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Bought at 22.5 hoping for 100% profit this time next year.
I was anticipating a much steeper response today tbh. However as per my precious posts, the trouble ATM is the market is so subdued it's unbelievable.
Someone's sucked the appetite out of the markets of aim etc
Hopefully th rise will be steady and over the coming days / weeks
Don't be fooled by todays SP action. Copper assets are in big demand, look at the sums $$$ the big boys are prepared to pay to get their hands on Copper assets. Hold for Gold...and Silver and Tungsten and ......
Im very surprised at the SP….I didn’t expect to still be 50% down after funding dropped. Expect a rise leading up to the AGM though and as news filters through. Good luck all.
Only 150m shares in issue
once AGM confirms and first $5m tranche received May 31st then its should move SP as more LTH positions likely taken
I said yesterday AIM could be a bit strange at times and today seems a good example !
Really surprised we are not in the 30s at least after the news
I can only assume there are still many many traders here who sell en masse into a decent rise??
Hopefully we will get more news before AGM and more holders will have sticky fingers??
I think once the dust has settled and the prospects for the company are fully digested (plus the traders exit) the SP will pick up momentum. Target at least 30p+ by say June? Plus the PR is going to restart. There is lots to talk about ! Maybe a webinar with the BoD and Donald Pond.
With funding sorted, and very easily accrued. Supreme confidence going forward with huge reserves and the prices of copper gold and silver way above anything the company could have hoped for when they started the project.
£1 plus by the year end.
They need to get the PFS out there to address the concerns on the processing route
20-26p/sh is a really sticky patch. We need something to power through it. Traders in control now. Funny how liquidity suddenly returns to let the traders trade. ...:0/
Looking like its take profit friday, hardly surprising when traders bought in the low teens.
ATB Ducks.
It's the traders and sell on news brigade.
Next week it could run upto 50-60p and no one would bat an eyelid.
Bond Issue which is totally transformational for PXC which everyone was waiting for, and unlocks the entire project, is done. However share price stays exactly the same, and added no value YET, like nothing has happened LOL. Markets are truly insane.
I guess a massive opportunity to load up for those that can see past 24hrs of shenanigans.
What would everyone say if someone told them, day after Bond Issue you will be able to buy under 20p, you would have been laughed at!
You could have sold at more than todays price only a few days ago BEFORE the blockbuster RNS, how does that even make any sense LMAO
I will patiently wait for the big rerate, and load up . DYOR
If you look at the SP rise from mid-oct 23 to Nov it went from 15p - 39p over about 6x weeks. Similar trading pattern too, rise, pull back, rise etc. 40p by end of June still on...;o)))
I think Antibacterial may be correct and the market may need more details via PFS.
That will remove any doubt.
AIMHO
Looking like take profit friday could turn into wouldn't want to to be out of this over the weekend!
ATB Ducks.
Lol....well i've just bought some more. I don't want to be out over the weekend !
AIM is pathetic. Speculation moves prices more than actual news.
I really don’t think there’s too much mystery behind this retrace, it’s simple there was plenty of locked in profit when the stock opened 40% up yesterday that had neither insight or patience to sit on the profits they had any longer - it looks like those types are finally clearing now
Yes the markets changed considerably over the last 5 years - most so the last 12 months where it’s now gamblers anonymous last chance saloon traders
But as I say looks like these finally clearing and an uptrend beginning
DYOR
Who would of thought, copper @ $5, Silver $30.5 & gold $2,400, $80m bond funding raised......and the SP fking 20p !?!?!?!
copper & PM's flying again
All the metals we have in the ground are absolutely flying with seemingly no stopping them.
Copper has rocketed and will continue to do so as it’s become long very rare.
Can’t see Phoenix lasting to long on their own!
A rock solid buy.
Exactly. Copper ATH's broken.
One would think PXC would be smashing ATH of 75p after Copper Bond is complete. Let's see where we are in a few weeks when the dust settles. Any small companies dream what they have just delivered.
Shows markets are totally broken. Nothing make sense anymore. As commented hardly any investors left, just a gang of traders in for a few bucks here or there.
I know PXC has a small number of shares available compared to other explorers, but I can't believe comparatively how quiet it is on here and how small the movement has been on such big news.
PM’s and Copper are flying again. PXC Sp has surely got to react to this at some point. We will have over £800m+ worth of chatter in the open pit alone very soon at this create of knots
An AIM minnow getting $80m of funding without production and without a PFS/BFS is very rare. This share price will react when least expected.
Took their sweet time but finally they got it over the line so credit where its due, regardless of who the bondholder is and how colourful they may be. Hopefully now more information could be fed to the market so we are not in the dark or being given constant slipped timelines