Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Take the spread out of it and we are barely up
Good to see us in the top 5 on the risers board.
Scotty - personally it’s individuals like you that cause conflict and put potential investors off ….
We are on the leaderboard , and all You want to do is deramp and moan .
Why don’t you just sell up You £100 and move on … you want the stock price to rise and you think it’s a decent thing to put people off … have you even listened to the podcast ?? Actually don’t answer that because you clearly havnt.
Go riddance
I think until POW actual find some metals then the market are not going to back them.
How many years have they been at it for now , and what have they found ? nothing really.
Thats the long and the short of it really .
You can sign a bunch of agreements to export places , but if you are not finding anything with your endless soil sampling then why would people invest ?
Nice on paper Tray, but the sp hasn't moved for pow. I've been here sticking by pow for a while and I'm still in the red. When is the spin off ipos going to push up the sp for us. Another ipo will again look great on paper, but it's not moving up. I still think the Uranium should stay under pow only. Bring the investors who are interested in the Uranium into pow and build up the balance sheet and sp this way. Separate ipos will not bring more buyers to pow and the sp for us will drag behind
Gmet has almost doubled and we aren't even back where we were when PJ was here as ceo
GMET shares & warrants in the money = £7.3mil
FCM shares = £0.6mil
Cash in the bank (estimated) = £1.5mil
UEE pre-IPO value = £1.5mil
FDR pre-IPO value = £2.6mil
Cash/Equity due from NBGC disposal (assumed we won't receive it all) = £0.5mil
TOTAL = £14.0mil
Market currently values POW at around £17mil today so the market is giving a £3mil valuation to the following:
- Any potential increase in the UEE IPO value with large investors lurking. Seems the plausible reason for the delay now with a future update in April 2024 most likely.
- Saudi IPO which includes a near term pre-IPO raise (doubt that will be £100,000s, more like £1,000,000s raised). Most likely more deals to be signed between POW and Saudi/Oman based on Sean's conversation with The Roast podcast this weekend.
- Molopo Farm drilling
- 15 additional Uranium licences not currently earmarked for IPO, one of which contains a solid Helium anomaly.
- GSA Environmental future potential revenue stream.
- Tati Gold project which has near surface gold grades (best results to date are shallow 1m @ 45+ g/t Au)
- 20% stake in future IPO New Horizon Metals to be listed most likely on the ASX
- 35% stake in the Haneti project which is 65% owned by KAT (POW/KAT relations my get stronger with the appointed of Paul Johnson and Sean Wade over at KAT)
- Future IPO of ION Battery Metals which will contain a number of Lithium & Graphite assets.
Just seems a steal to me at these prices but the market just doesn't seem to care for junior exploration plays at the moment. POW valued at £39mil in Jan 2021 with £500k in the bank and a couple of licences. Now £17mil but with a vast diversified exploration portfolio. The interest will have to increase here soon enough as the strong investment proposition builds to an inevitable re-rate event.
Saudi plans pushing forward now in addition to big investors lurking around the UEE IPO it would appear. The market still seems to value anything POW have an interest in at pretty much £0.
In my view the Saudi and UEE plans in addition to POW's large GMET holding are the biggest value drivers moving forward here. I feel a lot of investors still seem to think the likes of strong assays from Molopo Farms drilling is a business critical event ... it was 18-24 months ago but certainly not the case now. Any positive news from Molopo is just a bonus now. For me, Molopo and Tati have potential, but they also have the potential to be huge cash pits. POW seems to be focusing on reducing cash burn and getting as many projects as they can active through smaller indirect IPO stakes instead. Albeit the progress regarding the IPOs has stalled somewhat due to the poor appetite for junior exploration stocks.
All eyes on Saudi, UEE & GMET moving forward ... POW could be sat on a very healthy balance sheet by the end of this year alone and could easily dwarf the current market cap of circa £16-17million. Fantastic potential here in my opinion but the market seems to value that potential at £0 from some reason.
Really hoping tbe US OTC application goes through very soon; especially before the molopo farm results. With Uranium, lithium projects in canada as well; I think there is alot more investors looking at companies focused on greener energy over there and they also know more about people like Rick rule. This will be more attractive once it has a US listing for people not wanting to buy in pounds on Aim
I personally would prefer to see the Uranium to stay within pow than an ipo spin off. If we have big interest from investors with the likes of Rick Rule, we can get all the the help with raising funds for drilling etc. This will definitely help the sp here as well and bring in more buyers. (Today only 28 buy/sells and over at GMET 27) compare this to other companies that keep everything in one sp
Then why is the sp down !! These people need to get a grip and buy !
Plenty of interest in this IPO, Uranium market super hot still. Would like to see it happen sooner rather than later, think we are in the part of the cycle that big gains can be made, so get it exposed to a listing!
Also an update from GMET that looks positive.
Looks like we may be getting an offer for a big chunk of the uranium
RNS OUT
I would not be concerned about the consolidation. Just a technical event, nothing more.
Hopefully goes up slightly more before the consolidation. After will be 110,500,000 shares in issue and at current market cap. We will be looking at 15-16.00. Then we will see if it reaches 40.00 to see some profit. Imo I think it's possible if the results come back great from molopo farms etc
This only needs to get to 2.8 and everyone in from the start who have stayed will be in profit. That is not a lot to ask
Nice to see this on the rise.
Anyone going to the meeting next week on the 26th? I can't make it myself unfortunately.
If anyone is going, can update us on the chat?
Good time for Uranium, not much choice UK, FMET, AURA and that is about it smallcap wise and you cannot really count AURA to be small cap exploration, more project development now.
It is the Uranium royalty. The guys on the Sunday Roast said the details went out last week and email them if you want to be put in touch with the brokers who are promoting it. They thought it was a £2 million raise.
Would be the Uranium I would say
Acording to the sunday roast guys IPO on going
I believe that Rick Rule, and possibly Paul Johnson, are fans of the multiple royalty approach of earning money, whilst others do the hard work for you.
The RNS states the intention to grant POW the following royalty:
POW will retain its existing Gross Production Royalty ("GPR") of 0.75% over the footprint covered by RRAL exploration interests.
GLA
With no earning from the these assets the company has no option except constantly going for cash call or placing more and more worthless paper shares out into the market
Drrrr.....