Navigating Challenging Market Conditions: Power Metal Resources' Strategy for Success - with Tristan Pottas and Sean Wade - a podcast by Rob Tyson
from 2023-09-06T23:00
In this episode we chat to Sean Wade CEO of Power Metal Resources and Tristan Pottas, CEO of First Development Resources.
Power Metals Resources are a London Listed Metals Exploration and Development Company which finances and manages global resource projects and is further seeking large scale metal discoveries. The Company has a principal focus on opportunities offering district scale potential across a global portfolio including precious, base, strategic and energy metal exploration in North America, Africa and Australia. Project interests range from early-stage greenfield exploration to later-stage prospects currently subject to drill programmes.
First Development Resources, who are a UK based, Australian focused exploration company with early stage interests in WA and NT and owns three highly prospective copper-gold projects in the region.
Both Sean and Tristan give a great summary of both companies current activities and the short term outlook of the projects they are involved in across their portfolio.
KEY TAKEAWAYS
- Power Metal Resources is a London-listed metals exploration and development company that focuses on opportunities with district-scale potential across a global portfolio, including precious metals, strategic metals, and energy metals.
- The company operates in various jurisdictions, including North America, Africa, and Australia, and has a diversified portfolio of assets in commodities such as uranium, lithium, gold, copper, and more.
- Power Metal Resources follows a project incubator model, where they invest in early-stage mining projects, undertake cost-effective exploration, and then monetize the value created through spin-outs, IPOs, or strategic partnerships.
- The company is actively engaged in exploration programs across its portfolio, with upcoming milestones including updates on the Northwind Lithium asset, Tati gold exploration in Botswana, and the uranium exploration program in the Athabasca Basin.
- First Development Resources (FDR) is a subsidiary of Power Metal Resources focused on early-stage exploration in Australia, particularly in Western Australia and the Northern Territory. FDR aims to make significant discoveries in gold, copper, and base metals, and is ready to commence exploration work once it completes its IPO listing.
BEST MOMENTS
"We are more of a project incubator…unlike a conventional mining company…we seek to crystallise the value that we create in those processes and monetise that for shareholders."
"Fundamentally, what investors are looking for is an investment on the huge global economic transition to green energy…the big theme in mining really is transitioning to a greener and lower carbon world."
"We have early stage projects in Western Australia where we're focusing on copper, gold, and base metals, which is neatly complemented by our Northern Territory Transition Metal project, which is the CELTA project."
"We're part of a bigger stable…having that relationship with Power will also give FDR exposure to the resources which also contribute to Power's success."
"We're ready to go…we are ready to go for several months in terms of the documentation…we're speaking to everybody who potentially could help us through the powers network, through FDR's network, through all of our networks, with a view of getting this on market as soon as we possibly can."
VALUABLE RESOURCES
https://www.powermetalresources.com
@PowerMetRes
https://firstdevelopmentresources.com
@FirstDevRes
info@firstdevelopmentresources.com
mailto:rob@mining-international.org
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Rob Tyson is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specialising in all areas of mining across the globe from first-world to third-world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our clients' organisations in any mining discipline or level. Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace.
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