RE: Warrants11 Dec 2021 17:15
Felix,
You can follow that guide if you like but you will lose money.
I have held multiple miners over the course of my investing career and I've NEVER off-loaded if I'm certain of my research.
I've seen companies like BHP Group (used to be Billiton) go from say £17 (approx) a share down to under £6, and I bought more, now I'm not trying to say "look at me" but point out that a good company is still a good company as long as the fundamentals haven't changed.
There are dozens of other examples and in my opinion POW has the potential to be another.
Being an miner/explorer has risk, and POW is no exception but Paul is in my opinion going about it in the right way.
Loads of companies have one or two projects but we have potentially 14 bites of the cherry and by farming roughly half of those out, but maintaining a strong position mitigates risk / cash flow issues.
You can sit here Felix and watch this share (and others) and when a discovery or two is made jump in and buy at say 20p a share, but if you are comfortable with a higher level of risk and you had £5000 to invest you could buy 333,000 shares today, or only 25,000 if you waited till 20p.
If the price doubled to 40p and you sold you would make £5000 profit.
If you'd bought at 1.5p that profit would be over £128,000.
At the end of the day Felix we're all different and only you can decide what level of risk you are comfortable with.