Member Info for Tray556

Doc 83 - ""Tray I want pow to go forward with making a profit with with exploration and a commercial find. That’s what they’re all about."

Pete, that is not what they're all about. And I think that is where the problem lies for you"

Doc83 gets it!! just a shame so few do! Unbelievable how many POW holders just do not understand the model at play here!

Pete - A profit is a profit regardless of where is comes from!

So just to clarify, you want POW to make a profit, but you don't want them to do it via profitable investment transactions via a £20mil+ GMET investment for example just because the SP hasn't reacted? If the SP had reacted in a logical and positive fashion you would have been happy. So instead you now want POW to make a "different type" of profit?

Bizarre comments and the exact reason why I go on about there being so many clueless investors around!

Latest extension for the deal with AMAK expires today I think. May get extended again or we may get confirmation of the deal this week.

From the partial GMET sale, POW have the sufficient cash balance to pay the $3mil exploration costs to earn into the deal with the Saudi outfit valued at £1.05billion today. Ultimately, if POW decided to go down this route, this would be refunded back to POW once the Power Arabia spin out went live.

I think it's a case of do POW want to sign the deal with AMAK pre Power Arabia going live, or post Power Arabia going live and recoup the funds at a later date. I'd rather POW sort the Power Arabia deal first and use funds directly from the spin out. Just a much lower risk approach.

If POW sold GMET at these levels, it would be the first time in POW's history that a share buyback, dividend etc. has become even close to a reality.

If POW sold their remaining GMET at £13.4mil (the value today), add that to the £9.2mil they partial sold their GMET stock for a few months back and it's a £22.6mil return from an initial £2mil investment. A profit margin of £20.6mil which is more than POW's entire current market cap (£14.7mil) as daft as that sounds!!

Use some of the GMET proceeds to buy you stock back whilst it's so cheap and give those that want the exit door the opportunity. If POW went to fair value tomorrow (25-30p) the share buyback wouldn't work. If GMET's SP pulled back 30% it wouldn't really work as effectively. For me the time is now.

Float then falls from 115mil to much much lower amount and POW would still have the working capital to push the business on for the next 3-5 years before even thinking about raising funds. You would like to think at that point the likes of Power Arabia & FDR would be turning a investment profit for POW.

Without the float in solid hands, the SP will simply go nowhere and the POW float has been in dire hands for years due to a number of factors.

Obvious chance here to create the much need exit liquidity. It's anyone's guess if it on the POW board's "to do list" but I personally hope it's top of the list.

Sell something for profit? POW just sold less than half of it's GMET stock for £9.2mil representing a circa 1000% profit!?!?

The reason our SP has no staying power neredowell is because the float is in the hands of the clueless.

Agree with Sol001 .... and a share buyback needs to be initiated to create the much needed liquidity for those to leave. There is a clear window to get it done:

1) POW is undervalued so can buy back lost of stock for cheap as the SP is supressed

2) GMET has made POW a x10 return. POW now have excessive (and overvalued in my opinion) levels of working capital

3) The float is in the hands of many clueless investors who just want out but cannot due to AIM liquidity issues

Sell GMET for £13mil, add that to the circa £6mil in the bank. That's £19mil in the bank for a £15mil market cap company that's clearly undervalued.

Buyback £9mil worth of stock, let the clueless leave and put the float back into strong hands. When the majority of your sellers have been shown the exit door, your stock will react logically to good news.

The remaining £10mil can be used to push the business forward over the next 3-5 years. It's a no brainer from here will the POW SP is so low and undervalued and it has access to £20mil+ of working capital.

Just ran a few calcs and POW currently have access to the following levels of working capital (bear in mind some of these are close estimates/assumptions):

Cash in Bank = £6,000,000

GMET Stock = £12,226,413

FCM Stock = £418,744

RRR Stock = £58,333

30% of Uranium JV's Bank = £2,400,000 (assumed £8mil is left from the initial £10mil)

TOTAL ACCESS TO WORKING CAPITAL = £21,103,490

So when PJ stepped down in March 2023, POW had maybe £500,000 in the bank. That was the only source of working capital POW had access to at that time.

