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I am also in for atleast 2 years, get in production, this will be a completely different beast. Free cash flow would be more than £1m+ a week at current prices!
I am just impatient for news :) so much news to look forward to. Can't wait for the EM Surveys and especially the sulphide assays, hoping they will be spectacular!
And another 115k buy pops up after close ;)
As I have said a few times now, they are clearly filling some big orders, buys are multiples of sells last 2 days, yet they drop it. They can play all the games they want, not going to be selling a bean!
I reckon they panicked with the ADR's unexpected news. Big boys will know whats coming here, UK II loading up, before the door opens for US II in september!
For those who are not invested, fully researching PXC will pay BIG!
SP
Agree that the next few weeks will be interesting. Its the next two years I’m holding out for ;)
Great Week.
Touched 85p, shows how fast this can move.
Surely some news next week. EM surveys now well overdue.
Would be very interesting to know where we are come end of sept/oct, guessing SIGNIFICANTLY higher from these levels.
Plenty of block buys again. Buys v sells 2:1, and 3:1 yesterday, still decided to drop.
2 x 20k buy right on the bell.
Lets see what next week brings!
Yes the terrace is a bit perplexing given the news yesterday.
I didn't expect fireworks but didn't expect a drop.
That said it's only a small drop after a decent sustained rise so it's all good.
As you say, won't beer long until ADRs (approval permitting). Aside from results before then and any other news.
Give it 6-8 weeks or so and BNY will need to buy here to start the ADR scheme on OTC.
All good
"Our geologists have visually identified a mix of sulphides that include, but are not limited to, chalcopyrite, chalcocite, galena, argentiferous galena, bornite, sphalerite, and molybdenite occurring in hole number KXD21-02 at concentrations up to 25% sulphide minerals from a depth of 173 metres over 7.9 metres. The mineralisation then becomes more intense at 181 metres over a 4.7 metre interval and increases to approximately 75% total sulphides.
"This 12.6 metre intercept sits just below and to the east of the historical 1100-level underground workings. The true thickness of the intercept has not been defined by the single drillhole but will become more defined with additional drilling.
I'm bit shocked at the retrace anyway it won't last long before next major rise, adr trading next month and we should have drill results anytime
I fully agree. The management strategy to grow the business and reflect this in the SP is fantastic. They approach to PI is responsible and respectful. This is one of the best shares I had so far.
Today news highlights my investment case and I’m planning on a long term holdings this is very nice to see the direction the management planned out and cementing it . It’s nice to see the rise but there is so much more to come .
Seems like a few mm shenanigans going on today.
A 150k buy right on the bell at 8:02 this morning shows up now. With this mornings big news they maybe thought the share price is going to run away, decided to clamp down and collect some shares!
Lets see what happens over the next 1-2 weeks, and we will find our answer!
Great opportunity for anyone looking to top up. Many of you did, Buys outweighed sells nearly 3:1, just says it all!!
IMHO
I think we will see some deep dip due to a need to get those shares for US at the lowest possible price. That's the margin for these guys. Easy to sell difficult to buy...
To me it seems like they are on a fishing expedition for more shares!
Big buys this morning yet they drag it down.
What are the chances it rockets upwards later...
Looks like warrants converting or a big seller..? 50k and 100k lump buys not moving it, should fly at some point though
They must have information on resources perhaps
"BNY Mellon is the market leading depositary bank in the global depositary receipt business, providing OTC ADR Programs to numerous companies, including FTSE100 companies and mining companies
All these big buys around 80p bodes very well and sets a good platform for the months ahead.
Someone is hoovering up everything around this level. Can't fathom why anyone would sell now BEFORE all the newsflow starts.
Onwards and upwards towards £1 billion+. Patience will well and truly be rewarded here.
DYOR
another 50k there
Thanks BilliB. Someone counting on a fast profit ;-) I bet we see them selling end of year to ADR - can be only a good sign.
By debt star. Hope that helps.