Member Info for MKumar

Last date for AAU Voting being 24th August - hope team here have started voting.
Sp now getting on track - not sure though if it is undervalued though, looking at the director buys last week.

Charlie good guess
But atleast this time, they did not disappoint the current shareholders significantly with placing price at 2.3 .
I doubt the SP will drop significantly as there is strong interest IMO

Broad and Mister P :
I agree good opportunity to buy - Sp is currently down due to placing churn , I intake it.
Not excatly sure how much will be the equivalent to british pence per share for : A0.5cents per share placing on 1st June ??
- Is it approx 0.35 pence per share??

RNS extract :
The Company has raised gross proceeds of A$700,000 via the placing of 140,000,000 new Ordinary Shares at a price of A0.5cents/share ("Placing"), and A$130,000 via the conditional placing to Metal Tiger PLC and subscription by company directors of a total of 30,000,000 new Ordinary Shares, also at a price of A0.5cents/share ("Conditional Placing").

broad , MMG and MisterP When was last placing and at what SP?
Although good time to top up now

Oldtramp - topped again today after having participated in placing too. Ye agree with the potential.
Pow doing well too - do come back
cheers
MK

Amazing that without much adverts- POW is marching ahead on an average of 8 percent very day for last 4 days.
6 projects in 6 regions with various multi- metal potentials has done it
IMO

Cheers
MK

jimjamu
Good outcome
Buying 1.6million shares at 0.6p - has this been your strategy throughout for sub penny shares

Thxs

A!EX
Sherlock homes od EUA should we say.
Are R!ex on twitter Ha Ha

Anyone has L2

Oldtramp and the team here

From my previous post here you may have noted the webinar discussions.
Please feel free to add .
Oldtramp - your doubts were somewhat clarified.
you were going to check some more aspects of POW??

SP here is slowly moving up . Slow but steady
Cheers
MK

sorry spell - MR Kerim, i meant Ha Ha

- It is good news Mr kermis in BOD has brought shares in open market in his SIPPS which gives lot of confidence in AAU.
- Just Checking - why is the SP drop today - Lot of sell offs today. Is it related to the economical cash crunch situation in turkey at the moment .

Investing genius and oldtramp
Thxs for your posts.
Do you have the link to brokers target price and potential ?
Thxs
MK

To all LTHs
As a newer on AAU, I have received a voting date for AAU BOD last date being 24th august.

As you are well aware of the BOD, it will be useful as to what your choices will be , so that recent entrants like me can go with you. Are you totally happy with the current BOD ?? to be voted again
cheers
MK

I agree Phoenix - PJ appears class apart, although time will tell.
One of the worries on Aim is Placing - which will be hated by PIs . It appears that will not be the issue here - Thxs for clarifying this as there were only so many questions which you could ask at yesterdays webinar.
It appears that there will be "News after news " here.

cheers
MK

Factual lovely post Kilkenny
Hopefully the shorters have the impact of the curse of the people in the community and on this board
cheers
MK

Thxs Paddy for uploading link for Troy angus from Paradise asset management
Take home points for me were
- Gold will continue to have bull run
-Gold will outperform Sand P 500
-Newcrest stock is cheap and undervalued with his reasoning of liquid assets

All good for Gold and GGP
cheers
MK

Director Johnson - started with personal intro and his aims for POW
Wants shareholder and longterm value to be created
Desires to make money for shareholders
- Believes in POW and has put in upto 240K of his own Cash in( not in terms of options )and has skin in the game- said he is a family man and wants value for his family too for his time spent on projects. Has good experience from the past- seems he worked for AAriana and metal tiger in the past

GOLD and NICKEL being the primary focus of 6 projects in 6 different locations, with high potential
Victoria Australia ( Blue ribbon and Sardenia) , Botswana, Cameron, DRC, Tanzania and USA Arizona (Alamo project- geo surveys underway)
- well funded for explorations in different projects .

Answering to questions :
Would like to see most of the projects active may be at the same time to improve shareholder value and to see SP in multiples ( he knows this as a Chartered accountant)
- regarding Bellarat tenement EL007285 with respect to particular licenc( aus) JV with Redrock long timeline of 5 years (Oldtramps question )- without being specific he said although would like to expedite there are planning applications and health and safety rules with other regulations to be followed.
- did not get his reply about AAriana resources involvement??? anyone here can through light on that.

All in all very upbeat on the prospects for the company and Shareholders.
Please add on any other missed points.
Cheers
MK

will do oldtramp - thxs for the attachment
MK

Just topped up - at 113.75, as i thought there is no point to wait further.

Strange SP action since morning went up by 17 percent syastariaght and then down to 12 percent.- on investing .com although it said 108.00 i could only buy at 113
Another funny question ; on investing .com when you ask for ticklerPOW it says African Battery metals - Ha Ha