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I don't think they like Fridays for RNSs .......but perhaps if it's GR8* news to be ingested .....maybe a good idea!
Yes i had noticed that, but assumed that it implicated rns on th Friday the 3rd.
Both are Saturdays.......lol
We can only focus on the contents once we see them- so is it a given then that it'll (pfs) be visible by 4th of May!
An update comment this morning on ADVFN from Paul de Gruchy (PXC's Investor relations co-ordinator UK):-
"On timing of the PFS I was asked if it was on target for this month still and I answered along the lines of “there or thereabouts”. I’d urge people to focus on the content of the PFS: if it comes out on 27 April or 4 May it really isn’t material"
Gold flying sniffing out $2400
We have a great asset in one of the best jurisdiction
I recall Paul de Gruchy (PXC's Investor relations co-ordinator UK) posting somewhere that he strongly expects good news this month.....personally my guess is May into June based on the dates in the RNSs......
........We'll see!!
Nothing to see here then. Thought we may have been on the up for a minute the other day. Just another fluctuation
If they get bond’s done and/or pfs lam expecting 36p and above.
Phoenix Copper (PXC): Already back above its 50dma for the first time this year. Breaking the centre of a W shaped reversal near 12.8p. Above this could target 16.5p January price channel top before end of April.
The ducks are really lining up for us, PM’s are on fire. PFS based on current prices will look amazing.
Over 12.56p on a dummy sell.
Certainly heading in the right direction then!
Onwards and upwards.
Currently still within a trading range thats been up/down for months.
At a point where this could signal upwards if it passes. 12.75p
Who knows ?!?! but one thing we do know, when the SP moves it moves fast !!
I wouldn't be betting against the buying activity but as I said on Friday from past experience:-
"maybe an RNS in the pipeline.....seems to get a bit of buying in advance......and the subsequent sell off.....shows me that perhaps the knowledge of an RNS coming...but not the content....only the author/s know the content!"
my thoughts are that the content is secret but the knowledge of an RNS in the pipeline appears to leak......all IMO only...I don't know if I'm right on this?
That is kind of the point, to spot a trend at an early stage and spot when the momentum is shifting upwards. PXC looks like the SP is about to blow IMO
Unless the buys or sells have inside information I would still consider the technicals to be irrelevant.
They indicate buys are outweighing sells and the momentum is upwards. Technical analysis isn't related to income.
Surely technicals are irrelevant for a share that is not generating income?
The technicals are indicating PXC as a BUY. Should be a good Q2...;o))
A couple of hefty buys this morning, lets hope it's a good omen for rest of the week.
Is there any new news?
Yeah, what a relief when the bonds are FINALLY over the line. I hope the story the BoD have to tell when the news restrictions are lifted is worth the wait !
Blimey ! I’ve been hearing about it for what seems like …… Ever. BW