Power Metal Share Price (POW)

GMET have the newsflow at the moment and the average AIM punter loves that. GMET looking very solid at present and DoD funding looking a very big possibility. POW a little quiet at the minute whilst their heads are down sorting out Uranium deals, Saudi IPOs, GSAe revenue streams etc. I would imagine. POW a different kettle of fish now. They are not a licence accumulator anymore and these bigger deals take time I imagine.

But are POW actually quiet when they hold 51% of GMET? That's the model at play here. Let the spin outs have the firework moments whilst it all cost POW 0 pounds, 0 pence and 0 time! GMET doing nothing wrong at present and that's all for POW's benefit as the controlling shareholder.

That's what I hope Sean is positioning POW to do with their Uranium assets. Get someone to partially take ownership of some or all of the U assets in an initial lucrative deal for POW where POW also hold a % of those Uranium assets moving forward on a cash free ride basis. That's what was effectively planned with the UEE IPO anyways which is currently taking a backseat. Now Sean has indicated on the RNS at the end of March 2024 that a better deal is now on the table for POW holders. That deal almost certainly won't involve POW raising £5mil to explore those U assets which is the minimum amount that would be need to make a dint on those assets. That's a high risk, dreamland investing strategy which happens in many other AIM listed juniors and sorry to spoil the ending, bit it tends to end in tears 99.99% of the time. I'd sell my entire POW holding tomorrow if that was announced as the plan.

All about doing the opposite to those around you at the minute. POW acting in the total opposite fashion to their peers with this model, so I'm happy as a contrarian to also do the opposite to the average AIM punter and back POW at this "grotesquely undervalued" level as PJ put it on X a few weeks ago . Time will tell who's right.

Let's see if you are right and the sp goes up here Tray. So far though only 7 buyers and sellers here today and we are way behind gmet. I'm here to hopefully make money in the long term and so far I've been in long term and it's gone down alot. I want the Uranium to stay under pow and bring in more shareholders here and not stay around an average of 10-15 a day; but let's see what happens in the near future and if Sean is right with shareholders here holding a lottery ticket or is it all talk. It may look good on paper, but that isn't bringing in the buyers. Cash in the bank, RNS drill results etc bring in buyers

Disagree Sol001.

POW made the strategic move in 2021 buying up all the U licences for pennies in 2021 when nobody wanted them. Just like they did buying Pilot Mountain when nobody wanted strategic tungsten projects. POW spent probably £1.5mil getting Pilot Mountain. Their GMET investment today is worth £8.7mil! The POW model here is working very well. The market will catch up soon.

2024 should be the year we monetise/crystalise that strategic move in the Uranium space in my opinion. POW have probably paid £500k to date on all their U assets. Let try and crystalise some value here as part of those ongoing U asset talks announced late March 2024 via RNS and reduce the cash burn. The POW model is all about reducing risk after all.

Can POW get an outright sale? Can POW get a JV to take over them so POW get the cash free ride? Will a U deal go ahead or will it simply be back to the UEE IPO plans? Time will tell, what I personally don't want to see is POW holding a huge land grab they cant do nothing with as the U space hots up. You are talking some serious dilution at this stage in the POW business model if you want to explore all those U licences thoroughly. I hope that option is at the bottom of Sean's to-do-list!

This is what we need. This company has Uranium projects in the athabasca as well and they have signed 4 joint ventures in the last 4-6 months because of the area they are in. What is Sean waiting for. We should be doing the same and keeping everything under POW/Powmf and making power a huge company as this other company and other companies in the area are seeking to do.

If we can sign a huge JV or a couple of them; this will bring in the big investors and shoot up the share price here imo.

You only have to look online and there's lots of talk on the Athabasca from other companies

https://youtu.be/2eT-fwEixog?feature=shared

Https://www.marketwatch.com/story/uranium-etf-soars-to-10-year-high-on-rising-demand-and-russia-import-ban-426c4621