Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
The answer to majority of what you typed jp is no , hence why I wondered what Sean's answer would be.
Results from tati effecting s.p positively, no chance , its only follow on work
Results from Canada, I'm sure any substantial news would have been mentioned by now , just like the helium find was. Again basic exploration that in my opinion won't move the s.p.
Molopo , we haven't even been given a date on when we are drilling yet let alone the results that might effect the s.p ( molopo in my opinion needs to happen as soon as possible ) but unlikley till next year.
J.vs I don't believe hence why we plan to drill molopo
Cash disposals , we still have silver peak and hanetti at a stand still , if any where to go I would expect them.
Jorc resources not from any exploration pow do as its not our model.
Discoveries , unless molopo drill does something not in the next year in my opinion , any discovery would be via ipo.
Gmet , funding could come and that might move us , however the gmet telegram group we were advised to be patient, that's after 6 months. So any ipo that lands I'm guessing they all need a year to do their thing.
I used to be so excited about this share , multiple drill programmes, bonanza grades , talk of company changing projects , and now it feels like a multi year hold before we might get a discovery , thats before we even think of a decent return on our investment.
Just my boring opinion where I really really hope I'm proven to be drastically wrong
Would love to know what Sean's responce to investors would be if any asked the following in new orleans
What short term catalysts can you give me that should impact power metals share price in a positive way?
I would hope there is more of an answer then we are hoping the markets improve?
I'm glad one blue day in a month satisfies you.
I'd rather pay a month's subscription then give out a email address on lse lol
Hi Roger, do you have any examples of the AIM companies that have gone down the otc route that have ended in failure, I'd be interested to know which ones.
Gmet have kist been added so it will be intresting what difference it makes for them and us over the coming months
Hope your right but what on earth makes you think this looks like a short visit in the 7s
Maybe add its my opinion that this might be ...........
Scotty dog if you understand the model you will prob accept there won't be any significant drill campaigns done by pow
My opinion on what happens next
Canada a similar exploration campaign as this year , but they will do more work round any targets identified.
Molopo small drill campaign ( I don't expect multiple holes ) to try and ignite the project , I don't think this will be till next year.
Tati I have absolutly no idea what will happen with that.
Saudia Arabia, I expect a fee licences will be brought and that will be hyped up before we even start exploring.
Silver peak and hanetti will be the same updates from 2020 all the way to 2030 , absolute non starters currently with no sign of impending life.
Ipos , you would hope fdr and u.e.e will get of the ground at some point in the near future.
Here's my main issue , and the gmet telegram group only highlighted it without realising it.
The time it takes to get licences , do limited exploration , get it in a ipo and then get any real value for pow are all years in the making , someone yesterday on telegram was told that gmet isn't being given enough time to get real value , as its only been 6 months , and in all honestly in the world of mining they were correct , 6 months is naff all. But ........ if gmet is supposed to be the one with the best chance of crearing real value for pow and we have to wait for over a year say before we can expect value for us , how much damage will be done in the time while waiting for one of these ipos to realistically actially take off.
Do we give fdr a year after ipo same as u.e.e.???? The money to get these things started and time to allow them to flourish is worrying.
And it seems all we have to combat that is a super cycle or a turn in market conditions which we have been waiting a age for or something being hit at molopo.
What also worries me is when the markets turn all Minera will be after the cash , what does pow have that stands out in the short term which they can compete with other moners over. After all the market turns for all not just pow
Mr plumper what hint are you actually referring too , I read its still down for launch this year, what part of the rns suggests they are now talking next year
Yep agree with parts of your post Roger, for me pow are never gonna do a major drilling campaign , they will leave that to the ipos , the time it takes to do our limited exploration and then get these things into a ipo is taking way longer then it should imo.
The molopo drill could be the exception, I say could because 1 we never know if we are drilling in the right spot until assays and 2 molopo history isn't great.
I wouldnt say a raise isn't always bad , molopo was paid for by issuing shares to the company for 2.5p each , this was when the s.p was approx 1.5p so reality is that isn't a bad deal for shareholders.
It's unlikley the next raise will be as good though imo
As always dyor and all that blah blah blah
I'm in the long term camp and haven't read loads of messages , but we seriously knocking someone that's made 8k in a day.
Fair play to him in his individual journey sharing the same road as the rest if us , to some it might not be a lot , I hope to make more here long rlterm but 8k when some are sitting on losses ain't bad
Still can't get over the timing of this thread
Devil 666 goes on some weird angry rampage
23 mins larer he looks a complete fool not to be heard of since.( sorry bigger fool)
Wonder when he will rise again , ego took a serious battering today
These speeches are not for current investors looking for a update , they are to try and convince new investors to part with their money and invest in pow.
I fully expect the same spill, a spill that will fall on fresh ears , if he wasn't doing that we would be moaning , surly we shouldn't be moaning g about at least trying to spread the work pow is doing.
Will it work , that remains to be seen , but he needs to keep plugging away. After all we won't get the volume we crave if he does nothing
Aged well
If pow have what they think they have then I think a j.v isn't out the question , but in time , a j.v might want to see more evidence of a proven resource.
