Member Info for Helpful

Yep, I saw the Artemis news. It seems like there is money lying on the ground just waiting to be picked up.

News, brown guys going in and being business-like is more acceptable to them than white guys going in and doing the same. I would need to have a look at the licences: acreage, who was the seller, what are the complete terms (royalties), what work had been done, hard rock or alluvial and so on.

Certainly, as I said yesterday: Western companies taking five years for a drilling programme and then five years to get into production are not attractive to the Burkinabe.

DYOR

Can't be true, Boring Boy says no one is interested in BF.

I don't smoke, anything. Lugana and nothing to do with it. Try listening FW.

Sam Mahendran has much better contacts and at President level across multiple countries: don't underestimate him.

DUOR

Don't forget EUR.

Yep. Just seen that elsewhere.

https://www.9news.com.au/national/man-digs-up-gold-nugget-worth-up-to-100k-next-to-historic-ballarat-mine-site/109dd519-5b84-4f6f-b8e5-a37bc10895a5

Very generous of you Nike, "largely nonsense".

I saw something about Cobalt the other day. I hadn't realised that it had fallen so much. https://ycharts.com/indicators/us_cobalt_spot_price#:~:text=Basic%20Info-,US%20Cobalt%20Spot%20Price%20is%20at%20a%20current%20level%20of,from%2029350.64%20one%20year%20ago.

The time to buy assets is when no one else wants them.

DYOR

Sorry that should have been RRR/Faso starting production not RRR/ALR.

DYOR

So since people are too lazy to even listen to an interview all the way through: at 8.53 he says, "There was a conversation with the Head of State there, who is really looking forward...."

You should know by now when I state things they are backed up. My opinion or my speculation is separate and different. So if you are a cynic, the questions are: why is the Head of State in a conversation about RRR/ALR starting production and why is "he really looking forward"?

DYOR

Dukey, what you do is you is put the interview on loudspeaker, listen to it a couple of times, go back again, stop it at key points and write down what was said. Have you done that? Of course you haven't. The bit that was speculation on my part, I said was speculation on my part.

Now get down the pub with the rest of your "non-investor Group".

If you do what I indicated above, you will see what I said is spot on.

Anyway good luck with your next pump and dump, even though you are a man of principle and all that good stuff.

DYOR

News, in the interview at 5.10 he states, "I am now looking at a slightly better result than I was before". He also states that he might be called to a meeting at the Palace but it hasn't been advertised yet. So that would mean some sort of formal meeting re this matter and that it is put in the public domain with a lead time. So he is going to BF in the meantime. That can only mean that he is going to BF now. If the meeting at the Palace is next week then he will have some sort of advance notice and can hot foot it from Burkina Faso to Kinshasa at short notice.

5.55 he states we have been talking to other parties about what to do with our Australian assets. The NDA was from one of these parties (as in multiple parties).

BF: conversation with the Head of State there who is really looking forward to us getting operations started. So why would he be "really looking forward": well two things, immediate revenue for the BF Govt and it will be substantial. If it is de minimis then why would he be bothered? As discussed elsewhere historically companies don't like alluvial but from BF's point of view, why are they bothered about a company that is going to spend 5 years drilling and then another five years to get into production. As I have previously speculated and have made this point to certain people; maybe there is an opportunity to get going on the alluvial assets generally across the country that other companies are not interested in.

A good deal would be to have the BF Govt say to the other licence holders, either get the alluvial going or we will have our partners do it instead: obviously speculation on my part.

Anyway, as always, lets see.

DYOR

News, the document that was sent was called a Rappel, which means reminder. It would need to be an official document formally addressed and notarised. The Chief of Staff would then pick up the case and call for the papers.

Before the idiot trolls get all wet, he used the term in the interview.

DYOR

Dukey, you are really are a moron. I put DYOR when posting stuff that has information or links and xx when not.

xx

Ok Blueboy it looks like you really do have the wooden top virus.

You are now filter, you little attention seeker.

xx

News, he has said it needs to be run by Australians. He needs to get stuff off his desk and concentrate on just a few things. Australia means he has to do late night calls, not ideal.

DYOR

News, a few things:

1. It can't be true, Blueboy says no one is talking to us.

2. Until it is done, it ain't done. So all options remain on the table.

3. This is a new party/cash shell and not the one RRR previ indicated.

4. You only sign the NDA if there is an intention to proceed further.

5. It can't be true because Blueboy says no one is talking to us.

6. This is going slower than expected.

7. A lot to be agreed before a deal is done.

DYOR

Dukey, as usual wrong on everything.

No Indians are flying into DRC t take jobs. They will be flying into Burkina Faso to supervise operations: there will be 100 locals employed.

Everything has conditionality till it is done: so "thinks" is fine.

Remember you have declared you hate AB and will never own shares in RRR, as a matter of principle: except from when you can profit from a pump and dump.

You missed a couple of important bits but....

DYOR

The Head of State was BF. It was in relation to us starting production.

DYOR