Member Info for Zan_TM

Funding was the big Elephant in the room imo. Production wise, we all knew a slight delay was likely but a few months here or there is no big deal really.

Having secured the funding. It allows you to sit back abd relax a lot more comfortably and enjoy the ride from here.

So much exciting milestones to come. Good times.

A little write I just put out there.

"With the finance worries now out of the way, expansion targets for the Kilimapesa plant set, and funding for phase 2 exploration in Tanzania all secured, Caracal Gold is set up nicely as we cross over into the New year. Some exciting times ahead."

https://www.trademywayacademy.com/post/caracal-gold-finance-secured

Hey Adam,

Indeed the transportation of Hydrogen is a complex issue and while the present mindset/commercial viability hasn't really helped that transportation system grow or expand, there is moves towards it.

I recently attended the World Hydrogen Conference and there is a lot of work starting to take place around Hydrogen transportation, however, it must be noted these things take some time to develop.

A new pipeline, done at pace can take circa 7/10 years from planning to commisioning. To put that into perspective, if it isnt yet in the planning stages, it wont be available by 2030 (pipelines).

However, if you expand your timelines to say 2040, the world may look very different. Of course, as an investor, I doubt many are looking towards events 17 years away lol.

However as you rightly pointed out, plenty of local opps too.

A little article on the latest RNS

"Not all land is the same, and not all locations are of equal value. The great thing about this lease is that the land is situated right in the Gharo-jhimpir wind corridor"

https://www.trademywayacademy.com/post/oracle-power-green-hydrogen-has-landed

Personally I would see this becoming part of a new package for spin out.

Taking to mine from such an early stage would take circa 6 plus years at pace and cost up to 100 mil with plant build included, which I just can't see POW doing.

Most companies have to commit everything they have tp just one main project to make them commercial and need raise after raise to fund the years of drilling and DFS creation that comes with.

However, given the fact we also have Authier North with its possible Lithium also in Canada approx 8 hrs away, I could see them getting packaged together to create a Power Lithium spin out IPO.

It would fit the model perfectly and combine the two projects nicely. Costing us only the amount of any inital drills, ownership and IPO work, leaving the years ahead required being funded by raises etc into the new IPO'd company. It doesn't speed things up, if anything, takes longer as you lose a year sorting the IPO, but once done, its another addition to the belt for a relatively small cost (compared to years of drilling).

Super early days but another addition to the pot.

I think in relation to the MFC, PJ went into over hype mode, which in part is his job.

MFC needed drilling and that drilling needed funds, thus PJ did what he does best and sold the dream. Funds were raised very quickly and the drills started.

POW as an entity is world class with its comms in my view. That said, if MFC is anything other than "transformational" will investors lose trust/not listen to PJ when he discusses projects.

He did state many times that they may not find something of note, but that was over laced with comparisons of other companies transformational finds and talk of 20 plus multiples of the SP.

In that sense, MFC has to find something or else PJ will potentially be tarinished with the "used car salesman" brush. Very positive, sounds great, but not to trust what he says.

Thing is, POW as us longer term holders already know, isnt just about the MFC project. However PJ actively made it about that with the big promotion drive that he did right up until drill start.

It served a purpose but might come back to bite him.

MFC could well be epic still and I for one hope it will be. Its still way to early to panic on news or lack of news for me. Drills and results can take months.

He has set his own bar really by the inital hype, no one else created that pressure, he did it and hopefully he proves that any doubts were misplaced.

Hasn't read*

Need an edit function on here.

On the subject of Q3 Gold production, its worth noting as has been mentioned that some things/items are offline while work continues.

Not that broker notes are usually worth the paper they are written on, however, they did state on the last one that production will go up and down due to ongoing work.

The target was being able to produce 2k Oz per month by end of Q4 22, which we know expect will be within Q1 23, either due to slight delays or just due to the fact you will be reporting Q4 22 figures in Q1 23 as you aint announcing them on New Years Eve.

Thus, in terms of production, other than as a source of income to starve off any emergency funding needs, the Q3 figures are somewhat pointless to me.

As it stands, officially, they are saying Q1 23 2k Oz per month will be met and given the targets set for "by July" as a year on year, it would suggest they still expect that 2k oz per month to carry on once hit, rather than just become a capacity thing.

Minus any funding news, production wise, I can't see whats changed. All appears well.

If the market expects shinning glowing Q3 production figures then the market has read previous RNS's or reports. Lets be frank here, when we say the market, we mean other PIs.

Cheers Eye Guy. Appreciated.

A big one for me is that fact it currently only has 88 Mil shares in issue. Now that might change of course, but thats a very low number compared to our regional Lithium exploring counterparts who are up in the 15 billion shares plus region.

Now shares in issue isn't everything but it is also telling about how a company funds itself. If you got over 1 billion, high chance the company has a go to method of calling on investors to fund things, diluting more and more.

Things do change, so nothing is fixed but its been a good start here.

