Member Info for Xenor

Indeed EnglishPatient. I have been following PXC ever since I made the decision to invest in RMM copper miner over PXC. That company went bust in late 2022. I lost a fortune. It was ramped like crazy. Lots of gullible investors roped into it thinking copper is important for the energy transition. Copper was supposed to be something like $15000 per tonne by 2024 and we'd be swimming in cash and 10 bagging our shares. Same excrement story is playing out here unfortunately. Mining stocks are giant money pits, and rarely does investing in them reward you.

If "investors" hadn't sold it down from the very recent 30p+ then the placing price would have been higher.

AimMaster2018, I fully expect him to come on here posting that he sold at the top of the spike in early January. He always seems to time the top and bottom in HARL to perfection. Apparently. No doubt got his time machine out here too!

B, I have been posting occasionally on this board for nearly two years now. How long have you been here?

Wow did you seriously create a thread on this board to have a go at me? 😂 Is this because I accused you of shorting HARL a couple of days ago? Talk of desperation...

I don't even check this board daily, just patiently waiting. If I had spare cash for shorting I wouldn't be putting it into CPI. There are much safer opportunities for shorting to scalp 20% from. AIM is full of them. I don't even have the cash to buy CPI right now if it dropped to 14p tomorrow.

As for falling a fraction, this is down nearly 20% since you kept having a go at me on the HARL board for selling it. I notice you haven't mentioned it on there since it plummeted back to the teens. So how is CPI going for you?

"The other issue is that the increase costs will probably have to be passed on raise the possibility of inflation going up later in the year postponing any interest cuts"

This old chestnut. They already passed on increased shipping costs when they rocketed post pandemic. Yet they didn't pass on the savings when the costs dropped. Are they seriously going to rinse us again? Maybe it would be better if the costs just stayed high, rather than bouncing around so that they have an excuse to raise prices further.

It's impossible to predict Caravan. I suspect it will be turbulent with traders all over it, shorters rushing to close positions and people jumping back in who sold because the risk was too high. I'm optimistic that we'll see the 20s again but it needs to be followed up with a strong trading statement as hitting that 200m target this year is also important.

As I've said before, 12p is the level the market has decided to attribute to the current level of risk with the finance deal. We've been here for around four months now. Any other news is traded away back to this level.

People are happy to pay 12p before finance lands but no more than that, and there's very little appetite for selling below 12p.

Stokey why do you think the appeal decision will take longer than the original JR hearing (which also had a summer break before the result)? I am expecting the result before the end of Q1.

Just noticed this website cut off the last two paragraphs of the text I quoted, which had some useful information. Here's the rest:

"There will be a special meeting of full council on this matter in the very near future. We are also, as you are aware, in receipt of a large petition that demonstrates the public concern on the islands about the plans to introduce new ships via private finance and not using the grant.

In view of this and the announcement last week confirming the signing of contracts, a paper will be coming before full council next month to deal with this petition and the concern surrounding this matter in order to take forward the recommendations."

Here's the full text:

"Statement by the Chair of Council, Robert Francis, re Sea Links.

Full Council 23rd Jan.

The statement I'm about to make is from me and not from full council because members have not yet been able to debate further on this matter. But I'm aware it is a view widely shared by members and the residents of the islands will be expecting a statement at Full Council today.

Your council has been working tirelessly with central government to try and meet the criteria that would allow us to receive the £48m that was allocated to us to procure new ships with a grant from the public purse. But it was not just about new ships; it was about providing a new and better service for our residents and visitors that was affordable both for passengers and freight.

You do not need me to tell you that we have many in our community who are marooned on these islands because they cannot afford to travel. Furthermore, our businesses and residents are struggling to pay for freight.

Unless we achieve lower tariffs for transportation the future looks bleak for Scilly. Central government has said understandably that they will not be able to use public funds to go into competition with a private operator.

The drawing down of private finance to require new ships has been thoroughly modelled and shows that it is unsustainable and the costs will fall on the user, our community and our visitors in the form of increased fares. This scenario which now appears to be happening is deeply disappointing and a complete betrayal of all the work by your council and central government.

Turning down this grant means the increased costs of travel will fall squarely on the shoulders of the user which is unacceptable. I can assure our community that your council will continue to push for affordable fares and freight and a better service for the user both on the life line services of the sea links and the air service. You will hear more about the airport in the finance report coming to full council this morning. We will continue this robust push because transport provision is fundamental to all aspects of life on Scilly.

Whilst the news of the signing of contracts for new ships with a French shipyard is devastating by any stretch of the imagination, it is the beginning of a new resolve to achieve affordable fares and freight and a better service for all connectivity for these islands. The Secretary of State for Levelling Up has written to me advising that he has set up a task force of officials to achieve solutions to the challenges that face Scilly in light of the current situation.

We will not be diminishing our efforts in this matter. We will be pushing on with renewed vigour and all our strength to achieve a transport solution that is fit for purpose and provides a good future for the user and indeed for Silly. We will not rest until this is achieved.

There will be a special meeting of full council on this matter in the very near future. We

Here's a link to a public group where the statement has been posted. Not sure if you will be able to see it if you're not on Facebook.

https://www.facebook.com/story.php/?id=100052521889459&story_fbid=962894658804588

Indeed Bubble. I for one appreciate the posts LSE03 adds. The agenda is clear to anyone following this board closely.

Desperate for what exactly Broomtree? The only information I'm waiting on is finance and I'm pretty relaxed about that. I suspect you're not relaxed because you likely have open a 12p short that has been hovering around break even for months.

Said it before and I'll repeat again... For someone who claims to be holding a hugely reduced position in HARL amongst 30+ shares Broomtree sure does spend an awful lot of time (2/3 of his LSE posts) talking about HARL, and rarely positive.

Clear agenda going on.

Indeed, sat here patiently waiting for my entry point. Let the dust settle from the March results and stagnation for a couple of months and then enter around May in time for the pumpers to ramp the results in August that should show the company turning a corner.

I can't imagine he would visit the yard if we didn't qualify for a UKEF guarantee (the shorter narrative). So this must be a positive sign.

The update in November was likely required by the nomad as it could have had a material impact on the share price. Turns out it didn't in the end.

AIM is largely sentiment driven, of course BB comments make a difference. Though I was referring more to the blog posts that pop up from the short crew at every opportune moment. Given some of the comments I read on Telegram some do believe their well crafted drivel.

I suspect we will get a trading update around the beginning of March like last year, which will be around 6 months since the last one in September. The end of December update last year was likely forced due to the problems with certain contracts.

I wouldn't expect full clarity on 2023 finances until end of June but we may get the revenue/loss figures.

Ideally JW should release this information alongside the finance deal announcement to avoid people panicking others into selling as happened in early July. We know 2023 was loss making but that won't stop people from defacating in their pants if a loss is announced and we don't have the finance deal over the line.

By the time they get this money they're going to need another fund raise.

so coxonopolos you bought for 5.3 and sold for 5.53 two weeks later. i wouldn't have bothered. there are much easier ways to scalp 4% in the markets without having to ***** and moan every day on these boards.