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Pensana Metals' Paul Atherley discusses its 'low capex, fast payback' Longonjo rare earths project

Pensana Metals Ltd's (ASX:PM8) Paul Atherley speaks to Proactive London's Andrew Scott following the release of a preliminary feasibility study on its Longonjo neodymium and praseodymium (NdPr) project in Angola.

The study supports a sustainable operation with initial capital costs of approximately US$131mln and strong cashflows from the first year of production.

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Price: 0.18 AUD

ASX:PM8
Market: ASX
Market Cap: $27.54 m
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Pensana Metals announces substantial resource expansion and welcomes new CEO

Pensana Metals Ltd's (ASX:PM8) Paul Atherley speaks to Proactive London's Andrew Scott following the company's quarterly update to the end of March 2019. The company's recently announced they've increased the mineral resource estimate more than seven-fold for the Longonjo...

on 30/4/19

2 min read