Phoenix Copper Share Discussion Threads

[orhlsw7] 23/3/2023 14:35

The whole market was interpreting the way I did. It was trading at 48p

[orhlsw7] 23/3/2023 14:31

This board has bren very confident about a lot of things. It started with the listing in the US and money coming from the US. Both a waste of time. Then this then that. Always something. I do not believe that redemptions would have had an impact on their decision. Ot is such a small amount divided over a couple of funds would have an impact on their decision. It might have been the marginal economics. BTW Donald, this material information was shared on Telegram yesterday (probably the selling volume today) and now on ADVFN without having been press released? Wonder what the regulator might think of that.!!!

[donald pond] 23/3/2023 14:29

ORH, there is no point responding as you interpret words in a manner I cannot anticipate.

[orhlsw7] 23/3/2023 14:22

Maybe you should retain a proper investment bank instead of a bunch of idiots in a small NY office

[orhlsw7] 23/3/2023 14:20

So, the toe rag said all was fine a couple of days ago and it would take a bit longer now says the professionals they have retained suddenly have gone AWOL. There is something seriously wrong with this management team

[donald pond] 23/3/2023 14:04

hxxps://t.me/joinchat/I5hNdxg-LUTkNvtljGWq1A

Its PXC Phoenix Copper

[sithuk] 23/3/2023 14:03

Thank you. What is the name of the phoenix telegram group?

[donald pond] 23/3/2023 13:53

Here is what I said:

"All I can say is that the board are working on an update and hopefully that will answer many questions. The company were told by credible people that they have worked with before that everything has been agreed and signed, and yet the paperwork and money didn’t materialise. At the same time, those cornerstone investors maintain they are still interested. So it has been very frustrating: we don’t know what circumstances the investors are in (they may, for example, have been subject to unforeseen redemptions from their investors). I spoke to the board recently and they are in discussions with multiple potential investors and remain confident. But I fully understand the frustration and that we need to move from the talking stage to delivering."

So, to reiterate. We had expected funding to be sorted in full. It didn't quite get over the line for reasons we don't fully understand. Those investors say they are still interested. Others have also expressed an interest. We will update the market.

Nobody has gone AWOL. We are working hard and things will become much clearer when we update, which will be very shortly.

[sithuk] 23/3/2023 13:50

What was posted on telegram?

[orhlsw7] 23/3/2023 13:49

What has this man been saying exactly

[haut brion 58] 23/3/2023 13:38

Appalling. I have been a regular buyer since early Feb '21. Now feeling let down and misled. Whenever DP posts, most recently on Telegram yesterday, with the shocking revelation about the people they are dealing with going AWOL, the share price plummets. I'd rather not hear any news until it is good.....please! The world is in a big enough mess without PXC making it worse.HB

[jimmyjas1] 23/3/2023 13:32

O ye of little faith…the funding path via bonds is only over once all the prospective investors walk away…that hasn’t happened. I always believed finance would not be concluded until at least the ATS testing completed and the final permit application submitted.Then the long lead items required for production need to be ordered. I give you that the Jan/Feb announcement for concluding finance was probably not wise…but we can only assume it was generally anticipated that that would be the case. There has also been plenty comment from PXC reps that concluding funding will take as long as it takes. There are also other avenues for funding which I’m sure the BOD have considered as a plan B or C…let’s see

[orhlsw7] 23/3/2023 13:17

The low twenties might be here sooner then I thought

[juju44] 23/3/2023 12:56

Exactly . They have misjudged everything

[orhlsw7] 23/3/2023 12:39

I do not think it has anything to do with the bashers. It's management's incompetence and over promising

[juju44] 23/3/2023 12:28

Not too hard to knock this down . These guys are just full of wind - no delivery

[orhlsw7] 23/3/2023 11:21

Certainly looks like it.

[juju44] 23/3/2023 09:46

Beginning to look like they have screwed up the funding . Prevaricated too long

[sipptrader88] 23/3/2023 09:38

No....you are wrong!

[orhlsw7] 22/3/2023 16:26

And it will remain there

[orhlsw7] 22/3/2023 09:31

Ahh. Back in the twenties again. Soon it will be low twenties

[bradshaw980] 22/3/2023 09:03

Come at me. Best in the game. Been dropping hydrometallurgy knowledge bombs for years baby bios. Let's talk and see who the troll really is.

[qazwsxedc69] 22/3/2023 08:26

Nasty piece of work with a LOT of time on his hands. Bit pathetic really.