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PRE Pensana Plc

23.40
-1.55 (-6.21%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Pensana Plc LSE:PRE London Ordinary Share GB00BKM0ZJ18 ORD �0.001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.55 -6.21% 23.40 23.00 23.80 25.00 23.10 25.00 188,990 16:35:08
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec 0 -4.3M - N/A 0
Pensana Plc is listed in the Miscellaneous Metal Ores sector of the London Stock Exchange with ticker PRE. The last closing price for Pensana was 24.95p. Over the last year, Pensana shares have traded in a share price range of 14.50p to 61.50p.

Pensana currently has 285,180,873 shares in issue.

Pensana Share Discussion Threads

Showing 67901 to 67923 of 67925 messages
Chat Pages: 2717  2716  2715  2714  2713  2712  2711  2710  2709  2708  2707  2706  Older
DateSubjectAuthorDiscuss
19/3/2024
12:30
Rare earth's main use is for the mega-magnets needed for wind turbines and other high tech and high efficiency applications - and are currently almost controlled by China - so a completely different background than for eg lithium which is becoming a bog-standard- easily entered, market.
lurker5
13/3/2024
11:12
Lithium does not seem to be 'the flavour of the month'

- but who can be surprised with all these reports of electric cars not living up to their Lithium battery mileage tests

- let's hope 'rare earth' motors do not suffer from similar negatives !

mikethebike4
11/3/2024
11:49
Online Telegraph today :-

British battery metal refiners and electric car gigafactories are being handed cheap power deals by the Government as part of a battle to cut the West’s dependence on China.

Companies will get the energy relief from next month with the aim being to boost domestic production of key minerals needed for wind turbines, electric cars and defence technologies, officials and executives say.

China has an iron grip on global refining, handling about 70pc of the world’s cobalt, 70pc of nickel, 60pc of battery-grade lithium and as much as 90pc for some rare earth elements.

But ministers want at least some of this production to be “onshored̶1; in the UK in future, amid broader western fears that Beijing could threaten supplies during a geopolitical crisis.


With high electricity costs seen as a major barrier, however, insiders said the new measures are designed to make Britain more competitive internationally. Officials also want to deter so-called carbon leakage, where goods are made abroad using more polluting processes and then simply imported here.

It is understood that critical mineral refiners and battery factories are among those set to benefit from the relief, with the promise of the subsidies helping to seal significant investments.

One source familiar with the schemes said: “Helping to level the playing field on energy costs, and the added advantage of supplying green power for these new industries, really does start to shift the balance.”

One businessman behind two refinery operators in the North East said the subsidies had helped to ensure his development were viable.

Paul Atherley, chairman of Tees Valley Lithium and Pensana, which are building plants in Teesside and Humberside respectively, said the changes will cut the price his companies pay for energy from a quarterly average of 19 pence per kilowatt hour (kWh) to “single digits” in September.

Mr Atherley said: “The Government is keenly aware that they’re in competitive situations for locating these plants.

“The competition is coming from Europe, North America, Saudi Arabia – people are offering incentives – but the UK is doing a good job in trying to keep and attract businesses like ours.

“There are two big incentives: one is freeports for chemical parks at Humber and Teesside, and the second is these power deals.”

The battery factory planned by Jaguar Land Rover’s parent in Somerset is also likely to qualify for support, it is understood.


It comes after Nusrat Ghani, the industry and economic security minister, asked a business-led taskforce to examine how exposed UK businesses are to mineral supply chains.

Their answer, delivered at the end of December, was that manufacturing sectors including energy, aerospace, defence and automotive had become dependent on key battery metals, with competition for supplies ramping up under the switch to net zero.

The taskforce identified potential risks to supply chains, such as a high dependency on imports, dependence on politically unstable countries and “a high concentration of mining and refining capacity in one country”, referring to China.

