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Well worth reading this new presentation
Looks like now issues out of the way on course to quickly exceed expectations
https://www.puregoldmining.ca/wp-content/uploads/2021/05/PureGold-Deck-May-25-2021-1.pdf
It would seem logical to me that if these grants are announced on June 18th then full funding news will follow shortly? If we get given a contribution to saltend from the gov then less funding needed from elsewhere
Interesting article posted by Charlie on the telegram group
https://www.globaltimes.cn/page/202104/1220587.shtml
Mp are 6.6 billion us and lynas 4.5 billion oz
As per Paul’s comments at recent meeting the business plan will lay out how he sees us comparing with those companies
As per the company we will be the only rare earth company to come on line in the last ten years.
The Angolan side of things was looking very promising. The addition of the Downstream process takes us to a whole new level potentially
Lynas have to ship there material to Malaysia.
Mp have a very interesting history if you look in to them but not convinced that there resources stacks up.
The budget announcement and rns today could not be any more favourable for pensana and the potential financial benefits are immense.
The figures in the PFS were excellent. Since then the ndpr price has rocketed and we are adding in saltend which is a lucrative step in the supply chain.
Today’s rns also suggest recent budget announcements will be incorporated in to the business plan which is hugely positive
Sounds like there were some positive remarks from Paul at the meeting today. Great to hear that the business plan is essentially bfs ‘and some’. There’s a small pensana telegram group if anyone wishes to joint. Charlie geologist has joined and always gives good
Insights.
Rns out on asx. Saltend planning application submitted
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02333154-6A1016669?access_token=83ff96335c2d45a094df02a206a39ff4
Cheers tony
Appreciate the good wishes. Sounds like you’ve had a great run here.
I was first in at 29 cents asx and plan to continue holding long term.
Think the asx delist is a good move and hopefully bfs/rising ndpr prices and the saltend project add significant further value here