Disclaimer
This Disclaimer governs your use of Metal Pilot. Metal Pilot is an informational and analytical platform focused on mining, oil & gas, and related commodities companies and projects. The Service is intended solely for general informational, educational, and research purposes. By accessing or using the Service, you confirm you have read, understood, and agree to be bound by this Disclaimer in addition to our Terms of Service and Privacy Policy.
1. Provider Information
Metal Pilot is operated by the following provider:
Legal name: Wojciech Rzepka Software
Trading name: Metal Pilot
Tax ID (NIP): 9721364903
Country of establishment: Poland
Contact email: contact@metalpilot.com (full registered address and REGON available on request)
In this document, "Metal Pilot", "we", "us", "our", and "the Company" refer to Wojciech Rzepka Software, and "the Service" refers to the Metal Pilot platform, website, and related services. The email address contact@metalpilot.com serves as our single electronic point of contact for users and for communication with authorities.
2. Not Investment, Financial, Legal, or Tax Advice
Nothing on Metal Pilot constitutes investment, financial, trading, brokerage, legal, tax, accounting, or other professional advice. The content presented on the Service:
Is provided for general informational and educational purposes only.
Does not constitute investment advice, financial advice, trading advice, or any other sort of advice on which you should rely.
Is not a recommendation, offer, solicitation, endorsement, or inducement to buy, sell, hold, or otherwise transact in any security, commodity, derivative, or other financial instrument.
Does not take into account your personal investment objectives, financial situation, knowledge, experience, risk tolerance, or particular needs.
Should not be treated as a substitute for independent professional advice from a qualified financial advisor, broker, accountant, tax specialist, or attorney licensed in your jurisdiction.
Does not constitute an 'investment recommendation' within the meaning of Regulation (EU) No 596/2014 (Market Abuse Regulation), has not been prepared in accordance with requirements designed to promote the independence of investment research, and is not subject to any prohibition on dealing ahead of its dissemination.
You are solely responsible for your own investment, trading, and financial decisions. Before acting on any information obtained through Metal Pilot, you should conduct your own independent research, verify the data against original public filings and other authoritative sources, and consult appropriately qualified professional advisers.
3. Investment Risk and No Guarantee of Results
Investing in mining, oil & gas, and other commodities-related companies involves a high degree of risk, including the potential loss of some or all of the capital invested. By using the Service, you acknowledge that:
Past performance is not indicative of, and does not guarantee, future results.
Resource estimates, production guidance, reserve classifications, and commodity prices are inherently uncertain and may change materially over time.
Mining and oil & gas projects are subject to operational, geological, technical, regulatory, environmental, political, currency, and other risks that may cause actual outcomes to differ materially from estimates or expectations.
Smaller, exploration-stage, and development-stage issuers may be especially speculative and illiquid.
You may lose more than you anticipated, including your entire investment.
Metal Pilot makes no representation, warranty, or guarantee that the use of the Service will lead to any particular financial outcome, profit, or avoidance of loss.
4. Information Accuracy and Completeness
Metal Pilot aggregates, normalises, and displays publicly available data drawn from sources such as company filings, technical reports, annual reports, and other third-party sources. While we make reasonable efforts to keep the data current and accurate, you acknowledge and agree that:
The information presented may contain inaccuracies, omissions, typographical errors, outdated values, classification errors, or other defects.
Data may be delayed relative to the original source and may not reflect the most recent disclosures, corporate actions, market prices, or other developments.
Market capitalisation, share counts, currency conversions, commodity prices, reserve and resource figures, ownership percentages, and other quantitative fields are estimates derived from third-party data and may differ from values published by the issuer or other data providers.
Ratings, classifications, keyword tags, strategic-project designations, and other derived metrics reflect Metal Pilot's internal methodology and are inherently subjective.
Metal Pilot does not warrant that the Service, its content, or any underlying data is accurate, complete, current, reliable, error-free, or uninterrupted, and provides all content on an 'as is' and 'as available' basis.
