Member Info for Tornadotony

I heard something similar yesterday from the same source by email.

I have held onto my current cash in the portfolio and present RBW position. Was very tempted to go in at 12.25p. At some point it might retest if the market in general has another dive down. Otherwise we may have seen the bottom with fingers crossed. Some here will be delighted that I will be off for awhile having a break and I wish everyone well.

DP someone has bought a lot of shares around 12.23 over lunch time. There is a 50% chance they took a nibble at 12.25 area because the stochastics are running on zero and the share was beginning to enter oversold territory on RSI. What has followed was more heavy selling. I understand for 50% of people its fundamentals only and charts mean nothing to them, however in a pull back like this chartists will start to go in at particular points.

To note 3 support lines failed today. The last two are at 11.5 and 11.0. At 11.0 the RSI is somewhere between 10 and 20. The stochastics have already been wiped out to zero.

Has gone down further than I thought it would. When the mobs were taking over SA shopping malls last year in July it was around this mark. Despite everything on-going its not as bad as that event. Hopefully the sell side will go back to 12.5 is they do not find sellers.

https://www.investing.com/analysis/use-these-2-etfs-to-help-ride-out-bear-market-declines-200625996

Its the second one that is interesting.

Thanks for sharing Mrtibbles,

It has confirmed what I hoped it would be in that market sell off was the reason likely for the drop and not another disaster they were saving alongside a bit of good news. As far as the investor relations know it appears that everything is working as planned although they are possibly hinting a lot of news flow has slipped into the H2 schedule. We are of course on to them as they rewarded themselves so well and did tell us the reserve and resources update was being prepared for delivery in quarter 2 and not H2. They may just get something out on either Sukari or Doropo this week but I would only give it 50/50. Cheers Tony

DP I know they are nominee accounts put it down to yet another mistake I made in the London heat during the week.

Earlier in the week I called Virginia at pensana as Victoria my apologies for messing that up.

RTT go to 26 minutes and then 34 minutes.

https://www.amvestcapital.com/webinar-directory/pensana051922

otal change of share ownership between 9-16th June drops 250,000. 175,000 was from HL which is likely to be shorting and buy back lower which is popular in that holding group compared to some of the others. HL has increased overall during the past year. Vidacos was responsible for the rest. Remainder was tiny moves in both directions. The levels are higher than March within 20,000 or so to April. In fact 9 June was possibly a peak in top 20 holdings although I do not record that figure every single week. Variations are equivalent to a single day of trading. considering the events in the market, there is a determination to hold for longer term. Since we had the current allocation of shares the top 20 have added 1.2M to give the 16 June figure.

Total change of share ownership between 9-16th July drops 250,000. 175,000 was from HL which is likely to be shorting and buy back lower which is popular in that holding group compared to some of the others. HL has increased overall during the past year. Vidacos was responsible for the rest. Remainder was tiny moves in both directions. The levels are higher than March within 20,000 or so to April. In fact 9 June was possibly a peak in top 20 holdings although I do not record that figure every single week. Variations are equivalent to a single day of trading. considering the events in the market, there is a determination to hold for longer term. Since we had the current allocation of shares the top 20 have added 1.2M to give the 16 June figure.

To ChinaSyndrome and other readers,

I read the NdPr processing facilities are running on short time, not just because of Covid lockdown impacts but mainly due to energy rationing for processing. I gather Chinese recycling NdPr facilities are around 40-60% shut down as the NdPr prices fell for several months and they have higher energy costs as well.

Add on to it derogatory or sarcastic down ramping headings. Pretending where to not look for evidence because it would make them feel unwell.

Wow so a company should have full market value before its in production. No Theo. As predicted no maths.

would like to see. ( typed to fast).

Nothing to do with Victoria. Theo gets a big spoon as he loves stirring the pot. I am surprised that you have not given us your mathematical analysis of the value of Pensana stock price with all the assumptions that go with it.

The challenge to you Theo who claims to be from the finance community. Lets see how good you are in maths. A lot of people here would to see how you would derive a valuation and then we can compare how it differs from our own. if you can not give us any calculations despite your finance background it would further confirm your employment role on the Pensana board as being employed by a competitor and that your role is like being a troll that has just vacated its cave. I look forward to seeing your maths and hope you take the challenge seriously.

I have a correction to make as the Chairman gave a time range for the Saltend Bond being completed in the communication in May on this issue which he said from say between next week up to the 15th or 18th of July which I interpret as the middle of the month the words he actually used. (I just listened to the replayed talk given).

I emphasise the time range before a crew of people say I got it all wrong.

The last quarterly report can be pulled down from an April RNS.