Member Info for Plutus1

Https://www.mining.com/bhp-ivanhoe-electric-hunt-for-us-copper-together/

They can visit Idaho lol

With all the FCF CABP are producing, they need to initiate a share buyback ASAP. We would be flying through 200p in no time.

Just look at TRST, CABP fundamentals are better by multiples in every single sense, yet TRST is valued 3x more than CABP 🤯

Just look at today. So far just 24 trades, less than £50k. For a Premium Listed company, it's a total joke. LSE is pretty much broken.

BOD can initiate a share buyback with all the cash piled up and start putting it to some good use for the shareholders.

IMO DYOR

Yes, traders in a very illiquid stock. Not many real investors left.

Just heard back from a BOD member. All good, and very positive.

AGM will be announced soon, end of May.

News released leading upto it.

Can fully discuss everything at AGM.

Accounts done.

PFS all but complete.

Will all makes sense in the end!!

(Business is never black and white, multiple things in play, multiple dependent)

In the final countdown. By the end of May, hopefully all PXC investors will be ecstatic.

DYOR

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IMO Get the feeling this friday is a huge inflection point.

Warrants have applied the breaks, a fantastic opportunity to accumulate, these breaks are about to be released.

Not by coincidence warrants expire on the 10th May, and drilling starts on the 11th May.

We will have constant flow of news starting this weekend, and any indication of a Porphyry, and GMET goes parabolic. Oliver said just by looking at the core we will know if there is a Copper Porphyry!

What many people under estimate, is the effects of such a small free float, small market cap, next few months could get very interesting.

Love CEO's knowledge, expertise, and open communication channel, a breath of fresh air.

And then we have the golden goose of possible US government funding for the largest US Tungsten deposit!!

DYOR

Phoenix Copper LinkedIn post:

Delighted to announce that we have upgraded the mineral resources at the Empire Open-Pit into mineral reserves.

Highlights include proven and probable mineral reserves of 10.1 million tonnes containing:

Copper – 109,487,970 lb

Gold – 104,000 oz

Silver – 4,654,400 oz

This marks a major stage in developing the Empire Open-Pit mine. The Reserves statement is the result of analysing 485 drill holes and converting those into an economic model for bringing the mine into production.

At current prices, those metals will be worth around $900m, and can be produced profitably and to the highest environmental standards.

Mineral reserve ✅️

Following news should be imminent:

Economic evaluation released next

AGM called in a few weeks, now in a news rich period, a snippet of PFS released, everything can be discussed.

$25m bonds issued

IMO With a very small tight free float, expect to be back in the 30s very quickly

Closer than ever for Empire to start, and then onto the BIG prize underneath.

Most won't understand the bigger picture, after several months of silence, looks like the news rich period has got the 🟢 light.

Onwards and upwards

DYOR

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US expansion gathering pace ahead of the US license. Totally flying under the radar.

A famous investor once said, only invest in a company if you would buy the whole company with a quarter of your total wealth. At just £350m I would buy CABP today if that was the case LOL. Ticks every single box, high growth, profitable, tonnes of cash, massive margins, huge free cash flows, just waiting on dividends!

Https://www.google.com/amp/s/amp.theguardian.com/business/article/2024/may/03/glencore-may-trigger-bidding-war-for-mining-rival-anglo-american

Everyone wants the copper!

Https://www.crownagentsbank.com/insights/fx-and-cross-border-payments-using-technology-to-bridge-the-divide/

By 2027 cross border payments will total $250 trillion!

Https://financialit.net/news/payments/crown-agents-bank-and-invest-africa-llaunch-payments-exchange-series

In terms of US government funding, I was doing some research on another US mining company, and they had stated the following in their RNS, which I find really interesting and intriguing! Can this be the reason for the sudden news blackout since 24th Oct, where we heard about NC, and then gone into silence since.

"While at this time we cannot disclose many details about our strategy as it relates to government funding opportunities"

"Targeting non-dilutive funding is a critical focus of the Company. However, minimal updates will be given for the time being, as such disclosure may interfere with our ongoing endeavours in this regard"

Hence why timelines are out of the BOD's hands. There seems to be a news embargo. And the final result on Bonds will be surprising!

With the 2nd hand capex purchases, part government funding, maybe total bond funding required will be materially lower?

DYOR, IMHO

Https://www.mining-technology.com/news/us-government-adds-copper-to-critical-materials-list/?cf-view

Last August the US Governement officially added copper to its list of critical raw materials.

Is there a possibility the US Government can provide some of the funding? Or even subsidies through the Inflation Reduction Act.

