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Share Name Share Symbol Market Type Share ISIN Share Description
Power Metal Resources Plc LSE:POW London Ordinary Share GB00BYWJZ743 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.15 -6.52% 2.15 13,602,030 14:48:53
Bid Price Offer Price High Price Low Price Open Price
2.10 2.20 2.26 2.05 2.25
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.01 -1.41 -0.25 24
Last Trade Time Trade Type Trade Size Trade Price Currency
16:28:07 O 1,500,000 2.25 GBX

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Date Time Title Posts
03/3/202116:00POWER METAL RESOURCES PLC27
03/3/202115:14POWER METAL RESOURCES PLC 882

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2021-03-03 17:15:002.251,500,00033,750.00O
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2021-03-03 17:15:002.201,000,00022,000.00O
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2021-03-03 16:28:092.2054,4551,198.01O
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Power Metal Resources (POW) Top Chat Posts

DateSubject
03/3/2021
08:20
Power Metal Resources Daily Update: Power Metal Resources Plc is listed in the Mining sector of the London Stock Exchange with ticker POW. The last closing price for Power Metal Resources was 2.30p.
Power Metal Resources Plc has a 4 week average price of 2.05p and a 12 week average price of 1.95p.
The 1 year high share price is 3.45p while the 1 year low share price is currently 0.18p.
There are currently 1,135,917,930 shares in issue and the average daily traded volume is 7,327,718 shares. The market capitalisation of Power Metal Resources Plc is £24,422,235.50.
22/2/2021
20:10
the stigologist: More confetti 22 February 2021 Power Metal Resources PLC ("Power Metal" or the "Company") Exercise of Warrants Power Metal Resources PLC (LON:POW) the AIM listed metals exploration and development company is pleased to announce it has received notices to exercise warrants over 13,150,000 new ordinary shares of 0.1 pence each in the Company ("Warrant Shares"). The Warrant Shares are being issued pursuant to the exercise of 7,150,000 warrants at an exercise price of 1.0 pence per ordinary share of 0.1 pence each in the Company and the exercise of 6,000,000 warrants at an exercise price of 0.5p pence per ordinary share of 0.1 pence each in the Company.
06/2/2021
14:29
noirua: The difference between Red Rock Resources PLC and Power Metal PLC is quite stark beyond the equal interest in the Australian tenements. Number one is that RRR carries a lot of baggage from the past and POW has succeeded in unloading it. Also, POW has a happy situation where warrants are being converted in bucket loads and RRR none at all. Further to this is that RRR CLNs are converted and no cash rolls in and assets held are quickly being held by others against loans. POW has a good clear record and no failures so far. RRR has a record that is far less clear and a lot of detractors in their audience. Both POW and RRR have leaders who came through the mining downturn starting in early 2011 and carrying on through to early 2020 - quite a journey that I travelled on and survived myself only due to Felix Resources providing much bounty in 2008/2009. POW now has high expectations on finds on their tenements, percentage holdings in companies and exploration areas explored by others. Finances remain set reasonably fair but cash needs are uncertain as exploration continues and possible sale of part of the Australian interests. That is the high-risk factor together with commodity prices. RRR has many assets at varying stages that may well come off combined with concern over the company cash levels - the Steelmin and Greenland failures have not yet been forgotten. The bus will stop at many stops but they may get chucked off if they can't pay the fair unless someone subs them as assets against loans are running out. If it doesn't come off then mining these in North Canada, Greenland or Iceland is possibly a good move: Even Tesla (NASDAQ:TSLA) CEO Elon Musk is a big fan. Last week, he affirmed his support for bullish Bitcoin price predictions, saying that Bitcoin is “on the verge of getting broad acceptance by conventional finance people.” Https://uk.advfn.com/p.php?pid=staticchart&s=COIN^BTCUSD&p=0&t=24 Https://uk.advfn.com/p.php?pid=staticchart&s=COIN^BTCUSD&p=2&t=24
05/2/2021
09:51
noirua: I'm not a lover of the share warrant situation as they are converted at a discount of up to 70%. However, these warrants were issued when the share price was just 0.5p and 0.45p and the shares were available to purchase well below those prices. Those who buy now have to realise that if a large number of warrants are converted, as held by Red Rock Resources PLC, then the share price is vulnerable. The interview today only highlighted what was already known. As mentioned by the company's CEO the assay results due, some time in the future is what matters. Remember, as yet, that POW has no gold, silver, or copper - it may be in the ground and we must just wait and see.
