Stay Positive !6 Nov 2024 12:51
A steady flow of buys coming through. MM's have found a level at which they can shift stock. Its frustrating but I am positive about the value of PXC stock going up. Just needs patience and nerves of steel ! I don't see an issue with NIU providing funds, the sticking point is the PFS. PXC are working hard to improve the economics of Empire. The adit and potential 8% sulphides adding to the mix is exciting but I just hope this doesn't delay things even further. This option may have been forced on PXC if the PFS numbers aren't good enough as they stand. The project is robust though so we should come good. NIU paying some cash to PXC to buy more 2nd hand equipment could happen soon. Maybe its the PXC running a tight ship, which is great for reducing overheads but has a negative effect on getting stuff done, that is the weak link. NIU green lighting the PFS would give me more confidence, should hear something in the next 4 weeks or so. Keep calm and carry on !