Member Info for archie2

Agreed today's Proactive interview pretty much content free new news from my pov. The only thing that caught my attn was the possibility of not re-intervening in existing well's but going straight to a new horizontal. Not sure what that signifies. Also the Daybreak deal not being entirely dead.

Personally from "body language" I didn't get the feeling of anything much of import is going to happening soon just that they were looking forward to an exciting 2022 (plus 6 months min for usual delays). I hope to be proved wrong.

Wonder why BRR was passed over as mouthpiece this time in favour of Proactive.

Talking of not reading reports and making ignorant comments ...

"A further benifit [sic] of the cleaning process, as highlighted in the Sprott report, it will enablie the reopening of the phosphate mine which has 100 years of production ahead of it. "

https://www.google.com/url?sa=t&source=web&rct=j&url=https://sprott.com/media/4157/210804-rbw-scp-initiation.pdf&ved=2ahUKEwib6rXjh4n2AhWyQEEAHd2EBo8QFnoECAUQAQ&usg=AOvVaw1-n0fcz1UVOhA0RujJygbe

Tom Selkirk seems to be largely in agreement with the positivity expressed WNs investment partners [RBD/UJO] ...

"HC asked about the messages that the investment companies were putting out, suggesting that the investors’ communications seemed very ambitious and positive whereas the information from Rathlin Energy (UK) Limited always seemed to be more cautious.

TS [Tom] said that early indications of the West Newton prospect are very encouraging. " [but that they (Rathlin) did step by step].

As for message spinning?

"TS said that he understands the importance of messaging alignment between all partners and that this is something that would be discussed further internally."

Https://www.share-talk.com/west-newton-community-liaison-committee-rathlin-energy-uk-limited/

They aren't doing any mining in SA, as far as I know. They are decontaminating legacy toxic by products of mining.

link no work on Vox markets

Https://www.**********.co.uk/articles/john-meyer-talks-about-copper-gold-plus-atlantic-lithium-bluejay-empire-metals-rainbow-rare-earths-9ba63f1

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.

Should make a nice headline for 'Drill or Drop".

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).

Not sure why these two (APOL & Aion) have not got together yet (merged). Similar therapeutic targets, personnel in common, shared interests in Negril

Can't see anyone arguing with you there.

Malcy today ...

" [today's news ...] is a significant boost to the value of all three [JV] companies not yet in the price in the market but the accumulation of its stake in Wressle is a standout success for UJO. "

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.

Wonder what the conditions were that would have allowed them the full 85% of Phalabowra

APOL shares no longer being sold by Barclays

Whatever it is it won't come to much for RBD.

They own c. 59% of Rathlin itself and the rest will be pro-rated with UJO and Rathlins direct 16.67% holding.

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 ...

pea end of next quarter. Source IG interview