Phoenix Copper Share Discussion Threads

[kooba] 26/1/2024 07:22

DP..Thank goodness you wont be posting i think you do more harm than good when you do post on behalf of the company. It’s a bad idea putting up titbits of half truths on bulletin boards ..all comms should be through official channels. Very amateur hour and often misleading.

[donald pond] 26/1/2024 07:16

As we are in an offer period now I cannot make any comment until that period is over

[trader465] 26/1/2024 07:12

Ho dear, what’s happened to the “only one signature needed”?

[kaos3] 26/1/2024 07:10

honest and real

[haveapunt1] 26/1/2024 07:09

And yet the greedy board still show no sign of cost cutting their own salaries

Then you have a month before RF convert

Sick of hearing “confidentR21; re bonds. It’s not happening. You just have to read the RNS

[bumpa33] 26/1/2024 07:02

Placing at 11.5p. Ouch.

”In the event that the Bond Financing does not complete and a new facility is not put in place before 23 March 2024, the Company will be required to seek alternative sources of funding to fund the future working capital and capex requirements of the Company, and to repay the Facility.”

[trad3m3] 25/1/2024 14:29

https://imgflip.com/i/8djqtf

[trad3m3] 25/1/2024 14:28

This feels just like back in may 2020... https://imgflip.com/i/8djrjfWhat's not to like here.Pants you're still here ?

[klondykejohn] 25/1/2024 14:13

Quite the opposite trader. The price needs boosting so you will nedd to dig deep. You should stop de-ramping this share.
Just look at your investment over at AYM where you lost thousands.You spat your dummy out there when your ramping became over zealous and people wised up.

[trader465] 25/1/2024 13:42

Maybe it is time for them to step up to the plate with some negative interviews that the share price seems to be reflecting

[klondykejohn] 25/1/2024 13:33

Seems strange that BlytheRay {financial PR} has been so quiet for a long time.
Maybe it is time for them to step up to the plate with some positive interviews.

[kaos3] 25/1/2024 09:00

Ot...
Video
Tick tock

Tick tock

Tick tock

[sipptrader88] 24/1/2024 16:10

Apart from early production opportunity, Konnex has still got a "World class" project upside! I think the tide will turn and luck (which we've been without for too long) will finally be on our side.

GLA

[the_debt_collector] 23/1/2024 16:43

The directors should have started to cut renumeration significantly long ago, in the the last two financial years BOD salary including 'consultancy fees' amounted to a cool $2.4m, the company has no revenue, those salaries are by far and away at the high end of the AIM junior resource spectrum.


So far there has been no mention of cost cutting, the only thing out in the market is they are seeking more cash from Riverfort, not good at all, especially if a high proportion of that cash is going into fund lifestyles.

Talk is cheap, delivery is another matter.

[trader465] 23/1/2024 12:30

Where has the money come from in the past to pay the fat salaries? Where do people think the money will come from in the future to pay the fat salaries? It’s not difficult to see.

[williamcooper104] 23/1/2024 12:07

In practise RF won't care so long as they get paid out

[juju44] 23/1/2024 12:06

It usually comes down to the management and these guys have failure written all over them

[kaos3] 23/1/2024 12:04

Technical q.
Is company contractually free to issue shares before RF or similar finishes the possible death spiral shares selling?

[williamcooper104] 23/1/2024 11:04

Yep - they could have placed at 30p not so long ago Now it'll end up being pennies

[deuchar] 23/1/2024 11:03

So much promise and a dismal outcome

[the_debt_collector] 23/1/2024 10:55

This looks like it is going sub 10p unfortunately for holders, the market is really punishing this sector especially companies who are indebted or looking for cash, PXC have both dilemmas.

Even at 10p the market value would be circa £13m which is a bit rich given the circumstances.

There is little reason to buy currently, the bond issue is a very distant oasis.

[trader465] 23/1/2024 10:39

Why would they care what price they place at? They are in it for the big fat salaries, nothing more.

[bsg] 23/1/2024 10:24

They're losing their chance to place at a reasonable price (if they want to).

[sipptrader88] 19/1/2024 19:50

Whatever...if I have to be a long term investor here also with about 49 others.....so be it lol

Which one will bring home the bacon?

I'd hate to have to go back to work after 17 years retired....but if needs must!

Won't be having a boss though!

GLA

P.S still happy here in PXC