Phoenix Global Mining Share Discussion Threads

[gersemi] 29/6/2017 11:59

The thread needs a chart

[zaphod99] 29/6/2017 09:20

First day of trading and nice new website

[marmar80] 26/6/2017 11:10

Sets or Seaq?

[stopeminer] 26/6/2017 11:06

Trading on the 29th!

[zaphod99] 19/6/2017 21:34

Flotation on AIM has been confirmed for Thursday 29th June.
Exciting times ahead.

[zaphod99] 13/5/2017 14:23

Website has been updated.

Updated company presentation available for download


All systems go for public placing at end of the month.

Exciting times ahead and very pleased that this project is based in the safe-haven of USA given all the troubles some of the world's largest miners are experiencing in countries like Chile and Indonesia.

[zaphod99] 05/3/2017 20:48

Yep, bumped into Richard Wilkins in London midweek and it's all looking good for IPO in middle of May.

[marmar80] 21/2/2017 10:16

Is everything going ahead as planned?

[zaphod99] 21/2/2017 10:14

Copper outlook

[marmar80] 10/2/2017 00:21

Have you seen my recent post on Oxus thread?

[zaphod99] 31/1/2017 22:22

News release on the PGM website.

extract
"23 January 2017 - Phoenix Global Mining Limited (‘Phoenix’ or the ‘Company’) is pleased to announce that it has commissioned SRK Exploration Services Ltd to prepare an updated and JORC compliant resource estimate on the Company’s brownfield copper, gold, silver Empire Mine project in Idaho, USA."

The IPO will be timed to include the JORC report so it's likely to go ahead in Q2 rather than Q1 (probably May). The inclusion of the JORC report should underpin the IPO and hopefully generate even more interest, particularly among larger institutions.

The full release is available on the website

[wilburylover1] 21/1/2017 11:37

According to what Zaphod99 posted earlier marmar80 late February 2017 seems what they are aiming at this is what he posted.


Check out their website for extensive research reports and company presentations:



Latest press release confirms that they are well on the way to a listing on AIM around Feb 2017:

Also, this news bulletin which shareholders received yesterday gives a nice concise summary of recent events and future plans. I'm sure they won't mind me sharing it here:

Dear xxxxx,

As the Festive Season approaches in the not-too-distant future, I trust this finds you well and I am very pleased to send you an updated bulletin on the positive developments that are happening in Phoenix Global Mining Ltd’s world.

Your Board has, over the past few months, maintained its progress in moving the Empire Mine project forward, adding further knowledge and goodwill to the project thanks to our local representation on the ground in Idaho, and also at a corporate level, where we have looked at a range of options open to us for taking your Company public, including the possible merging into or RTO of an existing public company as was indicated in my last bulletin. As a result of our experiences and considering advice from leading specialists in the City of London, I am very happy to report that we are commencing the process of submitting our own application for an IPO on the London Stock Exchange’s Alternative Investment Market (AIM) with Admission to AIM currently scheduled for late February 2017.

We are currently closing our pre-IPO funding and, in preparation for our listing, commencing the formalities that we will need to undertake for our submission to AIM for the listing. In that regard, we have already engaged SRK Exploration of Cardiff to author the required Competent Person’s Report, which, at the time of writing, is almost complete along with the required audit of our accounts.

Additionally, we have signed the Supplemental Agreement with ExGen Resources which enables us to complete the acquisition of 80% of the Empire project on closing the IPO. I attach a copy of our recent news release, as well as an updated research note from Keith Bayley Rogers, one of our joint brokers. This information is also available on our website, www.pgmining.com, which has also been updated recently.

I see the ongoing sequence of events as follows:

· Prior to IPO, we will commission SRK to update the 1997 historical resources to a modern JORC compliant resources by inclusion of the assay data from the 67 new holes that have been drilled into the orebody since that time. It is anticipated that these updated resources’ results will be available shortly after our IPO.

· On closing the IPO, we will acquire 80% control of the Empire Mine SPV, Konnex Resources.

