Share Name Share Symbol Market Type Share ISIN Share Description
Phoenix Global. LSE:PGM London Ordinary Share VGG7060R1139 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.00p -2.78% 35.00p 33.00p 37.00p 36.00p 35.00p 36.00p 1,455 11:09:59
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Metals 0.0 -1.0 0.0 - 95.30

Phoenix Global. Share Discussion Threads

Showing 901 to 924 of 925 messages
Chat Pages: 37  36  35  34  33  32  31  30  29  28  27  26  Older
DateSubjectAuthorDiscuss
25/9/2018
08:30
Extract from broker note by Brandon Hill Capital:CommentThis is another excellent set of drill results and lends much support to our argument in the last flashnote that BHC expects a significant increase in the size of the ore resource when it is recalculated.In the highlights, the first two holes were drilled within the proposed open pit to upgrade the inferred resources whereas the other 5 holes were drilled outside the open pit.The grades are reported as copper equivalent grades which is a departure from the norm for Phoenix. This does not detract from the fact that some of the holes have very good copper grades, as shown in the Phoenix press release. However, it does show that there are some very good zinc, gold and silver grades in the anticipated open pit. This could sway management's thinking about a simple heap leach for copper only. If an agitated or tanked leach were to be used, the costs would rise, but the recoveries would go up by around 50% and the gold and silver could be taken up front instead of when the copper leach is completed in around 10 years' time. Because such a circuit would require a grinding circuit, it would also facilitate the processing of sulphides once the oxide mining was complete.Five of the reported holes were primarily in bornite and chalcopyrite copper sulphide mineralisation. Exactly which holes they were was not disclosed, but as most of the holes were relatively shallow, it suggests that the sulphide zone starts at a shallow depth and may confirmed the presence of sulphide mineralisation beneath the oxide open pit.Phoenix also reported the discovery of a new zone of surface mineralisation in the Empire block, now referred to as Red Star. Red Star is located approximately 330m north-west of the northern end of the Empire resource area and is a 20m-wide surface outcrop across the structure. The mineralisation is a mix of oxides and sulphides, with strong chrysocolla and bornite showings, exposed in a heavily timbered canyon. There is a distinct possibility that the northern end of the Empire resource area could extend all the way to Red Star.Hole KX18-44 reported 19.8m of 1.88% copper including 7.6m of 4.23%, and 1.6m of 8.85% copper, all of which sits below the Empire PEA pit shell and is expected to have a positive effect on the expansion of the resource in that area.
zaphod99
24/9/2018
16:14
and do not miss the fact that once listed on the OTC the shares are fungible - a wonderful word in itself.
snowyflake
24/9/2018
15:47
Snowyflake I totally agree. As I said in my post 347 in reply to your post 346 Denis’s comments “ game changing” are very significant.....and people are starting to pick up on our valuation, and that it should be a lot higher... The OTC listing will also highlight our valuation in comparison to others .....and get our valuation rerated upwards by at least 100% hopefully g
goldrush
24/9/2018
14:47
goldrush - in my view the rns last week supports the argument that Phoenix is undervalued on merit.
snowyflake
24/9/2018
11:26
No 17 on the high risers Toplist...about time from such a low base !!....IMHO
goldrush
24/9/2018
11:11
Guys Looks like some people are starting to dip their toes in here..... US listing only a few weeks away....and they would not go through all this without ensuring they will get the word out in the USA....there must be a PR Roadshow etc
goldrush
18/9/2018
12:41
Meanwhile, the DRC becomes and even less attractive country in which to be mining cobalt.Look forward to updates regarding our cobalt prospects in due course.hTTp://www.mining.com/web/glencore-china-moly-face-higher-cobalt-royalty-taxes-congo/
zaphod99
18/9/2018
09:04
If Oxus wins appeal and some money will be returned to us, I'll get some here via new broker. Now Saxo, my current broker, doesnt offer Phoenix on their online platform.
marmar80
18/9/2018
08:56
Indeed. Not active yet.hTTps://www.otcmarkets.com/stock/PGMLF/overview
zaphod99
18/9/2018
08:50
marmar80 - shortly to be listed in the US
snowyflake
18/9/2018
08:46
Morning. Is PGM also listed on US market?
