Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Sorry , pressed send by accident via little finger.
or even ISA money ie money flows and all that. The flows have been rather specific as certain themes compete for investors money, even in the USA. Not difficult to understand as there is NO bottomless pit for money.
EXPLORATION CO'S:
On AIM, they have had many TOUGH years if one has NOT already noticed. Currently, MINERS DECK tracks top commodity and it is TIN. Copper is also hotting up due to supply deficit potentially. AIM exploration co's try to go into the commodity of the time & those OUT OF FAVOUR lag the commodity market. Right now, nickel is out ? Hence, RRR has been also following this typical pattern of exploration pattern. Have a look and STUDY each small AIM exploration co and one will find this trend. RRR has been mainly in GOLD and this was predicated by the GOLD PRICE and hence years of lagging interest etc. Now, the gold market has awaken and therefore, RRR is having to look for immediate cash flow as is some of the co's that have woken up. HELP explained about VICTORIA gold in Australia and this is the case in point. I also cited another ASX co that has licences in Cote d'Ivoire and FASO but is 10x less than Southern Cross Gold with the HOTTEST current Victoria gold licence @Sunday Creek. And it is 20x less if one grosses up the Southern Cross Gold mkt cap for 100% [Southern only owns 49% of Sunday Creek]. AH, INTERESTING THAT RRR AUSTRALIA WILL POTENTIALLY DO A PRE-IPO AND DRILL BEFORE IPO-------------WILL THAT BE FOR THE LICENCE CLOSER TO BALLARAT MINE [not in vogue] or for KILMORE, THE HOTTEST LICENCES OF RRR, NEXT DOOR TO SUNDAY CREEK AND WHERE MINERALISATION IS SAID TO EXTEND TO RRR/POW KILMORE THEN courtesy of P.Johnson, POW then.?? QUESTION-----QUESTION------QUESTION. THANK YOU. Not editing so pardon typos.
Sir,
You have NOT been watching the CROWD THEORY as the financial experts ie where the UK investment MONEY is flowing or has been flowing to. Crowd theory tracks the money flow. On HL, there are some basic stats as to where HL clients have been investing their money and or specifically IS
Thanks for that NEWS'' so we can take it that the Kenya licence have been sorted ? FKN good news if it is''
BTW GOLD on another push to $2400 the closest it got to it was 2395 yesterday see if it can hold this time
Does it not seem strange that with 'F****ng gold everywhere' (to quote RRR tweet) and kit arriving within days to start production that only £240 has traded hands today.
An AIM share with a valuation around £2m about to start maiden gold production when gold is priced around it's highest on record and no one seems interested.
Plus they have a multi-million pound DRC payment which they believe is days away / imminent and also a nice supply of lithium for when the price is right to sell with Chinese buyers possibly lined up too.
Normally on AIM, the share price starts moving on the hype alone... RRR is incredibly flat lately and its not for lack of volume, I look daily at £10k trade and can be easily filled if wanted which is reassuring as I do think a share spike following an intraday DRC RNS could still be ridden for profit as it seems nothing else will move this share upward.
"Chairman A.Bell on Twitter: Just back from a one day trip to Kenya and already planning for a longer trip to Burkina Faso. And I so love the English Spring and I keep missing it." - Thur, 18 Apr 2024.
There are currently already 73 views, 2 likes and 2 re-tweets. Usually, some ask Chairman Bell question/s but none so far.
https://twitter.com/ABell2019/status/1780903008894632199
All these people moaning about liquidity issue at RRR in the past 3 weeks has really been misinformed IMO, as i wonder how POW is doing after consolidating there stock a few weeks back'' Hmmmmm let me take a look yes'' 5 trade for the day all sells ? does it really work'' having less in issue with a bigger SP ? or more in issue with a smaller SP with regular news ?
FK knows, but although I we always talk about George over at PREM having 29bil in issue and still got away with another £2m funding call last week, perhaps he is the only one that has proven that he can get his SP to 1p from the 0.04p it was 3 years ago, and although SP is now back to 0.20p it is still FKN good going with 30bill shares in issue'' and could still go over 1p again if the long anticipated production start this time at the biggest pump in history that must have taken at least £50m in funding call from investors over the years known as ZULU
well done GEORGE, we salute you for proving that consolidation does not work without regular news like what you bring to your investors, as it's pointless having a big SP and it just sit there looking pretty until investors get bored and sell it down,
Wow at current volume they Gina struggle to get rid of the £260k for much of a profit !
Meant, plenty of time to buy the tea leaves...
So, they've got plenty of time to buy the leaves...
Nike. Victoria gold stocks were hot post Fosterville South. It took too long to get the licences issued, largely because of COVID.
Post COVID the brokers' appetite for listing Victoria gold stocks was less on AIM, ASX and TSX. That has now changed for obvious reasons.
My view is RRAL will list on ASX: they will sign up a broker, do a pre-IPO fund raise circa USD500,00 and then IPO off the back of the drill results.
I expect to hear something shortly.
DYOR
The buyer of the 260k shares has approximately 2 months to sell them on the next spike before loading up on the next discounted placing.
Regarding a presumed near term IPO that didn't list back then, I think that may have been due to the pressure the aggressive rise in interest rates were putting on small capital stocks, wasn't a favourable market for some IPOs.
Maidit - I know you are not the sharpest knife in the block but the owners of the new shares sell them into the rise !! That's how it works.
Remember five Chinese buyers, first Lithium exports, Bell visiting DRC. All massively sold into.