· Post IPO, we anticipate announcing the commencement on our programme of opening up the old underground workings of the Empire Mine in order to continue the work carried out by the US Bureau of Mines in 1943.

· We will be re-examining the existing drill core which is stored in the Mackay core shed and will announce, when results are obtained, the analysis of this core for additional metals, such as tungsten, molybdenum and cobalt which have not been accounted for in the past.

· We then anticipate announcing the results of our underground sampling programme, where we will be looking at the deeper primary sulphide potential for copper, gold, silver, zinc, tungsten molybdenum and cobalt

· From this we will then generate an independent consultant’s report which will consolidate and summarise the first 8 months’ post IPO programme outlined above.

· We will announce the commencement of our diamond drilling programme the intention of which will be to further upgrade oxide reserves and indicate our underground sulphide resources potential at depth.

· Following the drilling programme, we will produce an updated grade and tonnage for the enhanced oxide and sulphide reserves and resources.

· At the end of the first year-end, we will then produce a further independent technical report with detailed next-stage work programme and budget.

I view the Company’s future very positively and am excited with the prospect of taking Phoenix to AIM, which may be especially timely in the light of the recent copper price rise. I thank you for your continued support and will endeavour to keep you informed of our progress as we go forward. Your board remains available to answer any questions you may have and I look forward to a good future for all we stakeholders.

With best wishes and regards,

Dennis

Dennis Thomas
Chief Executive Officer | Phoenix Global Mining Ltd

[marmar80] 14/1/2017 20:41

Do we already know the flotation date? Also, can any of you working directly for PGM advise if the company will be available also on Saxo platform?

[zaphod99] 14/1/2017 18:19

Why Copper Prices Are Likely To Sustain Recent Gains This Year

[am78] 23/11/2016 13:59

Just thought the directors might want to know the witch is dead ..
Rumours hit Tashkent that Uzbek princess Gulnara Karimova is dead hxxp://dailym.ai/2ghClsE via hxxp://dailym.ai/android

[zaphod99] 21/11/2016 21:42

Looks like Trump is proposing to cut the corporate tax rate from 35% to 15% which could make a massive difference to the bottom line.

[wilburylover1] 20/11/2016 19:48

Thank you Richard I have emailed using the web contact page.

[marmar80] 19/11/2016 12:40

I'm quite sure that I won't be able to trade it via Saxo account.. For this reason, can you guys approach Saxo Bank directly to make sure they will add this company to their online trading list? It will open the door to many potential buyers and reduce the purchase price to £8 only (min).

[tribal dance] 19/11/2016 11:10

wilburylover1: if you wish to, please contact the company via the website. You could email using the web contact page, or email me directly using the email on the presentation contact page. You can find the presentation on the website. It would be good to have you on board. Richard Wilkins

[marmar80] 19/11/2016 00:34

I can only imagine how many of us would be here if OXS won the appeal..

[wilburylover1] 18/11/2016 20:53

I'm new to this bb and also was and still is an Oxus share holder awaiting the out come and would be interested in this new gold mining venture and would like to know how to get on board never done this before.

[stopeminer] 18/11/2016 17:29

And the "phoenix" will rise from the ashes! The copper price is working with us as well. We have a good team, supportive advisors and the local community are 99% behind us in the development of this mine. Thanks for the setting up this thread. Roger Turner.

[tribal dance] 18/11/2016 17:11

Great to see you here Zaphod99! Welcome aboard, and thanks for setting up this thread. Suffice to say, we are really excited about the prospect of developing the Empire mine in Idaho. And it's nice to be operating in a safe jurisdiction. And we own the project, without having to worry about a joint venture with government. After the horrors of Oxus, let's hope this really is a case of the Empire strikes back! Also think the Trump effect might actually help - already appears to be lifting the copper price, and he has also indicated that he expects to cut corporate tax rates.

[zaphod99] 18/11/2016 16:36

As mentioned in the above bulletin they're currently closing their pre-IPO funding and fortunately there's a window of opportunity for us PIs to get involved now on more favourable terms than the likely IPO price when they float in a few months.

