RE: Recon Africa - Damara Fold Belt8 Jan 2026 14:45
Helpful re 13:59 re "Coming down the pipe" or "a pipeline of deals" are English metaphorical sayings.---
Agreed but you did not write either of those two statements.
Perhaps the problem is that you dont understand what you are writing?
You are once again distracting from the main point. None of work planned or projected Recon will be of any immediate benefit to ELEP and even less to RRR
Oil price is down. Venezuela looks to opening up the country for major oil investment. Even more relevant to RRR is the gold price has doubled yet the only the deal that AB was able to complete is sale of a royalty back to the producer (need I add that it was sold at a much lower price than you said just 30 days prior to that sale?)
I have heard the bullish story of ELEP for years and how much money it would mean to RRR. Nothing ever happened. IMO its even more remote (a cash liquidity event) now.
AB needs to get the ARB money, get a new DRC property that is in production, progress on JV housing deal, renew Migori license. You know-actual results for RRR;s shareholders.
AB is doing nothing for ELEP-just waiting which hardly justifies a salary does it?