POW9 Nov 2021 10:05
This is how I look at it. Pow have a wide ranging portfolio of POTENTIAL discoveries across a wide range of metals, base metals and PGM,S. I reiterate POTENTIAL not guaranteed. I have said this before. To raise money for each project, pow would have to issue millions/billions of shares to fund each project. Would you be happy with that??. By spinoffs for a number separate entity's. They then rise their own funds to help take a given spin-off to go after that POTENTIAL discovery. I would agree with some that pow would retain a percentage of said spin-off. Be it 20,30, or 51% of that company. If one spin-off hits a major discovery. Shares would USUALLY go up obviously. That would also benefit POW with their retaining %. Flip side is, if nothing found or not economical. Then obviously price crashes on that given spin-off. Yes it would have a negative effect on POW. But not to the extent if it was kept in the POW portfolio. Imo. It's the same effect like your own portfolio. Would you put all your money in one company (Some do) like oil etc. If one commodity is in a down trend, let's say gold. Which is having a turbulent time at the moment, but is recovering. Or any other commodity. With a wide range in the POW portfolio covering most commodities. It makes sense to cover all bases in the sectors that hopefully have a good long-term potential.
By all means way up the positive AND negative aspects of ANY company, and you should. Before committing your hard earned monies. Like pow I also have a wide variety in my portfolio , don't post on all. Some I haven't posted in ages. Doesn't mean I have left a given share. I suspect many others can't be bothered. Anyway people. It's your money at the end of the day. Make up your own mind.