Only last week the US Governement provided $50m to Rainbow Rare Earth to develop a rare earth minerals mine in South Africa! Nobody expected this.

https://www.cityam.com/us-set-to-fund-london-listed-rainbow-rare-earths-mining-project-as-china-battle-hots-up/

From the musings on other boards, and their contact with the BOD, the repeated line is it will all make sense when everything is revealed, and it will be a pleasant surprise!

Morgan Stanley recently predicted massive investments in US Metals and mining...

https://oilprice.com/Metals/Commodities/Morgan-Stanley-Predicts-Massive-Investments-in-US-Metals-and-Mining

In todays geopolitical world, it's a question of national security, it's all about reshoring. It's critical for the US to develop a domestic supply, hence PXC resources of Empire and future exploration and development of Navarre Creek/Red Star etc becomes even more valuable, has a premium attached to it as it's US based.

https://www.energy.gov/fecm/articles/developing-domestic-supply-critical-minerals-and-materials

IMO There is something bigger going on than just funding, is it along the lines of the above, who knows, very intrigued for the big reveal, why the delay/who the funder is, and cannot wait for the news embargo to be finally lifted.

DYOR, AIMHO

"How a global race to secure copper supplies sparked a £31bn bid for a FTSE giant"

https://www.telegraph.co.uk/business/2024/04/25/how-global-race-copper-supplies-sparked-anglo-american-bid/

Https://news.uk.cityam.com/story/2161581/content.html

Just shows what's happening with UK Companies. Massively undervalued, and being taken over.

Darktrace another one snapped up today.

And this is what I have been saying about CAB Payments, if valuation doesn't approach anywhere near fair value, it will be another one snapped up, as it ticks all the boxes.

"BHP will have to dig deeper for Anglo American’s copper"

https://www.ft.com/content/a2aa1b76-a17f-4953-8e27-48dc05bf5cee

"Mining Giant BHP Bets on Copper With $39 Billion Bid for Anglo American"

https://www.investopedia.com/slug-placeholdermining-giant-bhp-bets-on-copper-with-usd39-billion-bid-for-anglo-american-8638762

"BHP-Anglo American potential merger: It’s all about copper"

https://www.mining.com/bhp-anglo-american-potential-merger-its-all-about-copper/

PFS now due any day, will put PXC firmly in the spotlight. IMO bonds will come in quick succession, and PXC will tick all the boxes...

PFS ✅️

Bond Issue ✅️

Permit for Empire - told no problem, an existing mine in a mining town ✅️

Product = Copper/Gold/Silver, all flying ✅️

Jurisdiction - Idaho, USA, one of the best Mining jurisdictions in the world ✅️

BOD/Staff - Made permanent moves with families to Idaho ✅️

Equipment- Already purchased and committed $1m+ on its way ✅️

Prospects - Huge huge Porphyry to discover. Only 1% explored to date, so potential in years to come is huge ✅️

At close to all time lows here, only way is up, smart money loading up right now.

Last time Copper Price hovering at today's price, PXC was comfortably over 50p!! And was 38p in anticipation of bonds just a few months back, many simply don't realise when PXC moves, it will move fast, free float is very small. Quite a unique situation.

DYOR

Https://www.reuters.com/markets/commodities/bhps-proposed-bid-anglo-american-is-big-bet-copper-2024-04-25/

""BHP's proposed bid for Anglo American is a big bet on copper""

"There is no way that existing mines can meet the anticipated demand, therefore the major mining companies recognise that copper needs to be a fundamental part of their portfolio," he told Reuters.

Everyone is looking for Copper assets......

Https://www.cityam.com/anglo-american-mulls-bhp-offer-in-possible-mining-mega-deal/

On PXC, I am expecting PFS to drop anyday now, quite possibly next week, quickly followed by the bond finance. Something delayed the finance, real world business is never simple, once we know the reasons, hopefully it makes sense, last few months have been painful!

Copper at $4.51, 2 years back PXC was hovering around 50p at those prices, and now gold is at an ATH. PXC could easily surpass those good old times IF they deliver PFS and Bonds as they have intimated. IMO, with last few RNS's, contact with the BOD, they will deliver soon.

Always DYOR

Bargain basement will be an understatement if PFS and Bonds Funding is delivered imminently.

I remember only few months back PXC racing away to 39p, and talks of 80p plus was on the horizon with bond issue about to complete.

Things can move very fast, just takes 1 RNS, everyone knows multiple news now pending, and the big prize on the horizon.

DYOR