A response published by the Government last Monday says it would be unrealistic to aim for total independence but sets out plans to “maximise what the UK can produce domestically”, with a major focus on so-called midstream activities such as refining.

Ministers have also vowed to look at further “supportive policy proposals to build on the UK’s existing competitive advantages”.

The power subsidies are part of a wider package being offered to energy-intensive manufacturers under the Government’s British Industrial Supercharger scheme, which was consulted on last year.

Combined with other measures, it will exempt firms from green levies, capacity market charges and 60pc of their network fees, slashing the price they pay for electricity dramatically.

The costs of the scheme will be borne by consumers, with the measure expected to add between £3 and £5 to household bills per year.

It follows years of complaints by industrial companies of high electricity costs in the UK compared to other European countries and the US, which they say puts them at a disadvantage.

Steve Elliott, chief executive of the Chemical Industries Association, said energy costs were “the biggest long-standing disincentive for chemicals businesses to invest in the UK”.

He added these can often make up more than half of an energy-intensive company’s operating costs and blamed a large burden of green energy levies for piling extra burdens on firms.

He welcomed support from the Government but warned prices were still well above levels previously seen before the Ukraine war, adding: “UK chemical businesses are still up against extremely stiff competition.”

A Department for Business and Trade spokesman said: “As well as supporting our ongoing work on critical minerals, the British Industry Supercharger, which comes into force next month, will help energy intensive industries such as steel and chemicals be more competitive – in turn creating more high-paying jobs across the UK.”

mikethebike4
11/3/2024
09:44
Is today's news good - doesn't mean much to the layman ?
mikethebike4
05/3/2024
14:51
Looks like a re-rating !
mikethebike4
26/2/2024
12:51
This is what we have been waiting for - positive news
mikethebike4
26/2/2024
08:31
Almost all Longonjo financing opens the door for someone to do some intelligent research with numbers. Haven't seen any so far. And listing on the 'Standard' market doesn't reassure.
lurker5
26/2/2024
08:31
News received well, GLA
lawson27
26/2/2024
08:21
That’s big!
dmitribollokov
26/2/2024
07:41
Great news this morning !
sirmark
22/2/2024
09:35
let's hope so

are you in the project finance business ? - certainly sounds like it

mikethebike4
13/2/2024
15:53
Great on a dull day elsewhere, GLA
lawson27
08/2/2024
22:25
08 Feb 2024 - just 30 trades today.
Buy:sell 5000:1
US market open set a rocket under buys - mainly O deals
AT trades steady all day - not a single AT sell - volume only 21% of total.
Spread tightened 50% by close.

Something in the wind here and the weekend's just around the corner......

hogwatch
07/2/2024
17:24
par for the course again

4 times as many bought as sold and yet share price is negative

mikethebike4
07/2/2024
11:14
Good shout
lewis winthorpe
05/2/2024
11:48
steady buys versus sells again

I wonder why ?

mikethebike4
03/2/2024
09:25
I’m here. Looking for a possible entry but I believe we might drift back to the 24/25p levels in a week or so before the next leg up so I’m keeping my powder dry.
xongkudu
02/2/2024
14:29
anybody there ?
mikethebike4
02/2/2024
14:29
anybody there ?
mikethebike4
02/2/2024
12:34
Can anybody tell me what the bunch of buys/or sells, 139,000 and 140,000, (which went thru this morning) represents ?
mikethebike4
01/2/2024
09:32
The Lassonde Curve relates (merely theoretically - lots of other factrs can dent it) to the market cap. Not to the share price. Their charts are very different. Beware.
lurker5
01/2/2024
09:27
ProActive is always 'bullish'. Its a PR puffer, not an objective judge. Anyone following its excited puffs have themselves to blame for their losses. Seen hundreds of them.
lurker5
29/1/2024
13:59
Climbing back nicely, nice quiet thread, GLA
lawson27
Chat Pages: 2717  2716  2715  2714  2713  2712  2711  2710  2709  2708  2707  2706  Older

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