Phoenix Copper Share Discussion Threads

[soulsauce] 10/5/2024 16:23

Well that was a strange old week with the share price hokie cokie.

[qazwsxedc69] 10/5/2024 16:09

Snuck into the top 10 gainers on the front page

[sportbilly1976] 10/5/2024 15:44

If you think ADVFN posters have asked searching questions, the ones asked on Telegram over the last months have been much more cutting.

100% this, some by me!

[retirementplan] 10/5/2024 15:34

No, kooba. If you think ADVFN posters have asked searching questions, the ones asked on Telegram over the last months have been much more cutting.

IMO, bonds are going to close. Then, further equipment (2nd hand) will be bought. Then mine build, PFS and license application in parallel. I don't really care what happens in the short term. I want the dividends in my ISA, and the share price that the deep sulphides will create. I'm not trading this at all anymore. Just holding. Next week is likely to be a big one - the share price action is telling you that. GLA & DYOR.

[mhard1000] 10/5/2024 15:34

Given the price action today and yesterday, together with forthcoming AGM, I'm expecting this to go ballistic next week. Not I'd want to be out of this over the weekend!

[kooba] 10/5/2024 15:10

Something on telegraph i have missed !?

[qazwsxedc69] 10/5/2024 09:44

Really not sure why you are here if you don't think so?

[3weeksorso] 10/5/2024 09:39

LOL

Can we mine it Qaz?

[qazwsxedc69] 10/5/2024 09:24

You missed the $900m RNS then?

[3weeksorso] 10/5/2024 09:20

Copper Copper everywhere but not an ounce to mine.

[copper copper] 10/5/2024 08:37

Point 2 will be interesting (talking freely). I feel it will most likely be another self-inflicted missed item.

[retirementplan] 10/5/2024 08:00

1. Copper @ $4.69 as I write.
2. AGM highly likely May 2024, so news via an AGM notice/agenda/accounts highly likely early next week.
3. 'PXC' believe they will be able to talk freely at the AGM about funding, which equals bonds are (really, really, really 🙂) going to close this time.
4. haveapunt1, if you have any PXC shares, SELL now, then buy back at 14p, if you are so certain they will be going down again. If you don't have any shares, why don't you have-a-punt??
5. Very short term, no idea what the share price will do. Although, one might guess that FOMO has got to kick in at some point. Medium short term (AGM & June), fairly certain those that sold on Wednesday might regret.

GLA. Especially the LTHs. Soon.....💪

[investorman33] 09/5/2024 23:05

Rainy rain

Sorry haven't replied earlier to your 7 May post but I've have been busy for a few days.

To answer your question - one reason why capex is not higher is that rather than tailings ponds/water management systems being needed PXC can use 'dry tailings' which as is implied by the words do NOT need water or tailings ponds : dry tailings are inert material which can be stacked on site.

That also means the dry tailings can be easily accommodated in a far smaller area than a tailings pong. And there is no risk of a tailings dam failure which will make the US Permitting Agency very happy - it significantly reduces the amount of work to assure themselves that its a safe project.

So I think the solution (no puns intended) has only upsides - lower cost, lower risk, more acceptable to Permitting Agency..... everything good

Th e dry tailings are a logical deduction from the RNS on metallurgy released a couple of months ago, although it takes a little mining knowledge to get there. But I'm confident that it will be overtly stated in the PFS when published and confirmed by Ryan at AGM if anyone asks him.

So capex at 50m/60m maybe 70m using 2nd hand equipment is my guesstimate .

[zb27] 09/5/2024 21:32

What is so peculiar (NOT), not just PXC on many other boards, when you find resident derampers constantly trying to spread FUD day and night, only on 1 company, WHEN THEY OBVIOUSLY DONT HOLD A SINGLE SHARE!!!

Being positive when holding makes total sense right.

What makes absolutely ZERO sense is when you don't hold a single share and yet so obviously totally obsessed with a certain company that urges them to give a running commentary, only negative Lol. To me totally sad and pathetic, must be a total void in their lives.

Seen plenty of these numpties come and go, more recently in YU, none stop FUD by a small gang, only to 4x in the last year DOH what if people listened to all the FUD that was posted. Guess what, as the rise starts, they mostly all vanish Lol

Live life for goodness sake, life is simply too short. Get off the keyboard, you dont hold, so has zero impact on your life. What a weird world we live in today. I would not spend 1 milisecond commenting on any share chat where I had zero interest.

Whatever it is, just let it go. Seek help, therapy, what ever works for you.

Il post again when PXC is in the 20s soon 😉

[sipptrader88] 09/5/2024 20:42

whatever and no matter haveapunt1......in June perhaps?? all these posts will mean nought....we'll be discussing other things!

[haveapunt1] 09/5/2024 19:40

Zb and Qaz the two man ramping tag team lol. Qaz apparently blocked me but clearly not lol. This will be back down to 14p tomorrow or Monday. Like I say, the PFS won’t be issued until funding is agreed. Just email the company, they will pretty much confirm as much. Problem is too many lazy on here wining and moaning pretending they are an expert in investing rather than do their own homework. Certain fractions moan at me yet I can 1000% guarantee none will go to the AGM

[sipptrader88] 09/5/2024 17:42

You can expect huge volatility in all metals. Uncertainties in everything and kicking, screaming and profiteering of course......go with the flow and don't make rash decisions!

[qazwsxedc69] 09/5/2024 16:29

spot v futures

[meanreverter] 09/5/2024 16:20

zb27: Where did you find your copper prices? The Kitco price in the header shows $4.4237.

[zb27] 09/5/2024 15:35

Copper price gone absolutely nuts! Spiking.

Anyone have any idea what's going on?

$4.53 to $4.59 in minutes

[sipptrader88] 09/5/2024 15:13

It's been a long time since my top two share investments are No.1 and no.2 on the leader board.....perhaps my luck is changing! oops spoke to soon we've moved to no.5....lol

[zb27] 09/5/2024 13:58

No2 on the biggest risers list today, can PXC get to No1??

Farcical drop, many will have been stopped out, AIM for you, mm's will have been loving it, scopping up everything available, for the next leg up, into the 20s.

[zb27] 09/5/2024 13:51

As soon as the AGM is called anyday now, there will be no stopping, FOMO will kick in...

With its 1st ever reserve statement, fundamental part of the PFS, PXC should have been well into the 20s by now

[colsmith] 09/5/2024 10:43

This extract supporting red metal surge. Rest of article interesting read maybe. Seems to me that whatever happens to dent the net zero fiasco copper demand will surge due to increasing automation (robots etc)and reliance on software systems in general with move to AI. All good for PXC if the stuff is in there and able to be extracted; a sort of money in the bank until it starts to be mined and sold.

"Green bubbles are about to burst, says Friends of Science Society. While the IEA issued an EV Outlook 2024 report in April, filled with much optimism for electric vehicle growth and affordability, at the same time Mining.com reported on April 26, 2024, that copper hit $10,000/ton market price, meaning affordability for all things NetZero becomes impossible."