03/2/2021
16:01
the_debt_collector: What would happen if POW were to do a placing at 1p right now, raising £1.4m by issuing 140m shares, the 'loyal' shareholders would go nuts. Well this is exactly what is happening, there are 140m warrants priced at .70p and 1p strike outstanding, a fair slug. Johnson has lost control of the share count, ridiculous strike prices and massive dilution just to satisfy a handful of SI and FE chummy 'clients' who cough up each and every time. The warrant model is flawed except Johnson (and various other AIM CEO's) cannot see it, without the warrant overhang the share price may be 5p-6p right now, Johnson could then place HALF the shares and raise the same funds even allowing for the usual placing discount. Johnson needs to review this model, at the very least 50% warrants, higher strike prices, shorter expiry + a no nonsense accelerator clause. There is no doubt the warrant model/overhang is deterring many market operators. My advice, this time, is free.
02/2/2021
14:32
skiboy10: SP Angel Morning View Power Metal Resources* (POW LN) 2.7p, Mkt cap £27.8m – Further exploration progress at South Ghanzi Kavango Resources (KAV LN) 2.7p, Mkt cap £8.3m Power Metal is continuing to progress its South Ghanzi Project as part of a 50:50 strategic joint venture with Kavango Resources on the highly prospective Kalahari Copper Belt (KCB). The project includes two prospecting licenses covering an area of 1,294 km2 which includes lengthy geological redox boundaries, close to surface that represent prospective exploration targets. The JV now intend to conduct an airborne electromagnetic and magnetic geophysics survey in parallel to ongoing ground exploration work which includes intensified soil sampling around target areas in order to advance the project and fast-track initial drill targets. Kavango has signed a contract with SkyTEM Surveys to conduct 1,173km of airborne electromagnetic and magnetic geophysics survey over the project, which have previously been instrumental in helping other companies identify significant copper mineralisation and copper deposits in the KCB. Survey flights are due to commence this month, alongside ongoing soil sampling and ground survey programmes. The JV also expects to commence work on an Environmental Management Plan which will allow the drilling of key targets subject to positive outcomes from the current exploration work. Paul Johnson, CEO of Power Metal Resources commented: "Both Kavango and Power Metal are eager to push ahead with ground exploration in the KCB, with the South Ghanzi Project demonstrating geological features similar to recent major copper/silver discoveries in the area. In addition to exploration progress and in preparation for the potential listing of the JV on a recognised stock exchange, holding companies for the SJV have now been established with Kanye Resources Pty Ltd in Botswana and Kanye Resources in England.
04/12/2020
11:17
the chairman elect: KAV & POW LSE:KAV & LSE:POW Power Metal Resources* (POW LN) 2.15p, Mkt cap £20m – Field exploration commenced on the Kalahari Copper Belt Kavango Resources (KAV LN) 2.85p, Mkt cap £5.5m Power Metal has commenced exploration fieldwork on the South Ghanzi Project, on the Kalahari Copper Belt (KCB) in northwest Botswana. The two prospecting licenses at South Ghanzi are held in a 50% owned strategic joint venture with Kavango Resources, as announced September 2020. The JV's highly prospective South Ghanzi licences are strategically placed in the centre of the KCB, a strata-bound copper-silver trend extending over 1,000km along the northern boundary of the Kalahari carton in Botswana and Namibia. The JV's highly prospective South Ghanzi licences are strategically placed in the centre of this trend and in close proiximity to other exploration targets and resource projects. Field based exploration activities targeting the discovery of sedimentary copper deposits have recently commenced under the operational management of Kavango, with both soil sampling and ground magnetic geophysics surveys which seek to delineate regional targets for future AEM surveying. 335 soil samples have been taken across six lines, totalling 33.5km.The samples were sieved to 50 microns and are now being analysed using a portable XRF Analyser. Selected samples will then be sent to a laboratory for further testing. Ground magnetic surveys were also conducted over 68.8km, with the survey covering a number of sub-outcropping redox boundaries- typically associated with copper mineralisation. Line spacing was set at 200m, with 10m-station spacing. The survey data is now being processed and plotted. Results from the laboratory testing of the soil samples and the reprocessing of the ground magnetic data are expected later this month. The JV expects to conduct AEM surveys over prospective sections of the South Ghanzi project in the New Year, and will work towards test drilling of shallow targets once a 3 dimensional exploration model has been developed following the completion of the aforementioned exploration activities. In recent years, the KCB has attracted substantial exploration interest, including Cupric Canyon Capital's Zone 5 deposit, which hosts a Total Mineral Resource of 91.7mt @ 2.1% Cu & 14g/t of silver. In July, Cupric raised US$650m for the construction of