PYX Resources: Achieving volume and diversification milestones. Watch the video here.
@dickienicholls
Sorry been busy today...it's in the next sentence down from the 200m options quote....to be precise options end at later of 2025 AGM or 15 months from today....at least that's how I read it
Exact quote is:
...such power to be limited up to a total of 200,000,000 Equity Securities provided always that this authority shall expire at the later of the conclusion of the Annual General Meeting of the Company to be held in 2025 and 15 months from the passing of the resolution....
GLA
Thanks VLt
200m shares is a serious amount to be able to call on if needed to raise further cash. It does strengthen PRD position when potentially negotiating asset disposals with any 3rd party.
15 months quoted is also interesting. That takes us til around Aug 2025. And that's when they currently expect to conclude any serious business by at the very latest.
Let the show begin!
@Niraj, schemiel is right. Anyones guess really depending on how optimistic or pessimistic you are.
Some long term holders will quite happily take any profit after the pain they've been through, quite understandably too. Others hoping for valuations in the £bns. The answer will prob be somewhere in between, once they are taken out by a bigger fish. Whatever the final valuation, some of us will feel it too cheap! Lol
What's not to like here? It's a glorious day and finally, SEE look like they're about to make their move upwards. Promising numbers there meaning breakeven is sharply coming into focus.
Agree with Taverham. This just has to be a takeover target in 2 to 3 yrs time. How much is anyone's guess, but will be bags from here.
Having been here since 2013, our patience has been tested to breaking point. Let's hope we get the rewards we deserve for holding firm.
GLA
Sorry whatif, I take the opposite view. All successful businesses build a strong community ethos amongst their workforce. Key ingredient for this is an emotive vision everyone can get behind creating passion and a clear sense of purpose.
Past examples include the cleaner who helped NASA send people into space. I've come across people who help build ships for the navy, no matter how junior their role.
I'd leave it as it is.
GLA
As I humbly called it yesterday...SJ will prob start in the next couple of weeks and be done by month end.
They're prob still negotiating running order for sv101. That's anyone's guess but they will be trying their hardest to align timescales with SJ as much as possible.
Fireworks coming into view.....🎆🎆🎆.....bring it on!
Lol. Well done Fordy. The old ones are the best!
@IJWT - I share your frustration to an extent on timescales, as im sure we all do. But I suspect there is no news because negotiations are still ongoing on the running order for rig use with the other interested parties. If I was PG and thought I'd be at the back of a v long queue, I'd be on a charm offensive to try and push myself to the front of it.....as for sand jet, it wouldn't surprise me if that kicked off in a couple of weeks, or they slightly delay it to align with the drill rig work. All just guess work for us but just wanted to offer other potential explanations for the delays in comms. Not all delays are bad.
@seabright, thank you for a deeply technical macro perspective. One I will research into a bit more in due course.
@Jimmy, I can see the logic behind your concern re priorities but I believe they want their cake and eat it. I.e. get both sandjet and mou5 drilled as soon as they possibly can to maximize value. I guess time will tell if they get this right or other delays manifest themselves for either option.
GLA patient holders
Hi HB
Ooh the irony. AV questioning someone's integrity yet he can wildly accuse others of being liars without any foundation whatsoever...lol.....why do they keep trying? How do they hope to influence people when their credibility is sub zero?
GLA
Hi CCC
Always nice to know when you're living in a useless trolls head rent free.🤣🤣🤣
I can assure all AV is in the bin and will stay there for the foreseeable. I'm firmly of the opinion that you can't polish a 💩, and even if he tried to roll it in glitter, it would still be a steaming 💩.
Have a great evening all and I reckon the wait will be worthwhile for all genuine holders. GLA
Post history is a fascinating function on this site.
It can give you a clue as to the integrity of the poster and also their investment interests.
Waffenburrett has lost money in no less than 3 suspended companies this year and is in ARB and COPL. Doubt those investment decisions had the blessing of any IFAs but you gotta admire his courage and conviction.
Thebold is simply a FUDster. Not sure if it's for shorting purposes, lower entry prices or just protecting his overexposed CHAR position. But it's clear to most rational people I guess. Each to their own...
Dont believe me? Take a look for yourself. It's verifiable for all to see.
Both in the bin for me. I trust my research, understand my risks and have placed my bet accordingly.
DYOR and GLA
Blimey. Someone posts that they have had a response from SDX and it is instantly 'verifiable'. Gullible doesnt even begin to cover it.
I actually dont really care about exactly when our spud will be if it is only a few weeks late. People who do care clearly have bet too much on a high risk bet.
And btw interesting parallels between the timing of comments in here and the SP today. Just goes to show that trolls can effect the price if volumes are a little low.
I wish you all luck. Some need it more than others 🤣🤣🤣