The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
I think we can all agree that more funds would be required sooner or later. With ground work going on, on the three projects in Botswana. The money in the bank gets eaten up quite quickly imo. Drilling, mapping, ground/ air surveying with all the technical equipment isn't cheap as you know. I agree what some have said that maybe good news announced first. To HOPEFULLY increase share price. Then announce placing news. However most times when a second/third party is interested in investing in a given company. They like the sp to be lower as to aquire more shares for same amount of cash. When is the right time to announce a placing is the case in question. Just my 2 pence worth that's all.
Like I said last week. I think that uranium assets in Canada could be a very valuable asset in a couple of years or so. IMO of course.
https://www.linkedin.com/pulse/why-we-expect-uranium-market-crescendo-2022-
I think Paul did a very wise move in acquiring those licences
Few trades going through on other platform. https://www.lse.co.uk/SharePrice.asp?shareprice=POW.GB.PL&share=Power-Metal-Resources-Plc
Really Can't understand why some are downbeat on yesterday's RNS. Like someone said before, you can't expect bonanza grades every time. Anything over 1,000 g/t is pretty good imo along with the bonanza grades. Again Like it was posted yesterday morning. It's the other base metals that make this even more attractive. With decent sampling of Cu, Ni, Co, Pb, and Zn. Separate those elements into byproducts when mining starts, you have a much more valuable mine imo
You would have to go a long way to find another better than that imo. Sometimes it pays to back the tortoise imo.
I said a few weeks ago that acquiring uranium into the pf was a wise move imo. Our own government announced this week that they are looking to add up to 8 smaller modular nuclear reactors. I posted a link some time back that other countries are doing the same. Some would argue that nuclear isn't green energy (neither is wind or solar with the power and energy needed to produce said items) but it is far far greener than current sources of energy imo. Current situation in Ukraine bad and regrettably as it is. It does prove a point in that when you depend on one or two sources of energy from a different country/continent. Your screwed if anything like this happens again or worse. It also proves a point that when you have heavy snow like in some parts of the world. Forget solar until the snow melt. So imo smaller nuclear reactors is a way forward ALONG with cleaner forms of energy.
Very much agree with that Metalhead. Ben said on last interview that they need to analyse ALL samples to check and recheck to make an announcement as near and as accurate as possible. Like he indicated, to many companies make wild claims only to find out later those claims are inaccurate. Oil companies are some of the worst
A V has said in one interview, can't remember which one last year saying that everything is for sale at the right price
That's exactly right in what the future holds. Hope alfa, fatbanker and a few others are still in from way back when afritin split from BMN. This tin mine was once one of the biggest open cast tin mines in the world before it closed after crash in tin prices some years back now. Though grades are not high (but are decent) there is huge amount of it to last decades. Miners would much prefer huge resources of average grades = long life. (If profitable of course) Than higher grades over a short mine life. Unless it's easily mined on the surface. (Open cast) That goes for any minerals/metals PGM,s. The kicker with afritin is the lithium/tantalum by products which makes this more attractive. Especially as its open cast mining. Like others have said before. This is not a share that has large spikes followed by big retrace. Some would say a boring share. Over the long term give me a boring share any day.
Should see a tick up soon as only 1 mm left on 8.20. Hopefully
Apologies if already posted.
https://www.smh.com.au/business/the-economy/get-ready-the-mining-boom-on-steroids-is-coming-20220331-p5a9qp.html
I have used Atkinson of Birmingham also and found them to be very competitive for prices. I also have used Gold . Co .UK for bulk purchase and keep in storage as no vat to pay. However you do pay a monthly charge for this service, about £10 a month or something like that. A 25 x 1 kilo chest costs around £17.650 no vat. With vat at £3.650 makes it over £21. 200 give or take. Bought 1 just over 6 years ago now when silver was between £9/ £11 oz. Can't remember exact price. Yes you can buy vat free silver from abroad but you will have to pay shipping and import taxes. So check before you buy what the other charges are first.
Like many others, I have been in HZM for a couple of years now. (Check history) some even longer. It's taken a while to get to where we are now , with a few twists and turns along the way. Plus a few bumps lol. Those couple of years have flowen buy really. The next couple of years will also have its ups and downs with construction (most construction work has its problems) but it will get there no doubt about that. So for myself it's sit on hands and let it play out now. GLA
That's the kind of day I like to perk me up after a long day
We have to remember that things DON'T always go to plan for a number of reasons. OK Ben made a couple of predictions that didn't pan out. Well you could say that about hundreds of CEO,S across many companies. I am invested in a numerous company's from early stages. Hopefully they will all come good. Don't get me wrong, I have made some mistakes as we all have. Been in a tin miner for 3 years now and it paid of. Soon be adding lithium and tantalum along side the tin. Like D220 along with a couple of others, l got in early to a huge nickel deposits around the sametime. That also had missed time scales with the negative sentiment about the bod. Just to give a couple of examples. I get what some are saying. But MOST times it's not there fault. But I will say that there is some awful CEO,s out there. If this was a oil company (one track pony) I would be long gone. But its not, and that is why I have invested in KAV. Its obvious that there is something down there under that thick layer of sand.( Virgin ground.) Looking at previous core pictures. However I have never known a company hit the pay dirt (sweet spot) on a given target first time. It will take time, and yes probably more money. However I like the risk reward scenario along with POW as I know some are invested in both. That camp also has it's negative posters for what ever reason. I do agree with others though that if some are not happy with the way things are going. Then yes, sell if not happy with the bod. Am guilty myself when I first started out with the stock market. But the times that I ran out of patience and sold, only to see a given share go well up. NOW I rely on my gut feeling. What sectors are they in. Is it a growing/demand commodities sector for instance. Inflation, interest rates, countries. Are they safe durastrictions or not. All need to be taken into consideration. Anyway that's enough from me. Best of luck to all and enjoy this weekend