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On share talk Mike said argonout had valued the tax losses at 18-22m aud dollars and expected company to receive around 50% of that. That would be around market cap

It might highlight to the market the value that POW has in GMET, currently the market is completely overlooking this value

Won't be published until financing has been sorted. Auditors won't be able to sign off as a going concern if financing isn't sorted

Not shovel ready - operational

Surely going to benefit from Labour's attempts to double the number of housing starts

Which broker do people use for trading Marula? iWeb certainly doesn't allow me to trade Marula

If the results were complete and signed off they would be released straight away. Nobody is sitting on a FY report

"Given the multi-year and complex nature of some of the contracts under which the Company is working, the Company has commenced discussions with its auditors at an early stage to ensure that all parties are in agreement with the method of accounting for revenues throughout the duration of a build programme. The Company believes that it is taking a prudent approach to revenue recognition and remains comfortable with the market's expectation of £100m revenue for this financial year. However, the Company notes that a different approach to revenue recognition, whilst not changing the overall value of the contract, could lead to a range of £80m-£100m of revenue for this financial year, with any balance deferred until 2024. The Company will make a further announcement when the audited position for revenue recognition has been settled." We didn't get an update after this from the November 2023 trading statement.

No reason to take 6mths to release annual results. Get them released in March / April and the business can move on with running the business

Shares issued are just over 1% of shares currently in issue. That will generate c.$80m revenue for Jubilee per year for next 8 years at $10,000 copper price.

Scrap the earning enhancing bit - I'm getting the Supreme update and Jubilee update mixed up!

I didn't mention dilution.

However, with the acquisitions announced today they are deemed to be earnings enhancing acquisitions, which if correct will mean EPS increases. Are you not happy with earnings per individual share increasing?

They haven't 'gone to the market' they have issued, or are going to issue, shares to the vendors

Podpoint are offering £100 discount on home chargers if ordered before 1st July. Looks like they are trying to increase says ahead of half year

GMET raised funds last week at a premium to shareprice, not all Companies are like Helium 1

Last operational RNS on the 18th April said "This will impact the completion of the commissioning of the final circuits and based on the latest delivery schedules, the team is set to conclude assembly and commissioning by the end of May 2024."

Surely the next RNS can't be far off

'potentially receive', 'subject to the Investor achieving a minimum return threshold on its investment'. Not guaranteed and likely to be only payable many years into the future.

Not quite, GMET investment £11.9m, with Uranium JV 30% c.£4.3m (based on £10m for 70%) makes £16.2m against POW market cap of £20m.

Https://www.mineralproducts.org/News/2024/release08.aspx

I think the only thing that matters currently is when is the prospectus coming? in the Roast PR interview back on 21st March they said Interims out on 28th March the prospectus was ready to go and was being reviewed and confident it would be released before the end of March. We're almost 2 months later now and there has been complete silence. Why?

Immediately replaced? No one has been replaced. It is a proposal, would require an EGM and then would only pass if voted for by shareholders.