Member Info for chattty

One of the most nonsensical post I have seen for a long time .

From the RNS ;- If the resolutions are not approved by Shareholders at the General Meeting, the Conditional Placing and the Retail Offer would not proceed as currently envisaged and, as such, the anticipated net proceeds of the Conditional Placing and the Retail Offer would not become available to AMTE Power. Accordingly, in light of the Group's reducing cash position, it would be likely that AMTE Power would not be able to meet its financial obligations as they fall due and there would be no alternative other than for the Group to enter into administration or some other form of insolvency procedure under which the prospects for recovery of value, if any, by Shareholders would be uncertain.

They make it clear they have insufficient funds to survive if the anticipated deal is not approved as they threaten closure.

So for the watchlist.

The sp is drifting lower on the usual Friday trader sell down,lower than I expected original targeting >55p buy in but as the sp is still drifting away will wait and see what happens .

As for the fool comments all they show is a continuous attempt to lure investors into paying for their services ,not even worth considering.

The order has been dealt so it will probably show up at the end of the day.

An order is an order and the price varies between the half dozen market makers - between them it is highly unlikely any bigger sales or buys for that matter are held back

For the last few days the sp is range bound between 60/75p mark which is not much good for decent trading profits.

Still waiting to see which way the sp is going to go before diving in again.

I don't need to be told by some idiot how to suck eggs who is on a personal mission and is arrogant enough to think they know more than anyone else about trading and making profits on this stock.

Tier One ambitions indicates the share price should eventually be in the region of £1.50p

Note your comments agree SW has boosted the company as much as he can and been successful in attracting new money.

He has also changed the direction of POW, reading back on the old company website data it can be seen that much more had been planned, granted circumstances have changed and money mkts are tight but those mkts are SWs speciality and he has proved it : unfortunately not in the way some expected.

I have no doubt he will raise funds through his RR contacts to make his particular IPO successful.

As mentioned I think another year should be sufficient time for his policies to mature into sp recognition the evidence will be how the U IPO shapes up price wise after launch.

Can only have a positive reaction to base pricing structures once it is realised just how much of the worlds critical mineral supplies China has monopolised

China is expected to continue building its influence over key minerals such as lithium and cobalt across the developing world, according to S&P Global.

Eventually POW GMETS major share holder should pick up in price despite the recently appointed CEO total change in the companies direction by focusing on Uranium which will not give a return to POW long patient shareholders for at least 3/5 years.

SW the CEO is in my view gambling man I am certain PJ was not aware of this when appointing SW as his replacement.

I give him another year to prove his gamble for prioritising his pet Uranium project over everything else POW was in the process of managing was correct.

The US Department of Energy (DOE) this week officially added copper to its critical materials list, marking the first time a US government agency has included copper on one of its official “critical” lists, following the examples of the European Union, Japan, India, Canada and China.

2023 Critical Materials Assessment, which evaluated materials for their criticality to global clean energy technology supply chains, focuses on key materials with high risk of supply disruption that are integral to clean energy technologies.

The DOE critical materials list will inform eligibility for tax credits under the Inflation Reduction Act 48C.

“The Copper Development Association (CDA) congratulates DOE on its thoughtful, forward-thinking analysis that resulted in copper’s inclusion on the Critical Materials list,” Andrew Kireta, Jr., CDA’s CEO, said in a separate statement.

“Copper is a major contributor to US economic and national security, and with copper demand projections doubling by 2035, primarily due to plans for the clean energy transition, electrification and clean water infrastructure. The nation would be defenseless without electricity and copper’s vital role in its generation, transmission, and distribution.”

Inclusion on the critical materials list reflects the reality that copper demand projections will require an increase in domestic production, the CDA noted.

Note the tax credit eligability

Suggest you read past RNS announcements for the full picture-

As the letter states the US.GOV is interested in paying GMET all its mine development costs including fast tracking of all legal obligations plans etc., for its major Pilot Mountain Tungsten Project.

This funding is basically free so no dilution.

They also have an off take LOI agreement

The White paper grant application is already underway .

Grant news success should come through, probably late winter early spring 2024 .

GMET is the only company on AIM to be able to get FULL basically FREE funding for its major PM project.

Add in the possibility of similar grant funding for their copper and Lithium resources once outlined as they are also on the US.GOVs critical minerals list this has not been mentioned in the letter.

When all the above comes together the current share price will be a distant memory.

True, unfortunately does nothing for my hopes of a lower entry price.If the price range continues cruising along in its current range i'll have to revise my thinking.

Another interesting week in view, am looking for a lower entry price than Fridays close ,with luck in the low >50s doubtful but possibly touching the 40s, if it gets that low worth diving in , of course I can be totally wrong and see the sp fly off the handle due to an unexpected RNS.

ATB for a good weeks trading.

A couple of days ago a comment was made about RRR owing lawyers some $2million.

I should imagine Bell did a No win No fee deal.

SP looks like it will close somewhere between 65/75 which is nowhere near my buy in target so its wait and see what Monday brings.

No doubt the closing sp will adjust on late reported trades.

Thats the problem does one buy and lock up the stock with the expectation of future serious gains.

I bought in at 55 at 50 and sold at 77.2 on 80.

Waiting to see where the price goes today before buying in, might leave it to Monday for a potential weeks hold depending on profit or loss!

ATB

What I call Friday sell off as traders etc look to take profits.

This mornings Fall from around 80p to 60p was rapid, difficult to predict where it will go next a view is we could see sp bottoming out in the 55p region

I did trade out just before mkt close yesterday.

High risk but a great trading stock better than horse racing.

One point about trading is to keep sale quantities near the NMS when selling otherwise the MMs will slaughter the offer.

I'd ignore the idiots whose mission is to denigrate the stock price and make your own minds up.

Of course its high risk- the attraction is on a decent success strike the sp will react rapidly forwards to a much higher sp than can reasonable be expected.

There is just not enough helium to meet industrial needs, there is a shortfall for 2023s requirments even though there is enough in the ground to keep the world supplied for several hundred years.

For me its risk on.

So worth investmenting.

I held a downside opinion about APT and received similar comments from posters eventually APT announced they were putting the company up for sale in desperation- but they withdrew that RNS almost immediately and are now >1p ps( below my forecast! )

They managed to raise funds at the last minute and survived.So I am in for the next RNS which should cause the sp to react.

WBI originally conned the mkt into thinking they had multi $millions of forestry assets you will now see those assets have had those multi million $ removed etc.,due to Sydbanks call.

I study/watch this stock for the ever so slim chance of recovery -if it manages to survive, and depending how it manages the situation the sp will be so low as be worth a serious investment based on the sps minor recovery.

Am expecting an RNS coming to update events- any time soon.

I don't think I have ever filtered anyone as I take all views on board even if I disagree.

Perhaps you would like to put forward your clear cut view on how WBI will recover its position in clearing its debts leaving it with enough funds to continue forward?

You really are naive and a first class chump if you think things wont change with the Military in control of course the borders will at some point reopen and if if they manage to stay in control they take time in setting out how they can rob the rich to pay themselves and improve living conditions for the poor perhaps even ban the common place ritual killings.

In the interim there will resistance to the military take over that means civil war.

As for saying your still in profit , good luck as you watch your profit fade.

Over a short few months watch the sp fall away as WBI tries to reassure payment of its outstanding loan agreements- it could possibly raise more funds .

Interesting situation.