Member Info for Helpful

I see Boring Boy is spreading his usual falsehoods.

The value of the Soma royalty will be greater once processing at the plant is resumed. Basic stuff really, even an accountant should know that.

Kenya is in the renewal process.

As AB has previously said, RRR has had talks/offers for pretty much everything.

As an accountant/investment adviser should know there is a thing called value inflection points.

As I have said before, the biggest issue is bandwidth: DRC needs putting to bed asap.

DYOR

Https://www.bbc.co.uk/news/articles/cdx9w4j5q92o.amp

DYOR

Https://x.com/ev_re100/status/1875883264881414572?t=bX3A8-g7ykRBUeCDFP2dmQ&s=19

DYOR

Not speculation by me, AB has said it multiple times and that was the reason for meeting the President. It has been said in tweets, interviews, broadcasts to the Nation and RNSs

But each to his own

DYOR

Https://x.com/graddhybpc/status/1875843201099260336?t=3vY2KATLK6eVlyYFhyw-aQ&s=19

DYOR

Doggie, so how much have you made on RRR after two years of trolling? A good investment of your time?

Nike, quite right.

Boring is wrong on a regular basis.

Anyway, hopefully we will see the back of him shortly.

And PS it can't be Inside Information if it is the public domain.

He retweeted his plans as recently as yesterday.

So Boring........ what are you going to say..?

zzz

Answer the question Boring Boy....

zzzx

For the sake of posterity, can we just get on the record what you intend to say, when and if AB/RRR confirm that they have met with the President to discuss and authorise the new JV?

Nice to have to hand, you know, just in case.

zz

Https://x.com/mineralsmindset/status/1875014582370246913?t=04i6MNOSn_E7enX-2W-lTA&s=19

DYOR

I saw earlier a comment that AB was in his way back.

I have no idea where that comment was sourced from: nothing on the Twitter feeds to suggest he is on the way back.

DYOR

Https://x.com/proactive_UK/status/1874916585506292222?t=ANZl2vXo5iu9LUkxWJBYMw&s=19

DYOR

Https://x.com/GreenOriginInv/status/1874451157906563131?t=GVuBwIjN8avZqh1rIdJabQ&s=19

DYOR

Doggie, unlike you I read stuff. I have read everything published by Soma/Para for several years.

Originally, Soma said it was restarting in December 2023. There seems to have been some sort of fall out with the previous CEO and the restart has been successively put back. So the company posted and linked to a report saying now a couple of days ago.

As a matter of fact, the royalty is quarterly: Q1 01/01/2025 to 31/03/2025 and so on. So we should get the first payment April/May time: assuming that it restarts sometime during Q1.

DYOR

Lycra Boy, fantasising again.

"Clearly a concerted pump concentrating on Soma news that's been around forever"

"Forever".. https://x.com/SomaGoldCorp/status/1873049647176139115 Posted 28/12/2024

https://www.streetwisereports.com/article/2024/12/27/gold-co-close-to-breaking-out-of-a-giant-base-pattern.html Published 27/12/2024

And so it has not been around forever, it is current.

It clearly states that Soma may be restarting El Limon "now". So "now" in a report published 27/12/2024 would normally mean that Soma is on with it.

Target for the first year of production they gave as 8,000 ounces work out what that means for RRR's royalty.

ZZZ

Doggie, we all know you are an Uber cynic who just wants to get a low buy price but your morphing into Lycra Boy. What is this £500k due in 22 days? Is this you just wearing your underwear too tight or something more serious?

zzzz

CGull, in all these types of claims it goes one of three ways:

1. It goes all the way through the court process and the court makes a ruling.

2. The plaintiff drops the case at some point.

3. A deal is done somewhere in the process before the court makes a ruling.

The deals are typically done on the court steps. That is what happened with RRR and Para Resources, now Soma Gold.

My point was that if AB is telling the truth, one of the pillars that Glencore might have relied on in any defence has likely been removed. The Presidential Office and Gecamines (de facto the DRC Govt) are not likely to seek to obstruct RRR's case against Glencore.

DYOR

Well professional to professional means I wouldn't be talking to you.

What was it, £50k? De minimus, who cares? The loss of interest on the 50.1% of $420m is a bit more important.

Professional to professional, even you should be able work out which is more important.

Let's suppose, what AB says is true and he is now close to the President and the Presidential Office; where does that leave Glencore? You know, in your Professional opinion!

My view is that they are up a crocodile infested creek without a paddle and holes in the canoe and none of them can swim.

zz

You really are a nasty unpleasant individual aren't you?

That loan is nothing to do with me as I have previously stated.

The short term loans I made were in the past and interest free: in both instances RRR funds were stuck in the banking system.

Given you are Mr Super Accountant and you know everything, I am sure you know all about the AMLR, KYC and Provenance rules. Transfers to and from places like DRC, Kenya, BF, CDI regularly get called in for extra security checks. So when time is of the essence, needs must. Banks regularly want to check out the recipient bank account and the purpose for the transfer(s).

DYOR