Member Info for chaotic_calmness

Buy right, sit tight. - Jesse Livermore
The hardest bit is the waiting as mind is as fickle as a fly...

Fulmar, just staying with the conviction if the base assumption is still valid.

My last post on 26th August 2019:
Battery metals would rise like rare earth metals did in 2010s... The sweet spot would be when the rising prices match the discovery of Zambian assets true resource size and the boom in the BM+ demand through electric vehicles explosion.
It's probably 2-4 years before the demand create a hockey-stick effect.... (Growing EV Infrastructure To Drive Copper Demand For Decades - https://www.kitco.com/news/2019-08-12/Growing-EV-Infrastructure-To-Drive-Copper-Demand-For-Decades-Says-WoodMac.html)
In the meantime, the rising gold price ($1525+ per oz ) helps our 1M Au oz and 3M Au Oz projects in Slovakia and DRC - divesting them is another source of funding Zambian drilling campaign...

Chaotic is still in.... just stopped commenting... the wise move quietly....

Battery metals would rise like rare earth metals did in 2010s... The sweet spot would be when the rising prices match the discovery of Zambian assets true resource size and the boom in the BM+ demand through electric vehicles explosion.
It's probably 2-4 years before the demand create a hockey-stick effect.... (Growing EV Infrastructure To Drive Copper Demand For Decades - https://www.kitco.com/news/2019-08-12/Growing-EV-Infrastructure-To-Drive-Copper-Demand-For-Decades-Says-WoodMac.html)
In the meantime, the rising gold price ($1525+ per oz ) helps our 1M Au oz and 3M Au Oz projects in Slovakia and DRC - divesting them is another source of funding Zambian drilling campaign....

https://www.ivanhoemines.com/projects/kamoa-kakula-project/ - This could be the level of benchmark that the current management team should be aiming for...

Doing good cattleman, the big money is in buying right, and sitting tight so doing just that........

Book value is 0.10-0.14p so undervalued by 50%-100% as it is and undervalued by 100%-400% when considering the strength of income producing investments that Riverfort alliance has bought.......

AMC did mapped out a six-kilometre “strike” called West Lunga where the grades were up to 463 parts per million copper. It taps into the same geological horizon that hosts the world-class Kamoa operation...

Sooner or later, they are going to hit the home run (either in Cheyeza, West Lunga or Lumbeta)

Many junior mining companies faith is dependent on just one project and we have three here......(Zambia, DRC, Slovakia)

Keep Calm, Surf Chaos.....

Sta60, if we consider between 2% to 10% valuation of the current gold selling price (which has been the industry average in terms of gold deposits valuation), then the gold assets selling price could be between $28 and $140 per oz. Some in the industry are forecasting gold range between $1500 and $1600 in the near term, so perhaps the valuation range would go higher. Sturec only forms 25% of the 4M JORC assets so even if nothing moves there, ARCM should be alright. ARCM is right here in not trying to sell the assets at cheap, because ARCMs gold assets may find itself in M&A war if the bull run continues. (‘Wave’ of M&A will hit gold mining this year, says Polyus - https://www.ft.com/content/9da0e07e-9bf4-11e9-9c06-a4640c9feebb)

Lets see....

What makes the Zambian assets particularly attractive is that the team would not have to go deeper to get the rich ore. Open pit surface mining could bring the production sooner than later, and at competitive rate. It seems the team is excited by the potential of not 1 but perhaps couple of tier-1 discoveries within the license. If that is the case, that would surpass everyone's expectations here.......

Based on last published result, RGO is already undervalued between 25%-40%. The rising fixed income is completely discounted in the share price, feels undervalued, looks undervalued, must be undervalued.....Perhaps a GUN type rise is coming here.....

A combined JORC resource of over 4 million oz ounce at Slovakia and DRC (equivalent of $5.6 billion at $1400) surely deserves to bring 20p to 40p to the current share price. Add another 30p-60p from Zambian assets, and then 50p-100p does not seem unreasonable considering the quality of the assets. DYOR

A silent performer..
Jubilee Metals recent fund raise and quarterly update further de-risks RiverFort Global Opportunities plc’s senior secured debt investment (May 2019) - ttps://www.proactiveinvestors.co.uk/companies/amp/news/220777?__twitter_impression=true

Quite here......

UT, you r correct in saying I am being conservative here. Let's see how the go on about the operations going forward with the new contractor. Cautious optimism.....

Just need a £15k top up to bring average down to .19p which BRD has stronger probablity to reach in next 12months than 1p target....

UT, i don't want it either to do sub .1p but when life gives you lemons, you have to make lemonade....

Down myself 90%, however I am going to top-it up when it goes sub .1p, as aim to bring my average price of the holding down to 0.15p-0.25p which I see it achieving in next 12m-18m.

Better to take action and control your emotion, rather than being frustrated angry. Everything comes at the right time, and prices always move in cycles..... All the best LTHs. Keep calm, and wait for your time.

Cumulative trading volume less than 275m for the first four months of 2019.....Eventhough Liquidity is very low at the moment., the price is good for this undervalued aim tiddler......

RGO is 24.3% owner of PIRES which declared on its annual result yesterday - a profit before taxation of £322,069 and investment portfolio of £1M. Pires's net assets has risen to around £2.35 million consisting of cash and tradeable quoted shares. RGO's share of PIRES equates to £571K - one tenth of current RGO market cap of £5.77m

This should be trading around 0.40-0.50p based on improving cashflow and net assets. These Riverfort guys are some of the sharpest in the business. Slow and steady....

Trading below net asset value. Cash-flow much better than previous year.