Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
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Bratt90
watching for now on TRP, waiting for the next RNS on rig
Earlofaim you still in TRP just waiting on funding now to drill the apraisil well in june oil has already been confirmed
Gordonbennett
some fantastic research on UOG
take a look
Sp is back in the buy zone
Banburyboy
still watching, I don't know what to believe in this company
Zumore i think AB is full of it there is a video of an interview with stockbox i think it was in november he basically said he does not need to be in the DRC to recieve the money, if any one can remember that trip to zimbabwe then was on to the DRC after there but he never went saying he does not need to be present if and when the money lands
Not the tiddlers but obvious chunks of a larger holdings. I refuse to believe a CEO wouldn't be blasting good news from the rooftops 2 days before an AGM. The only "leak" would be of bad news.
Bell always said any chance of money he would be on the plane to Congo. Then once in Congo he would be sat next to the DRC bank manager to make sure all the money went into the RRR bank account.
I don't often look at his personal twitter but i was intrigued to see if he was in the Congo. But looking at this tweet he was wishing Red Rock shareholders an "Happy Shrove Tuesday" while eating dinner at a relatives house.
https://twitter.com/ABell2019/status/1757559554219368624
Gordon a strong accusation.
You gave others on here a hard time for pointing out risks , which was not nice
It may well still come good but looking less likely its in days. Dilution was allways the risk.
Welcome to the world of disgruntled RRR share holders :)
Maidit - the RRR share price is depressed as it has over promised and over delivered for the entirety of the millennium.
Nothing to do with posters on here.
If Bells get the cash it will fly. If he does not it won't.
We have told you the tell tale signs he won't get the cash ( not going to DRC, Reach RNS, imminent placing from Fridays GM).
What you and I think won't alter the end game but the "evidence" suggests all is not good.
Looks like he may well have lied to us. All. Disgusting behaviour if true. He tweeted that the resolution was nearly resolved and we would receive an update early this week….now Wed
Things looking less likely with each passing day.
Come on AB! Pull the rabbit out the hat you owe most money here.
Cannot compare vast to rrt. Vast difference in the number of shares requested. We are not in debt. I have voted no to placing of share and request others to do so. We have to stop here. Better to loose the lot than to allow more loot. Enough is enough. Either the DRC money or shut the shop AB.
“…..we could safely have 100bn shares with no consolidation. ”
Correction
100bn+
TDT
Get back to VAST PANDA, there is no need to be here this early in the morning D-ramping with the rest of the trolls LOL!! ARE YOU PAID?? we know the trolls like to start beating on RRR from 7am every day to try and keep RRR SP depress, but it won't work,
Should read 0.0635p not 0.635p.
That was the level RRR were doing placings 18 months ago.
0.0635p is a given for 19th Oct CLNs.
This seems to be higher risk to major holders than 0.075p last time.
My starter for ten is a whole package at 0.635p ( CLNs and shares to raise working capital)
Any other takers in the sweeps.
Panda Bells done a consolidation.
He set the nominal value so low [ that's the floor stopping issues] at 0.01p that we could safely have 100bn shares with no consolidation.
Raises will in a years time be for 5bn at a time for 0.02 or 0.03p to raise a small amount.
The death knell for our new and expectant holders pulled in by the recent REACH RNS.
Let's hope he gets $7.5m and that can be avoided.
Indeed, H5O.it takes a while to re-rate, especially when SP is starting it's journey from 0.06 but hitting 0.11p / 0.12p on the ask twice in a week, even with the discounted loan note RNS, is hugely significant IMO...
perhaps 3rd time lucky that the next time we break 0.11 we will keep it, and move quickly to 0.15p..
only an observation
and as always we will see
I see VAST has announced a general meeting today to vote on a share CONsolidation and authority to issue a large amount of new shares. Of course they are still saying the delivery of the diamond parcel is imminent: 'Whilst it is appreciated that there has been a considerable period of time since the delivery of the historic parcel was first expected, the Company has good reason to believe that finalisation of the delivery of the parcel can still be finalised in the close future'
Hopefully, as with VAST the finalisation of RRR's DRC payment can still be finalised in the close future.
Yes Dukey and its not just about natural resources.
Who remembers when we tried to get into the Chinese candy market. Not sure we even found five buyers then
https://www.proactiveinvestors.co.uk/companies/news/68329/red-rock-resources-rsl-saga-to-be-sweetened-by-candy-crush-move-79600.html
This looks a for you “news” in case you missed it last night
https://www.guerillainvesting.co.uk/2017/07/03/red-rock-resources-laughable-ramp-tom-winnifrith-
Hawaii5O, 18:52, Tues, 13/2/24
Thanks for your DD [due diligence]. LoL, I only checked RRR Twitter.
Recommend. At least , I know that at 1:04pm today, Mr Bell is live.
Come what may, arbitration is a DEFINITIVE in nature so await news if any.
Have fun everyone talking of yester year. Just posting AFTER MKT CLOSE @22:11 and not during trading hrs.
Wont need to post as the results will be out one way or the other via RRR RNS as norm.
Tues, 13 Feb 2024.
Seemed like when Jupiter gave Andrew Bell the boot he sold what RRR had left of them, maybe he thought keeping them would keep his Jupiter gravy train going ! Was nice to see Jupiter, POW and RGM all cut ties with him !