RE: Think one's escaped....29 Oct 2025 22:08
Chid,
Honestly, after taking one look at the PXC RNS feed im pretty shocked and embarrassed by the comparison. Yes its the same industry, a lot of the same processes and Results at stages that provide Bull Runs and always one member who Drives the information on every forum. I can imagine a lot of the Jargon is triggering for you, same rhethoric, rises, and the SP performance dwindled.
But that's where the comparisons end mate, a poor run company is inherently that, poorly run!
Saddled with Debt, multiple Loan payments agreements and refinancing and extensions on everything from payments, warrants, warrant lapses ill be honest it's was hard to find any admirable news worthy content on the actual project and im going back to 2020 here. Its a bit of an eye sore, type of Red flag investment likely before any rally began.
You can disagree with me, but they are just facts. And very much a poorly run company, Directorate changes a plenty and still no functioning site or revenue, its not the first it won't be the last.
Now I have my differences here with direction, I do feel things have been rushed, oversold rhethoric and the SP performance has been both over inflated and suffered but its a very, very well run company that has Good tax incentives, no Debt and very willing institution investments made into it over a 2 year period. The type of investors who would flush PXC down the toilet.
All your comparison has now shown me is, you are not as clued up on the industry as you suggest. You have been heavily swayed by some very astute sounding posters and the Burn of PXC weighs on you.
Im not a fan of Manlord, and whatever his failings or rhethoric it takes nothing from a well run, very well progressed company so I reject your comparison and I actually think you should look further into this company, see the comparisons yourself as a guide to how to spot good opportunities.
MET1, is a similar company. RNS full of a poorly, financial run company and why I never got involved