Member Info for Helpful

H50 yep he was in meetings till 5am on Saturday night and 1am last night.

The trolls don't understand, the man works his goolies off. I couldn't do the hours he does.

"and two documents drafted and circulated for comment." I wonder what documents they might be.......

DYOR

Https://x.com/___Cashy/status/1761960091094528423?s=20

Maybe the upward movement is because of lithium in China? Who knows?

DYOR

Talkie, I know you think you are clever but I take an opposite view.

Quite why you feel the need to drivel on at me when I post something which gives some technical detail and I offer no comment, is a mystery.

Maybe if you read some of the links and switched on some of the "little gray cells" you might be able to offer something positive.

Barry is the in-country manager for DRC: he is nothing to do with Zimbabwe.

I posted the Zuleta link because he follows the lithium and lithium products market in China closely. Make of it what you will, I really couldn't care less.

xx

Https://twitter.com/jczuleta/status/1761994007461109793?t=aar_4eOjKgD1MQYueU8xfA&s=19

DYOR

Https://twitter.com/jmllubber/status/1761744147147325933?t=C8WugAdMCTbhcU5Dg6UQhQ&s=19

DYOR

Well let's see! Who knows? Maybe AB has been working his goolies off and not taking siestas like the trolls would have us believe?

RRR has plenty of assets to play with and do deals with.

DYOR

Are those the only possibilities you can think of Doggie?

Https://twitter.com/TaviCosta/status/1761503236312141997?t=mw1h6LE2V9T7HjAqX7lu8A&s=19

DYOR

Yep. I saw that but LC is lithium carbonate not spodumene however it should result in riding spodumene prices in due course.

Another one for you to wet your nappies over.

https://twitter.com/marketplunger1/status/1761017214356836511?t=CP7Y6SobtSoggcW-Kt1WJw&s=19

Super Cycles and all that good stuff.

DYOR

Https://twitter.com/jczuleta/status/1761080899695788506?t=c2xWJDEI54Hy94cOg3ZRrw&s=19

DYOR

Https://finance.yahoo.com/news/reconafrica-provides-operations-change-board-133000690.html

For the people who don't research or with the memory of a gold fish. Recon Africa holds the acreage to the north and north east of Elephant oil's Namibia acreage. They have two plays: the Damara Fold Belt and the Karoo/Rift.

The Damara Fold Belt continues into Elephant Oil's acreage.

Recon did say that they were going to drill by end of Q1: one well in the DFB and one in the Karoo/Rift.

They are now saying they will drill in H1 and will likely drill two wells in the DFB.

So........ It looks like Recon reckons that the DFB is better than the Karoo/Rift. It also reckons that there is a lot of oil there too.

Looking very good for Elephant. NB 88Energy did a farm in with Monitor on DFB acreage to the north west of Elephant's acreage.

Bit of a delay but looking very good. Should be helpful for Elephant's farm out chances.

DYOR

Https://www.reuters.com/markets/commodities/zimbabwe-wants-lithium-miners-plan-new-capacity-despite-price-dive-2024-02-23/

Interesting information useful background for ALR.

https://x.com/StockBoxMedia/status/1760938377078014365?s=20

DYOR

Doggie,

you can work from here:

https://www.rrrplc.com/investors/shareholder-information/broker-research/

RRR has proved ownership of 51% of the VUP JV assets in court in DRC. That is substantive and will form the basis of its claim against Glencore in due course. The claim would be for tortious interference. The lower limit on the claim would be 51% of $420mil and the upper limit could be several billion. At Musonoi alone, Gecamines reckoned that there was 400k tonnes of copper and at least 24k tonnes of cobalt. In practice it was likely more and then there are the two other licences that were stolen.

Burkina Faso is worth a lot now that they have established that there is decent acreage of gold pregnant alluvial deposits. RRR has already said it intends to bring the alluvial gold into production asap. We have two granted licences and several in the pipeline held up by the Moratorium.

Cote d'Ivoire we have several licences; two granted, four close to grant and one a bit further back. RRR has already stated we are contact with multiple companies about our acreage and at least one is conducting sampling on some of our acreage at its own cost with the results being copied in to RRR.

ALR is spodumene price dependent but regardless is worth more than $7.5mil.

DYOR

Moham you don't know what you are talking about. There are several things worth far more to RRR cooking on the stove. You never know, if you are lucky some of the jam might be ready.

DRC is only $7.5m.

DYOR

Https://twitter.com/garysavage1/status/1760952890645209360?t=UAh9QGcIs1Daz7HLrF9Duw&s=19

DYOR

Https://x.com/CutMyTaxUK/status/1760676197724496322?s=20

This also applies to AIM. The current regime is gradually killing AIM: they are trying to convert NOMADS into delegated Regulators.

Getting straightforward RNSs issued has become a bigger issue than doing a deal. I know one company (not RRR) which has met up with AIM management to discuss the pressures that are being put on NOMADs to in effect not announce deals on a timely basis: (best to be sure and all that good stuff). It is all about minimising AIM managements workload and trying ensure nothing is done that might cause them issues.

DYOR

So BF recently ended its moratorium on licences. And for those of you who reckon BF is a bit iffy:

https://www.proactiveinvestors.co.uk/companies/news/1040617/panthera-resources-bolsters-burkina-faso-project-with-new-licence-1040617.html

DYOR

Talkie, maybe I have other things to do?

My comment was solely about ECR's gold assets vs RRAL's gold assets. I know both Nick and Doc and so don't want to get into a slanging match ECR v RRAL.

Look at RRAL's recent update. There is decent gold at both Berringa and at Ajax. If ECR's Victoria assets were so hot why go and get all excited about Queensland?

It might be worth putting ECR's Victoria assets together with RRAL's Victoria assets but RRAL already has more than enough acreage. Besides the gold RRAL has the possibility of decent lithium and REE on some of its acreage.

There is one trend that goes down from Creswick into some of RRAL's acreage.

RRAL is one of the assets RRR has to address. Ideally, it takes sole ownership and then gets the IPO process going again. DL is the ideal person to get involved with that; he is already involved with a number of ASX gold companies. If anyone can get RRAL listed on ASX it is DL.

https://www.rrrplc.com/wp-content/uploads/2024/02/2024.02.14_RRAL_Project_Presentation.pdf

The biggest issue with gold in Victoria is even if either ECR or RRAL decided they wanted to get into production, it is probably two years to get through the permitting process in Victoria.

Anyway, everyone puts their money down and it works out or it doesn't.

DYOR IMHO