Member Info for roger65

‘ They need to take the time to find the perfect spot to drill.’

What, like MFC??

Company being found out as I said a couple of days ago. It’s got pieces of paper & now more people are realising that’s all. PJ was the master of winding up excitement using words such as ‘transformational’ repeatedly. I realise he obviously knew he was bull sh.tting the market and just keeping his fingers crossed.

I hope we see some cost savings implemented somewhere until the highly anticipated bull market returns. Nothing else will shift this. Desperately disappointed

Share price now lowest valuation in over 3 years.

Where’s Tray? He’ll-surely be able to tell everyone that things are actually going really well and that I’m just being impatient. Well, after several years of being invested I can confidently say I’ve been the very model of patience but it’s wearing awfully thin now as the market clearly thinks POW even under new management is going nowhere anytime soon. How low will this drop now? Back to the all time lows of .2p? I wouldn’t have thought it possible even 3 months ago. Now I’m really not so sure. These salaries being paid are not worth it. Disastrous

Rampers at it again.

Odds on that it’s about the same as there’s no news due.

Pathway to nowhere still keeping some hopes alive it seems.

So, I think you’ll be out by Xmas then JB…Xmas 2024!

It all depends on what news we are given regarding sales and most importantly whether or not NICE hands out a FULL recommendation. If they do then this will rocket to 50p+ but…. as I’ve said before I don’t think a FULL recommendation can be given because there is still so much data gathering that needs to happen for CYP2C19 and remember it’s behind AIHL because there have been no pilot schemes set up anywhere. AIHL was being piloted in Greece and in Greater Manchester Hospital at least a year before NICE did their EVA. It still requires a further 3 yrs of data collection before it becomes mandatory for all NHS Trusts to purchase it and use it. Imv that means CYP2C19 is some 3 or 4 years off gaining the holy grail of approvals.

Unfortunately I just don’t think Cheek has anything positive he can say to the market yet, hence he’s staying shtumm.

If he can’t get those drawdowns going again with RF then this is going to drop further obviously. By how much is anyone’s guess. Didn’t think it would get this bad but I think we’re almost certainly looking at 8p next week if there’s still nothing from the new CEO.

I’ve bought a few more sub 10p but maybe I’ll get a chance to buy some even cheaper. It’s gotta reverse at some point surely?

‘ , not long now’ eh cobblers? I agree, about another 3 months imo

Think this company is starting to be found out now.

January 2023 £900k was raised to be spent on Tati and for acceleration of the exploration and that this would include diamond drilling. . Nearly a year later we now have another RNS suggesting they’re are now getting ready to make plans to explore further but… there has to date been no drilling of any kind. If this is POW accelerating matters then Lord only knows what they would be like if they took their time.

What has that £900k been spent on? Soil sampling ? Getting flakier and flakier by the minute and I’m almost expecting a cheerful RNS announcing yet another placing which they’re very excited about because it means they can accelerate further their plans to think about how they might move things forward. Turning to dust this stock. SW not proving to be any better than PJ and after all the noise about going to Saudi Arabia and the ME they have absolutely nothing to say other than out of the blue these two bits of exploration are going to start soon (in a years time?) .

I’m feeling their discussion with third parties on MFC have come to nought and also all the Middle East meetings have resulted in nothing. They’re now panicking because they’ve got nothing lined up to says to the market to justify their large salaries. I know, they could do another IPO or two, that would keep them busy and ‘excited’. Starting to sound more and more like second hand car salesmen ie winging it from one day to the next. Grrrr

It’s not you LegalW

The wait for any return on my investment looks as if it’s years off. Need to get back in the blue first though as POW has failed to deliver anything at all for the last 3 years. Looking like it’s going to be a 5yr hold which is irritating after all the IPO bs about how it’s strengthening POW’s business model.

Oof that’s a big and sudden drop! Things seem to have gone quiet now they’ve got that bad news about having had to cease production out of the way. Hope they can get back to positive tweets etc to signal progress with business is on the up for the foreseeable.

I thought we’d been told , perhaps via an email from the company to an individual share holder that FDA was off the table..? Cd be imagining that but I think it’s highly unlikely GDr will suddenly find the £2m required to submit an application. If we’d qualified for De Novo or D510 routes, which are much quicker and cheaper, we would definitely have been told. As far as I’m concerned the US market is only a long term option, possibly a couple of years after AIHL and CYP1C19 are established in the UK market and generating revenue that can guarantee paying for the FDA applications.

Oh dear, I see you’ve got a load of suckers buying into your ramp fantasy figures. Good luck to you all. We’ll see by end of Jan 19th if anything happens but I really wouldn’t be surprised if there are further delays due to unforeseen circs. Anyway, .85p would be great result here for me and I think it’s definitely achievable in the next 3 months. Would give me almost 100% return.

Actually, even though they’ve drawn blanks at MFC to date and have had no success trying to sell it or attract a JV partner, I’m ok with them doing more drilling if they are more confident than last time that they’re on to something worthwhile. If they’re going to make any money out of MFC this is probably the best way of making something happen.

MFC news today and Tati news yesterday. Seems like they’re realising the IPO strategy will take years and years for decent rewards. These drilling campaigns are expensive and will still take time but if the discover something good then in a year or so SW might finally be able to turn POW around .

I would like to see them get started with the drilling asap though. Reading the RNS suggests it could be months but the even get started.

As for third parties, didn’t the selling company POW hired for MFC end up taking half their payment in shares? They might be the third party in talks as I’m sure they’re desperate to find the means to recoup some of their losses. I think it was 50% of their fee, which of course is now less half of that owing to the huge drop in the share price. Just my musings.

I should have! Got greedy

If this ever gets to 1.5p then that equates to an mcap of $300m and we will very quickly scoot off into the distance towards 15p with iis jumping on board.

It’s not going to happen though. I think this will get signed off and the sp reaction will be something of a damp squib

If it gets to .85p I’ll be happy and leave you to the what lies ahead.

Oh he is. He knows we know he knows he’s in the smelly stuff right now without a floatation device to hand …

Rick will probably be given the option to buy more at .4p knowing the way AIM mining stocks work.

POW already has a stupid number of shares for such a tiny company. Should do a consolidation and at least make an effort to look like a ‘grown up company’, as PJ once referred to it I think…?

‘ POW have got no money for drilling’

But Tray keeps banging on about how much cash in the back POW have… £16m I thought he posted not so long ago

If I wasn’t in the red so badly this would be funny.

The company is becoming desperate to kickstart a recovery in the sp so is doing what ever it can to put out some news. Only trouble is that everything they do ends up with the sp dropping further. Think SW is scratching his head by now

Peel Hunt still have millions of shares they need to dump.

Whole thing is rotten and stinks. Should have had a TR1 weeks ago but nothing. All an inside job. Would not surprise me one little bit if this was investigated.

I just wish at least one of my other stocks would suddenly surge so I could whip that out and put it in here. Chance would be a fine thing...