Member Info for Helpful

Https://twitter.com/RRR_RedRock/status/1742228964465119658?t=q4I1FqckxJHZ2nS6bds5EA&s=19

DYOR

Well I hate to spoil your New Year but I exercised most of my warrants but not all and sold them quite happily at a profit.

xx

Https://www.fastmarkets.com/insights/chinese-lepidolite-integral-to-global-lithium-supply/

DYOR

So it looks like RRR will shortly have three income producing assets:

El Limon

Burkino Faso

ALR

Chuck in a couple of JVs, higher gold and lithium prices and we are rocking. If the DRC cash comes in then that is the cherry on the op.

DYOR

Https://x.com/SomaGoldCorp/status/1742557296016666674?s=20

https://www.newswire.ca/news-releases/soma-announces-record-production-of-32-340-aueq-ounces-in-2023-830683943.html

"The Company anticipates the production of an additional 750 – 1,000 ounces per month from the el Limon mill, which is scheduled to restart production in H1 of 2024."

1,000 oz pm from El Limon will do quite nicely, thank you very much.

DYOR

Hi Maid,

I think what he is saying is that China has a lot of lepidolite and not much spodumene; that the lepidolite it has is relatively low grade; that making battery grade from 0.3% lepidolite doesn't make a lot of sense; that for the moment China is not importing as much spodumene as it otherwise would do; that even if China wants to persist with this policy it will need to use huge quantities of lepidolite that it doesn't have; that China will have to resume the import of substantial quantities of Spodumene and/or higher grade lepidolite; that therefore the market price for spodumene is below where it should be.

Seem fair enough to me.

NB it is better to use lepidolite to produce lithium carbonate as long as you use the right technology.

DYOR

"Almost" as in didn't... Why not just make stuff up, far more fun than posting actual information that is in the public domain and then doing analysis.

Just because some uninformed person doesn't know something doesn't make it inside information: it merely means that they are uninformed. As I have proved a number times.

Same applies where I pass information to a company and they subsequently make use of it. If I put information together from various sources it doesn't suddenly, magically become inside information.

xx

Https://twitter.com/sparkes_dwayne/status/1742365977202106636?t=pkT4U6qkjEdoVopbG0ZE8g&s=19

DYOR

Https://twitter.com/CopperBullish/status/1742364817409933697?t=Y1JrPzqwcLGQ8OM1YSivxQ&s=19

DYOR

Recon Africa update

https://finance.yahoo.com/news/reconafrica-announces-operational-licencing-filing-110000260.html

Elephant has the licence to the South/South West and the Damara Fold Belt continues into its acreage.

https://finance.yahoo.com/news/reconafrica-announces-operational-licencing-filing-110000260.html

file:///C:/Users/44797/Downloads/2023_08_16_-_ReconAfrica_Damara_Fold_and_Thrust_Belt_PR_Report_-_revised_%232.pdf

DYOR

Across the lake from one of our licences.

https://alliedgold.com/locations/cote-divoire-complex/

Interesting:

https://alliedgold.com/wp-content/uploads/2023/11/ALLIED-GOLD-ANNOUNCES-THE-CLOSING-OF-ITS-ACQUISITION-OF-THE-DIBA-PROJECT_vF.pdf

No doubt the bed wetters can get all excited about Altus Elemental but Sadiola is in Mali. The strategic reasons are interesting: it shows how they think.

Note the MRE from August 2022 was 312,000 oz at 1.24g/t.

$12mil budget for development and purchase price of $1mil up front, plus deferred amounts up to $5mil plus NSR royalty of 3% for the first 226,000 oz and then 2% thereafter.

Comments: you would expect gold assets in Mali to sell at a discount to Cote d'Ivoire and Kenya. 1.4g/t is nothing to write home about. A useful read across. Allied are taking the deal as a bolt on to have more throughput through their processing plant.

DYOR

So for instance, I have given the link for the Cote d'Ivoire Cadastre several times. Who has taken the trouble to look at it?

Well if they did they would see that directly to the north/north east of and abutting one of our licence applications that there is another licence application where the mineral of interest is lithium. Now that might be interesting. Just because someone has drawn a line on a map doesn't mean that mineralisation stops at the line.

DYOR

Yes and I thought why not just click on a link and read the information for once.

Ah, just read the second half of your nasty little post.

So how does this work? I can't make snide comments but it is okay for you to make defamatory remarks?

Your post also makes a further point; just because someone makes assumptions about possible explanations doesn't mean that they have covered all the possible explanations. Perhaps you need to look up the Dunning-Kruger effect? https://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect

And just for you a non-snide xx

Asking for a lot there Mr Rich.

I didn't post rockets I linked to an article that was on X formerly Twitter.

Twitter had recently changed the way in which it linked articles in Tweets. If people had clicked on the rockets they would have been taken through to the article in the usual manner. Twitter used to headline Daily Mail or Guardian or whatever but then dropped that for just the graphic. If you look at such current links you will now see that X/Twitter puts the name of the media in the bottom left hand corner in small print. Life is too short to exhaustively explain every comma and full stop to people.

I have never and would never post rockets, I am more than capable of using words. Mainly rockets are inappropriate because RRR could come out with good news and the price not move.

RRR has had lots of good news but it has made no difference. For instance the DRC news on the GE is good for us: what difference has it made?

DYOR

Our neighbours in Cote d'Ivoire

Their main land abuts some of our acreage.

https://www.youtube.com/watch?v=V-T8xhQkiYk

DYOR

HNY playmates.....

Anyone want to go through the news we are expecting and the order in which we should expect it?

xx

HNY playmates.

Fingers crossed NTOG gets a deal across the line.

DYOR

Https://www.bbc.com/news/world-africa-67850563

The right result for us.

DYOR

Https://www.businesslive.co.za/bd/markets/2023-12-29-copper-set-for-annual-gain-on-chinese-demand-low-stocks/

DYOR