Member Info for Tray556

- UEE IPO still very much the plan for Q1 2024 listing on AIM.

- Molopo Drilling to commence in a matter of days.

- CEO to attend Molopo for an onsite visit next week.

- Tati assays to be released next week.

- Actively pursuing Saudi interests with recent funds raised.

- Continuing to aggressively market the FDR IPO.

TR1 filed by Purebond was before the financing, so its highly likely they took all their shares on the open market to me at sub 1p during 2023. There have been a few days where many 500k, 1m, 2m, 3m chunks were getting bought between 0.6-0.8p at the back end of 2023. I suspect this was Purebond along with maybe a few others.

My guess is that they also took a chunk in the £1.3mil premium placing yesterday at 1p and if so, they will most likely have to file a 4%+ TR1 in the coming days (currently notified the market at 3.6%) if they took anything more than about £125k in the financing.

Wow a right bunch of characters come out of the woodwork on this board when the market eyes are on POW. I can't even read this board on a good day.

Good raise today from Sean all things considered at a price not really seen for 12 months. Comparing this to the shocking raises on AIM throughout 2023, its pretty impressive.

Seems like the air miles Sean has racked up this year have paid from themselves as no brokers involved in today's financing who would usually take at least 5% of a raise so that's £65,000 saved as a minimum in my eyes!

There are currently just 20.6mil x 0.85p warrants in the money at the moment which are all held by the broker who brokered the last placing in POW back in May 2023. I think we may have seen the churn of some of these warrants today but could be wrong (RNS over the next week would confirm). Once they are churned and bring in circa £175,000 into the POW bank account there are no more material warrants until the 2p zone (just 1.5p director options).

Plenty have POW on their radar now and rightly so. Noticed the bigger AIM commentators on the socials i.e. Myles McNulty etc. are now talking about the stock this morning. IPOs to go live shortly (UEE must be Q1 2024), drilling at Molopo in Feb 2024 and much more so plenty of news flow.

Over 1p now and 1p would seem the logical new base but the market for the last two years has been anything but logical. There will be clearly a few selling today who bought at 2p+ last year, have been sat on a huge loss for months sub 1p and are now just selling up simply because they feel better about being in a slightly better looking loss position!

I think POW has a great chance here of moving into the 2p zone throughout the course of 2024. Then the big warrant zone gets triggered, millions of £'s flow into the business. Add this to the millions of £'s on the balance sheet already from POW's GMET investment (circa £7.5mil today) and you've got quite an impressive looking business for just a £23mil price tag.

Expect the SP to be much higher than the low 1ps over the coming months if the markets give POW a fair wind.

£1.3mil raised at a slight premium (1p a share) with no warrants

Financing was cornerstoned by UK-based high net worth investors and a strategic Saudi Arabian investor. Therefore looks like those 130mil shares will be tightly held.

One of the far better financing rounds I’ve seen on AIM in the past 2 years! Not a surprise giving how much attention POW pay to their balance sheet and setting up a solid business proposition.

A little background on Purebond for anyone interested. They are 100% owned by Solai Holdings Ltd. Solai Holdings Ltd filed their 31/12/2022 accounts a few weeks ago. £170mil pre-tax profit, £209mil in the bank. They experienced some huge growth from 2021 to 2022 as well almost doubling their turnover and almost tripled their pre-tax profits. Deep pockets for sure and another name along with Rick Rule who give POW access to favourable finance avenues moving forward.

Just one factor which most likely shifted the SP today knowing that POW have 3.6% of their stock locked away in Purebond's hands.

So Purebond are heavily invested in KAV (about £6mil deep I think) and KAV are heavily invested in Botswana. Purebond file their TR1 holding before the next Molopo (which is based in Botswana) RNS update which is arguably a little later than many expected and drilling was expected to commence "in January" at some point. Have POW effectively let Purebond in pre-Molopo drilling? Will there be a bit more meat on the next Molopo drilling update RNS hence the delay i.e. Purebond are going to chunk a few quid in on reasonable terms to enhance the drilling programme? Who knows .... just seems a coincidence that Purebond have filed a TR1 at almost the same time as we are expecting a material Molopo drilling update.

Purebond must have accumulated their holding of circa 75mil POW shares with an average of 0.7-0.8p (if they took part in the May 23 financing they will have warrants too) .... Could they be willing to up their stake on favourable terms in a financing round that would allow POW to throw much more at Molopo in terms of drilling? I think Purebond did a premium raise with KAV and financed them heavily. Maybe they do the same with Molopo. All guesswork of course and I'm usually well off the mark!

Purebond maybe looking to take POW shares to finance the POW Botswana assets. Now I wouldn't be happy if it was all done at 0.9p really but maybe if Purebond have already spent the best part of 6-12 months accumulating POW shares at 0.7-0.8p ... they may be happy to finance POW at a premium? I think they did that with KAV. The guys at Purebond are not short of money that is for sure

All this would certainly make sense as to why Sean has been so quiet since Xmas whilst we have all been banging our heads on the wall regarding delayed Molopo & Tati updates. Maybe the next steps there are going to be financed by Purebond, that is my gut instinct but we will find out soon enough and I'm now a bit more excited about the potential of the next updates as a tiny Molopo drill programme and a couple of bags of soil coming back from Tati wasn't really going to move the sticks much. If the next steps are going to be propped up with solid financed plans for 2024, then I feel many eyes could return to POW especially with UEE looking to go live in the next month or two.

POW's listed investments now at about £9.25mil (GMET & FCM) which is over 50% of their current market cap. Add in their FDR & UEE pre-IPO holdings which is circa £4mil and 75%+ of POW's current market cap is covered by investments alone ... what a bargain POW is at this price!

