Member Info for MTSparky

PXC are looking good on all fronts. Copper price rising too . 8000 tonnes of copper production in 2021 plus the Gold & Silver hoard. PXC might get bought out before then.

As the resource is at shallow depth I can see them mining say the Silver & Gold to pay for development of the whole site. Hence, minimal dilution from fund raising.

It's interesting that you mention OPHR timescales. I was thinking if I were to make a rival bid I would wait until the very last possible time before the vote. 5 days before sound about right so around 7th August. If no rival offer comes in then I would have thought the 75% votes will be achieved. I assume all these institutions buying up stock will vote for their 0.5% gain.

It's all a bit odd. I still hold some shares as I can see a final twist to this saga. I am not holding through the vote though, too risky.

...should see a nice steady rise now through 2020. £1/sh near term target sounds reasonable to me. 8,000 tonnes of copper production next year plus all that Gold, Silver etc etc. 2021 valuation anyone ???

I just hope that this is one of those stories where the sp reaches say £2/sh ++ and we can all be smug because we got in early and are sitting on £££££'s

I would expect at least £1 per share short term. Pending further sample results.

Before the drilling of samples, The company stated they ave $850m of in situ value of contained metal in measured and indicated resources. That figure must be a lot higher now.

42.00 - 44.00 (GBX) at 08:19:43 on Market (LSE). The market is slowly waking up to PXC value...;o))

...there's Gold in them there hills boys !!! Saddle up boys, who's up for a road trip to Idaho?!?!

Looks like the Gold resource is going to be increased. Could be sitting on over $1billion of Gold *sits open mouthed*

Maybe it is just me being thick.....lol. You would think everyone would be offloading not opening long positions, unless there is something I am missing?

yes I noticed that, but they haven't offloaded the shares. They have just been transferred over. They still own 6.4% of Rockrose.

TR1 - This notification is as a result of acquisition of assets from Cavendish Asset Management to Stonehage Fleming Investment Management which took place on 21.07.20.

.......The plot thickens !!

.....these form 8.3 notifications of increased long positions are intriguing. Buying at £18.40. What are they playing at I wonder?

FRES money moving into FXPO today. We should see a steady rise to results. I am hoping for at least £2.50/sh

...now at $26...;-O. Lets hope for a good day !

So the plan is to produce 8,000 tonnes of Copper per year from 2021. That is £40m per year income from the Copper alone. Is that correct?

Again from my notes I have 130,000 tonnes of Copper which I believe is priced at about $6500 per tonne. At about $825m I believe Copper is still their primary resource (please fee free to check my numbers!)

From my notes I have 342,249 oz of Gold @ $1935 per oz and rising !!...;o))

Might be a period of volatility and consolidation as new investors replace 40p placing share sells.

Some nice buying though, exciting to hold this one !