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DNi Process – Simplified Schematic

Mixed Hydroxide Product (MHP) produced with the DNi Process

http://www.indmin.com/events/download.ashx/document/speaker/7782/a0ID000000X0kDtMAJ/Presentation

Page 17 showS a picture of the green MHP.

Ps ,Colin

yes basically Mambare has 162.5 million tonnes @ 0.94% of carcinogenic Nickel Oxide ,if the DNi process was to be used.

Yes Colin you are exactly right the Direct Nickel process doesnt produce Nickel like we were lead /mislead to believe but Nickel Oxide instead which is indeed categorised as a carcinogenic and under international law has a shipment ban.

The former head of Metallurgy at Ravensthorpe told me this personally .

The Ni Oxide would need to be treated therefore at a separate plant and guess what there isn't one in PNG so we would have to build one ourselves costing an estimate $2B and thats on top of the DNi CAPEX.

Bambo,

I hope you are right.

Shares in issue 791M today

Loan to be repaid £1,200,000

equating to 400,000,000 new shares

3 months since the very high risk strategy 6 month term loan was taken out and still no news on any profit forecasts.

We have all got to hope like mad they can turn Bluff around or we are all going to find ourselves more underwater than Sponge Bob Square Pants.

The last time i saw the SP at this level (0.3p) it was quickly followed by a total SP colapse and an emergency 20 to 1 consolidation followed .

Harry ,agreed but taking out a loan that ultimately is going to need repaying is not good management.

I can remember once Scott while representing RRR arranged with Yorkville a deal where he betted the SP would remain above 0.9p and the further the SP fell below the bet price at the end of the month the more RRR would have to pay Yorkville back .Needless to say Scotts bet with shareholders money went disastrously wrong as Yorkville simply shorted the stock down to below 0.5p resulting in even further dilution to shareholder at the end of that month .

All highly regrettable and a totally unnecessary risk.

Anyway while Harry carries on pretending everything is alright the SP has tanked to its lowest level since the 20:1 share consolidation nearly 3 years ago.

At this price RGM annual running costs and loan repayment would see an additional 700 million shares entering the market doubling the number of shares in total circulation.

Well done Andrew.

Well said Cgull , yes Mambare has the potential to become the world largest carcinogenic mine.

Harry ,I can only speculate the future , but I know the past cos i witnessed it, AB instead of serving DNi notice voted against our own shareholder interests at the last DNi EGM as did all the other Mambare associates .

Turkeys voting for Xmas doesnt t make any sense when all you had to do was retrieve back what was already yours to take .

Theres a whole lot of tree shaking going on!

Harry the point is one minute we are serving them notice and the next minute we are going to bed with me.

The conclusion is you can't believe what AB is says cos he is forever hopping from one idea to the next which is why in his 13 years at RRR/RGM he has invested in more than 40 different countries around the World.

I expect RGM to start bringing investors on board here very soon.

We have already given away 50% of Mambare to DNi who then gave it away to at least one former employee/director so any further investors will result in us owning even less of this flagship asset.

AB did in an interview this year state he was serving DNi notice but since then behind the scenes voted against shareholders/RGM interests as did all parties associated with Mambare i.e. our unnamed individual partner/s ,so one can only conclude notice was not served.

Joe,Mod unbelievably low ATM.

Does anyone want to have a go at listing every country AB has invested in over his 13 year career at RGM/RRR .

Pakistan ,Papua New Guinea,Kenya,Australia,Sudan,Colombia,America,South Africa,Bosnia etc etc

I am sure the total must be close to 50.

Please can someone remind me do we have any liabilities regarding this asset,i have a memory of a court judgement against us?

Thanks

Zu ,not being funny but do you think that Silkflows might be special needs?

https://twitter.com/532731/status/1049681712433819649

https://twitter.com/532731/status/1049764836014522370

At last a photograph of some coal .

So today he has shown them a wall ,safety sign and a table , oh and one piece of coal.

https://mobile.twitter.com/532731/status/1049753077409042434

Why would the combined brain strength of SK and AB think it to be a good idea to show investors on their mining visit

1) A one mile away view of a power station in the distance.

2) An already previously drilled site by the previous owner.

3) Start producing a DIY drome promotion video during the tour.

I would like to have seen a group photo of the 70 x staff working for us over there and a video of them working the coal.

https://mobile.twitter.com/532731/status/1049753077409042434

Why would the combined brain strength of SK and AB think it to be a good idea to show investors on their mining visit

1) A one mile away view of a power station in the distance.

2) An already previously drilled site by the previous owner.

3) Start producing a DIY drome promotion video during the tour.

I would like to have seen a group photo of the 70 x staff working for us over there and a video of them working the coal.

Well said IndVestor ,i would hate to meet that Michelle woman in real life she's fingers down the throat material .

https://twitter.com/michelle_crypto/status/1046479621489872901

Michelle singing ,lol.........She a massive PJ fan.