PM8 0.00% $1.66 pensana plc

Share price - General Discussion, page-1218

  1. 213 Posts.
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    I can remember when the first announcement came through that the Angolan Sovereign Wealth Fund was throwing its weight behind us back in Feb/March it was a massive tick of approval for Pensana!! I think from memory this was reflected in the SP jumping from 19/20 up to 33c in a day. What turned out to be more crucial in hindsight was the working capital and buffer it gave Pensana when covid hit 2 weeks later enabling them to continue developing the project.

    So we are now seeing a 3rd installment of cash from our host country who appear to be throwing full weight behind Pensana mobilizing works to start creating this mine in 90 odd days... crazy when you think about how far it has come in such a short space of time!

    Well done to management, they have had a clear strategy that has paid dividends and have developed great relationships with key stakeholders that will bare success for Longonjo, long term investors, new investors and those that will join us shortly.

    It continues to be a great journey to be on!
    GLTAH and have a great week!
 
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