Member Info for Helpful

Mt Ida is fully permitted, including water rights.

DYOR

Some are trustworthy and some aren't. Plus there are degrees to it.

DYOR

Look up hygiene zone or barrier zone. Plus you spread the fixed cost over 4bn tons rather than 1.9bn tons. The CAPEX wouldn't 2x to do both together.

DYOR

$4,163

DYOR

ps just in case tdq come back with one of the drama sqweems....

https://x.com/i/grok/share/0pv89wfn1lfmzfnd3pjf0cthb

"in summary, the geographic and technical fit strongly favors consolidation, potentially mirroring successful yilgarn integrations like han****'s hope downs expansions. as of late 2025, no formal partnership is public, but juno's partner hunt and the projects' neighbor status make it a logical next step—watch for announcements in q1 2026 as mt bevan's fs progresses."

and no, i am not inside and no one has briefed me. it is what is called analysis.

rrr has two outstanding usd4mil payments and a 0.75% royalty on all iron ore produced (magnetite and haematite).

dyor

Speccy, I post information, make of it what you will.

" A number of international parties have reviewed the Project to date, however, have not proceeded any further at this point"

Several "International Parties" are now familiar with the project. Just because no one has taken it further as yet, doesn't mean that they won't when conditions are right.

Several international parties is better than no one was interested. The amount of work that goes into reviewing a project like Mt Ida is considerable. Companies will have spent decent money to look at it properly. Jupiter spent circa AUD40mil on it when they had it. These things don't come cheap.

If you followed the story closely, as I do, you would have picked up on a hint in one of the earlier quarterly updates.

The most likely outcome, IMHO (note not a fact regardless of what TDQ asserts) is that a deal is done so Mt Bevan and Mt Ida are developed at the same time, as one project.

https://x.com/i/grok/share/kegM31do4PrWN5ML5I903ZLBP

Brian Gilbertson once said that if you want to get more profitable in mining, you get bigger. The stuff about economies of scale becomes very real with regards to mining projects.

https://x.com/i/grok/share/LWd5eDIcnDFOW11oSLxhdI8LM

https://wcsecure.weblink.com.au/pdf/LCY/03016457.pdf

"The mining lease application has been submitted, and the associated native title process is currently in progress."

Of course double check with the TDQ, she probably knows better, as always.

DYOR

Https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03028161-6A1299107&v=undefined

" A number of international parties have reviewed the Project to date, however, have not proceeded any further at this point"

DYOR

Zephyr should be following what AST are up to in the Paradox Basin.

DYOR

I know from other dealings that offtakers like Glencore and Trafigura are fully onboard with the copper shortfall story, as are the royalty companies.

So much so that they are willing to fund significant CAPEX for the right deals with early production.

DYOR

Speechless! Don't promise things you won't deliver Foggie.

zzzzzz

$4,163

DYOR

Avis is French, Boring Boy.

The fact you don't know what it means won't stop you prattling on.

If you read this carefully along with earlier RNSs and AB's various broadcasts and interviews, the situation appears to be as follows:

RRR turned up a meeting for the Arbitration Court earlier in the year. At that meeting RRR expected to sign a deal agreed with VUP prior to the meeting. In the meeting VUP reneged on the agreement and made claims and allegations that required a ruling from the Cour de Cassation. According to RRR the Court of Arbitration would welcome the Cour de Cassation's ruling on these matters. The reason? Well these were matters beyond the competence of the Court of Arbitration.

The Avis appears to be an investigatory mechanism used by the Cour de Cassation to decide the underlying claims and the applicable law.

It seems that the Avis has been made, that the Judgement has been made and now RRR awaits confirmation of the same.

Below is from Grok which addresses something called Extrait de Role. From using Grok, I would say it is indicative rather than definitive. In a number of queries it has changed it's statements as a result of questioning.

https://x.com/i/grok/share/GBA1hVWbZKClb311xzOHtb6hN

Bottom line, until someone who is an agent of RRR has the Arret in their possession, it ain't done.

As I see it, AB has gone for three reasons: receive the Arret and deal with the transfer of the $15m; deal with the transfer of the $22.5m; deal with the issuance of the mining concessions.

As with all these matters, it ain't done till it is done.

DYOR

And Greatland Gold.

https://find-and-update.company-information.service.gov.uk/company/05625107/filing-history?page=5

DYOR

Https://x.com/ABell2019/status/1992905690235765003?t=1wBlNWTi7sUhRFuvsIXKaA&s=19

DYOR

Usual technique. Comes out with something obviously erroneous. Gets picked up and corrected. Immediately starts drivelling on about other unconnected stuff hoping no one notices.

The Koto JV is not out of the blue.

zzzzzzzz

DYOR

The Housing JV has been since October 24.

RRR RNS'd it.

DYOR

Good!

DYOR

Https://x.com/SomaGoldCorp/status/1993352513769423175?t=QglO6Nqv7kfGH2zMSBWP4g&s=19

DYOR

Given that you are expert in lying, I am surprised about your Bilbale comment. Surely it is lies not lie or have you got your Rusty the Boring Accountant hat on and it is lie, to be on the safe side? Never known you to not exaggerate when it suited you.

Are you sure you are ok? Are you building up to a TDQ sqweem?

zzzzzzz

This is a straight out lie,

"Bells line is it's missing. No update from Bell on locating it. Appears a failing of management stewardship on safeguarding companies assets to me" and you know it is a lie.

zzzzzzz

DYOR