Rare Earth Pricing Shanghai and New York, page-653

Yes, we were on a roll until the Yanky mobs decided that they wanted a piece of Pensana and started their "Raid". Yes they have cost us 12 months. But they have failed to take the Company away from us LTI's and now with a major "Insto" behind us they will be having second thoughts; it would have cost them dearly to dump our SP from 210 down to 70p, money they can only recover by sitting on their shares until the SP goes back up. If they are smart (indications are they are not) they will wait until we get back well above the 200p mark, and return those shares that they borrowed to start the Dump !

Considering, that our new found Investor made their investment based on exactly the same information as was available in March, ie there have been no negative changes to the Projects fundamentals, and that much progress has been made in expanding the original scope, means that we are now building a substantially bigger and better operation.

Given that the price of RE's is exceeding even Roskill's 2020 projections, it can only mean that Pensana's eventual SP is certainly going to considerably higher than that which we were contemplating this time last year.