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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Phoenix Copper Limited | LSE:PXC | London | Ordinary Share | VGG7060R1139 | ORD NPV (DI) |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.00 | 0.00% | 20.50 | 378,732 | 08:00:05 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 20.00 | 21.00 | 20.50 | 20.00 | 20.50 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Miscellaneous Metal Ores,nec | -1.54M | -0.0083 | -24.70 | 37.83M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 17:05:35 | O | 10,000 | 20.50 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 26/7/2024 | 19:20 | ALNC |  IN BRIEF: Phoenix Copper renews Electra Battery Materials deal |
| 25/7/2024 | 14:50 | UK RNS | Phoenix Copper Limited Earn-in Agreement Renewed for Redcastle |
| 24/7/2024 | 07:06 | UK RNS | Phoenix Copper Limited Corporate Appointment |
| 15/7/2024 | 07:00 | UK RNS | Phoenix Copper Limited Change of Broker |
| 01/7/2024 | 07:00 | UK RNS | Phoenix Copper Limited Corporate Copper Bonds list on TISE |
| 05/6/2024 | 12:40 | UK RNS | Phoenix Copper Limited Drawdown of Bond Finance and Issue of Shares |
| 29/5/2024 | 14:10 | UK RNS | Phoenix Copper Limited Result of AGM and Directorate Change |
| 23/5/2024 | 21:25 | ALNC | TRADING UPDATES: Windward wins deal; Kodal progresses at Bougouni |
| 23/5/2024 | 07:00 | UK RNS | Phoenix Copper Limited Navarre Creek Drilling Intercepts Consistent Gold |
| 16/5/2024 | 21:22 | ALNC | TRADING UPDATES: DSW eyes lower profit than expected; Mpac optimistic |
Phoenix Copper (PXC) Share Charts1 Year Phoenix Copper Chart |
|
1 Month Phoenix Copper Chart |
Intraday Phoenix Copper Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 26/7/2024 | 17:33 | Phoenix Copper (PXC) | 11,480 |
| 13/4/2022 | 11:42 | Only worth 3.75p on fundamentals | 8 |
| 28/1/2021 | 21:09 | Pipex - Wimax - the next telecoms revolution | 28,146 |
| 08/8/2007 | 11:09 | OO7 FOR YOUR EYES ONLY | 6 |
| 27/7/2007 | 18:18 | Is Pipex the next gutter stock ! | 36 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 2024-07-26 16:05:35 | 20.50 | 10,000 | 2,050.00 | O |
| 2024-07-26 15:40:24 | 20.50 | 50,000 | 10,250.00 | O |
| 2024-07-26 15:04:34 | 20.70 | 507 | 104.95 | O |
| 2024-07-26 14:45:18 | 20.23 | 1,768 | 357.62 | O |
| 2024-07-26 13:53:41 | 20.00 | 306 | 61.20 | O |
| Top Posts |
|---|
Posted at 26/7/2024 09:20 by Phoenix Copper Daily Update Phoenix Copper Limited is listed in the Miscellaneous Metal Ores,nec sector of the London Stock Exchange with ticker PXC. The last closing price for Phoenix Copper was 20.50p.Phoenix Copper currently has 184,535,054 shares in issue. The market capitalisation of Phoenix Copper is £37,829,686. Phoenix Copper has a price to earnings ratio (PE ratio) of -24.70. This morning PXC shares opened at 20.50p |
Posted at 30/5/2024 18:25 by investorman33 KoobaThought it might be helpful if I try to explain a little more why PXC want to buy the 2nd hand equipment rather than using new by illustrating this using some numbers which are just guesses but likely to be correct within say 25% or so). Lets assume the capex required is Civil Works $40m plus New Equipment $60m (total $100m). So Plan A – Publish PFS today with new equipment will need to show Capex as $100m plus NI 43101 requirement of 25% contingency on equipment not already bought = $100m plus 25% x $60m = $115m Plan B – Ryan buying 2nd hand equipment before publishing PFS, and remembering AR says $1.1m spent to day saving around $7m which for simplicity I’ll call an 80% discount or paying 20% of new equipment cost. So capex used in PFS becomes Civil works $40m plus 2nd hand equipment priced at 20% of new price of $60m (ie $12m) and total capex in PFS becomes $52m If PXC follow Plan A and publish PFS with a capex of $115m having said we have a bond facility of $80m ……. Some Private Investors say PXC is NOT funded, share price crashes, blame BoD for lying when they say bond money can build mine. However if PXC follow Plan B and publish PFS with capex of $52m, then with a bond facility of $80m everyone says ‘wow we even have a contingency on top of money to build the mine’ So, yes Plan B may take 3 months to buy equipment but the PFS when published will be VERY acceptable versus ‘shooting ourselves in the foot’ by following Plan A ! I hope that better illustrates why buying 2nd hand equipment is good for everyone, even if it means an extra 3 months before publishing NI 43 101 compliant financial/economic information in a PFS or indeed outside a PFS ! |
Posted at 30/5/2024 14:24 by investorman33 I went to AGM yesterday and met up with more than a dozen other Private Investors for a beer afterwards.Lots of detailed feedback posted on Telegram from those attending, but other than one person who felt he should be given price sensitive information in advance of it being released via an RNS by the company, which seemed to be driving a horse and cart through AIM regulations, insider trading laws etc(!!), everyone was very positive after the AGM. We know the broad timescales for production (as posted previously maybe late 2025, H1 2026, its really in the hands of US permitting guys), equipment buying and most construction going on in parallel with permitting process, so once permitting done there will not be a long delay before production. Permitting involves getting maybe 80 possible permits, but PXC may not need them all - as an example the biggest issues for permitting is water (surface, rivers, groundwater etc plus effect on fish), but PXC has no rivers passing close to mine, its drilled for water but closest water is 2,000 feet down