PYX Resources: Achieving volume and diversification milestones. Watch the video here.
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Here's our Graham with a quick reminder.
https://www.proactiveinvestors.co.uk/companies/news/920388/bahamas-petroleum-signs-rig-contract-for-hotly-anticipated-perseverance-1-exploration-well-920388.html
Hi Minimil
If you drill down into the RNS and other DD - they have the required funding.
However are looking @ cheaper alternatives. One of which they have just achieved with The Stena partnership.
IMHO There will be more to follow including IMHO -BG involvement, Bizzell CLN cheaper and more Family Office involvement.
Not to mention a consortium of Farminees.
GL mon ami
IK
XX
@Int.. I'm sure I read in the 26 May RNS (drill contract..) they were still looking at ways to pay for the drill.
Hi Minimil
There is no “deficit.”
They have all Perseverance 1 drill costs covered I.e. $35+ million.
X
Happy to see sp double to 6p. Raise £15m through an open offer between 5-6p. Will fill the drill deficit so 100% funded with a contract.
Wrong again
have to ask on the basis of what , the share price only came down from 5po because of covid and the uncertainty, I think most people have had enough and want to get on with it . It would take a lot of selling to get back to 2p and the only sellers should be day traders because we have 6 months max to know how far we can go in this first stage , if your a Bahamian investor who put in 10M at 2p why would you sell at 3p. People have been saying Tesla will be back at $100 for 6 months and Shop back below 70$, Anything can happen lets see
Do peeps still think this will drop to 2p tomorrow?
Looks like it's still in auction.
Nice strong finish,looking good for tommorows opening.
This has all the hallmarks of a steady rise to 7p just like two years ago, except this time we have a Rig Contract signed AND Funding options.
3.15p getting paid