Member Info for Early_Bird

GMET the Family silver for POW?? Hardly!

People not grasping the fact that its Athabasca Basin and its Uranium could absolutely dwarf its spin outs in GMET and FDR on any discovery.... And as a POW holder you have an absolutely free spin at any upside from this.

NanoCap are you on Twitter?

Https://x.com/RealRickRule/status/1957830565882626063

Fantastic post Nano, welcome! Really enjoyed reading that. Also id add, POW should be sitting on £5m cash roughly before the GMET sale so around £18-19m now.

Also with the UCAM JV, they're funding £10m of drilling then have £6m of additional payments to pow if they hit certain milestones.

It's obscenely undervalued by any metric you wish to value it. Its now my largest ever holding and im sleeping very well at night :)

GLA

59:30 in

https://open.spotify.com/episode/3i2FYlOra7Hf95FJmitiPZ?si=11353246c57c49e3

So I think he will be in Seans ear. I wonder if he has something to do with this "new opportunity"

That's certain what is being strongly hinted... although it looks like a new opportunity. Hopefully one that can tap big liquidity pools such as the US

"represents a strong validation of our incubator model & gives us considerable firepower now to pursue other opportunities, a number of which have presented themselves to us in recent weeks."

Sounds like they have a an opportunity in the crosshairs folks.

Highest ever from what I can see. Churning the last of the seller(s) hopefully so we can have a nice base to break out from in due course

GMET revenues were somewhat underwhelming, 200m usd means profits would be less than 50-60m pa. Its already priced at 100m and needs another $50-100m to build the mines... I mean it is of strategic importance to US which is where its value lies but on a cashflow basis it's not a huge asset they're sitting on.

POW needed to cut its chords and carve its own path. Valued sub cash with some mighty assets. Lets see what the uranium returns

Im happy here, the investment case

FDR also in for free.

Sit, wait, few months time this will be 30p+

#POW wow.. well looks like share buybacks will start soon. Incredible value, sub cash

Market Cap £16m

· Cash = £19m / no debt

· FDR stock = £3.3mil

· FCM stock = £0.4mil

· 30% #Uranium JV with UCAM. Fully carried for £10m of drilling and will receive £6m additional payments on milestones. 5 Licences being drilled in T1 locations. Largest this year. Results to start landing imminently

· Power Arabia with its four major earn-in type agreements already signed plus several others close to completion

· £650k due from RRR

· 75% ownership of GSA Environmental Ltd

· 88% ownership of Molopo Farms

Hopefully coming in the near term

This is THE treasury plays to have exposure to given its ETH focused.

Hopefully management are pedalling hard behind the scenes to line up the next phase here

Very encouraging

Not really the case given they're continuously drilling multiple targets. This isn't like a single exploration oil well scenario

Not least GMET and FDR together are worth more than current mcap

Something on the bid is contuning to mop up the weak hands.

Wonder if it's an iceberg buyback order the MM is filling.

New buyers will mean this starts to breakout higher. Fundamentally the best RvR I can see out there this one and patience will pay. Looks like not too much more patience needed

The bid swallowed up 300k of sells in a few mins (definitely PI sells as were sold in a v amateurish fashion)... My guess is a large new buyer or the company is finally getting on with the buybacks. I guess tbc in due course

Buy limits have come right down now so it's looking ready

*drill results

They're drilling throughout summer and Autumn so guess the drink results lag a month or so. They started drilling nearly a month ago... doesn't take a genius