Member Info for Tray556

Drilling started end of June 2025 .... so you've got to assume around 2-3 months before drill core is batched up, sent to the labs, analysed and then data interpreted into RNS.

Only a guess though based on timescales from similar projects.

The OakBloke article is addressing the news from the US re MP Materials yesterday and how this could potentially link to US GMET funding.

The article in regards to POW is cross referencing the potential link to GMET with the fact that POW's entire market cap is covered by their GMET holding alone so everything else in for free. The purpose of the article is isn't to discuss POW's Uranium projects. It's to simply state that all POW's assets apart from GMET are in for free at these prices.

As we have all discussed before on this board. UCAM own 70% of the Uranium JV and they therefore control the joint venture and therefore the comms. What could they actually talk about now? Estimates, guesswork, potentials? Just wait until you get tangible data from the drilling campaigns and then discuss your findings where you have actual evidence to back up your claims .... that's UCAM style so that's what's going to happen.

First few drill results should start filtering through in say September time and will most likely continue to be fed to the market for the remainder of 2025.

Another OakBloke article featuring POW.

https://theoakbloke.substack.com/p/rare-earth-magnets-are-cooking?utm_source=share&utm_medium=android&r=4gl56m&triedRedirect=true

The Oak Bloke certainly writes a compelling article on POW and has done for some time now.

Just need to bring a bit of fresh blood into this stock that understands the numbers/financials as well as The Oak Bloke does.

Bobbust - POW are cash generating. They generate cash from investment profits ... that is the model. Exploration costs should be kept to a minimum until a JV or IPO company is paying for most of the high risk exploration costs.

Take POW's GMET investment. Initial £2mil investment .... partially sold for £9.2mil a few months back, the remainder worth circa £16mil today and will hopefully sold into further in the short term.

Taking a £2mil initial investment into a £25mil investment return (albeit partially on paper) is some seriously strong cash generating model. Arguably one of the best cash generators in the sub £20mil market cap category in the AIM junior exploration sector over the past couple of years.

POW's float is in such a mess that they have to address the situation before their share price can recover. Take some of the GMET proceeds to buy back stock at such an undervalued level (currently trading at 50%+ discount to NAV) and the remainder can be used to push further assets forward for spin out (Power Arabia for example).

Not every spin out / JV will be a success, but the single success of GMET means that POW could probably have 5-10 failed spin outs now and still sit absolutely fine financially. Obviously I hope that's not going to be the case .... but POW have so much working capital on hand now, things could get exciting very quickly here in my opinion.

With exactly the same effect ..... epic dilution for the RRR shareholder.

Credits about to roll here any day.

Also hearing rumours on the FDR Telegram board that the funds for the IPO have almost been committed. I think they were looking for £2.5mil.

Rumours are that the Schedule One for that IPO will be released today/tomorrow with a "go live" date at the end of July 2025.

Should be an RNS from POW to confirm as well as the largest FDR cornerstone investor. POW will hold around 37.5% upon IPO worth around £2.5mil.

Yes you can pay $325 for a virtual pass to watch all the videos at the symposium!

I'd just wait for the replay haha

Yes the buyback resolution isn't new, but the nature of it is.

The AGM vote last year on the buyback was restricted to a minimum of 30p I think. Useless when the SP is below 30p and has been for years.

The vote on the share buyback this year is to allow the buyback to be done at pretty much market prices and up to 15% of the float. Add that to the fact that POW's working capital position this year has ballooned to over £20mil due to GMET's performance and this year is the first year a share buyback is actually a financial reality. Good to see this sort of action from the board.

Sean Wade also speaks at the Rick Rule Symposium today at 4:40pm ET (9:40pm UK Time)

Looks like Sean has managed to find a buyer or two across the pond at Rick Rule's symposium. Seems pretty coincidental that the buying volumes started to come in as soon as the event started on Monday.

The UK investor has had the best part of 2 years to accumulate in the 12-14p zone. In true AIM fashion this will start to soon get bought up at much higher prices.

Even at 15p this stock still trades at a circa 50% discount to NAV and it's current market cap of £17mil is only covered by it's listed investments in GMET & FCM.

Everything else remains in for free. Cracking investment case here.

RRR about to go bust in my opinion.... POW will be getting as much of a return as RRR holders .... absolutely £0 haha

Been NT pretty much all afternoon.

