RE: The Oak Bloke - Fright or Flight3 Nov 2025 12:45
Just incase you couldn't find it 😀
The OB 2024 idea POW benefitted from GMET ascendancy although only in terms of cash proceeds (Tranche #1 sold for £9.2m, Tranche #2 sold for £13.6m = £22.8m) and not the share price performance. POW at £15m market cap (!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!) remains -19.7% and is one of the most mispriced shares in the UK - in my opinion.
Between its stake in:
1. £4.2m for 30% of Fermi and its £10m Uranium exploration programme.
£1m for 35% of Blockchain-based Minestarters, for decentralised trading of early stage miners with rules-based disclosures, rewards and performance. Rules and disclosures improve the friction of mistrust and fat commissions taken by Brokers and Intermediaries, and will help investors exposing liars standing at the top of holes in the ground, while money can pour into progressive companies like Guardian who via Blockchain disclosures and a “chain of custody” of evidence can direct productive capital into the ongoing need for metals and minerals.
A £4m 16.66% stake in Apex Royalties the de facto UK successor to the delisted OB idea Trident (TRR)
75% of Chemical Engineering and Metals Recovery GSAe
A ~10% stake in FCM worth £0.4m and a small stake in Australian listed AAJ.
An 82.3% stake in Power Arabia and its highly prospective copper project
A 43.44% stake in newly-listed FDR (£3.1m marcap) Gold prospecting on the doorstep of Billion Pound Greatland Gold.
A 25% free carry on the development of Gold prospect Tati (with 100% ownership)
A 87.7% in Molopo a PGM-Nickel project.
Plus an estimated £10m remaining cash after the above, so all the above you can buy for a net £5m if you strip out the cash - POW might engage in buy backs.
Can you see why I added so many exclamation marks for POW?