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$1.66 pensana plc

By far and away the most underperforming stock I have . That is...

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Dodge12

2,192 Posts.

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17/09/21

21:10

Post #: 56163960
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Originally posted by ausheds: ↑

Yeah, what's missing is the full economic assessment, even if all that is pulled together there is absolutely NO data to suggest Pensana either has an economic resource or than can process REO economically, let alone all their absolute BS re metals > NdFeB.

You seem to think this is all a dead easy business, it isn't, and the Chinese are intent on ensuring no ROW companies can maintain a sustainable business, let alone fanciful dreamboats.

With over 30 years experience even the Japanese mag makers look to be in some difficulty, I truly hope not but witness Hitachi and go look at the financials TDK, Daido & Shin Etsu vs some of the bigger Chinese, who unilaterally have announced expansion of high end mags well beyond Japan's total production! Presuming you understand the importance of scale right thru RE industry?

Carnival barkers at Pensana promoting this as a cakewalk, it ain't, and highly unlikely they are anywhere near up to it.

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By far and away the most underperforming stock I have . That is a very polite assessment.

PM8 Price at posting: $1.66 Sentiment: Sell Disclosure: Held
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0 Great analysis

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