Flash forward to May 2025 and POW have access to £21.1mil in working capital and that doesn't take into account FDR & Power Arabia which should come online soon providing even more working capital.

Sean Wade is working wonders here for the POW model. There probably isn't a sub £15mil market cap company in the land that currently has access to £21.1mil in working capital.

Market just isn't getting it at the moment and even more worrying is that a good chunk of POW's own holders don't get it either. Bizarre as POW has never been such a solid buy opportunity.

Not sure when the RR interview was but from the last Uranium JV update from 31st March 2025 it states the following :

"The planned eight-hole, 2,400m diamond core drill programme is currently envisaged to commence in June 2025 with the necessary permits currently pending."

The above relates only to the Lake Drake Silas project as far as I can tell. It's almost a certainty that further updates will follow shortly.

If it takes a bit longer for the drills to spin, then does it really matter? GMET performing well and the bank has several million pounds in it. POW have time on their hands now from the partial GMET sale from a few months ago.

Apart from the SP not moving in the logical direction .... all KPIs point to this business doing very well.

In my opinion it just needs a single catalyst now to get this moving in the right direction with the circa £30mil of net assets on the balance sheet vs the £15mil market cap. More than happy to keep adding here until the herd arrive.

No idea Sol001 unfortunately. The RNS feed will be updated when the business is ready I would imagine. I think the comms said Uranium drilling will start in June 2025 sometime. 70% of the JV is in the hands of UCAM. They control the narrative, not POW.

I'm with Doc83 .... "If Sean can keep increasing our NAV, that'll do for me." .... some holders need to be spoon fed updates, some will do the simple maths and see the clear and obvious undervaluation here. POW have access to circa £20mil of working capital via their bank balance and investments. I doubt anyone can find another sub £15mil market cap company on AIM with that backdrop. With that level of access to working capital, the catalysts will arrive soon enough. This stock should be at 25p+ right this moment just to hit fair value.

As I've said many times, the financial position here has never been stronger. It's never been more of a stone wall buy opportunity in my view. Some will get it, and some will not and continue to moan.

Cash = £6mil

30% stake in £20mil valued Uranium JV = £6mil

GMET stock = £12.1mil

FDR pre-IPO stock value = £2.6mil

FCM & RRR stock = £0.5mil

All the above = £27.2mil vs a POW Mcap of £14.7mil ... pretty much trading at half price on the above assets alone and I've not even mentioned several other assets!

The undervaluation is wild and its factual information that the business has never been in a better financial position. Via its cash balance and investments, POW has access to circa £20mil in working capital!

How POW holders can moan here is very strange. How POW holders can be calling for the CEO's head is nothing short of unbelievable in my opinion but that's AIM for you.

The auditors will be shortly signing off the Dec 2024 accounts and the audited accounts will also confirm the business is trading somewhere near half price as well.

If this isn't the time to buy POW stock .... I simply don't no what is because this SP won't be down here for much longer.

POW's FCM shares (£0.4mil) + GMET shares (£11.3mil) + FDR Pre IPO shares (£2.6mil) = POW's current market cap (£14.3mil)

POW's cash balance of around £6mil + their 30% stake in a £20mil valued Uranium JV with billionaires is now all priced in for free and Uranium drilling should be starting any week with £10mil cash to deploy!

I'm not even considering the other assets either which all hold a value as well.

Whilst everyone moans about Sean / POW's comms .... the obvious undervalued investment case is right in front of everybody's eyes.

Scottydogg - Wow that's some seriously uneducated comment!!

The RNS states that Sean Wade took his latest buys at an average price of 12.64p and Ed Shaw at 12.49p

2p is the par value of the ordinary shares. Used to be 0.1p before the 20:1 consolidation last year.

Yes Sean Wade now holds around £190,000 of POW stock now using the 13p mid price. I think his average is around the 13-14p mark too.

So those complaining that we pay the board too much ... If we say Sean is on say £190,000 per annum (could be wrong but it won't be a million miles off) ... he's going to lose about half of that salary each year to tax and NI. He's been at POW for just over two years now.