We are still waiting for some results to come back, a lot of licences haven't been touched for 3 or 4 decades , I would expect another exploration campaign in 2024 bit not like say the molopo drill campaign. I think they will try and home in on potential targets first.
They will then look at a ipo which of course takes time before the real exploration starts.they are surrounded by majors in Canada so prove up a resource I'm sure we will get a great deal, however we need to prove the resource first which takes time and money
Doc do you think uranium will be the most chance of short term success. my opinion is the uranuim side of things is so early days we need to wait until next years exploration which might refine targets, it will need to go into a ipo and then further more expensive exploration needed to prove up a resource , of course free to pow.
i honestly feel there is more chance with Molopo if we can get the drill bit in the ground soon, maybe gmet with potential funding, a wallal drill hitting that lovely looking anomaly.
uranium i actually think will be a success but success we will need to wait for due tothe current exploration we are doing
Wiltshireman you say a find could happen today or tomorrow etc etc , I disagree pow will never detect a deposit all the time they are exploring from the air or doing soil sampling.
This will all come via the ipos , and they are taking a absolute age to sort out , once a ipo is complete they will do the further exploration that will involve drilling etc , and try and prove what pow believe is there. Not confirmed believe.
The ones that might create value are molopo and tati , currently waiting for sampling results from tati to determine next steps , again likley to be next ye before any news on that now , and we don't even know when molopo is to be drilled let alone paid for.
Doc part agree with your statement , however what many many investors brought into when investing into pow was a exploration company actively drilling. Now we do cost effective exploration that will never move the s.p while getting it ready to move into ots planned ipo.
The age its taking to get a ipo down the line it will be a couple of years before any current projects such as uranuim will be explored enough to confirm a deposit.
What happens to the s.p and number of shares in the meantime??? While we wait for such events to happen.
Many say we are all waiting for market conditions to improve and get this super cycle on the way , we'll here's a extract from a rns dated 22nd December 2022 ........After a long-sustained bear market for resource juniors, I believe that the sector recovery has now begun as demonstrated by rising metal prices and the evident growing demand for metals in most industrial settings and for investment security,
Does Mr rule only but winners???
When Mr rule sells does that mean its also time for everyone else to sell???
Rick rule investing is a endorsement, its not a reason you should buy.
Unfortunately I agree with Roger and art , the rns isn't really showing new info , it's prob more beneficial to potential new investors , I also agree FDR looks like a great prospect , I would like to know however how they have actually determined the assest has similar signatures to HAVERION , if that was the case why hasn't more exploration been done on it to prove that.
Haneti and silver peak even though bonanza grades were announced are showing no signs of life , the words used are the same as updates months and months ago. Pretty sure they have price tags on them and would be ready for immediate disposal.
What I have been waiting on is WHEN molopo will be drilled , when will the next planned explorations be , and more importantly how is this all gonna be paid for.
I agree Pete, Roger has invested his money and has every right to express his opinion on a forum. It seems that if you post positives it's well recieved if it's negative others come out in force like its some weird popularity content. A few snowflakes about that's for sure.
Least Roger posts an actual opinion and gives reasons why rather then simply post to jump to the defence of other posters while contributing absolutely fu.ck all in the grand scheme of things. After all shouldn't we be digesting and discussing opinions on a forum. I do agree it shouldn't get personal.
That said I don't agree with EVERYTHING Roger has to say, and I believe Sean wade actually listens to shareholders opinions , after all he is a large shareholder himself
2 examples I have of this are....
1) I have had issue with the media sean speaks to since he took over , I don't think it reached a large enough audience, choosing the likes of stockbox and the market bull as a go to , these 4 min videos were pointless , and talked about in the telegram group , Sean now speaks at big events and has tried numerous different channels to reach new investors , is it working ? Its a debate but least he's trying new things.
2) we all brought into a exploration company , thats changed and we can see clearly the company Sean is now trying to build and the end game of having many multiple ipos on the go achieving it through low cost exploration.
However the time line between now and that point for me is scary , dilution guaranteed, and no exploration that will put a rocket into the s.p , its like we are being set up to suffer for a couple of years in the hope we hit the big time when all the ipos are set up , sure market conditions are pants , but when they improve why would anyone currently look at pow. I have spoken to Sean directly about this , and questioned how do you effectivly get gamblers of the aim market to invest long term when there is loads of opportunities currently about on aim.
Well drilling into molopo might turn a few eyes back onto pow. Is molopo a guaranteed hit ? Of course not , it hasn't so far , but hit something with the drill bit and there might just be a few of them gamblers ready to bet on pow and start creating a bit of volume this share desperately needs. So good on Sean for at least giving it a go to try and create something at a lower cost drill campaign.we can also look forward tonsome drill rwsults rathwr then airbourne exploration or soul sampling.
Of course this is all my opinion
Tiggrrr what is your thoughts on POWs positive potential, where do you think the company is achieving and what is the areas you feel they need to work on.
Doc spoil it in what way exactly, for suggesting any serious questions should be directed to the conpany