Member Info for Worzel7

The markets across most stocks are taking a hammering

So listening to Ben. He said we will hear more about the placing and the reason why on Friday.

LW. As you say, it's about the projects. If that big red spot really is what we all hope it is including the BOD. Then these last few weeks will be all forgotten. Like Keith posted over the weekend with those fag packet calculations. WHAT IF.

Either way. Hopefully it's very good news and markets in a positive mood. At this moment, any good news is squandered in this current market trend. Don't even think about the other option if its not. I suspect many will be up early tomorrow morning

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.

All will come to he who waits. Patience easy to say, but true imo

Keithoz on the Kav bb gives a good analysis on the latest Kav/pow RNS if anyone interested as it's a jv

Copied and pasted from another bb which I am in by the way.

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

About to tick up again,

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.

There is no doubt that this is a world beating resource. But still needs that mining license aswell to really get this moving

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