Member Info for PowerfulPete

Tray, Power Metal funded the acquisition by issuing shares and warrants in FDR UK, with the initial consideration including 13,333,333 Power Metal ordinary shares and 13,333,333 warrants to acquire new ordinary shares. Is this not more dilution.

Well Tray, for a long time now I’ve held and traded pow 3years in fact. Got my average down to a good level. Now to make a profit, I’m waiting for the float to move up. You can sell the model all you like Tray, if it was that good mr market would be buying in.

We all wait in hope for something to come out of the UCAM JV

I second what you say Sol

Tray, is this how pow have bought into FDR.

Power Metal funded the acquisition by issuing shares and warrants in FDR UK, with the initial consideration including 13,333,333 Power Metal ordinary shares and 13,333,333 warrants to acquire new ordinary shares.

Sol, that’s what I think as well. We need that find. Finding Uranium will generate millions to the cap of this company.

After all Tray that’s how in all started with PJ exploration. The model at the moment is not moving the SP

Yes Tray but they haven’t, that money was from the sale of shares, not exploration. This company has been run on money from giving away shares. That’s why Sean cleverly had a consolidation. This company needs to get trust back to buying investors if and when there’s a commercial finds that’ll bring them back.

Tray, you often mention everything else is for free.

What about running the company, their wage bill, offices at the London Wall. That must coming out of the profit made from the Gmet sale, at this moment pow has not generated any cash from exploration.

No Doc it hasn’t. An MRE discovery typically refers to a Mineral Resource Estimate (MRE) discovery, which is a crucial step in mining and mineral exploration.If we had perhaps the SP would be higher than it is.

Well there you are Sol Tray is on about all the dummies who don’t understand the pow model. We don’t need a discovery. Just need the balance sheet etc. He’s a keyboard warrior.

What do you mean Tray, the float has been in poor hands. What the hands of holders, holding for a long time. I have a significant. holding in this company. Let’s hope this significant buyer doesn’t buy and sell into a rise.

I agree Sol

The importance of tungsten in electronics and industry is massive growing world demand with growing concerns about reliance on China.

designated a Strategic Project for critical materials by the European Commission. There are huge cost of mining and purification and previous failures. Also how China could slash tungsten price to make mine unviable. Also danger of US waking up and expanding production at Spruce Pine facility.

So for now it’s Gmet for me

I don’t think the US government will let Oliver down.

They have put a ban on the Chinese, so are relying on Gmet. So hopefully Gmet will carry on making Pow a profit.

Hey Doc, so you would rather not be in profit if you invested in Gmet. I think they’re more than a one trick pony. And as tray keeps on pointing out about the pow model and profits and cash in the bank and of course having the float in different hands. The SP will be stagnant until we find that uranium. That’s where the big money will be.

Sol001 , you seem to be relying on this share by back to enhance the SP would be nice less dilution means each share will be worth more. Will it happen? Will Sean spend the cash? I think, as you and I say a commercial find will attract buyers and get the SP up. We wait in hope.

Geo, you said, It’ll be higher than here tomorrow. Why risk trading it!!!

Go play golf or something. That was when the SP was 0.037 you should have traded it. Lol

What happens is, pi’s get fed up with the waiting and move on. Then they’ll check back daily to see what’s happening. Soon as a a decent RNS lands buy back in. Just my opinion of course.

Tray seems to have all the answers, wonder what he thinks about that question.

If they drop any further Sol, why Sean did not hold onto to the first trance he sold Gmet at 53.00 pow would have had a lot more in the bank.

Lucky you 😂