Member Info for TinksTheCat

He has considerable sector experience and his skills also include financial, business and legal analysis as well as experience of public markets. He served as a Director of Goliath Resources Inc. He served as a Director of Bligh Resources Limited from October 20, 2010 to May 02, 2011 and Greatland Gold Plc since March 1, 2006. He served as a Director of Adroit Resources Inc. since July 30, 2004. He served as a Director of a private equity business. His business experience encompasses periods in fund management and advisory work at leading financial institutions, international corporate finance work and private equity. He reads new papers in the technical and regulatory fields; he also interacts with experts at the cutting edge of geology and geophysics. He served as a Mining Analyst, Fund Manager and Investment Banker. He is a Fellow of the Geological Society. He was educated at Eton College. He served as Non-Executive Director at Regency Mines Plc from January 25, 2019 until September 12, 2019. Mr. Bell received B. A. and M. A. degrees in History from Oxford University and an LLB degree from London University.

Although he has made a number of poor decisions in the past that have cost shareholders probably in excess of £20+million; dilute, spend, fail, dilute, spend, fail ad infinitum. Zak M put the cause to a downturn in the Metals Mining Industry, true, continually making errors of costly judgement should enable future outcomes to be error free especially when PJ is running the show.

Basically if /when PJ eventually moves on then I and I am sure others will be out.

Mr. Andrew Ronald McMillan Bell, B. A. (Hons), M. A., LLB (Hons), FGS, has been an Executive Chairman at Power Metal Resources Plc (formerly African Battery Metals Plc) since February 15, 2019. He has been an Executive Chairman of Red Rock Resources Plc since 2005 and serves as its Chief Executive Officer. Mr. Bell serves as the President of BellMin Limited. He began his career as a natural resources analyst at Morgan Grenfell & Co. in the 1970s. He served as the Chairman and Chief Executive Officer of Regency Mines Plc Until January 25, 2019. He serves as an Executive Director of Magyar Gold Plc. He served as an Acting Chief Executive Director of Star Striker Limited (now Intiger Group Ltd) from July 5, 2010 to May 1, 2011 and again from December 18, 2013 to December 10, 2015. He served as the Chief Executive Officer of Resource Star Limited. He served as an Acting Chief Executive Officer of Resource Star Limited since July 2010 until May 1, 2011. He has been involved in the mining industry since the 1970s, mainly in investing and financing. He has extensive experience of international mining projects in both Europe and South-East Asia. His business experience encompasses periods in fund management and advisory work at financial institutions including Grieveson Grant & Co and Phillips & Drew, corporate finance in Hong Kong and private equity. In the 1970s, he served as a Natural Resource Analyst at Morgan Grenfell & Co (now Deutsche Morgan Grenfell), following which he ran an offshore Pacific Basin Fund ranked No. 1 for many years by Lipper Analytical and served as Managing Director of a Hong Kong-based investment bank. Identifying the likely impact of Chinese and Indian growth rates on commodity demand, he then returned to the resource business with an emphasis on the development of deposits capable of serving those markets. He served as the President of Minera Condor SA. He served as the Non-Executive Chairman of Greatland Gold PLC since 2005 until August 14, 2016. He serves as the Non-Executive Chairman of Aquarian Gold Corp. He served as the Non-Executive Chairman and Director of Star Striker Limited (now Intiger Group Ltd) (ASX) from August 6, 2007 to December 10, 2015. He served as the Chairman of Goliath Resources Inc. since October 2006. He has been a Director of Cue Resources Ltd., since January 4, 2011. He served as a Non-Executive Director at Goldstone Resources Ltd. since June 30, 2016 until September 19, 2016. He serves as a Director of Range Mines Ltd and Elenchus Ltd. He has been an Independent Non-Executive Director of Jupiter Mines Limited since June 4, 2008. He serves as a Non-Executive Director of St Istvan Gold Plc and Axiom Resources Ltd. He serves as a Director of Redstone Metals Pty Ltd. He served as a Non-Executive Director of Ormonde Mining Plc until January 11, 2007 and Thor Mining Plc until October 26, 2005. He served as a Director of iMetal Resources Inc. since July 30, 2004.

Report Post and ignore him.

Under Share Discussions for Power Metal you will see filters.

