Member Info for Helpful

Incorrect on several points.

1. The Soma RNS says up to... Meaning the material will come from more than one source. Volume throughput is 225 tpd. Up to 200 tpd says the RNS.

2. RRR went to Arbitration because of the issue of 3rd party ore. Para (now SOMA) was buying up neighbouring tenements.

3. The RRR RNS states 3rd party ore is covered by the royalty post the settlement of the Arbitration.

4. If there is any dispute, RRR will enforce the settlement agreement as per the signed documentation.

DYOR

The settlement was 3% on all materials processed including third party material. RRR explicitly said at the time that this was the main point of contention in the Arbitration both beforehand and afterwards.

Their AR doesn't say what D contends it does: it doesn't say solely on gold mined from the El Limon tenements.

The AR is referring to the El Limon mine and mill as one.

DYOR

He was in Paris for a very good reason.....

as usual your opinion is way out... https://*********************/newsfeed/article/colombia-update-669632

"the 3% nsr royalty will be construed as covering all gold produced from the el limon mill site, including gold produced from third party ore

· each side will cover its own costs

'red rock chairman andrew bell comments: "this settlement protects our royalty revenue stream by clarifying a matter that had become important following the acquisition by cml and its parent of additional gold tenements around the mine site, from which a large part of their production is planned. we have in addition compromised our claim for early redemption or conversion of our note and will receive a substantial sum within 60 days. this is a positive outcome achieved at minimal cost and justifies the decision we reluctantly took last year to declare a dispute. "

dyor

So I have just been told that Wet Nappy Boy is still boring on and still denying facts that are in the public domain.

Soma Gold publicly confirmed that the restart date for the El Limon mill is mid March. The year one target is 8k ounces, then 12k ounces, then 16k ounces.

The royalty is an NSR royalty at 3% for the first $2m. The relevant cost for an NSR is about $900. So at $2,900 that is about $480k to RRR for the first year.

So highly relevant except in Boring Boy's cranium.

The gold/antimony that SX2 is drilling is on the same geological feature that extends into our acreage. SX2 is gradually working westwards towards out acreage. About the half the total value is antimony. So antimony price action is highly relevant, except in Boring Boy's cranium.

I suspect he might have been a donor. Lightly used and all that.

DYOR

Https://x.com/GoldForecast/status/1886381097023418863

The growth is from the El Limon mill.

DYOR

Https://x.com/MetalofMilitary/status/1889307929347842162

DYOR

Https://x.com/ii_forum/status/1888941417168302170

DYOR

Https://x.com/goldseek/status/1889254363639566606?t=y1AbdDxUiXJ0TnD79WdUdA&s=19

DYOR

$2,940 earlier. Now $2,918.

DYOR

$2,912

Price starting to move; in anticipation of the El Limon mill restart mid March?

DYOR

Https://www.kitco.com/news/article/2025-02-07/dont-expect-golds-rally-stall-next-week-analysts-eyeing-3000

DYOR

I see our wet nappy boy is working himself up into a tiswas.

Anyone would think he was a shareholder or something....

He will do himself a mischief if he carries on.

PS maybe AB had a very good reason for being in Paris?

DYOR

Https://www.monitorexploration.com/promising-signs-for-oil-and-gas-exploration-in-the-owambo-basin-onshore-namibia/

DYOR

Https://x.com/goldseek/status/1888925155839111450?t=WMFj0sQXbj8GVpDc6BTEpA&s=19

DYOR

Https://x.com/goldseek/status/1888906698947010902?t=sxFpFV6OY2QnenEueKIPsQ&s=19

DYOR

$2,903

A little pause for breath and off again.

Assets for sale? 😁

DYOR

Well three ways to monetise it; produce it, JV/Farm in, vend it.....

DYOR

$2,900.60

not bad!