Pensana Share Discussion Threads

[diversification] 12/10/2020 09:12

Some big deposits on the Coola Block to help boast the reserves, and the Longonjo block is deeper than the current resource update allows for.

Mixed reports on total requirements for Rare earth materials.

[the chairman elect] 12/10/2020 09:10

Who owns the Ditau project in Botswana?

[thelung] 12/10/2020 09:08

Ditau project in Botswana

[cyberbub] 12/10/2020 09:07

This all sounds extremely positive for shareholders!

My only concern (at a more macro level) is that, as per the RNS, the whole of Longonjo is only able to supply enough magnets to 'green' 5% of the UK's electricity supply??! Is that really 'world class' - where will the rest of the REE magnets to green the remaining 30-odd% of the UK's fossil-fuelled electricity supply come from?? Never mind the rest of the world's magnets??

[1jbrisky] 12/10/2020 07:55

That is a beautiful RNS. Share price supported by 14% overnight gain on ASX. Busy week coming.

[chinasyndrome] 12/10/2020 02:28

It only happens once or twice in a lifetime, but Pensana has the capability to emulate the market domination achieved by the likes of : Ford, ICI, IBM and Microsoft. We are not there yet but all the pieces are beginning to line up.

One or more World Class/leader Deposits,
Stable and supportive Jurisdictions
Demand projections going ballistic
A Two-three year lead on major competitors
Talented Management Team with : Vision, commitment and ability to pull this off.

Only three months ago I was predicting a £1 by Christmas, again I am going to have to eat my words. scared to say it but £3 ????

Vertical Integration from 'Mine to Magnet' will quadruple the In ground value of Longonjo at the very least !!!

[diversification] 11/10/2020 22:47

It is clear to see that the word is awash of cash, cash that is focused on the renewable sector.

For the UK to become the Saudi Arabia of Wind, given the favorable conditions offshore for electrical/wind generation. Well a UK processing facility would be a massive win for the current government, with financing of relative ease for such an important strategic asset.

Institutions would flock to this company as an ethical, green revolution type play that supports Wind and EV.

I am expecting this to gain traction with the UK press, I honestly believe that this company has the potential to become a FTSE 100 company. The further down the chain they go, the more value they create in what would be a very profitable venture, both upstream and downstream.

[chinasyndrome] 10/10/2020 04:58

Hi Wantage, I think you will find that was 100p not Pounds ?

[wantage] 09/10/2020 20:07

I believe there was a buy note put out by SI Capital stockbrokers in Guildford today
with a target price of £100 in short order.
Please can someone post relevant bits who has seen it.

[diversification] 09/10/2020 19:44

Joe Biden's green revolution would be a massive boast for rare earth producershttps://www.google.co.uk/amp/s/www.telegraph.co.uk/business/2020/10/09/forget-wind-turbines-rare-earth-metals-hold-key-joe-bidens/amp/

[mirabeau] 09/10/2020 19:25

Bought a few in Summer around 28p and took a small profit at 30p, doh!

[cyberbub] 09/10/2020 16:06

We appear to be substantially above the last ASX price, on twice their last volume. Is the LSE starting to take the lead for now?

[cyberbub] 09/10/2020 16:04

Buying all afternoon at 80p. There must be a delayed sell to come through. I think we just need a decent sized buy at 82p and the run to 100p could be on??GLA NAI

[cyberbub] 09/10/2020 13:45

80p being paid.

[ukgeorge] 09/10/2020 10:05

Well that would do me just fine :)

There is certainly a lot of headwind behind the rare earth market at the moment, following the US announcements and improving EV and off shore wind farm outlook.

Exciting times. I've got some lynas and am kicking myself for not loading up on those back in March. There seems to be so many opportunities out there at the moment :)

[diversification] 09/10/2020 09:41

UkG, no that’s good. Yesterday everything in the afternoon was going to NT as they had no stock. It’s been happening again since with PLHC subject to a large unreported trade imo. Yesterday they had x2 100k trades which imo according to the time and price looked like a buy. That would also explain the lack of stock and rising price/breakout. It looks like we have institutional interest in the market helping with the rise.

Has a long way to go yet imo. Iv been doing some research on various companies prior to and after BFS and all tend to rise significantly going into the report and depending on dilution and lead time to construction after the event tend to continue rising.

Very confident of this going to 116p in short term and first target is 85p which could even happen today imo.

As a ‘main market’ listed stock targeting ethical investment from institutions this is going to keep on running imo. My 12/18 month target is £4/5.

[ukgeorge] 09/10/2020 09:23

I'm lazy and just bought at the price that was offered.

[diversification] 09/10/2020 08:38

This one has a lot of momentum I agree.

Was it easy to purchase the stock or did it go to NT?

[ukgeorge] 09/10/2020 08:36

I just joined this rocket ship 5215 @ 74.82p

Was sick of watching it go up so quickly.

Sold some sav (a massively underperforming lithium play).

[chinasyndrome] 09/10/2020 02:36

It just goes to prove the saying "You can fool some of the people all of the time" I would have thought by now that anybody who was considering entering the Rare Earth Investment market would do at least Basic due diligence prior to buying in ! But no, there are still people out there that think Mountain Pass is going to extract America from China's dominance.

Seriously, The first thing any prospective Mine needs is an "Ore Reserve" capable of sustaining production long enough to repay the Investment. Six months is not enough !

Secondly, To be Profitable, a Mine needs to be able to generate enough revenue to cover ALL of its operating costs, that includes Rehabilitation and Finance of CAPEX cost, US$1.5B ! for a hole in the ground ? as I said Fools.

[diversification] 08/10/2020 19:19

Is anyone aware of the Chinese having an option on the Rare earth material on the Coola block?

As governments and companies alike look to secure strategic minerals, the Coola block is potentially open to new negotiations/deals?

[diversification] 08/10/2020 18:41

Next targets, 85 then 116p

[1jbrisky] 08/10/2020 18:00

76p paid at close. News tonight/tomorrow?

[1jbrisky] 08/10/2020 18:00

76p paid at close. News tonight/tomorrow?