Thank you BP; your info to means to me PXC's value in Empire alone supports a share price north of 2p. Fortunately I an only slightly under water as I was
If the CLN's are converted to shares at 1.48 p and any other rights or options that are in the money are converted to shares, what will be the approx no of shares be?
I don't know what the constitutional documents say or the applicable act says but is it possible for the shareholders to requisition an EGM to replace the directors? Konnex ect should not be able to block this process?
Hi M.T.Sparky, re your post today. "Administration"
I am an Retired commercial lawyer in NZ with experience at the big end from a NZ size but involved in many international transactions due to connections.
" Administration " in NZ generally means obligors get paid but the "shareholders" get zero. My nose tells me your Law outcome is not materially different.
I believe the potential wealth in the ground having acted for mining companies. Look at "tbcx"'s comment yesterday. Has any one who has a position that is at risk have an idea how to get a position we can get a part of the action?
Hi, The crux as I see it is, are PXC's arrangements with a free carried interest with Konnex only with the Empire prospect, or do those apply to all of the prospects of PXC?