RE: Price drop28 Jan 2021 11:51
Dean you're getting bashed not because you state it will drift down without results but because you came up with a ridiculous statement regarding drifting back to "0.150s". For your information, since PJ took over and the company became POW, the lowest price this has ever been is 0.21p following the general market post covid crash on 09/04/20 when the company had far fewer projects and no drilling progress. From a broker note that appeared early Jun 20 (link attached), POW had the following projects in its portfolio and w/o the money in the bank it has now to progress them: Molopo Farms (Botswana), nickel, copper, PGM, up to 50.96%, Cobalt Blue Holdings (CBH), (Cameroon) copper, nickel, 100%, Kisinka (DRC), copper, cobalt, 70%., Haneti (Tanzania), nickel, gold + other commodities – up to 35%. , Ditau (Botswana), rare earth elements – 51% (under due diligence)., Katoro Gold Investment (equity and warrant interest). , Victoria Goldfields JV, gold, 49.9%, Alamo (Arizona, USA), gold, 60% earn-in (under due diligence)
https://www.powermetalresources.com/Uploads/2020-06-08-4047-FEL_POW.L_Buy_Note__08Jun20_-_11am.pdf
Now compare the progress made since the 0.21p days and justify your comment instead of playing the wounded soldier!