Member Info for Alavib

Buy backs historically have not had much affect on the company’s share price, specifically if the amount of Bb is small compared to the no of shares in issue and company’s market cap, the only way SQZ’s SP is going to be re-rated is if they invest in a good quality overseas producer , this is the key to future success

SQZ has the means to find and purchase or even enter into a JV with a good quality long term producer overseas, but first they need to install a high caliber CEO in place give him time to embed and then try to find such producer overseas which will increase the daily production to around 65K , which given we already produce over 45K ourselves is not such a tall order one such overseas producer which is so under priced is PTAL which produce around 25K per day and they have potential to increase that to much higher

DYOR

Wrong post mate this is SQZ not GKP!!!

Legs

I fully agree with your post, POW business model has not and will not sit right with the markets unless a substantial discovery is confirmed , which up to date has not been the case

And until this happens the company which needs cash to function will burn the limited cash it has and soon or later will have no choice but to tap the share holders with yet more rights issues

Having so many projects without any viable income from any is a catch 22 situation it may be wise for the company to try to reduce its holdings to what they believe will eventually yield to some decent discovery and try to put up for sale those less likely to show anything in short term

Having ventured in KSA may yet prove wise in long term as this is a completely new and some might even say Virgin mining area where not many mining players have bothered to enter yet so in a way being first there may prove a wise decision

However like you I bought this when they hit 3.5 a few years ago when every share tip punter was tipping them to hit 10P I. Medium term!!! How wrong they all were

I can’t see these hitting 70P for me to break even unless a vastly major gold discovery and that is a big ask

GLA

Yes I agree, the rise has been sold into by 10% profit taker’s even though the spread was trying to luck them in

WS has to be a bit more real in terms of its finds all we hear in their RNS’s is that fantastic results huge finds but soon it goes very quite no follow up no what next

As though the CEO is only looking for short term SP boost so he can pull in a few more outside investors to coming in and buy at a discount

I think the CEO has to realize that the markets have worked out his tricks and thus the reason SP had dropped from 18P to the current levels and not moving much even despite a surge in SP a while ago where there was huge buying in the OZ markets

Please Sir dear CEO stop this constant talking the Find up and for once show real values confirmed by the market analysts

Only then the market may take this company seriously and we go back to those heady levels and stay there

Finally we see that SW had listened to voices of reasons and is getting rid of non commercial assets one being the recent one sold to RRR

For a company which has no revenue keeping 18 major projects worldwide just don’t make sense, as these assets will need exploration hence massive costs associated with such activities

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

I said before and say it again the company must recognize which of these assets have any monetizing prospects and concentrate all resources and available funds on to getting these potentials to actual and measurable resources and then get the big boys JV to push for actual production

A lot of junior minors POW being one need to manage their tight financials so carefully till they hit that ultimate goal of a substantial finds

I think POW have finally learnt this useful lesson

Going to KSA could be a game changer any sign of any decent find in any of the upcoming ventures will draw the big investors in this cash reach country

So we LTH’s just need to be patient as there isn’t too much else we can do as I am sure most if not all are under water some by by %

GLA

Share consolidation has never worked I can name many on AIM which have done it and their SP is even lower when compared with the price prior to consolidation

If the CEO thinks by reducing the no of shares issued by x20 is going to entice II’s to invest in the company he is dreaming

There are still far too many shred in issue even post consolidation

What will drive the SP up is to find the metal in measurable quantities and have JV’s with big boys in the mining

This has still not been the case for many years barring the couple of IPO’s where the SP of one has doubled cause they can show measured resources

The classic example of why the share consumption doesn’t work is the SP today down over 8% with very little between those selling and those buying

I agree, being in FT 250 does not mean a lot these days as LSE is the sick man of all markets

The valuations are so ridiculous but yet not many II’s are willing to invest in this sad market where any upturn is purely on news , this market does not care about fundamentals, does not price in cash in hand and or assets value , all in all London markets have become clueless and show no direction

Time and again we witness new lows on many excellent companies with no reasons whatsoever

I can see the exodus of many from this sick market as no one can put a reason as to why this market despite being so cheap is not being invested in by large II’s

I am at total loss GLA

The mining juniors right now are being absolutely decimated by this market as most if not all have failed to show real and measured finds which can be turned into real production

Case example is POW ECR etc

The only one which did manage this was Grateland gold which found the gold and got a heavy weight minor to come in and invest in their project to turn the finds into real production

WS can potentially be the same but the company seems not concentrated on the areas of their assets where there could be huge resources and they just carry out the annual cash burn without any light at the end of the tunnel outcome

WS have a huge potential to be 20 times the current share price only if they can go after gold in areas of their multi assets where it can be measured and hence attract investment from big boys for production

So until then the markets are not taking these juniors seriously which is sad but true

For all the talk about POW being a fantastic company to invest in one has to ask despite having 18 projects worldwide the company still hasn’t been able to determine with absolute certainty the amount of resources these project hold which can be measured against their potential value and how these resources if indeed any can be monetized

Right now this company looks more like real estate land owners and until such time one of these many projects show a measured resources that is the value can be attributed to this company

The real sad story here is the rather than be so spread all over the world they should nominate two or three potentially good projects and concentrate all the investment and cash burn on these to finally establish and confirm measured finds be it gold or other PGM resources then try to bring in JV’s to turn these into production

Only then the market can see a clear path forward as right now all the markets see is cash burn and fund raise billions of shares and no end product that can generate cash

A while ago the company announced that they are subject to country laws planning to pay between 2.5-3P in dividends

So based on that we had a 11% rise back then so it could be that a RNS is about to be issued confirming the payment of this divi more near the top end

I hope so as a lot of folks bought this share cause of generous divi at much higher price that the current SP

This Market has been let down so many time by this company before that unless there is commercially viable found that would attract investment by the bigger boys for production then all these test results are just that test results

But I got a feeling this time the company has learnt the painful lessons which resulted in previous CEO PJ to throw the towel and move out

PJ was so disappointed with the SP that he felt he could not do any more despite two very successful IPO the shares are now stuck at 1 penny mark.

