Member Info for Albatross747

Crazyyear have you sold £3 into the bid just to give yourself deramping ammo

Very politically risky for them to burn a foreign listed company

Yes remember that the head of the RKAB licensing was also arrested so this is state corruption too and I believe a state mining company was also under investigation. They’re not just going to scrap the whole mining area

Anyone have an account with the mining journal want to post the article here? Can’t be bothered to sign up

Bloggs if kmuk got a billion but didn’t give any to Kodal you think Kodals value doesn’t change?

The board would be in for a serious lawsuit if that’s the case.

Bearded dragon I get the feeling you haggle in Poundland

I’m around about there with you lifesgood. Time to spin the wheel

LSE doesn’t have the same rules so may not be halted here.

They won’t break silence till they have a full update I think

You can’t file accounts if you don’t know if you still have your main asset. This isn’t a surprise. Also Crazyyear consider getting a life

Also important to note that it hasn’t been addressed by RNS. Various assumptions to be made about why

Bunsen we basically know nothing, all just news in the Indonesian press. Last big news was in September when they seized a load of assets and arrested the director. Then last week popped up in an article about a separate case but no real update.

Calm before the storm

Both those 4m trades look like buys. Someone loading up with nearly 2% of the company. Free float must be getting so tight

Warning AI speculation.

What this means for PYX

∙ PT IM appears to be moving from active investigation target to resolved/prior case

∙ The fraud pattern is identical — buying illegal artisanal zircon and washing it through legitimate licences

∙ PYX/PT IM cooperating has likely helped build the KBM case

One thing we really need to know is if the seized mining equipment will be returned

I’d say this is a positive update we already knew the subsidiary was under investigation now they’re referring to it as a previous case and still alleged. It’s super wide spread corruption hopefully the parent companies get to reestablish the subs and get back to it.

Not got much of anything. Might just be dead till news out

Might be cleaner than having another mystery 95% on the books just to have the 2 fully paid shipments