Dullards26 Jan 2026 12:34
Hypothesis: the price of gold has no effect on RRR.
1. Without the rise in the gold price from $1,900 to $3,200 last year and $5,100 now, Soma Gold probably wouldn't have wanted to bring El Limon back online.
2. Soma probably wouldn't have been able to raise the capital it did last year. This allowed it to retire expensive debt funding and buy back the El Limon royalty from RRR.
3. Without the first two, Soma wouldn't have wanted to buy back the royalty.
4. The gold price has an effect on the Soma share price and in turn our warrants.
5. Without the rise in the gold price it would likely be the case that we couldn't sell CDI on the terms agreed.
I could go on but then I would be turning into a Boring Boy Regen.
As we all know the market is focussed on other things but in due course the rise in the gold price will benefit RRR.
If you look at the analysis that is out there, small mining companies have yet to respond to the metals upturn.
zzzzzzz
DYOR