Member Info for Tray556

Circa 17.5 mil shares traded today across 132 trades (LSE & AQSE platforms). Scenes not seen in POW for quite a while! Hopefully further confirmation of a turning point here.

The chart says upside, the vast portfolio says upside, the solid management team says upside, the upcoming IPOs positive effect on the POW balance sheet say upside .... yet the market still doesn't move.

The best time to buy in my opinion!

Wrong again Roger - Its held by New Ballarat Gold Corp (POW have a pre-IPO holding of 49.9%) who will be raising money via an IPO in Q3 2022 per the latest news releases.

Once the IPO goes live, it costs POW absolutely nothing. They will just hold a % of the project i.e. an indirect investment whilst the money from the IPO is deployed into the ground. NBGC will have its own management team etc with POW & RRR most likely being the two biggest shareholder post-IPO.

The market surprises me regarding NBGC as they have a huge land package in the prime region of Australia. I guess like most junior companies at the minute, the market only wants results and isn't pricing in much potential.

I know it's a bit of a complex model but take a look at which POW projects will shortly fall under FDR, GMR and NBGC. Any of those projects will be owned by the IPO vehicle once they go live and POW will have ZERO cost commitments towards those projects. If the IPOs do well, POW's investment increases. POW can then sell the investment for cash to be deployed directly in POW owned assets or even shareholder distributions if any large amounts of cash are generated from investments.

Kavango Resources posted some photos on Twitter today showing the drill rig in the field and said the following :

"Camp developments at #Ditau are well underway, with the rig now in the field. The holes we drill in this programme will help us to determine the project's potential for rare earth elements, or mafic intrusives potentially hosting base/precious metals"

This project is a 50/50 JV with Kavango Resources.

Hi Longlad - Go on the RNS feed and click on the quarterly update dated 05/01/2022. Towards the bottom of that RNS there is a full breakdown of all the outstanding warrants and options outstanding (minus he options issued the other day after the RNS). A chunk left in the 0.75p's but pretty much all other warrants/options are much higher than the current SP. Have to remember POW was at 0.2p ish when those warrants were issued and POW had just taken over a failing African Battery Metals.

Recent director options have just been released on the back of the AGM. 3.25p options but they can only be converted once the volume weighed average price has been above 5p for 10 days. Proper options if you ask me and this company is definitely trying to look after it's shareholders at every possible chance. For example, I had a query on a delayed assay result the other week so I emailed the company. 20 minutes later the CEO personally rang me to discuss what he could. It shouldn't be too long before this share price really starts to take off again in my opinion.

Some guy called Gary on Twitter just pointed out that the Tati results are missing from the pending results section on the latest directors options RNS. He isn't wrong either, they are definitely missing!

Is the 5 and a half month wait for Tati results finally over next week? I'm pretty sure they have been sent back to the labs at least once for further testing based on the timeframes so we may have some positive assays to work with from Tati!

Per Companies House on 21/03/2022, FDR appointed Gemma Cryan as director.

According to her LinkedIn Page her background is in geology and she has spend time as a director on another AIM listed companies in the sector.

She spent 7.5 years with GGP as a part-time Contracting Geologist/Geology Manager. Her LinkedIn also states a key sentance "Responsible for the discovery of the world-class Havieron gold-copper deposit in WA."

Seems like a very positive appointment to me!!

2,400m of drilling - starting in the next few weeks - POW very active with the drill bit now, its only going to get busier once the IPOs go live!

Cannot make it either Bumble. Bit tough for me to get to for 10am from the North West! I'm sure POW will record it. If I can remember rightly, PJ did a bit of a summary video for about 30 mins last year after the AGM and also went through the plans for the next 12 months etc. so hopefully he does this again.

The communication from POW is arguable the best on AIM in the junior sector so they will make sure all current and potential investors are kept informed!

PJ stated on a few occasions that the board will be bolstered up to 5-6 members and some new board members will be announced in Q1. Surely this gets announced before the AGM so that the new board members can attend and be introduced properly?

Hi Bristol - Add in the fact that PJ is the biggest shareholder in the company and holds circa 6% of the stock (which would be closer to 10% if he converts all his future warrants/options). It is all a very good sign for me and this is a CEO who has been part of GGP in the past & Metal Tiger who have been gone on to make discoveries.

I've been here since about October 2020 and I feel the most confident I have ever felt with my holding. 3x drill results to come from Tati, Haneti and Victoria Goldfields, several IPOs to go live in the next 6 months and the RNS feed constantly has comments stating that our projects are attracting significant third-party interest. The price could re-rate at any moment here and its a great risk/reward play having 14 projects across multiple jurisdictions which are looking for 10 different metals.

