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Power Metal Resources* (POW LN) 0.98p, Mkt cap £22m – Drilling begins at Molopo Farms Project, Botswana • Power Metal Resources provides an update on its Molopo Farms Complex Project in Botswana, targeting PGEs and nickel. • A priority drill target was generated from a geophysical conductor last year, encouraging further drilling. • The anomaly raises the potential of a strong, steeply dipping feeder zone. • Drilling contractors have now been mobilised to site, with drilling expected to start in the next few days. • Power Metals holds an 87.7% interest in Molopo Farms via a private Botswanan company. *SP Angel acts as Nomad and Broker for Power Metal Resources
Hi all - my most recent youtube video gives my thoughs on POWs ongoing activities.
Hope you don't mind me sharing the link here.
https://youtu.be/0wV5SV9MyuQ
A good move. See my post on 26th Jan. PJ is a fraud and I have said it many times I never trusted him. A blagger and a fake . Heard is no longer at POW.
I sold for now...money best put into a current mover. POW can wait until i am ready to re invest as it looks like this will drop further on NO RELIABLE NEWS?
GLA
we are bored of the same old hype and talk. People have had enough of all this talk of 'potential' and year after year nothing happening or no actual discovery. PJ is on repeat
Hellooooo anyone posting...or nothing to discuss. This bb has gone sour and was so popular?
X
In my professional experiences ‘cagey’ is not a good quality and nothing to normally be excited about.
PJ being cagey is for a good reason imo...
...news not far off...so he cannot say pre-RNS?
Hi great to see some nice posts on POW. Not normally so polite some of these boards.
I recently bought FCM and having seen the recent rns from both POW and FCM on ESA, and PICKLE high nickel at the JV thought it time to also look at POW. I think to diversify and hold both is a good plan, more eggs in my basket. Anyway, thanks again.
EUAjaygee
“ Hope You Like it,”
I can’t view it,
While i am waiting where my name suggests i am waiting i thought i would knock this up
for you guys. Hope You Like it,
https://youtu.be/Y0ysMgxSjlM
Good interview with Paul Johnson covering Molopo, plus the IPO strategy and success with the FCM stake
https://youtu.be/lZ5kxZsTI1s
https://twitter.com/AndrewShand/status/1564681542089187331 30.8.22
Some snippets from the interview:
Contractor well known - took 1/2 of their fees in POW shares at 40% PREMIUM.
2,600m drill program of 6 holes.
500m and 1,000m from K16 hole at Molopo Farms, Botswana.
Grades [question put to PJ] -Answer it is volumic.
K16 HIT the HALO.
Assays to be expedited.
Drill thru Kalahari sands of 130m, hit 330m top of target.
Also the flexibility in detail.
PJ was also asked about uranium. He said the last top price was $400/t.
Molopo , could be transformational.
Explained how co's can go up......etc.
Have a listen.
The RNS today is about drilling shortly at Molopo Farms, Botswana for nickel and PGMs.
The contractor will be PAID 50% in POW shares at 2 . 2 5 p.
Today's share price for POW is 1.50p/1.7p, Mkt Cap £24m.
52 week high 2.175p
52 week low 0.775p
The share price shot up from the low recently with the POW Molopo Farms RNS results
wherein the drill hit the edge of the conductor.
Usually, on many of these high impact drills, there is a lot of discussion and insightful to know about any other nickel deposit in Botswana & grades etc. This is in order that when the next drill results come out, one can have a better idea based on PEER/s.
However, times have changed and discussion ...
So, I await the next news wherein drilling has started given everyone knows that I am interested any potential high impact drill that may be of interest etc.
I was in Solgold and GGP and that was what I researched on prior to results and peers.
Tues, 30 Aug 2022
Interesting that the contractor took 50% of their fee in POW stock at 2.25p which is the highest POW shares have hit.
What sort of bird exactly?
The bloke next door just went out dressed as a bird.
•¿•
just saying
Subject matters a joke don’t thrash me, loads of potential for the future in this share land all over the place, my only criticism is the lack and time scale of progress and potentially not being able to focus on one project to maximise the most from the ground. Too many projects sometimes cripples companies. That being said one or two have a big hit maybe PJ might focus on that licence and maximise the materials.
Try the other POW blackbroad!
No posts here for a share that's going places!
To see the blue ink