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I'm just going to avoid this chat and the trolls here. It's pointless and I'm not here to argue with idiots that don't even have shares in microsaic. See ya! And good luck to the genuine people like LT, snowboots ;-)
Currently 96% diluted. Absolutely disgusting. I hope for the existing shareholders as myself on this chat, that they do go back up again. For the folks that don't have stock and still on the chat. What can I say, but have some thought for us that are in this position and hope for us all this goes well
I'm not happy either LT. Especially when our shares were consolidated down and the new shares according to the rns is more than I worked them out to be. 6.36b consolidated by 6.25 should of been around 101mil. Not sure about my maths there. Correct me if I'm wrong.
They have alot of serious hard work to fix their reputation imo and I hope new business comes through for the Modern Water and microsaic equipment to raise the sp again. At least having acquired Modern Water, it should avoid future result issues (stills no results yet)
Pow need to be making alot more cash before they start paying out dividends. Maybe in the future they will. We just have to sit back and wait and see. They are definitely going in the right direction though. We can see that from yesterday's news release.
I'd like to see in the future a buyback of shares imo. due to there being too many shares in circulation. The sp is too diluted at the moment. Its like drinking a single malt whisky with a pint of water. Not good lol
https://resolveresearch.co.uk/companies/power-metal-resources/
'Value generated through disposals will be deployed internally to drive the Company’s growth or may be returned to shareholders through share buy backs, dividends or in-specie distributions of assets'
Nice Post crisplex:)
Officials say the agreement with Power Metal Resources aims to unlock high-value investment opportunities than maximize potential benefits from mineral reservesIt was signed on sidelines of Future Minerals Forum in Riyadh, which offered a showcase for the business environment in the Kingdom’s minerals and mining sector
Can anyone remember when sean put forward the application last year for otc listing? Reading online it can take upto a year to process. Hopefully goes through without any issues. We definitely need more buyers coming through. Not sure how many shares we would need to sell to take us back above 1.00. With an otc listing and some good assay results we should tip over 1.00 imo
I don't agree with an ipo spinoff for the Uranium project. This should stay under pow. It's ok them making lots off ipos but if it's not helping shareholders who have been loyal to pow, what's the point. We have too many shares in circulation and its keeping us down. Yes we know the ipos will be covering drilling, but I'm happier pow cover it, making a discovery and pow sp going up. I'm getting peeved off with us not going anywhere and all this talk of finding projects to then spinoff with a different ipo and pow sp dragging behind
I see fraud used alot here. If this was the case 1. Bank accounts would be frozen 2. Official press releases would be available to view 3. No way they could rejoin Aim and 4. Why hasn't action fraud been let know. There seems alot of chat here and inside details. You can pass this to Action fraud. I'm not way sticking up for them, but rather than post here, pass all the knowledge onto the press and police. Fraud is a crime and not civil