Pensana Share Discussion Threads

[mumble1311] 16/10/2023 12:23

DP that is a complete lie, I have had some issues with your previous statements. But this is one of your worst. Pensana were nominated by HM Government to the MSP, not rejected. And that was confirmed to me again yesterday!!!! Just what is your angle....?

[dumbpunter] 16/10/2023 10:22

So.. the minister apologised for rejecting Pensana from the MSP.

[mikethebike4] 20/9/2023 09:15

better than nothing I suppose

- at least it keeps Pensana's name in the limelight whenever rare earths and rare earths with low carbon are mentioned

[mikethebike4] 16/9/2023 13:01

Looking good to me !

- more of the same please Mr. Atherley

- or whoever you are (I'm not fussy)

[dumbpunter] 15/9/2023 16:29

No mine, no processing plant, no funding, no fing chance.
100% right.

[mhssh] 15/9/2023 12:06

Nothing would make me happier than to be proved wrong.

[wiseacre] 15/9/2023 11:38

The naysayers seem to be taking a beating

[dumbpunter] 13/9/2023 11:40

When the plan was tp build a processing plant in the UK with government funding to extract the extra 60% of payability. And there wasn't half a dozen ionic clay and phosphogypsum processing sites coming online at 2/3 the capex/opex.

[wiseacre] 11/9/2023 12:08

The shares topped 200p four years ago when prospects were just a mote in the eye. Every reason to believe they will get back there with the backing of both M&G and Angolan Sovereign Wealth Fund and the reality of the mine's funding. In short order.

[mhssh] 11/9/2023 11:52

Plus his recent purchases of circa 1m at circa 20p. But I remain perplexed as to why he does that, with 13.5m in his bottom drawer. If the whole thing goes pear-shaped he loses even more, if it comes good, say £3, he makes £50m (no need for another million, surely). After all that has happened I doubt anyone would be influenced to buy because PA was buying. Certainly not me.

[mumble1311] 11/9/2023 11:39

correction, it was 666,667 shares at £1.20, at a value of £800,000

[mhssh] 11/9/2023 10:54

I think I posted this before, so I may be repeating myself. What perplexes me is that PA had 13.5m shares (I guess granted free at the start of the project, or at 1 or 2p).
He then presides over almost the demise of the company (14p recently) yet then buys another 1m shares for himself at an average circa 20p. If he has share price-sensitive information which is not in the public domain, then he should not be buying shares, and if he does not then why put in another £200k of your own cash to a project that has been on the ropes for most of its existence?

[mumble1311] 11/9/2023 10:31

20p on the 25th August, hit, 35p this morning (75% if you had the prescience to buy then), which is a good result in anyone book.

[wiseacre] 11/9/2023 10:16

it is up over 30% in the last month.

[dumbpunter] 10/9/2023 08:12

What does a 80% share price fall say?

[wiseacre] 08/9/2023 12:56

price action talks

[h1tch0] 08/9/2023 11:13

Where do you get that information?

[wiseacre] 07/9/2023 14:58

Must be getting close to the funding of the mine development. Hence today's rise. Believe the placing price agreed by the bank is more than double the current share price. Suggest you fill your boots!

[maccamcd] 07/9/2023 14:29

What rumours are you referring to about selling? There's no RBW selling rumours that I've heard..Do you make stuff up?

[mumble1311] 07/9/2023 13:32

apparently producing a carbonate allows for Cerium to be dropped out of the product at the front end of the process. Now the carbonate will be processed at Longonjo rather than Saltend. but it is a single step.

this probably explains it better. hxxps://www.researchgate.net/publication/334387142_Selective_cerium_removal_by_thermal_treatment_of_mixed_rare_earth_oxalates_or_carbonates_obtained_from_non-purified_rare_earth_sulphate_liquor

[dumbpunter] 07/9/2023 12:54

Mumbles
Thanks for that response.
Do you know why they were producing a sulphate ratger than an carbonate?
Another question how do you convert a carbonate to sulphate or vice vers, a single step seems a difficult.

[mikethebike4] 07/9/2023 10:37

Mr. Atherley slowly building up his stake without getting everybody too excited ?