Share Name Share Symbol Market Type Share ISIN Share Description
Phoenix Global. LSE:PGM London Ordinary Share VGG7060R1055 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 3.50p 3.40p 3.60p 3.50p 3.50p 3.50p 0 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Metals 0.0 -1.0 0.0 - 9.53

Phoenix Global. Share Discussion Threads

Showing 826 to 848 of 850 messages
Chat Pages: 34  33  32  31  30  29  28  27  26  25  24  23  Older
DateSubjectAuthorDiscuss
19/6/2018
21:53
https://www.bbc.co.uk/news/av/world-europe-44529509/will-norway-s-electric-plane-take-off
zaphod99
19/6/2018
06:51
http://www.proactiveinvestors.co.uk/companies/amp/news/199032"Cobalt-focused miners eye the perfect storm with demand set to double"
zaphod99
13/6/2018
21:34
It seems that the demand for cobalt will continue to increase for the foreseeable future despite efforts by some vehicle battery manufacturers to reduce or even remove it's usage in lithium-ion batteries.https://techxplore.com/news/2018-06-cobalt-free-batteries-goodbye.amp
zaphod99
12/6/2018
22:28
Bloomberg article on that Vale deal.https://www.bloomberg.com/amp/news/articles/2018-06-11/vale-signs-first-major-cobalt-deal-in-benchmark-for-battery-boomBig push to secure cobalt supplies from ethical producers outside of DRC.
zaphod99
12/6/2018
17:45
http://www.mining.com/wheaton-precious-metals-cobalt-27-acquire-cobalt-stream-vale-us690m/"Wheaton Precious Metals, Cobalt 27 acquire cobalt stream from Vale for US$690M"
zaphod99
12/6/2018
17:41
Interesting article on eCobalt, also based in Idaho.hTTps://www.streetwisereports.com/article/2018/05/29/the-only-us-based-primary-cobalt-mine-is-nearing-production.html
zaphod99
11/6/2018
22:01
Many thanks Snowyflake.All sounds very positive, especially regarding any financing solution that could result in no further dilution!That would be a major achievement assuming it was on reasonable terms, which seems likely.Thanks again and I look forward to seeing you again at the next PGM lunch meeting.
zaphod99
11/6/2018
21:08
MM - I obviously did not make the position clear and so I have amended the last paragraph of the post which please re-read.
snowyflake
11/6/2018
20:23
Many thanks for the information Snowyflake, So all lights on green it is then? You state there is demand for the stock, but yet I fail to see turnover? Must be soon to come then. And lets hope ADVFN will not follow the III site and basically kill the site! Vjeers, and thaks again.
moreminer
11/6/2018
19:58
I attended the AGM today. The general manager of the company Ryan McDermott had flown from the US for the meeting. I managed to have a chat with him before the meeting formally started. A very nice, knowledgeable and family guy. After the resolutions had been proposed and voted on affirmatively, Richard Wilkins, the FD, addressed the meeting and advised that the board's visit to New York had been very successful; in short it was good for the financing of the project. Whilst Richard made it clear that it would be unwise to completely rule any further share issue (no FD would unequivocally do so) he felt that the company could build the mine without any further shares being issued. Following presentations made by the board in NY the feeling was that the finance would be obtained without further dilution. CEO Dennis Thomas made the point that there is a finance meeting tomorrow led by Roger Turner to discuss the costs of the mine build but the costs are going to be reworked downwards which is good news. Richard W then make the point that whilst in NY financiers were keen to finance the mine build. Further it was possible that there would be a tie in to the US market by October this year. Ryan McDermott who after all is the man on the ground was invited to address the meeting. hThey have completed what they set out to achieve and the new drilling programme commenced on 1st June. They will complete sufficient drilling for the DFS which should be completed in September. There are currently two rigs operating on site with three more to come. There is a great demand for rigs in Idaho presently but as Dennis Thomas pointed out the company pays its bills on time and is not having difficulty sourcing rigs. He also made the point that Ryan should be complimented for the way he is conducting things. There is an updated map (it maybe on the company's website - I have not checked yet)Ryan pointed out that there is an orange coloured section at the top on the map which has been added to the licence in 2017/18. We now have 1774 acres which is more than adequate for the operation. The conversation changed to the cobalt tenements. There are currently 26 plans from us and others with the Salmon authority; we are one of the 26. We are working alongside many experts in the Idaho cobalt belt. Ryan said that they are going to complete the exploration plan for submission to the regulator for drilling in 2019. The regulators are very busy caused by the fact as Ryan explained they are understaffed but Ryan does not see any problem in getting permission for their plans. Dennis Thomas emphasised the Trump Effect; in short many commissions have been told to "get on with things". Ryan is certain that they will get permission for 2019, The fact that Iron Creek is next door and that whilst they are two years ahead of PGM. It should not be forgotten however that First Cobalt have acquired US Cobalt the owners of Iron Creek for just short of $150m or roughly £87 million but as it was said Iron Creek are two years ahead of us. Drilling rigs for every thing cobalt are pre-planned and there will be no problems. All in all it seems that all being well finance for the Empire mine should not be a problem; a listing on one of NY markets (OTC?)could be achieved by October, rigs do not seem to be a problem and there was a ring of confidence in the room. There is a demand for PGM stock which means that it can only be achieved for US investors by access to stock in the US since they cannot buy shares on AIM. Thus there has to be a US listing for such persons to buy the stock. Dennis Thomas even said that there are those in Mackay who see the equipment moving up the mountain who want shares in the company!
