With the political will for mining in the US being so strong I can see funding coming from the US. There will be assistance at a federal level I am sure. Even these clowns canβt screw this up surely !!!!
β¦.to get this wreck back afloat. Market has zero faith in them to deliver anything. New BoD, fresh ideas, more presence, more energy, less clown like, more competent.
RE: Copper prices surge as Trump signals 25% tariff on imports6 Mar 2025 10:51
No one is denying the quality of the asset or the future prospects for the price of PM's. The question is, can these twonks deliver a producing mine?......they couldn't even deliver a working website FFS !
RE: Fundamental Shift in Power - A new world now, everyone investing in the US, funding could come quicker than many think now5 Mar 2025 11:12
LOL....well good luck with your ramping. i genuinely hope it works. We all lived in hope that NIU would come through as that is what the RNS implied plus RW youtube interview implied. Nothing has been delivered though and 20% of the company gifted to a crook. Incompetence.
We live in hope that finally these twonks can actually deliver something !!
RE: Fundamental Shift in Power - A new world now, everyone investing in the US, funding could come quicker than many think now5 Mar 2025 10:27
Copper could be $10 and the SP wont move. The BoD have destroyed the value of PXC and until they are removed and we have new directors PXC will be tarnished by their continual Fk ups. Optics are a lack of competence. We need a new competent board IMO.
Its incredible that PXC have raised so much cash and left themselves with nothing. Now at the mercy of the financiers. Absolute clowns. They couldn't even organise a fking web site FFS. If by some miracle PXC do survive the BoD need to be changed, Pee up and brewery spring to mind.
Well there are a few reasons for a delay in cash being deposited by NIU. Two possible reasons are the requirement for additional funds for exploration and this transaction that has put PXC in a closed period. Next news if it includes cash being deposited for production, exploration and transaction could be unbelievable Jeff!!
True. RW did say it is exciting news that was close to completing. Lets hope we get the revised bond schedule, maybe even a revised increased cash commitment by NIU to include exploration. It does appear that they have woven a tangled web of interconnected sequential outcomes that need to all align hence the time taken. Not long to wait now, as you say they haven't much cash left !
What ever this closed period is all about. The BoD were well aware of the effect radio silence would have on the SP but did it anyway. You have to assume they did it anyway as the end results would be really good for the company and us shareholders in the long term. You cannot hide behind a closed period if there is no substance to it, people would know.
It is a difficult period but I think it will come good. This transaction we are waiting for will conclude and the NIU cash will arrive....;o))) just my opinion
NIU are committed to PXC and NIU are building a mining portfolio. PXC have a valuable site at Empire so anything could happen. PXC getting purchased is still an option on the table....;o)))
It is a shame investors are selling out at this stage when PXC are very close to finalising what has been going on in the background. PXC are balancing low overheads and lack of man power with trying to deliver a mountain of work. Keeping the share count down is an obvious priority for the company so they need to spend as little as possible. This causes delays and frustration. I still think all is about to come good here.