26 days ago
With its operations at Longonjo effectively shuttered as it faces a funding black hole after offshore financier Cascade failed to deliver a $150 million investment into its subsidiary, Pensana (PRE) faces not only financing challenges but also a credibility issue. Chairman Paul Atherley urgently needs to answer two questions to reclaim some credibility.
28 days ago
On a day of triumphs, the latest attacks on my wife really are disgusting and do make me think twice. Having considered that I look at Pensana (PRE) after today’s shocker which, again, vindicates my work. I then look at Avacta (AVCT) and Mothercare (MTC) and I have a weekend treat lined up for you.
28 days ago
I am sure that Paul Athlerley of Pensana (PRE) will again accuse me of clickbait journalism or of already being pissed at 8 AM and Tim from North London will blame it all on Brexit but let’s start with the sheikh and a lie that was served up earlier.
70 days ago
Your enemy's enemy and all that. In today's podcast I discuss 80 Mile (80M), the lesser crested Arctic Newt, Pensana (PRE), Defence Holdings (ALRT), Golden Prospect (GPM), Union Jack Oil (UJO) and London Bitcoin Company (BTC)
70 days ago
No doubt the prig Paul Atherley thinks I am seeking clickbait in point out that his company now admits that an RNS it issued in June was a total Porky! For today we must now ask ourselves if pious Paul has got himself mixed up with a Fake Sheikh
75 days ago
No doubt Paul Atherley the chairman of Pensana (PRE) will accuse me of being drunk or seeking clickbait in reporting the contents of a letter confirming that the allegations are being looked into. Atherley is not a man who enjoys scrutiny. He’d rather lash out than answer fair questions. The enquiries centre on an RNS issued on 10 August.
77 days ago
The car failed outright on Friday and is being scrapped. But mine today suggests a lot of remedial work needed. So as soon as this is live it is off to the garden I go for hard labour. After that I discuss Pensana (PRE), Bluebird (BMV), Anglesey Mining (AYM) and , in detail , all the red flags about the Ashington Innovation (ASHI) RTO announced today.
77 days ago
On June 8 Pensana (PRE) gave us an update on its rare earths project in Africa Longonjo stating:
95 days ago
I start with the victory dances. ADM Energy (ADME) has had it all, a Tory Lord,dfisgraced broker Any Frangos, a fake sheikh and 2 disgraced CEOs who had to be resigned with exposes on this website hastening the downfall. It has sent c£70 million to money heaven and now has a bit of bother with the tax man. Meanwhile Celadon (CLN) has spaffed £165 million and now, I can reveal, is going into administration. I called both out. That, dozy paul where is your Pensana (PRE) TR1, is good, no ffing great journalism. Then it is onto Avacta (AVCT) where I disagree with a young reader who wishes to bet the ranch and explain why, citing Jim Mellon.
96 days ago
Good journalism and less good journalism. I start with the bad, Optibiotix (OPTI).
97 days ago
I have written to my contact at the FCA as it should be forcing Pensana (PRE) and its mysterious offshore investor into making a statement
99 days ago
I discuss abusive weekend email exchanges with the boss of Pensana (PRE). I am running low on bet the ranch entries please keep sending them in.
100 days ago
Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDING IN ENTRIES. Fifteenth up is Guardian reading elitist Tim
385 days ago
Alkemy Capital Investments (ALK) has so far given investors a roller coaster ride in its plan to develop Europe’s first lithium processing plant on Teeside but this week it has added muscle to its $350 million project.
1266 days ago
I end with my wife volunteering me and the kids for enforced community jollity as she heads off for a night on the lash. It is a good job I am such a progressive husband. I start with a personal finance tale and mortgages then look at how the FCA could be culling a raft of Standard List dogs at a stroke within months. Then I look at Supply@ME Capital (SYME), Argo Blockchain (ARB), Pensana (PRE) and, in detail, at Bidstack (BIDS).
1268 days ago
In today’s Bearcast I look at Kefi Gold & Copper (KEFI) on what is a great day for we loyal shareholders, Wildcat Petroleum (WCAT), Graft Polymer (GPL) – should that be Grift Polymer – and MGC Pharmaceuticals (MXC). Then it is onto Versarien (VRS) and the Neill Ricketts payoff and bailout placing and Pensana (PRE) which must by now be at death’s door: a £55 million market cap looks full in the circumstances and a statement is needed. Finally, that old scallywag Lenigas of Pennpetro (PPP) has doubled down after my earlier expose. He would not dare behave like this in America.
1295 days ago
I start with a slam dunk political bet in the wake of Donald Trump’s looming arrest – a clean sweep for the Republicans in 2024, as I explained a couple of weeks ago HERE. Then onto why house prices falling at the fastest rate for 14 years ( a misleading headline) are to be welcomed but not if you are long Purplebricks (PURP) or the housebuilders. Not that I’d necessarily go short either. Today’s ouzo is sponsored by Asimilar (ASLR). I also cover Genedrive (GDR) and the placing it will not ‘fess to although it is clearly underway. Then I look at Pensana (PRE) where yakking on about climate change and hiring stacks of lesbians from Islington seems not to have prevented a bit of a looming cash crisis. How, I wonder, do folks in London N1 describe a fat lady in a woke way? Hey Magna Carta, guess what I forgot to mention today? HERE is a clue
1960 days ago
I start with the 4 week delay to what is laughably called Freedom Day here in Airstrip One. It makes me so angry as there is no justification for it. Next up more woke nonsense from Pensana (PRE), before a look at Colin Bird’s quartet of mining juniors and asking if it is worth the risk? Finally Tavistock Investments (TAVI) – too good to be true?
2075 days ago
Pensana (PRE) – now to be listed solely in London after giving notice to de-list in Australia - is progressing towards establishing the world’s first fully sustainable mine to magnet metal supply chain – materials for emerging industries including electric vehicles and wind turbines. The shares reached 120p early this year, since when the company has announced further progress towards its mine-to-magnet metal goal, but the shares are now lower. So what to do?
2198 days ago
Queens Colleage Oxford has enccouraged students to snitch on their peers and my daughter, now under house arrest, has fallen victim. What a mad and dark world we live in. After discussing this I look at all the mining stocks I own and one I sold, reviewing where we are now and where the real excitement lies at: Kefi (KEFI), Bluebird Merchant Ventures (BMV), Centamin (CEY), AEX Gold (AEXG), Ariana (AAU), Asiamet (ARS), Jubilee Metals (JLP), Pensana (PRE) and Red Rock Resources (RRR).
