Member Info for sportbilly1976

https://twitter.com/Phoenix_Copper/status/1395475246212386818

Please keep in mind that the calculations in this Economic Model were made using the $3.60 #copper price. "Any increase in the share price goes straight on the bottom line."

* I think they meant increase in metal/copper price
#PXC $PXCLF

htTps://twitter.com/Phoenix_Copper/status/1361594806288474114

"LOM (life of mine) revenue of $784 million, producing average annual production of 8,550 tonnes of #copper, 1,970 tonnes of #zinc, 17,235 ounces of #gold and 680,050 ounces of #silver" - Read our Empire Mine Open Pit updated economic model for more!
https://londonstockexchange.com/news-article/PXC/empire-mine-open-pit-updated-economic-model/14866015
#PXC

However - if you were to use today's spot prices, then the LOM revenue almost doubles to $1.45 billion, and also the EBITDA from just copper and gold production comes in at $650 million

Still from just 1% of the total resource area too! ...and yet we still see sellers???

https://twitter.com/Phoenix_Copper/status/1382338703251607559/photo/1

Updated map following this morning's rns

htTps://phoenixcopperlimited.com/empire-mine

Given the additional land's location (green shaded area on the map?), absolutely no reason to not suspect there could be additional resources held within it, as well as the cost savings to be made via shorted haulage routing.

Quick calc - Company has secured an additional 20% of acreage today, both for cost savings on haulage routes and also with the potential for additional reserves too

The mine economics & company fundamentals just getting stronger and stronger

Chile shut down due to COVID...they account for around 30% world output

50k available at 34.75p and up to 130k under the displayed 36p offer

you can buy just under it still

It was - quotes via ISA platform

IG quoting 37.3684p for a 250k purchase at the moment

35.8p for 100k...get two lots and then 35.26 for the balancing 50k :)

Added to that - a FCF averaging the current market value of the Company every year for the first 11 years of the mine's life, with just 1% of the resource area in production.

Conservative and sustainable dividend policy of 25% FCF sees approx 9p a share (25% current share price)...a very healthy 25% yield for those income seekers!

https://www.hardmanandco.com/wp-content/uploads/2021/03/210329-Hardman-Phoenix-Copper-PXC-RELOAD-a-mountain-of-copper-silver-and-gold.pdf

Base value of 95p/share...using recent metal prices this rises to 139p and applying the same 8% discount factor to Red Star as Empire and it rises again to 162p/share.

Al still on just ca.1% of the resource area too

From the Telegram group it seems everyone is being scaled back proportionately.

It might be worth a call to your broker to see what info they have and timescales etc on returning monies allocated to the "extra" requested to enable purchases in the market for the proportion you now won't receive

I have applied for my 10% and to double up with an additional 10%.

Also note, the Company will only issue shares applied for. There will be no overhang of excess stock not taken up by individual investors (unlike a placing or rights issue).

Current, highly conservative SOTP value at 64p/share. Cu price of $3.50, Au price of $1.500 and Navarre Creek valuation of just $5mln

https://bdadvanced.ipreo.com/UI/RM/ReportDownload.aspx?rid=AR_BfIxKj_yoNXqfgrHnDnA&recipientid=679532975

Looks a copy of the 10:15 rns to me "...anticipated to complete after the market closes today"

Reason is consolidating the financials under IFRS

Closing mechanics, nothing more. Potentially a day or so.

NOT the 20 days people are saying on here - that is for the cancellation of the Canadian exchange shares.

At least 3 months?

Based upon what? They have been working on the prospectus since December

"The United Kingdom's Financial Conduct Authority ("FCA") has confirmed to COPL that, although the completion of the acquisition of Atomic will be regarded as a reverse takeover for the purposes of the Listing Rules, no suspension of trading in its common shares will be required until such time as the acquisition becomes unconditional ie completion. Further, no suspension will be necessary at all if COPL can file an approved prospectus with the FCA by such time reflecting the acquisition.

Having only recently filed an approved prospectus with the FCA and having already produced a current competent person report on Atomic's assets, the Company does not anticipate having any trouble filing an approved prospectus reflecting the acquisition of Atomic prior to or concurrent with the completion of the acquisition and therefore no suspension should be necessary."

https://uk.advfn.com/stock-market/london/canadian-overseas-petrol-COPL/share-news/Canadian-Overseas-Petroleum-Ltd-Response-to-Market/83942629

No.

The 20 days is for the "other securities" for COPL to be cancelled - these will be those trade in Canada. (Rule 5.2.8 - https://www.handbook.fca.org.uk/handbook/LR/5/2.html )

The re-admission will be on back of prospectus & company requesting readmission from FCA. Could be tomorrow, later this week, next week....but they have been working on this for a few months already as per previous comms from the Company.

Confusion seems to be rampant on here ...some deliberately playing smoke and mirrors, others revealing their altruistic personalities and wanting to seemingly save people some money

Share suspended from close of deal (4pm onwards potentially) as nature of the acquisition is a RTO. Normal process. Shares will be re-admitted on either publication of prospectus or the Company requesting rednmission from FCA

Cancellation - as per https://www.handbook.fca.org.uk/handbook/LR/5/2.html this is due to "other securities" - so imo their TSE listing shares.

The suspension and cancellation are NOT linked.

Cancellation will be 20 days post completion of Atomic completion. Re-admission could be anytime from when prospectus is published and FCA contacted.