Pensana Share Discussion Threads

[odsjp] 17/2/2021 09:32

The below link is definitely worth a read and was posted on the RBW thread.

A good article but really doesn't see the ultimate value of Pensana when compared to the others in terms if size and end to end supply chain.



China, the figures on google finance could be end of month or end of week figures due to the timeframe but it might have reached A$28 at end of day or intraday.

[chinasyndrome] 17/2/2021 05:57

Odsjp: Yahoo finance show:

LYC 12 Apr 2011 26.24 26.63 25.05 3,612,509

Although I have seen other reports of a March peak of $28 and $32, could be down to Au/US exchange rate. Ozzy $ was fairly strong back then.

Also worth considering that LYC had around 1 billion shares out at that time ie five time the number that PRE currently have out. And inflation over the last ten years would account for a further doubling.

Au$26 x 5 x 2 = Au$260 = GBP £145 !!!!!

[odsjp] 16/2/2021 17:45

Great article below.

hxxps://mineralprices.com/the-rare-earth-age-is-back/

Extract below
During 2010 and into 2011, the price of obscure metals with strange names like terbium, dysprosium and europium went stratospheric, with some multiplying tenfold or more. That was a boon to producers outside of China (such as Australia based rare earth miner Lynas) that could capitalise on the surge in rare earth metal prices, and the belated realisation that perhaps we better diversify our sources of supply.

The price of rare earth metals slumped for much of the past decade as supply from outside of China ramped up (including the restart of the Mountain Pass facility in the US), and manufacturers of electronic equipment sought to reduce or substitute their use of the obscure metals.

The third quarter of 2015 marked the low point for many rare earth metal prices. The share price of Lynas Rare Earths bottomed out close to A$0.280 per share, down 99% since its peak in May 2011.

From the graph Lynas peaked around A$26 in 2011 and then went down to A$0.28. It is now sitting at A$5.

[odsjp] 16/2/2021 15:11

Business plan is due any day now. They said on 29/01 it is a few weeks away so would expect this week or next week. I expect (hope) that will drive the price significantly higher as it has some catching up to do with some other miners that seem to have had a boost due to the below article.

[wiseacre] 16/2/2021 14:46

Given the FT headline today on likely restriction of Chinese exports surprised Pensana has not motored further ahead. Will do.

[chinasyndrome] 16/2/2021 05:43

I thought that was you Quisling, why did you change your Tag ? You can add quoting out of context to your many failures which include your poor understanding of the English Language; Chairman Xi will cut your allowance if you don't improve.

If had read my reply to your often repeated question; and were actually capable of understanding cynicism you would realize that I was in fact stating that I thought that Pensana is so much better than MP ie it is beyond comparison.

MP is a basket case, you have admitted so yourself, and it looks like GGG will be joining them ! along with TMRC.

And Yes it is still possible for PRE to be in Production by December given a clean run with permitting and construction. The hard part, Design and specification should almost be complete by now.

For those who wonder what this is about:,

pommyryan
1 Posts.
12/02/21
21:24
Post #: 50947942
Share
How does this compare to MP materials? They have a $5.7B market cap. Has anyone read up on this company?

My Reply,

I was wondering how long it would take the Quisling or one of her Louthia to find us !

As if MP were a good example for Pensana shareholders to compare ourselves against LOL;
But OK if I must, US$5.7B = A$7.5Billion which is equivalent to A$36 per share for PRE.

Sure MP is already in production (sort of), but they have to sell their concentrates to China and are getting paid SFA because they contain a large percentage of La and Ce !. Last Quarter they had to get a subsidy from the American Tax Payers to cover their costs ! And they won't have their own refinery going till 2023 - 2024 ! By which time they will probably have run out of Ore, unless they mange to find some more at the bottom of that already mined out hole ! or start buying it in from Lynas, Texas/American RE or Canada ?

IMO There can be NO comparison between MP and PRE, Pensana is so far ahead of MP in true value, it is like comparing a three legged Donkey to a Thoroughbred ! Saying that we must never forget what the Yanks did to Phar Lap !

[yumyum] 15/2/2021 22:19

Brown Tongue said on another board ''As if MP were a good example for Pensana shareholders to compare ourselves against LOL '' - Paul Atherley, Pensana's Chairman did just that....so Brown Tongue is maybe not as licky as we thought. Mystery. Probably the liqueur knows better than the Chairman. Interested to hear more on that. It seems PRE will be processing/refining other people's production before we get up to speed with our own production (although Brown Tongue can build mines in a matter of months). Very odd. I have kept buying and own no other REE share.

