Member Info for DJP4976

They aren’t lab results, they are pXRF readings, the cores will still be getting anyalsed at the lab and results released usually takes 6-10 weeks

They aren’t lab results, they are portable XRF readings. The cores will be sent to a Lab for testing and particularly the Germanium as the XRF machine can’t test for those. Results will be coming back throughout Q1-Q2 - second drill rig should be on site this month also to speed things up

Sentiment now rock bottom after the last RNS that was misinterpreted by the market, they still have cash of £1m+ any positive news from a £1.7m MC and this will rebound hard

Would rather they hold out until next week or first week of new year personally

#GUN Paid £170k and £50k in shares for 10% or eagle lake gold project £220k total.

That investment has increased 100%+ already dry as Medcaw Investments plc acquiring the remaining 90% for £4.17m, which means #GUN 10% now worth £460k

May 2020 - 85 to 1 share consolidation would be the answer to that.

GUN is without a doubt in the strongest financial and commercial position they’ve been in for years, raise coming or not, it’ll rerate into BARB drilling given the proximity to 1911 gold and their 20 bag move sitting at £150m MC compared to GUN at £2m

Another nice 5m delayed trade on top of the other ones, definitely feels like someone is building a position here, wonder if they are going to go TR1?

Insanely valued at £2m MC, could quite easily be .4p and be fairly valued before further newsflow, wouldn’t a JV with 1911 at Barb be interesting, considering how closely tied they have been with them, I definitely wouldn’t rule it out

There’s a buyer soaking up any stock sub .15

Wednesday 2x 2.5m and a 5m buy

Thursday 5m buy

Friday 10m buy

Significant amounts for a £2m MC company and almost 2% of the entire issued share capital in 5 trades

Interesting

Yea so that’s £8.8m not £88k

I haven’t done any research on this new asset, I will do tonight - but 2% of 800m is 16m no 88000

It’s 100% ASTR owned subnet, employed Leo to take it to the next level, if it changes name it remains under ASTR just a change of name, Im not sure why that is so hard to understand but there you go

Q: How does Minestarters (the business) increase in value, beyond the token?

A: Minestarters owns the core infrastructure—platform, treasury, deal pipeline, and a significant token portion. Similar to BlackRock with its ETFs, it generates fees and holds tokens that appreciate over time. Power Metal is to hold up to 49% of this undiluted engine.

Q: If token holders benefit from rising asset values, what does Minestarters own?

A: Minestarters retains 60–80% of tokens in its treasury initially, plus 5–10% fees per deal and royalties/equity stakes. As the portfolio grows, the treasury and holdings increase in value, benefiting Power Metal's Minestarters stake alongside token holders.

Q: What would be a typical mining investment example?

A: A £2M investment by Minestarters for 70% equity in a project that is later sold for £20M would yield: £6M to the vendor (30%) and £14M to Minestarters (70%). Returns are typically split between the treasury (for tokens) and income (for Minestarters and therefore Power Metal), ensuring value for all stakeholders.

Q: Why burn tokens?

A: Burning tokens reduces supply, increasing the net asset value per remaining token. This enhances token price, including Minestarters' holdings, thereby boosting the Minestarters treasury value and Power Metal's stake, benefiting both parties.

Q: What happens when all tokens are issued?

A: The token supply is capped (e.g., 100M tokens at £5 = £500M Fully Diluted Value). Minestarters may hold 30M (£150M value) and continues generating fee revenue from new deals, supporting ongoing business growth.

Q: Does Token market cap = Minestarters valuation?

A: No—the market cap reflects circulating tokens only. Minestarters' value includes token holdings, project equity/royalties, and fees/platform revenue. It could be valued for IPO, RTO, or acquisition on this basis, with Power Metal's stake being strategic.

Summary: Minestarters increases value through its token treasury, deal fees, equity/royalties, and a robust platform akin to a "BlackRock for mining."

It is all speculation, but at this price and anything below 20p for that matter it has to make sense.

I’m a relative newcomer to the stock, but some have been here years, seen GMET multibag, but their Holding in POW remain unchanged or even go lower. A buyback or a tender offer to buy shares would be a way of returning capital to investors that have waited all that time for no increase in POW share price which means no reward. Now they’ve crystallised their gain on the GMET holding, a buyback/tender offer should help get the share price to a more respectable level and allow anyone that wants out at that point to sell up and move on and leave only those that think it’ll be trading much higher in the future remaining.

POW even after the recent deal have roughly 15p per share of cash and people still sell at 16p today, it’s madness hence why a buyback/tender is desperately needed imo

They don’t need any funds to fund any of the uranium exploration as their 30% is fully carried by UCAM upto £10m

Before today, zero value was being given to the uranium exploration in the share price as the market cap is covered by cash and their FDR holding alone

There won’t be any dividend, Sean as far as I can make out isn’t keen on that route for a return of capital. If the share price stays under 20p I could envisage a buyback or a tender offer for shares but that’s also no guarantee, I’d like to see an asset brought in that would cover the day to day running costs of the business and then some, would be very well received IMO

Cash is king, do you actually think the buyer of POW’s GMET shares would have come along and paid 70p for them now - no chance, they are successful investors for that reason they want in at as close to lows as possible, knowing UCAM just done a 60p raise, 55p was a great price for them, I bet Sean wouldn’t be able to sell the full holding at 70p to 1 single institution and he certainly wouldn’t be able to sell that much on the market neither.

What’s done is done, he’s turned £2m into £23m, you are never going to catch the absolute top of these things especially if another investor wants in, you need to leave some food on the table for them, we’ve cooked our food and eaten already, now have a hefty cash balance that opens up doors for some serious deals which Sean himself said is looking forward to sharing with us in the near future!

Oh and got what it is worth Nano, I value your posts, they are very well written, easy to understand and clearly lay out the investment case and how undervalued POW is, I’m pretty sure I speak for the majority on this board also.

I hope you continue to post.

ATB

Dave

One such negative I heard today was the market may be concerned what pow spend the money on hahaha what a load of tosh for a bad negative that is, and what a fortunate position POW are in to have that concern where as most small caps are wondering where the next discounted placing is coming from

They have authority to buy back or tender offer up to 17.25m shares so at today’s share price around £2.7m worth

Welcome NanoCapInvestor, excellent posts and very articulately written!