Almost impossible to buy any stock sub 14.5p now.

Just realised my maths was a bit off there .... more like a x9 return from a £2.5mil base cost!

Agree Doc83.

GMET value today = £16.7mil

Partial Sale in Feb 25 = £9.2mil

PROCEEDS FROM GMET = £25.9mil

Approx. POW costs to get GMET live (including legal costs) = £2.5mil

PROFIT ON GMET VENTURE = £23.4mil or a circa 12x return.

I'm 100% in the "sell GMET" camp now. It could be really game on for POW if they have £20mil+ in the bank vs their £16mil market cap at present!

DJP4976 - Great posts re a potential share buyback.

Really refreshing to finally hear a few other POW holders vocalise the importance of a buyback with solid logic.

A complete win/win for all POW stakeholders at these levels in my opinion.

Not being a keyboard warrior at all Pete. Just explaining what has to happen before this SP moves to fair value.

The SP will not have a sustained rise until the majority of the POW float is held by those that fully understand it. Based on the last 24 months share price movement vs business performance, the float is a long way off being in strong hands.

Either a few big buyers who fully understand the POW model flush those out who don't understand it / need to get out .... or POW create the exit liquidity themselves via a share buyback in the near future. There will not be a sustained rise in my opinion until one of these two events happen. It's simple demand & supply rules.

A few decent chunks bought on the market today .... let's hope they stick around and continue to buy and build a large position. The investment case in POW at present is a no brainer whilst there is a 50% discount to NAV on offer.

I'm on about the bunch of POW holders (there are loads!!) who don't understand the balance sheet, the cash position, the discount to NAV, the solid recent performance from POW management, the fact that POW don't need to make a discovery for shareholders here to make money, the fact that every KPI is point in the right direction etc.

Don't think there is any shorting activity going on in POW but could be wrong.

Once the majority of the POW float is held by those who fully understand what POW are building, then the price will move up closer to fair value as the majority of holders won't be selling at these levels. The float is clearly in poor hands when there are sellers at a time where a 50%+ discount to NAV is on offer.

It's why a share buyback is so key in my opinion unless a few big buyers appear soon. Desperately need to flush those out who want to leave/dislike POW and leave a bigger chunk of the float in better hands. Then the re-rate will happen.

Significant buying today with plenty of delayed trades. Was NT to buy at 14p at close.

Got to hope this is a significant buyer who will stick around for a bit and move the POW float into much needed stronger hands. The float is been in such a poor place for so long now.

This stock could double from 14p to 28p and would arguably still be undervalued.

Not a comment directed at you sol001 .... just a general point about the sorry state of the POW float at the moment.

PJ took POW from around 10p to 70p and back down to 20p (all post consolidation prices). Most of the rise and fall during his tenure was simply in line with the general market/junior exploration sector at the time.

PJ certainly could create some hype into the stock and put some great foundations in place. Sean has so far created a whole lot more value for shareholders. Under PJ, I don't think the net asset value per share ever exceeded 15p. Under Sean's tenure, the net asset per share value is now over 25p a share at present. The key KPI in this business model and clear proof the model is working.

Therefore under PJ, if you bought over 15p, you were simply buying into pure hype with nothing to show for it. At present, Sean has moved the business into a position where anything under 25p is undervalued yet no one wants to touch it and the same people buying POW stock in the PJ days at 40p, think a much improved POW is a sell at 12p. AIM is one of the most inefficient marketplaces out there at times but its an opportunity for those that don't just watch the SP to make their investment decisions.

POW in a whole new world financially under Sean Wade. Value will come through eventually, but like I've said many times, there are too many POW shareholders at present that want/need to leave this stock. Until that's addressed, the SP will struggle. Once it's addressed, the SP will rapidly move up to a much fairer valuation. It's simple demand/supply rules.

Not personally bothered how quiet or loud Sean is. I'm invested here for the long term to see the balance sheet and working capital position grow. It's growing at pace at present.

POW could liquidate all their assets today and every shareholder would probably get 25p+ a share. Yet the SP is just 13p. It's half price.

Frustrating watching the SP and even more frustrating how much of a mess the POW float is in at present. Apart from that .... I cannot find a single negative about POW at the moment. One of the most undervalued investment cases on AIM. The SP will eventually take care of itself but not until the float moves to the hands of those that understand it better in my opinion.