Phoenix Copper Share Discussion Threads

[qazwsxedc69] 19/4/2024 08:09

We really do attract some absolute weapons on here.

[sportbilly1976] 19/4/2024 08:02

Rackers,

Your altruistic concern is noted. thank you

[rackersthedon] 19/4/2024 07:24

this remains a dog with fleas


avoid

[donald pond] 19/4/2024 07:19

I think there are 17 different external feeds going into the PFS. It is a big piece of work that needs external validation of each material assumption.

[kooba] 19/4/2024 05:12

Oh so the April 2024 presentation is still just using the 2020 PEA metal prices hence the jumps referred to , very out of date. Oh well the PFS will be with us in the next 8 business days as promised i guess and will probably factor in the average prices over the past 3 years as a basis of valuation to show NPV..looking forward to some up to date figures. That last 0.5% of work on the PFS has taken months..who is preparing the PFS...internal or external competent persons..i can't see when it was commissioned it has been worked on for so long. Previously referenced that consultants hadn't or couldn't sign it off in January..who are they??I note the PEA was PXC Staff and Hard Rock Consulting LLC..is the PFS the same ??

[donald pond] 18/4/2024 21:42

It's an old presentation just updated to show ownership as per regulationsThere will be a much more extensive rewrite after the pfsThat and funding news are the key things

[greyingsurfer] 18/4/2024 21:37

hxxps://phoenixcopperlimited.com/Company%20Presentation/april2024presentation.pdf

[kooba] 18/4/2024 17:36

April 2024 presentation ?? Is there a Link??

[sportbilly1976] 18/4/2024 08:25

stockhunters,

Using the Apr'24 presentation prices and comparing to current 'averages'

Copper +35%
Gold +25%
Silver +16%
Zinc +15%

Combine with recent equipment purchase(s)? ...I am looking forward to reading the PFS

[kaos3] 18/4/2024 08:17

if i do not know i start thinking in a simplistic terms...

TIME

in 2 years they were not able to get financing for a superb project
now that is saying to me loudly

either

* it is not a superb project

or

* unept management. intentionally or for real

time test has been passed

so i will not gamble nad invest before pxc is derisked

regardless of the share price

[stockhunters] 18/4/2024 08:15

gold and copper on the up again

PXC read across?

[qazwsxedc69] 18/4/2024 08:06

@haveapunt

"think before you type"

Not a new investor - been posting here since way before you showed up, spouting your ill-informed negative tripe.

Your instant ad hominem stuff gives you away. Typical troll with proved multiple accounts, and more time on your hands than brain cells in your head. Filtered.

[bsg] 18/4/2024 08:00

Reality hits eventually. They'll just be happy getting paid and placing for that reason.

[sos100] 18/4/2024 07:58

similar thing kind of happened on ars thread while share price was going from 14p - 3-4p.....

and it's now under 1p

[sipptrader88] 18/4/2024 07:56

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).

[haveapunt1] 18/4/2024 07:55

@qaz…are you intent on making yourself look stupid, or are you just lazy. If you actually look at my posting history you will see i have been posting both positive and negative well before you even showed up here, and well into 2023, with contact with the board. You on the other hand suddenly appear as a new investor riding your high horse.

Think before you type

[qazwsxedc69] 18/4/2024 07:43

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?

[fuzzy dunlop] 18/4/2024 07:40

They’re not down £4m are they though SIPP? What did they pay for those shares to be £4m down?

[3weeksorso] 18/4/2024 07:18

Indeed. The very same board who spent £21 million in three years, with next to nothing to show for it. It's a grift. The language Richard uses regarding bonds is just a corporate version of a junkie needing money 'for a boiler repair' he'll pay you back next week. Of course something else will come up meaning he can't.

[haveapunt1] 18/4/2024 07:06

@Qaz….”downside is limited”. Whatever planet are you living on????

If they don’t get the bonds the dilution will see this into tenths of a penny. But yes, no downside.

The PFS is yet again delayed, and being surrounded in waffle by IR, the bonds have been “in final discussions” for over two years, and the PFS has been “95% complete” for the last 6 months.

But hey, the board keep taking their huge salaries each year hence they raised over $1mil more than needed for “working capital”. Working capital for what exactly, the company is run out of a tiny office (or at home) minimal staff and no drilling or operational on the ground works taking place.

If you think the downside is limited, your deluded

[sipptrader88] 17/4/2024 19:58

I like what you say qazwsxedc69.....with your "handle" as is you must be of viking descent/...lol

balanced portfolio is a must and then there is little emotion / wall of worry to interfere with a strategy.......

.....forget about the BOD's salaries FuzzyDunlop....they're down around £4m?? on our share price "temporary demise....there's no red herring imo!

[qazwsxedc69] 17/4/2024 18:13

Or the once in a lifetime opportunity sitting right under our nose.

The market is currently looking the other way, but I still the think the risk / reward profile at this market cap is enticing. Downside is limited, the upside potentially astronomical.

I paid off my mortgage betting against the tide a decade ago at a similar opportunity. This feels to me not dissimilar. Not investment advice - but there should always be room in a well balanced portfolio for 1 or 2 like this.

[fuzzy dunlop] 17/4/2024 17:03

qaz, that's the red herring.