the Khoemacau Starter Project with previously announced plans to begin mining Zone 5 in mid-2021. Michael Foster, CEO of Kavango Resources, commented: The region has become one of the world's foremost frontiers for copper exploration, hosting a number of world-class discoveries. We are targeting similar geological formations that have been shown to host economic deposits elsewhere on the KCB. Paul Johnson CEO of Power Metal Resources has previous experience exploring in the area, commenting: Personally, I am delighted to return to the Kalahari Copper Belt and follow a similar pathway with this programme to that leading to the discovery of the T3 copper deposit in 2016 whilst I served as CEO of Metal Tiger plc, a joint venture partner in that discovery.” Conclusion: Power Metal and Kavango have taken further steps to progress exploration on the KCB, an area which is proven to hold world-class copper-silver deposits. Copper prices are currently sitting at a 7-year high, and we expect prices to remain elevated in 2021 and potentially beyond given the need for new copper discoveries. We look forward to lab results of the soil samples and reprocessing of the ground magnetic data, expected later this month. *SP Angel act as Nomad and broker for Power Metal Resources
04/12/2020
07:33
the chairman elect: POW version 4 December 2020 Power Metal Resources plc ("Power Metal" or the "Company") Kalahari Copper Belt - Exploration Update Power Metal Resources plc (LON:POW) the AIM listed metals exploration and development company is pleased to announce the commencement of exploration fieldwork on the South Ghanzi Project ("South Ghanzi" or the "Project) on the Kalahari Copper Belt ("KCB") in northwest Botswana. South Ghanzi comprises two prospecting licences PL036/2020 and PL037/2020 (total area 1,294km2) held in a 50% owned strategic joint venture ("JV") with Kavango Resource PLC ("Kavango"), as announced 21 September 2020. The JV holds of a total 2,680km2 portfolio of base and strategic metal project interests in Botswana which include the South Ghanzi project. Exploration Rationale The Botswana KCB is an emerging world-class exploration province for strata-bound copper-silver deposits with a trend extending over 1,000km along the northern boundary of the Kalahari carton in Botswana and Namibia. The JV's highly prospective South Ghanzi licences are strategically placed in the centre of this trend and are located immediately adjacent and interstitial to exploration targets and resource projects held by Sandfire Resources who recently committed to the commercial development of the T3 Copper-Silver Project (30km from JV) and to the regional Motheo Production Hub strategy targeting satellite high-grade copper deposits such as their A4 Maiden Resource Project (approximately 20km from the JV). HIGHLIGHTS - Field based exploration activities targeting the discovery of sedimentary copper deposits at the South Ghanzi Project have recently commenced under the operational management of Kavango. - Workstreams consist of soil sampling and ground magnetic geophysics surveys which seek to delineate regional targets for future airborne electromagnetic ("AEM") geophysical surveying. This is the same exploration strategy which led to the discovery of a number of the neighbouring copper deposits. - JV Project comprises 1,294km2 of highly prospective ground held under licence PL036/2020 and PL037/2020. - Mobile exploration fieldcamp has been established on the outskirts of Ghanzi town. - To date, initial soil sampling has completed with 335 samples taken over 33.5 line km (on six lines at 100m spacing) over targeted areas selected on an interpretation of geological structures from regional magnetic and geological mapping data. - Encouragingly only thin overburden Kalahari sand cover has been encountered to date with soil samples tested by a portable X-ray fluorescent analyser ("XRF") ahead of being selected for assay at an accredited laboratory. - Ground geophysics completed to date, and currently being processed, consists of 68.8 line km of magnetic survey based on 200m line spacing and 10m survey stations targeting potential geological reduction-oxidation (redox) boundaries and deformation zones which are considered prospective for the concentration of copper mineralisation. - Results of sampling and geophysical surveying will be published as soon as available. Paul Johnson Chief Executive Officer of Power Metal Resources plc commented: "We are very excited to undertake ground exploration work at the South Ghanzi Project, our highly prospective joint venture tenements on the Kalahari Copper Belt. The tried-and-tested regional exploration strategy of soil geochemistry, ground geophysics, follow-on airborne electromagnetic surveying techniques and drilling, has led to the discovery of a number of the high-profile adjacent copper deposits in close proximity to the JV. Personally, I am delighted to return to the Kalahari Copper Belt and follow a similar pathway with this programme to that leading to the discovery of the T3 copper deposit in 2016 whilst I served as CEO of Metal Tiger plc, a joint venture partner in that discovery. With this programme in full swing, yet another Power Metal project is the subject of proactive exploration in the search for a large-scale metal discovery."
