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Have a feeling board will reject offers until it hits 130p all cash(more or less the NAV plus next dividend). Just goes on to show how much the REITs are undervalued in the UK markets.

Any idea when we are going to get the guidance for 2025? Has the management given any dates for the guidance to be published?

Would like to see how much of the production guidance is attributed to Gilar this year and how the ramp up plans are expected to pan out.

Hello,

Just wanted to understand the current cash position for BRES share price.

The approved US grant funding - what is it used for, currently. Are there any follow-on grant funding promises from US agencies?

coming up with a DFS is an expensive affair - how is the company managing these expenses currently.

The pricing on all 3 commodities that CAML digs out have gone up by 10-20% this year. IMO the H1 commercials will be beating the H1 2023 results by at least 10%, with a 10p Div. Awaiting full numbers in Septmeber.

This seems to be the one of handful tickers giving exposure to Tungsten resource, and also in Northern American jurisdiction.

Does the Cash of $21.2 million include the unsold gold inventory of $13.0 million? Or is it just cash in bank account?

conflict escalating at the Armenia-Azerbaijan border.

Yes but dont you think something is not right. There seems to be a big seller today. I wonder why the company is not buying back shares at this price.

Ok, so today it is high volume and big sells going through.
Maybe right time for the company to buyback their shares(as per their announcement)?

Hey All,
Any idea why there seems to be a 8% drop in sp today even though the volume is very very low?

Hello,
Can someone please throw more light on the share buyback scheme that was proposed? What are the terms and when are they starting the buyback program?
Is it going to be an open market purchase.

Hi AquaeSulis01, I believe you were tracking the POW warrant situation. Can you please update us with the outstanding warrants here. Thanks for your time in advance.
Would be interesting to see how many 0.75p warrants are still remaining. Hopefully the next set of warrants have strike price of 2p+.

Thank you

There seems to be a pretty big seller dumping AAZ today. Any reason why? Instituional investor dumping? What is going on here? This is a very good buy even at this levels. Unless we dont know something that the big guys already know.

Yup I had the same question, did ping PJ on twitter asking if he is still awaiting assay results on Gold & PGE from Molopo. Lets see if he comes up with a reply.

Does anyone about the funding situation at Katoro for Haneti? I remember the CEO of Katoro talk about shared funding situation for the diamond drilling. I'm sure POW can afford it, but anyone knows about Katoro's current financial position? Its been more than 3 months since they announced a drill program and no concrete news yet.

Ah that #KAV RNS just came through on the Directors subscription. They not only paid themselves shares at a discount of 5% but they have got equivalent number of warrants as well @ strike 8.5p.
This kind of buying is not called as Directors expressing confidence in their company, this is a typical junior resource company management trying to benefit off a "not so necessary" fund raise situation.
I'm sure a lot more PI's would have been happy to participate in this fund raise @ 5.5p given the #KAV potential, if only they had announced it clearly rather than do a hushed up weekend deal.
Anyways, enough of #KAV rant here, hopefully PJ exerts enough pressure on the KAV board given POW's shares in it .

Hello Legalwolf,
I do agree on your point on the timelines for projects that are in "in flight" already. I can understand it is very difficult to give a timeline for projects which are awaiting regulatory approvals etc where things are not under the Managements control. But they should at least spell out the timelines of next steps for projects that are actively being drilled/were drilled.
Maybe we (all Long Term Holders of #POW) should have a telegram group to discuss such things and make a consolidated request to PJ? Im sure a lot of guys on this forum hold 0.3% to 0.5% interest in the company individually.

There is a Kavango telegram group which is probably more of a Ben Turney fanboys group than a channel that objectively verifies the news coming out of the company - hopefully POW discussion channels would not be the same.

By the way, did you or Aquaesulis or Worzel or PowerfulP or Westham or any other LTH here see any issues with the #KAV fund raise? It is being sold as a big win, but I am not sure if the timing and quantum of fund raise was warranted for #KAV at this point in time. Plus, the Directors have added in a statement on RNS that few of the Directors are looking to buy into the fund raise separately at the same terms as the fund raise. Why should Directors participate in the fund raise at a discount when it is already oversubscribed? Without the Directors share issuance, the amount of dilution for #KAV shareholders is in itself is near 20% if Warrants are included. Plus the shares to be issued for the strategic partnership.
On one hand #KAV management says that they are very confident about the current drill campaign but on the other they have raised funds that is much more than what is required just because they got more buyers...all of this just one the eve of the drill campaign - just doesn't make logical sense. I really dont understand why the Directors of KAV not want to buy shares on open market like PJ instead of freeloading on discounted share offers on a oversubscribed private placement.

Hello All,
Does anyone the share dealing platforms this ticker is available to buy on?

Also, when is the targeted main market listing?

Thanks

Hi AquaeSulis,
We require your awesome Warrant tracker info here now, after a couple of exercises.
How is the outstanding warrant situation looking? Thank you.

Also any timeline on the Moloppo farm further assay results? We seem to have gone cold on that front. I have a feeling recent insider buying is due to the encouraging results from the first set of assay there.
Definitive timelines for the planned IPO's this year has not come out yet, although we are nearly done with 6 months of this year now.

There are a couple of large position holders who are cutting down on their exposure to POW...too many 0.5M and 1M sells off late. I have a feeling this will be the last bounce off the 2.1p-2.2p lower support range, expecting this to finally live up to its potential in a couple of months time.
It has been a real good consolidation and averaging in time for me in the past 12 weeks. Just bought my last tranche of around 0.4M shares today. holding around 0.45% of this ticker, I guess I will have to stop myself from taking anymore exposure here as its beyond my risk limits now :).
The price-volume action suggests that a lot of people have been silently adding up POW shares in the past 3 months - there is a huge divergence in the OnBalance volume and price action being squeezed into that narrow range with 2.1-2.2p as the base, bodes quite well for a significant jump up(The wait now is for a real good RNS from Molopo to provide that spark ).

A solid set of projects with 50% of them in the execution phase and with a pragmatic CEO at the top - we don't need to study and monitor multiple junior resources company in the AIM market. This gives me an exposure to a portfolio of good projects . I wish I had not invested in RRR(not a fan of the management), but holding KAV and POW through into next year.

Good luck all.

Not sure if issuing new shares amounting to 2.6% (around £720,000 in todays value) of the company's current share capital at such a low bar would be seen as a positive news by prospective or current shareholders. Its the signalling effect that scares me - does that 5p mark then imply that PJ assumes that employees and non exec directors in the company would have achieved significantly if the company share price hits just 5p? I was expecting this share price to drift towards 5p anyways, even if PJ progressed his current set of projects at this pace without having employees overachieve on any aspects of the business.
Jumping from 3p to 5p (with the current set of projects) is not a significant achievement to reward employees and non-exec directors to the tune of 30Million shares, in my opinion. Many a junior resources company have got bitten because of this misadventure. On the plus side, PJ has not assigned these options to exec Directors which makes him more credible in this space. Unlike the recent screw over by the $CRES Management.

My expectation is that POW will be valued a couple of Billion £s even if there are two successful decent size hits, but given the lower bar of 5p being seen as significant milestone to reward employees over a 3 year time frame here, it suddenly makes POW less attractive in the junior mining space.
Yes it is indeed a strange coincidence that KAV & POW opted to announce Employee stock option plans at the same time!!
(disclaimer: LTH in both POW & KAV here)