PM8 0.00% $1.66 pensana plc

First impression:Another brilliant set of results, I especially...

  1. 3,689 Posts.
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    First impression:
    Another brilliant set of results, I especially like deeper holes which will blow the Global Resource numbers to Kingdom come.

    I will crunch the numbers today,

    The revised MRE will still take a while as it will requires a complete rework/build of the Resource model using ALL drill results, I assume that they will also want to feed in the latest financial data ie plant recoveries and NdPr prices to determine the actual cut-off grades etc. A fairly complex task even with sophisticated computer programs. After which then the whole Model has to be verified by a third party before ASX can allow publication.

    Nice bit of action in Europe overnight, another raid on the AX by Brokers seeking to make 20% on the differential is to be expected today.
 
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