Share price - General Discussion, page-2971

Try reading the mainstream news occasionally, China currently has a monopoly on REE's and have stated on a number of occasions their preparedness to use that as a leaver/(weapon) against the West, Then look at what is happening to the "Quoted" prices from Shanghai, dropping every day despite a declared shortage of raw feed stock ? Destroying your competitors business case by dropping your own prices (for a while) is one of the oldest market manipulation tricks in the book.

Of course China wants all the RE they can get, which is why PM8 was well in "Favor" [Off-take, loans, construction] while they were prepared to deliver all of Longonjo's product to China at bargain basement prices. However-

Pensana's decision to enter into the upstream processing and directly supply the West's consumption is a major threat to their Monopoly,

While I agree that this erosion of SP is undoubtedly partly due to some nervous Investors bailing out. It is also obvious that they are being driven by somebody actively manipulating 'Sentiment',

Go back and read that initial Dump by REO (3 weeks back), in hindsight that was clearly Pre-emptive, then look at all their recent articles on Western aligned RE Projects ~ not exactly supportive are they !

That the West (Boris & Co) are talking about a concerted effort to become self sufficient in RE supply, indicates to me that the UK Government is taking this threat very seriously indeed.