viewPensana Metals Ltd

Pensana CEO highlights project's proximity to key infrastructure as PFS work advances

Proactive London sits down with the chief executive of Pensana Metals Ltd (ASX:PM8) Tim George.

George has more than 30 years’ experience in the mining and engineering industry and has spent over a decade in production management roles at various Anglo American plc (LON:AAL) operations in Africa.

Discussing the firm's Neodymium-Praseodymium (NdPr) Project in Angola, he says, ''This one in particular, its key aspect is proximity to infrastructure''.

''We don't have to spend hundreds of millions of dollars on transport and infrastructure ...electrification is 45 kilometres away, there's an existing power station that's supplying the local town which is totally under-utilised''.

Pensana has engaged world-renowned engineering firm Wood Group PLC to complete a prefeasibility study (PFS), which is due in September 2019.

They've also  engaged RFC Ambrian as broker and agent ahead of listing on the London Stock Exchange.

Quick facts: Pensana Metals Ltd

Price: 0.18 AUD

Market: ASX
Market Cap: $27.54 m

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Pensana Metals Ltd - Proactive Mining Capital conference

Pensana Metals Ltd's (ASX:PM8) Paul Atherley presents to investors at the Proactive Mining Capital conference in London. Pensana's continuing to progress site activities and overall project development and financing of the Longonjo NdPr (neodymium and praseodymium) project in Angola.

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