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West Africa base. They have cut book value by 10% as well as PE rate on earnings or enterprise value over EBITDA. It has made Endeavour vulnerable to a takeover bid according to Gold Eagle. Closed above 1770 in Canada.

Confirms perfection work to end 31 December as latest. Cash raise of at least $3.9M in January 2026 as they will be out of funds. What is telling in the RNS is the low rare earth prices quoted and this to a degree encourages RBW slow boating progress. The management would have more confidence of financing if prices were higher.

USA open was 13:30 London time as we do not have British summer time change for later this month as USA changed already. The share rallied 3p to 36p after the open. So far we are managing to hold that area.

Stochastics daily are 100% but hourly is now on 0% and oversold. Good possibility of it going back up soon. Hot money has left the scene.

Lower high was put in but only just so yesterday. The USA markets may bear an influence on what happens next.

Mumbles, I was not being cynical. I was diluting all of the Pensana shares and working out what the new total which is not what the dilution sub was. Some of us can make mistakes.

Sundrum that suggests I think around 29p. Hence why the share price may be going back down again.

At least we know Pensana has a future for certainty after this morning.

The current share price at 38p is below the enterprise value of the money to build the mine. It also values all the pre-work done as nothing.

For those who wanted to add before the RNS, a big clue was a company taking payment of money owed in shares. They may have now sold some of them to provide some liquidity into the market. The big boys play after 9am.

Market maker begging for shares. This may well go a lot higher.

Does this go to 62p as part of the equity raise of $38M.

There was no update on the physical gold in CME associated warehouses in Hong Kong.

Https://www.cmegroup.com/content/dam/cmegroup/notices/ser/2025/03/ser-9515.pdf

Oops it was supposed to be 981p. I think it has breached the previous high in USA. Need new glasses.

Gold Eagle article published today backs Endeavour Mining. Hence the change in pattern usual today. Looks like consolidation and uplift.

Turned out okay outperforming Barrick, ETFs and gold for once.

We will find out soon if it is consolidation and upwards or some kind of rope a dope by gold sellers to take it down later.

A very happy day on this one. Tree shake to test weak hands.

I would not be surprised if we end up by 5p today, but with any luck it would bring RSI and stochs down enough to be more exciting during the week.

Not a lot of joy today as gold retests a high and uses up a lot of fuel in doing so. HK gold stocks were replenished on Friday. Suspect little progress today as some overbought on gold gets worn off.

SP without an RNS you could be right. I won't cash out unless I need to use the loss to avoid CGT bills.