Member Info for Helpful

Very Good as indicated multiple sites in Zimbabwe, all about to be brought into production.

Wrong on every single point.

But a better try.

Https://investingstrategy.co.uk/stock-tips/investing-in-zimbabwean-lithium-everything-you-need-to-know/?amp=1

DYOR

Looks like you are more than capable of getting yourself banned without any input from me. Poor effort old boy, the score is no more than 3/10. You need to put a bit more thought into your nonsense.

Ah Janica, the Oscar Wilde of the bulletin board world.

I am sure you can do a bit better if you put your mind to it.

xx

Yutani,

glad to see that your gin-fuelled diatribe didn't get you banned. I would miss you. All this banter is amusing. Same with the other trolls.

xx

Price?

He says going from 36k oz pa to 45k oz next year once El Limon is online. So he is saying that El Limon will produce 9k oz in 2024. At $2k per oz and a 3% royalty that is $540k pa ish to RRR.

DYOR

Talks about El Limon from 7.20.

https://www.youtube.com/watch?v=SWnsOgnm8P4

Soma owes RRR about $3mil to be paid from production at El Limon.

DYOR

Maqsood,

re the lithium assets. ALR/RRR has more than one licence in Zimbabwe and a few licence applications in the pipeline. That is the applications have been submitted and ALR is due to hear shortly,

In addition, RRR potentially has lithium elsewhere: it looks like there might be in lithium in Burkina Faso and in Cote d'ivoire. It is probably too early to say if there is anything commercial there. Once ALR has got the production at Tin Hill up and running, the second EIA application process should get started.

DYOR

Assumptions are fine, making stuff up isn't.

I posted this on here months ago.

By super shell, I mean it already has assets and income. Compare that to the more usual shell with no assets, no income and just enough cash to cover the transaction costs.

You need to learn what analysis is.

I see Yutani has not been around, surely he has gotten over his hangover by now or has he managed to get himself banned along with ST?

DYOR

The case against GeoEnergo was heard last week.

The case against Slovenia is separate and still proceeding.

DYOR

Agreed. I can't see anything that says PQE has filed for bankruptcy nor has it delisted. It has elected to stop reporting to the SEC which means it cannot list on NASDQAQ or NYSE. That was the reason for electing for SEC reporting several years ago.

It is still listed on TSX, Stuttgart, Frankfurt and was trading last week on OTC.

DYOR

This is the latest that is in the public domain.

https://www.sec.gov/Archives/edgar/data/1865833/000121390023044695/fs12023a12_elephantoilcorp.htm

DYOR

Cope harder Z.

Look up Prospect Resources and Marula.

No need to make it so obvious you understand nothing.

DYOR

100%.

You would have to be insane to convert at this stage.

*sorry based on Musonoi...

Based on Migori, stolen and sold for $420m.

Sold for $420m for a back door deal, how much for a fron door deal? What you reckon?

PS didn't you say you were going to wind your neck in, again?

Looking up cognitive dissonance it might help.

DYOR

I can't comment on stuff like that. You would have to ask Mr Bell.

When it messed up the last Grant well. Whilst the recent environment has been good oil price wise, the costs of drilling have gone up too. See the last set of accounts and the write off for the Grant well.

Turnover this year will likely be a bit over $4.5mil. With the last Grant well, if it had been successful, NTOG might have been looking at a bit north of $5mil.

It looks like Cypress doesn't want to drill another well, at least any time soon. So this puts NTOG in the position of, where is the growth?

Anyone looking at it will see a good revenue base, an expensive listing, an expensive Board but a good production track record and a decent level of carried forward losses. Given the choice between a cash shell and NTOG to reverse into a lot of management teams would prefer NTOG.

There are lots of deals out there. I expect NTOG will match up with one in due course.

DYOR