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$1.66 pensana plc

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114 Posts.

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23/03/21

22:47

Post #: 51988381
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Originally posted by ausheds: ↑

Certainly no fan of MP but you appear unaware that they sit on $1.7Bn of existing plant, mind you it has never produced on spec but that's one hell of a head start.

Regardless the REAL issue is who exactly are all these dreamboats going to sell too?

By far the greatest demand ~90% is inside China, ROW mag makers are only drawing 75% current ROW production or 50% of planned production ATM with no news of any additional capacity coming on stream any time soon.

Please don't crank out the "Mine to Magnet" nonsense, simply naïve.

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Are you lost.....? Would you like help finding your way back to the stone age?

PM8 Price at posting: $1.66 Sentiment: Buy Disclosure: Held
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