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None price sensitive.
They are the equivalent of a news letter.
RRR first started using them a month ago and it's now become a habit.
Nothing to really see here which we were not allready aware of.
No sign any joint venture or cash releasing event is close. They have been pursuing this for a couple of years. No success.
Yes commodity prices are up but that impacts as even helpful says "everyone".
Any evidence our assets are better para passu yo others that would make us a stand out ? Not that I've seen.
Good luck all this company as even H5O says owes shareholders just to get something over the line.
Another placing is a killer and should be avoided.
Https://twitter.com/RRR_RedRock/status/1765301967956406395?t=66fHZMUmZSrf4J__fOVdEw&s=19
DYOR
Yep, another mug punter bagging a loss of £250 in 20 minutes. When will folks learn that this is a company to avoid!
Mr 6246250 learnt a quick lesson ….lol
H5O, RRR has a lot of gold assets. The one prime for sale is the Macalder Tailings; just need to get the renewal finished.
Migori needs a bit of drilling to reinstate the previous 1m+ Oz JORC at which point a JV can be done.
DYOR
Bell has implied that there is a short position in this stock and I fully believe the same, I really, truly, hope they get caught on the wrong side of the trade.
Yes the DRC situation has been going on forever and an age but the money sits there, getting it paid is purely down to arbitration result, worth noting RRR has already won the in a similar process in country.
The gold assets are obviously more valuable and now potentially saleable, finally the market could re-rate this company, they just need to deliver on ONE promise.
Looking like less than £200k remaining in the coffers.
Andrew Madoff Bell playing his games again to get another placing out
DRC funding dropping tomorrow?
After hours placing is the betting after this pump and dump
The wording around DRC is getting softer. What an absolute mess of a company with one of the worst CEO's at the helm.
Must be getting close to a SAG being formed here? 🤣
Just a view on the current situation which seems incredible promising.
Ha ha the sceptic in me saying a few small buys after bell fry and lure in the crowd, doesn’t look like it’s working - Once bitten twice shy and all that - Or in RRR’s case 20 times bitten ……lol.
Any selling and and could well see trades below 0.06 today ! If there is a placing going to land dread to think what price it might be at 🙈🙈🙈🙈
“About Reach announcements”
They’re a load of bull zhit.
TDT
RNS reach. Any buying will be sold into
"We are in constant communication with our country representative, our lawyer, and our local partner and expect senior management to be in the DRC this week or next with a view to finalisation."
Senior management =Bell?
Will Bell pull it off? 0.25p on relieving award?? 3bag??? Then litigation for the BIG prize, $400,000??? 1p???? 10 bag?????
Sign me up fir the rampers club...
Not sure that will suck anyone in.
It's a Reach RNS as nothing not allready said.
I think they have a loan so not convinced on an placing.
No doubt the shorters will be out :) [ that is irony News and H5O]
They must be down to the last £200k from the last placing. Andrew Madoff Bell needs the SP higher to get the placing away
Dukey I have news on filter. Far too long posts and content very exacting niche and peripheral.
I actually get really pished off with the threats.
That last post was a factual chronological picture of everything that was said officially by the company on Lithium.
The short version is we put everything on hold because of prices and we conducted a small scale test and learn on exports.
My suspicion is they tried to dress up the test and learn as something far more than it really was due to the ridiculous hyperbole about Tin Hill from the months before.
It seemed to have backfired and not helped with the trust element.
All they needed to do was a clear RNS saying Tin Hill had great potential and has been mothballed until Lithium prices were x.
I do wish the company and holders well. It just needs balance and the hyperbole cut down and Helpful can't resist. The rubbish on Faso throughput and production was ridiculous.
Hahahaha ANOTHER REACH RNS - HAHAHAHAHAHAHAHHA !!!!
The neck on them, absolutely nothing new in that RNS what so ever in my opinion, some would say purely put out to suck in people to get the placing away !
Another roll of the BS dice before the placing ?
Banbury - With all "news" long winded posts trying to make himself look clever, or superior than us, looks like he though Paul Johnson was still in charge at POW - So back tracking on his comment now . . lol
Yes - When Helpful spouts figures hopefully everyone now takes them with a pinch of salt ! Large pinch of slat at that !
Helpfuls 12.16 5th March post. I have allready added balance to his one sided view on DRC and Elephant.
Number 3 - "the Lithium price is recovering which will help ALR"
1. A more modest statement. Lest we not forget.
Sept 23 - Helpful was talking production in the tens of thousands of tons a month and NPV of millions - see the first equity model he shouted !
2. 18th August RNS we were procuring " crushing and benification equipment". We were looking at sales channels. Five Chinese buyers. Task force in Dubai. We onboarded Dirk who spookily we could not pay in Dec and issued him shares.
3. A month later we pivoted to trialing export channels. We had the fiasco of the fake photos ( Dirk the designated driver got sick) and an underling took them. It was revealed it was not ALR Lithium but we brought it on the open market.
4 . Judge us by our exports they cried.15th November RNS great joy as first truck left for Beira - no news on truck 2 -7
5. Chairmans statement for AGM - delay now from weeks before chinese new year to weeks after.
6. A week or so ago Bell says the 200 tonnes is safely in storage in Zimbabwe costing nothing ( cynically I would question that and we brought high ) .
Helpful then tells us Bell was being imprecise !!!
So the backsliding on the hype is pretty amazing and under some interpretations a cynic might suggest all we have done is purchase 200 tonnes of Lithium from a third party and store it.
I look at Helpful who was party to bigging this up and can only conclude he is the world's worst Investment Advisor.
Theeeeduke- Ya think so? Paul is not in charge? Depends on what you call in charge. I mean it in a loose term as in
Paul can speak to whoever is indeed in charge formally and officially.
No need to REPEAT for the "1,-000th" time is it? My ears are sore from hearing non-stop ie repeating the same acorn. it happens , it happens and IF not, as a RC, I think life can bring surprises. No, I have not lost my shirt at RRR but I believe in RESOLUTION DEAD LOCK. Hence, I post to see IF there is any reply ie the right of reply. IF, it should ever transpire to the London High Court, I shall book a seat as it would be interesting to meet ya all. I am quite sure there will be surprises. Now that , one holder of RRR told RRR on Twitter about police involved recently, well I am relieved. I think I read about it in the papers but I did not pay close attention.
Change the tune a bit. TRY TO BE A PROFESSIONAL ANALYST ie ASSETS MINUS LIABILITY and go on from there and cash flow management. RRR is in an enviable place with GOLD at the right time, right place - God works in mysterious ways and who knows, there could be surprises in store of the good type.
Best regards as I respect those who speak with logic, reason and class.
Resigned about a year ago I believe !
And news - I don’t think Paul I’m in charge at POW anymore !