PROJECTS

Equity Portfolio

Valuation Snapshot

Our assets versus our market price — the gap speaks for itself.

Portfolio NAV
$0
Equity $0
Cash $800,000
vs
BAD Market Cap
$0
Loading...
Discount to NAV
0%

Equity Holdings Overview

Mammoth
Minerals

ASX:M79
$0.133
SHARE PRICE
54,147,158
SHARES HELD
$7,177,500
EST VALUE*

Sorrento
Resources

CSE:SRS
$0.25
SHARE PRICE
9,000,000
SHARES HELD
$2,250,000
EST VALUE*

Metalsource
Mining

CSE:MSM
$0.325
SHARE PRICE
3,400,000
SHARES HELD
$1,530,000
EST VALUE*

Cayenne
Copper

PRIVATE
$0.28
SHARE PRICE
1,800,000
SHARES HELD
$500,000
EST VALUE*

Rev
Exploration

TSX-V: REVX
$0.42
SHARE PRICE
500,000
SHARES HELD
$210,000
EST VALUE*

*Values shown are illustrative, based on recent market prices and FX rates. All figures are approximate and will be updated periodically. These values should not be relied upon as definitive assessments of true market value.

Mammoth Minerals (ASX: M79)

York Harbour Copper-Zinc Option Agreement

Total Potential Consideration*

MILESTONE STRUCTURE (2024–2027)

175,000,000

SHARES

$500,000

AUD

10km

DRILLING

Sep 2024

Milestone 1

  • AUD $200,000 cash
  • 100,000,000 shares
  • Ownership: 49%
Nov 2025

Milestone 2

  • AUD $100,000 cash
  • 25,000,000 shares
  • 5km drilling req.
  • Ownership: +11% → 60%
Sep 2026

Milestone 3

  • AUD $200,000 cash
  • 25,000,000 shares
  • 7.5km drilling req.
  • Ownership: +10% → 70%
Nov 2027

Milestone 4

  • AUD $100,000 cash
  • 25,000,000 shares
  • 10km drilling req.
  • Ownership: +10% → 80%

Why This Matters

Each milestone increases our equity position in Mammoth — while all exploration spending and drilling is fully funded by Mammoth, not Naughty Ventures. This means we benefit from the upside of York Harbour's advancement without operational risk or dilution.

*Future milestone payments and share issuances are subject to Mammoth completing the required obligations. Values shown are illustrative and not guarantees of future value.

Sorrento Resources (CSE: SRS)

Bottom Brook REE Option Agreement

Total Potential Consideration*

MILESTONE STRUCTURE (2025–2028)

20,000,000+

SHARES

% Based

FINAL SHARE ISSUANCE

$250,000

CASH

Milestone 1 (Nov 2025)
  • 9,000,000 shares
  • Ownership earned: 49%
Milestone 2 (Nov 2026)
  • CAD $250,000 cash
  • 11,000,000 shares
  • Ownership earned: +31% → 80% total
Milestone 3 (Nov 2028)
  • Additional shares equal to 10% of Sorrento's total issued shares at the time
  • Ownership earned: +20% → 100% total

Why This Matters

Naughty Ventures gains increasing exposure to a major rare-earth exploration project—without taking on the cost or dilution typically required to advance a high-grade asset.

Each milestone compounds our equity position as Sorrento progresses Bottom Brook.

*Future milestone payments and share issuances are subject to Sorrento completing the required obligations. Values shown are illustrative and not guarantees of future value.

Join Our Mailing List

Sign up to receive updates on our latest news and events. Your email will never be shared or sold and you can opt out at any time.

No, I don't want to receive updates

Thank you for subscribing!

We'll send you updates on our latest news and events.

Close