Will the next news on FASO cause a rise ? Lots of PIs skeptical after too many false dawns and others desperate to get out having invested on previous spike.
Absolutely compelling watching. Can Bell finally produce BELIEVABLE news that gives it a sustained rise. The jury's out.
Morning NEWS'' you are not alone M8, anyway'' I was expecting that 500m rush this Morning ? as it is the 18th but look like i was right all along that the person who invested that £260k have no reason to sell any'' at these depress levels, but talking about zero trade'' it look like our first trade is a 1 for the believers ? could we see that RNS shortly ?
we will see
GL
Red Rock Resources stock forum : Empty, not 1 post.
RRR Trades: 0
RRR Twitter: 0 tweet.
DL-Strategic Advisor to RRR:
Proactive UK covered his Aussie Co with more details. Targeting Kalgoorie gold project and to JORC potentially. So, DL is wide awake to the gold situation ie high prices and going to drill etc with an AIM co.
Me: Here LoL. Thur, 18 Apr 2024.
In the Red Rock 2022 Final results RNS covering the year 1st July 2021 - 30 June 2022.
From RNS:
"During the year, the Group disposed of its entire holding in Jupiter Mines Ltd, raising proceeds of £1.9m after transaction fees. Proceeds from these disposals were used in full settlement of loans payable to Riverfort/YA drawn down in the prior year, totalling £962,758 as at 30 June 2021."
3 Jan 2022. Red Rock share price was just over half a penny (0.525p). Poster "Helpful" posted:
"To do a fund raise, he would have to go to a GM. Any fund raise motion would get voted down.
He has other options at hand, he needs to decide what to do. Elephant should list in March, NBGC might list in January but I think it more likely to be February. He has other spin outs and potential deals. A lot going on. Hopefully the news flow starts this week.
DYOR"
......
Back then "Helpful" and his big RRR shareholder client Charles Topham had blocked RRR from disapplying the pre-emption rights. Like he said in the above post they were blocking Red Rock from fundraising.
If you look at the months prior to 3 Jan 2022 Red Rock had been selling off its Jupiter shares. By the March "half year report" in 2022 all the Jupiter shares had been sold. Red Rock had previously been getting pretty big dividend payments from those Jupiter shares too.
So there you have it "Helpful" forced Bell to sell those Jupiter shares.
I typed in "Helpful" and page 140 must have been stored in my phone. So i clicked and had a look what he was posting about over a couple of years ago.
On 29 Dec 2021 the Red Rock share price was 0.475p (almost half a pence). This is poster "Helpful's post on that date:
"You need your head examined not the major shareholders.
NBGC/RRAL is about to list. That needs doing; AB will be an NED. Nothing must get in the way of that being completed. He is the one that is pushing it through the system not Paul Johnson.
Migori is getting to the stage where we have a decent amount of drilling done and we should end up with an upgraded JORC. Migori is looking better for some corporate action: either selling it, JVing it or spinning it out. Again, AB is critical to that process. Whether AB likes it or not Migori is getting to the stage that it is too big for RRR to progress on its own. He thinks that there is up to 10mil ounces of gold at Migori: that will cost more than RRR can afford now or in the future. And that is regardless of Elephant Oil and NBGC/RRAL listing. Even if he sold the whole holding in Elephant and NBGC it still wouldn't fund the work at Migori. On top of that he has other stuff that needs funding.
But most important are the legals in DRC. AB has to stay in place to guide that through the DRC court system in respect of the VUP case and then deal with the Glencore case in due course. IMHO the likely outcome from these two cases for Red Rock is a multiple of the current market capitalisation. The next hearing in the VUP case is not far off. At the very least RRR should be due 50.1% of $20mil. However......
Is that the $20mil the full amount paid over by Glencore? Why would Gecamines get involved with a backdoor deal for VUP to benefit by $20mil? If Glencore was willing to pay $20mil via the backdoor what would they have been willing to pay via the front door?
Getting rid of AB now or in the short term is a recipe for the destruction of RRR's value. If we binned AB, who else is going to pick it up and make sure we come up with a decent result in DRC? AB is the one who has all the relationships, speaks French, knows all the parties involved, including the advisers, and was intimately involved with the JV discussions: the other are NEDs. What being an NED means, is that they pretty much don't get involved.
DYOR"
5-share trades
44-chat posts
0 AB posts on X
0 RRR posts on X
Punpky he brought and will sell for the normal 20% gain whilst materially misleading posters about prospects..
And the idiots on here talk about us being shorters.
They can't see past the end of their nose the only person taking them for a ride is Helpful.
Purchased 20/12 and 7.35"See how it goes "Prferr my US stock EJH@ $2.31 Now answer the question 😆
Pumpski, how is it going with Sorry or is it SDRY?
Wonder how many shares Helpful took in the latest placing? 🤔
Maidit - don't get confused by the volume 3.4m on your proper sell.
Bell has bombed the price so badly its worth just £1,800.
In Jan 23. That volume was worth £35,000.
Criminal destruction in value in such a short time.
Still admin cost to be met !!
Interesting'' about DL ASX NEWS'' and also the solidness of RRR SP ATM, that a 3.4m proper sell @0.055 before closed did not drop us ? could well be the first sign of a proper rerate on solid news is coming, and as we have always been lucky getting one on happy Friday ? LOL!! as one can only wish for a moment such as this...
here is hoping that the new issue could not have come at a better time for those struggling to get some for the past 2 weeks since the few days plant delivery by plane RNS was announce
REGARDS...