Member Info for master82

I've seen it before where the rig operator takes the payment as shares and the company literally goes down the drain.
POW is the company formally known as African battery metal.
Same stuff everyone saying the rig operator must know something we don't. But everyone was disappointed and we all lost lot of money. Went from 70p down to 0.2p.
So beware don't fall for it.

I think we might have similar run like 2017.
All gearing up to bring it to production.
Maybe JV

4.7p and I'm back in profit. Long long wait. Good job I averaged down at 3p

What's the predictions for the sp once the EL is granted

https://youtu.be/TgS2huAm0Fs
These guys recon at least 120mil MC.
6x the current market cap and his was before the current update.

If we have £1bn worth of oil in the ground. What should be the sp. Or Market cap

Good enough.

Edision report value was 20p in 2020. Without the EL licence. So even 15p is good for enough

The way I see this is yesterday plenty of sold shares in Market makers hand. They have to make a profit so they will drive this up to make some serious money.

The price will start rising in the next 3 to 4 weeks in anticipation of the EL licence. Price not moving due to delays in EL. Now hopefully there's no more bad news to wake up to. It went to just over 5.5p when they announced oil found at heron.
So expect SP to go somewhere around there in may/june

At least we know that PM are going to get the license and PM will continue to become a producer. So we will just have to wait until then.
Another year and this will be different company hopefully

Finally some great news. At least we know what the action plan is

Just bought £10k ish. Good time to avarage down. This will continue upwards till May. Hopefully EL should arrive .

This will be interesting few months. Make or bust

Drop is due to no progress and no clear direction on funding

Has anyone had any experience of other companies in another country that has obtain EL license.
What is the time scale in other countries for an EL

By the way I have emailed them to see what their action plan is for the year 2021 and guess what no reply.

We have to hang on here because we are in deep water here. Invested big money otherwise would be gone.

I don't have a choice but to pray this turns around.

Ojay.
Please tell me what you think they are doing. Two years the company has stalled.

As investors we have the right to Know what they are doing.

The only thing that is happening is we are sleeping until we get the EL. Come on there is nothing else going on otherwise we would be told.

We have no El
No JV partners
No money left
No action plan incase the EL is further delayed.

Its like blind leading the blind.

Nothing is going on Ojay otherwise we would be told. Either via an interview or RNS..

Best job in the world for our directors get paid for doing very little for two years..

Best job in the world.

Lets all pray they wake up and realise they will not be getting paid next year as there won't be PM on the scene if they don't get their act together and do something constructive to get this sinking ship afloat.

I think this will start going up above 4p middle of April and if no EL license by middle of may then it will be down below 2p