Member Info for sol001

This sp today is back to when we had the consolidation. It's fair to say something isn't working. Let's hope the ACAM JV goes through very soon or we have some great news to drive the sp back up. This drops any further and it's not good

So how much do you think all the equipment etc would be? A couple of quid and some cereal box tokens lol I'm not an expert, you tell me

To set up a mine would cost the company millions. More than we have. Unless they have a JV that is going to cover all the costs of setting up a mine, Sean wouldn't go down that route.

With Gmet he should wait for a grant to get accepted and then sell. If they had sold when it was 35.00, they would of made over 20mil. So far the profit has dropped by 2mil at 31.00 sp

Your good at maths Tray. If a share buyback of say a minimum of £5 million. Where would that likely put us?

If the grant goes through imo I think we could have £25 million+. That would mean around 46.00+ gmet sp

I personally think Sean should wait for the grant to go through (if it does) sp will shoot up from the news and then sell. If they can sell at 40.00+ that would be a major profit and a huge news release for us and then the sp will react. Perhaps then a share buyback for the dilution we've had or dividends

The market will only catch up if more people buy. Whoever follows power metal resources interviews knows already the value of the assets. Tray posts them here on a regular basis as well. These asset values change on a day to day basis. I still think people are also looking at the companies audit updates and actual profit the company is producing. We need more interesting news coming through here like gmet has. People aren't buying gmet for their profits (they don't have any)

Gmet 35.00 and pow 16.67 sp. Pow has more asset value than gmet. Just none of it in the bank. You can't blame the market

I wonder if we will get any other news through on molopo or GSAe over the summer. Only around 3 weeks and we will get further info on the ACAM JV. Hopefully no more delays

The issue is not enough buying here. We've had so far £9.900 of buys and £12,670.91 selling and a £661.15 unknown. Clearly something isn't working. Gmet is under Aim and doing well and not because they are making money like pow, but because of the news flow is attracting attention and their sp.

It's no secret of pow's assets. Tray posts here very often (which is a great update) and the interviews are very clear of how well pow is doing with their position in gmet

A confirmed agreement in August with Acam imo will help us and further news on their future findings in the athabasca. Once pow has actual profits, then this will also raise more attention

This is a chat to raise our opinion on the company, not to be rude to people here

Thanks Tray!

We can complain about Aim until the cows come home. It won't make any difference. The market will only catch up when pow makes and shows an actual profit in the bank or they have news that takes buyers interest. The sp could go down at gmet and pow would lose out. (Hopefully it doesn't, but we don't have control of that; look at what happened to us when the assay results for molopo came out last year and pj stepped down. It only takes a bad Rns)

What would pow have to do to move out of Aim upto the Ftse 250 and would that help the market catch up anyway?

To be honest I don't think Aim is the issue here. Gmet aren't having issues with the sp moving and aren't they in Aim as well

The shareholders of gmet wouldn't want that because the sp over there would drop alot and it would be diluted to pay pow off.

Bad for gmet and a huge plus for pow with profit and shareholders buying back from the news of selling there.

If we were to sell at 33.00 we would get £17,819,392. If we wait for the grant, we could get alot more. £20 mil+ would be a good lot of profits and we still have FDR and the other projects under our belts, plus some of the royalties still from gmet

Sean can't blame the market anymore. Gmet is under Aim and doing well. What do they need to do to move focus to pow for the market to catch up. Nobody is taking notice of the assets power hold, otherwise the market would of reacted to gmet going up already. We can post figures in the chat all day long, but the sp is still not budging, infact it's gone down.

Gmet hasn't made any profits? Expecially as much as power if they sold now. Gmet would have to come back to shareholder investors to raise the money. They have already had to raise cash recently, so they aren't making anything

We need as the parent company to show an actual profit as a merchant bank to raise shareholders interest or release some news that will attract attention (Uranium drilling, a power Arabia JV with the parent company etc)

I know this sounds negative, but it's a fact something isn't working. We are the parent company and way behind

These are my own opinions and I'm still holding all in ;-)

I forgot to mention (I'm on a roll today lol) if Labour does build SMRs in the uk. Who has a big partnership with GSAe for the waste

POW

It will be ok. I'm being positive for a Friday. They wouldn't give a date in August if they weren't sure and ACAM would be crazy to pull out of the Athabasca.

This is one reason why I wanted the Uranium as a JV. I definitely see this going big

https://inews.co.uk/news/inside-labour-plan-mini-nuclear-reactors-uk-3174460

Saudi Arabia is another area that will be huge and this as a JV with POW will have a massive impact on the sp imo. You only have to see how much money has already been put into their country. They don't mess around

It's funny that nobody agreed with me making the whole of the Athabasca a JV and as soon as Sean said it, everyone was onboard lol

Justlookatthat he has said it a few times. He blamed the market conditions and says that we need to wait for the market to catch up (meaning more buyers like us) even PJ used to blame the market. Gmet is under Aim and they aren't dropping. Telling people to sell will definitely not make the sp go up either.

The issue with ipos is that it sends shareholders away selling partial/full (we've had a few sell up and goto Gmet) it's a great asset for pow, but it's not actual earnings until its in the bank. If you've been here a few years it's unstable to be a little frustrated. My holding used to be up, but had dropped considerably since molopo and pj.

This is why I keep going on about power Arabia being a JV like the Uranium. I did exactly the same thing before the ACAM JV. I didn't want the Uranium as an ipo

Sean

Can we also make power Arabia a JV as well like the Athabasca? That would definitely boost the sp a huge amount and bring in lots of investors to Pow (especially from Saudi) imo. Sean did mention they had talks about a JV in Saudi Arabia; so that would be amazing for POW if it can happen

If anyone has purchased a house, we all know what lawyers are like for taking their time. It's not like it's a small piece of land either. I'm sure it'll be all fine. They just need to make sure it goes through by the 23rd August. If the Athabasca is anything like Scotland, the winter will be creeping up fast and that'll make it more difficult for drilling I expect