Member Info for Dicko80

The flight podcast stated 6 weeks for drilling, so TD could be another 3 weeks yet

Hmmmm now that is interesting

Cost of this hole ,i dont think they would continue drilling to that depth without finding something and comment ...

"2712m, uncovering new insights into great mineral systems"

Lets see

They are drilling a new hole , so clearly found nothing to date

Read the detail

Cash will run outbefore november

Why take so long to submit ? Questions need to be asked

That RNS is exacly what i predictated

Just 12.5mper day ! Wow

More like issues with rig, is it capable of drilling deeper ?

Thats probably why he lookedbored

Southern cross have used AI technology

13:23 onwards

https://m.youtube.com/watch?v=GPl0qLS0tFk

RRAL have a large licence area across the highly prospective Victoria gold fields

“Upto 2.1m oz from known mineralised zones”

But the unknown at depth offers blue sky upside potential

https://www.rrrplc.com/wp-content/uploads/2024/02/2024.02.14_RRAL_Project_Presentation.pdf

Look at the below

The trend from Southern cross license, the greatest gold story of 2024 , mkt cap catapulted to over $1bn ,

MRE 3.6m oz gold at 10g/t and rising

The trend into our licence and down into the south of our licence

https://www.rns-pdf.londonstockexchange.com/rns/8339R_1-2024-6-10.pdf

Mkt cap £1.75m

“The company’s recent drilling at Blue Moon returned results up to 1.2m at 543 g/t Au from 544.2m.”

💥💥💥

And another

Close to Bendigo goldmine 22moz

https://www.goldcoastbulletin.com.au/business/stockhead/resources-top-5-blue-moon-turns-golden-for-falcon-metals/news-story/6d2fc5acce37236534db84c303452a52

Hmmmm don’t we have licences around here ?

Another discovery in Victoria , Australia

https://discoveryalert.com.au/news/gold-discovery-advance-metals-2025-happy-valley/

That may well be him, spelling as acknowledged at the time may have been incorrect

Good to see the boy has acknowledged he was wrong with his scaremongering of many months , misleading investors with his “20bn shares @ 0.020 to be issued”

The company has been starved of new flow and we now enter a period of expected newsflow across the portfolio

IC sale of assets - 3 interested parties , a number of ASX companies have done deals recently deal could well exceed $1m, with an upfront cash and shares with further payments based on milestones hit

Soma - announce EL operational with a deal to seal the royalty to SOMA in a month of twos time as confirmed by AB on telegram- royalty payments worth $3m,deal maybe $2m ?

DRC - conclusion ph1 $12.5m +

Bilbale - potential deal pending , company doing DD , exploration previously announced potential for over 1m Oz

Boulon - on the ground activities commenced , mapping and rock samples to firm up drilling locations for 2-4000m , production planned there after , with equipment now out of customs

Lots of interest in Australia - high grade large gold finds ongoing next door to us , with gold mineralisation and xtending into our licence

Plus other potential

Kenya update jorc already in place for gold

Ph2 Glencore

Lithium seemingly recovering

Working overtime again I see

So only £350k requested to be authorised as plan Z

Remember when you were saying 20bn @ 0.02

Lovely outside today ☀️ maybe get out and enjoy it

Difference is they had the money to drill

GWMO are splitting the money raised to the copper and gold projects, but it wont go far , although i like the gold the copper is more advanced and IMO they should focus on spending the money on that to help bring in a partner with deeper pockets

The gold project 5 holes x 100m each isnt going to reach the boiling point/feeder zone of the epithermal system at depth where the main veins would have the high grade, this already confirmed on the lastest video interview released in July

There are 5 veins they could target from one hole drilled diagonally from surface to depth but it looks like they are just looking to derisk the project

Ive been watching for a few years

Overheads are high, look at the salaries they draw

The other is the updated feasability will likely show an NPV of $800m with revised metal prices but i think SODOR can buy 60% for $43m, quick matchs that 60% should be $480m, not $43m

So with finacing to complete a much larger number reducing CLA equity in the project further

The question is what will CLA be left with as a free carry ?

I watched his x video the weekend it was shared and was expecting an update on the kobald drill hole 2, so with no news , nothing exciting discoveted to date

Must be getting close to TD

Low grade ,drilling results with those grades arent going to genereate interest in todays market where volumes are low

I did email the company a few weeks ago but no reply

Does anyone have any contact details that have replied ?

Copper doesnt look interesting

Gold project does but they need more holes than the limited depth they are looking at

Prob pump to raise cash , think they have enough till october

Timing is right this time

previously there was no Plan B this time there is a plan BC & D

El limon plant starting up this month at 50tper day at grade 30 equalsbest part of 500 K to RRR every quarter, but I expect a deal to be done to sell the royalty to Soma as they can save 1 million quid and we can get 2 million in the bank works for both parties production their suggests the role will be payback. Quick smart acid sales lined up previously not again. Money is due and you only have to look at . HAMA the deal they did with Australian company Plus we also know Bilbale is a potential sale as well so likely they could be $3 million if not more

on top of that we wait for the big payday at DRC which we already know how much that’s worth

then we have the exploration starting on BOULOUN mapping rock chip samples no doubt suggest high grade and then drilling up to 4000 m

plus on the back of the DRC award potential large frame job venture cash flow positive from day one

Plus Australia significant interest and rightly so with the gold finds ongoing there

current levels there is a lot of potential new flow and I see the timing perfect this time

Coiled spring