So based on the above he's pretty much re-invested his entire CEO net pay to date from the company back into POW. It's a great show of faith.

Barnetpeter - "the company loses money every year" .... literally a few months ago the company crystalised a multi million pound profit on it's GMET investment. How is that losing money?!?! It's a bizarre comment. The company has taken a bunch of asset which cost POW £2mil to put together between 2021-2023, they spun it out into the GMET IPO which was worth around £4.4mil to POW upon listing in May 2023. They sold around half their stock for £9.2mil a few months ago and the remainder is worth circa £10.5mil today. Fantastic business.

Surely when a company is turning a £2mil investment into the best part of £20mil within 3-4 years, you don't mind paying a few directors to look after the business which is currently in very good hands in my opinion. I certainly don't. So many poor performing businesses on AIM paying similar salaries. At least POW are performing well on every single KPI apart from the SP. Unfortunately the SP is the only KPI which is out of the business's hands. The financial position in POW is stuff that only 99% of AIM exploration company with a sub £25mil MCap can only dream of.

I'll say it again, there are far too many clueless POW investors who simply have no idea what POW are doing and don't understand the model and there is so little liquidity on AIM that they cannot leave. Surely with POW sitting on £6-7mil in the bank from the sale of their GMET stock and £10mil+ remaining in GMET stock the board are considering some sort of share buyback here. It's the clear and obvious option to get the clueless POW holders out and keep the remaining float in the hands of those that understand the model. Chuck those that want to get out 20p a share for their holding and you could reduce the share float significantly. A share buy back would be a win/win here for all involved in my opinion.

Down 750%???

That's mathematically impossible …. even if a stock falls to absolute zero the most it can drop is 100%

Https://www.youtube.com/watch?v=K8ZD86RgzYA

Annual pre-symposium interview out.

Yes specinvestor99 - just 4 trades all day totalling £1,720.

That's about eight hours worth of finance costs for RRR (circa £5k a day financing costs per the interims)..... no wonder no one is touching this stock with a barge pole.

£5k a day financing costs / £150k a month / £1.8mil a year .... it's absolutely mind blowing how RRR is still listed and trading on AIM. The annual cost to finance it's debts exceed the company's market cap alone. That's before salary costs, AIM listing costs, NOMAD fees, auditing costs. Oh and then there is exploration costs .... but of course, RRR cannot do any of that as they are so underwater.

You've got to be absolutely mad to have your money "invested" here!

A new POW website is now live. Looks very slick compared to the previous website.

https://www.powermetalresources.com/

Let's hope the company don't take onboard your comments below Sol001 and stick to their business plan that has seen strong balance sheet growth over the past few years.

POW on target to continue growing their balance sheet which is the game plan here and it working very successfully. I don't want to see POW open themselves to high levels of unnecessary risk. This would be the case if the Saudi projects started seeing £mils of exploration costs from POW's bank account.

POW are well on course for financial self-sustainability here from proper prudent business transactions. More spin outs to come in the near term, cash balance at the moment is also very strong.

To reiterate for the hundredth time ... the Uranium JV is NOT under POW. The Uranium JV is a stand alone fully financed unlisted venture which POW have a 30% stake in. The Saudi projects will also be spun out, if you still think POW will throw millions at those projects (which is what is needed to properly explore) then you are still not understanding the POW model.

New article from Charles putting forward the "no brainer" investment case here:

https://thatstocksguy.substack.com/p/do-you-like-free-money?r=28f0br&utm_campaign=post&utm_medium=web&triedRedirect=true

POW hold the following in GMET as at today:

GMET shares as at 10/04/2025 = 24,699,825 shares @ 41p = £10,126,928

GMET 17p warrants as at 10/04/2025 = 763,026 warrants @ 24p profit (41p - 17p) = £183,126

VALUE OF POW'S HOLDING IN GMET AS AT 10TH APRIL 2025 = £10,310,054

Represents a 19.38% stake in GMET but GMET do have around 12mil x 17p warrants to flush out over the next month. Will probably take POW's holding down to around 18% of GMET by 10th May 2025.