AGM is on 30th March 2022 so I would imagine PJ will be releasing as much price sensitive info as possible in the RNS feed over the next 10 days so he can talk about as much as possible in the upcoming AGM

When the insiders of a company cannot convert their warrants simply due to the company being "too active" with its exploration programmes can only be considered a bullish signal.

The Sunday Roast have posted a cracking 20min interview with PJ on their Twitter page today. Well worth a listen and PJ is as positive as ever.

StanAccy - PJ will absolutely want to get as much price-sensitive info out there via the RNS feed before 30/03/2022 AGM! The next couple of weeks should be good!

With assay results pending which could land any day for Haneti, Tati & Victoria Goldfields, I think POW are far more active than almost all the juniors on the UK markets. Multiple IPOs going live in the next few months which will fully fund an array of solid drill targets.

14 projects all getting pushed forwards in various ways by a CEO who has led companies to major discoveries in the past. To me its much higher than the bottom drawer.

To be honest I'd put it in one of the top drawers for a risk/reward play from 1.3p!

The IPOs will fully fund the Selta Project Roger. Millions in the bank for FDR soon. Same with GMR and NBGC.

Tati, Haneti, Molopo etc. will need funding from the POW bank account at this moment in time. Anything FDR, GMR or NBGC won't cost POW a penny from now on and they can just watch the projects develop with no financial ties and a large % holding sat on the POW balance sheet. This is the model moving forward as further POW owned projects (uranium, lithium etc.) spin out into their own listed vehicles. POW will lose some ownership but they will still be a large shareholder (most likely the largest shareholder) but the projects will be fully funded to aggressively push on.

Great business from PJ in my opinion. Gives POW diversity to different metals and jurisdictions as well as access to a strong balance sheet in case POW do need sources of finance.

A lot of potential investors are still not grasping this unique model until it goes live (and understandably so, it is complex). I think a lot will grasp the model when they see £1mil to £2mil of fully funded drill campaigns over at GMR being thrown at Pilot Mountain in the next 12 months for example to increase the JORC it already holds!

First Class Metals are now a Public company as of 28/02/2022. POW hold £1mil of the pre-IPO stock. Looks like this IPO could go live in the coming weeks.

Ditau and Molopo are both in Botswana but in different locations.

Quite a few strong rumours flying around on Twitter this evening that A Bell & Red Rock Resources have finished selling down their shares which they have clearly been selling for the past 3-4 months on a daily basis (over 100mil shares combined I think). Also possible confirmation by the 3.5mil sell today which is the biggest single sell trade since the selling began.

POW are doing nothing wrong, as an exploration company they are pretty much doing everything a shareholder would ask of a company. Great communication, board have skin in the game, 8 days a week work ethic, passionate team, spreading risk across multiple countries and commodities, always actively looking to progress both current and potential projects, multiple drill results pending, several drill programmes planned for future months, financially stable ... I could go on all evening!

We all want a return on our investment and that is what is the ultimate goal for all investors. Many investors are down here and suddenly because their portfolio is red, POW must be an awful company ... INCORRECT! It is simply from market conditions combined with a large seller who has been in the mix for sometime.

POW went from 0.2p to 3.5p in less than a year ... that's a 17.5x run, of course price has to pull back and reset. POW has all the elements to come roaring back to life in the next few weeks/months/years. No one can say when that will be but this has all the traits of a solid company for the future and with just a £19mil valuation, its a bargain price in my opinion!

Should be 4 points there - I cannot count properly!

Roger65 - "Results are needed here" .... Of course we all want results but POW have multiple projects ongoing and are very active around the globe. Are you suggesting that POW only release an RNS when they have the results that back up a commercially viable discovery? I really like that POW holders are kept up to date regarding all aspects of this global business via the RNS stream.

1) POW are an exploration company - any exploration work they do (big or small) is price sensitive and needs to be released to the market. It's showing that the company is ACTIVE. There are multiple drill programmes in progress / awaiting assays.

2) You do not get tangible results with preparation work being undertaken first - The RNS today is just an update on preparation work - They will actively be drilling the area in due course with the IPO funds.

2) If you didn't hear from POW for 6 months you would be putting them in the same negative category as half the other AIM juniors on the market. Communication from POW should be seen as a huge positive, its very rare in this sector.

3) PJ has confirmed many times that POW do not pay a fee for each individual RNS release. They pay a fixed fee for the whole year which is the same cost if they release 1 RNS or 1,000 RNS.

Unless POW are extremely unlucky with every drill programme this year, I'm pretty confident that the Market Cap will be much higher than £20million come the end of this year!

For me, there are far to many people moaning on this board at a company that is active, has a global footprint and a board with serious skin in the game. POW set up very nicely for years to come.