Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
All income from the percentage of the IPOs that POW retains will substantially increase its coffers.In the period during which the IPOs are launched PJ will be adding further projects. So those touting diminishing returns should better understand the business model for increasing returns.
There is without doubt no shortage of cash and holdings to continue and expand the funding of future additional projects.
The FCA have newish rules about the number of directorships a BOD member can hold and it is 5 max so in order to maintain control of its assets there will have to be carefully worded agreements as to how the new ventures are managed.
Have a close look at the 'European'asset -its interesting and is 100% owned so is PJ modelling a smaller version of POW.
A lot of news to look forward to on all fronts.
Expect the unexpected.
ATB
As for the troll use the ' report post' -to acknowledge its existance is feeding it oxygen to survive so best ignored.
To be noted POW, according to the web site now has 12 licence based assets under various stages of development with at least 2 more under consideration (including the European one now in the pipeline).
POW is being offered numerous projects and opportunities for growth almost on a a daily basis.
With regard to the spinning out of IPOs from POWs portfolio, POW will not suffer sp degradation as it intends spinning out all its assets with IPOs being a primary aim as the company continues its main stratagy of adding value by increasing its portfolio of licences.
It is entirely possible that the value accretion to POW will be well in excess of £25 million in cash/negotiable assets after the first 4 IPOs have been launched.
The researched information I have suggests once the initial IPOs have been spun out to expect a serious increase in the workload POW undertakes.
As for POWs staff capacity they currently employ circa 60 plus.
I do not expect any dividends from the first couple of IPOs.
Dividends will be in one of three formats -
Cash,
Shares in specie ( i,e one free for every 10 held)
Share buy back to reduce the SII.
Once PJs stratagy has been proven there is likely to be a take out bid for the company from one or more of the majors who are watching POWs progress. Right now there is little to stop that eventuality thus it is in the background.
PJs previous track record is to be remembered as is his money concentric policy.
For those who have registered via the website to take part in the potential of POWs IPOs it is probable their will be warrants attached which is a decent bonus.
Please check the website.
ATB
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.
Add in PJ's insistence on financial sustainability which is substantiated from available information, showing the companie's operational basics are always account concentric.
Reference the ‘Issue monkey’ comment and his insistence that POW will NOT issue shares at a discount to the market sp at any time, demonstrated by the recent issue of shares at 2.5pps when the sp was running at 1.8/2.0 pps for an asset acquisition
There are now 12 separate ongoing projects (see website) any one of which can produce a mega result.
Don't forget he has invested some £400k + of his own resources on OM purchases.
Difficult if not impossible to find another AIM listed company demonstrating those 5 points which are all within the best interests of us PIs nor can I find another listed AIM junior resource company with 12 ongoing asset accretion projects with 6 targeting near term IPOs
As the projects go towards IPO/JV/Sold PJ will be adding more basic licences to replace those disposed.
His ambitions have not stopped at -just-12 projects.
POW is one of the best, if not the best AIM mineral shares showing the highest probability of doubling/tripling the sp in the short term -although PJ short term target is much higher-his ambition is to get POWs asset base showing in the sp to mid tier mining range of 60/120pps. The basics are in place to enable such a valuation-primarily because the main targets are GOLD and NICKEL as they have the best potential both in terms of supply and demand going forward.
There is a good probability that PJ will be the first CEO to preside over an ongoing return of 100% to PIs in terms of dividends within the next 2 years or less.
ATB
With regard to that extremly poor podcast;-Power Metal- is not a mining company but an exploration company.
It was formed in 2011 and not 2002
Its share price is 2pps and not YET £2 pps
Does not have a project in the Dominican Republic.
It has released interim results since the previous finals which would have been far more a reliable version of the uptodate position.
Any decent accountant would say you cannot effectively analyse any set of accounts without having some understanding of this business and its history.
Have a good weekend all.
If you don't like a poster who is consistently trying to disturb other contributors by posting, then use the "Report Post" icon.
