Pensana Share Discussion Threads

[mikethebike4] 02/2/2024 12:34

Can anybody tell me what the bunch of buys/or sells, 139,000 and 140,000, (which went thru this morning) represents ?

[lurker5] 01/2/2024 09:32

The Lassonde Curve relates (merely theoretically - lots of other factrs can dent it) to the market cap. Not to the share price. Their charts are very different. Beware.

[lurker5] 01/2/2024 09:27

ProActive is always 'bullish'. Its a PR puffer, not an objective judge. Anyone following its excited puffs have themselves to blame for their losses. Seen hundreds of them.

[lawson27] 29/1/2024 13:59

Climbing back nicely, nice quiet thread, GLA

[mhssh] 25/1/2024 18:23

Indeed, if nothing else he is consistent! Almost that the money would already be in the bank if the security van carrying the cash, had not been held up at a traffic light. Maybe he will have the last laugh, I certainly hope he does.

[mwj1959] 25/1/2024 17:32

PA bullish as ever!

[mhssh] 25/1/2024 17:14

mwj thanks, although my interest is purely academic. Your sale seems most timely and opportune. I guess everyone has seen the Research Tree post on PRE.

[mwj1959] 25/1/2024 13:32

Longonjo certainly appears further along the curve than either TVL or Saltend.

[lewis winthorpe] 25/1/2024 12:31

Lassonde curve in play, lower to go. ALK that is. This, if finance lands should be on the up on the curve through construction and production.In a perfect world.

[mwj1959] 25/1/2024 12:03

mhssh - not sure that title is warranted! I (fortunately) sold out of most of my holding north of £2, so have limited skin in the game now. PA won't have abandoned this (they've just delivered a corporate update)as he is likely to have far more upside here, given his very large holding (38%), than he will have in PRE, albeit PRE (at least the Longonjo part of it) is a more advanced project than ALK. A dilutive share placing at £1, weak lithium prices and the lack of definitive news on raising the significant capital to develop TVL have all weighed on the ALK share price in the meantime. It's stating the obvious, but delivering on the latter, as with all development projects (the same applies to PRE), will be key to generating a recovery in the share price from here. This is why I continue to see an investment in ALK (and PRE to be honest) as long-dated option money. Both are for the brave and patient.

[mhssh] 24/1/2024 17:23

A question for mwj the man who knows all things ALK (for clarity not ALC!), while not a holder I notice it is getting close to its all time low of 72. Do you think PA has abandoned it as he sees Longjono as a better bet, or is there something more sinister going on.

[lawson27] 24/1/2024 12:03

Bouncing nicely :-)

[lawson27] 22/1/2024 11:29

Joined you for a few @22, hopeful of a recovery here, GLA

[mikethebike4] 16/1/2024 14:37

How about some news on serious financing PA?

[mikethebike4] 16/1/2024 14:36

How about some news on serious financing PA?

[mikethebike4] 08/1/2024 12:45

not much selling going on !

[mikethebike4] 05/1/2024 11:02

well put mw

[mwj1959] 03/1/2024 18:09

I have a lot more confidence on the delivery of Longonjo that I do for Saltend (that's not to say that it won't be delivered, more a reflection on the greater financing challenges etc.). And I suspect PA and his merry gang think so too given his AGM presentation was much more focused on Longonjo (compare and contrast with the 22 AGM presentation where Saltend was the main focus). The Angolan government has a vested interest in it happening and at the end of the day it is a relatively "straightforward" mining project with an underlying commodity where there is clear LT demand. This demand is not dependent on Saltend being delivered (it will be producing before Saltend is operational), albeit from a PRE shareholder perspective it would clearly be beneficial if both were delivered, particularly as Saltend is forecast to be a much higher margin business.

[mikethebike4] 03/1/2024 09:43

all seems good - fingers crossed for the finance requirement

[dave2608] 21/12/2023 15:54

I wish I hadn't of started spouting off about this share if this is the effect it has on it's trading activity. I've put the mockers on it.

[dave2608] 21/12/2023 14:19

Another way of looking at it. $80 million dollars at the current exchange rate equals £63,325,600. This bought at 66p equals 95,947,878 new shares to be issued. if they were issued at 25p it would mean 253,302,400 new shares. So a hell of a lot less dilution.

[dave2608] 21/12/2023 13:53

Regarding the two funds wanting in at 66p to the combined tune of $80 million. The share price will have to rise 164% from 25p for them to just break even. From this we can deduce that they are either morons, inept or can see the share price rising to 66p and beyond otherwise they wouldn't be investing. You'd think they will have done all their analysis and number crunching.

[mikethebike4] 21/12/2023 10:21

Thanks, much appreciated Dave - looks like it is coming together slowly

[mhssh] 20/12/2023 23:19

Onward and upward!!