PM8 0.00% $1.66 pensana plc

OK so looking at the qrtly 31 Jan 2019 I can see the comment of...

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    OK so looking at the qrtly 31 Jan 2019 I can see the comment of the Wood study. But some of the numbers look a little strange

    a 95,000 tonne NdPr concentrate output seems like a typo to me, or a little misleading?

    I assume here that they are saying it is 95,000t @ TREO 20% (previous figures) and of this c.20-22% if NdPr.
    [otherwise 95,000t / 20-22% NdPr] is 450kt of REMC. and that volume isn't possible to sell.

    Even 95,000t seems massively high.

    Lynas produce around 15-20ktpa of REO. So if we assume this is c.98-99% purity as an oxide
    Then 95kt at 20% TREO is about that output of TREO and i have my doubts about the size of that figure.

    Has anyone seen any information release about the uranium/thorium content of the ore as this would be the next risk that needs ticking of (would the REMC trigger any class 7 restrictions when exported/shipped)

    This company looks cheap but there are some key metrics that still need answering i reckon

 
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