Naming names is questionably disrespectful.
Also ignore posters who crave attention.
The Australian IPO is possibly about due considering the process commenced around three months ago.
There are at least 3 ways Pow can issue dividends.
1) BOD decides to issue a special cash dividend from a significant disposal(s).
2) Enhanced by a share consolidation.
3) followed by a share buy back. Thus enabling the full 100 million buy back capacity to be utilised after the consolidation.
I am sure that those invested realise how the above works and the time it would take to come to fruition which could be up to 6 months after a significant disposal is made.
Not withstanding the above the number of IPOs before the year end will be between 3 to 5, when they come along we will receive shares in specie from at least one if not all the IPOs, there could be a lock in on disposal time of say 6 months before disposal allowed.
Give a second's thought to the future and it will be realised that next year will follow the pattern of established basic asset aqusition, enhancing value leading to futher IPOs.
ATB
I think in order for PJ to get the interest of investors he will be offering maximum values for the proposed spin-outs:-
MOLOPO is drilling.
SILVER PEAK has initial weather curtailed drill results, will be continuing any day now.
KISINKA is awaiting final assay results.
HANETI is drilling now.
So the above will be presenting value for immediate IPO, hence his various assurances/expectations for at least 4 IPOs prior to Christmas.
The rest of our interests are all targeting drill ready status.
Am still buying POW shares.
FWIW
Also been advised to invest in ANGLE for long term high returns, and HE1 – which is short term very high risk.
ATB
I am not sure if investors realise what will be coming in terms of IPOs. We have five coming so far this year.
PJ's podcasts etc. frequently mention that he is being bombarded with potential asset investments. If these coments are taken alongside the disposal of existing assets into the coming IPOs, it can be taken as an indication of the future, in that next year he will probably have acquired a further number of assets. If this year is anything to go by, we might expect at least another five IPOs.
What price the s.p. then?
I dont hold with FOMO and those who stand firm, I invest for one thing only and it's profit.
It's enjoyable to pocket profits instead of watching them fade away on paper.
So sold out a decent number of shares and banked a substantial 40% profit roughly £20k.
The thinking behind selling is simple ; The steep rise in the sp over the previous few weeks followed by the steady fall off from 25p over the last 4/5 trading days is indicative of further falls, not by much, probably towards 17p unless the MMs have a sudden shake out !
This sp thrives on news so a lift today? Then I’ll expect the sp to drift into the doldrums until a few days before spud announcement; If it does not fall back l’ll still reinvest. The fly in my thinking is the tremendous churning turnover which works the sp both ways.
Also FWIW, check out the POW website - it has 4 IPOs coming up in the next few months.
If they are successful then the sp lift may surprise all.
ATB
The declaration date is the date a company's board decides to pay a dividend. The record date is the date by which investors must be registered with the company in order to become eligible for the upcoming dividend payment. Registration is usually automatic when a stock is purchased. The ex-dividend date is the date by which an investor must have held the shares to receive the dividend. It is usually two days before the record date. The payable date is the date on which the dividend is mailed out or deposited to clients' accounts.
So you have to be in the stock at least 2 days before the announcement of the record date hence I’m holding for the 3 Divis.,
I may be wrong but one further point is the assets being disposed are in the books, or were, at zero value. (I have not checked through the latest accounts.) ;That being the case why should the stock fall? After all OO is increasing its value merely by keeping the stock it does not issue in those companies it is floating for ISDs
ATB.
PJ’s successful track record speaks for itself. His continuous proactive information flow keeps investors up to date with zero obfuscation. His market expectations and on going personal investment (5.7%?) hopes are in line with investors, so sink or swim. His information deliveries are checked by the Nomads, FCA and Accountancy membership.
I believe AB is able to execute and efficiently put the working strategies in place as in the Australian JV. He is also fluent in French, essential for the Kisinka Copper Cobalt project.
