Member Info for sol001

"The additional funds help set the stage for our urainium 👍👍

We already have £10 million for the Uranium, which means the funds from the gmet sale will likely go partly towards a new power Arabia project

I agree with doc and Tray and a buyback should be on the cards. Sean has already said a dividend is a waste of time. The Uranium is definitely our way forward now and all free

Good things to come LT

They could sell to the universities that study Environmental studies and get them to test the waters in the uk and perhaps also in the USA and abroad

Thanks for understanding stag1974

If you're new here the sp is in good place for you, but for some of us here and perhaps not on this chat that aren't new and long term investors in pow for years, the sp is in a bad place and I'm not talking about the NAV, but the actual sp. I'm still waiting for the sp to actually go back to 28p+ the only way that will happen is from the Uranium project under the pow sp. We do need more JVs under pow, like the Uranium project with free work. The ipos won't raise the sp here and this is my opinion

Tray, ever since Sean has started in 2023 with a sp of 23p; the actual sp has dropped. RR bought at 17p and now the actual sp under Sean has dropped further. The actual sp is where investors make their money, not the NAV. I can't go and sell for 28p. Sean hasn't brought actual value to shareholders. He's said he doesn't want to give dividends, so how are shareholders going to value if the sp keeps dropping? Maybe the NAV was lower under pj, but the actual sp via the lse was above today's NAV. Back in Jan 23 it was 32p prior to Sean starting in March and over 2 years later its now around 14p. If the NAV is 28p as you said, when is the actual lse sp going to reach 28p? Because that's the only time investors will see value in their investment. Newbies here who bought in at 11/12p will see a tiny profit, but what about investors who have been here for years

The sorters were in the same position as the tantalum interested parties. If you are going to mention one, you should mention the other

Nothing to do with shares in issue as you said and nothing to do with hype. Less money in the bank then and now the NAV is less than the past 38p. Why can't Sean with now millions in the bank and the value to shareholders get us to the NAV or past that when a previous ceo could do that with hardly any profit and the same model?

"it doesn't matter how many shares are in issue. You are raising capital and turning it into more value for shareholders"

If someone bought the shares before Sean started at 28p when there was less shares in issue. Where's the value for them pi's currently? And if the NAV is 28p why aren't we there again? We were above the NAV with PJ over 30p. At some point we were at 38p under pj. Same model, different ceo. If it's nothing to do with the shares in issue, why hasn't Sean done what pj did with exactly the same model

If the so drops lower, this would be the best time for the company to buyback some of the shares they have diluted. If they brought it down to 98,000,000 with some of the funds they have from the partial sale of gmet, this would be a good start. It's only a small amount compared to where it was before Sean, which was just under 87,000,000 shares in issue. If it was that many at current market cap. It would be around 18p. It would likely be more than that with a lower amount of shares available. Sean says there is nothing he can do to raise the sp, but there is with a buyback and they have cash now to do that.

We have the Uranium project already going and free. A few in Saudi Arabia at the moment and he could find another free option with molopo as a JV and we have tati which doesn't need any extra cash. They would still have the gmet 17% and fdr. So he could arrange a buyback this year and later another after the next sale of gmet

"I believe it may well be taken over if the BOD do not get their fingers out" Taken over in what way pottertony? The ceo or the whole company power metal?

"What a pathetic comment. Perhaps he is continuing to increase the book value of POW"

Alright doc whatever. I don't see it in the sp and as a shareholder we haven't seen any return to investors since he started. He's diluted the sp, but nothing has come back. What would you prefer, the old 30p sp or the sp dropping. Some have mentioned it will drop to 11p again, but you don't seem bothered about that and just wanting to go toe to toe with me

Until they release news on a buyback and we have positive news from the Uranium drilling, we will be still in the same position imo. I don't know what Sean is doing; Maybe one of his other jobs or on holiday. The news here is very quiet

The secondary flotation plant is a backup incase the OEM team can't fix the issues. GR said he didn't want to use this if he didn't have to, because it means needing more money for the secondary plant and coming back to the market. If the OEM can't fix the issues, this will be the last attempt to get things sorted. If the secondary flotation plant doesn't work, it's all over imo. He's the one who's trying to get the plant running and Glencore onboard, but if the experts brought in can't fix the plant, George can't and I don't know if Graham will either. I'm sure it won't come to that. They have plants running successfully in other areas, so the OEM team must be able to figure out why it's not working.

There is so much going on in the background and I think we will see some more new business before the end of 2025. They have the pfas still to release news on, the QuickChek® with sales from Q2. They are close to completing its smart digital integration capability so that its devices can integrate and communicate remotely to a centralised dashboard for continuous data monitoring and control.  This has AI technology. Alot of exciting news to come imo. It's just a shame they don't have interviews with Bob Moore to discuss this further, so shareholders can find out what is happening.

When GR leaves who will you blame next? Graham? George isn't the one completing the test run and suggested the secondary plant. He's been advised of the issues and told of ways to resolve them and then because the ceo, he has to feed this back to the market. If the OEM team can't fix the issues, it's not George's fault and what is Graham doing in this time? Sitting on his hands waiting for gr to retire and what difference will he make. Shall we look to the future or keep looking backwards. If they've been told that the secondary flotation plant will resolve the issue, then that's what needs to be done

As we are aware, news can drop anytime upto 6pm. If not, then likely Monday. Even if its saying they need the secondary flotation plant, that's not a bad thing. It's been spoken about in interviews already and the foundation is already prepared for it to be fitted. Any extra cost for the secondary plant is also expected, so it shouldn't be a surprise. A surprise for me, would be the current test run has worked and they don't need the secondary plant at all

Probably blocked from all the crap jaglith been spouting lol

Because it will cost money and likely they will come to the market for more. The test is already paid for and save on coming back to market.

Are you helping jaglith, that's why it's not working lol GR isn't doing anything. The oem team will be doing the work and suggest if the secondary plant is needed or not. You should know being onsite, since you know what gr is doing