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I have only just now read the RNS and become aware.
I think I am more disappointed about where we are in reality as opposed to where I thought we were. I was truly excited about the momentum on what I thought was great progression and to consider taking profits yesterday seemed mad at this stage.
Personally it's merely a set back for me personally as my shares here stand me less than 1p ave. but to lose 40% or so of where we were yesterday is disappointing regardless of that.
I think I'll bottom drawer what I have but certainly won't participate in the RO or top up. I see medium to long term SP stagnation.
Hope it comes good some sunny day.
GLA
Yep I know broomtree....I was here for a couple of trades in early December from 15p to 17p and took £500 profit.....I didn't expect it to double since.....c'est la vie. But you never know.....I may be back! ATB
I forgot about Polo with Neil Herbert, Guy Elliot and the famous Stephen R. Dattels of course but also Big Jim was there for a bit before Tang. And although I run a mile from anything involving Jim now (due to my losses in Speymill Deutche and someit else?)...I forgot about this wee gem Polo..we did well...so perhaps I'll relook at CNR...Surely with the price of gold there is bound to be a slow stampede....lol
Buys still showing as sells
0.21p seems like a good re-entry point IMO
Buy At best 888,888 1,870.16 0.21p 30/04/2024 N/A Dealt
Account No. B****** AJ Bell for Mr Bankrupty
CONTRACT NOTE
30/04/24 02/05/24 08.23 CM71LC Bought B42TN25
Deal date Settlement date Bought or Sold Time Reference Sedol
Venue Quantity Price Consideration
AQST 888,888 0.0021 1,866.66 GBP
Dealing charge 3.50
_____________
Total debit 1,870.16
ROCKFIRE RESOURCES PLC ORD GBP0.001
This transaction is in respect of AIM securities.
Such securities are not admitted to the official list.
AIM is a market for emerging or small companies.
We have bought for you as agent
GBP
GB
Nearly hit full day's average trading in the first 70mins. I think most will be from weekend reading...perhaps there is "knowledge" ?? of a RNS being drafted.......? But the content remains "secret" IMO.
Anyway would be nice to see us back at 20p and then Bonds and PFS in May leading into June........taking us above 35p!
I hope!!! and we do deserved it!
My post on ADVFN:-
" well now ......POF(RightOn) here as an inside outsider (LOL) Donald Pond(Paul de Gruchy) 6 tick ups and no trolls responding......bit of price action.....someit's going down guv......lol"
Hope so!
And my post of 19th April 1744hrs I talked patience .....and now the EnglishPatient has returned......it's about to blow....."She canna take any more, Cap'n! She's gonna blow!" Scotty's last mission finally proves him right - Space X rocket carrying his ashes explodes.......watch this space!
GLA
Cheers from me RightOn!.......you kept me going years ago...and I suspected you weren't far away....your post here is a bit odd to me....almost like "my BOD friends have shunned me a bit".....perhaps they felt you were too informative here...and needed less overt posting?
Any way that is your business! and my speculation only....matters not in the "biggy picture"....in a recent post of mine...I highlighted the "future excitement" when we get out of this cycle of "finance frustration"......Red Star, Horseshoe, Whiteknob, Bluebird & Windy Devil Claims , Navarre Creek Carlin, "Elephant" beneath sulphides...and our "dirty oxides" to fund the exploration with divies? ETC.
I note your return to posting....and to an extent wonder if you have got the same idea on the timeframes for exciting PFS/Bonds circa $25m/ extra "used equipment" etc. which IMO will happen in May/ leading into June ??
Good Luck RO et Al.
At the end of the day today so far we are all down maybe 50 to 90%...including the BOD about £4m worth since Oct '21 high of circa 75p?....and short term we are not happy and laughing....it's been frustrating.....but I believe it will be sorted and before end of June which is what....10 weeks away.....and I expect May....so maybe 6 weeks away....maybe sooner?
.....then we'll all be laughing and happy.....and I'm sure there will be cycles ahead which could again be challenging.....but that's the way it goes.
I have two choices....stay put if I believe....or if I can see another investment where I believe I can do better with my PXC investment...then I can sell PXC and buy that one......especially if I think it will multi-bag quicker.....so many choices....and each of us has to make the same choice....I hold a PXC CORE and trade a bit too.....and I honestly don't think I do that well trading....pluses and minuses tend to balance out roughly!
But I'm sticking with my core....I'd be sick if the funding RNS landed next ***day or ***day or ***day or the following week....and I had sold up after all this time.....so much patience invested rather than just money!!!!
Your choice!
Paul de Gruchy was answering a conversation on ADVN and made what I think is a relevant point (It's a big piece of work and a large document):-
"I think there are 17 different external feeds going into the PFS. It is a big piece of work that needs external validation of each material assumption."
Hope it's with us in May!
I suspect the bondholders were looking some sort of convertibility which would lead to dilution and therefore a no go.....The talks perhaps are leading to a number of hoop jumping conditions to avoid said dilution! It wouldn't be a shock to me to find it's PXC BOD that have been totally in control here or at the very least....mainly in control! I suspect we are very near......hope so!
And A bit stolen from ADVN in reply to me:-
"............I'm as frustrated as most here on at the time frame and constant slippages, but from here the risk reward suggest to me that getting out at a significant loss could be a serious error when sentiment could turn around - and very significantly - any day now."
Who knows?
An update comment this morning on ADVFN from Paul de Gruchy (PXC's Investor relations co-ordinator UK):-
"On timing of the PFS I was asked if it was on target for this month still and I answered along the lines of “there or thereabouts”. I’d urge people to focus on the content of the PFS: if it comes out on 27 April or 4 May it really isn’t material"