There has got to be an external reason behind this ! David has 500,000 options that mature on the 14th Nov at an average price of 50c (
5M@5c). I can not believe that Management would be deliberately holding back the PFS to deprive one of the driving forces behind Longonjo his due reward.
That said, assuming the PFS has been finalised (or management would have informed us by now), then somebody further up the lodgement chain is holding the publication back and by deduction it could only be our Brokers or the ASX.
I may be paranoid but I am not naïve and I am beginning to smell a Rat; I have seen corrupt public servants deliberately hinder Company Projects too many times to now not suspect interference when timetables collapse. And the list of influential people who would have a vested interest in Pensana failing must be growing rapidly.
Remember once Longonjo is in full production, most of the small REE mines will become uneconomic and even the likes of Lynas will feel a hit from the collapse of HREE prices. Then you have the whole Trump/Morrison agenda of stymieing China's dominance and lets not to forget the Oil Industry which has a documented past of trying to stop the EV revolution. Yep, there are plenty of potential enemies out there with good reasons and the power to interfere.
If so, then the sooner we change Brokers and move to London the better,