Phoenix Copper Share Discussion Threads

[juju44] 30/3/2023 08:47

Should move up soon

[the_debt_collector] 30/3/2023 07:54

Saw this on Twitter, posted yesterday

The attached broker note has a target price of 95p

[the_debt_collector] 29/3/2023 13:08

For charting fans PXC just covered by Zak Mir - very short term target 30p

[qs99] 29/3/2023 12:45

Copper price also on firmer ground it seems, should help if it continues to move ahead...DYOR

[klondykejohn] 29/3/2023 11:28

Electra battery getting some good drilling results at Iron creek.
Bodes well for PXC

[qs99] 29/3/2023 10:33

hehe! Have a good one.

[saucepan] 29/3/2023 10:32

It was only a tongue in cheek comment, no worries :-)

[qs99] 29/3/2023 10:29

sorry, Saucepan, mea culpa, good discipline I agree to have stop losses in, but sometimes many do sell when fundamentals haven't necessarily changed.

Hope you managed to catch the bounce.

Cheers
QS99

[saucepan] 29/3/2023 10:21

Don't disparage "PI panic sellers" too much. I exited circa 25p on stoploss rules, and have bought back considerably lower on a changed technical setup. Not a boast, just a statement of fact. I don't always get it right.

[m1sterx] 29/3/2023 10:09

Shares have taken a 27p hit over 9 trading sessions, of course they will recover.

Add to the mix reassuring commentary from those close to the company.

This will be 40p+ soon enough.

#knowthegame

[purpleinvestor] 29/3/2023 10:09

Daft market cap a.t.m when you consider what we already know on the valuables down there and the mobilisation of people, specialists and equipment in Mackay.

[qs99] 29/3/2023 09:55

Should see a nice squeeze on now iMO>....DYOR

[yasxii] 29/3/2023 09:54

47p in February, 45p in March - can now be bought for 22p, what has changed, very
little.

Opportunity knocks.

[qs99] 29/3/2023 09:48

Picked up some more, sub 30p just looks odd IMO as PI panic sellers maybe crashed share price after last RNS...DYOR

[broken_arrow1] 29/3/2023 09:33

Very little chart resistance to 31p - the RSI is still materially oversold, looks like there is a fair bit of recovery play upside here.

[juju44] 29/3/2023 08:53

Technically this is totally smashed so a bounce looks on

[kaos3] 29/3/2023 08:50

PS small pilot plant could have been almost finished by now more or less

now - how that one would impact getting bond issue behind us

[kaos3] 29/3/2023 08:47

my simple gardening mind -

several AIM junior miners went for the simple and small mining operation first. proof of concept, established cash flow etc ... and THEN went big /ATS, final capacity, bond financing etc/

vs

we will be big, keep drilling, we have multi mineralization, we expect /relative terms/ huge debt based on the proof on paper certificated - we do not lie - it WIL BE real

concepts

first is more sure, second better optimised .....

in strategic terms I would go for the second one in good times and for the first one in worsening times

it is about BOD ability to decide when what is the best .... so they take credit for the situation

all imho

[saucepan] 29/3/2023 08:14

Not my experience, m1sterx. I re-entered PXC first thing without problems. I was reassured by RW's statement, and technically it is beginning to look like a low is now in.

[m1sterx] 29/3/2023 08:05

They are locking out retail investor buyers this morning, no surprise at all.

Good luck trying to get a decent slice of stock therefore.

#knowthegame

[qs99] 29/3/2023 06:36

Great we are on the same page then RP! Have a good day.

[sipptrader88] 28/3/2023 19:19

The 50k seller is getting a regular quote and executing accordingly...and has been for a while....so I guess the sells are being absorbed by buys...and no need for 7500 (NMS) trades for quite a while now!

It's actually quite exciting times....just that the share price is not excited YET!

I'm talking myself into more buying I guess...lol!

GLA

[retirementplan] 28/3/2023 18:25

Qs99: I also added at the bell this morning.

Sportbilly & investingisnteasy: it does sound like a revenue stream this year is being hinted at. RW has said in the past that we will be in production in 2023, and Empire can't be producing in 2023. I think we are privileged to have both DP and RW posting on Telegram. Ryan is also on the group, but does not really post: you can bet he listens.

GLA.Once the 50k seller is out, this will fly back up, just in time for the AGM.