Mr. Paul Johnson has been an Executive Director at Power Metal Resources Plc (formerly African Battery Metals Plc) since March 11, 2019 and its Chief Executive Officer since August 2019. He is a Co-Founder of MiningMaven. Mr. Johnson was Non-Executive Director of MetalNRG Plc until July 31, 2018. Mr. Johnson was the Chief Executive Officer at MetalNRG plc since March 6, 2017. He has more than 20 years experience. He served as the Chief Executive Officer of Metal Tiger Plc from February 08, 2016 to October 17, 2016. His previous roles have included Business Risk Consulting Group Manager for FM Global and Regional Director for Capita McLarens. He served as the Non-Executive Chairman of ECR Minerals Plc from January 31, 2013 to June 1, 2015. He serves as Director of Value Generation Limited, Loncad Limited, Catalyst Information Services Limited, Glenpani Capital Limited, GPC 101 Limited, Tomas Capital Limited, Value at Risk Limited and NTZ Resources Limited. He served as a Non-Executive Director of Thor Mining Plc since September 2, 2016 until July 13, 2018. He served as a Non-Executive Director of Metal Tiger Plc from December 05, 2016 to January 16, 2017 and served as its Executive Director from July 16, 2014 to October 17, 2016. He served as Director of Catalyst Strategies Limited, Commercial Assure Limited, Metal Capital Limited, Open 2 Barter Limited, Strathmore Accountants Limited and The Vitiligo Society. He served as a Director of Rockfire Resources Plc (formerly, Papua Mining Plc) since October 16, 2017 until December 19, 2017. He was the Chief Executive Officer of Pembridge Resources Plc. He was a Non-Executive Director of Coinsilium Ltd. He served as Non-Executive Director at ECR Minerals Plc from May 2012 to May 31, 2015. He served as a Director of China Africa Resources Plc from December 14, 2016 to February 17, 2017. He served as a Director of Metal NRG Plc. He served as a Non-Executive Director of Greatland Gold Plc from April 18, 2016 to August 14, 2016. He was a Non-Executive Director at Armadale Capital Plc since February 2019 until November 30, 2019. Mr. Johnson is a Chartered Accountant (England & Wales, 1996), an Associate of the Chartered Institute of Loss Adjusters (2000) and of the Chartered Insurance Institute (2005) as well as a Member of the Business Continuity Institute (2007). Mr. Johnson holds a B Sc (Hons) in Management Science from UMIST School of Management, Manchester, UK in 1991.

Well experienced and qualified for the job of getting our sp to move forward. More than enough to trust his judgement.

Hi Worzel7

Agree that Silver prices are set to move forward over the short term simply because of the increasing world wide demand for use in Solar Energy and EV batteries.

Taking a view of the silver production numbers - found all over the web, the price will without doubt accelerate.

PJ understands the silver market which is why he tweets about Silver, also why I think we will see further acquisition of nascent silver resources.


I cannot buy a single 1000 oz silver trading bar for delivery, let alone the small quantity I want. Anyone can buy any quantity of paper silver which I will not do because circulating paper silver outweighs actual silver by several 100 to 1. If/when actual delivery is forced the price of silver will rocket because of that shortfall despite the machinations of the big players who basically try to forcibly control prices by refusing to sell to intermediate silver bullion traders if they don’t trade within their restrained parameters.

So again basic research shows it is a nonsense to suggest silver prices have no future uplift.


If holding shares in any company causes concern of them being used for short trading, set a forward sell order at a required price meaning the shares should not be used by the brokers for short trading.

Hi James,
Agree in broad terms,a few differentials.
Risk takes many forms so leaving the given/known risks out - Australia comes up as the best and easiest jurisdiction to work in with all the neccessary skills and Yellows easily obtainable.
So Silver is second because of weather restrictions but the most profitable in terms of value, We know that around 15kg pt of Silver was discovered also in the short time we drilled, a further 5kgs pt was discovered.
Turn the Kg into ounces so you have around 520 plus 170 ounces converted into Gold via $ equivalent, so ballpark = 7 oz gold and 2 oz gold ; so silver is probably the easiest and most valuable even though we would receive only 30%.
The above is probably the reason PJ is going after 100% ownership of silver based assets. Suspect more additions in that vein:) again on the basis of PJ tweets about silver in terms of prices and usage.
Molopo complex ends in a 50.96% interest
So patience for Molopo, as you say not sure, but Nickle Copper and PGM- if just one comes up !

