Member Info for DPR1881

Well what did you take from it then???

A confident stock box presentation. Let's hope news on other projects and Haneti comes soon and the guy doesn't turn out to be completely useless like other we could mention

Interesting that the interims are later than usual ? Significant news coming? It cant be accounting complexity as the previous executive chairman wrote everything off other than his salary!

Wow 14,715,197,764 shares in issue and they still haven't paid the milk bill 🤣🤣

Yes well worth a listen , interesting comments on Haneti.... "The focus is to extract maximum value" .... "News to come".

The guy was a total incompetent but he is gone and now we have guys with a track record if delivering shareholder value. Gervais Heddle invested with the expectations of making significant returns perhaps 10x. I personally wouldn't be surprised if there is a big announcement with the interims if not before.

How long can it take to audit the accounts of a comp that didn't do anything??...... Oh of course it has all those valuable coal assets that were on the balance sheet for £20m + not so long ago, valuing those will be tricky , factors of zero🤣

Whether an announcement comes as part of a business update or via the interims we don't have much longer to wait.

My sense is that we will get very significant news within an early September update or via the interims later in the month, either way in my opinion we will move sharply North

Https://www.powermetalresources.com/wp-content/uploads/2022/06/Power-Metal-Resources-Lithium-Commodity-Report.pdf

CHARGING FORWARD AS THE LITHIUM BOOM GATHERS PACE

"we revealed that rock sampling had highlighted significant lithium and tantalum potential with lithium-aesiumtantalum pegmatite mineralisation outlined over a 600m strike-length".

In all the fog created by the previous executive chiarman created by giving away the assets of the company for half nothing (which he never collected on!) and investing substantial sums in half baked JVs, it seems to have been lost on the market that there is potentially massive value in the Haneti and Babayu Lithium projects:

Babayu Lithium

· Rock sampling results from the Babayu Lithium Prospect highlight significant lithium and tantalum potential with lithium-caesium-tantalum (Ta) ("LCT") pegmatite mineralisation outlined over a 600m strike-length. The chip sample results (up to >10,000ppm Li and 2,680ppm Ta) and strike length combined with the perceived shallow dip of the main pegmatite body show the potential for a significant near-surface mineralised body that warrants further assessment and evaluation.

· Licence applications have been made in respect of the lithium prospective areas and the JV is currently implementing a lithium consolidation strategy including existing lithium applications and reviewing potential partnerships with local licence holders.

My guess is the company will look to monetise this asset as soon as possible.

Watch this space for the next business update.

Watch this space, something is happening today. News coming I suspect.

We should see the new CEO mark his first month in the job with a blockbuster of an update.

Let's no forget this is not the old Katoro Gold where some hapless idiot stumbles from one disaster to the next. These guys understand the value of the listing and have a stable of projects to reverse in.

Sinterklaase I think you could be right. My money is on a very strong update after the bank holidays

I think so legal wolf, the new CEO was appointed on 4 July, he will want to mark his first monthly update with a bang!

Sadly based on what Riverfort have done to Kibo I would not be optimistic.

From this point forward I will never invest in a stock which Riverfort are involved.

The RNS of 4 July hints at an RTO :

"rapidly advance the review and potential acquisition, subject to AIM rules". This sounds like an RTO to me hopefully the August monthly update will contain more information

Yes but look at what Riverfort have done to Kibo? Ok it was abolute madness to borrow money from them with no sight of cashflow but the dilution since has destroyed all remaining shareholder value. How Riverfort profit from these death spirals is beyond me. The market is assuming the same thing will happen to Mast with Riverfort in the driving seat. Yes Mast could double but then Riverfort could repeat their "Kibo trick" any day .

We see the bid price tick up today and tomorrow. The next CEO announcement will be key to moving above 0.2p