Throughout 2022 and early 2023, various evaluations and preliminary assessments of numerous international private and public companies had been identified. Geographically these have been located in Canada, the US, Scandinavia, Spain, Brazil, Peru, Chile, Ghana, Kenya, South Africa, Poland and Australia. Commodities have included potash, silica, alumina, copper, nickel, gold, silver, metallurgical coking coal, energy fuels substitutes, lithium, oil / gas and geothermal production. A total of 17 opportunities have been examined and ranked. We have ranked these using the following criteria:
- Mineral commodity,
- Acceptable low risk operating jurisdictions,
- Business model of the RTO target,
- Timeframe to revenues.
During the course of our investigation, we have also been contacted by two non-mineral resource companies. Discussions with these more financially advanced entities indicate there is potential for us to move into the Artificial Intelligence / Media or Financial Services or other sectors. Being revenue generators today, these warrant further investigation and we therefore expanded our RTO investigation of opportunities beyond mineral resource sector.