Member Info for 99icecream

World Wide Patent - I have not heard of that one.

WIPO (World Intellectual Property Organization) which may be what you mean does not grant patents. Its aim is to help ensure the process of getting a foreign patent is easier and helps the applicant determine if a foreign patent is likely to be granted (so that expensive application fees can be avoided if the application is unlikely to succeed).

IMHO Apertura is very much about Conterp (not Corcel). Conterp is a substantial Oil Services firm with 700+ employees mainly working in Brazil. Corcel is a small E&P company with 20+ employees operating in Angola (the Gilbert interest is only about 2% of the shares here).

Ideally, Apertura will buy Conterp (for shares) and as a result Conterp will gain a listing. Conterp will need to partner a major E&P firm going into Venezuela (the obvious one would be Petrobras who it works with in Brazil). So, ideally both the Conterp sale and the Venezuela plans are immanent. Any E&P ambitions would follow later. (all IMHO).

FWIW - Lionheart Holdings (CUB) website:https://www.lheartholdings.com/

Lionheart holdings has raised $230 million so at $282 million market cap is a 23% premium to that.

The Current Market Cap of Lionheart Holdings (CUB) is about $282 million, they are targeting a higher market cap, but (like Apertura) they need to buy appropriate assets to become a viable business.

Louis Watum Kabamba - he's DRC not RC. Mines Minister is Pierre Oba !

If a patent granted by the EPO (European Patents Office), in can be validated in any of the member countries of the EPO, which are shown below. Validation is an administrative process, which may include submission of paperwork and payment of fees in the country concerned.

EU Member States: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden.

Non-EU Member States: Albania, Iceland, Liechtenstein, Monaco, Montenegro, North Macedonia, Norway, Republic of Moldova, San Marino, Serbia, Switzerland, Türkiye, and the United Kingdom.

Non-EU Member States

Albania, Iceland, Liechtenstein, Monaco, Montenegro, North Macedonia, Norway, Republic of Moldova, San Marino, Serbia, Switzerland, Türkiye, and the United Kingdom.

As I understand it there is a process for validating European patents in Morocco, so the next step, is to obtain patents in Europe and other areas.

"Through its advisors (Gill Jennings & Every LLP) Emmerson Plc has filed an extensive portfolio of patent applications intended to protect its valuable intellectual property (IP) in those regions of greatest commercial interest."

https://www.epo.org/en/legal/official-journal/2016/01/a5

20 years from the filing date, so early 2044 ?

In essence this looks like an option deal. Heibei pay $500,000 now and intend to sell on all or part of Aftan by the end of the year (possibly to Hongkong Xinhai Mining Services Limited) to get the $9 million to complete on the deal.

I think you may be indulging in semantics but that does not really matter.

The important thing is that we have witnessed a rare event in investing in small mining stocks. These stocks depend upon the quality of a few key individuals, Directors and Senior Management. In many cases we are disappointed by the (lack of) competence or honesty of these individuals. But it is rare that they surprise us with hidden talent. In the case of EML they have indeed gone far further than we could have anticipated by reducing water use and addressing any concerns that might be had about the impact of leaving wet waste in the mine, by designing the KMP process. The KMP process now could raise the value of Carnallite deposits in many additional projects worldwide, so the patent protection is essential.

Take Kore Potash (KP2) as an example. This project is currently focused on mining Sylvite (at its Kola Project) as this ore contains the most Potash. Kola has 850 Mt of Sylvite Resource, but it also has 2,050 Mt of Carnallite. In addition, the nearby Dougou Project contains an additional 2,050 Mt of Carnallite

Emmerson do not have an option about releasing the RNS as the granting of the Patent has a material impact on the value of Emmersons shares.

Its not a legal move, the Patent application was filed before 1 Feb 2024 and they take some time to be considered. It is just fortunate that the Patent is granted now.

The value of the use of the KMP process may explain the difference between the $2.2 Billion value placed upon the project on 1 Feb 2024 and the $1.215 Billion claimed in the Arbitration. The valuation experts may have decided that the extra KMP revenue could not be part of the Arbitration, as it could be recovered separately if a patent were granted and the KMP process were used.

Morocco could end up paying compensation on Khemisset and then paying additionally to use the KMP later when the mined ore is processed.

Very interesting. The Patent means that Emmerson could be entitled to Royalties if the KMP Process is used at other projects besides Khemisset.

I recall that that RJ stressed that Kazera was always intended to by an Investment company, not an Operating company and it wanted to return to its original role (i.e. monetising assets). In addition, it had been assumed (in Dr Greens Research) that 2A was 34 times as large as Walviskop based upon it being 34 times as large in area. RJ stated is probably 85 to 100 times as large in terms of contained minerals. RJ has both his reputation and (more importantly) a large amount of his own money at stake here.

The market is not asleep at the wheel, it just trades differently in times of potential Global crisis. Blencowe had reached 12p in February (27th) and without the Iran conflict it would be closer to 20p by now IMHO. The market generally anticipates good news ("buy the rumour"). In more difficult times only the receipt of the good news will move the market ("show me the money").

Apertura Energy - 2 different views:-

Charles Archer says yes: https://thatstocksguy.substack.com/p/apertura-energy

The Oak Bloke says No: https://theoakbloke.substack.com/p/is-vzla-more-smokin-than-a-rizla

The timing of this is particularly interesting, IMHO. Tesla is actively backing Western Graphite supply at the same time as Blencowe is seeking Investors!

You should look at the history under the old name Nostra Terra

https://www.lse.co.uk/rns/NTOG/

Forensic505 ("Nut Up and Enjoy") fails to mention what I regard as the best attribute of this project. Apertura will have no risks regarding payment for any work it does in Venezuela providing services to the "Oil Majors". All the oil is taken by the US and the revenues from its sale are controlled by them. So the Oil Majors will get paid for the oil they produce and they will in turn pay Apertura.