Member Info for mikey9997

Meeting with the president of the DRC no less. I presume he doesn't meet regarding artisinal projects :) Of decent size one would presume. Good news.

Also, 60 days from 18 September is not 18 October. Cheers

Sometimes the worst case scenario isn't the most likey... Interesting couple of weeks ahead imo.

GM is on 10th (Thursday). Thanks.

You are also assuming that POW would want to sell all of the shares and not wait to realise some actual value on the assets. Legal proceedings are a frustrating process we all know however am encouraged we will get a resolution on this in the not too distant future. I thank you for the good luck, I also wish you good luck on your endeavours, whatever they are.

Even if that does happen, with the right news that will get churned through like butter, there are now too many potential positives to ignore the potential upside in my opinion. AB has basically stated there is low risk of "losing" on DRC now and it's just a matter of timing / a process to follow to get there. Only needs one value catalyst to see some significant value here IMO. I know the risks and happy to part ways with my cash (and more if an opportunity arises). I'm very clear with my intentions here. Other posters motives are less clear.

Indeed, this is just timing now, AB knows what needs to be done. The "base case" is $7.5m. which is nearly 3 times our current MCAP as cash and will open lots of doors to realising value. As AB discusses in the interview they were cheated in DRC and further claims will arise following the first payment. I think those will be much more significant than just the low value the project was actually sold for. Risks yes, there is but as AB discussed the large and small shareholders interests are aligned in that we want to see value from the assets. I think we are getting close to realising some value here and have been increasing my position accordingly.

I'm not super excited currently. But I think we are getting there, negativity can only last so long when the "base case" is $7.5m funding and equipment on the ground in BF. From this MCAP there are lots of potential catalysts for value with current gold price. If AB delivers on just one of his promises some value might be realised here in the not too distant future IMO. DYOR.

That's what I mean when I say meat on the bones is needed. Hopefully that information will be coming via RNS update.

Agree the interview could have done with some more meat on the bones (but hopefully the update RNS will be along shortly). Obviously DRC funds not quite there yet but progress has been made. The key positives being equipment is being delivered to BF and this will be cash flow positive in the not too distant future also the potential for further claims in DRC once intial payment made $7.5-$15m. Those claims could be as sizable but DYOR on that.

Now we are getting figures of $7.5m, $10m, $15m, and further potential claims. Interesting.

Everything from 09:00:06 to 13.27pm is a sell and everything other than 3 small trades after 13.42 is a buy. You're welcome.

~£12k sells " a Sea of red".. They know nothing. Just like the rest of us....awaiting the update keenly!

Needs to make sure the bashers are human and not robot.

No worries just everyone responded at once not specifically you. A Monday morning 7am "coming week" would imply to me this week but agree that wording could be clearer. I think we'll find out soon enough, hopefully something positive.

Who's to say that RNS isn't coming? Only said it was a possible. Don't jump on me :D

4 . Cash is received and AB competing on RRAL deal. before RNS. - another potential option.

Is Andrew coming home from DRC with $10m is the question..?

As a 4m buy goes through...

Guardian take all the capex and see what there is on the licences, and we buy in at cost if there is value there. What's not to like? We have various other projects to focus on. This is what I hoped would be done.