Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Adding more at 6p. Huge bid by MMs the demand is there.
“…Whatever course the market takes, PXEN seems better positioned than it has for some time, with a reliable income stream from two onshore assets, permit applications underway to drill five wells in Spain and three wells in Italy, and closure of its debt issues…”
https://total-market-solutions.com/2024/01/prospex-energy-plc-4/
Lots are liking the set up here which has rebounded nicely from lows. At the very least I'm in for a move back to 12-13p
At least I didn't claim we were going to 30p on first gas knowing full well my mate was in the process of selling his TR1 holding
Permits?
Major news afoot
Could have easily brought at 4.8p,but I didn't.saw two monster buys yesterday and still thought it would go lower,don't know the reason for rise but I do know the ttf is 34 euros ,my way of thinking is that it's much lower than 52 euros thus it will take longer to pay for the new wells in Italy and spain.good luck all and I will be trying to get in at a lower price.anybody know the reason for the rise after weeks of falls
Break 7p and off we go to 9/10p quickly.
Taken a while to clean-up the share register, but fundamentally strong and technically could be ready to really go again
Very encouraging
And just like magic.So contrived
#PXEN proving it moves quick - back-up 10%+ to 5.25.
Backdrop of TTF's increasing nicely again today with cold snap incoming across Europe.
https://twitter.com/TKIA_1/status/1743281564484591782
New buyers accumulating - not surprising with CLN Dec conversion highlighting anything under 6p is good value.
Ramper for your info my £20,000 agenda down the pan ? Lets hear more tripe from more of your hype !
Or indeed so many derampers.Amazing how fascinating you guys find a falling share.Surely you would have walked away unless you have an alternative agenda.Mmmm
Well the New Year carries on with a bumble along the bottom Dusty Bins comes to mind 3-2-1.
That many opinions on here with crossed fingers/lucky rabbit more akin to a Facebook share page.
Why does this failing share attract so much hype that appears to be tripe ?
Added.
always cautiously. but added a few.
Yes a totally non starter.
Islandgirl - yup it's closed - and can be opened only for emergencies (which of course will be harder and harder the longer it stays closed and is designated by the State). Main issue is oppostition from the population in the surroundings, mini earthquakes, and NL's green push: this leads me to believe that it won't be sold to anyone only to be opened up again.
Mark states very clearly in the interview and recent RNS; cash in bank and monthly revenue from 2 assets - Spain and Italy - will fund further organic development of these assets. Let's stick to the facts.
On separate note - Not sure people have grasped that £340k PXEN shares have been converted at circa 6.35p and the SP is 5p at over 25% discount.
https://twitter.com/TKIA_1/status/1741427710847602947
Thought they shut the Groningen gas field in Oct?
I did mention this some time ago,along with the broken turbine in Spain,I did guess Groningen,as that's the only place I know in north west Europe,going to cost 1 mill per drill in Spain and Italy but we only pay 37%.hope that helps.but even though we have steady income with only 175k of clans to be paid in march I have a hunch that a cash call might happen.so I await patiently ,
So a new asset looks likely?!
Yes but additional ones do.
We'll have plenty of time to save up given the time these permits are taking
You what MiKOX?
I told you until the CLN notes are gone at the end of March this ain't going anywhere.