Member Info for Helpful

Https://www.mining.com/copper-price-highest-since-august-on-strong-chinese-imports/

DYOR

Https://www.washingtonpost.com/world/2023/12/21/congo-presidential-election-day-2/96862d2a-9fe2-11ee-9e0f-972979a6c22b_story.html

DYOR

Https://x.com/SomaGoldCorp/status/1737862479617593756?s=20

Gold currently $2,041.

DYOR

Non-shareholders all with an agenda opining on the company.

The company has just raised £610k.

Accounts signed off and no suspension.

Happy Christmas

DYOR

Https://twitter.com/SomaGoldCorp/status/1737540910257512664?t=a8x_CzRkdzDJXK2XAM6dFw&s=19

Read the announcement from Soma Gold; Not an announcement from RRR. Read their corporate presentation and their last AR.

The plan is for 8k Oz of gold from El Limon in 2024 and 12k Oz in 2025.

Soma Gold owes RRR just under $3m.

DYOR

Https://twitter.com/SomaGoldCorp/status/1737540910257512664?t=a8x_CzRkdzDJXK2XAM6dFw&s=19

DYOR

Https://twitter.com/CopperBullish/status/1737546024846336484?t=AZKrTeTEAWnDQouv_0hV6Q&s=19

DYOR

Https://www.aljazeera.com/news/2023/12/20/polls-open-in-dr-congo-amid-delays-logistics-issues

DYOR

What has that go to do with the DRC elections Dukey? Are you going to be a bit of a Santa and pay that money you owe to Christie's Hospital?

Https://www.aljazeera.com/news/2023/12/20/polls-open-in-dr-congo-amid-delays-logistics-issues

https://www.theguardian.com/world/2023/dec/20/democratic-republic-congo-elections-polls-open-delays-conflict-east

https://www.africaintelligence.com/central-africa/2023/12/20/tshisekedi-prepares-for-his-second-coming,110131655-art

DYOR

NSR:

https://en.wikipedia.org/wiki/Net_smelter_return

DYOR

Https://www.otcmarkets.com/stock/SMAGF/news?id=425349

"VANCOUVER, BC, Dec. 20, 2023 /CNW/ - Soma Gold Corp. (TSXV: SOMA) (WKN: A2P4DU) (OTC: SMAGF) (the "Company" or "Soma") is pleased to announce that increased production at the Cordero Mine will now support the restart of operations at the el Limon mill, which has been under "care and maintenance" since 2019. The mill restart process is scheduled to commence in early January, with an estimated completion time of 3-4 months. The decision to restart the el Limon mill, rather than relocating it to the el Bagre Gold Complex, was influenced by the close proximity of the el Limon mill to the recently acquired Aurora Mine on the OTU Centro concessions. The Company anticipates resuming mine production at the historically producing and fully permitted Aurora Mine by the end of F2024. Currently, Cordero mine's production surpasses the capacity of the el Bagre mill, allowing for the building of a stockpile. Once operational, the el Limon mill will process material from Cordero, Aurora and formalized small miners."

As I said. The plan is for 8,000 oz in 2024 and 12,000 oz in 2025.

Cue all the drivellers, going on about the wrong type of gold, the wrong type of dollars, the world is ending next week and so on....

Should be worth about $300k to RRR in 2024.

DYOR

"Raise funds" includes asset sales and/or JVs.

DYOR

"We expect to generate cash from sales of assets and from court and arbitration awards over the next few months."

DYOR

Sounds like they are promising no further dilution.

Targets:

Sell Macalder Tailings, JV Migori: pre-IPO and IPO NBGC: JV Cote d'Ivoire: Sell the El Limon royalty.

Not sure that they could IPO the royalty company but maybe they could sell it in exchange for shares in a listed royalty company.

DYOR

"We expect to generate cash from sales of assets and from court and arbitration awards over the next few months.

However, we are now in a position to start selling product, initially from Zimbabwe lithium, and a key task is to ensure that this item increases during the current year of account to the point where our sales and profits expectations provide tangible support for our value.

If proceeds are not received from the DRC arbitration early in the New Year then the Company will implement some combination of cost reduction, joint venture or farm ins, asset disposals, and financing, in order to focus on those activities that can lead to early cash flow."

DYOR

A fair bit of new information in there.

I will take It under advisement, you being the obvious and uncontested expert.

Boring boy is a non-shareholder and has been for some time. He originally invested over 11 years ago (according to him): he spends his life posting on here. I would suggest it is not possible for anyone to take the pixs out of him more than he already does himself.

Https://x.com/CopperBullish/status/1737123485426835630?s=20

DYOR