PYX Resources Ltd (LON: PYX) is already quoted on the NSX in Australia and it wants to tap into an investor base in the UK that is experienced in the mining sector.
PYX is in a strong position as the second largest resources of zircon in the world with zircon prices increasing and demand remaining strong. An undersupply of zircon is anticipated so there will be plenty of demand.
There is plenty of cash for immediate needs even though none was raised in the introduction to the standard list. Management intends to increase zircon production at Mandiri and start production at Tisma. There ...
