Power Metal Resources Share Discussion Threads

[hazl] 06/1/2021 14:55

...looking interesting.

[the chairman elect] 06/1/2021 13:23

6 January 2021

Power Metal Resources plc

("Power Metal" or the "Company")

Botswana Strategic Joint Venture Update

Power Metal Resources plc (LON:POW) the AIM listed metals exploration and development company is pleased to announce an update with regard to the Strategic Joint Venture ("SJV") with Kavango Resources plc ("Kavango")(LON:KAV) covering precious, base and strategic metal opportunities in Botswana.

Paul Johnson Chief Executive Officer of Power Metal Resources plc commented:

"The Strategic Joint Venture with Kavango is gathering considerable momentum with proactive exploration underway at the Ghanzi Project in the Kalahari Copper Belt and at the Ditau Project.

Power Metal and Kavango are to accelerate the SJV both from an exploration and corporate perspective, including the plans for a potential listing on a North American or UK stock exchange as soon as practicable.

To fund the proactive exploration programmes and the preparation for a listing of the SJV, Power Metal has accelerated remaining payments under the SJV agreement, meaning all financial commitments thereunder have now been satisfied in full, and earlier than initially planned.

Further information in respect of ongoing exploration findings and the SJV listing plans will be provided in the near future."

[richie32] 06/1/2021 12:35

robbiekeane I would expect farm-ins or other partnerships will come into play and there is always the possibility of a t/o

[robbiekeane] 06/1/2021 12:22

I thought it was a good interview, Zak gives the impression he knows what he is talking about and Paul was forthright in his responses. Metals in general are having a good run and it might be just the start.
However, I can't get my head around POW operating 9 different projects on such a meagre budget. They have to be thinly spread.

[hazl] 06/1/2021 07:58

Oh there's always one isn't there that tries to tread on any rise.

I know nothing about management in that respect, of which you speak but I'll look into it.
Are you sure you're not referring to the fact that all gold shares went down in 2014 and before.
ECR was the same as the rest.
You have to get the right sector at the right time.

[harrisun] 05/1/2021 11:47

Like most of my resource stocks this has almost doubled in a few months, but so much further to go.

To me resource stocks are the way to go. They not only shield against Fiat currency that is being printed 24/7 where quantitive easing is devaluation by another name, and where the governments are deliberately setting zero or negative interest rates in order to f up savers but also to ensure their government debts are easily serviced allowing even more fiat currency even more debt....WHICH IS UNSUSTAINABLE.

Allied to that we have the renewable energy and EV situation which will demand that copper in particular reaches prices we would have thought impossible a little while back.

So little companies like this and others, are quite possibly going to be multiples of what some bought at. The art is knowing when to get off. Too many people imo get off too soon, but where resources such as copper may be moving up for the next decade.

Gold and silver prices we know are manipulated to protect these Fiat currencies by issuing bits of paper no different to the fiat currency, so real resources are where its at in my opinion.

This post was posted elsewhere, so its not restricted just to supply of copper, but resources that this world will need in ever greater amounts.

[hazl] 05/1/2021 09:00

Well done POW going against the gloom!

[algernon2] 04/1/2021 20:48

Shame no one asked Paul a question about the Termites and their packed lunch..

[meganxmas] 04/1/2021 20:20

Cant fault the CEO for enthusiasm and to be frank I actually trust what he says. Working really hard to create something very substantial here with a keen eye on costs and fees. Have a small holding but likely to increase going forward. Short / medium term financing not an issue. If you didnt listen worth doing so.

[bigman786] 04/1/2021 18:03

Ok. Whatever.

[ianbag] 04/1/2021 16:45

Amusing really, share price strength and outcome the bashers spouting the usual nonsense. The comments they make clearly show they cant even be bothered to read recent RNS' or indeed look at a website. Comical really. the last two never posted on Power before as far as I can see.

[ianbag] 04/1/2021 16:39

ahem, lots of current drilling ongoing, not too tricky to read about it really.

[goforgold1] 04/1/2021 15:56

Subject to successful exploration outcomes an exploratory drill campaign is anticipated in Q2/Q3 2021.

You have a3 to 6 month wait now for any news good or bad. This will 100% re trace down.

[algernon2] 04/1/2021 14:00

Afternoon Ian, yes hopefully his research is or was misguided.

[algernon2] 04/1/2021 13:08

Dont forget webinar tonight 7pm for any and all questions:



Big q and a Webinar with Paul of Power Metal later on and there should be plenty of questions or info about Haneti and any other project you care to query him on..

So register or dial in and listen. Any questions for Paul feel free to take part. 7pm Today.

When: Monday, January 4, 2021 · 07:00:00 PM · London
Duration: 1 hour 30 minutes
Language: English
Who can attend? Everyone
Webinar ID: 3506b7af38cf
Dial-in available? (listen only): Yes
Dial-in Number: 1 [phone]
Dial-in ID: 847695#
Dial-in Passcode: 9729#

[walter walcarpets] 04/1/2021 10:56

The chart is a thing of utter beauty

[mad foetus] 04/1/2021 10:44

Could make a significant move from here over next week

[richie32] 04/1/2021 10:43

There we go...

[hazl] 04/1/2021 07:35

'The Strategic Joint Venture with Kavango is surging ahead with work completed and announced from the Kalahari Copper Belt, and now from the Ditau Project.

With the Ditau Project we are seeking a discovery of rare earth elements (REEs), which are highly valuable and sought after commodities, particularly from secure and stable jurisdictions such as Botswana. '

I am pleased with this part....it's all about the REE's conducive to the way the energy market is going in my opinion.

h

[broken_arrow1] 03/1/2021 18:31

Still just over 200m warrants to convert at .70p & 1p, will shortly be over 1b shares in issue + the last placing was 6 months ago, must be another due soon.

£25m valuation for a exploration company that has not made any discovery to date ?

Make of it what you will.

[burtond1] 03/1/2021 08:55

12 Companies to follow in 2021Here, we have carefully selected a dozen companies all of which should be worth following over the next 12 months...Companies covered include : #ADAM #DKL #ESC #GILD #HMI #HE1 #MODE #OTMP #ORPH #PNPL #POW #VRShttps://total-market-solutions.com/2021/01/12-companies-to-follow-in-2021/

[fund1] 02/1/2021 17:26

It might have been this one but can't be 100% I have listened to that mulch stuff over Christmas. So if it is this one can't tell you where. I know obviously POW is mentioned in this onehttps://youtu.be/PSHMzg9oO3Y