Power Metal Resources PLC (POWP)

  • Volume:
  • Bid/Ask:
  • Day's Range:
    0.9000 - 0.9000

POWP Overview

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52 wk Range
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1-Year Change
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Next Earnings Date
16 Aug 2022
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Power Metal Resources PLC Company Profile

Power Metal Resources PLC Company Profile


Power Metal Resources PLC is a United Kingdom-based metals exploration and development company. The Company is focused on project interests including gold exploration in North America, Australia and base metal exploration in Africa. The Company has a portfolio of interests in Australia, Botswana, North America, The DRC and Tanzania. The Company is focused on cobalt, copper, gold, nickel, platinum group metals (PGMs) and silver opportunities. Its drilling program is at the Molopo Farms Complex Project in Botswana, the Silver Peak Project in Canada and the Haneti Nickel Project in Tanzania. Its exploration program is at the Kalahari Copper Belt and Ditau Projects in Botswana, the Alamo Gold Project in Arizona, United States of America and the Kisinka Project in The Democratic Republic of the Congo. Its Rock Resources Australasia (Pty) Limited (RRAL) consists of license applications covering approximately 2,188 square kilometer in Victoria Goldfields.

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Technical Summary

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  • Such a poorp price for the. assets held and those being put into play,IPOs, there is danger of a preditotry take out bid around the 2.5/ 3.5p mark.
    • POW have stated the first IPO will completed by the end of June.
      • One further point of interest is the following fact-The 4 basic IPOs were all registered for listing on AIM prior to the 4th Dec.,so can be listed with a minium mkt cap of £750,000. Now the FCAs minimum is £30 million mkt cap.So far POW has the 4 companies registered for listing,now,POW has also published that it intends over the coming year, 2023, to list 4 + or -2 more companies,if they are to be listed on AIM then that hive off stands at a prospective of adding £120m gross to the then mkt cap of POW.Yet another resaon why I think POW is well under valued so worth investing in.I did think that GMR would be first for llisting,now I understand it will probably be one of the others
        • The current share price is ridiculous in comparison with the declared and known assets and potentail POW holds. 4 IPOs due this year all in the process of optimisation for their due listings. GMR is well on the way towards being listed first.POWs sp is currently at bargain basement prices 1.3/1.4pps, those buying now will in my view double their money within the short term.Once the market turns its attention to miners needing to renew their resource material on the realisation of increasing demand set against shortening world supplies POWs share price will start to run upside the norms of market response. It is easily possible to see POW value reach towards the region of a £100million,roughly 5 times the sp in real terms without market buzz attached.Initial target 5p to 8pps
          • One of the first IPOs will be GMR which raised pre IPO funds of £750,000 so absolving POW of further expenditure. The description 'projects' has changed to packages as each package consists of a number of projects,in the case of GMR the IPO package consists of 7 projects.Should any reasonable finds be made then GMR IPO sp should double if not quadruple so giving POW an healthy return on its investment into GMR as they now hold 83%.The same goes for the other 3 planned IPOs with luck we could see POW sp increase towards the 5p/7p region?EOE
            • Just looking at the pre-profitability ratios. All I can say is wow.
              • 1-13kg of silver per tonne on the assay results, which they had to send to be specially analysed and the share price barely moves. I am loading up.
                • The number of projects are now 14 with the aquisition of another Uranium-REE- project based in Ausraliafor a subjective total of £500,000.POWs Athabasca U project with 7 sub projects cost less than £20,000 ! So what extra value will the Athabasca project now add to the bottom line.They are awaiting assay results on 3 of the sites so far investigated in Athbasca basin .On any POW RNS go to Editors notes scroll down and see latest position of the activities li
                  • Pow have indicated that 4 IPOs will have been completed around end FEB -/+ 2022 which is some going thay are all for major resouces.They are financial concentric with some £3million cash in the bank. It is well worth checking out their website.The sp is so low as to be silly beyond beleif.They have 13 projects in 6 countries on 3 continents xploiting to drfinr 10 commodities.
                    • This conpany looks very promising, only found it couple weeks ago,🤞
                  • Todays RNS on the Athabasca Basin and Uranium shows POW are very keen to get a move with exploration.Also for the first time at the end of the RNS under Editors Notes there is a list of the companies projects and what news to expect next;Unusual for Editors notes,very useful for the information given, saves a lot of cross referencing research.