PXC Massively Derisked, a Huge Rerate will happen19 May 2024 09:48
All about accumulating now at bargain basement prices and hold tight for the dividends and huge exploration upside. Whole project now massively derisked, private equity firm has done all the due deligence required on our behalf.
In a few years, PXC should be £££.
As per the RNS further exploration now starts at NC and Red Star in 2024.
Fully funded to production
Further exploration of the big sulphides and porphyry prize
Dividends to come, at today's price can lock in an incredible yield
In USA
Copper and precious metals at the very beginning of a massive bull run
Buyout by a major in few years
It really cannot get any better for PXC, one of the very few AIM companies which finally delivered.
With all this news, blockbuster RNS, huge potential, investor conference, attending Mello conference this week, and then AGM the week after, without a doubt PXC will rerate to somewhere of a more respectable level.
Short term target is 50-60p to get to a respectable level.
All stop losses have to be wiped out, and traders rinsed out, mm's fill there boots, before they let PXC run away.
They always said $1 billion company as the end prize, so PXC would be over Β£3, which is 15x from today.
Bottom drawer.
Onwards and upwards.