George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
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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.
Https://twitter.com/jczuleta/status/1757513979633733769?t=phl7_NDYEXTF6XWB27SL_A&s=19
DYOR
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 !
Tshipi produced a maximum of 3.7 Mtpa. Tshipi sells its ore through three competing marketers
Https://www.jupitermines.com/cproot/97/3/jupiter---eekaasaeth.pdf
First one 55m and they got bigger and bigger as the price of Manganese crossed well over 4 and costs sub 2
You must have been late to the party, Jupiter would have been a lot more than $2m a year, having given the family silver away , holding on to 28% if I recall, then frittering it away to a few % when still got one divi of $750k of the two given out most years by Jupiter, several of its overall dividend $150-$200m in total over its golden years, what price numb nuts sitting on his hands instead of many a prudent carp deal, rainbow chasing and giving the rest of his once crown jewels away, chased more than some of the poor 7am news punters on these boards.
What a sad day of reading on the board. Re-living Bell’s catalogue of failures over the years is hardly cheering, but only myself to blame of course. I would recommend everyone read the link that Panda kindly posted, it may be from 7 years ago but is still as relevant now as it was then.
What’s even sadder is that this share has fallen so low that even the level of the latest pump and dump crew is truly appalling, at least in years gone by we had the better quality morons! They certainly won’t have earned their pennies today.
I wonder what else was discussed, there are buyers of RRR above .10p, it takes a while to re-rate but it looks like RRR share price is doing just that, the market today was not the best either.
https://x.com/ABell2019/status/1757390240275165325?s=20
Hey, why bother checking facts when you can just make stuff up?
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02767323-6A1191727
AB did the right thing selling Jupiter: I was telling him a year earlier that he should sell it. He would have sold at a much better price.
DYOR
Banbury "5 Chinese buyers' It is critical to read the actual RNS that RRR issues. In this case it was described as a meeting.
It was the rampers who pumped it into something that it was not. Meetings are a dime a dozen. AB could have a meeting with (insert name of rich person) or a fund (insert name of any fund) but a meeting could be anything.
Recent RNS also mentioned meeting with nearby property owners that does not mean any deal is being proposed or even desirable.
A meeting with potential buyers if nothing else gathers potentially useful information about the market such as: the market is terrible we are not interested in buying anything
Essential reading that. Thanks for the reminder panda1.
TDT