16/11/2020
15:04
hazl: Power Metal Resources Share News (POW) 4 Buy Sell Share Name Share Symbol Market Type Share ISIN Share Description Power Metal Resources Plc LSE:POW London Ordinary Share GB00BYWJZ743 ORD 0.1P Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade 0.15 7.89% 2.05 2.00 2.10 2.10 1.90 1.90 5,006,185 14:43:00 Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m) Mining 0.0 -1.6 -0.5 - 17 Print Alert Power Metal Resources PLC Molopo Farms Complex - Drilling Progress Update 16/11/2020 2:30pm UK Regulatory (RNS & others) Power Metal Resources (LSE:POW) Intraday Stock Chart Monday 16 November 2020 Click Here for more Power Metal Resources Charts. TIDMPOW RNS Number : 4682F Power Metal Resources PLC 16 November 2020 16 November 2020 Power Metal Resources PLC ("Power Metal" or the "Company") Botswana Molopo Farms Complex - Drilling Progress Update Power Metal Resources PLC (LON:POW) the AIM listed metals exploration and development company is pleased to provide a drilling update confirming completion of the first hole (KKME 1-14) at the Kalahari Key Mineral Exploration Pty Ltd ("Kalahari Key" or "KKME") Molopo Farms Complex Project (the "Project" or "MFC Project"), which is targeting prospective massive nickel sulphide and platinum-group metal ("PGM") mineralisation in Botswana. HIGHLIGHTS - The first hole (KKME 1-14) of a planned 2,505 metre four-hole programme has been completed successfully and achieved target depth of 520 metres with near 100% core recovery. - The suite of rocks encountered in KKME 1-14 has successfully confirmed the proposition that the geology at the MFC Project is that of a feeder zone. - About 167 metres of ultramafic rock, a potential host for PGMs and nickel, has been encountered below an altered contact around 41 metres down hole. Samples to be prepared and assay tested. - Downhole geophysics to be undertaken at the end of hole to identify and clarify the conductive structures around and below the 520 metre hole depth.
15/10/2020
14:25
noirua: POW have much on the go here and probably a bit more than their present cash position should be able to allow. The float of the Australian assets on TSX will cost about C$600,000 ( shared with Red Rock) and the reason most very small gold exploration companies go for the smaller junior CSM market. However, trading the CSM is difficult from the UK and nearly all UK brokers don't allow it. So maybe the better call for a float there in the first half of 2021. Valuing Aussie tenements at this stage and especially what is bare scrub land only explored over 100 years ago is very difficult. If the gold price gets back into gear next year then it should come off OK. Maybe now isn't the right moment anyway as the gold and silver price is moving quite sharply up and down at lower levels. The present POW share price is starting to expect more and more. May well continue its upward march but is getting higher and higher risk.
17/7/2020
11:15
cpap man: KAV & POW LSE:KAV & LSE:POW SP Angel . Morning View . Power Metals Resources* (POW LN) – 0.6p, Mkt cap £3m – Power Metals converts loan into 4.75m shares in Kavango Resources Kavango Resources (KAV LN) 1.44p, Mkt cap £2.7m Power Metals has converted its £38,000 loan in Kavango into 4.75m new shares in Kavango The loan was part of its acquisition for a 51% interest in the Ditau Camp project which was wholly held by Kavango in Botswana Power Metals is subscribing for a further 4.75m warrants with an exercise price of 01p with a three-year term. Kavango Resources shares are at 1.44p today with a market cap of £2.7m Kavango is led by Mike Foster and Mike Moles. Foster is ex Reunion Mining, ZincOx, Copperbelt Minerals and Casa Minerals. Moles is ex Delta Gold, Reunion Mining, Lonmin and Riversdale The team are using the latest geophysical techniques to search for large-scale Bushveld-Igneous intrusion type deposits under the Kalahari Sand in Botswana. They have amassed sizeable licenses along the Kalahari Suture Zone ‘KSZ’ and are working with Mira Geoscience to analyse data covering 2,238km2 of the northern section of the KSZ to develop a model capable of identifying the most promising targets for follow-up using high powered, low frequency ground EM surveys to identify mineralisation prior to drilling. Conclusion: Paul Johnson has a nose for good geology and the potential for discovery in Botswana. His investment in Kavango may well prove to be a wise one.
Power Metal Resources share price data is direct from the London Stock Exchange
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