Phoenix Copper Share Discussion Threads

[kooba] 26/1/2024 10:03

And it's not like any of that advice has put the company in anything but a distressed position!

[kooba] 26/1/2024 10:02

Look at all the mouths to feed ..ridiculous!Thats without the Pond guy!This is now a sub £5m market cap company with a longer list of brokers than most ftse100 stocks.SP Angel Corporate Finance LLP (Nominated Adviser)David Hignell / Caroline Rowe / Kasia Brzozowska Tel: [phone]Tavira Financial Limited (Joint Broker)Jonathan Evans / Oliver Stansfield Tel: [phone]WH Ireland (Joint Broker and Joint Bookrunner) Harry Ansell / Katy MitchellTel: [phone]Panmure Gordon (UK) Limited (Joint Broker and Joint Bookrunner) Mark Murphy / Will Goode / Joseph TanTel: [phone]EAS Advisors (US Corporate Adviser) Matt Bonner / Rogier de la RambeljeTel: [phone]BlytheRay(Financial PR)Tim Blythe / Megan Ray

[trad3m3] 26/1/2024 09:55

Beautiful, finally accumulation levels! GLA!

[sipptrader88] 26/1/2024 09:51

I would normally be topping up heavy now.....but on this occasion I will wait further developments. I miss-read the market over the last week or so on PXC......

......It looks to me like the RNS was known about but not the content....and then yesterday a few were privy to that...Oh well....Will "hug and hold the core" and hopefully average up later!

GLA

[greyingsurfer] 26/1/2024 09:41

A small bit of good news! Though I'd presume the book build was largely in the bag before the announced it.

[bsg] 26/1/2024 09:39

Plenty of shorts to close, may be.

[sportbilly1976] 26/1/2024 09:33

william,

accelerated book build successfully completed

[williamcooper104] 26/1/2024 09:27

It's not an underwritten placing hence why the discount isn't that big So no certainty that they'll get it away And of course if they do it's likely they'll be back for more

[michaelwhight] 26/1/2024 09:18

Very sorry to see this for all holders. If you haven't yet filtered DP, do yourself a favour. It may take only one signature but then again it only takes the right numbers to win the lottery.

[faz] 26/1/2024 08:38

All funds will be paid to the Board of Directors whose annual salaries equal the sum of money to be raised.

[soulsauce] 26/1/2024 08:34

Jeeze should have done this weeks ago when we were in the 30s.
Totally clueless.

[trader465] 26/1/2024 08:29

Seems there are lots of people with enough egg on their faces to make a huge PXC omelette 🤷‍a94;️



“Ryan does not need money to start sourcing equipment for another 3 weeks or so”

“It needs one signature”

[bsg] 26/1/2024 08:29

Bonds wont happen IMO. Just dilution to look forward to now. See how long they can spin this out for. My bet is a least a decade.

[bsg] 26/1/2024 08:19

Well haveapunt1 I wasn't that far off it's a discount placing!

[bsg] 26/1/2024 08:09

They did well to get it away above 10p. It will keep them in their jobs for a year or so.

[trader465] 26/1/2024 08:07

Ouch, down 20%

[haveapunt1] 26/1/2024 08:07

Join the dots. Buying equipment yet bonds close? finance deal still not done with RF.
RF given one month before start converting - what does that tell you when they are in control of the new loan
directors have not carried out any cost cutting mesaures....just go to the market to feed themselves

what happens end of feb....i will tell you.....RF convert millions, the share price drops yet again, and they raise at pennys

it is rapdily becoming a lifestyle company for the bod, with DP and RW rolling out the same old lines for the last 12 months.

anyone that wants to look at a well run compaany, really on the up take a look at GMET who are about to be funded by the Uncle Sam. thats how to do it!

[jbravo2] 26/1/2024 07:45

The retail offering will be interesting.
Hoping for 200k, when you’ll be able to buy em under the placing price this morning

[jbravo2] 26/1/2024 07:38

“In the unlikely event that the purchase of the Equipment does not complete, all funds will be applied for general working capital purposes”

One wonders just how unlikely that is :D

[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.