Member Info for InTooDeep999

Even though the predicted porphyry under Empire is Tungsten, it's all looking positive here.

1. Silver, gold and copper charts all looking very good. Copper tagged $4.55 earlier today.

2. Easter, Ramadan/Eid, new tax year all behind us.

3. AGM likely within 6 weeks (8th June in 2023).

4. The huge piece of work that is the PFS due out before the AGM.

5. The bonds - likely before the AGM. It's all about the bonds.

If bonds land (I believe it's 'when' rather than 'if'), this share will be north of 70p (conservative) as many things are unlocked with it. Including further pre-loved equipment at bargin prices. Also, with cash, M&As?

Everything above 5. is fact. 5. is imminent (opinion of many). In my view, fact. Given that the current share price is within 0.5p of the January 2024 placing, 11-12 has been a reasonable floor for quite a while. Positive news since has been predictably sold into. When the bonds land, buying pressure will be immense. DYOR. 🙂

Rudiger: honestly, 5 posts since you open this brand new account on 25.3.24. All on PXC. All just spreading FUD.

I would agree with you on one point: some folk can't see what's in front of them. Bonds and PFS (I think in that order) are coming. Soon. Signing off till delivered.

I would think that's rather a narrow definition of early Q2. I would consider early Q2 as April 2024. Bonds are likely before PFS - that way the PFS could be further improved by owning more pre-loved kit. Owned kit can be specified in a PFS; if not own, new cost applied. The ticks up last Thursday and yesterday, with some quite big buys (not mine as not trading this), suggest news might be forthcoming.

Posted on Telegram yesterday by DP, reposted by me here for those that are interested:

"I expect this month to be very significant. We are scheduled to get the PFS and I expect it will be pretty impressive with the assumed prices on metals, but if you plug in the current prices it will be materially better. It will for the first time give us a solid economic framework to discuss."

Back to waiting patiently. GLA. DYOR.

Got my HL divi yesterday. 212 have not paid me either, yet.

OK, slightly concerned. I'm also with HL. I sold and bought back again twice on the day before ExDivi. No money in my account. I didn't bother asking HL today. Anyone on HL got paid? Also, if I bought back before close of play the day before ExDivi, I do get the dividend?

Thanks in advance!

Indeed I am. Waiting patiently. Not sold any.

Chid: many thanks for your repeated identical warnings. You don't hold shares here & you are not adding any new information or view. The bulletin board is quiet as most of us are reasonably researched, have made our decisions & are waiting. Why not leave us in peace and maybe post on the....let me think....Llyods bulletin board!

moggey70: try this https://**************i5hndxg-lutknvtljgwq1a

if it fails, on the telegram app message @pantsonfire888

he is an admin.

btw, aside from some (interesting to me)chat about procurement, telegram is virtually silent. without noise there is no echo. no doubt the volume will turn up on rf, procurement, bonds and pfs. back to waiting. 🙂

BBB, I also thought the same re the earlier dates. This time it's for real (not investment advice!). Best of luck with your future investments. If the news comes good, there will be ample time to buy some back. 🤞

The 25th of February was presumably not randomly chosen. Perhaps there are lots of moving parts we can't see. Time will give us the answer. Best hope I'm right OR you should sell now. RF resolves favourably (& equipment purchase announced) and a slow drip going nowhere may be a surge up, high enough for traders to take great advantage of. Not speculating anymore on this topic. Something significant should happen before the 25th.

Stating that there has been a delay in renegotiation, as if it is a fact, is disingenuous: that's just your opinion. If we don't have a resolution of RF before 25th Feb, that would then be a delay. You have no idea about what stage the renegotiating is at. My opinion: it's nearly done. I'm expecting RF renegotiation and equipment purchases before Feb 25th. I, like you, need to wait and see. Presumably those that took part in the placing were aware of the state of RF and that equipment will be bought.

Bonds could be drawn down in tranches, as required.

Look at the September 2023 RNS. Both ATS and Sulphuric Acid produce all 3 metals, just in different proportions. There is a table outlining the initial testing likely proportions in that RNS.

Chid: you do go on a bit, repeating the same stuff. Even quoting yourself! Nowt to say here, that hasn't already been said, till news re finance (bonds or RF) lands, whatever that news is.

TB owns 21.32% of IQAI. FAB 8.15%.

Why is FAB selling? My (poor) understanding is that FAB selling allows TB to exercise CLNs, keeping the family holding < 30%. Once FAB have sold (all?), the SP is expected to have a sustained rise. I think the CLNs are exercised at circa 2p, so selling at 4p nets the family a nice profit.

1. Is this wrong?

2. What's so magical about 30%

If I have totally misunderstood, apologies. Corrections appreciated.

Free Association Books. On the IQAI site, it says 8.15% holding in IQAI.

Well, 10% drop highly unlikely now. Some hold in hope. I hold in expectation. I'm defo in too deep, but quite happy here (even if 'the' news does not materialise on 2.1.24). There is no scam. We all have roughly the same info and make our own choices. Good luck all for 2024.

Chid, I was sure that the CEO is a very local lad, with a strong family connection to the mine. If you have a read of DPs report from his recent Idaho visit, you'll note the CEO's comment of "if it was easy, everybody would be doing it" (or words to that effect): the opportunity won't be obvious to all. If you haven't read it, I would recommend looking for it on DPs LinkedIn page.

Of course, the funding is what we are all waiting for.

Not sure what you are suggesting with the following:

"i own a small amount of pm's, but say i took ten grands worth, ground it into dust, spread it over acres and different depths, few would give me £100 if i provided them a licence to extract millions of tons of strata to 'find' the pm.".

Again, read DP's report on NC. There is no fraud here.

Not gambling here. Thoroughly researched & now waiting patiently for it to play out. Time will tell. GLA. DYOR.

'Saucepan' on ADVFN sold at the bell. Others followed. It's a relatively illiquid share, so drop feels exaggerated. So, a few disgruntled/distressed/disillusioned shareholders can influence the price significantly. I'm just holding, as are many others. January & bond news will come soon enough.

No edit facility - I meant 'not just for GBM' re gadolinium use.