PM8 0.00% $1.66 pensana plc

Beg to disagree, There is no way it could finance the Longonjo...

  1. 3,557 Posts.
    lightbulb Created with Sketch. 1872
    Beg to disagree, There is no way it could finance the Longonjo Capex ! Miyabi won't even be in production till 2022 at which time Longonjo will already be built and operating ~ besides which Longonjo is already basically financed.

    Tanzania has just screwed Barrick into a free carried 50/50 profit sharing deal. The Government/President is now holding out on issuing PEK with a Mining Licence ie they want a bigger cut !.

    As I mentioned earlier, If we want a Gold mine, there is one just over the hill, no need to make life harder than it already is.
 
watchlist Created with Sketch. Add PM8 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.