Member Info for sol001

On the beach uses jet2, but they use various other airlines. If you want a package holiday to New york they wouldn't use jet2 for that. Jet2 only uses its own planes like easyjet and Ryanair. I can imagine the costs for them because of hiring ground staff and cabin crew etc

What's with the drop from yesterday ? There's literally no news released from the company to explain it. News on an increase in long haul flights which means more money for the company and tui stopping flights to the US which is the competition

We understand the model, we just have a freedom to voice our opinion as you do

If they give me a million and a shovel; I'll go digging in the snow for the Uranium lol

Sean has brought more money in than pj did. Pj was similar to Oliver in the interviews though imo. Money doesn't seem to be bringing in the buyers. Unless when we get confirmation of the cash from the gmet agreement with ucam next week we get a boost. Imo I think we need more action in the field and more news flow. Look at gmet; they haven't had £10 million for work, £9 million for selling investment. Plus the rest of the cash we've had from RRR. Gmet has gone up from fieldwork and results

I don't think Sean is the problem. He is getting the projects in and the cash in. It's the team on the ground that seems to be going at snail pace. I'm just looking at other companies in the area (which I won't name) and they have winter surveys and drill programs in the winter months and throughout the year. Also with JVs. It should be action, action on the ground 12 months a year like other companies with eagerness and passion

Pow isn't really a mining company like other companies out there. Yes we look for potential discovery's and then spinout or sell on. I don't think the company will go as far as building a full on mine in the athabasca. Thats too much work and alot of expenses. If we have a discovery or 2; they may spinout an ipo or sell on for a huge profit. Gmet won't make any money until they start mining and selling the tungsten. That's a long way down the road and pow will eventually have £7 million in the bank and £2 million loan note paid back and further cash from gmet in the future selling the other half of their investment. The team has £10 million just for the Uranium project alone and they only have licenses for a couple of years. It's not something to take your time with. Other companies in the area manage to work 12 months of the year in the athabasca. They don't stop for winter months. Why say 'maybe summer 25' in the rns

Even though I compain (being British I come with the badge lol) I'm still holding. Knowing my luck, I'll sell and then a discovery will be made and I'll be kicking myself for ages. Still hoping the Athabasca will be the one for pow to shoot the sp up.🙏they have 10 million. If someone gave me 10 million to find a discovery, I'd be out there snow, wind and rain to get it done

Also I suggest icb888

"Following this initial target generation, field sampling and potentially further geophysical surveys may be planned for the summer 2025 season to understand the prospectivity of the project better."

Maybe in summer 25

Being a long term holder, I have the right to complain. I just haven't arrived at the party

More land acquired but surveys in the summer. Meaning nothing will be done there at this rate until 2026 after rock samples are taken and winter months back again. Spring is almost here, will we receive news of a target and drilling this year in any of the areas they've acquired. We really need more updates, it doesn't have to be an rns. That's why they need the website up and running

Ucam doesn't seem to be the type of company that will pull out of the deal, especially with the ACAM 2 million loan note back. We have to wait for official news, but I don't see it being an issue. That then will be cash in the bank. Let's hope the sp rises when that rns is released

Surprised at the sp back at low numbers again this morning after the news of millions of profit from selling half of their investment in gmet. This is money in the bank now and IF gmet stays the same or goes up in the future, we will have another 9 million plus from that. What do we think Sean will decide to do with the cash profits? Do we think shareholders will see a return as Sean and Pj have mentioned in the past.

I think we do need the Fermi exploration website up and running to explain in detail what work is coming up and already completed in the athabasca. Perhaps also uploading the interviews with Jack Dann on there

I had to look up what pegmatite was. There wasn't much coming up in the athabasca, which I presume is a good thing. I'm hoping we have another interview to explain the rns in detail and if this is a potential drilling point.

unless we have anyone here who can break the rns down for us in layman's terms

Geochemical and radon gas results show potential for intrusion-related uranium mineralisation at the Antler Zone, including a 700 m trend of key indicators including radiometric decay ratios and anomalously high uranium, thorium, and rare earth element concentrations. Radon-in-water anomalies from three nearby lakes, support a proximal uranium source.

 

· Rock samples from the Antler Zone returned the Property's highest uranium values to date, including 1.68% U in a pegmatite.

https://www.usgs.gov/publications/uranium-pegmatites#:~:text=Uranium%20and%20rare%2Dearth%20minerals,of%20feldspar%20or%20mica%20mining

Same boat as you jonfon. I think we both invested around the same time.

Excited about the Uranium project and the Saudi projects (as long as it stays put under pow)

They seem to be alot slower getting things done compared to others I've read online in the athabasca, but let's hope that's because they are making sure they hit the bullseye 🎯

Curious to see what happens with the huge profit they made from gmet. Guess we have to wait and see after the 10 days completion if shareholders will see a return as Sean has mentioned a few times.

Will keep on holding and pray they make the discovery we all hope for. Tray is right in his posts. The sp definitely is way to low a company that is debt free, millions in the bank and all these projects. We should also be getting more money from RRR as well soon?

Yes greenboy you are right. Gmet as a junior miner won't make anything. Not until they start mining full-time and that's a long way off. Pow now have over 9 million pounds from their investment. We have our jv with ucam and JV partners in Saudi. More great things to come for pow; especially if we have a discovery in the athabasca and then we make more cash from this imo

It's not completed yet; so I don't think much movement imo

Doc what would you suggest as a return to shareholders as per Sean's words in the rns? Do you believe we won't make any money as a company to cover their own costs? If that's the case; gmet hasn't enough to cover their costs until they start selling the tungsten and will be soon diluted. Good thing we sold half now then

They could have a share buyback. It doesn't matter how many shares are currently in issue. I'm invested in another company that only has 45 million more than pow and they are currently going through a buyback with another on the cards at the end of this year depending on profits. It's a good thing if it happens and this is a good thing for shareholders and the company

As alot of investors say; Sean knows what he is doing. He knows pow and gmet inside and out. Pow isn't in debt. So the money isn't for this. So the reason is something to do with gmet. They know what's going on behind the scenes without saying anything. They don't want a huge loss when it goes down. Look at fcm and RRR. The only ones that don't like this news is gmet investors. It's going to be finalised. Larger investors wouldnt force Sean to sell unless its for a buyback or dividend as a return back to them.

They have made a huge profit from this and its a positive rns.

It won't be used in molopo lol. Molopo will be either sold off or put into a jv. It's not popular enough for an ipo.

They must have big things in the pipeline for the cash. As some people say, in Saudi. There's alot of potential there

'This would represent a strong validation of our incubator model and will hopefully give investors renewed confidence in our ability to generate significant shareholder returns'

I think a share buyback would be the ideal return to shareholders. You only have to look at other companies that released news on a buyback and the sp jumps considerably. The price will rise with less shares in issue and this will attract more investors to pow