ATB

Operating in the Cameroon in some places without an armed escort is unadviseable especially at night. DRC is probably that much safer .

The Dow fell heavily last night, hence the continued fall in the Footsie, thus the fall off in prices. Add to the equation that there are 4 MMs who set the consensus for the share price of POW.

So suggesting market sentiment does not affect the share price is nonsense.

Look at the POW web site and every one of its operations is continuously and regularly updated plus numerous comments and observations on Twitter by PJ, who is a Chartered Forensic Accountant subject to the integrity of his association and the FCA. So, saying there is a lack of news is also nonsense.

As far as I can see each and every one of the assets he has acquired is in nascent format hence the low acquisition prices and the requirements for surveys over and above their known existing information to enable the drilling requirements to be established.

How PJ managed to get 49.9% in a JV for the Victoria Goldfields strikes me as amazing, demonstrating his ability in making incredible value deals for shareholders with whom he is fully aligned.



FWIW I have been accumulating shares starting at 0.9p, my latest deal at 2.656p has moved my holdings up to 2.4 million, my advisor holds close to 10 million based on the premise that at least 3 of the 10 projects (Canada 2) namely Copper, Gold and Silver will come home to roost. Should that happen there is no predicting just how high the sp will go taking into consideration PJ's statement that his target is to move the value of the sp beyond mid tier value of between 80p and £1.20pps then to top tier i.e. towards £2.00pps.

PJ suggested shareholders should think about being ‘sticky’ instead of 'traders'. On that basis apart from the nascent values turning into JORC resources +2 IPOs also, the indication obviously is that he knows what we don’t.

My year target is 25pps as is my advisors.

ATB

The 13th July 2020 raised £250,000 was accounted for.

I looked only at the accounts

So their have been shares issued for an acquisition and 3 ? warrants issued for approx. £93,104

Plus a placing for £300,000



So that will enable the company to move forward now although I dont think it makes much difference to the timings.


Thank you and Perfectly happy to be corrected.

I was tipped this as a potential investment so I looked at it .

In broad terms a junior exploration company embarking on developing and proving up its assumed resources can only exist on its actual cash availability.

Giving the last financial statement a cursory check over (Interims for the 6 months ended 30th June 2020)

It will be seen CIH was £275,977 less the then CLs of £136,644 having stripped out Goodwill £553,656 and Asset Evaluation of £401,577

Add in ‘All service contracts where possible were suspended’ also Directors remunerations were reduced.

Plus Some liabilities were paid in shares. Also the co., does not say the following has been paid it states to be made.

Viz-· Cash payment of A$25,000 to be made to Bonanza Resources Pty Ltd and Bluebrook Nominees Pty Ltd to secure the option to acquire these tenements.



Also From the recent 31 DEC. RNS :-Panther Metals Plc would like to thank Peterhouse Corporate Services for its guidance and support over the years but have decided not to renew its services in 2021. It should be noted this is purely a commercial decision as Panther Metals Plc maintains its core principle of looking to direct funds into its projects on the ground as it develops the business.



So since June 30th with just £ 139,333 in its coffers now about exhausted the company has had to shut down its ops to ‘Desk top’



From the company:



Work programmes and planning are well advanced as we expect to hit the ground running at Merolia in early 2021.

In 2020 the business laid the foundations for success across its portfolio while dealing with the challenges faced at an operational and corporate level. With so many of these challenges overcome, we move into 2021 with a clear runway never accorded to the business during its development phase. Strategies are in place, planning is well advanced, and while delighted with the progress made in 2020, the journey ahead will no doubt offer challenges, but with our team and our projects it's going to be exciting!

Note -Strategies are in place etc. Those strategies will include a dilutive fund raising exercise due any time soon if the above brief analysis is anywhere near accurate, then it could arrive after an enhanced RNS to be expected in the next few weeks.

The SII is given as 58 million, such a low number can create liquidity problems when dealing in a tight market so any dilution will ease the situation somewhat.

