very firmly part of the plan.
And the T3l3gram group is open to all investors of Pensana. As you are not an investor in Pensana you are not invited, although it wouldn't surprise me if you had managed to get your hands on an invitation link so you can lurk in the shadows, not commenting. As you did on the previous T3l3gram group.
Reddarbee - much of the valuable insight/knowledge transferred off here onto a T3l3gram group because there is little point debating on here with downrampers that have a very clear ulterior motive. If you want inviting to it, get hold of the admin on the Facebook Pensana group - they'll provide you with an invitation link.
Good luck.
NFNICK - There is one singular protagonist - SmartPunter. You'll find that if he simply focused on his own investment, i.e. RBW and stopped downramping PRE, then the two companies could co-exist quite happily.
If anyone knows the CEO of RBW, they should request he contacts SmartPunter to ask that he desists. It would do everyone a favour.
Lewis - whilst ABSA is indeed located in South Africa, if you look at the history of the company and its current shareholders, it is very much a Western facing organisation. China made the point that South Africa is in bed with Putin. Two different things completely.
To elaborate, on the one hand you have the ANC, the ruling party in SA, who are being funded by the Russians (through UMK Mining Group, amongst others) and are putting their party ahead of their citizens. And, on the other hand you have a publicly listed bank with institutional investors from the US and the UK with a long history of working with/being owned by the Western world. Plus M&G are the second biggest shareholder in ABSA.
So, the risk to Pensana being affected by Putin and his proxies is extremely low in comparison to Rainbow's exposure.
Not really Lewis. This might help to answer your question - https://www.absa.africa/investor-relations/shareholders/
AS1971 - If you are a 'very frustrated investor' as you say, your recent buy of another 20,000 shares a week after commenting that the company is weeks from going under, looks like an extremely unusual move. I think I can be forgiven for coming to the conclusion I came to.
AS1971 - 4 posts of yours from the last 4 weeks, as below. If you're going to trade PRE whilst trying to affect sentiment on here, at least try a bit harder to disguise your activity.
5 Jul 2023 10:27 Pensana will be long gone in 12 months mate!
10 Jul 2023 09:22 Very close to the end now, under 18p. A matter of weeks.
18 Jul 2023 07:15 I just bought another 20,000 shares, this is on the rise, get on board before its too late! 50p by end of August!
Today 09:35 Encouraging start to the SP today...
"And no, I’m not Chinese, Israeli or Russian and no I couldn’t give a fig about Atherley, I’m just an analyst walking the grid."
1. You don't need to be Israeli to be part of the Chabad Lubovitch movement.
2. Justifying your existence as "just an analyst"? Hmmm. Why all of a sudden are you choosing to show something of yourself?
You're a busted flush Theo. A truly feeble attempt at trying to throw people off the scent.
What about explaining your presence here. Haven't you worked out that literally no-one takes the blindest bit of notice of what you write.
You'd have as much impact as if you stood in the middle of a very large field shouting your negativity at the top of your voice. Akin to a mad red-faced lunatic shouting, and every now and again hikers wander past shaking their heads, feeling sorry for you.
That's you, that is.
What doesn't add up is a clown that claims he has zero financial interest in Pensana continually talking its prospects down.
Explain that and people might take you seriously.
AS1971 - I recognise that without context, Theorist lying about the removal of a post boasting about a golf trip to Tasmania, does look irrelevant. With context however, it is extremely revealing.
Theorist has been extremely careful in disguising his true motives for commenting on PRE but unfortunately for him the two lies further connected him to an organisation that is in dire need of NdPr. That organisation is USA Rare Earth.
If you are a long term investor in PRE this information is important and you should do some research into it.