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I think with the share consolidation to help us get onto the USA OTC market, we will see more investors and as Sean mentioned with the GSA environmental we should see more news flooding through. I'm looking forward to hearing news from the Oman and Saudi trip and see what comes from that. We still have to hear about the lithium results from North winds, Canada as well

Good interview today and Sean explains the consolidation in a positive approach for the OTC listing. Looking forward to hearing more as well from the Oman and Saudi trip and hopefully more investors coming onboard

GMET only has 85 million shares in issue and they seem happy with the way the sp has been going. It's the same situation for them, if there is a sell it drops alot. As long as we have regular news coming through as Sean mentioned in the last stockbox, then hopefully there won't be too much selling and we will be going up

That's the game unfortunately. The sp can go up or down for any company on the market.

I think with the amount of complaining I've done on here with shares in issue. Maybe Sean has been reading this chat lol

I was confused by the rns first of all and then finally worked it out. As some mentioned the value (market cap) doesn't change unless sp goes up/down. So when it's consolidated the market cap will reflect the new sp. Which I've mentioned should be around 16p for a 17mil market cap. As it stands. i think the confusion in the rns has caused some people to sell. It should really give a bit more detail

After consolidation we will have 110,500,000 shares in issue. Going by the market cap. 17mil. That would be a sp after consolidation around 16p imo

Doc. If they valued the company previously at 3.3p at current shares in issue. That would make it now 66p. So by today's sp then it should be around 17p after consolidation to be in the same situation with no loss. From my example of 10mil shares at todays sp is £85k; 500k shares x 17p would be £85k

Same here Wiltshireman. No consolidation I've been part of either was any good. It's good for new shareholders, but not for existing. Let's see what the opening sp will be after consolidation

I can't see Rick rule being too happy if this is the open sp after consolidation. They should be more clear in this

Maybe the value of the company hasn't changed but how does it affect the existing shareholders. Your answer isn't clear? 20 shares existing is equal to 1 share in consolidation. So If someone has 10mil shares that would reduce to 500k of shares 10mil÷20

If the current sp 0.85. 0.0085×10mil is £85k. If the new sp is 2p. 0.02x500k of shares = £10k

I take it by the drop in the sp today, this is not good news for existing shareholders? Someone correct me if I'm wrong as my maths isn't the best. So if someone has 10mil shares they then would have 500k shares after consolidation and what is the sp of the new shares 2p? Is that 0.02? This is an example. So currently 10mil shares at 0.85 is 85k. With the new consolidation that's 10k? A drop in earnings of 75k? Excuse my maths

Sounds all well on paper and bringing in more revenue into the business, but didn't really mention how this will impact the share price and bring actual revenue to shareholders. The news didn't excite the market, but let's see what happens from this in the near future and hopefully we see share price rises like GMET

That's happened to me once before as well. It's strange. It may show up later at market close

Definitely undervalued. The biggest issue as I've mentioned is it's too diluted. The number of daily investors to the shares in issue. We are currently struggling to reach 1.00 at the moment. Pow as Tray has mentioned is making the money from the ipos and will make even more and more money from the new ipos coming up this year. Will this attract more investors though or do we need more of the projects for discovery's to stay under pow only; as molopo, tati etc. As we have said here GMET is doing well, but their shares aren't as diluted as pow (at the moment) if pow is going to develop more ipos and make money this way; they will either have to bring in more investors into pow or eventually arrange a share buyback (further down the line of course)

Pow has lots of positives and should be attracting more interest. Hopefully good news comes out from molopo and North wind and this will bring in more investors

Hey IC8888,

Sure, just take a look at pow share trades in the top right hand side and your see Friday's trades. 31 in total and only as little as 28 on Thursday. We really need more marketing to bring in more investors. Hopefully we get some good news from the assay results at North wind, Canada and molopo in the coming months.

https://www.proactiveinvestors.co.uk/companies/news/1023150/power-metal-resources-launches-lithium-exploration-in-ontario-1023150.html

It's funny how sofa experts know how these businesses work. Until they discover x-ray vision and they can see where the minerals are, then it's easily missed when drilling in the ground. Its not like digging up dirt in the back garden. It's like a professional darts player wearing a blindfold and told to hit a bullseye every time. Though trying to hit bullseye without a blindfold is hard enough for the likes of me lol

If pow is a waste of time, then why does the likes of Rick Rule, a multi millionaire invest in pow?

The biggest frustration for me here though is the amount of investors. Just on Friday we had only 31. Sean is doing his best with marketing. I do think imo when we are listed on the US market we will see more buyers coming through. Especially with the US market more interested in mining for gold, lithium, Uranium

Where is rolls royce getting their Uranium from for their SMR's? Now that would be a great business opportunity for pow if its possible

You would expect a company like pow to have more backing from the government, especially with the climate change target of 2030 coming up. They need low emission vehicles which are run on lithium and nickel batteries. Also all this talk of small nuclear power plants will require Uranium. The whole world is going to be looking for important minerals in the next coming years and most of them will be avoiding Russia and China. The USA will be more likely be focused on providing for themselves as per usual; so where is the uk and Europe going to be looking to.

Sean already said pow has the largest area of the Athabasca for Uranium in the uk market.

So surprising how little investors we have here at the moment. 24 buys/sells very low for such a positive company

The amount of positive news we have compared to other companies on Aim. You'd expect us to be over 1.00 by now. The only negative was pj stepping back and the molopo farms drilling in the wrong place (which hopefully they have figured out the correct spot. Maybe they should ask a woman lol) All in all we should be at least around 1.50+ by now. New ipos with FDR soon and UEE. More news from Saudi Arabia and the athabasca. All positive imo

Weather in the Athabasca is showing to be getting better; especially in March/April, with it going into positive warmer numbers. Hopefully they can get to work ASAP

We definitely need something to raise this sp. It's going at a snail pace at the moment