RE: Mining Mega Deal - Anglo American/BHP25 Apr 2024 19:50
"BHP will have to dig deeper for Anglo American’s copper"
https://www.ft.com/content/a2aa1b76-a17f-4953-8e27-48dc05bf5cee
"Mining Giant BHP Bets on Copper With $39 Billion Bid for Anglo American"
https://www.investopedia.com/slug-placeholdermining-giant-bhp-bets-on-copper-with-usd39-billion-bid-for-anglo-american-8638762
"BHP-Anglo American potential merger: It’s all about copper"
https://www.mining.com/bhp-anglo-american-potential-merger-its-all-about-copper/
PFS now due any day, will put PXC firmly in the spotlight. IMO bonds will come in quick succession, and PXC will tick all the boxes...
PFS ✅️
Bond Issue ✅️
Permit for Empire - told no problem, an existing mine in a mining town ✅️
Product = Copper/Gold/Silver, all flying ✅️
Jurisdiction - Idaho, USA, one of the best Mining jurisdictions in the world ✅️
BOD/Staff - Made permanent moves with families to Idaho ✅️
Equipment- Already purchased and committed $1m+ on its way ✅️
Prospects - Huge huge Porphyry to discover. Only 1% explored to date, so potential in years to come is huge ✅️
At close to all time lows here, only way is up, smart money loading up right now.
Last time Copper Price hovering at today's price, PXC was comfortably over 50p!! And was 38p in anticipation of bonds just a few months back, many simply don't realise when PXC moves, it will move fast, free float is very small. Quite a unique situation.
DYOR