Pensana isnt a comparable.
it's in Africa and if it was any good the Chinese will get their claws into it like Peak.
Hastings has offtakes in place for 80% of production, has started early stage construction already and has significant funding already done.
Pensanas UK downstream plan is nothing more than a tale to keep the punters excited. It'll never happen...there's a lot of hidden cappex and opex not being disclosed
Ann: Investor Presentation July 2022, page-11
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