snowyflake
10/6/2018
20:51
Just a brief synopsis of anything interesting would be appreciated Snowyflake.
zaphod99
10/6/2018
18:58
zaphod99 - I am useless at posting links. I will have to get a lesson!!!
snowyflake
10/6/2018
18:07
I tend to avoid Twitter and Facebook snowyflake.If anything of interest pops up that's worth sharing, do please post it here.
zaphod99
09/6/2018
20:48
Good tweets coming through of metallurgical drilling taking place at Empire Mine.
snowyflake
08/6/2018
15:21
Incredible stuff going on over at Petropavlovsk - POG (formerly Peter Hambro Mining).Check out the last couple of news releases.So glad we're in Idaho, USA.Asia, Africa and Russia becoming even more dodgy with every passing day.
zaphod99
07/6/2018
21:29
Company has just tweeted - drillers are drilling through the night. Good to know.
snowyflake
07/6/2018
13:11
hTTps://www.weare121.com/121mininginvestment-new-york/phoenix-global-mining/Busy few months ahead......What are your key goals for the next 3, 6 and 12 months?3 MonthsCommence and continue our BFS programme including:25,000 feet of RC drilling(15,000 feet infill drilling &10,000 feet of step-out drilling) to increase resources' base.10,000 feet diamond drilling3,000 feet diamond drilling for further metallurgical testwork.Continue exploration of Idaho Cobalt Belt projects.6 MonthsComplete Empire Mine oxide drilling campaign, update resources and continue BFS work.Complete successful field exploration programme on the Idaho Cobalt Belt properties and plan for the 2019 drilling programme.Commence Gordon Lake gold exploration programme in NWT, Canada.12 MonthsCompletion of Bankable Feasibility Study.Commence formal permitting process for the Empire Mine oxide open pit.Continue exploration of the sulphide orebody of the Empire Mine.Commence the Idaho Cobalt Belt drilling programme.Continue the exploration and drilling of the Gordon Lake gold project.
zaphod99
05/6/2018
06:44
Dennis Thomas CEO is presenting for Phoenix Global at the 121 Mining Investment Conference in New York tomorrow 6th June at 10.20 am NY time.
snowyflake
04/6/2018
11:27
Thanks for the update Zaphod99. Much obliged.
shutittrev
04/6/2018
07:52
http://m.scmp.com/business/commodities/article/2149027/china-goes-all-out-secure-lithium-cobalt-supplies-key?amp=1"China goes all out to secure lithium, cobalt supplies – key to dominating the world electric car market""The emergence of electric vehicles has seen Chinese companies go on a global hunt to secure lithium resources. Now they are rapidly clinching deals to get hold of cobalt whose supply is even more concentrated geographically."
zaphod99
02/6/2018
14:51
US getting serious about electric vehicleshTTps://www.cnet.com/roadshow/news/2018-california-new-york-new-jersey-ev-investment/California, New York, New Jersey make a $1.29 billion investment in EVsThe money will go to programs to help further popularize electric vehicles as well as building out charging networks.by Kyle HyattJune 1, 2018 11:37 AM PDTWith automakers duking it out for electric vehicle supremacy, EV's are becoming a fairly common sight on the streets of America, and in New York, New Jersey and California they are about to get more common still.California has long been a bastion of electrification and already features a number of buying incentives as well as a relatively robust charging network. But as of today, it is effectively doubling down on an electric future with a $738 million allocation for projects that promote EVs.A charging station of Tesla in Beijing CBD. Tesla's salesCharging infrastructure in New York and New Jersey is about to get a big leg up thanks to an investment by both states.New York and New Jersey are riding the EV wave, too (presumably in response to criticism by The Pixies, re: sludge), with a combined $550 million investment in electric vehicle charging stations, including locations at airports, which is cool.What's interesting is that these significant investments come in the wake of the EPA's most unrighteous attempts to dismantle federal fuel economy standards. In fact, Bloomberg estimates that the US will have over 1 million electric vehicles on its roads by the end of 2018 and that we'll see 16 million EV's hit the streets by 2028.It will be interesting to see if this nearly $1.29 billion investment will spur other states into action, resulting in more charging stations and better incentives for people to switch from gasoline to electricity.
zaphod99
01/6/2018
07:05
Yes indeed snowyflake, thanks for picking that up. I do now recall the connection between the two.I've also just remembered Dennis mentioning that they've recently been granted permission to draw water from a nearby creek rather than have the expense and inconvenience of having to send it via tankers from the nearest town. Drilling requires a lot of water apparently and they now have a ready supply almost onsite. Further evidence, if any were needed, of the support they're receiving from the local community and local authorities.
zaphod99
31/5/2018
22:08
zaphod - admirable. You have mentioned the Sun Valley investors; that interest should be linked to your comment about 'yellow iron'the point being that there is a possibility that almost new equipment could be 'hired' which would reduce the mining capex considerably. However the discussions are at a very early stage and may not lead to an agreement. Were it to happen the investment criteria improves considerably. It could even lead to a case where the B almost comes out of the B in the bankable feasibility study. The board are very very keen to get into production as soon as possible. Whatever may have been said by some on this bb recently, the directors do have skin in the game and it should not be forgotten that Richard Wilkins and Roger Turner did well with Oxus Gold until certain events befell them. Richard made the point that he lost his pension over that and that his aim is to recover it with success with Phoenix. The argument continues for if he does well private investors do well.
snowyflake
Chat Pages: 34  33  32  31  30  29  28  27  26  25  24  23  Older
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