Phoenix Copper Share Discussion Threads

[boonboon] 18/1/2024 08:41

He's on the Telegram board calling investors silly for asking questions.

[haveapunt1] 18/1/2024 08:30

Well someone is happy to keep taking 50,000 at this price

[kaos3] 18/1/2024 08:25

after all this time i would suggest that plan B and C do not exist any longer. because if they would... B or C would just buy the bonds after all. i hope i am wrong but if the first one does not perform i will go to the ready next one and so on

[bsg] 18/1/2024 08:24

They're going to have to have a placing ...

[bumpa33] 18/1/2024 08:21

Mkt cap still £19m - there’s a long way down to go.

[bumpa33] 18/1/2024 08:12

Stock offered everywhere. Quel surprise…

[deuchar] 18/1/2024 08:09

I feel conned re the false talk on bonds

[kaos3] 18/1/2024 08:01

i also see a pattern of many AIM companies

they do the right talk and perform very professional until money flows freely. ESG, plans, drilling, paper produced etc ....

but do not ask about time specific productivity and delivered results - material mined and sold and flowing cash to the owners.

not of an investors business asking management questions or debating decisions.

big shareholders jump appologetically /which is natural as they really think all is ok, hence they invested/ and the strenght of the argument is not necessarely ratio but it is the size of shareholding

[kaos3] 18/1/2024 07:55

well - many asked for the pfs and they got it

so - professional reaction

---------------------------------------------------
not mentioning bonds will jinx the situation and the net RNS result will be perceived negative

and the line about self determined timing is just screaming about it all

[sos100] 18/1/2024 07:48

Pattern emerging .....old guard mgt teams not being able to deliver anything sustainable ,ARS ,TLOU, PXC etc etc

Could have raised enough funds when by doing conventional placings to show some intent.
Dilution is sometime necessary to progress....

[saucepan] 18/1/2024 07:37

Richard Wilkins (allegedly) quoted here on 24th October:

"...Ryan does not need money to start sourcing equipment for another 3 weeks or so, when the updated economic model (which looks good) will be ready."

Such a hugely missed timeframe, judging by today's RNS.

[bumpa33] 18/1/2024 07:33

“My guess is they can’t get the bonds away”

well done Einstein…

[haveapunt1] 18/1/2024 07:32

My guess is they can’t get the bonds away

New loan facility for working capital emf of Q1 (24 match facility ends), early Q2 issue feasibility and then re try market in summer. That would explain timings recently and need for working capital

[bumpa33] 18/1/2024 07:32

I think he’s trying to quietly slip into the ether…

[trader465] 18/1/2024 07:28

lol where’s DP with the spare pen and positive spin?

[hubs] 18/1/2024 07:22

They will want to boost the share price somehow to get a placing away, guess they'll have to resort to Director comments on X for that...!

[trader465] 18/1/2024 07:15

Another 6 months for the PFS and mine plan, no update on the advanced discussions in regard to the financing, one would have thought that was their priority, but evidently not

[haveapunt1] 18/1/2024 07:06

A welcome RNS re feasibility over the coming months but still silence on all financing fronts, including the bonds.

Feels a bit like they are struggling with getting the bonds away which is why they are now having to finalise the economic model into Q2 (which coincides with the new loan facility) and then try tempt the market again but this time with a completed model

As much as I hate to say it, that’s how it is starting to feel

[klondykejohn] 17/1/2024 16:52

Trader465 lost a lot of money with AYM so he is bitter. Perhaps he needs to go back to his ladyboy harem and relax a bit with his mates.

[haveapunt1] 17/1/2024 16:24

Yet we have the diehard trader “warning people” yet doesn’t hold any stock here, looking for an entry as he has openly said. Always find if pretty sad to keep trashing a stock that you don’t hold and see no value and all risk.

Very sad some people when it comes to these boards. They see no value, big risk, slate the board, yet still appear to show an interest in the company. Odd.

Then again the name should say it all.

[trader465] 17/1/2024 15:54

Plenty of cases of confirmation bias going on here with PXC diehards 🤷‍♂;️