PM8 0.00% $1.66 pensana plc

Share price - General Discussion, page-3051

  1. 3,673 Posts.
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    Perhaps that is because I possibly know a hell of a lot more about the subject that you do !
    Clearly, you do not "Do any of Your Own Research" into the Companies that you invest in, little wonder you are down on some !.

    FYI IXR is operating in Uganda (East Africa); While PRE is operating in Angola (West Africa) and England (Southern UK).
    They are not "Both the same country" and certainly do not have any similarities other than that they are both Rare Earth Projects.

    Share Prices go Up or Down for a myriad of reasons, often a combination of several. Nearly all REE companies went up and then down on the recent fluctuations in RE Prices out of Shanghai; American RE companies went up then down on Hype from a Financier/Dumbo, Greenland collapsed when the "Green" party managed to become elected, Australian companies are languishing because ScoMo is a Hydrocarbon Luddite. And yes the dearth of 'News' from our own BOD is not helping; but DYOR and you will see that our SP collapse is being driven by strategic sales on the LSE.

    By the By, I#R is down because figures in that latest "Announcement" from their Management, currently suggest that the Project is 'Financially Marginal'; I personally would not touch it with a barge pole until they can show that they will at least also be able to cover the costs of ESG.


 
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