Power Metal Resources Share Discussion Threads

[algernon2] 14/6/2021 18:40

Looking forward to the next AGM where we can all (hopefully) attend in person and we can put some faces to names here.
Welcome aboard all fellow Travellers young and old.

[scaramonga88] 11/6/2021 13:34

More added...

[someuwin] 11/6/2021 11:04

Can buy £2k. But not £3k.

[noirua] 06/6/2021 15:39

Only posted to get an idea what other companies are doing in the area. Wishbone can now drill and it is worth watching out for their results.
Wishbone Gold advances at Paterson:

---
PATERSON PROVINCE - FIRST DEVELOPMENT RESOURCES Pty LIMITED

Power Metal Presentation May 2021:

The Paterson Orogen is located in Western Australia and is situated between the Pilbara Craton to the southwest and the Canning Basin to the northeast.
Map:

28/04/2021 - Power Metal Resources will acquire an effective 75% interest in First Development Resources (PTY) Limited in Australia. This interest will be held through a 75% interest in a newly created UK private company, ("FDR UK"), which will ultimately hold 100% of the issued share capital of FDR Australia. The remainder 25% of FDR UK will be held by the vendors and associated parties, as outlined below.


Work is being undertaken to finalise Heritage Agreements in respect of the Wallal Project (E45/5816 – Licence Application) and, subject to a successful outcome, this is expected to be one of the final steps prior to receipt of a granted licence for the Wallal Project.

The acquisition of FDR Australia will not be undertaken until the Ripon Hills Project has been successfully transferred into FDR Australia and a granted exploration licence has been received by FDR Australia in respect of the Wallal Project.

The Power Metal exploration team has been engaging with the Vendors and their advisors to undertake planning for exploration work across the Ripon Hills Project (E45/5088 – Granted Exploration Licence) and, subject to the grant of an exploration licence, the Wallal Project. This included liaising with the in-country geological and geophysical consulting firm Resource Potentials which conducted a detailed desktop study on behalf of the Company.

Plans are to list the company as a gold listing on the London market.

[noirua] 04/6/2021 18:59

castleLSE, There appears to be a battle between 'incredible' and 'incredulous'. Believing and not believing. The not believing is fine if its so incredible one can hardly believe it. However, if it is achieved or not achieved and people cant believe how a person got away with it all and still survived, it's quite another matter. Happily the former looks to be the case here at POW.

[castlelse] 04/6/2021 16:29

Another director buy wow

[castlelse] 04/6/2021 10:17

Noirua always a great sign when the owners so heavily involved. I don't know how Paul Johnson gets his drive .he's incredible!

[noirua] 04/6/2021 09:34

Shareholder transactions in Power Metal Resources PLC

[noirua] 03/6/2021 18:40

Kavango Executive Director gives an exploration update on Copper/Silver project in Botswana #KAV

[castlelse] 03/6/2021 09:37

Some good news for kavango

[mikedon1946] 02/6/2021 19:06

Walter,
Bang-on my one-a-day, a interesting year ahead, be interesting how the price moves as we develop and spin off these finds, should be good, I hope so as I would lose if I sold now but expect to double or better.

I do not understand why we go down on good news, but that is the market for you.

Be patient all good things will come.

[tomtum1] 02/6/2021 16:45

850k buy this afternoon

[walter walcarpets] 02/6/2021 12:40

Paul is a workaholic, constantly adding value to the business. He is also heavily invested. It's a good combination.

[tomtum1] 02/6/2021 12:35

I really like the fact they have their hands in so many pies . One or two have to come up trumps

[scaramonga88] 01/6/2021 23:08

And many a spin off (i.e. Kanye). I suspect that is where the biggest growth and value will come from in the medium to long term, if they find anything it will be a bonus..

[algernon2] 01/6/2021 19:21

Very poetical Noirua.
Here's to Worms and Robins and Bushes all being aligned.

[noirua] 01/6/2021 13:05

Apart from market conditions the reason for the present share price appears to be that all the projects are 'maybe projects'. Almost everything apart from cash held and saleable shares is very much in the bush and the bird-in-the-hand has not yet landed. The digging has attracted a robin or two...eleven but they watch and not yet a worm to be seen.
Having said that there are many bushes and many a robin a watching.

[noirua] 01/6/2021 09:41

Header is updated to the latest RNS today.

[algernon2] 28/5/2021 09:47

"DRC bans export of cobalt, copper concentrate.."




Kisinka?!! In the words of the song: " There may be trouble ahead....."

[the chairman elect] 27/5/2021 07:55

KAVANGO RESOURCES / LSE:KAV PLUS POWER METALS / LSE:POW [sector = commodities]

Palace Pete26 May '21 - 11:41 - 2721 of 2723

Any links to the live chat yesterday.

Skiboy1026 May '21 - 18:09 - 2722 of 2723



Ben Turney the Executive Director at Kavango Resources presented at the May London South East Natural Resources Webinar 25.05.21. He made the pitch for Kavango or #KAV, who are targeting the discovery of world class mineral deposits in Botswana.

Kavango are active in the Kalahari Suture Zone and the Kalahari Copper belt. In the KSZ they are proving the use of innovative remote sensing technologies to find metal sulphides deep underground. In the Copper Belt they are working in two separate JV's, with Power Metal Resources #POW and LVR Geo Explorers, exploring for nickel and copper sulphides.

[noirua] 26/5/2021 11:59

Power Metal Resources PLC Interim Results for 6 months ended 31 March 2021

£594,000 ----- Loss from operating activities
£21,518,000 -- Accumulated losses
£228,000 ----- Total liabilities

£2,790,000 --- Net cash flows from financing activities
£1,054000 ---- Net increase in cash and cash equivalents
£1,182,000 --- Net cash used in investing activities
£554,000 ----- Net cash used in operating activities for the six month period
£1,967,000 --- Cash in the bank at 31 March 2021.

£589,000 ----- Total comprehensive expense for the period

Total assets £4,804,000

[noirua] 23/5/2021 12:39

Boadicea Resources also looking forward to exploring at Paterson:
20 May 2021

[noirua] 20/5/2021 15:41

Fraudsters peddling fake Interactive Investor and ING Bank investments, warns Which?
12 May 2021
Read more: - Which?

[someuwin] 14/5/2021 15:25

StockBox @StockBoxMedia

Power Metal Resources CEO Updates on the South Ghanzi Copper Exploration #POW #Copper