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US OTC has now changed over to POWMF
https://www.otcmarkets.com/stock/POWMF/overview
I'd like to see some sort of deal done with the whole of the Uranium project, rather than the previous mention of an ipo spin off of UEE. It would fantastic if they can make a joint venture and keep it under pow. This kind of deal would definitely bring us more investors and boost the sp here. A spin off ipo is a bad idea imo. Look at gmet. Doing well, but has no impact at all on our sp at pow. When are we as shareholders at power going to benefit from the spinoff. Unless you have shares in the spinoff, we probably won't see any benefits until they sell shares at gmet
No stockbox interview from the rns this morning; so perhaps some more news to come. Hopefully something on the Uranium to bring back some excitement to the sp. If we see a great deal completed for the whole of the athabasca project, this should wake up the US market as well imo
I wouldn't go as far as selling because of molopo farms. If the results don't come back with anything, they should just get rid and that's it.. They should leave the Uranium under pow 100% or as a joint venture to help with costs and concentrate on this and power Arabia. The Uranium and Saudi will be the bread and butter
I'm not expecting anything from this imo. pyrite isn't worth F.all. if this comes back dead, then they should sell off molopo and move forward with the Uranium and power Arabia. This news today won't do anything for the sp :/
I agree Doc83. I think when we hear more about what is happening with the Uranium project, this should help push us up a bit more. Hopefully attract more investors as well. I'm really interested to find out what Sean will decide to do with this. There seems to be alot of interest from what he said in the presentation the other day.
Also the molopo farms. If they do discover some good results; will they spin it into an ipo, a joint venture or sell it off at a profit. He mentioned before they were in talks about this
it surprises me every day, how low the amount of investors we have here compared to other companies on aim. especially with sean working hard to find the right projects, doing exactly what he said to get us on the usa market and not wanting to dilute the sp by adding new shares and bringing in money from big investors like rr. there's aim companies that have 100s sometimes 1000s of investors and most of them are complaining about the ceo and the company and the lies they tell.
people are attracted to chaos. look at how many people ****ged off trump all these years and boris and they still vote for them
I would agree with you there Wiltshireman. Look at saudi arabia at the moment with how much development they are doing for their country. We can't even complete a high speed rail line.
Pow is definitely heading in the right direction imo
Great news and a huge step forward for pow
Here's a link to the otc
https://www.otcmarkets.com/stock/POWMD/profile
It's good that the molopo, they are continuing drilling around and waiting for good results before releasing any news to the market via rns. I'd rather them make sure they have something worth reporting, then rushing out poor quality assay results
Looking forward to more news about the new deal you mentioned bobbust. I'm curious what this could be. Hopefully something exciting that will push up the sp :)
From the last drill completion to the results; it took 2 months. I'm hoping it doesn't take the same amount of time; otherwise we are looking at summer time before we hear anything on assay results. (Are they looking for a needle in a haystack)
We aren't really expecting much from molopo, since the last results came in negative last year and this is probably why the market didn't react too much when the rns came out with further drilling. Hopefully as doc83 said, negative results shouldn't impact too much as our interest has now moved onto the Saudi Arabia and Uranium projects. All imo
The issue I have with the ipo spin offs is its moving buyers focus away from pow and the more ipos they have the less each company will have in small investors as ourselves. The sp will go up with the ipos and pow will make money, but if like some people who's been in pow for a while; I'm in the red and the sp isn't following suit with the ipos. Sean says power Arabia will be good for us shareholders at pow. I'll wait and see if that's the case. Today's sp is still around the same market cap. as before at around 0.70 before the consolidation.
If molopo comes back a dead duck, we should just get rid and bury it imo. Fingers crossed its alive and kicking
Https://youtu.be/i1Cx-2MwBEI?feature=shared
7min49
If anyone hasn't seen this already. Explains the reason behind the consolidation