[millwallfan] 15/2/2021 18:53

8% rise today but no news. Perhaps just a correction from being oversold from £1.20

[yumyum] 14/2/2021 23:05

hahaha.... hey Brown Tongue...er....maybe use spellchecker ?

[chinasyndrome] 13/2/2021 00:17

You are showing your true colors at last Quisling !
And robbie should turn of speech recognition...

[robbiekeane] 12/2/2021 13:41

woof woof!!!

[yumyum] 12/2/2021 11:39

I assume it was a white envelope until China licked it.

[robbiekeane] 12/2/2021 09:55

Expect a strong rebound soon as the "Business Plan" is expected in the next couple of weeks. Will be the catalyst for a strong rise s/t target £1.50.

[chinasyndrome] 12/2/2021 02:40

Robbie, your insinuation is offensive ! Do you have proof ?, if not it is possibly actionable !

[robbiekeane] 11/2/2021 11:04

brown envelopes gratefully accepted ;-)

[oapknob1] 10/2/2021 22:42

Saltend planning in the bag. Hull City council strongly support...

[chinasyndrome] 09/2/2021 23:31

Your English is slipping, :) who's your master ? Xi perhaps

[yumyum] 09/2/2021 22:19

Hey liqueur. BP massively overpaid. Simples.

[chinasyndrome] 09/2/2021 21:55

There you go again, It is not just negative spin it is downright and blatant undermining of anything to do with the UK developing its own Rare Earth Industries, What Country are you backing in the Green Revolution ? or are you simply a quisling for Big Oil ?

[yumyum] 09/2/2021 12:54

Pity the poor BP shareholders !

[chinasyndrome] 09/2/2021 05:06

Huge news for the UK green renewable sector spearheaded by Boris

Oil majors outbid green energy firms to build offshore UK windfarms
By WILLIAM MATHIS AND LAURA HURST on 2/8/2021

(Bloomberg) --Oil majors agreed to pay a hefty premium to develop the next generation of major British offshore wind farms after BP Plc and Total SE won contracts in an auction ahead of many of the utilities that have dominated the space until now.

The Crown Estate auctioned seabed rights that will allow about 8 gigawatts of new wind farms, enough to power more than 7 million homes. With oil majors taking a majority of the sites, it’s a sign that green energy companies are facing a new era of competition for some of the world’s biggest renewable energy projects.

The winning companies will pay about $1.2 billion per year in total for up to a decade to develop the wind farms. BP led the bidding with an offer about 80% higher than the average of its competitors in the auction for sites in the waters around England and Wales, an area it’s long familiar with through its oil operations.

“These huge upfront costs will put up barriers to entry for utilities and oil and gas companies without very deep pockets,” Barclays Plc analysts led by Dominic Nash said in a note.

Big Wind

It’s the first time in a decade the Crown Estate has offered seabed for new wind farms and the first time it’s done so with this kind of competitive auction. The industry has changed drastically in the meantime as the cost of construction and financing plummeted and competition for the projects has soared, most notably from traditional fossil-fuel producers.

Winning bids came from a consortium of BP and German utility EnBW Energie Baden-Wuerttemberg AG for a total capacity of 3 gigawatts, while a partnership of Total and Macquarie Group Ltd.’s Green Investment Group got 1.5 gigawatts and RWE AG’s renewables arm won 3 gigawatts. Cobra Instalaciones y Servicios SA and Flotation Energy Plc, a floating wind farm specialist, will jointly develop a 480-megawatt site.

Getting hold of the seabed rights is the crucial first step in building a wind farm, a process that can take years.

Renewable Power

The development rights will also be key for BP and Total to realize the oil companies’ goals to dramatically scale up their renewable power businesses.

hxxps://www.worldoil.com/news/2021/2/8/oil-majors-outbid-green-energy-firms-to-build-offshore-uk-windfarms?fbclid=IwAR2ylNdxWEffctzfsHvPWEpNc6rDWBPEwBn5tCbIOxbdbFDvDSRNVakz9EQ

[rvsy2] 08/2/2021 10:33

swanvesta

I agree with your comment which is why I only said it " would reflect discussions with potential lenders "

Although not explicitly stated by PA I expect the business plan will include both the mine and plant in Angola and the UK RE oxide production plant. If it was only for the Angolan facilities I consider the plan could have been prepared much earlier.