Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
I have to say on this occasion LW, I concur. Which is why I bought into GMET rather than POW.
I see little evidence so far that POW will see a share price rise through the endeavours and achievements of its spinouts. In fact, the evidence would suggest the opposite. The way AIM operates, you have a minority who are LTH and who will see and invest because of POW's business model. They will appreciate the spin out model and its potential. The rest (i.e. the majority/herd) will only buy these shares en masse based on POW's own projects. I don't see the herd reading a RNS relating to GMET, for example, and deciding to buy POW shares in response. The chart of GMET looks much healthier than that of POW. They are not moving in tandem.
So, with that said, I am leaning to the view that in order for POW shareholders to see a return on their POW shares, we need some exciting news on one of our own projects, and not the spinouts. It's almost as if the spinouts are a sideshow when it comes to POW's own share price and the level of buying demand here. Just some thoughts....
Scotty don't you watch all the videos and RNS concerning the company? I don't think you have otherwise you wouldn't make such trite comments like a stuck record.
The model is robust on the investment side, maybe it's time to completely walk away from being an explorer? Value through investee holdings
scotty - are you being paid to do this? you clearly don’t understand the model, so why continually **** it off? are you even a holder?
US OTC has now changed over to POWMF
https://www.otcmarkets.com/stock/POWMF/overview
Dry your eyes
Making”
Sorry this is directed at scotty n0b
To be honest - what on earth is your problem - the company is moking progress and all you do is moan .
Here is a suggestion I’m sure we all will support xx
SELL UP . Move on !
Majority are happy apart form you!
I'd like to see some sort of deal done with the whole of the Uranium project, rather than the previous mention of an ipo spin off of UEE. It would fantastic if they can make a joint venture and keep it under pow. This kind of deal would definitely bring us more investors and boost the sp here. A spin off ipo is a bad idea imo. Look at gmet. Doing well, but has no impact at all on our sp at pow. When are we as shareholders at power going to benefit from the spinoff. Unless you have shares in the spinoff, we probably won't see any benefits until they sell shares at gmet
Couldn't disagree with you more ScottyDogg. Complete lack of knowledge of the POW business model.
At 14p a share this is a £15.4mil market cap today. POW's investments today in FCM & GMET are worth £8.4mil. Their pre-IPO investment values in FDR & UEE are worth £4.1mil, there must be at least £750k in the bank so that's = £13.25mil for starters. The market is now giving a valuation of £2.15mil for the following:
- Molopo – Conductor hit at depth, assays to follow
- Tati – Near surface gold found to date with opportunities for tailings processing for future revenue.
- GSAe - Future revenue stream
- Saudi IPO & future Saudi deals which Sean has stated are near. Sean also stated in the Proactive event a few weeks ago "the Saudi IPO will be POW's biggest to date"
- UEE IPO / U asset deals which are surely going to worth more than the UEE pre-IPO valuation of circa £1.5mil otherwise Sean wouldn’t have bothered listening to 3rd parties as announced last month.
- NBGC disposal worth up to £1.5mil as announced last month
- ION Battery Resources future IPO (contains POW's early stage Lithium assets)
- New Horizon Metals - future Aussie IPO which POW hold 20% of at present
- Silver Peaks (30% minority stake)
- Haneti (35% minority stake with partners Katoro Gold)
- Any upside from GMET as they move into a key Pilot Mountain drilling campaign with DoD funding possibly around the corner
If everything above is worth £2.15mil I give up! Well I'm doing the opposite of giving up in reality and adding more as and when I can, but you get my point. The market valuation at the moment is the most ridiculous it has ever been in the 3.5 years I've been a POW holder. Astronomical gap between reality and what the market prices this business at in my view.
Just full of hot air really , just repeating the same stuff year on year and adding no value to share holders . An exploration company that has found no metals to sell in all its history , so now thinks to pivot the business to just lend money out to other companies in the hope that they are successful.
Sean is doing a good job, lot of work behind the scenes I would bet.
Just checking tou guys know about this one Sean's put out towards the US market
https://www.youtube.com/watch?v=oxXQFhUbWPw
No stockbox interview from the rns this morning; so perhaps some more news to come. Hopefully something on the Uranium to bring back some excitement to the sp. If we see a great deal completed for the whole of the athabasca project, this should wake up the US market as well imo
I wouldn't exactly say the SP has taken a beating. It's down 3%.
All drilliing is speculative in one way or other especially if your target doesn't hit the real target. That is the reality of mining and come to that oil exploration. You never can be sure till what comes out of the expensive hole you have expensively drilled. By spreading the risk by looking for numerous metals and spinning off those likely to offer a good return, still speculation, at least we can ensure we don't run out of money which is always a risk with one trick ponies, even Kavango, and we will succeed no matter what the doomsayers pontificate. The old saying, not for widows and orphans should be amended to not for punters who expect a fast buck with little patience.
Should read, nothing factored into POW's share price
POW sells KAV @0.8p to fund a highly speculative deep drill at Molopo, meanwhile KAV shares hitting 1.3p today, talk about destroying shareholder value. And just when you think POW will jettison the dross & focus, they open up new fronts.
POW geos will have a very good idea what the cores contain, PGE is a little more complicated because the grades are always lower so a whole rock sample is required. Sean has evidently not given any interviews as doesn't want to give false hope.
In terms of the share price; they've been exploring at Molopo for 50 years so nothing is factored into KAV's SP. Its not a disaster so only a 3% fall. The market wants/needs commercial discoveries from POW.
I find it incredible the negativity on this board re Molopo. I think we are better off without these punters who regard anything that isn't some sort of bonananza grade as a disaster especially given that the the finds have yet to be assayed. Go somewhere else to spread your pessism.
I wouldn't go as far as selling because of molopo farms. If the results don't come back with anything, they should just get rid and that's it.. They should leave the Uranium under pow 100% or as a joint venture to help with costs and concentrate on this and power Arabia. The Uranium and Saudi will be the bread and butter
Selling because of this drill is madness.
SP rise will be driven by uranium deal. Saudia deal and GMET.
I do not understand the negativity - people have been pushing for feedback on the drilling - the feedback has been announced stating that, for the first time, they have hit the target. This has to be good news. The question of what concentration of nickel is present was only ever going to be after assay results which we know would be another couple of months.
A poor result would have been not hitting anything again......
They would of been better off not releasing any news today and just waiting for the assay results instead. The sp has taken a beating from a poor rns and now we have to wait another couple of months
I think they know there is no Nickle down there