Pensana Share Discussion Threads

[swanvesta] 24/12/2020 12:37

Let's just calm down. Do you really mean to say sulphide, or is it actually sulphate? Obviously if they've found a non-thermal or less thermal process, that would be great news. I believe the sulphate separation process is well known, using selective thermal decomposition to separate the oxides - but that's complementary to sulphation as the concentration process.

[yumyum] 24/12/2020 11:46

has some valid comments on Rare Earths.

[yumyum] 24/12/2020 00:59

yes swanvesta, unknown territory...hence maybe some crazy share price volatility.
Obviously Pensana's BFS and (less so) subsequent fundraising are super important. I think the BOD are doing a reasonably good job (we will see when we get the BFS) but obviously they are not that super top notch, because they are having to constantly reanalyse the important processing.....on which they are unclear. Maybe they have a good, ok, or great route to market.....who knows ?! Both Lynas Rare Earths (renamed) and MP have allocated approx approx US$500m towards that.

[swanvesta] 24/12/2020 00:17

Cheers Yumyum. Seems to me the RE industry outside China is having to "grow up fast" at the moment. So a fair bit of uncertainty and change is to be expected.

[yumyum] 23/12/2020 23:38

Ozzy, you are getting increasingly dull.

swanvesta, thank you for that link. It looks like a very poor hatchet job.,,,but definitely a hatchet job. One would assume Chinese paid for that but actually not obvious in many of the comments. Some points are relevant maybe. BFS was due in Oct not Nov by the way (so rather an amateur hatchet job). True that the company is not sure how to process the Rare Earths and perfectly possible that their Chinese 85% financing is down the drain. We do not know. However the resource looks so good and the processing can be dealt with....it is an evolving engineering problem - no reason to think that Pensana cannot find a good solution beyond the smallscale, energy intensive, environmentally polluting systems of the Chinese.

[swanvesta] 23/12/2020 23:19

Some not entirely flattering comment from The Rare Earth Observer. What do people think of this blog?

[yumyum] 23/12/2020 08:32

Ozzy, you usually slag both off. I preferred the MP comparison because their capitalisation has been climbing so steeply. Makes Pensana look comparatively cheaper.
Lynas have 900m shares issued...and are capitalised then at A$3447m, £1944m, US$2604m

I agree we are in an environmental mess, but that is almost ALL about habitat destruction. I think CO2 is net beneficial and basically CO2 reduction is a giant scam. If only we were spending just 10% of the spending of CO2 reduction... on extra HABITAT preservation/improvement that would make a massive difference.

[mustafa15a] 22/12/2020 14:32

Gotta be back at 90+ before Christmas for sure!!!

[yumyum] 22/12/2020 12:37

Just be clear, Ozzy, MP is indeed ludicrously overpriced. As have have said on here more than once. I do think it relevant that a competitor who may produce similarish amounts of NdPr in a couple of years' time is valued by investors at US$6bn. There is a kindof readthough somehow with regards to Pensana's undervaluation.

[yumyum] 22/12/2020 10:28

Also on Kitco is a rare earths interview with John Kaiser, famous mining analyst. Pensana is not even mentioned, so far under the radar we still are. He said Torngat's Strange Lake deposit in Canada is the best in the world. I have written an email to commentator Cory Fleck (not actually Kitco as I said a few minutes ago) highlighting Pensana.

[yumyum] 22/12/2020 08:57

www.kitco.com/news/2020-12-19/The-fairest-rare-earth-element-of-them-all.html

Bullish neodymium, praseodymium article on Kitco.

[yumyum] 22/12/2020 08:49

Thank you so much for that education Ozzy. There was me having seen so very many share based takeovers but now Ozzy knows better.

[chinasyndrome] 21/12/2020 22:52

Ko Ko, Why do you continue to promote MP when you say you are a PRE holder ?

You mention MP three times to Pensana once ! On a day when Pensana's Coola announcement has probably added more Rare Earth's to its inventory than MP has remaining in the ground! There can now be little doubt that Pensana is well ahead of ALL of its competitors in its 'Resource base', and we still have 4-6 more Anomalies to test !

I suggest that you focus on the Real World and stop this fixation you have; The "Pump & Dump" operation currently being performed on MP has nothing to do with Pensana. Their share price is artificial and is certainly unsustainable given their current Resources.

Just to make things clear, Market Cap is not a measure of how much money a company has, only how much the shareholders THINK it may be worth. Ie MP certainly does not have $5 Billion in its kitty (or in recoverable Assets), so you can forget about them ever being able to mount a Take-over bid.

[yumyum] 21/12/2020 15:52

...ie MP up today (right now anyway) about Pensana's total market cap...on the back of no news !

[yumyum] 21/12/2020 15:48

MP managed to increase market cap by $200m today. Like I said...the higher MP goes the better for us Pensana shareholders.

[yumyum] 21/12/2020 15:20

Happy days indeed.

[chinasyndrome] 21/12/2020 06:00

The tide has turned, ASX closed up at $1.33 (75p) on strong Volume 800k+
And the price of NdPrO continues its climb on the Shanghai Metals Exchange.

Happy Days are here again..