RE: RNS - Still talking to LOI investor 🤔20 Apr 2026 12:03
As I have said earlier, all of there assets are valued at next to nothing right now. Market cap is just £3m lol all the negatives and then some have been baked in already.
How much are the assets worth in a tier 1 jurisdiction. There are tonnes of companies on AIM operating in devolving countries with next to nothing just a prospect worth £10-20m mcap.
Funding issue sorted and these will be bargain basement prices. If they can recoup most of the money from previous director, that’s more than half the market cap 🤦♂️
Who would have ever thought PXC would be at 1p a share, when NIU provided funding, talks were how quickly this would rise to 100p+
Assets are there, in a tier 1 jurisdiction, there is no doubt about that. Increasing in value all the time.
For those with a bit of nerve, from here, over time, could see spectacular returns.
Sadly for those who have much higher averages like 20-30p, it’s a long road back.