Phoenix Copper Share Discussion Threads

[retirementplan] 20/5/2023 08:05

1. Annual report due next week.
2. AGM within the 1st 2 weeks of June.
3. Jeffrey Temple from 15th May:"And I agree, that if, or rather when, the BoD deliver, as I expect them to do very shortly, I think our discussions and our opinions will be completely different" I don't know JT personally, but I have read and listened to him on PXC, and I think he is well informed.
4. Donald Pond from 16th May: "I have nothing to add. Trying to get the bonds finalised has been a very frustrating process, and I can't really say more than to refer you to RW's previous comments. As soon as one of the options the company is exploring either pays up, or it becomes clear that none of the options will happen, the market will be informed. The board are still very confident, but it is what it is!!". Donald is well informed.
5. Recent RW Comments are posted already on ADVFN - he must be totally in the picture.
Trek's recent (this week) posts on PXC are always worth a read, particularly the one starting with "My 10K buy shows as a sell".

I think the board have been incredibly busy with many spinning plates. I've researched as best I can and my perception is that we are on the cusp of major news (ATS due too, as well as NC drilling in June", don't forget the Digbee A) and the free float is small. Money placed. Dry powder at the ready. Waiting with more expectation than worry. DYOR & GLA.

[puzzler2] 19/5/2023 17:49

I've been re-reading the 24.03.23 RNS in which it is said "The company expects to publish the 2022 audited annual report and accounts towards the end of April, with a view to calling the 2023 Annual General Meeting during May". Clearly, this timetable has slipped, which one would have thought is because of the interaction with the long-tabled bond issue. We really need an update ASAP to clarify matters.

[juju44] 19/5/2023 16:13

They flaffed around for a year and missed the funding opportunity . Not good

[retirementplan] 19/5/2023 15:16

Well, KDJ, now is a good time to buy. It's so cheap, my 22.39 buy appears as a sell. Results should be next week, and a positive AGM on the horizon. At least, I hope so as all has gone quiet. Which I'm think is a prelude to excellent news flow once everything falls into place. DYOR.

[klondykejohn] 13/5/2023 17:28

I need some more shares asap.
Sp will climb rapidly in June.

[donald pond] 13/5/2023 08:48

I've not had my knuckles rapped by the board. There is just no news to report, and nor will there be until funding is either finalised or the board believes it won't happen. At present they are confident it will happen in the very near future. But since I was appointed to assist with investor relations I have played with a very straight bat. The AGM will be next month and everything needs to be resolved by then, for obvious reasons.

[sipptrader88] 12/5/2023 16:57

Not worth commenting really....who knows....but personally I topped up 10k only @ 22.75p Nearly did more but held back for now! It seems to work for me...if share price rises 10% sell 10% of my holding....if it falls 12% top up by 12% ...my new trading strategy!lol!

Still holding my CORE...GLA ....nice weekend!

[juju44] 12/5/2023 16:06

Credit squeeze - no funding

[williamcooper104] 12/5/2023 15:31

It's all about liquidity IMO How much cash do they have before need funding - can't be that much now

[blueball] 12/5/2023 15:31

Truely the best time to sell.

[mufprat] 12/5/2023 15:27

Judging by the raft of selling this morning, best get ready for the next set of bad news.I guess ATS isn't the success wished for and probably no sign of Bond finance.Difficult to remain even slightly positive with a company that has delivered sweet FA in the last 18 months. Talk a good job though!!

[purpleinvestor] 12/5/2023 14:22

News should be soon one way or the other.

I noticed the PXC head of Investor Relations a.k.a Paul de Gruchy isn't using his Donald Pond twitter account to pump forthcoming news on the financials being in place.

Either we are doomed or the prat had his knuckles rapped by the BOD from doing it the last time.

GLA

[klondykejohn] 12/5/2023 13:21

Either way, there must be some resolutions this month, be it ATS results or financials are finally in place. Maybe both, to kickstart the share price upward movement.
So frustrating that we are in a quiet period

[tansu12] 12/5/2023 13:16

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

[soulsauce] 12/5/2023 12:33

Well there is certainly frustration 🙄

[deuchar] 12/5/2023 12:27

The selling is based on either frustration or knowledge

[lendmeafiver] 05/5/2023 20:18

Thanks, appreciated.

[scubadiverr] 05/5/2023 19:51

It maybe private so probably best to DM Pantsonfire and request an invite

[scubadiverr] 05/5/2023 19:40

PXC Phoenix Copper

[lendmeafiver] 05/5/2023 19:14

What is the name of the Telegram group? I cannot find it.

[inaminute] 05/5/2023 14:05

Not necessarily but to get it would clearly materially affect the outlook and the positivity in the statements. I would imagine narrative written for either scenario but obv wanting to pop in the rosier one if time allows

[pantsonfire] 02/5/2023 21:25

Or WilliamCooper that they have many things in the air, like the conjurer, and need to have everything assembled in place before announcements can be made. Things like finance, ATS, etc. With the AGM due shortly, I would prefer to believe this version, as the impact from any one of the current "plates in the air" could be massive, hence delaying everything till it is all put to bed, or delivered on a plate for the annual report.

[williamcooper104] 02/5/2023 20:33

Needing to complete funding before signing off accounts is not necessarily a good look Is that a case of - they can't get a going concern opinion without the bonds????