Member Info for guidfarr

What are you smoking? when was the last announcement by the company?

This company is a dead dog - the huge debt means it will likely never return anything for shareholders. You can only expect dilution in my opinion.

I bought on the dip - I don't believe a word Trump says. They might well invade during the long weekend.

You don't want buybacks or dividends. What they need to do is for the directors to buy BIG TIME to show real faith in the company. I'm not referring to buying tens of thousands - that would mean nothing - they need to buy really serious chunky amounts!

Paying dividends is a fool's game though. The dividend comes directly from the a company's balance sheet so its net neutral. What you want is capital appreciation. Look a the numerous REITs that are listed in the UK and how their stock price has traded miserably over the last few years despite them paying chunky dividends.

I also have a small website and my experience is more or less the same. Also, I'm not getting conversions. It's been like this for months and if this continues I will have to find something else to do.

The bearish case is clear... The big problem are generative search technology like chatgpt and gemini search - people are no longer doing many traditional searches in google and it will get worse not better. Those engines use your content without giving the publisher anything back. I thought they would be inundated with class action suits but it hasn't happened. THAT'S THE NUMBER 1 THREAT IMHO. Those engines are practically killing information websites by 'stealing' the information.

Amazingly very little interest. I think many investors have lost so much money in uk stocks that most have abandoned the boat.

This company's assets are now strategic. Many people don't understand what this means. So many inexperienced investors invested in this for the dividend not understanding that the dividend doesn't come from free air - it is deducted from the balance sheet of the company and is net neutral. The company has reduced dividends so it can put some of the money into substituting older solar panels into more efficient ones and battery management to optimise the portfolio. The value of this company is huge in this energy crisis.

That's why they are investing in batteries doh!

Anyone selling those at these levels must be bonkers. Especially if you are doing so because they reduced dividends lol - the money is still there - it will be on the balance sheet and used to optimise the solar farms (increase production by substituting dated non-efficient panels!) Do you guys know what energy security is? If this energy crisis worsens this becomes a strategic asset to have!

It makes full sense for the company to retain more of the dividend portion to invest it back into the company - changing solar panels to more efficient ones to generate more electricity and investing in battery assets. People are just silly to wanting just the dividend - once that is paid it immediately is reduced from the company's balance sheet. We need capital appreciation here not dividends!

It currently produces - zero, nada. Needs capital to re-start and big dilution coming, people don't even know how many shares are in circulation. Insiders offloading their assets to a listed company for good $$$ is quite good business for them.

It was just a spike. I see this going back down to 20p in the near term.

I think they are going to use the money to change the solar panels of some of their older farms to make them more efficient i guess generate more energy meaning more $$$. If you care about capital appreciation that's a positive. The panels themselves are the cheapest thing you can change in such setups - I have a system installed and the real expensive bit is the inverter.

A lot of so called 'dividend' investors are ignorant. Dividends don't come from magic - they come from the balance sheet of the company so as soon as one is paid out the stock price is adjusted (down) accordingly. You don't want dividends you want capital appreciation. The company retaining more money on its balance sheet is positive. If you watch the news the global energy supply is being squeezed and what NextEnergy has are valuable assets trading at a big discount to net asset value. This is a sitting duck now awaiting a predator!

This is false

Official Confirmation: As of late February 2026, there has been no Regulatory News Service (RNS) announcement from PYX Resources confirming the receipt of 2026 RKAB (Work Plan and Budget) permits.

The Source of the "Truth": Reports of permit approvals first appeared on social media and investor forums (e.g., LSE Share Chat) around February 18, 2026.

LOL

LIES BY IRRESPONSIBLE RAMPERS TRYING TO GET PEOPLE TO RESCUE THEIR SINKING BOAT.

As of late February 2026, there is no official confirmation that PYX Resources Limited has secured its 2026 RKAB (Work Plan and Budget) permits for the Mandiri or Tisma projects. While social media and community investor forums have circulated reports claiming these permits were granted on or around February 18, 2026, these claims have not been verified by an official Regulatory News Service (RNS) announcement from the company.

Give me an official link or bugger off as stating permits have been granted when it hasn't is misleading at best.

Gemini - hope you're right bud but i'm not going to risk my money unless this is proven false. Why hasn't the company cleared all this?

The investigation into PT Investasi Mandiri (PT IM), the primary Indonesian subsidiary of PYX Resources, has escalated into what local authorities are calling a "mega corruption" case. As of February 2026, several high-ranking individuals have been arrested, and the financial stakes have reached massive proportions.

Here is the breakdown of the current situation:

1. The Core Allegations

The Central Kalimantan High Prosecutor's Office (Kejati Kalteng) alleges that between 2020 and 2025, PT IM systematically manipulated its mining and export processes.

The "Cover" Scheme: Prosecutors allege that PT IM did not mine all of its product from its own licensed area. Instead, they are accused of buying raw minerals from illegal community miners and then using PT IM’s legal RKAB (Work Plan and Budget) approvals to "wash" the minerals and export them as if they were legally produced.

State Losses: Authorities estimate the total loss to the Indonesian state at IDR 1.3 trillion (approximately $84 million USD). This includes unpaid royalties, environmental damage, and illegal mineral exploitation.

2. Key Suspects and Arrests

The investigation is no longer just "underway"—it has resulted in formal charges against both company leaders and government officials:

Herbowo Siswanto (HS): The Director of PT Investasi Mandiri. He was named a suspect and detained in December 2025.

Vent Christway (VC): The former Head of the Central Kalimantan Energy and Mineral Resources (ESDM) Agency. He is accused of facilitating the irregular permits.

ETS: An employee of PT IM who was recently named as a suspect in late December 2025.

3. Asset Seizures

To recover the alleged losses, the Indonesian government has already begun seizing physical assets:

The Zircon Plant: In September 2025, prosecutors officially seized PT IM’s zircon processing plant in Gunung Mas.

Equipment: Heavy machinery, generators, and even containers of documents and electronic devices have been confiscated during raids on the company's offices and government buildings.

Cash Recovery: As of January 2026, about IDR 2.1 billion (~$135,000 USD) has already been "returned" to the state by various witnesses and parties involved in the money trail.

PROSECUTORS HAVE SEIZED PT IM’s zircon processing plant in Gunung Mas. Unless I'm missing something the prosecutors seem to have seized the plant which essentially belongs to PYX. This is not just about PYX awaiting a renewal of the license if the plant has been seized? Can someone more informed clarify?

IH: A civil servant at the provincial mining office who allegedly assisted in the scheme.