Member Info for sol001

There will definitely be a new president, maybe 2 presidents before they have a fully functioning commercial mine and depending on the size it can range from as little as £1 million to £1 billion that I've read online. Not sure how much they spent on the Plymouth's tungsten mine which is due to open next year.

Pow is in a good position though and won't need to spend a penny

Pow more than likely needed the cash for it's other project without coming to us for funding. How are they paying for the Saudi project? That's a couple of mil. That's likely coming from some of the funds from the sale of their gmet shares.

Gmet will need to raise funds to continue down the line and eventually they will come to shareholders for this. If they want to mine the tungsten, this will be a considerable amount of cash.

Pow still has a huge amount of shares still in gmet. The most important thing for us now is the Uranium projects we have

It would be nice to see this rise above 20p off the back of gmet. Especially with gmet not making any money like pow have.

Once the drilling starts and news from the team in the Athabasca starts coming through, that's when it will really start moving up. Let's hope a discovery can be made. I don't believe ucam will stop until they do; especially with investing £10 million into drilling etc

20 minutes in

https://youtu.be/K8ZD86RgzYA?feature=shared

The interview with RR said clearly May to Oct. Maybe even Sean doesn't know

We need more communication for definite. Does anyone know what the ground crew are doing at the Athabasca right now? Tray you seem to know alot. Do you know what is going on and why Sean said the drilling would be starting in May and we haven't received an rns to say drilling has begun?

All shareholders want is more feedback

It will until positive news drops and that will eventually happen. The sp will drop after a raise; lots will buy on the cheap and positive news will boost the price back up. Its better to just hold on and ride through the storm. The plant will eventually run, either under George before he retires or under the next ceo. Other plants can manage to do it and zulu will at some point and we will be back on top. Zimbabwe is a hot zone for the mining industry and canmax and Glencore want the product. Otherwise they wouldn't be still hanging around.

Don't listen to the negative posters if you're new here. It's obvious that they don't care about the shareholders and only here to convince to sell and will be buying anyway (shorters) Every chat room has trolls. Just filter them out 😉

Medjed have a listen to the interview. It explains in detail at the start, but we just have to wait for the RNS's to see what they decide

https://youtu.be/3gRfVQpJjx0?si=IYoUUlL-adoSaUuS

Gmet up today. A completely different model and ceo to us. This is what pow needs. They get so much more news than us. Come on Sean!!

I'm hoping that since we haven't heard that the drilling has commenced, that the team are still doing more checks to make sure they will be drilling in the perfect spot. It would be nice to get an update, it doesn't have to be an rns. Just something to let us know what the ground team are doing

If someone is posting constant negative comments and they are buying (even a shorter) I wouldn't take anything they say seriously. If they don't hold any stock and not voting, its just hypocritical imo

If that's the case Seagul19, what's the point in shareholders voting for the consolidation and raise. You hold a fair bit, from what you said in previous chats, did you vote for money in George's pocket or against?

If the vote goes through for the consolidation; then he said the raise will be before this happens. We will have to wait and see what happens when the rns drops, but from previous raises if you look back in history, there's alot of buys and it won't stay low for long. Especially if more positive news drops, which if you look back, this is also the case. Don't forget the majority of shareholders voted for the raise this coming AGM, so you can complain about how low it goes and all moan at GR, but end of the day the votes will show how many wanted the raise. This will be the last chance for George to make it work and then someone else will step in

Thanks 👍

I found it nomadme

How do you filter them out?

Why are you here or even others that don't see the plant making it work. Ever you're secretly buying which is hypocritical or very bored with your life talking about something that you're not even invested in

Wait and see Jaglith. I bet you there will be buys as every other day there is buys including today

Nomadme, only time will tell. We will soon find out. This consolidation, Glencore on the cards and GR's retirement all come at once. It's going to be an interesting few months. There will be dilution on Friday, but there also will be alot of buying. Even the negative hypocrite posters will buy 😉

Let's see what happens, but something has to be done and we can't keep blaming George. Who are we going to blame when he retires; the next ceo who just sits at a desk?