Member Info for Helpful

Laura as I said, FW. All companies are only solvent with caveats.

Laura, you FW, the company literally put out an RNS this morning saying it was solvent.

Https://x.com/TSoumyaraj/status/1947192820319838241?t=ww_5shmfTlCosF5nntF6uA&s=19

DYOR

Dear Sock Puppet and RRBB,

The settlement agreement at 3.6 says, "Colombia Milling hereby acknowledges that payments relating to the 3% net smelter returns (NSR) due under clauses 1(vi) and 1(vii) (as further defined in Schedule D) of

the 2015 Agreement shall (from the date of this Settlement Agreement) be construed as being payable on all gold produced at El Limon mill site, including gold produced from ore purchased from third parties. For the avoidance of doubt these payments will be subject to the caps set out in the 2015 Agreement."

Before you start wetting yourselves: yes I have the company's permission in writing and no it is not inside information.

zzzzzzz

DYOR

Except, Boring Boy, it has been mentioned in accounts. You know, the things that you are the World's greatest living expert on (except for intra group loans and how charges are reported and registered and what is a connected party... ad nauseam....

zzzzzz

As I asked Boring Boy, what happened to the £7.5mi you were quoting?

Hey Boring Boy, what happened to the £7.5mil indebtedness you were prattling on about?

"the sums noted above totalling $4.503m due from VUP or anyone holding VUP funds in relation to the first $5m paid by the Purchaser, and $7.51m being 50.01% of the $15m"

The important bit being " anyone holding VUP funds"

So $12m before interest, damages and costs relating to the $15m.

DYOR

Https://x.com/terrybali/status/1946593390390624631?t=kF8w4LEU1oOu2NqTkAV4mw&s=19

DYOR

Https://x.com/StephenPLundy/status/1946578593322016779?t=S3cQaj77OpSSgz8FMK2-ZA&s=19

DYOR

I see the Trolls still have empty lives.

zzzzz

$3,351

DYOR

See the original announcement, the announcements re the Arbitration case, the RNS re the settlement of of the Arbitration, the subsequent change to the wording in the ARs and now change of auditor.

zzzzz

Well in that case Sock Puppet why did Soma Gold agree to make the payments?

Https://x.com/TSoumyaraj/status/1945743057451888756?t=w7dL4FRByC6w9v0x8Lld1A&s=19

DYOR

Having had a more detailed look at it, it seems that the deduction before calculating the NSR royalty is closer to $50/$100 an ounce. On reasonable assumptions, it looks like the NPV of the royalty is circa $2.3mil.

DYOR

Https://x.com/i/grok/share/gFc09nAarJdfkMF15gRlhn456

DYOR

Https://www.newswire.ca/news-releases/soma-gold-corp-announces-change-of-auditor-810735260.html

DYOR

Boring Boy, stating that RRR is delinquent on its licences in CDI and BF is a serious matter. You have stated the same several times.

Good luck in due course. I don't think the defence of, "I am kin stupid and had no understanding of what I was saying" will get you very far.

zzzzzzzz

Boring Boy, this is typical of low intellect argumentation or straight dishonesty. In your case proby both.

Your claim was that the licences in Burkina Faso and CDI are delinquent. You have no way of knowing that they are delinquent unless you are in possession of confidential information not in the public domain. On the face of it, they are not delinquent. So you then moved on to they might be delinquent in the future. That is dealt with, so you then move on to some other drivel.

My view is that your conduct amounts to tortious interference.

zzzzzzzzz