Comment from PJ.
https://twitter.com/pauljohnson9691/status/1583085325949100033?t=6e7w_dJRxv3bh15G57YIEg&s=19
norm,
If the rumours of Munni Munni are correct UFO definitely WON'T exist in 5 years time.
Could be a lot sooner if AA want to put the money upfront to crack on with drilling.
norm,
What would be nice is to see what extra drilling at Munni Munni throws up and Anglo swallow us up!
Here's the tweet for those that don't follow.
https://twitter.com/Trisseswe/status/1582090131468492800?t=mhxG0AaXUD2Q4p0vVg32jg&s=19
Bob,
Whatever the case we've all waited 1,2 or more years, a few more weeks won't hurt!
There isn't any jitters where I'm concerned.
PJ cannot say anything unless it's factual as it could be construed as market manipulation.
PJ holds 76,000,000 shares.
He WILL DO what's best for shareholders.
I'm chilled.
Roger,
You are right, but if we find high grade Nickel spread over 100's of metres that'll do for me but it's early days yet.
Let's not forget these conductors are potentially 1000's of metres in length.
Anything could happen here, it could be nothing, totally mental or somewhere in between, only time will tell.
roger,
This conductor is potentially 100's of metres thick. On the original drilling I believe mineralisation was still showing at the end of the hole which went down to 600m(?)
If they go down to 650m and the evidence ends the mineralisation is still 100's of thick!
Just because they move the rig it means nothing.
People need to chill.
I want this as much as everyone else but what's a few more weeks?
ART,
I'm not disappointed at all, I'm quite chilled out.
I trust that Paul will update the market when he can.
He won't be able to give you anything on the core content as that will be considered to be price sensitive information but general questions he will answer.
Art,
They won't announce anything on what's present until the ASSAY results have been done.
Anyway the cores are coming out!
https://twitter.com/PowerMetRes/status/1580606639404507143?t=YkBO7_2vY4MHICZX8I8XMA&s=19
roger,
There's more than one hole being drilled here.
Don't worry about how the market is, if we hit high grade Nickel, or whatever the SP will rerate, but it will only move up from there with further drilling and that could take months.
If that 2nd huge area was to contain Nickel every major will be tapping at the door, but let's not run before we can walk.
People just need to wait for the results from the 1st hole.
Art,
Why don't you email Paul?
ART,
I have investments in multiple miners (and other sectors) some of which are going through(?) sale and touted JV partnerships, and NONE of them issue updates like POW.
Chill man, news will come as soon as they can release it.
Twitter update from Oliver in Botswana.
https://twitter.com/TheMarketBullAU/status/1580423132002668544?t=Jh_FtZhoTHvKu-ho1WPTkA&s=19
Roger,
Could be news but it could be anything.
There MAY be an RNS before the event?
It's all guesswork at the moment.
People on this forum moaning about no news, maybe its on response?
Just posted on Twitter.
Online investor event next week?
If you are not on the mailing list it might be worth doing so!
https://twitter.com/PowerMetRes/status/1580225717920739328?t=4jnBNiIYhfgcdgq0GG8-Kg&s=19
Roger,
It isn't for the directors.
It will be to reward those who are probably not on great salaries.
Again, the exercise prices are well north of where we are today.
RNS detailing additional warrants.
The important paragraph is,
"With the growth of Power Metal's interests the network of advisors has grown, and in line with the ethos of the Company, the Board wish to ensure that those providing valuable support to the Company can share in the exposure to equity upside."
Things are being put into place.