So let’s see if this time round the company can prove the market wrong and show real assets which can be put to production

As for all their vastly spread mines all over the world we are still waiting for the big hit which has not come yet

I am a long term holder and bought in much higher price but will give them another 18 months to prove us all doubters wrong

Granted the cash burn is very unusual however please remember that they had to pay 139 mil$ in taxes and also paying high interest rate on the debt

However taking all that in consideration please note that on 41000boe production per day and over 55$ margin they generate over 2.2mil$ per day net income

So by the time the due date for the next divi comes around they should have sufficient net cash to not only maintain the current divi but given the most holders current angry mood may even increase by a penny or two, so I very much doubt they would shoot themselves in the foot by even considering a divi cut

Beside we all know that they now have almost a billion pounds available to them to make a decent purchase of another producing asset hopefully not in NS but overseas

So I think we should all just stay calm and see where this company is heading next I am sure in a right direction

I really fail to understand what was so negative in the OP update that warranted 11% drop in the SP

They maintained the production as expected and kept the cost of production to very respectable 19$ per barrel despite a big inflation and are now forecasting much better production in 2024

So why the drop then if anything this was a very positive Op and the share price should have been marked up

Which bring me to the game MM’s play knowing that there are a lot of nervy holders who had followed the stuff about CEO leaving and bla bla

This CEO’s leaving could be a blessing as he had managed to destroy the value in this company by his stupid TW deal so please guys have faith this will turn and turn big time to

Come on you guys, the update was nothing like the one from HBR where they forecast lower production in 2024

SQZ have forecast production much better than 2023

With a cost of production no more than 20$ p.b and giving the POO staying around current levels and assuming daily production in lower end of forecast say 42000 per day gives a margin of over 55$ per each po produced on daily basis this is a huge cash generator alone

Not to mention the potential for future investment which could increase the daily production

The markets are always ready to shake the tree on any excuses

Sit tight and don’t get sucked into the MM’s game

Hi there all

Can anyone tell me if their recent divi payment was received minus 25% tax deduction

As my HSBC share account has paid the recent divi but less 25% tax

And when I enquirer they said yes the divi for this share is subject to the said tax

Is this correct ?

The UK markets are so out of tune with real valuation of major uk companies

The current stock market valuation of ABDN is almost half of what they have agreed to sell today

Never mind about the rest of the business

How crazy is that I ask you?

Well you can ramp as much as you wish, markets are intelligent prospects and current SP tells you all you need to know about this poor company

How on earth can a company have 14/15 world class prospects in mining and yet never ever deliver a real prospect a good and decent find

No my good friend if you are filling your boots with this Share at current price you are throwing your good money away

Johnston did not leave cause of serious family health issues he left cause he managed to bring the company’s valuation to almost nothing despite all his previous experience with GGP and Tiger metal to name but two

As I said this market does not give high valuation on Jan tomorrow and POW is full of such jams

Stay away and use money in other more realistic prospects after all we private punters are in the market not to loose our shirt but to have gains

POW never did or will ever give you such gains even at this sad and stupid SP

3 years ago when this share hit 3.50P everyone in the financial media was talking about this becoming a multi bagger!!! So what do we have achieved Johnson gone for whatever reason 14 different projects all over globe and yet never ever hit one success story it was always yes such and such mine has shown great potential for massive find of some metal but never found any in commercially available quantity

So what do we have now? The market have worked out this company good and proper giving all those so called 14 world class project Zero valuation

And quite rightly so . The mining business is not about jam tomorrow it’s about finding commercial quantities of whatever metal and selling it on to show income and profit, two very important aspect that POW have failed to deliver year after year

I so stupidly bought at 3.75 listening to the media pundits so I have all but written this share off as most stupid investment I have ever made in fact all junior minors are the same they are and always will be junior

Yes but we are still a long way off when the SP was over 2£ the company is most certainly undervalued by a tune of 30% of current share price

But it looks like the management are on the right path and heading towards full recovery

I am still well under water as I bought in heady days when we were trading over £2

But I am happy to hold and the Divi even though cut substantially still goes some way to ease the under water situation

GLA

I would take these valuations with a pinch of salt

As it was the very same analysts who were putting an £8 valuation on the SP two years ago

The trouble is the AIM markets are full of 15-20% punters who have no interest whatsoever in the fundamentals of the company they only in this for a quick 15-20% gains and then they move on or buy back on dips for another go at their selling targets

LTH should distinguish these from real investors

The company is on the right path to growth and FCF in 18 months time

They have got rid of their loss making branches and have also generated huge sums from the sales of properties

Their my protein sales are going all over the world and they are penetrating markets in countries such as India and soon North America and they are already big in EU

So do not get distracted with sill games Market makers are playing they want your share on the cheap