Member Info for Parfett123

You post negative comments everyday saying how silly people are being for being invested in POW, then question why you receive negative responses.... perhaps you could simply take a break from your daily crusade.

The SP is up 34% in the last 6 months even under a lot of warrant pressure and dilution for acquisitions whilst PJ has been transforming the company. Relax dude, if your short your short, but stop making out like shareholders aren't being rewarded even through all of the market & warrants head winds

Given that PJ bought shares on the market over the last few days, how does that work as Power are currently undergoing due diligence with the First Development Resources acquisition with a deadline today?

They have already raised £5m to cover operating expenses for the first few years, no one expects it to be income generating from the of the IPO, most holders simply want to see the £23m market cap realised and reflected back to #KIBO. Anything after that is nice but not guaranteed.

Ayatollahblair, you do understand that RAB exploration technique is only used to indicate if there are areas of interest worth drilling, which it has done whilst also locating a whole new area of interest. So it has proved so far exactly what every holder wanted to hear, there is enough potential to undergo a diamond drill program.
I cannot fathom how you feel this is a negative in anyway other than a lack of knowledge as to the actual process that POW are going through.
This is also 1 of 7 projects that is undergoing exploration with a further 2 awaiting the thawing of snow, 3 IPO's planned for this year, please enlighten us as to how you view what POW are doing as negative? The SP is manipulated by the markets, when you actually look at the business itself it is by far and a way in a better position than where we were when the SP at January highs.

The exploration they were carrying out was to give a clearer idea as to area of interest to undertake diamond drilling, which has now been undertaken with a 400m drilling program being organised currently. They also found an additional area of interest, so no they did not simply 'find nothing'.
The sell off is because many do not understand this is simply part of the exploration procedure to allocate specific targets for their drill campaign .

Terrible marketing and market awareness, the recent interview and IPO video had terrible audio thanks to Louis not understanding he needs to wear headphones rather than listen on speakers. The market doesn't like KIBO, so many will automatically turn off. However for everyone else who look past the prejudice etc are ready for the IPO and enjoying the tick up.

This is a long game, not overnight. Give it time, let the results come in and react from there. The 'confetti' licenses will be used to expand the value of the planned IPO's attractiveness, these are not planned in till later in the summer. So sit back, relax, top up on weakness and see where this can go.

As part of the IPO you have to dilute to create the free float of shares to be openly traded. Otherwise what would the market be able to buy?

Normally when the company releases a sale RNS, the SP tends to re rate to that level and even slightly over for a short period thanks to everyone jumping in. The offer will then need to be voted on by all the shareholders but the SP will normally hover just shy of the value of the offer as some cash in and move on. We wont know the framework or value until the RNS, however once the vote has been agreed they will normally then contain details as to the payment date etc for the cash to be distributed.

Not just warrants no, it has been a pretty indiscriminate exploration market wide pullback.

It is a quarter of their entire market cap, why on earth would they raise that much to sit on it....

Very very different situation for so many reasons.

It seems like a strange process, with any bidding party under NDA's I wonder how they would be able to advise the potential clients as to the reasoning & fundamentals behind the value being raised if they cant discuss it?! Would love any input in that regard.

Anglo American are under NDA's if they are involved in the bidding process so they cannot say specifically why they are raising it however the timing, history and connection with EUA is undeniable. Especially with the travel ban causing the delay!

Last time we didnt have a potential bidder raising 15 billion for an unkown reason!

For any gold or silver investors, it is worth looking into the effects of the Basel III implementation, incredible 3 month macro bull driver that isn't being talked about enough.

For any gold or silver investors, it is worth looking into the effects of the Basel III implementation, incredible macro bull driver that isn't being talked about enough for the price of gold.

For any gold or silver investors, it is worth looking into the effects of the Basel III implementation, incredible macro bull driver that isnt being talked about enough.

Does anyone know what is happening to these?!