Member Info for InTooDeep999

https://www.bbc.co.uk/sounds/play/m001c6wp?partner=uk.co.bbc&origin=share-mobile

Not in anyway PXC specific. I found it interesting, and makes me realise you want our BOD to nail ESG and ensure efficiency (which they are). Getting these right takes time but should be things that investors pay attention to more in the near future.

Nothing on Telegram. I suspect news will land without warning, but who knows when. I try and keep up to date here as this is a substantial holding for me, but I am happy just to wait. Copper squeeze will happen, metal's in the ground, PXC will sort out ESG and get the process as efficient as possible.

Listened to Net Zero on Radio 4 on the way home tonight about EVs - positive towards them, with a carbon footprint about 25% of an ICE over the lifetime, including manufacturing. Governments really can't ignore this, just like Sunak has to attend COP 27.

Legalwolf: the smile at 9 minutes and 45 seconds is telling - he just can't wait to deliver the finance news!!

Re remaining suspended until all news out......

Legal wolf: I was seriousely wondering the same thing!

JerseyCrew: I should have been clear in my post below. 1. I believe an auditor being (rightly) thorough is more likely. 2. I am in the 'trust Robbie' camp. 3. Trusting & being worried are not mutually exclusive.

Time will tell. In my own field of work (medical, but not Jonny M :-)...), a lot of patients need to put their trust in others, with an uncertain outcome often for the serious stuff). So now I know exactly how they feel, but the consequences are financial rather than health.

"On Friday the accounts were finalised and one thing came back from legacy. One auditor wanting more info/investigation, which in my book sounds good as if there was anything shifty by ex employees then it will be found by the proper people. Paul and the finance people at GCAT have worked their ar$e$ off over the weekend and our finance is calm and ready but not to be issued while this is being dealt with. At least we will have a clean slate on re list. And some fingers might be pointing in the right direction instead of at Robbie and the GCAT team." ........ posted by CityGT. To the best of my understanding, this was posted immediately after a conversation with Robbie. It sounds to me like there really was/is news about finance/resource to be announced and that this is either auditor being thorough (which is what one would want) or a delaying tactic (as per Bebeto) to get opex over the line. I'm as much in the dark as everyone else. And, my hands are atm, being suspended (not de listed, so we can't 're list' - now I'm being pedantic!) and 12% underwater. This might give some a bit of hope/comfort while we wait. I've never been actively invested in a share that was suspended before, and it is worrying. Others who have been in similar situations seem less bothered.

Lift the suspension at 16:30, with finance news on Wednesday morning, is the outcome I want. Sort of glad I can't panic sell.

Hello Trek - I've followed you here, too, and bought in this morning sub 124.5 (just). Will increase my holding as and when I can, but use DEC as a share to actively work my average. I didn't have funds a few months back when it was sub 120, and I think also sub 110. That'll teach me to put a large proportion of eggs in the PXC basket! Not worried about PXC, but I SHOULD have taken some profit when it was over 60. Total beginner then & FOMO took over.

8.25 million sell on the bell. Hopefully that is them done.

"Following Douglas's post I spoke to the management yesterday. The position remain as previously described. The company is in close negotiations with sizeable investors for an initial tranche of the copper bonds. For some weeks now we have been very, very close to completion, but it has not happened yet (and, obviously, until it does happen there can be no guarantee that it will happen). Nevertheless, we are not paying any middlemen fees and so there is no reason for anyone to string us along, and the people we are talking to have long track record and are serious investors. If it does happen, then it is highly likely there will be more investment on the back of the first cornerstone investors. If it does not happen, there are other options available that do not involve dilution, and there are some relatively short term catalysts that could transform the position of the company. So its been a frustrating period, but the future looks as bright as ever."

Can you post a link, please?

Nothing verifiable that I can see. Will wait for the RNS whenever. Should have checked before posting.

'Posts on Twitter saying bond news this week' - posted on TG just now. Have not seen the tweet, so cannot verify. Sentiment seems to be improving here and elsewhere.

Bankrupty, if you are not in GCAT, it's worth a look. I followed Trek there, and have got my average down to just above the bid. Seems to have found a solid base, and everyone appears to be waiting for imminent SP increasing news. Me too. PXC creeping up on really no volume. Apologies for the non-PXC bit, but I followed Bankrupty to ALL: thanks - I took my original stake out after a 35% spike.

https://chargeplacescotland.us5.list-manage.com/track/click?u=106ad5a610f5193bfc6566b0d&id=7513fee1bb&e=61f5904fe8
Interesting read from Charge Place Scotland, which states 97,000 charging sessions in September 2021 & 195,000 in September 2022. Also, new EV & hybrids overtook ICE car sales this year in the UK. The infrastructure (and copper) to support this growth needs built faster. It starts from a low base, but is ramping up at ever increasing rates.

Cross ramp: if you are looking for a good lithium explorer with funding to production, ALL has taken a bit of a hit. I'm on a free carry there and will be holding till production (est. 2025). DYOR as always . Cross ramp ends.

Rollover. Trades 30 mins apart.

https://amp.smh.com.au/business/markets/the-world-has-a-big-problem-in-the-drive-to-net-zero-20221024-p5bs8w.html

Lots of similar views of the disconnect between copper inventories & current dollar price. This was posted on the TG earlier today - not by me. Having ditched my free carry on RMM at the start of the tumble, I am quite happy for the PXC board to ensure production efficiency & ESG are 1st class. RMM also have a 1st class resource, but production costs are unknown/high + other problems. So, I think this time/the delay will prove beneficial to PXC in the long run.

Why not do both? My trading pot here is 20% of my LTH. Gets my average down, and taking a little profit is ...fun. I wish I had used this approach is all my AIM shares. Yep, I know, GCAT ain't AIM. BTW, my genuine thanks to all the very knowledgeable investors here and on Telegram - I read all the posts carefully, but would never have had the time to do the original research. Enlarging and enhancing maps in a tweeting photo - impressive! :-))

MC 6.12% down on circa 8000 net shares sold. SP not really reflective on prospects, and demonstrates the potential for rapid movements, up or down.