COPPER
The DRC Kisinka (J/V 70%) Copper Cobalt project area contains a 6.8 km copper anomaly as discovered in termite mounds, now extended by further exploration.
The Botswana Molopo J/V ( 59.6%) Copper and REEs
Both are considered to contain major copper resources. The term district size is often used. If district sized finds are proven POW will be negotiating with majors as they seek to replace their dwindling resources.
GOLD Australia
IPO progressing. The most important aspect of that will be the eventual 43-101. If it contains resource report in the millions ozs, or if there is high production margin for lesser finds, then the same can be expected; buyers will be piling in.
SILVER Canada
POW has 30% of a tremendous resource - 169.5 troy ounces per ton + a further 500 t o p t ? again 43-101 will be very interesting.
NICKEL
The BOD are excited about the progress and the results so far, awaiting further results. Personally in neutral about what will be found.
Now at least three further IPOs this year.
Check out the website for the latest information.
If just two or three major discoveries are announced at around the same time then the share price will be somewhat higher than it is now. Bear in mind PJ's original target was to equate POW's value with mid tier miners i.e. 60p/120p. I think a recent comment indicated target change to 120p /240p.
Success with the IPOs will mean shares in specie - at first I thought they would arrive from later IPOs but according to AB's interesting comments elsewhere he expects shares in specie as a divi this year.
POW does not have the expertise or the resources to become a miner.
So expectations for the sp as news builds may handsomely surprise all invested .
ATB
The great thing about OO is that its value continues to increase as its cash flow and contract wins grow at a great rate going forward as CF has already thrown open the potential of a year end stand alone OO dividend.
On that basis the spin offs and ‘SIS’(shares in specie) dividends should not reduce the sp by their value in real terms. So the OO sp will continue its general forward progress, over time, along the lines CF has suggested.
Remember 3, 4, or 5 dividends this year.
The SIS dividends are each stand alone and may well have the potential in themselves to increase in value.
FWIW I and my advisor hold, amongst others, serious numbers of shares in POW, which has an incredible 7 of 9 projects on the go with 3 IPOs due to be launched in several months time with the potential of a fourth IPO on the cards this year.
ATB.
I think you'll find there is a 30 day rule concerning Capital Gains tax positions. The old B&B cannot be used.
Taking a 6 month view of their projected operation schedule,the gem quality and the rise in Diamond prices,thought it was about the right time to buy.
I noted that my share purchase was shown as a sell, Bought at 42.5 when the spread was 41/45 ,using that as a template it would appear all the deals showing as sells which are over 41 may well be all buys.
One thing that bothers me is the amount of loans they make to their major 28% stock holder,for the purchase of company shares,almost a million pounds in delayed payments for which no interest is been payable to the company if it had been then the recent raise could have been for less shares?
The resource sector boom and bust reputation is well known as the basis for legendary speculators making fortunes.
Natural resources are facing seriously increased demand due to not only the inverse change in energy generation fuel requirements but the ever increasing speed of technical knowledge and knowhow.
For instance patents are being applied for on a world wide basis concerning new lightweight electric motors being designed to spin by an intergrated circuit or monolithic intergrated circuit (chip); if successful, think what that will do in changing the weights of large more powerful electric motors- i e think flight.
PJ and AB set up POW in 2019 having recognised the growing demand for base and precious metals; right now both have done a brilliant job using their combined knowledge in how to recognise, obtain and develop world wide safe haven nascent (fledgling) asset situations for effectively zero cost, in relation to eventual JORC confirmed valuation etc.
That success is now shown in the number of projects (11 eggs in the POW basket) all 11 projects are in various stages of development, so in 6 months time the share price will be unrecognisable based on the announcement of success for several or more projects - Copper, Silver ,Gold and Nickel (I have my doubts about Nickel being as successful as expected).
There is a world shortage of Nickel. Copper no matter what the price is needed for the world's increasing electrification. Gold is the world's fiscal insurance. Silver has a rapidly increasing demand which is beginning to make its price look too cheap.