Following extensive discussions with the CFO Richard Wilkins whom I know from Oxus Gold days, I've already invested. It's probably not appropriate to mention the terms here but I can say that I didn't have to think too long and hard before deciding to invest now rather than wait until the IPO.

The process was quick and straightforward with no dealing costs, taxes or stamp duty to pay and I received the share certificate within a couple of days.

I've made Richard aware of this thread so if anyone is interested in getting involved pre-IPO I suggest registering your interest by posting here and hopefully he can advise on how to get involved and answer any questions.

Exciting times ahead!

[zaphod99] 18/11/2016 15:16

Check out their website for extensive research reports and company presentations:



Latest press release confirms that they are well on the way to a listing on AIM around Feb 2017:

Also, this news bulletin which shareholders received yesterday gives a nice concise summary of recent events and future plans. I'm sure they won't mind me sharing it here:

Dear xxxxx,

As the Festive Season approaches in the not-too-distant future, I trust this finds you well and I am very pleased to send you an updated bulletin on the positive developments that are happening in Phoenix Global Mining Ltd’s world.

Your Board has, over the past few months, maintained its progress in moving the Empire Mine project forward, adding further knowledge and goodwill to the project thanks to our local representation on the ground in Idaho, and also at a corporate level, where we have looked at a range of options open to us for taking your Company public, including the possible merging into or RTO of an existing public company as was indicated in my last bulletin. As a result of our experiences and considering advice from leading specialists in the City of London, I am very happy to report that we are commencing the process of submitting our own application for an IPO on the London Stock Exchange’s Alternative Investment Market (AIM) with Admission to AIM currently scheduled for late February 2017.

We are currently closing our pre-IPO funding and, in preparation for our listing, commencing the formalities that we will need to undertake for our submission to AIM for the listing. In that regard, we have already engaged SRK Exploration of Cardiff to author the required Competent Person’s Report, which, at the time of writing, is almost complete along with the required audit of our accounts.

Additionally, we have signed the Supplemental Agreement with ExGen Resources which enables us to complete the acquisition of 80% of the Empire project on closing the IPO. I attach a copy of our recent news release, as well as an updated research note from Keith Bayley Rogers, one of our joint brokers. This information is also available on our website, www.pgmining.com, which has also been updated recently.

I see the ongoing sequence of events as follows:

· Prior to IPO, we will commission SRK to update the 1997 historical resources to a modern JORC compliant resources by inclusion of the assay data from the 67 new holes that have been drilled into the orebody since that time. It is anticipated that these updated resources’ results will be available shortly after our IPO.

· On closing the IPO, we will acquire 80% control of the Empire Mine SPV, Konnex Resources.

· Post IPO, we anticipate announcing the commencement on our programme of opening up the old underground workings of the Empire Mine in order to continue the work carried out by the US Bureau of Mines in 1943.

· We will be re-examining the existing drill core which is stored in the Mackay core shed and will announce, when results are obtained, the analysis of this core for additional metals, such as tungsten, molybdenum and cobalt which have not been accounted for in the past.

· We then anticipate announcing the results of our underground sampling programme, where we will be looking at the deeper primary sulphide potential for copper, gold, silver, zinc, tungsten molybdenum and cobalt

· From this we will then generate an independent consultant’s report which will consolidate and summarise the first 8 months’ post IPO programme outlined above.

· We will announce the commencement of our diamond drilling programme the intention of which will be to further upgrade oxide reserves and indicate our underground sulphide resources potential at depth.

· Following the drilling programme, we will produce an updated grade and tonnage for the enhanced oxide and sulphide reserves and resources.

· At the end of the first year-end, we will then produce a further independent technical report with detailed next-stage work programme and budget.

I view the Company’s future very positively and am excited with the prospect of taking Phoenix to AIM, which may be especially timely in the light of the recent copper price rise. I thank you for your continued support and will endeavour to keep you informed of our progress as we go forward. Your board remains available to answer any questions you may have and I look forward to a good future for all we stakeholders.

With best wishes and regards,

Dennis

Dennis Thomas
Chief Executive Officer | Phoenix Global Mining Ltd