below ground level, there are no fish ..... so PXC gets a clear pass, its using dry tailings so no issues with tailings dams or water pollution, pretty much everything except dry tailings will be on land owned by PXC, not leased ...... so permitting should not be an issue other than timing. NGO's can object but PXC have already taken most of the important ones to site and explained the whole mining process to them, so everything is being very transparent. For me the highlight was the unexpected attendance of the Bond Holder who stood up and gave a short speech ( 5 or 10 minutes) on why he invested (he wants to get into the 'green space for metals - PXC is first of a couple of investments he's looking at), he's in for the long haul (unspoken but he only makes real money by holding for a couple of years, he can't easily sell the number of shares he has and even bonds are not saleable if PXC does not get into production), he likes and trusts BoD hence no Board seat, he will support PXC if needed but if another investor takes more bonds, he has no objection ...... etc. He received an impromptu round of applause. Overall, probably one of the best AGM's, if not the best, I've ever been to. |
Posted at 19/5/2024 08:27 by klondykejohn Agree,RP.He is just another clown trying to undermine confidence in the PXC share price Best to get him filtered out. |
Posted at 16/5/2024 09:55 by klondykejohn As the bond sale is now complete, I will once again ask the question about the 20% of Empire that is owned by EXgen.Are they also included in the bonds or will they now lose that 20% and it reverts to PXC ownership. The bond sale is for getting the mine into production. Will Exgen now stump up their $20m or have PXC worked together with EXgen to jointly acquire the bonds. PXC is independent to EXgen, and it is my hope that this is a bond solely for PXC and not for EXgen which would make Exgen either stump up that 20% extra money or walk away. That 20% is a massive portion of costs, and also profits and this ultimately should be benefitting PXC shareholders. Perhaps DP will now confirm one way or the other about EXgen involvement in the bond agreements. |
Posted at 15/5/2024 23:33 by retirementplan Fairly sure that the deadline for PXC to prevent conversion was 6th May 2024. So they might not convert, but as their conversion price will be 20p, can't see they won't. (Which I am not in the least unhappy with).RNS 4th March: "The First Drawdown is convertible into shares of no par value in the Company at 20 pence per share (a 70% premium to the current share price) but cannot be converted for an initial period of 60 days after the First Drawdown, unless the Company's closing share price on the day prior to conversion is 30 pence or higher." |
Posted at 14/5/2024 15:03 by seagreen RP thanks for that, any idea what the official time scales are from the company?I still reckon we need the PFS all the licences and all the permits before people will invest in the bonds. They should have raised some initial interest free equity at a discount to 20p with warrants at 30p imho but I am not in charge but the share price would double overnight imho. I guess they can not get a strategic investor from one of the big boys until the PFS is finalised but that always propels the share price and gives a stamp of approval. |
Posted at 10/5/2024 15:34 by retirementplan No, kooba. If you think ADVFN posters have asked searching questions, the ones asked on Telegram over the last months have been much more cutting.IMO, bonds are going to close. Then, further equipment (2nd hand) will be bought. Then mine build, PFS and license application in parallel. I don't really care what happens in the short term. I want the dividends in my ISA, and the share price that the deep sulphides will create. I'm not trading this at all anymore. Just holding. Next week is likely to be a big one - the share price action is telling you that. GLA & DYOR. |
Posted at 10/5/2024 08:00 by retirementplan 1. Copper @ $4.69 as I write.2. AGM highly likely May 2024, so news via an AGM notice/agenda/accoun 3. 'PXC' believe they will be able to talk freely at the AGM about funding, which equals bonds are (really, really, really 🙂) going to close this time. 4. haveapunt1, if you have any PXC shares, SELL now, then buy back at 14p, if you are so certain they will be going down again. If you don't have any shares, why don't you have-a-punt?? 5. Very short term, no idea what the share price will do. Although, one might guess that FOMO has got to kick in at some point. Medium short term (AGM & June), fairly certain those that sold on Wednesday might regret. GLA. Especially the LTHs. Soon.....💪 |
Posted at 29/4/2024 09:13 by zb27 For an AIM resource company, PXC only have 149m shares in issue, and most are locked away.With PFS and Bonds imminent, both totally transformational, the small free float will put rocket boosters up PXC share price. I just look back at Nov, just a hint of bonds and the share price raced away to 40p. Same will happen this time and beyond hopefully. All about supply and demand, an inflexion point will arrive here very soon when PXC really races away. |
Posted at 23/4/2024 08:58 by 3weeksorso "Few years back, could never ever have imagined PXC at 12.5p on the cusp of funding news"This is most certainly not a good thing "Before any news lands IMO we will March up in the 30s" There is literally no chance of this. IF financing is procured, only then will we see a share price rise 30s. The wishful days of a 100p share price or more are long gone until the mine is making money |
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