PYX Resources: Achieving volume and diversification milestones. Watch the video here.
This is a cash positive!!! Company with over £64 million in CASH and another £120 million in wholly owned assets. Over the last few days we have seen the company prove just how valuable these assets are. The company has made two great moves to shire up not only the balance sheet but to prove to one of the UKs biggest pension funds clear reasons to buy a boat load of shares. Companies like standard life don’t! Take massive risks! Lenders who extended faculties don’t lend to failing business!! So for all of you who think this is going under or into administration you are either deluded! Or just plain ******* dumb! I think the later will explain it ,) I don’t want takeover or merger this bsuiness is going to bounce back in 2019 brexit deal coming 10% of the remaining fuel can be purchased at much cheaper prices - the main two issues that brought this business misery will soon be gone!
Yes and they have another 26 whole owned aircraft!!!
Desparrte de ramp very sad :)
It’s been clear as day for anyone with Half a brain that this has been well and truly over done. They are cash flow positive and have the cash for the day to day - since the bright the accountancy firm in they have liquaidated £10 million in capital in just two assets! One small hanger and one plane out of the 27 they own outright. The debt facility extension is on great terms and that RNS alone should tell anyone that this bsuiness is coming back and is nowhere near administration and the BOD are fighting and I’m loving what I’m seeing!
To all the mainstream media idiots like the FT etc ,)
I hope they tell the buyers to get lost!! And come back at £1 a share in the future. This business just shut down anyone who fought it was going bust. Well done to the BOD
£10 million raised from the sale of just two assets!!!! They own 26 planes now!!! They are showing the market just how valued the assets are in their industry and how quick they can turn them into CASH!!!! This is a amazing move from the BOD and tells any predators we ain’t desperate and we ain’t been low balled!! Come on Flyb!!!
In the bank from the sale of just two assets one small hanger and one!! Plane - major news about to break here £10 million in cash company going nowhere!!!!
From here now standard life have played their hand and the public know they are buying!!! I see a green light for a lot of scared and weak minded investors to come back jumping! Maybe you can join them GARY
Watch this space I wonder how the mainstream media morons!!! Since they called it all wrong will spin this ,)
I how I love it when I’m right / boys at standard lifts aren’t twits ,)
I told you!!!!!!!
Traded in 4 hours - small time sellers will regret selling in the coming weeks ,) no way is this worth trading even for 20%!! When a deal could land 2/3X times the share price.
Not having any of my £100,000 shares ,) Maybe at 18/20p I will sell 20% to the market
Ow lord have you heard yourself and how foolish you sound?! Gosh I would i was for a mercy killing if I was a stupid as you.
Give it a test muppet! You don’t have a clue on your best day ,)
People getting desperate it sounds, this will move when it’s ready to move! It takes time to form deals and have talks. It could be the middle of December into January before we have a deal on the table for shareholders to mull over. What we do know! Is that this company is cash flow strong and has cash in the bank to continue operations well into next year... so what’s with the panicking?!
Been bought up fast look at the volume today and yesterday alone
Doesn’t like bad at all - looks like they are talking to multiple potential buyers and we now have someone buying the shares on the public market .... bidding war Anynone!
Is exactly what you would say prior to a public bid!! There was no point out refusal or shut down to the rumors I like what I’m hearing.