Pensana to go from 88p to 500p within 12 months
Three weeks ago I suggested on this website that “it might be cute to take advantage of the hiatus at Pensana Rare Earths” (PRE) which had seen the share price nearly halve on lack of news for a promised investment of $165 million from a Guernsey registered outfit called Cascade Investments. No news can be good news and last week Pensana told us that the delay was down to the promise of increased involvement by the State of Qatar and that the promised funds are nigh.