The universe of companies, projects, and data points covered by the Service is limited to the documents Metal Pilot has ingested. The absence of a company, project, commodity, or figure implies nothing about that company or project, and coverage depth varies by issuer and filing type.
For authoritative, complete, and up-to-date information about any company, project, or security, you should always consult the original source filings, the issuer's own disclosures, regulatory bodies, and other primary sources.
5. Indicative Prices and Estimated Values
The Service is not a market-data product and does not provide real-time or delayed market quotes. You acknowledge that:
USD values, revenue estimates, portfolio value mixes, production-value figures, and valuation ratios (such as market capitalisation per unit of resource) may be calculated using static, internally set indicative commodity prices rather than live or recent market prices.
Indicative prices are periodically revised at Metal Pilot's discretion, may deviate materially from current market prices, and are used solely to enable relative comparisons between companies and projects.
Such estimated values must not be treated as fair values, appraisals, price targets, or estimates of realisable revenue or proceeds.
6. Methodology and Derived Figures
Figures displayed on the Service are outputs of Metal Pilot's own normalisation and aggregation rules and may differ — sometimes materially — from the figures published by the issuer. These rules include, among others:
Unit conversions and equivalence conventions, such as the 6 Mcf ≈ 1 BOE gas-to-barrels-of-oil-equivalent convention and the treatment of liquids reported in BOE-family units.
Attribution of disclosed volumes by ownership percentage, royalty or stream rate, and reporting basis (gross, working interest, or net after royalty).
Inclusive versus exclusive treatment of mineral resources relative to reserves, including a default treatment where the source is silent; Inferred resources are excluded from headline resource-base figures and shown separately.
Annualisation and period conventions for production and guidance figures, deduplication of overlapping disclosure rows, and selection of the latest available disclosure when several exist.
Normalisation of values reported at different magnitudes (for example NPV figures reported in thousands or millions), with some totals deliberately suppressed or flagged where the source's scale or basis is ambiguous.
Scoring scales, bands, weights, and thresholds for ratings, strategic-project designations, and size tiers, all of which are set by Metal Pilot and may change at any time, altering current and historical displayed values.
Metal Pilot is not a Qualified Person (within the meaning of NI 43-101 or SEC S-K 1300), a Competent Person (within the meaning of JORC, SAMREC, or PERC), or a qualified reserves evaluator or auditor (within the meaning of NI 51-101 or COGEH). Nothing on the Service constitutes a technical report, mineral resource or reserve estimate, or reserves evaluation prepared under any reporting code. Reserve and resource figures shown on the Service are transcriptions and recalculations of issuer disclosures and have not been independently verified, audited, or endorsed by any qualified or competent person.
7. Forward-Looking Statements
The Service may include forward-looking statements, including but not limited to production guidance, life-of-mine estimates, project economics, growth projections, and commentary on industry or commodity trends. Forward-looking statements are inherently uncertain and involve risks and assumptions that may prove incorrect. Actual results may differ materially from any expectations expressed or implied. Metal Pilot undertakes no obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by law.
8. Artificial Intelligence and Automated Processing
Metal Pilot uses automated systems and artificial intelligence ('AI') to ingest, parse, normalise, classify, summarise, and otherwise process publicly available information about companies and projects. You acknowledge and agree that:
Parts of the content displayed on the Service — including summaries, descriptions, keyword tags, sector classifications, project ratings, and other derived fields — may be generated, augmented, or post-processed by AI or other automated systems.
AI-generated and automatically classified content may contain inaccuracies, hallucinations, misattributions, omissions, biases, or other errors, and may misinterpret source material.
Categorisations and ratings produced by AI or by Metal Pilot's methodology are subjective and may differ materially from classifications used by issuers, regulators, analysts, index providers, or other third parties.
The presence of AI-generated content does not imply any independent verification, audit, or endorsement of the underlying source data.
