Member Info for Stout

PJ did, I would have expected! lol

Me neither!

Someone's after the shares IMO

even treble! IMO

In auction again - same as yesterday!

Has all of A Bell options / shares gone now?

It will be interesting to see the closing price today! Sit very tight!

RNS due tomorrow from POW and KAV - IMO

You even think about BUYING at this price IMO

55660 @ 4.595

I would say ‘SELL’ imo

What about JV talks?

Sorry - 'option' ends next friday!

Exercise ends next Friday! Sit tight! IMO

Now Ben!

When will the drilling results appear? Any idea??

No worries - for me PJ wants as many drills going for as little cost to POW as possible.

A commercially viable discovery can add 100s of millions to the value of a company but it takes a lot of cash to get to that point. If a discovery was in an IPO, POW would make a lot of money most likely even with a 10% stake in the IPO (which could end up being the case if some of these IPOs have to raise further finance). The IPO is pretty much cost free and risk free for POW … it can just sit and wait.

The whole model is unique compared to most juniors out there so the market isn’t understanding the potential here.

The end game is still the same however - hit a discovery and the shareholders make money, hit nothing and you make nothing.

Part three from Tom

The model is basically de-risk the asset by reducing our spending costs on the asset whilst still keeping a significant stake in the asset.

If we hit big at the bullseye targets at FDR then that could easily become £100mil MC overnight - it’s not cost us a penny in POW (apart from maybe some initial legal costs setting the IPO up) and suddenly we have access to £40-£50mil cash.

Most will fail, it’s the nature of the game - but if we hit one it’s a company changer!

Take Haneti - we only have a 35% stake there but that’s our project and we fund 35% of the costs. It’s still expensive to POW. The IPO route allows us to hold a similar stake and it’s costs POW nothing!

More from Tom

No funds into POW directly - all the raised funds sit in the IPO bank accounts which will be predominantly used to fund drilling campaigns. There will be no hanging around and the drills should turn as soon as the funds are raised (well within a matter of a few months).

PJ confirmed POW should hold 40-50% stake in the IPO so if the IPO is initially floated at £5mil then it’s £2mil-£2.5mil on POW’s balance sheet. If the IPO is a success and gains a market cap of say £100mil then it’s £40mil-£50mil on the balance sheet. Remember we will have a lot of these IPOs going live over the next 12-24 months.

Also to note, once the IPOs go live there are ZERO ongoing costs for POW - the IPOs fund themselves.

POW can then draw down that investment by selling some shares and bring the cash back into POW for drilling on POW owned assets, M&As, dividends, share buy backs etc.

A balance sheet with £10s of millions looks very appealing to the city and therefore can attract new big investment and also opens our avenues to favourable additional finance if we need it down the line. We also would have the capital to keep going for years to come after to just one success.

Posted by Tom on other blackbroad

Has the seller finished????????????
2-2 Brokers showing know.
Even sides!