Member Info for archie2

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.

Imagineering?

you seem to be forgetting the two other oil bearing horizons

I, for one, would welcome a FDP by the end of the year but RBDs track record of delays relative to their projected time of delivery usually leaves a 3 / 6+ gap.

I'll belive it when I see it.

I wonder when there will be some real news rather than drip, drip, drip re-heated PR that is singularly failing to impress the market.

Couple of possible buys of 11m and 10m showing on advfn.

Maybe someone's taking a punt on Victory CPR or new Parta plans?

"Rumour has it RBW will be sending a percentage of their ore to Pensana for processing"

Slow clap ... “And everyone knows you can’t disprove a rumor.”

kenny - you've got way too much time on your hands. APO price pretty much static. Suspect it will only change significantly with genuine news on clinical data (as opposed to cannaboid-pops type marketing).

WN, of course, is far from the whole story. With Ellerby and Spring Hills, and the other one, as the Carpenters would say .. . "We've only just begun..."

Cost of CBD oil (probably to consumer) - Google says ... between £7.50 and £15 per 100mg

Interview (proshare today) says 38L per day top wack.

= big potential profits for a small company (>1-2m) even if they only realise a small fraction of the potentil.

The first project sounds a lot like what Rainbow are trying to do at Phalaborwa

AOI 1: Advanced Process Development for Production of Rare Earth Metals (REM) and Co-Production of Critical Minerals (CM) from Coal-Based and Alternate Resources

Technology Development and Integration for Volume Production of High Purity Rare Earth Metals from Phosphate Processing — Florida Polytechnic University (Lakeland, Florida) and partners Florida International University and Pacific Northwest National Laboratory plan to develop an integrated technical research plan based on advanced processes for recovery, separation and purification of mixed rare earth oxides to enable mass production of REMs from phosphoric acid sludge feedstock. Industrial partners include The Mosaic Company as a supplier of the source material and USA Rare Earth as the REE products end user.

DOE Funding: $150,000; Non-DOE Funding: $37,508; Total Value: $187,508

Https://www.energy.gov/fe/articles/funding-opportunity-announcement-2404-advanced-processing-rare-earth-elements-and

or elsewhere

hTtps://www.theguardian.com/society/2021/aug/03/trial-to-test-if-cannabis-based-mouth-spray-can-treat-brain-tumours

of course if Burundi want a greater share of profits from RBW (over and above their risk free tax stake) all they have to do is invest their cash in buying Rainbow shares and share the costs (and rewards) thereof ... just like everyone else.

hTtps://www.theguardian.com/society/2021/jul/24/is-medical-cannabis-really-a-magic-bullet