Member Info for Poppabear79

Bye Crazy catch you on another board then

The investigation looks to of been completed and the parties involved have been taken into custody, no mention of any arrest's for PYX also - Tisma Deposit: Success Already Secured

License Status: PYX successfully renewed its Tisma mining license for 10 years in late 2024.

Outlook: Since Tisma is not the primary focus of the current corruption investigation, it remains the company's most stable path for future production

To PYX's knowledge, all mineral sands producers in Central Kalimantan have suspended operations pending resolution of licensing matters.

While PYX is not the subject of any specific allegations, the Company is committed to full cooperation with any investigation by the relevant authorities and supports efforts to ensure regulatory compliance across the sector.

PYX has welcomed site visits and audits by relevant authorities and has received verbal assurances that its RKAB may be reinstated upon submission of supporting documentation.

Oh I saw it, was glorious lol

Ifiknew tell me about it, so pleased i stuck with GEX :) waiting patiently as it has been a little roller coaster, we've had the P&D crew here, the doubters telling us all sorts, but you were a guided voice of reason with others on this board, it's nice to see it like that again.

My bad i skimmed it, only one coffee this morning, but still nice to see it moving forward.

Haha i only just saw this morning's RNS

So the RNS shows the work site has been finished and drilling starts on the 12th FEB

Got all your bases covered there, it will go up but also down, wise sage you are!

Do you walk around supermarkets warning people from buying goods at prices that can be bought elsewhere?

Crazy what i don't get is your hero like moves, coming on here to save us all? why?

There is no evidence of any investigation into PYX

Across all search results, there is zero indication that:

PYX is under regulatory investigation

Indonesia is reviewing PYX specifically

PYX is being targeted for compliance breaches

Instead, everything points to broad, systemic regulatory reforms:

RKAB suspensions hit 14 zircon producers at once. [joshthompson.co.uk]

The mining ministry’s actions were aimed at oversupply, market manipulation, and tightening oversight across the entire industry. [indonesiab...sspost.com]

PYX’s licence lapse (Mandiri) occurred because the government froze all renewals, not because of wrongdoing. [nsx.com.au]

Hey for all I know they might, but i've searched and there's no evidence of that, weird!

RKAB approvals are now active again

✔ The suspension that affected 2024–2025 is over

✔ Approvals for 2026 are being processed and granted right now

✔ The system is now fully annual, digital, and faster (5–8 working days)

Guess we just wait

PYX has successfully renewed its Tisma licence for 10 years, demonstrating regulatory compliance and strong environmental practices.

● The RKAB system is expected to return in 2026, which may reopen the path to licence renewals.

● There is no evidence that PYX has breached regulations at Mandiri; the challenge is systemic, not company‑specific

But don't forget Total assets: 87,729,772

Yeah nice healthy balance is good

I think there are afternoon posters that are from the US

What problem? i don't see one, the whole country has there permits on hold thats no secret, they had a change of process it's well documented anyone can find it, PYX are just in a queue thats all, and thats why i'm HOLDING

Leverage position

Liabilities as a proportion of assets:

9,904,830 / 87,729,772 ≈ 11.3%

This is low gearing. The business is minimally leveraged, which reduces financial risk.

Overall financial health impression

Based on the limited data provided:

• Very strong net asset position

• Low debt

• Adequate liquidity

• Low financial risk