Member Info for PowerfulPete

I wonder if Warren drinks Corona lol

Justlookatthat, you’ve taken that straight out of the Warren Buffet book.

Through the licenses that pow own they

have been granted the right to earn a 20% of ownership interest in the tenements by funding US$350,000 in expenditure within 12 months from the date of execution of the binding agreement (first interest). Further, POW can earn an additional 10% ownership interest by funding US$150,000 within 6 months following the earning of the first interest (second interest). Following earning of the first or second interest, whichever occurs later, the parties will form a contributing joint venture in proportion to their tenement interests for ongoing exploration and project development. So it’s costing money to join the club. So what your are saying is Tray that if the exploration is a success and lithium etc is found to mine, pow can earn 15million.

The reason why pows SP is not rising and Gmet is.

GMET is focused on tungsten, gold, silver and base metal mineralisation in the metals-rich state of Nevada, which, with more than 25 precious metal mines currently in production, accounts for more than two-thirds of US gold production. Pow only have share value in Gmet.

Yes, pow own the licences, if it all happens and uranium is found the 70-30 spilt is good and not costing pow anything . Then the share prise will rise.

Yes Tray, I agree that ACAM are potentially going to invest the 10mill . But, it’s a non binding agreement which means things can change. Also that 10mill is to spend on exploration funding. We wait in hope.

Is it written in stone

Tray, are you sure the 10mill is in the bank?

Far as I’ve read pow have an initial 2mill down payment. The transaction also involves a non-binding term sheet to form a joint venture (JV) including Power Metal's entire portfolio of uranium licenses. The potential investment could extend to £10 million, enabling substantial exploration funding . So is written in stone. And of course they do find and mine the uranium.

Big hoose, you Scottish then Charlie?

Kever is an optimist that’s all, no harm in that.

If you bought the stock hoping for a bagger(like me) that’s down to you. As I’ve said casino aim.

Sadly as I Previously said Doc pow have only share value in Gmet. If it was the other way round then our SP would be rising.

Yes the JV is a non-binding agreement which means things can be changed. ACAM put in some money and also were issued with around 14billion warrants. As you say Sol001 we can’t hang about we need results.

Should have said PJ not JA

Justlookatthat, I agree with what JA initially started that was in 2022 pow own a lot of land and that’s worth money. Now the trick is to find uranium then get it out of the ground and sell it Then pows SP would fly.

Good luck

With IPO’s you’re only buying share value. To get the volume up we need something commercial. Then Mr Market will take note and buying volume will increase. And at last investors will make some money.

What we have here Charlie is an aim company.

You can either win or lose big, it’s a casino.

If you want safety invest in the ftse 100 or an ISA.

I like many buy aim stocks to make a quick buck

This one hasn’t worked out.

WhatI I really don’t like though is a fool like you

trolling and being disrespectful to other posters.

We’re all in this stock for the same reason.

TRP has been a disaster in the past yes but we are on the brink of drilling a proven oil discovery now. Shares are way undervalued now.

Kever as he posts, is optimistic about this company.

If he’s right it’ll be a bagger. I like optimism it’s what made oil men put their drill in the ground, some where dusters and then they hit a gusher.

That’s the the trouble with IPO’s your only buying share value. What pow need is something commercial themselves so other company’s invest in us. Then Mr Market will take note and buying volume will increase.

Of course it’s share value that pow own in Gmet nearly 50billion netting them 82% interest. As many investors did Pow thought it was a great buy. So Gmet’s SP in the last 6 months has trebled.

Yes’, Tungsten is brittle but alloyed with steel makes it it ideal for me industrial cutting tools, also has the highest meting point of any metal. Used in many things in electrodes. That’s why China has the biggest supply, but the USA has stopped Chinese imports . So up goes Gnet’s SP