Member Info for Antibacterial

Political risk is Africa is huge and I imagine that's why this stock is held back atm - getting the rights to mine and operate on a fair (covering equity / taxation / royalty / right to export the gold / recoup, costs loans and profits in US $) deal structure with the govt will be what unleashes this - not yet more drilling results.

ORR need to be careful they do not prove up too good a project that tempts nationalist tendencies before locking down the next step. IMHO DYOR

GoH a big element of de-risking is political risk management which can be tricky in Africa - I wonder if there could be blow back from the UK introducing visa ban on Cameroonians and ORR is LSE listed......

We got op updates in the first weeks of jan and feb so one should drop this week...

What are the views on the rather lumpy 'unknown' trades going through? A big buyer or a big seller in the know ...... ?

Pity the board not telling the story. GoH below spot on. CEO must perform for the owners or go.

WAS dont be naive mate - this bod dont need to 'buy' shares with real money, they dole them out to themselves periodically in lieu of salaries. Which salaries are unjustified in quantum given the MC and repeated failure to deliver on production targets but .... hey ho .... the remuneration committee is part of the same club ..... dyor gla

Is BCM listed somewhere?

The Market is so predictable - good results announced and the price gets worked downwards (temporarily I hope!)

GoH so why is it floundering / stuck? Is it lack of effecting communicating / marketing the story? Bres are marketing the hell out of a graphite project and see their SP movement as a result. Its the job of the CEO to communicate effectively with the market.

Agreed re BB posts - however performance versus forecasts over the past few years is the only true and factual measure. On that basis this one has been a triple sized failure when it ought to have 2-5x bagged like peers. Needs new leadership rather than fiddling around with cheap options, massaging debt holder at 29.9% by diluting everyone else and a few non execs changes. imo gla

Is it? Hoping so. After much recent hype and news this seems to have gone off the boil a bit.

The pump and dump may have already happened 20 Jan to 5 Feb. This will now drift steadily downwards until some solid + positive RNS news, if there is any coming. gla

WAR its all in the RNS - investor admission etc.

The jokes is on us PI's - you have been warned GLA

Banjo reminds one of Angela List. No charged at all but booted out by this sorry lot nonetheless. Gla

Wilkins gone under a cloud at PXC BUT does he still get his shiny new 4,000,000 free GRL shares per EGM resolutions ??? Probably will knowing AIM and this lot. Pathetic.

Phoenix Copper Limited (AIM: PXC; OTCQX ADR: PXCLY), the AIM quoted, 100% USA focused base and precious metals emerging producer and exploration company, announces that the Board has resolved to suspend Marcus Edwards-Jones and Richard Wilkins from their roles as Executive Chairman and Chief Financial Officer and Company Secretary, respectively, with immediate effect.

The Company's Board has commenced investigations into allegations made in relation to Mr Edwards-Jones's and Mr Wilkins's recent conduct and certain historic payments made to Lloyd Edwards-Jones S.A.S., the Company's former Corporate Finance Adviser. The investigations are being undertaken with input from the Company's professional advisers and a further announcement will be made as soon as these investigations have concluded.

To minimise any disruption to the ongoing operations of the Company during the period of Mr Edwards-Jones's and Mr Wilkins's suspension, the Company has put interim financial oversight arrangements in place while it advances the appointment of an interim CFO. This interim role will be covered until such time as Mr Wilkins's and Mr Edwards-Jones's suspension is over and a conclusion has been reached on the outcome of the investigation. The individual concerned will be supported by Catherine Evans, Chair of the Audit Committee and Ryan McDermott, CEO, as well as by other members of the Board and senior management team to ensure operational continuity.

I think most have given up, resigned to the fact that the BS won't stop with the current team in place. Massive dilution coming, the new money will runout soon, more BS, more dilution, share consolidation, repeat.... pigs, troughs, and noses. Simples!

SL is a nightmare jurisdiction for a minnow like Goldstones - until clear specifics on the asset and deal are announced treat this as a distraction rather than something real!

Sadly I dont expect much or any good production news here. The EGM will just be a formality to approve a lot of new shares be authorised and issued diluting existing holders massively again, placating the lender and paying an oversized board of directors their sals. Hope i am wrong, expect not.

GLA