Little write up on the recent deal.

https://www.trademywayacademy.com/post/firering-done-deal

As we all know, its been a bear market most of the year and so a lot of companies haven't rallied on news as they might have during a different period.

For Oracle, I think you also have the markets waiting on more defined, more solid evidence of things going ahead. As it stands today everything awesome Oracle has and plans to do is all just on paper, all just ideas.

Those ideas are starting to develop, but could get derailed easily at this stage. LOI's, MOU's are all great, but the company needs signed FIDs to start backing up its plans. However, you can't just sign a FID. To get to that stage there is a mountain of work to be done, which I believe is happening, however, it takes time.

The GH project as an example should have its study done by summer next year. Thats the groundwork, the foundations for things to come after.

At this point, Its about understanding the company isn't there yet, so value will take time.

Again, that's not a bad thing either as allows months to top up your stake.

Building stuff is a slow game, it takes years upon years and is rarely a get rich quick scheme. However, as with everything, if the company continues to progress then eventually the price catchs up with the potential.

I guess Norway that its better to be a wanted Mineral in demand than a less wanted one. That's the main point really.

I do get, or believe I get your point of which its a valid one. In that the success of a company will be more about its leadership and the moves they make, which is even more true for a small cap junior imo as the leaders are the company.

Having the mineral on a in demand list wont save you if your poorly rub, however if your run well and your drill bit talks well, then it is certainly a bonus to me.

Its a good DFS and puts to bed some of the doubt about wording seen recently of "update on DFS"

BM has so far delivered on everything he and the team have set out to deliver on. He isn't the most hypey type of CEO, but that isn't a bad thing either.

He just seems to get on the with the job, and we are another step closer to that first pour.

It would be great to get that LOM up to nearer or just over the 10 year mark and hopefully future drills will do that.

Make no mistake though this improved economics DFS dropping before Xmas is big news.

Funding next, lots needed, of which Lionhead play a part in, but only a part, so will be super keen to see how it all unfolds.

Great work and exciting times ahead.

I'm not sure you can be "clear" on that at all.

Hey, as a holder I would love it if there wasn't any this or next year as you have so kindly assured me there is zero chance of happening.

However, the fair value argument doesn't seem tied to any actual evidence. Naheed I am sure didn't think fair value was at this price pretty much on the last rasing, or one before that etc.

Naheeds fair value, like most CEOs is a value they feel or hope there company would be at. That hope however doesn't pay the bills and hence forth raises have happened and will happen IF Naheed feels the company needs it to carry on or grow accordingly.

It is very misleading to suggest there is no chance as truth be told none of us know if there is a chance or not.

I'm not disagreeing with any potential or price movemenrs or spending or positivity, simply pointing out saying its fully funded to production isn't true and could mislead.

We are fully funded to DFS, which in its own right is really good news and doesn't need to be twisted into something else as that news alone is very encouraging and worthy of its own story.

Timeframes are the next bit (in terms of the DFS route) that I'm super keen to hear about. It will be great to find out how long they expect each stage to take as I can then compare against my own expectations taken from what others I've held/still held have taken.

Exciting times to come what with the remaining assays too.

Firering is Funded to DFS, not production.

First off, I don't personally get into the whole fall in love with the company or CEO line. I don't feel it does you any favours. It doesn't change the SP one bit but does reduce your chances of selling if things turned bad as you might be blinded to the truth.

That said, when it comes to juniors, the company is the man/person in charge imo. They set the tone, but they or rather there style affects everything.

Some CEOs are lifestyle managers who will dilute ysar on year with zero care for the PIs. Others, try to look for other ways to raise funds and if they do dilute, use the money wisely.

Likewise, some are pretty honest, others not to be trusted.

So for me, PJ, while no idol to me, is very much a part of what we are investing in here.

The company and CEO are interwoven.

I've said it before, I would much rather have a CEO who communicates like PJ does, than radio silence.

POW, is evidently doing things very differently from most other junior explorers models. The IPO spin out thing is now a part of POW and for me, I like owning something which, tries a different route at least.

PF, GCAT isnt an AIM company or listed on AIM, its on the main exchange. Not pointing that out to be rude like the spelling police can so often be, but just to help. Because its a small cap its natural to think its AIM listed.

In terms of the SP, I fully expected a drop after re-listing. When a share gets suspended, even if the reason is minor, it naturally reminds a few holders that there "safe bet" (no such thing of course) can in a blink of an eye be gone, or rather funds gone and so on relisting you would expect a few to jump ship, unless some amazing news came out whilst suspended.

In GCATs case, the main news to come out was a loan that no one knew about, or wasn't RNS'd and the fact the money in the bank wont keep the lights on for long. So again, natural to have a few jumpers.

Thing with GCAT and I would imagine any small cap, surely you don't buy them with the short term in mind? Thus long term, if they can get the funding sorted, everything else is on course and all the doom and gloom will quickly dissapear.

Good man RPard