Power Metal Resources Share Discussion Threads

[kennyruss] 04/10/2019 13:34

Think what you want mate, the facts are the facts - RIO surrounds KKME

[vish65] 04/10/2019 13:19

Easy to spot a member of PJs ramping crew. It means the only real value is entertainment value.

[kennyruss] 04/10/2019 12:53

#POW @PowerMetRes #Nickel#PGM #KKME hold 3 Licences in Botswana After some research @RioTinto have 7 licenses around the KKME Footprint Discovery Metals in the mix #POW has 18% of KKME with option for 50% plus Elephant Scale Nickel & PGM targets - #RioTinto thinks so as well hxxps://twitter.com/StirlingBridgeR

[torp] 02/10/2019 22:37

Always a huge avoid for me when shameless rampers go off citing other companies to try and promote POS stocks. Means they can't cite anything about the share itself. Noirua is a long standing shameless ramper of RRR and RGM, Bell's other 2 companies that have been utterly devastated by relentless dilution and preposterous levels of expenses. That's another huge avoid for me. Shareguru ramps this relentlessly on LSE, always trying to sweep under the carpet the fact that Bell is the Chairman and instead just promoting the merits of Johnson. Poor show. All very laughable to me personally. DYOR

[theshareguru2] 02/10/2019 16:39

Metal tiger was like this to start with hovered around 0.5p But then climbed to 6p before comming right back to 1p. I feel power has alot more going for it, they have 4 excellent projects On the go hopefully a further one soon. Paul Johnson is calling the shots Picking up bombed out price wise acreage, which could be worth a fortune When drilled.

[theshareguru2] 02/10/2019 16:20

Good day hopefully more,will soon be on radar,

[fillipe] 02/10/2019 16:13

One million taken at 0.525p, 15 mins ago....paying over to get a good number. f

[theshareguru2] 01/10/2019 13:30

? If partner metal tiger you never know, pure guess.

[aidenabettin] 01/10/2019 12:13

They need to have a fundraise or farm-in /JV to get money in to buyout the TSI holding in KKME

[algernon2] 01/10/2019 12:11

Looking more hopeful as time goes on. Well done Paul.

[kemche] 01/10/2019 11:18

"Drilling carries risk and the outcome is always uncertain" I am going for "certain".

[noirua] 26/9/2019 09:16

An enthusiastic podcast, in header, as usual from PJ. If I hear those words "Metal Tiger" many more times I'll start writing silly posts like kemche - it wont happen of course. Getting back to basics, POW has ZERO income with cash exiting steadily and no chance of income in the short term. The market cap is low at £1.49 million but somehow it is still too high. Would like to see an asset producing income as with RRR where at least they can sell the crown jewels worth more than the market capitalisation. Has one of the best directors for this type of situation in PJ though MTR shares are on the floor years after he left them. So it does not look spiffing and Thor also on the floor with RGM. Https://www.valuethemarkets.com/2019/09/24/power-metal-ups-the-ante-in-botswana-and-tanzania-as-nickel-prices-continue-to-rise-pow/?utm_content=buffer5b246&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

[kemche] 25/9/2019 12:51

Hogwash from noirua as per usual.

[noirua] 25/9/2019 12:47

Might be worth taking an interest in Red Rock Resources RRR if PJ has the faith past rhetoric indicates in director Andrew Bell in relation to Africa. The Kenya gold interest is close to having a mining license returned and Musonoi Area 1 near Lubumbashi, DRC, looks to be close to a JORC Resource. Otherwise POW is set to drift with 0.3p - 0.35p a short term target. https://uk.advfn.com/cmn/fbb/thread.php3?id=41561690

[noirua] 23/9/2019 14:54

We are in a weak market place for micro-cap explorers and particularly for those with no income or quoted shares that are easily marketable. POW are not yet in a position to sell any assets.