An issue price depends on numerous factors so difficult to determine. Based on the available data it will not be as high as PIs might think as the inevitable 30%+ Money Sharks will know finances are required so unloved term warrants will probably be involved.

It will be a month or two before operations start, then a further couple of months before operational results start to materialise.

At the end of the day the assets have a ring of truth about their potential .

Despite the tip I will wait to see how t

PJ has mentioned his ambition is to take POW to a mid tier miner valuation that is around 80p to 120pps.

The Ditau Project comprises two prospecting licences ("PLs") (PL169/2012 & PL010/2019) that cover an area of 1,386km2. Geophysical and geochemical analyses by Kavango in the two PLs have identified 10 magnetic geophysics "ring structures" (including at least one possible kimberlite structure).

The "ring structures" are potential carbonatites.



N.B. ‘Kimberlites-possibility of more than one,’

I think PJ will be lining up any Kimberlites for assessment asap.

So ‘Diamond’ potential for the share price.

The 30 day price forecast for POW is 3.895p Based on the last 30 days price and trading interest growth going forward.

From today's RNS ; This came out of the blue; A one dosage nasal spray.

CF. Said "It is very encouraging to note PrEP Biopharm's progress towards the ultimate goal of validating the effectiveness of their one dosage nasal spray for key respiratory viruses like COVID-19, flu and the common cold. This safety data allows them to move into Phase 2b field studies and we are very excited that PrEP-001 could play a meaningful role in the current COVID-19 pandemic and future potential pandemics caused by new respiratory viruses."

The sp., would lift off if this was announced as a success.

A.S.1. I spoke with P.J. on 20th October concerning funding; he reiterated there would be no fundraising at any time as they had circa £1.6m plus in the kitty. Can you kindly evidence your statement "further fundraise was planned in Nov 20".
Once you have done so I will contact him to clarify your evidence.
Thanks.

P.J. delivered an excellent interesting resume which was not in his usual format and well worth listening to twice.
P.O.W. have 2million cash/assets in the bank, and basically are working 24/7 throughout the holidays. He mentioned Victoria as a slam-dunk, Botswana could be huge on delivery and said his target was to drive P.O.W. towards a mid tier complex i.e. about £1 per share.

I do have Great Expectations, as for Bleak house no, nor Cold Comfort Farm which appears to be the aim of some observations.
I have these as certainties nailed on - Copper, some 4 miles of it described as district size, Canadian Silver ( up to 15kg p.t ), then Australian Gold resources, also a couple of near term IPOs , added to the potential of Nickel Sulphides and PGMs .
On the above basis I expect the sp to move towards 5p/7p should any one of the above produce a result. My original target was 3p/5pps.

Paul has previously announced quite clearly he may not issue the results of the drill until the cores have been analysed, and only those with zero business management experience expect everything to be on schedule. Meanwhile, there are a large number of RNS's due over the coming weeks.
Hence: Great Expectations.

Boots have 2,336 outlets in the U. K. Apparently they are talking to a major supplier of C19 self administered test kits giving results in a few minutes. If it is AVACTA then we could have an RNS on the matter well before Christmas.

I have a message for you ! !

Check out POW and it's website, also the 11.28am stockbox post on POW. Then look at Open Orphan and Avacta. Also again consider BRD longer term.

A.T.B.

Taken from CARCLO results out today, comes the following paragraph:



‘Two significant tooling agreements were secured with a new medical customer for COVID-19 test components with supply of manufactured product due to commence in 2021.’



Note the language used ‘Two significant tooling -with a ‘new’ i.e. one company .

First their are the two agreements, so two kits?



Second ‘Avacta , is the only ‘major customer ‘who has engaged mfgs capable of producing plastic components by the multi millions primarily for UK, European and world wide distribution .



Carclo are capable of producing sufficient numbers for similar products should other major orders be received and as far as can be ascertained there are no other such orders, other than for their normal contracts.



So the delivery date for 2021 is now in the public domain not 2020 as has been indicated many times.



Perhaps Avacta should now announce its expected delivery date on the premise that it has to be in talks with various GOV. buyers for its products those talks are of significant interest to shareholders or conversely announce that its products are being readied for sale and distribution but will not be on the mkt before late Jan/Feb 2021?