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Phoenix Copper (PXC): Potential world-class cop...
Phoenix Copper (PXC): Potential world-class cop....
About this update from Phoenix Copper Ltd. (united Kingdom)
[{"type":"text","content":"\n \n\n\nHardman & Co Research\n\n\n\nHardman & Co Research: Phoenix Copper (PXC): Potential world-class copper-gold-silver mine14-May-2020 / 10:05 GMT/BST\n\n\nHardman & Co Research: Potential world-class copper-gold-silver mine\n\nPXC has consolidated the former Empire mine (which recovered a phenomenal 3.64% copper before WWII suspension), three other former mines and two deposits into a potentially world-class copper/precious metals project located in one of the most favourable mining regions, Idaho, US. The planned initial silver mine will provide cashflows to develop the extensive copper-gold-zinc mineralisation in the rest of the ore body. Our estimated DCF valuation (based on silver mine only) is 31p/share. Substantial development work has been done on a first-stage (shallow oxide ore) copper mine, for which we estimate a £17.3m NPV if greenlighted today. \n\nPlease click on the link below for the full report:\n\nhttps://www.hardmanandco.com/research/corporate-research/potential-world-class-copper-gold-silver-mine/\n\nIf you are interested in meeting the company, you can register your interest by clicking on the above link\n\n\n To contact us:\n\n Hardman & Co35 New Broad StreetLondonEC2M 1NH\n\n www.hardmanandco.com\n\n Follow us on Twitter @HardmanandCo\n \n \n Contact:\n\n Paul Mylchreest+44 20 7194 7622\n \n \n \n\n [email protected] \n \n Hardman & Co Research can still be accessed for free after MiFID II. Please click here to read the statement.\n\nAbout Hardman & Co: For the past 25 years Hardman has been producing specialist research designed to improve investors' understanding of companies, sectors, industries and investment securities. Our analysts are highly experienced in their sectors, and have often been highly rated by professional investors for their knowledge. Our focus is to raise companies' profiles across the UK and abroad with outstanding research, investor engagement programmes and advisory services. Some of our notes have been commissioned by the company which is the subject of the note; this is clearly stated in the disclaimer where this is the case. \n\nHardman Research Ltd, trading as Hardman & Co, is an appointed representative of Capital Markets Strategy Ltd and is authorised and regulated by the Financial Conduct Authority; our FCA registration n...