Phoenix Copper Share Discussion Threads

[klondykejohn] 05/6/2023 21:05

Hope we get some positive news Donald.

[donald pond] 05/6/2023 15:11

Hope to see some of you on Thursday. Looking forward to it

[kaos3] 05/6/2023 14:53

1 share traded today btw...

over the decades i came to the conclusion that sometimes it really is something to the 1 share traded

[zaphod99] 05/6/2023 14:52

CorrectAnnual General MeetingThe Company also announces that the Annual General Meeting ("AGM") will be held at The Washington Hotel, 5 Curzon Street, London W1 5HE on 8 June 2023 at 11.00 BST.

[ptolemy] 05/6/2023 14:44

Am I correct in thinking the AGM is on Thursday?

[seagreen] 05/6/2023 12:13

get on board before it returns to 40p IMHO

[retirementplan] 31/5/2023 23:48

It's coming, KDJ. Just don't know exactly when.

[klondykejohn] 31/5/2023 12:20

some decent buys this morning.
Is news imminent?

[investorman33] 27/5/2023 10:55

TTTC

The financiers of 50m/80m of bonds will be more concerned at getting a good return on their money that 'screwing the company' which gives them little or no financial benefit.

And the bond money would repay the Riverfort loan amyway.

Lengthy discussions on the subject on Telegram group, the upshot being that even if the bond money didn't arrive before Riverfort loan due (1) the loan can be repaid out of PXC current funds, but whilst that does PXC could repay Riverfort and admin costs until into 2024, it would leave PXC short to carry out its planned development or (2) Get an extension of the loan for say 9 months or indeed refinance the loan with Riverfort or another mine finance house - RW has a good credit history of borrowing small sums and repaying them over last 20 odd years, so no issue for him to do that.

Overall Riverfort should be no no big deal as it can be repaid or refinanced.

[warm norm] 26/5/2023 21:41

You seem more turkey (and a Christmas voter) than chicken, but a regular choker of it?
The Riverfort facility will be a minor irrelevancy if the 80 arrives.

[klondykejohn] 26/5/2023 17:36

I agree TTTC.
I answered that question with a no.
I don`t see anything wrong nor demeaning about my answer.

[greyingsurfer] 26/5/2023 14:25

The loan is extendible for another 9 months

[this tea tastes of chicken] 26/5/2023 14:20

Klondy
It’s a genuine question from a shareholder. Surely we those providing the 80m know the Board have a deadline looming and can act with this in mind?

[pantsonfire] 26/5/2023 10:24

Did anyone else note on page 15 of the Annual Report, that no director has disposed of a single share in 2022, and all but 1 have increased their holdings. Does that sound like a board nervous about the possible success of the company? I see this as resounding confidence that the company is on track for success the way the directors have always claimed.

[klondykejohn] 26/5/2023 08:44

Positive start to todays trading. Can it push up to and beyond 30p?

[this tea tastes of chicken] 26/5/2023 08:27

Cant the counterparties to the Bonds screw the company over knowing the Riverfort deadline is looming

[retirementplan] 26/5/2023 07:41

Fair chance of leaving the 20s today. Once we do, I don't think we will see them again. Full $80m bonds likely. RW mentioned on Telegram yesterday that ATS news is likely (not a promise!) before AGM on 8th June. Curved ball news widely speculated on once bonds away. Holding my shares very tightly, as will many others. Effective free float is small = moves fast (in both directions!).

[observer007] 26/5/2023 07:05

If they get the bonds away the share price will rocket, the clue is in the precise details given yesterday about the bond, it looks like news is imminent.

The time to buy sub 30p is now, once those bonds are announced the shares could easily double from current levels, some folk are talking about £1 a share even.

[broken_arrow1] 25/5/2023 21:25

One more push up and the breakout to 45p region looks on, chart tells you all you need to know.

[investingisnteasy] 25/5/2023 20:11

Just for clarity, Rob (Marbro5) is a resident of the Mackay area, and part of a renegade band of misfits attempting to stop the mine restarting.

No doubt he’ll be soon gluing himself to the BLM’s office in protest, along with the rest of the resistance.

We can wait, Rob. It will happen soon enough.

[retirementplan] 25/5/2023 19:49

Oh,Marbo5. I don't really believe that anyone that has done the least amount of research would listen to your nonsense. Best totally ignored. Why would you bother? No reply required!

[marbro5] 25/5/2023 19:38

The current state of the permit application is simply fact that is very easily verified by even the most inept and challenged such as yourself.

[marbro5] 25/5/2023 18:57

And alas....STILL no permit... to date, no complete application has been received by the regulatory authorities.... once received, the process takes years to finalize.. what a shame...