They have had more then enough chances to get in UNDER 4.25p
It stinks
It's not !!!!
another one takes the ****
Friendly , you started your reply with WTF , and we all know what that means.
Insecurities lol , trust me I'm fine.
I took 5 mins to read your posting history, i can already tell the type of poster you are. Your responce to me is pretty much exactly as I expected.
Have a good weekend donk
At ease you complete eeeeeorrrrrr and take a chill pill.
Read my message and previous messages before you come at me like a kid that just found out santa ain't real.
I said I don't believe pow will get a commercial discovery on their own without the help of a j.v on projects such as molopo or via a ipo doing it for them and I completely stand by that , of course gmet is off the ground as is fcm , again I ask you to read previous messages of mine and you will see that I think gmet is prob one of only 2 projects we might see short term gains. The other is decent drill results at molopo. I don't however believe for a second gmet can say they have a potential tier one copper mine but pilot mountain has the political ingredients and commodity ingredients tondo very well.
When i said getting ipos off the ground if they ever get started I'm on about future ones , because pows buisness model isn't based on 1 or 2 ipos I can see us having over 10 in a number of years.
But here's FACT , FDR has struggled to get of the ground for god knows how long , and it isn't getting off the ground until market conditions improve, that has been communicated more then once to market and as early as today , and quite frankly that could take forever , U.E.E doesn't seem to be getting any closer to going live either. I don't want pow to have one or 2 ipos trying to find a discovery for them at no cost , I wasn't 5 , 6, 7 8 the more the merrier. Its the model after all
All the time FDR is staying put with no money in the bank who do you think is likley paying for the salaries and work, highly likely the pow shareholder.
I'll also invest in what company I want to and whatever market that company is on, I certainly don't need any free advice from you.
Have a good evening
I 100% agree with that statement , pow won't find commercial discovery's on thier own. Will be either via a ipo , if they ever get off the ground or by a j.v such as molopo
Jo today your saying drilling is risky , 1st december you Said the following
POW has diversified so much that even if they did get lucky & make a discovery the amount of dilution is such it would have limited effect on the share price. Sean needs to get a grip, prioritise & drill.
Do you want to drill or not? Personally I'm not sure what other project can offer short time results from drilling
The rns was a waste of time , nothing new apart from planned drilling in q1 , its not even signed.
I don't think it will take as long as last time ,as I don't think this campaign will be as big as the last one , I believe we are only doing it to create more value and gain better data due to not yet securing a j.v , how many meters , how many drill holes and how it will be paid for Is more of intrest to me
How on earth did you come to that conclusion
Nothing to respond too, it's drilling results, confirmed partnerships and finished documents that will be the diggerence in my opinion.
This is to give share holders a update
I disagree with all this talk of potential tier one discovery.
A lot more needs doing before you can say you have a mine generating 300 to 600millon a year revenue for 20 years plus whichbequates to a tier one copper deposit . I'm sure the initial exploration has shown very encouraging results , but please tier one copper is nothing short then a headline from the pow text book of pre hype .
That's why in my opinion the market has reacted to such a headline with a minimal raise to the s.p
Neither molopo or tati are currently having work done so yes I'm unsure what you mean by botswana work will continue , even after looking at the last rns's
Yes I'm sure pow will he drilling again as they plan to do just that on molopo next year , but a couple of drills doesn't make a commercial discovery , I would actually go as far a ls saying pow will NEVER find a commercial discovery and it will be one of the ipo that find it for us with luck involved . (The same ipos you worry about finding one which is a little strange)
We both want the same thing sol , think we have very different expectations on how that will happen
Sol if one of the ipos find a commercial discovery , (gmet for example) and we own over 60% of shares then our s.p will react without having to spend a bean.
Ggp found a discovery as they were drilling , big difference to what we are doing.
Unsure what you mean by the botswana projects should be continuing?
I wasn't asking a question mate , i was simply saying I don't believe we are making any revenue as sol suggested.
I have spoken to sean a few times and am invested for the long term , however that doesn't mean I have to be ultra positive about everything.
The type of exploration we conduct and the market conditions we are in , it doesn't really surprise me on what we have achieved this year.
We all have different expectations , some think or expect a commercial find is possible in each exploration , it not in my opinion unless we start using the drill bit.
Money is also a lot tighter then things are suggested on here, otherwise our exploration would be a lot quicker and bolder then it currently is. That's not a moan by the way , its a realisation of where we currently are , there are many factors which can change that quite quickly.
Hi sol , happy not really
What you have described is a placing mate , its not profit and a cash flow that comes in. There's a big difference.
Placing is dilution with the issue of more shares
I'm not trying to antagonise by the way, it was a simple question
Hence why I think depending on what cash is left from the last placing and the exploration sean has suggested he wants to do I won't rule out another cash raise.
It might be by selling of some assets , might be from a placing , certainly won't be from revenue and profits
Sol where do you think pow might be creating revenue?
If he's a paid shorter then he will be making more money then the rest of us , his posts don't come across as a shorter either , more a concerned holder.
Tends to be the flow on a lse bulletin board , say something negative you must be a shorter.
Sean's plans for 2024 which include a molopo drill, a uranuim exploration , trying to get at least 2 ipos of the ground. A tati exploration and potentially a lithium exploration plus salaries and general cash burn will eat through that 500k in a heart beat, its not the 500k that will pay for it , its hopefully some of the remains of the placings we had earlier in the year.
2023 has that been a successful year for pow , maybe posters should answer that question before jumping on the ones that are not so positive.
I would say Roger your choice of words at times (prob like me) don't help you , don't disappear when if or hopefully we start picking up again
Https://youtu.be/8yi-ne3Gtos?si=-cXH_dbzxVzaYmc0
Personally not invested here but thought I'd post as I come across it
Anyone making money , or contunue to lose it like me haha
Portfolio nice and down right now lol
No problem , wasn't arguing simply debating