15 U licences, Molopo, Tati, Haneti, Silver Peaks, New Ballarat Gold IPO, New Horizon Metals IPO, ION Battery Resources, Saudi MoU, Cash in the bank etc. All valued a just a couple of million quid.

Will be adding more POW again shortly!

The OTCQB listing is live, however, the last GMET buy was 30/11/2023. So almost no liquidity .... yet.

I'm sure if US funding for Pilot Mountain news landed, it would suddenly be on a few more US investor radars.

Nice to see quiet a lot of chatter on the socials regarding POW today. Probably the liveliest I've seen it for some time. Maybe it's finally clicking that POW with a valuation (even after today's 18%+ rise) of circa £16.5mil is hugely undervalued considering they have exposure to the following:

- Circa £6.25mil in live listed investments in GMET & FCM.

- A Signed MoU with the Saudi Government last Friday.

- £4.05mil in near-term future listed investments (pre-IPO valuations) in FDR & UEE.

- 15 Uranium Licences in prime Athabasca which is one of the biggest Uranium landgrabs on the UK junior exploration market (17 U licences in total, 2 held in UEE).

- Rick Rule the largest shareholder with circa 4.5% of the stock

- Molopo drilling to commence again shortly after hitting sniffs of Nickel over the past couple of years.

- Tati exploration update to come after hitting sniffs of near surface Gold over the past couple of years.

- Future IPO stakes to come in New Ballarat Gold Corp, New Horizon Metals & ION Battery Resources.

- Minority stakes in Haneti (35%) & Silver Peaks (30%)

All adds up to a massively undervalued company in my eyes and have thrown the kitchen sink at this over the past year around the 0.7p mark.

The market will wake up soon enough. With Uranium prices around the $105/lb mark and clearly the commodity is in a strong bull market now, the POW's uranium licences along are worth POW's entire present market cap in my view.

The re-rate will come soon enough here.

POW's GMET investment currently worth about £5.4mil (at the 10.75p mid-price) .... certainly seems a worthwhile move.

POW discussed at the end of the video. From 50:14 onwards:

https://www.youtube.com/watch?v=hwxocmNJACk

I think it was recorded last week sometime.

For those looking at the OTC listing for a guide on the SP movement, you cannot trade on the OTC market for anything less than 1 cent (circa 0.8p) as far as I am aware. Therefore, the US MMs won't let you sell now as the Bid is effectively below 1 cent (more like 0.3 of a cent) and not a soul is going to be buying a HE1 share for 1 cent or more ever again in my opinion after today's horrific placing.

The US market OTC listing is now broken but that is the least of this business's worries!

Absolutely TheSoundMan! Not only did the CEO bizarrely show the market HE1’s hand a few weeks ago, she showed the market their whole entire deck!

Incompetence and naivety of the highest order! Might as well just roll the credits now but of course that would mean the BOD have to give up their salaries …

4mil delayed buy @ 0.895p ... last week would have cost you circa £20,000. Now £35,800. That's the largest buy I have seen over the latest placing price of 0.85p.

Almost certainly a large buyer in the background as I have mentioned for the last week or so now. Also suggests it isn't a retail buyer either which would be nice to see.

+17% today with only 1% of the POW float traded. Would seem that the buyer (or buyers) has plenty of ammo to continue. 1p could be not far away, and quite possibly a new TR1 if the buying continues at this pace.

With the exposure POW have to multiple commodities and multiple large stakes is several different junior exploration outfits (some still at pre-IPO stage), they are still massively undervalued at £18mil in my opinion.

Back in 2021 the market valued POW at £39mil at one point with a handful of projects and £500k in the bank. Certainly not the case now and POW are x10 the company they were back then. Fully expect to see this positive price action continuing in 2024 assuming the markets give POW a fair wind (which hasn't really been the case for the last 24 months).

Management continue to do all the right things even if the SP hasn't reflected that in 2023. That's been enough of an buy indicator for me to load the boat at sub 0.75p.

POW getting a small mention this week by The Daily Mail in the "small caps movers" section:

https://www.thisismoney.co.uk/money/investing/article-12868149/SMALL-CAPS-MOVERS-Boohoo-completes-boardroom-coup-Revolution-Beauty.html

Trading volumes in POW significantly up last week. I have not done the maths but I would guess that it was the highest weekly trading volume of 2023.

Good signs moving into 2024 and POW perfectly positioned for any uptick in market sentiment, at which point, IPOs will be going live and new business deals will be happening left, right and centre in my opinion.

POW research note updated today for anyone interested - price target remains 3.3p

https://resolveresearch.co.uk/wp-content/uploads/2023/12/Power-Metal-Resources-Update-Dec-23-Final.pdf

Roger - So after holding POW shares for 3-4 years, you have now sold most of your POW shares at a big loss to move into a company which is 61% owned by POW??

Using the closing mid-price (0.775p), the SP closed above the 200 day moving average today. The first time since 27th Jan 2023.

Positive signs towards a shift in market sentiment.

Roger's last message from early December for anyone interest:

"Sorry but I've said this repeatedly that if/when the 'children' make discoveries it wouldn't benefit POW, ro at least far less than many believe. GMET out out a very good RNS and even their own sp has risen by less than 1%. The impact on POW?

I happen to agree that .3p is a fairer price the way things look. SW is unable to move anything on at pace so there are better options for investors until there is at least a clear plan and timetable of drilling. SW starting to look to me as if he's already out of ideas. If the sp drops to .4s or lower then I think we'll start to see some punt money come our way. Afraid I still think the US listing is a red herring and will bring us nothing substantive unless of course there is news of a discovery or the price falls off a cliff and there are a few willing to throw some punt money in."