RE: Video7 Nov 2025 14:22
Banburyboy- Correct the $22.5 million is not going to RRR (AB stated it was for the Housing JV for the first 3 factories to build houses)
Helpful's post IMO was not misleading -"We are waiting for the payment' does not imply RRR is getting funds. I can state I am waiting for the funds to arrive (to housing jv) Why? it shows continued progress. RRR will benefit from future profits (if any) from that JV. AB said the first 3 factories are just the start
That fine with me. Start with 3, get money for 3, build factory, build houses, sell house, make profit. RRR should continue to provide updates
AB also stated it will months to build the factories to start the process. Again that makes sense to me
Clearly there is a lot of activity. IMO AB is laying the foundation of something very very significant. DRC is country with vast untapped mineral wealth with an emphasis on copper and cobalt both in very high demand with the richest ore grades in the world.
Details will emerge over the coming months. Yes months- not hours, days or weeks but MONTHS
Mining properties to be selected by RRR, agreed upon, terms negotiated, production plans prepared and then a financing partner found. Steps all identified by AB Notice there is nothing in those steps that RRR is putting up the production. I fully expect it will RRR money to this, RRR now has money and will get more money from sale of IC (Dec 2025) and arbitration (unknown timing) I doubt no significant costs (over 100k) will be spent until a property is acquired and initial plans made (say Feb 2026 or later-the property will be identified earlier, information released etc but it takes time to put together plans), find a financing partner (say June 2026), Production can start say by 2027. All of this is just pure conjecture (LOL ie speculation) but I am just tossing out timelines to illustrate that things take time). Also note the bigger production plans take more money, which means more time to find a partner, and more to place into production