Member Info for NikeAir180

C💰' - £ ... for the Royalty.

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You have been overworking your assumptions today.

Fair points sol001, in my opinion tactics for this year will be considered without loosing sight of some strategy for the years ahead - whatever is decided: the months and years ahead contain days with potential for meaningful news.

I did vote on the resolutions ahead of POW AGM - late july of this year - can't remember them precisely but I am presumuning there was an option allowing for potential buyback of shares - if so that is valid for a good ten months yet, I would like to see Minestarters go live and settle in a bit first and then they can consider what they want to do - perhaps there will be other positive developments over the next few months, up to POW management of course - when and if - within a valid timespan.

Consolidation has been incorporated into that history andcretrospectively re. link - 14;51. It wasn't much higer than today on some occasions in summer of 2022 and is has been in above 20.0p on more than one occasion in 2023 under Wade, regardless of ahare price comparison over recent years, the business continues to progress.

It wan't way above 20p (1p - pre-consolidation) the day before Wade became CEO, sol001, yes the share price had been higher and also significantly higher during Johnson's leadership but it aso retracted was quite significantly below 1p on occasion - then recovered a bitt - it was under 1.1 - intraday 09/03/23 then slighly above 0.9 intraday 10/03/25 when Wade joned. Think it was getting towards 2p occasionally before some Moloppo results - that wasn't a commercial discovery so far and then chronologically the share price retracted. Both the current CEO and the previous one have their strengths but I don't think your share price comparisons have that much to do with progression of the company at the moment and I think it is progressing.

21:30: ... transaction...

As per the Soma RNS - 12/09/25 - the definitive agreement entered into with RRR had been executed. Completion of the trasaction and the issuance of the warrants was mentioned as being subect to TSX Venture Exchange approval.

The agreement that was signed is not still subject to approval - it was RNS'd by RRR on 12/09/25.

14:42 today: correction - signed.

Woops: 15:21... "Mark apologies last post." ✅ - from 17:00 yesterday.

.17:21 ... "Mark apologies last post". ✅ - from 17:00 yesterday.

With regard to second sentence at 09:14, no Banbury - that was not what Helpful said yesterday at 14:57.

In relation to Banbury's third sentence at 09:14: it was actually - yesterday at 17:00: "Apologies Mark last post".

14:57 yesterday in response to Banbury at 14:42 - "... it ..."; Helpful - in response to that, at 14:57, was referring to the singed agreement - which had already happened - as not still requiring approval, he was not talkng about completion of the transaction - notably yesterday's RRR RNS contanied a line saying that there would be a further announcement "when consideration is received".

... "if the relevant currencies were at a simlar value to each other as today" is an irrelevant consideration within the 18:56 post.

Re. 17:45: You are lagely wrong Blueboy'75. I have usually had to do a few reads to better understand warrants - they've never been easily understood by me but perhaps I have improved in one day : ). I read the exchange between Banbury and Spec' and re-read some of a Soma announcement on 14/08/25, re-read today's RRR RNS and also researched a few aspects of warrants - shares.

The exercise price according to today's RRR price is C$2 throughout the next 36 months , RRR are under no obligation to exercise but if the Soma price was at a share price of approximately C$1.3 - they could exercise at a premium, if the Soma share price was at C$4 they could exercise at close to a 50% discount - if the relevant currencies were at a similar value to each other as today.

RRR accepted a 50% discount on the sold asset, Helpful was not making a forecast - he was doing a calculation in US dollars of the NPV as he saw it, the carrying value on RRR's books was approximately 10% less than the lower figure of Helpful's range or approximately 15% less but they were NPV estimates at that time, RRR applied the asset value carried on their books and then agreed a 50% discount on that as part of the agreed sale, if Soma do nicely in some aspects over the next three years - those warrant subscription rights might seem like a sweetener.

17:26: I was wrong on "inclusive of the warrants" ' they are subscription rights so it is a £500,00, discount - the fact is the full asset value as it was carried on RRR books was £1.5 million which is equivalent to approximately $2million and 30 thousands which is not too far away from $2.2 million and $2.3 million which is what I remember as the figures Helpful considered NPV - 26/08/26 - which might have been in consideration of the gold price at the time - as one of the inputs.

I read it as - inclusive of the warrants - more like a £300,000 discount than a £500,000 discount and anyway full asset value as RRR had it on their books - £1,500,000 is not too far off Helpful's calculation, in USD, of NPV which was referred to again at 09:16 on 26/08/25 I am assumong it was the same figure as a previous calculation he was acknowledging and as he said "depending on inputs used".

09:16 post on 26/08/25 with regard to 16:40 and 16:28 in response to Banbury - 15:53.