marmar80
18/9/2018
08:18
Nice quote : These results are "game changing" for the Company
alcopop
18/9/2018
08:03
hTTps://www.investegate.co.uk/phoenix-globalmining--pgm-/rns/2018-empire-drilling-programme/201809180700060357B/
zaphod99
18/9/2018
07:51
Snowyflake Great drilling results....this is exactly what will excite our US cousins !! And to use words like “ game changing ....” in the RNS..... IMHO
goldrush
18/9/2018
07:20
I can tell from the enthusiasm with which Dennis Thomas has presented these latest results that he and his team are excited by what they are finding. Alcopop - agree with your comment on Friday that this is undervalued. Let us see what the Americans make of it on the US listing/
snowyflake
14/9/2018
17:02
Good finish to the week ?Still massively undervalued
alcopop
11/9/2018
19:07
Cobalt commentaryhttps://semiengineering.com/cobalt-shortages-ahead/
zaphod99
04/9/2018
08:37
Encouraging drilling resultshttps://www.investegate.co.uk/phoenix-globalmining--pgm-/rns/drilling-results/201809040700046339Z/
zaphod99
30/8/2018
10:18
zaphod99 You have made a determined reply, regardless of where CMCL are operating they stated exactly the same reasons as PGM. Nothing happened to their shares, in fact on the contrary, the consolidation from 50p to £5 simply killed AIM investors appetite and the stock fell to £4.30p at one point. You suggest that the next placing will be filled by US investors, well let me tell you something, do you think these investors will want to come into junior play at a premium to market - no chance, it will be based on the AIM comparable price at the time. In the meantime this stock can be easily manipulated (down) by the usual market shenanigans that occur on AIM. I am amazed how directors, let alone PR 'gurus' have no understanding on how the AIM works. Good luck, let us chat again at 25p.
the_debt_collector
30/8/2018
10:01
Cobalt forecasthttp://euanmearns.com/batteries-mine-production-lithium-and-the-cobalt-crunch/
zaphod99
29/8/2018
08:34
Updated presentation on the website:https://static1.squarespace.com/static/5914577386e6c0cd77e15c74/t/5b69fe0b2b6a28df76f5dffb/1533672988782/PGM+Aug+2018+Presentation+FINAL+Updated.pdf
zaphod99
27/8/2018
20:20
I'm not sure that direct comparisons with a company like CMCL, who are also dual-listed on AIM and NYSE OTCQX, makes much sense. Phoenix's operations are 100% based in North America whereas Caledonia Mining have 0% of their operations in North America and their primary focus is in fact in Zimbabwe which has got to be at opposite end of the scale in terms of safe countries in which to operate. Not sure that I'd be brave enough to invest in ANY company in Zimbabwe! A very high risk jurisdiction which might explain the lack of interest by US investors. PGM's management have clearly stated that there has been considerable appetite at both institutional level, with declared interest by financial institutions in New York to get involved in the financing of the project, but also from private investors in the areas surrounding the mines who are witnessing first hand the operational activity in the area. If there's to be any further placing in the near future it's likely to be to specifically satisfy initial US demand and to create liquidity on OTCQX rather than on AIM at the current low share price One thing is for sure, junior mining companies tend to be rated and valued significantly higher on OTCQX than on AIM which may make PGM more attractive to US investors when peer-group comparisons are made. Can't really see PGM being an attractive shorting proposition, especially at the current undervalued share price since there surely can't be much scope for further drops. Shorting normally works better with companies that are perceived to be overvalued rather than undervalued and trying to perform some sort of arbitrage strategy between the two markets wouldn't be possible. Also, you just never know when a rerating might kick off which could result in having to pay considerably more to close out any short positions. On the operational side, we've only had drilling results from one hole so far, so we can expect further results soon. Following the success of the last lunch meeting with some of the PGM directors I'll get in touch with them to propose another sometime in September. Will post again when I have a date.
zaphod99
26/8/2018
10:51
If they think the consolidation will drive a re-rate then think again, CMCL tried the same, citing demand for shares etc, the re-rate never came neither did increased volume, in fact one wonders if the cost will be worth it at all. The BOD are clearly bemused that their share price has not reflected 'progress' but forget the market punishes co's with no revenue. Mr Shorter knows one simple phone call to a friendly broker at the next placing will allow the short to be closed. Rinse and repeat. The consolidation will allow further share price erosion, just wait and see.
the_debt_collector
26/8/2018
09:01
Thanks zaphod.
alcopop
Chat Pages: 37  36  35  34  33  32  31  30  29  28  27  26  Older
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:43 V: D:20180926 12:41:08