Member Info for Helpful

CAD2.45

DYOR

Fill your life with something else, you will feel better.

zzzzzzz

CAD2.48

Who told us the warrants were worthless?

DYOR

The Grok Black Scholes calculation knows about the accelerated exercise clause.

DYOR

CAD2.44

I remember someone telling me the share price wasn't going up when it was CAD1.60. Assumptions are not facts.

zzzzzzz

DYOR

Boring Boy, as has been pointed out to you before but has obviously not penetrated.

Just because you make an assumption it doesn't become a fact.

I really am not interested in your opinion now or in the future. If and when Soma decides to issue the notice on the accelerated exercise, it will necessarily be in the future. You don't know that future and neither do I. Yet you continue to make assertions based on your assumptions that are not facts.

You don't know what the share price for Soma will be in April/May/June 2026 and neither do I. You don't know what RRR's financial position will be then and neither do I. Why you make yourself look a fool like this is beyond me.

Again, you make assertions about terms on which "the lenders" will lend to RRR: again, you don't know but make out that your opinion is a fact.

Note that the Accelerated Exercise clause is discretionary, it is not automatic. If it were automatic it would come into effect without Soma needing to issue a notice.

You really do need to find something to fill your life.

zzzzzzz

DYOR

Https://www.lse.co.uk/rns/RRR/sale-of-royalty-j38fdgh1ue3x7mi.html

"The additional consideration is upon the same terms as the subscription rights attached to placement shares issued to subscribers to the most recent private placement of Soma on 29th August 2025, including the accelerated exercise provision."

DYOR

I have not seen the warrant deed, ask TDQ he knows everything.

Why is RRR's upside limited? Work it through step by step.

1. The SP has to close over CAD3.00 for 30 consecutive days

2. Then at least seven days notice has to be given

3. Then 30 days in which to exercise the warrants

The SP could be CAD3.01 or CAD3.50 or CAD15.00 or any other number

There is nothing that says that RRR has to sell the shares, it can keep them. Even if we started the clock from today, it would be 67 days from today. Lets assume it starts from 1st February, then would have to exercise somewhere around 8th April. None of us know what the SP will be by then.

By 8th April the following is likely:

1. Soma confirms throughput on El Bagre and El Limon along with the head grade

2. Indicative results from the drilling on the Copper anomaly

3. Updated on Escondida, Manchuca and the former illegals

4. Update on the ore sorting kit

5. The AR for 2025

DYOR

https://*********************/newsfeed/article/red-rock-resources-acquisition-of-berringa-gold-mine-complete-1493576

"the focus of planned drilling will be to demonstrate the remaining gold endowment which, as outlined in 2004 and 2014 technical reports, includes possible exploration target ranges down to 1000m of 0.91 to 3.89million*,** and 0.70 to 2.91million*,** ounces of au respectively.1,2 further details in respect of these exploration targets are provided below."

https://www.lse.co.uk/rns/rrr/victoria-goldfields-berringa-drilling-results-pgcxwqxxtg36qch.html

in the current environment berringa is worth decent money. if we hear that ab is off to australia, you know what happens next......

dyor

Mr Attention-seeker, this is what the LIFE Offering document says, I know you know because you read everything.

"Each Unit will consist of one common share of the Company (a “Share”) and

one-half of one common share purchase warrant (each whole warrant, a

“Warrant”). Each Warrant will be exercisable to acquire an additional Share (a

“Warrant Share”) at an exercise price of $2.00 per Warrant Share for a period

of 36 months following the Closing Date (as defined herein). The Warrants will

be subject to an accelerated expiry provision such that if, for any 30

consecutive trading days (the “Premium Trading Days”) during the unexpired

term of the Warrants, the closing price of the Shares exceeds $3.00, the expiry

date will be accelerated to 30 calendar days (the “Acceleration Clause”). The

activation of the Acceleration Clause will be announced by press release and

the 30-day period will commence 7 days after the last Premium Trading Day."

So for the accelerated exercise to come into play, Soma Gold share price has to close over CAD3.00 for 30 consecutive days, 7 days notice is required and then 30 days in which to exercise. Remember you said that the warrants would be worthless?

So if for any 30 days period the SP closes over CAD3.00 for 29 days but one day it closes below CAD3.00 then the clock restarts. The seven days starts when the company issues the notice. So there is plenty of warning.

DYOR

CAD2.42

DYOR

CAD2.40

Ooo er Missus. If the price gets to CAD 3.00 and holds above for CAD3.00 for 30 days then we have to exercise.

DYOR

Https://x.com/i/status/2016429850395857022

DYOR

Https://x.com/i/status/2016474264711410079

DYOR

So gold went past $5,300 earlier.

Good luck with those gold shorts.

DYOR

$5,272

DYOR

$5,186

DYOR

Or maybe it is going higher

https://x.com/i/status/2016239699686281682

DYOR

$5,181

I remember someone telling me gold wasn't going up when it was $1,900. Who was that.......?

NB I think this is the Iran risk premium. Likely it goes back down in due course. Likely it has moved too quickly to hold. But who knows?

DYOR

Finished at CAD2.30. What was that? Someone was insisting for weeks that the share price was going nowhere, really?

Black Scholes method valuation:

"The value per warrant is approximately CAD 1.17. For 200,000 warrants, the total valuation is approximately CAD 234,600"

Up coming news:

Completion of the copper drilling

Confirmation of plants at 100% throughput and higher grade material.

Q4 performance probably March.

zzzzz

DYOR