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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Phoenix Copper Limited | PXC | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -0.75 | -4.41% | 16.25 | 11:42:54 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 17.00 | 16.125 | 17.00 | 17.00 |
| Industry Sector |
|---|
| MINING |
| Top Posts |
|---|
Posted at 01/5/2024 09:04 by sipptrader88 donald pond - 17 Apr 2024 - 09:37:46 - 10675 of 10855 Phoenix Copper (PXC) - PXCOn timing of the PFS I was asked if it was on target for this month still and I answered along the lines of “there or thereabouts”. I’d urge people to focus on the content of the PFS: if it comes out on 27 April or 4 May it really isn’t material |
Posted at 29/4/2024 09:13 by zb27 For an AIM resource company, PXC only have 149m shares in issue, and most are locked away.With PFS and Bonds imminent, both totally transformational, the small free float will put rocket boosters up PXC share price. I just look back at Nov, just a hint of bonds and the share price raced away to 40p. Same will happen this time and beyond hopefully. All about supply and demand, an inflexion point will arrive here very soon when PXC really races away. |
Posted at 26/4/2024 13:32 by trader465 donald pond - 17 Apr 2024 - 09:37:46 - 10675 of 10813 Phoenix Copper (PXC) - PXC“On timing of the PFS I was asked if it was on target for this month still and I answered along the lines of “there or thereabouts”. I’d urge people to focus on the content of the PFS: if it comes out on 27 April or 4 May it really isn’t material” |
Posted at 25/4/2024 10:39 by trader465 The copper price is irrelevant, PXC have no mine or revenue. What will PXC EPS be in 2024 on the higher copper price? |
Posted at 24/4/2024 07:28 by haveapunt1 60p is a market cap of £80mil. There is no way imo PXC will be that on finance (which is repayable of course at a fairly hefty rate). The mine is likely to be 18-24 months before even pulling anything out tongue ground, coupled with permitting risks and construction risks. If all goes well with the bonds my guess is 35p ish. The market is not what it was any longer, they do not value risk. A long way to go. The only thing that has kept me here is the metrics on cooper, a lack of other plays, and the fact Hughes has chucked in good money (board haven’t), so one would like to think he is maybe more privy to information that retail.Time will tell, but PXC requires progress not words. Let’s see if they do a virtual AGM so investors can interact with the board….im not holding my breath |
Posted at 18/4/2024 07:56 by sipptrader88 October '21 PXC share price reached around 77p........Now at say 11p my shares and that of the BOD are down to about 15% of where they were.When I looked at their holdings combined I noted in my head that being approx. £4m down from October '21......they (the BOD of PXC) have "all to play/work for" That is all....it's just a conception...and that is why I had the ?? after the £4m in the previous post (693 above). |
Posted at 18/4/2024 07:43 by qazwsxedc69 So we have "haveapunt" who has only posted about PXC in 2024 - dozens of times - all negative.12 minutes after we have "3weeksoros" who only ever posted 4 times, all about PXC negatively. Funny that. Have you (singular) really not got anything better to do with your time? |
Posted at 17/4/2024 14:55 by sportbilly1976 FD,That is a fair question - obviously to date, not much tangible progress has been made. I suspect though that the lack of bond financing has not all been down to PXC - some investors may have made all the right positive noises and intentions and then, for whatever reason, fallen away or decided not to proceed. Obviously, as a non producing resource company, funds can only come from shareholders/investo The PFS will no doubt show the excellent economics of the project. The comment from RF both in the rns and also on LinkedIn do hint that conclusion of bond finance is imminent...indeed I'm sure RW would love to repay and close off any RF obligation with the initial tranche drawdown. Marcus has just one main "in" for Phoenix, even the Company website has only one main highlight on him - his ME corporate finance experience and contacts... With the current share price, company valuation and the resource / value upside I have used to lull over the past month or so to average down (I partook in the shareholder fundraise at 35p) and see PXC as an excellent risk/reward investment...and so continue to hold |
Posted at 04/4/2024 13:14 by kooba “donald pond - 19 Jan 2024 - 09:15:36 - 10219 of 10625 Phoenix Copper (PXC) - PXCWhat information do you want? We are finalising a PFS but the regulations say we cannot publish it until it is signed off as compliant. We are 99.5% there but can’t legally say anything meaningful until be are 100% there.” It’s been expected for a while what makes you think it will be delivered this month? Who is completing the PFS ..is it in house or external competent folk needing to sign it off? |
Posted at 04/1/2024 13:59 by dougmachin There was a 3-month extension to the initial term on 23rd June.Then the next extension was on 28th September, issued with the interims. Which is after the 3-months. 23rd September would be the 3 months. So, seems to be some leeway there... Also, "At the Company's option, the Loan Facility may be extended to 22 March 2024". So, either: [1] PXC are about to extend again and RF aren't so concerned about this exact date, as PXC can extend up until the 22 March anyway. [2] PXC have reached the point they don't need to extend, 'cos the bonds are getting signed........ (I hope). There's no way that PXC are going to let RF convert, whilst they have control over it (so between now and 23rd March). I believe that the BoD are doing absolutely everything to get the funding over the line. Whether they can is the (80) million dollar question. The volume of sells that has knocked the share price down 50% in just a couple of weeks is pretty paltry. Which is why the share price will go into orbit if funding can be secured. It's certainly getting "interesting". |
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