Pensana Share Discussion Threads

[yumyum] 24/11/2020 23:58

Hahaha.

MP - yes Chinasyndrome knows so much better than SGS and there is nothing there but a hole in the ground. Also they produce nothing apparently. Right Chinasyndrome ?

Hole in the ground...more than Pensana have now I come to think of it.

Lynas...yes that is why they are cashed up. Genius.

Just for the record I am a buyer of Pensana shares.

[chinasyndrome] 24/11/2020 23:47

Mountain Pass is "Rocketing" because Fortress and the US Government have injected a huge amount of cash into their Kitty, Which they are spending at a rapid rate on the mine doing a push back to open up the bottom of the Pit so that they can access the remaining dribble of Ore; and building a Process plant so they can stop sending everything to "Chi na"

Lynas are partly cashed up to pay for the Kalgoorlie Plant which they are already beginning to have second thoughts about

Trolls !

[yumyum] 24/11/2020 23:12

...and Lynas...that other busted flush useless company (also a producer and also with a lot of money in the bank)....going great guns too !

[yumyum] 24/11/2020 23:09

Just a hole in the ground Mountain Pass shares are rocketing Chinasyndrome. Back to the drawing board eh ?

[yumyum] 24/11/2020 22:58

...or even had a BFS with some kind of timeline.....and the money raised aleady after the October(not) BFS.

[yumyum] 24/11/2020 22:56

If only we were producing....

[herlat1] 24/11/2020 21:09

Neodymium oxide price in Shanghai going nuts!Pushed through $60k now approaching $70,000 per tonne !!!

[chinasyndrome] 24/11/2020 05:52

Yumyum, you are the one with a Foul mouth, I just call you for what you are, A Troll !

[chinasyndrome] 24/11/2020 00:59

New York, price per Kilo last night

Neodymium Oxide 66.20 82.70 2.50 3.92%
Praseodymium Oxide 58.30 72.85 4.30 7.96%

Consider the Leverage, if Gold did this it would be main stream news !

[yumyum] 24/11/2020 00:09

Chinasyndrome failed to answer my last questions. Coward I guess.

[yumyum] 23/11/2020 23:44

3 weeks ago the price in China (that is THE price) for 99% praseodymium-neodymium oxide was around 340,000 y/t (US$50,800), FOB for export similar. Slightly going up.
....for that same METAL nearer US$63/kg.

[yumyum] 23/11/2020 23:34

meantime I will try and post positive or negative Pensana comments, or industry market information that might be useful. Look forward to the same.

[herlat1] 23/11/2020 23:32

So if you are not an MP shareholder why are you here?

You do appear to be very knowledgeable about them and very well informed about their major Chinese shareholder and the recent legislative changes in China and how these may impact RE prices?

Not exactly general market knowledge you would have to agree?

[yumyum] 23/11/2020 23:26

Did you see MP's share price today btw ? Knocking MP does your credibility no good at all.

[yumyum] 23/11/2020 23:21

...and gosh...you shop in Waitrose. Super impressed.

[herlat1] 23/11/2020 23:11

Goodness YUMYUM not sure why you are so upset!

Well done to you guys for such a good quarterly and a seriously impressive rating of 50X EBITDA.

I do promise the next time I am in Waitrose I will mention it at the self checkout we have over here(!).

[herlat1] 23/11/2020 21:27

YUMYUM you must be very pleased with MP's first results since listing. Big uplift in revenue per tonne of concentrate exported to China. Impressive. RE prices looking up. $11m EBITDA for the quarter. With $2 billion market capitalisation that's over 50X EBITDA!Will be interesting to see what PRE's projected earnings look like in comparison.

[herlat1] 23/11/2020 12:32

YUMYUM with respect you are like a broken record about this financing. Why do you keep bringing it up?

[yumyum] 23/11/2020 12:18

Re MP I was asking Chinasyndrome (to retract his accusation that I deliberately lied on more than one occasion), not you herlat1.

[yumyum] 23/11/2020 12:16

I agree with you herlat1. I am only invested in PRE and intend to buy more, but I hesitate to buy this side of a financing. If I felt financing would be small then I would buy again now, but I am thinking that the cost of building a mine, a processing plant and a refinery might mean a large financing. I think they can raise that money without too much difficulty but I am not sure what will spark up the share price meantime.'Meantime' meaning prior to the financing or more likely prior to BFS in Jan (hopefully). Maybe they will do two financings ? One prior to the BFS and one after the BFS. If that was the case then I would like to take part in at least the first financing.

[herlat1] 23/11/2020 11:59

YUMYUM in answer to your question MP is producing a concentrate and getting paid very little for it. Which is why like Lynas they are building a large processing facility which will come online sometime over the next few years. Will be interesting to compare the Capital cost Lynas v MP v PRE.Lynas market cap $2.5 billion MP $2 billion PRE $150 million!

[swanvesta] 23/11/2020 10:50

OK, I have no idea how much the refinery will cost, or how it would be funded. Wouldn't it be a part-owned spin-off? I do imagine some nice govt incentives, via the "Saudi Arabia of wind" project.