You should not rely on AI-generated content as authoritative and should always cross-check material facts with primary sources before making any decision.
9. Third-Party Data, Sources, and Links
The Service incorporates or refers to data, content, and links from third-party sources, including company filings, technical reports, regulatory disclosures, exchange data, news outlets, and other publicly available materials. Metal Pilot is not responsible for:
The accuracy, completeness, timeliness, or reliability of any third-party data or content.
The content, privacy practices, security, or operation of any third-party websites or services that may be linked to or referenced from the Service.
Any damage or loss caused or alleged to be caused by or in connection with the use of, or reliance on, any such third-party content, data, products, or services.
References to third-party data, companies, ticker symbols, projects, or trademarks are made solely for identification and editorial purposes and do not imply any affiliation with, endorsement by, or sponsorship from those third parties.
10. No Fiduciary or Advisory Relationship
Your use of the Service does not create any fiduciary, advisory, brokerage, agency, or similar relationship between you and Metal Pilot or its operator. Metal Pilot:
Is not registered as an investment adviser, broker-dealer, investment bank, financial planner, or licensed financial professional in any jurisdiction, and does not purport to act in any such capacity.
Does not provide brokerage, trade execution, portfolio management, or order-routing services.
11. Jurisdictional Limitations
The Service is not directed to any person in any jurisdiction where the publication or availability of such information would be contrary to local law or regulation. It is your responsibility to determine whether your access to and use of the Service is lawful in your jurisdiction. Nothing on the Service constitutes an offer to sell, or a solicitation of an offer to buy, any security or financial product in any jurisdiction in which such an offer or solicitation would be unlawful.
12. No Warranty
The Service is provided on an 'as is' and 'as available' basis, with all faults and without warranty of any kind. To the maximum extent permitted by law, Metal Pilot expressly disclaims all warranties, whether express, implied, statutory, or otherwise, including without limitation:
Any implied warranties of merchantability, fitness for a particular purpose, title, and non-infringement.
Any warranty as to the accuracy, completeness, reliability, currency, suitability, or availability of the Service or its content.
Any warranty that the Service will be uninterrupted, secure, error-free, or free of viruses or other harmful components.
13. Limitation of Liability
To the maximum extent permitted by applicable law, Metal Pilot, its operator, and its affiliates shall not be liable for any direct, indirect, incidental, special, consequential, exemplary, or punitive damages, or any loss of profits, revenues, savings, data, business opportunities, goodwill, or other intangible losses, arising out of or in connection with:
Your access to, use of, or inability to access or use the Service.
Any decision made or action taken, or not taken, by you in reliance on information, ratings, classifications, summaries, or analytics provided through the Service.
Any investment, trading, business, or financial decision and the resulting gains, losses, or other financial consequences.
Any errors, inaccuracies, omissions, delays, or interruptions in the Service or in any data sourced from third parties or generated by automated or AI systems.
Any conduct or content of any third party referenced, linked, or otherwise made available through the Service.
Unauthorized access, use, or alteration of your transmissions, content, or account.
You expressly agree that you assume full responsibility for any decision you make based on information obtained through the Service and that you use the Service entirely at your own risk.
Nothing in this Disclaimer excludes or limits liability for willful misconduct, gross negligence, or fraud, or any liability or consumer right that cannot be excluded or limited under the applicable laws of your state, province, or country of residence, including the Australian Consumer Law.
14. Acknowledgement and Acceptance
By accessing or using Metal Pilot, you acknowledge that you have read, understood, and agree to this Disclaimer. If you do not agree with any part of this Disclaimer, you must discontinue use of the Service immediately.
15. Changes to This Disclaimer
We reserve the right to modify this Disclaimer at any time. If we make changes, we will provide notice by posting the updated text on our site and updating the "Last Updated" date. Your continued use of the Service constitutes acceptance of the modified Disclaimer.
16. Contact Information
If you have any questions about this Disclaimer, please contact us at contact@metalpilot.com.
Last Updated: 17 June 2026
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