Member Info for Helpful

https://twitter.com/StockBoxMedia/status/1352556405832597504?s=19

Sounds like a Kenya update early next week.

DYOR

Well from RRR's point of view that reads pretty well.

It looks like there is a chance that there are Haematite fines at Mt Ida (Juno is going to test for them). Assuming that there is Juno will make a decision to mine and that will trigger the first of the $4mil payments due on RRR's royalty. The second $4mil is due when mining commences: Juno intends to be in production within two years.

That is a material difference to what we understood to be RRR's position. It would mean ealier payment on the $8mil, an earlier start to royalty payments and greater royalty payments.

Well done to AB on this one. I know that he was key in pushing this through.

DYOR

If production is able to commence at the Mt Mason DSO Hematite Project, it is proposed that
exploration and development work on targeting DSO would be undertaken to potentially
increase the DSO hematite resources on the CYIP tenements, which may increase potential
Project mine life.

During the period between 2007 and 2012, when Jupiter undertook exploration and conducted
a feasibility study, minimal exploration was conducted for further DSO mineralisation and the
potential for beneficiation of transitional zones at Mt Ida to produce a fines DSO product was
not investigated

It is envisaged that DSO Fines may be loaded into trucks at mine site, where they can be
transported by truck to a rail siding. The rail siding may initially be an alternate to the Company’s planned Yunndaga Rail siding. The DSO would be stockpiled at the siding and loaded onto rail for transport to Esperance. The containers will be stockpiled off Port, with the ship campaign loaded as required for export to the iron ore markets.

The IPO document can be found here..

https://www.jupitermines.com/cproot/1002/3/20210121%20Notice%20of%20General%20Meeting%20and%20Prospectus.pdf

It reads pretty well: AB is not a director going forward. That puts Tragic in a difficult position, does he troll them or not?

This gives the detailed schedule.

A step closer to monetising Mt Ida.

DYOR

Indeedy.

Based on the business plan from 2014, the royalty was worth about $10mil pa to Red Rock. This is now down to the new management and can they raise the funds necessary?

DYOR

Anyone seen Mr Tragic?

I am told that it is this Robinhood platform that permits commission free dealing. The same sort of dealing has been happening on other companies, it is not just NTOG.

DYOR

Ooops

https://twitter.com/EcoSenseNow/status/1351564371424550917?s=19

And this might cheer you up.

You Titan, are a bit slow on the uptake. You have been ****ging off NTOG and ML all the way from 0.25p. You have been consistently wrong all the way and still you prattle on.

Anyone investing NTOG from last March/April onwards has made good money but not you.

Could it be there is a little bit of jealousy creeping in?

So what do you reckon the next bit of news will be genius? Looks to me that NTOG might be over 1p pretty soon: maybe time to start exercising some warrants! What do you reckon?

DYOR

If he came out with immediate flow figures he would be accused of misleading the market.

If the result is so nailed on and certain because of it being up-dip and an offset well, what is all the squealing about? Bottom line is that it is a good well but anything could happen once it is put online: best to wait a couple of weeks and then confirm the flow.

DYOR

https://twitter.com/NTOGplc/status/1351546124864266243?s=20

Interesting....!!

https://www.londonstockexchange.com/news-article/POW/option-signed-australia-copper-gold-acquisition/14832372

RRR's holding in POW will be worth a lot of money shortly.

DYOR

Ah, the usual drivel.

Ancient history lessons ad nauseum. What matters is the production now, cashflow now, assets now and then in the near future.

What was happening when you were stupid enough to invest years ago is not very relevant. I have only ever made money on NTOG but you lost money what does that day?

This is going higher. It looks like the Cypress farm in will generate significant value for NTOG. What is 32.5% X 4 X EUR 80k bo worth?

Don't forget Cypress had 3D seismic: now they have drilled they will have recalibrated and reinterpreted. Future drills will be pretty much nailed on.

DYOR

Interesting buy at the end on Friday.

Someone is taking NTOG seriously.

Interesting on Red Rock.

https://twitter.com/StockBoxMedia/status/1350473013532233731?s=19

Off to Africa..

https://twitter.com/ABell2019/status/1350009059576053762?s=20

Likely means news next week.

DYOR

Current production is not 67 bopd.

The company has said it had shut in some production at Pine Mills when the figure was 67 bopd. It has since said that they have restarted the production. It has since bought Caballos Creek.

DYOR