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Very good interview.

Bottom line: activity improves the asset and sucks in potential buyers/partners.

DYOR

You miss out the warrant exercises, the sale of JMS shares and all the other assets that can be sold.

https://foreignpolicy.com/2021/08/11/tunisia-saied-ennahda-parliament-suspended-democracy-autocracy/

https://twitter.com/proactive_UK/status/1425447925182828545?s=20

Well lets see.

I am pretty sure that a license with 10k of cobalt in it is worth a fair bit more than you are estimating.

DYOR

Well now we can communicate TDT.

Lets suppose you are pretty much right on your first point re cobalt. Lets suppose that 10k of cobalt in the ground is only worth 1% of market value. 10,000 tonnes x $54,340 = $543,400,000: 1% of that is $5,434,000. RRR's current market cap is only around £7mil. This is the point with RRR, it doesn't take much to make a material difference. Drilling is continuing and as the company has indicated, it is looking to step out the drilling ie., they think the resource is larger. Separately, the company has indicated the the resource extends in the neighbouring block and that there is the possibility of a JV.

On the copper deeper down, it is a bit more than a hope. I posted a technical paper re cobalt in DRC and the geology they are seeing replicates the accepted model.
https://www.sciencedirect.com/science/article/pii/S2300396019301065
The cobalt tends to be shallower and the copper tends to be deeper in the form of sulphides. Anyway, we should know a bit more in the next two weeks when they have done a bit more drilling.

DYOR

Just bought some more, absolute gift. Migori is worth more than the market cap..

https://twitter.com/RRR_RedRock/status/1425374465664421891?s=19
https://twitter.com/RRR_RedRock/status/1425375096089292806?s=19

Migori is not exploration drilling, it is about doing the drilling necessary to improve the JORC and to make the asset more attractive to a partner or buyer.

It won't take much to significantly improve what we have.

Given the experience elsewhere it is likely that we can move to JORC north of 1mil ounces.
DYOR

https://twitter.com/RRR_RedRock/status/1425343754559500290?s=19

https://twitter.com/JunoMinerals/status/1425287577133740034?s=19

Brings the royalty payments a step closer.

DYOR

Very good.

So we have three active value creates on the go.

Maybe another RNS this week?

Ah the usual ad hominem and a quick side swerve when asked to discuss anything involving reading?

Anyway, I gave you some questions, as when you feel up to it.

DYOR

Another expert.

What is it with people who lost money that they think it makes them an expert?

Why not try doing some reading and analysis?

AB has said twice now that we have a cobalt discovery at Luanshimba: why not do some volumetric calculations and some valuation modelling? I would be interested in what you think, lets say, 10k tonnes of cobalt at Luanshimba is worth in today's market? If we add in the possibility of copper deeper down, what would that add? Or maybe, you can give us your opinion on what you think the RRAL valuation will be at IPO?

Or maybe you have some insight on how it is going at Juno?
https://twitter.com/JunoMinerals/status/1420176175826042883?s=20
https://twitter.com/JunoMinerals/status/1414815087924158466?s=20

Or maybe you can update us on your thoughts on Elephant Oil Corporation?

Any insights or wisdom at all would be most welcome.

DYOR

Is it any wonder that some people lost money hand over fist? They hold themselves out as experts but understand nothing except that they want to promote a certain narrative.

In January 2021 FSV topped out at CAD4.364c and yesterday after the drilling update it closed at CAD1.133c.

Any good news on exploration in Victoria is generally good news for RRAL and RRR regardless of the share price of the company coming out with the good news.

Whether the FSV share price is up or down has no bearing on whether the drilling results yesterday were good news or not. It was definitely good news and no too far from one of our larger licenses. The more discoveries that are made in Victoria the better for RRAL and RRR: it proves up the hypothesis that there is undiscovered gold all over the place.

The TSX is a messy market, I have a large holding in one company listed on there. I can tell you that you unless you are going to get a really decent valuation premium you would not want to list there. Just everything about it is cumbersome.

In the meantime, regardless of what the experts on here think, that was good news yesterday for FSV and for RRAL/RRR. I look forward to the IPO.

DYOR

https://twitter.com/pauljohnson9691/status/1424974735016931337?s=19

https://twitter.com/pauljohnson9691/status/1424744226655543301?s=19

https://twitter.com/TheMarketBullAU/status/1424705974435291137?s=19

https://twitter.com/RRR_RedRock/status/1424758913187123200?s=20

https://twitter.com/Fosterville_FSX/status/1424715312696602631?s=20

16.20 "any one of this projects coming to fruition could dwarf the current market cap"

POW current market cap is £25mil.

DYOR

https://audioboom.com/posts/7920755-alan-green-on-gfinity-power-metals-cvs-group

From 11.30.

RRAL from 15.30.

DYOR