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Doggie, you need to get your rabies shot. Too much foaming about one issue.

Given your own timeline, Bilbale will be in production before funding is required. Ideally, we do a deal on RRAL that gives RRR some cash, pre-IPO funding and a decent residual position for RRR.

Try reading it again, why would we need over 100 bodies there for one wash plant? Maybe there will be a lot more than one wash plant? Remember the comment, "initially on four sites".

Check the videos on wash plants, you will see they need 3/4 people per plant, then you need people for the diggers, the trucks and in this case, catering. This now a big operation and will produce a lorra, lorra gold.

I look forward to his interview.

DYOR

Except it was, "bureaucratic delays". If he does an interview, he will probably explain, just for you...

So the trolls working it hard.

A much bigger deal than previously indicated. A low key report but confirms significant artisanal activity and plenty of hard rock potential. 25 external staff plus the locals: a big operation.

Fingers crossed.

DYOR

Https://twitter.com/Lazerblue/status/1784495194588488168?t=Q7OLuIUe36p6VpZcjeYUoA&s=19

DYOR

Indeedy.

"Near surface", it obviously is near surface, it is alluvial. There will be some overburden but it will vary from site to site. The licence is 180 km2: the alluvial is substantial.

Work out how much gold is in 2 km2 with 10m of pay dirt: likely alluvial is substantial: it is a function of how much the river floods. Check it the Black Volta, it is a big river. https://en.wikipedia.org/wiki/Black_Volta

DYOR

Http://oilreviewafrica.com/exploration/reconaf-to-commence-drilling-damara-fold-belt-onshore-namibia

DYOR

Remember Reversion to the Mean?

https://twitter.com/TaviCosta/status/1784319182584135859?t=PmWf8BUwV9FGKa0DvlYVWw&s=19

DYOR

Https://www.energy-pedia.com/news/namibia/reconafrica-provides-update-on-operations-and-confirmation-of-a-new-fold-belt-play-in-the-kavango-basin-191104

Damara Fold Belt.

DYOR

Doggie, do you mean this? https://youtu.be/r6cixQCULdM?si=oEaWCVOZM7g7xoXI

This has already been addressed multiple times. I have posted numerous links showing the depth of the gold trade in Ouagadougou. There is no problem selling gold within BF.

This is aimed at illegals and Artisanals not paying royalties and corporate taxes. We have the support of the Govt as evidenced by the presence of armed Gendarmerie and military at the site plus the speed with which the illegals were removed from the site.

This is standard Boring Boy nonsense; posts nonsense, gets refuted, posts different nonsense for a few days and then resumed previous nonsense. Endless cycle of nonsense. Some might suspect an agenda.

The Govt actively wants us progressing because we are a Western company that will pay taxes; they don't want Chinese and Russian operators.

DYOR

Https://gold-wash-plant.com/portable-wash-plant/

https://youtu.be/1Djz2cfjGGM?si=XArKH86L8TGez34p

https://www.msi-mining.com/sv9--monster-red.html

DYOR

Boring Boy is sooo Boring......

Why go and get a mining permit that allows you to go to fully mechanised production and then not go to fully mechanised production?

Fully mechanised production allows the company to process larger volumes of pay dirt; if the grade is constant then the gold production goes up. At a grade of 2 g/t working a ten hour day, RRR would need to process 1,000 tonnes per hour. Four 250 tph wash plants operating in parallel does it: the cost per 250 tph wash plant is $50k on Alibaba, you get discount for more than one.

It really is not a big deal. Things that matters: grade and soil type. Lower grade we need to process more pay dirt, more clay less throughput. We need to process more pay dirt? Then we use more plants in parallel.

DYOR

Https://youtu.be/NSOLSVfFo9w?si=Z_U2IqYjWs_nx-aJ

DYOR

Nike, no permit needed in BF at this stage. To go to fully mechanised volume production (like 20+ kg gold per day volume) we need a mining permit. That will be in hand. I don't know (because no one can know) but I would expect the volume production to start November/December, all being well.

Before the trolls start drivelling: until something is done, all anyone has is plans, expectations, intentions and so on. The trolls try to have it both ways. "You must tell us what you intend to do....", "We intend....", "ah but you haven't done it, have you....." Repeat and rinse.

DYOR

Morning trolls, more bad news for the trolldom.

https://www.fxempire.com/forecasts/article/gold-price-forecast-the-bull-run-in-gold-miners-is-just-starting-1426464

The way this works is valuations of assets and companies pick up. Companies raise money because they can and they go shopping for assets and takeovers. That pushes asset values higher and company valuations higher: for everyone....... Including lil' ol' RRR.

Top of the morning to you......

Looking forward to updates on BF (gold fkn everywhere), on Australia and CDI.

DYOR

And all that good stuff.

https://twitter.com/goldseek/status/1783925511439147278?t=-sN-gDKUnhj6g2MzivzpEQ&s=19

Gold assets are going to flip from a period of massive under-valuation to massive over-valuation.

Question is how much over and for how long?

RRR has lots of gold assets.....

DYOR

I am surprised you are holding yourself out as an expert on two bit hookers now. I would have thought they were out of your price range.

Doggie, you are such a pl****.

I comment on news and post links to technical stuff. We know what the recent statements were, we are waiting on an update. They said that they were going to move an initial plant out by air and then more by ship. No statement! What are the possibilities? Unfortunately for you not all of them are bad news.

This is what the RNS said: https://www.londonstockexchange.com/news-article/RRR/drc-and-gold-assets-update/16408973

"leading to early alluvial gold production initially at one location but then at up to four locations. The first gold wash plant is expected to arrive by air within a few days and will start operation."

Maybe after reviewing Willem's report and the practicalities they have decided they have to go big from day one? Ever consider that possibility? As with everything there will be two costs; fixed and variable. Much better to have a bigger operation to spread the fixed costs across. I can't see AB and Sam being keen on staying out there for any length of time unless there was decent scale to the operation.

Only pointing out one possibility...

BTW we have this sort of drivel any time RRR comes out with some news or some non-troll posts on here: "but what about x?" Well BF is front and centre right now but we are due news on Australia and on CDI. It doesn't mean that they are ignored just that the news has not arrived yet. So if it comes out with other news, the trolls will be, "Oh look, it is all about x now and BF is forgotten"

DYOR

Https://twitter.com/jdsheal/status/1783555444264558997?t=rUc0CLoPekI9hu0S0gBxGA&s=19

Interesting.

DYOR

Touched $2,352 now $2,349.

Looking better.

DYOR

Nice to know you are thinking of me Doggie. Again for someone not interested you seem very interested. Maybe you don't really understand what "interested" means?