[cpap man] 19/9/2019 19:27

KAV Kavango’s three projects in Botswana offer an excellent diverse potentialfor the discovery of nickel-copper-PGE, copper-silver and rare earth deposits. Listed on the Main Board of the London Stock Exchange (Standard List) - (KAV.L) The Kalahari Suture Zone (KSZ) Project, a 450km long N-S magnetic structure of continental proportions, is a large scale nickel, copper, cobalt and PGE group exploration project in the southwest of the country. It is similar in its geological setting to the giant Norilsk deposits in Siberia. Kavango recently completed two phases of airborne electromagnetic surveys covering over 4,000 line-kms in the northern part of the KSZ. Numerous conductor anomalies were identified and located on the ground; drilling of the most prospective targets is planned for late Q3 / early Q4 2019 The Ditau Camp Project (Ditau) is a 7km long magnetic body with corresponding geochemical and gravity anomalies approx. 50km west of the KSZ structure. It is one of 10 significant ring structures in the two Ditau licences. Two recent drill holes and the discovery by Falconbridge of a carbonatite in the area indicate a large area of alkali intrusive bodies. Carbonatites are generally associated with rare earth minerals. Whilst the Company continues to add value to the project with some low cost (within the current budget) geophysical surveys at Ditau, the medium term plan is to attract a joint venture partner. The Kalahari Copper Belt (KCB) extends in a northeast-southwest direction for at least 1,000 km from western Namibia to north-eastern Botswana. The KCB contains known sediment-hosted copper-silver deposits two of which are currently being developed into mid-tier copper-silver mines. Kavango will carry out geophysics surveys and soil sampling to identify copper hosting anticline structures. The KCB Project is the subject of a recently signed MOU with a private Botswana company, who hold two strategic but unexplored PLs in the KCB area, whereby Kavango can earn an interest in the two licences by spending funds on exploration. Conclusion Kavango’s three projects in Botswana, the Kalahari Suture Zone, the Ditau Camp Project and the Kalahari Copper Belt, offer an excellent diverse potential for the discovery of nickel-copper-PGE, copper-silver and rare earth deposits. Botswana is recognised as the best jurisdiction in Africa for business and with the Company’s very experienced management team the chances of success are high.

[nobbygnome] 20/8/2019 19:35

Prudent cash management....

[torp] 20/8/2019 19:26

Nobbygnome: "So no funding required in the immediate future. As usual Shareprophets are wrong......" Really, how do you reach that conclusion ? I suspect you are interpreting this statement of the RNS: "The Company has no material debt and a secure working capital position." What does that actually mean? A "secure WC position" could simply mean that they are comfortable in their ability to raise cash from equity issues. What did the company reports tell us about cash? The recent Half Year Report (to 31 Mar) stated Cash and Cash Equivalents as just £689k Https://www.powermetalresources.com/Uploads/2019-06-11-5320-ABM%20Interims%2031%20March%202019.pdf If there was £689k cash in the bank on 31st March, why did they just (9th Aug) have to issue 9.8m shares to pay down fees of just £58.9k ? Seems a bit squiffy don't you think? Surely the rational answer is that the cash has been used up in which case they will be coming cap in hand with the next load of confetti soon enough or do you have some other explanation?

[rookie666] 20/8/2019 10:39

I'll say this much about Johnson, he's one hell of a marketeer. Vish, look at THR this 9 bagged from its Dec-16 low. OK, its down again now but at the end of the day it doesn't make sense holding on to any mining share for to long - if it make a good profit sell it. He also banged on about GGP which is doing well. Puff or no puff if he gets the share price to rise and we can all make a few bob then I'm game....

[vish65] 20/8/2019 10:26

You can add this to Johnsons long list of fantastic companies LION , CGNR, SCRO, ARKLE, ROCK, THR. Trouble is he cant tell the difference between fantastic and fantasy.

[nobbygnome] 20/8/2019 07:34

So no funding required in the immediate future. As usual Shareprophets are wrong......