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Pensana 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: $0.22

Market: ASX
Market Cap: $32.42 m
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