PYX Resources: Achieving volume and diversification milestones. Watch the video here.
Why we have CGP shares, assets to sell and there’s always a streaming deal to be had …… no dilution I can see
Been thinking….. Maxit could have raised money at any point in the last few months had they wanted to…… it’s what they do.
It’s very possible they haven’t done because they know they won’t need it. Potentially the same with the revised PFS .
Whether the money is coming from a takeover or not I’m not sure. Even $50-100m for say Porvenir would see us funded for a few years.
It’s very easy to think the world is ending when we’re staring at a screenful of red numbers.
Conspiracy theory
Could the Canadians be gunning for Nick?
Whatever happens I’ve got a sneaking suspicion Bob and co will come out of this ok
It’s a guessing game now
Could be right NMM
My optimistic side hopes he could be lining up a series of releases …. Quarterlies, PFS. IPA….. etc
But history has taught me not to hold my breath
Lol twat
i think most here have had to lower expectations a little but i do feel, either way, we are nearing **** or bust time here to some extent.
cascabel has a value way above where we are now
FTJNY
I guess we should also consider the Maxit guys etc may well not be bothered if Scott gets burned a little
15.7m
Indeed they weren’t over ambitious, just trying to figure this out…..they hopefully won’t have to use the CGP shares anywhere near these levels
Anyone remember the numbers and pricing of Scott’s options?
Lol
I think that’s about fair as a starting point ….. from here that’s still a big premium. Shame is most of the damage over the last few years feels largely self inflicted
Fort …….
“I think Bob is going through the current phase first... which is what is it going to take to make a crap bid look good and grind shareholders into the ground so they feel like they have to accept it”
That’s certainly how it feels ….. the question is what level.
The recent dire share price performance added to the seeming willingness of the board to just let it drift to make you wonder who it suits.
Which contradicts Bob’s recent comments that he sees Cascabel fair value starting at around 60c Cu equivalent in the ground…… roughly 60p.
So as always it’s as clear as mud
Fort …… I think itself is more apt
Early days Ray but yep looks promising
Volume better
They can do what they want with them. Hopefully nowhere near these levels. There would also be no further dilution.
It could well ruffle a few feathers but at this stage who cares.
Looking forward to a good couple of weeks let’s hope they deliver on time and above expectations for once
Not Solgold but another company receiving its environmental licenses …… gives a great overview of the improving situation in Ecuador and mirrors plenty of what DK has been good enough to tell us
https://www.streetwisereports.com/article/2024/02/07/situation-cooling-for-green-tech-co-in-ecuador.html
In English I meant all these pieces of news mean so much more if accompanied by other news
NMM …. IPA also crucial …… plenty of these things are good but none are any as good without the others.
If we can prove the project is feasible and follow this up with news on the licensing front ( plus pipeline/ tailings etc) it’ll hopefully flush some out . If not we may need to go down the royalty route to ensure our funding is sorted ….. this could also force someone’s hand.
I’m confident we’ll get the PFS this week or next and there will be plenty of improvements on the last effort.