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Equity Exchange with Daybreak Oil and Gas
"The longstop date in the Equity Exchange Agreement is 14 February 2022."
27/10/21
Https://polaris.brighterir.com/public/reabold_resources/news/rns/story/rdg4m9r
Quite reasonable annual temperatures in Phalabowra should be quite easy to use solar PV / thermal to raise the leach soln to the required 40 deg C at little cost. Perhaps in the fulness of time tho to reduce initial costs.
GP Parta latest update from ADX that I've seen was from 6 days ago (31/1/22):-
.. continued to focus on the Iecea Mare production license side-track and infill potential which is fully covered with reprocessed 3D seismic.
They've drawn up a low risk oil and gas infill prospect table - looks a bit of a "rag bag". OK for a jnr oiler but nothing to get excited about. Probably with the drill costs not of much interest at the mo if they have better prospects elsewhere (and they do - Austria)
Plus the new wildcard that they'd started to look at geothermal (for the EU funding)
In sum, not much to write home about and received very much a minor billing on their quarterly rpt.
Hats off to ADX that they are actually bothered (or compelled) to produce a report on a quarterly basis though.
Blocking patents on the combined therapeutics as described would sure corner the market and play to the longer term interests of the big pharma medical cannabis trials partnerships anticipated by APOL in the "near future" (CEO '21 review).
DP
Had a look at the SP Angel brokers note (released for general consumption today (sort of) dated 29/9/21). It says ...
"On completion of the pre-feasibility study, 70% of the Project will held by Rainbow and 30% by Bosveld, with a mechanism included to allow for Rainbow's Joint Venture ownership to vary from 60% to 85%, dependent on results of the PFS. "
So, we might be able to raise our holding yet.
Questor: 10 ways in which we will attempt to avoid the stock market’s turkeys this year.
Https://www.telegraph.co.uk/investing/shares/questor-10-ways-will-attempt-avoid-stock-markets-turkeys-year/
"Be wary of frequent acquisitions or any deal billed as transformational"
Hang on a mo - that 'T' word sounds strangely familiar ...
Canada - after finding where to drill (don't think we're there yet) and arranging and agreeing finance and getting an exploitation permit (say 4 yrs) it will take 4-12 yrs to set up a new producing new copper mine. Watch this space.
"If we then take your optimism on WN and assume it will eventually bear fruit, and add this to the cash flow forecasts, how much will it cost for A Teams and drills to monetise this, and when would this (best case) start adding to the positive side of the balance sheet ?"
... If you go to the BRR media website and listen to the latest RBD video update you will hear Stephen say that the monies for the next intended production well have already been set aside. The costs of drilling having already been accounted for, the real issue is the ability of the A teams to succeed when previous efforts have been unsuccessful. Location of the next well and production techniques used would seem to be centre stage.
Drilling timescales can easily be extrapolated from previous efforts here.
Myself I'm optimistic.
April vintage, and I'm pretty sure Kenny will have nailed this one in the past but I've just come across it an think it's quite a good summary
Https://www.thearmchairtrader.com/apollon-formularies-shares-aqse/
April vintage, and I'm pretty sure Kenny will have nailed this one in the past but I've just come across it an think it's quite a good summary
Https://www.thearmchairtrader.com/apollon-formularies-shares-aqse/
"Scotland is in talks with a Europe-dominated alliance seeking to end oil and gas production that has been snubbed by the UK, host of UN climate talks in Glasgow."
Https://www.ft.com/content/bbeab19e-f965-497f-98ab-3775b4d5a6f4?desktop=true&segmentId=7c8f09b9-9b61-4fbb-9430-9208a9e233c8#myft:notification:daily-email:content
(Subs)
Got the feeling that sales of any vape pens / cannaboid drinks or keyrings are bit of a side show. The real interest is in digging away to produce clinical data that will interest a pharma major into splashing serious cash wrt further trials or medicinal development. Would imagine that with their throughput that might take some time.