The POW share price does not yet reflect the existing potential or recognise the speed of developing situations, specifically the TSX IPO. It is to be noted that PJ has inaugurated the ability to pay dividends, my thinking why so soon?
Does it mean on the success of the GOLD IPO we will be given shares in specie as a dividend ?
The discount in the s.p. from it's highs around 3.4p represents, again, in my view a serious bargain sale price from which it will undoubtedly recover.
We have been adopted by a couple of village idiots who continually demonstrate a laughable impatient ignorance of how business works, especially POW,
Me, I am fully cognisant of the risk but am a novice speculator who has read all the RNSs, researched the track records of the BOD, studied the recent and ongoing acquisitions, listened to most of the available pod cast etc., so now own a few million plus shares in my ISA
PJ, a forensic accountant, made an off the cuff comment to have this share equal mid tier miner price of 80p/£1.20p, my target is far less.
ATB
A good RNS outlining the timetable and route to enable a dividend policy to be in place.
The RNS states: The Capital Reduction is a standard and largely administrative process.
For me the most important part of the RNS is-‘To be clear any such distributions would only be made by reference to shareholders on the register at a specified record time and date.’
The above time and date statement ties up with PJ's recent suggestions on not trading the stock for 10%/50%/100% margins.
So we can expect a share price enhancing statement soon.
Mkx007. Your 12.38 post of today shows little understanding of what shareholders are expecting. You will find research useful.
ATB.
. The company could be split from its core business resulting in 3 in-species dividends; is 1 for 1 Cathal explained.
· PrepBiopharm, Influenza Immune Modulator & disease in motion (DIM)
· He explained the first of these (Imutex) could be as early as 4-6 weeks. He explained Covid-19 had hindered progress
but stressed this is very close now.
· Two further spin-outs, again, one Open Orphan share, one newco share
· Chinese very keen on challenge studies
· Potential huge Covid CHIM licensing deals/studies with the Chinese State
· Emphasis profitable no more losses
· The expectation is to reach a market value of £1bn as being realistically achievable.
· FY results after easter - they will not disappoint.
· Looking for investors stake build
· Six challenge models
· Company is the world leader in testing vaccines via Controlled Human Infection Models (CHIMs)
· New ''Disease in Motion'' (DIM) platform with potential current market cap valuation of £200m
· DIM could be spun-out
· New Whitechapel Quarantine Clinic opened February 2021 with an expanded 19-bed capacity.
The above is a decent synopsis from SMALL COMPANY CHAMPION.
Add in the potential of an OROH maiden dividend towards the end of the year
Also why my advisor has said the share price has to move forward towards the 40p+ mark both of us will be adding to already substantial holdings.
The stock is not worth trading for the usual profit percentages.
ATB
Forward thinking on the Warrants indicates ;-Should a string of successes be announced then the SII won’t be a constraint on the freedom of sp movement, taking into account IIs hold around 50%?; so around a 500/600 million shares in free float? Shares in issue.
Forward thinking on the Warrants indicates ;-Should a string of successes be announced then the SII won’t be a constraint on the freedom of sp movement taking into account IIs hold around 50% ? so around a 500/600 million shares in free float?
PJ has delivered a number of things including JVs, various ownership agreements, asset acquisitions etc., therefore to state otherwise is without doubt libel.
Such a display of ignorance saying basically nothing has been delivered deserves the poster to be ignored and reported. It is my belief that he has been suspended at some time or another so he will eventually be removed.
Anyone believing that the sp is on a one way ticket could be disappointed. The common sense which idiots lack indicates there will be project failure(s); any failures will be offset against successes especially Gold, Copper and Silver; even the termites went to the expense of using copper in building their air conditioned castles.
My view on the Nickel prospects has changed from scepticism to possible engendered by PJ's hints.
The advice I have received is not to sell a share but buy in on the sale opportunities offered by a lower share price.