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Power Metal Resources PLC (POWP)

London
Currency in GBP
Disclaimer
14.5000
-0.5000(-3.33%)
Real-time Data

POWP Price Commentary

wtf
split. nothing exciting
I read and analyse myself....very optimistic about
Wouldn't trust an Arab anyway
Well worth looking at now as they are about to launch at least 2 IPOs prior to Christmas in which POW hold 83% and circa 51% .IF they launch at 10pps rhen POW will add up to £14 million to its coffers.
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.
It is entirely possible that we will have some surprisingly unexpected annnouncements within the next couple of months-plus we can expect the company to sign off valuations of existing assets (and one or two more,including the yet to be announced European asset?) sometime around the end of DEC., JAN.,-That will be most interesting.It will take just one major find to move the sp,two will do wonders for the sp-bearing in mind the current mkt malais.At some point the sp will take off as realisation for the worlds forecast demands becomes actual..
they could announce the discovery of Atlantis and this share wouldn't move.
Well put.... That is how it feels at the moment. But eventually the maker has to wake up to the value being created.
Patience is the key with POW but my own opinion is it'll be worth the wait . Hopefully we will see an uplift in the share price before the end of the year as more exploration and results arrive .Good luck everyone. Enjoy the weekend.
the amount of information concerning licence aquisitions coming through is huge and bodes well for the companies exloration future.Although it means much time will be spent on discovery drilling licence applications etc., so a long term hold with numerous serious COS operations .
Paul Johnson - Over £400,000 personal cash invested in PowerMetRes circa 60% of it (£240,000) buying on market.
I like to see the Directors heavilly invested in a company - Edmund Shaw, Non Executive Director of the Company, purchased 500,000 ordinary shares in the Company on market at a price of 2.2p
I do too, but that's only £11k of his own money he's committing tbf
Power Metal snaps up two exploration properties in prolific Walker Lane mineral belt
A very short sighted approach taken by the Chairman today when looking at commodity prices over medium term.
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