Phoenix Copper Share Discussion Threads

[goldrush] 07/6/2023 07:44

Thanks dp for post 7920.

Well summarised and puts it into context. In a week or two we will have the info validated and announced by Zach. ATS works and fantastic recovery rates. Now to the next items.

[mufprat] 06/6/2023 21:49

That's like saying a voter isn't entitled to complain about their elected government, they can only vote or not vote.Idiotic comment, no?

[retirementplan] 06/6/2023 18:40

Good to hear that ATS essentially works and will, in all probability, be the preferred option. Non-dilutive funding next. Nice to see some old friends have graced the board today - esp J44 & B33 😉😴

[alphorn] 06/6/2023 18:18

Hi dp - we were fixated on speed. I remember being allowed a few days in Italy on the condition that I wore a bleeper on the beach. It was fun, although we all got divorced! We built a very big global company. ;)
(Good luck to all here).

[arab3] 06/6/2023 18:13

how did you get the role In PR donald, was it advertised ?

[donald pond] 06/6/2023 17:31

But alphorn there is nothing urgent that needs doing. Zach will come back from holiday, do the complex checks he has to do and then sign off. The only difference will be shareholders finding out precisely how well something that is still being improved currently works, shortly after they have been told it works well enough. We are not talking about fixing a problem or winning a contract.

[saltraider] 06/6/2023 17:25

Hey Mufprat .. you are a shareholder, you are entitled to buy or to sell. You are not entitled to moan.

[alphorn] 06/6/2023 16:56

For our startup we were on call 24/7. Quite normal IMO.

[bradshaw980] 06/6/2023 16:51

To be fair when I'm on one of my 'soapy massage' holidays I don't want any c#%t calling me. But that's just means we're all different.

[bumpa33] 06/6/2023 16:06

Indeed DP, we can agree on that at least…

[donald pond] 06/6/2023 15:59

What can I say bump? Time will tell. Resolving difference of opinion is what the market is for.

[saltraider] 06/6/2023 15:52

We hear you Bumpa33 ... You're as mad as hell and you're not going to take this any more! Let it all out. You'll feel better for it.

[bumpa33] 06/6/2023 15:46

I still think you have integrity and belief in what the company are feeding you in your position of PR DP - but you are having the wool pulled over your eyes here, for sure.

[donald pond] 06/6/2023 15:29

This isn't a director on holiday though, it is a senior member of staff on an annual family holiday. The results came back from the lab and he wasn't there to sign them off. The option was either putting the RNS out today and being able to discuss it at the AGM or holding it off until Zach is back in the office. But legally, percentages could not be put in the RNS without being signed off by the QP.
To be honest, sentiment isn't really relevant right now. There are key milestones that need to be achieved. If they are achieved, this is far too cheap. ATS was one of those milestones. Funding for mine development and getting to positive cashflow without dilution are the others.

[ptolemy] 06/6/2023 15:16

We all know early stage miners are high risk and sentiment matters. So, prioritising a holiday over being about to make a more positive and fuller disclosure smacks of 'life-style company' ethics. The price? A £10k holiday and £2 million off the captialisation...

[bumpa33] 06/6/2023 14:45

“Facts”, hilarious….!

[bumpa33] 06/6/2023 14:44

Stick me on filter PoF, job done.

[bumpa33] 06/6/2023 14:36

Well that’s alright then Donald.

I’ll wait and see how this cunning plan they’re hatching comes to fruition.

Or maybe just buy in the placing.

[juju44] 06/6/2023 14:28

They talked a good talk 18 months ago but we are no closer to a mine today

[greyingsurfer] 06/6/2023 14:28

Of course there is risk in any new(ish) approach. But it's clear that success with ATS will bring cash flows forward, and that good results have been shown so far. And it's also likely to be seen more favourably by those concerned with the local environment than the use of large quantities of cyanide, which will be beneficial. Of course, getting processes working optimally takes time, but the indications so far seem to be that it's the right path to follow. I see no point to endless complaints about the choice made, while we wait for the next news.

[bumpa33] 06/6/2023 14:25

As far as I can recall Donald today is the first day you’ve conceded they need funding at the PLC level as well as at project level!

As for them having a plan other than a placing, based on previous do you really think that has any credibility when they can’t stick to any bloody promises they make??

[donald pond] 06/6/2023 14:15

Bumpa,You carry on saying what the challenge is and I'll carry on saying that we all know this and there is a plan, which doesn't involve a placing. More than that I cannot say