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Why do you believe it was imminent ?
Because it was imminent. This is a words and comprehension thing. Imminent and done are two separate and different words.
Https://twitter.com/jczuleta/status/1745330097702293759?t=T2MJYM0yBZS3a0uMRGkawg&s=19
Read the four messages.
DYOR
We are approaching the 0.06s - could be today.
It spiked at .16p on 15th November on the news of one truck. Still awaiting news on trucks 2 to 7.
PIs who were sucked in by the hype are now 250% from break even.
I think this share will never see 0.2p again ( a three fold increase in cap) which will leave many underwater.
All down to Andrew profligate waste of shareholders money on vanity projects which has raised share count to 3.3bn.
He really has wrecked this company even with DRC at the full $7m - 0.2p is a dim and distant memory ( unless he does another consolidation)
To me the recent placing was a true indication of the true desperate state this company is in. An almost 30% discount placing.
To me that was like Bell saying " to hell with the shareholders i will accept any terms just give me that dámn money"
Red Rock's tagline should be "a day that passes is a day closer to another fundraise"
0.06`s looking highly likely today, if it does another all time low for RRR and Lundy I believe.
I'm on filter but could someone ask Lundy if its not done till its done why has Bell said it was imminent 20 months ago and claimed a second version of the annual report was drafted saying it was received but for the election. Surely at best this is misleading and at worst lies. Also interested in trucks 2 to 7 and if they have crossed the border.
I'm on filter but could someone ask Lundy if its not done till its done why has Bell said it was imminent 20 months ago and claimed a second version of the annual report was drafted saying it was received but for the election. Surely at best this is misleading and at worst lies. Also interested in trucks 2 to 7 and if they have crossed the border.
Not at all. You just can't read and comprehend. You imagine I have said things I haven't, partly because you can't understand what is written and partly because it suits your boring, repetitive agenda.
Somebody has been busy making Red Rock caption generator videos. There is four new one's since when i looked last year. 😳
Like i said the other week i did the very short 20 sec "where is his money" video. It was a slow boring process syncing the captions with the voice and so i stopped at that one. So the rest are from others.
I watch the new one's later.
https://www.captiongenerator.com/search?q=red%20rock
"As to DRC my view is that if the opposition had won we might have beed starting from scratch again with all the new bods. Now that the incumbent has won, we SHOULD be picking up from where we left off."
FINALLY ! Now that is a fair statement, but as I said earlier if things dont change they stay the same.
To me that is the most down beat post you have ever done in regards to receiving DRC money.
Dukey, you really do need to learn how to read and comprehend what you read.
It ain't done till it is done, is true. I have my view but because something is my view doesn't make it a fact.
As to DRC my view is that if the opposition had won we might have beed starting from scratch again with all the new bods. Now that the incumbent has won, we SHOULD be picking up from where we left off.
That doesn't mean that we will be picking up from where we left off. So does the election result make a difference? In my view, yes. But until it is done, it ain't done.
It doesn't matter what anyone says, until the money is in the bank it isn't done.
So are you going to send that money to Christie's, you know you being a man of your word and all that good stuff?
DYOR
Looking forward to Banbury seeing that post . . . lol
Hows the hole in the doughnut going ?
So in other words it makes not one iota bit of difference he has been re-elected - Thanks for the response.
"As Belly said" - Oh my days, doe sit get any more cringe worthy !
Dukey, you don't do legitimate questions, just as you don't honour your word despite you being "a man of my word" sorta of kinda of a guy.
I know you and your fellow trolls aren't good at reading, so I will repost part of what I posted; "Now to find out if they can progress the $7.5mil."
"If" is not the same word as "will". The former conveys conditionality/doubt and the latter conveys certainty.
As I have said multiple times on here but people like you don't take the point: it doesn't matter how close we are, until it is done it ain't done. And no, I have no way of knowing if it will be done because no one does. But as Belly said we were very close last time around but that counts for nothing.
Three and a bit years and Christie's are still waiting for that you money you promised, you know you being "a man of my word" and all that good stuff.
xx
If they could not progress and give you the money in his first term, what makes you think he will in his second term ?
Legit question I feel ! If things dont change they stay the same.
Https://x.com/ABell2019/status/1745039993565774098?s=20
https://www.france24.com/en/live-news/20240109-dr-congo-constitutional-court-confirms-tshisekedi-victory
https://bnnbreaking.com/politics/drcongos-political-turning-point-president-felix-tshisekedis-second-term-inauguration/
The right result for us.
Now to find out if they can progress the $7.5mil.
"We have been advised that release of the arbitration award and payments under it in the DRC ought to be delayed to after the election, now only one week away. While we had expected a conclusion this week, the delay is sensible and prudent as any actions taken too close to election day when suspicions run high can be open to misinterpretation"
https://www.londonstockexchange.com/news-article/RRR/issue-of-equity-total-voting-rights/16251485
DYOR
Banburyboy these type of people just keep going regardless of what consequences their words may or may not have had on others. Boris is a prime example.
Robins they will hang their head in shame and dissapear. Imagine it First Equity have downgraded RRR from 2.6p to 0.12p with a buy reccomendation !!
Helpful Lundy should be hanging his head in shame to.
He was bullying me to plug thousands of tonnes of Lithium through First Equitys model think he was talking huge tens of millions of £ - even said he would be interested in buying RRRs 47% .
He's embarrassing lost Topham a fortune and many posters on here on top. Yet he's still here
I was thinking if the same broker compiled another up to date report what would be the positives? Suggestions anyone.
Thanks BB - I suppose the only small silver lining is that AB continues to dilute himself to keep the leaky ship afloat.
Albeit his salary probably keeps him from losing sleep on this matter.
Would like to see the same broker run the same report today - be an interesting read.
Tlk - got it
That first equity report is my favourite. Dated 19th January 2023. Target SP 2.6p. As we approach the year anniversary where are we 0.07p.
That takes some doing and poster Helpful ( Stephen Lundy) has some serious neck with continuous positive posts after this calamity.
When it was issued we had 1.3bn shares and Bells 60m was 5%. We've now got 3.3bn and he's below 2% and the threshold.
Never mind his large salary for failure bonus and consultancy fees will make up for his paper loss.
Run by the few for the few
BB - see this link found on broker research tab on RRR investor page:
https://www.rrrplc.com/wp-content/uploads/2023/01/FEQ-Red-Rock-Resources-19-01-23-Buy-Note.pdf
It states Director ownership at 6.8% of which Andrew Bell (Dir) had 5.5%.
Talk in to - Andrew has never owed much one of the issues is no skin in the game
Are you mixing him up with AJ Bell nominees ? Or perhaps it's a cousin or the Director at Prime Resources. ( sorry only joking on final point )
If ever Bell needed an excuse for yet more delay - looks like one has fallen into one of his may spinning plates
https://www.france24.com/en/live-news/20240106-dr-congo-annuls-vote-results-for-three-ministers-over-fraud