Member Info for Sp28

Guessing NT to buy!

They rinsed weak holders after last week huge RNS! Most times markets make no sense.

This should be smashing £1+ in no time.

And as the drill results come throughout the summer, could well get extremely interesting!

Hopefully 'last last' back test done, and smashes through 50p mark once and for all.

Several attempts in the last 10 month. As someone mentioned last week, the more resistance at 50p, once it smashes through, the upwards momentum will be even stronger. And create a huge foundation as support at this level ;)

Fantastic opportunity at these prices, you only need to read the RNS's, and watch the webinars, could be colossal, and best of all no location risk!!

Unbelievable really.

Markets went down dragged us down, now markets up and no change!

Still the same bwfore the last stonking game changing RNS. Crazy opportunity. dyor

Phoenix Copper Limited

@Phoenix_Copper

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1h

Whilst drilling exploration targets we are also busy with activities to make sure we are ready for our planned late 2022 Production start-up. Here we are testing for ground water using piezometers.

Lots going on, watch this space for more news

We have already had 1 game changing RNS last week, market still sleeping!!! You only have to look at the photos. Upto 75% sulphides, literally oozing out from the core :)

On the back of this RNS, long standing 50p resistance should have been crushed! This should already be flying. I have a feeling, once it goes past this level (anyday now), there is no stopping!

Plenty of drilling to be done over the summer, constant flow of news expected across the full portfolio of projects.

Exciting hold, upside is exceptional.

From webinar 01/06

Amazing to hear the BOD want to list this on LSE Main Market and Nasdaq.

Anyone have any ideas when this could happen?

Forgot to mention the grades could be tremendous.

Historically copper came in at 8%!!!!
When global average is less than 0.5%!!!

DYOR

RightOn - Understand your point, but I differ.

Only 1% of Empire Mine explored, potential is mind boggling.

We have a huge advantage with zero country risk, emphasised even more so with the latest trouble in SA.

Institutions could well start building a stake at this low valuation, when upside could be ×20+.

And a major could swoop in as they will be thinking of a first mover advantage.

With a very low number of shares for a mining company (130m fully diluted), and cashed up, this could really be flying towards £1+ in the short term!

NT to buy right now any decent volume. Smart will be buying, as its hugely devalued.

To put in perspective, when they are fully operating end of 2022, our current market cap is equivalent to around 1st year EBITDA!!! What a joke.

And everything else valued at ZERO!!!!
Market still sleeping.

Skippysb01 - Totally makes sense. Thanks

But it's not a conventional dividend, has anyone experienced this before?

If share price is 40p, a special dividend is confirmed at say 50p (hopefully a lot lot higher). For a normal dividend we always see the share price go down by the dividend amount, what would happen here??

Obviously with a total buyout, don't goto worry about this.

As everyone knows, when the BIG RNS comes, you are either In or Out. It's as simple as that.

It's a consortium who have sent in a proposal to buy sognificant assets/whole company, it's a complicated growing business, and deal will be huge, things just take time!

Waiting and sitting on your hands is the toughest thing to do. Patience

Just think about it, ONLY 1% of Empire mine has been explored to date!!! Staggering

I would advise anyone to read their latest comprehensive presentation on PXC website.

Such exciting news flow to come over the next few months, could be non stop!!

Todays news was a complete gamechanger,
transformational for the company.

Latest tweet from PXC

Phoenix Copper Limited

@Phoenix_Copper

·

58m

The 2021 drill plan includes; 4500m diamond core in the Deep Sulphide target,

2300m reverse-circulation drilling at the Navarre Creek #gold zone,

3000m of diamond core at the high grade #silver-lead Red Star and Horseshoe/White Knob & more…

Famous saying which i thought is very apt:

They say a picture is worth a thousand words, but when I look at this, i'm speechless!!

If you haven't seen it, you can find pictures of the drill core on their website

;)

Pictures of the drill core are absolutely mind blowing!!!

Surely this is massively undervalued now.

With assays to look forward to, and an aggressive drill program, H2 could be transformational. IMHO with the latest drill core, its a game changer.

At this price, risk/reward is fantastic, pound for pound, one the best!

Aggressive drill programme
Drilling to start imminently
Fully cashed up
NO DEBT
MAIN market listing

Upside here is truly staggering

When someone mentions 50-100 bagger, normally you laugh it off. Its a very real possibility here

If the drill bit proves what they think they have this is going "Virgin Galactic"

DYOR

Maybe last chance saloon to buy at the placing price! What a gift.

Ben would not have bought another 737k shares with all the information he has in his hands!!!

Once the drill bit starts turning...

Clearly manipulated. Same pattern week in week out.

https://youtu.be/LjKnGEESBbE