Its a 20% rise to 50p/sh which is where I hope we are heading so you should do pretty well from here. I am fully locked and loaded. No more for me. Nearly 1m traded, wow !
I would imagine we hit 50p/sh and maybe bounce between 50p and 45p a bit assuming a stonker RNS doesn't land before hand and we blow all charts out of the water. Something is brewing......
"Still it’s a nicer problem than why TF is it going down!……" LOL to that !!
"Oh profit taking but money coming back in and anticipated to be coming back in?" ....it looks like a jittery trader bailed and is now feeding back in, onwards tot he 50p's ....;o)))
What would they do with $80m anyway? As you say I reckon $20m or thereabouts so they can buy plant and start construction. PXC don't want to be paying interest too soon. I just have a hunch there is a nice surprise coming. $80m is a lot of cash initially they said about $60m was required. Have they done a deal or something?...;o))
You could be right there, there is just no stopping the SP advance, sell mopped up and we move on. If funding lands I reckon easy £1/sh, if ATS works we go beyond that, AIMO...;o)))
Yes all looking good for us at last ! I am not selling at this level its still way too cheap for me. I can see £1 range in the not too distant future. Certainly not selling for under 50p range...;o))
Historically there are sticky patches around the mid 40p's and low 50p's. IMO the company as it stands is worth around 50p/sh heavily discounted due to no funding. As you say Trek I think funding opens a whole new range for the SP. ATS use would just put TNT under the SP. I bet there are watchers willing to pay 80p/sh or what ever when the funding is sorted. PXC will become investible to a whole new range of investors. IMO.....;o)))
Yes that sounds about right. I think heavily discounted and risked we are 50p/sh ish as we are. Funding is the highest risk so a huge re-rate will happen. Funding + ATS route would surely see us well over £1/sh.
Nice end to the week. Next week could finally break free of 31p and track upwards into eventually 40p range. Don't want to jinx it but looks like the seller is out. Decent volume.
PM's looking good, with an excellent outlook. Gold could be a real winner in coming years. Chairman's update to come soon. Plus DP's presentation to watch.
Yes deffo Gold price + NC drilling will be huge for PXC. The signs for ATS working on Copper are positive, if not maybe produce silver + gold using ATS 1st? This may have better economics than Copper + Acid, plus get through planning easier.