Member Info for Positivevibes

The valuation gives us a x4 bagger straight away but uses a $55 bbl base oil price which is heavily discounted in a rising market. Currently around $75bbl.

Also doesnt touch on the 2 BILLION barrel proven basin that Block XX extends into.

Compare that to the current mkt cap!

Heavily derisked now too.

With news due tomorrow on plateau and copperhead drilling about to start - if he was informed he would know Rock are in the strongest position in there history and at a trasformative time for the company as we finally drill at the company makers

https://youtu.be/Jge-FKWWaJc

Video from yesterday

At a current copper price of £4,535 per tonne, this represents an in-ground value of £555m*;



· Rockfire has developed a staged exploration target, with planned drilling expected to deliver the next milestone of between 50 - 100 million tonnes, with a grade range of 0.30 - 0.40% Cu equivalent**;



· The estimated tonnage only includes a small drilled portion (approximately 5%) of a large surface geochemical anomaly which is 3km x 2km in area and mineralisation remains open in all directions

From the RNS on copperhead in 2019 - since the copper price has increased and the target doubled - and we're about to drill the same holes that previously returned grades up to 2.8% Cu

5% = 555million in 2019

https://youtu.be/QBRWhTcbWkE

2.23 15-20 million onces

It's benifit CGNR massively, but demir the most - both parties will benifit too much for it not to happen. The largest gold mine in the EU is 4.4million ozs in Finland - CGNR could be much bigger, fully funded to production on a profit sharing basis with demir

Funding option

The JV is the main funding option and that's well advanced as they've said in the RNS.

That'll be the next big news and I'm gonna expect that shortly as the agreements in principle would already have been sorted

"Our regional exploration programmes continue to progress and the results from recent soil sampling at Bell Rock are pleasing. The gravity survey at Plateau is progressing well and should be completed within the next two weeks. This survey is aimed at testing for a gravity anomaly at depth beneath Plateau, which may indicate a source for the gold already found there. Any gravity anomaly detected is likely to become a priority drilling target.

Thursday will be 2 weeks since the 24th

Dyor people - 8.8mil.oz potiencially 15-20mil ozs
Funded to production on a profit sharing basis with JV conclusion shortly

“The continued progress on the Company’s Glenish licence, including the discovery of a substantial new gold anomaly at Corlongford close to the border with the Clontibret licence, is highly encouraging and gives further credence to the estimates of 8.8 million potential contained ounces gold in the Clontibret-Clay Lake-Glenish gold target areas. This is in addition to the 517,000 ounces gold (JORC 2012) resource at Clontibret. I am looking forward to accelerated progress in the coming year as part of a joint venture relationship and the Company is planning accordingly.”

The JV will fund up to production in a profit sharing basis

Market still not convinced when everything will clearly come together shortly

We knew they were over half way through the due diligence process 4 weeks ago if you watched the video I shared, iv been topping up the last two weeks.

Dyor and stick to it, potiencial 8.8mil.oz funded to construction ready status and the to production on a profit sharing basis - the jam tomorrow crew are a bunch of people who never made proper money year and hear and are sour about it - timing is everything

https://youtu.be/sRX_zWr3Irs

25minutes in for copperhead - 29minutes in "we've found copper, we know it's there" up to 2.8% Cu with copper found every 30meters and all holes ending in copper

Copper grades are up to 2.8%

I would sell your RMM

Confirming a multi billion asset at copperhead or copperdome while surrounded by copper refinery's will see many multiples on the current Mcap

Copperheads copper at shallower depth - historical drilling brought back grades up to 2.8% Cu

52weeks highs will be broken on drilling commencing
Aerial results due to futher expand plateau
Fully funded campaign at copperdome afterwards

Previous nothing has justified the sustained rise
Now gold assets will be furthest mature
And first drilling campaign at the copper assets that could be the company makers - 5yr and 52weeks highs will be broken on copperhead drilling ( "we've found copper, we know it's there")

Half a billion is for 5%

The target has doubled and copper price has increased
+ Copperdome and gold assets

Rock 9 mil Mcap

555mil in ground value - this estimated tonnage only includes a small drilled portion ( approximately 5% )

Since the target has doubled and the copper price has increased

https://www.lse.co.uk/rns/ROCK/magnetics-doubles-copper-target-at-copperhead-4trms3azztd61my.html

Potentially multi billions worth of copper at the first fully funded copper campaign

https://youtu.be/sRX_zWr3Irs 25minutes in he starts speaking about copper head and copperdome - 29 minutes in " we've found copper, we know it's there"

Drilling to start within the next 2 weeks - and the fully funded to move to copperdome
Aerial survey for gold at depth at plateau also due likely this week

https:// t.me / joinchat / BnZARo96YkA4YTg0

https:// t.me / joinchat/ bM-XMjkBdxFjMTNk

https://youtu.be/sRX_zWr3Irs drilling at copper head shortly - 25mins in they speak to both copper assets - 29mins in " we've found copper, we know it's there"