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Non-shareholders hoping to drive the price down.
I'm expecting the next Placing to be around 0.13p, this week or next. Forget DRC!
Bell has played them all. There will be NO money from the Congo. The Chinese may or may not arrive. Helpless and his mates have bought 10% of a bit of paper . If Bell has to go it alone the fundraise will be more than our current mcap, and that’s just for starters
Helpful has lost unwary investors in RRR a fortune. Shorts Creek !! If RRR polished a tu*d Helpful would be bigging it up.
Meanwhile no news on DRC ? Is Elephant ever going to float ? Can't see anyone buying in myself. Fund raise this Friday and price being worked down to pre arranged level to allow mates in. We then have a spike on some less than specific news to allow mates to escape at a profit. Only one loser here RRR shareholders.
Yep and you can probably guess as to why no US or CDN company did that project
When i was a child i lived near marshlands. Very dangerous! You could walk over an ankle deep stream one minute and then a couple of minutes later the same stream could be up to your waist.
About Shoats creek. No guesses what polite UK investors started to call it when the project failed.
Shoats Creek-water in creeks appear on the surface of the land. Almost all oil or gas wells drill below the water table and thus have to deal with water. Some wells deal with more water than others. In other words it is a common issue and can be dealt with. Although I know nothing of the project I suspect it did have enough gas or oil which doomed the project not the water
Zumore it takes time to get samples, then time to send them to a lab and then more time for the lab to test those samples. It is not as as if the lab is sitting there with nothing to do and then jump into action when those samples arrive. The samples arrive at the lab and then they wait until all the other samples which arrived before them are tested.
Reminds me of many years ago when "Helpful" was ramping the hell out of NCT (then Mayan) and Red Rock invested in it's Shoats creek project. I'm guessing this piqued Helpful's interest in Red Rock.
Then the company moaned that the project kept filling up with water. Duhhh that's what creeks do on a daily basis. 🥴
I am not as confident as you.
In the recent stockbox Bell interview he was talking about "representative samples" and he said of them:
"this is what we'll show the Chinese; and off the back of that perhaps we can have a contract for a certain volume over a certain period"
But before the that he said of the "representative samples":
"We'll get them probably sampled by a local lab and maybe we'll get one sent down as a check to SGS in South Africa"
So he is saying no lab as tested them yet. So of course nothing to show the Chinese.
.............
The funny thing is Bell of Red Rock admits he's never been to the Zimbabwe project. Helpful (or Lundy) and his two ALR co investors have also never visited it.
It's all in their imaginations the project looks good. 😆
Did i mishear in the interview or did he say that they recently discovered that Tin hill is actually on an hill? 😁
Personally I am encouraged by the recent RNS which brings in possible deals with 3rd parties. If a deal is completed then the funding (whatever that might be) will be brought in..
I disagreed with Helpful when he stated the project would be cash flow positive in April.
AB in a video interview stated he had not been to the lithium property further demonstrating he is not hands on.
What is timing for the contract miner? Chinese sales agents? What is reasons now given for Congo delay? What will cause a change? We dont know
Specinvestor as you know some on here are saying ALR/RRR lithium is following the business model of Marula mining's Blesberg project. So after todays interview https://m.youtube.com/watch?v=bGPs_gqaq6M they will be having palpatations with Jason Brewer saying they will have soon put almost $6 million into the Blesberg project.
In comparison a couple of months back the ALR/RRR project had little money spent on it and apparently no more money would be needed.
I fear ALR/RRR have no clue what they are doing and they totally underestimate the vast amouunt of money needed.
WOW AB is in Congo waiting for funds!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Probably Bell's eventual obituary.
"Died at 90. Spent his last 22 years living in the Congo sitting next to a bank manager watching a computer screen waiting for the money to drop into the RRR bank account. RIP you sad b*"*"""!
LOL you ignore reality -What about the court judgement? an inconvenient truth
You’ll get nothing from the Congo. It’s bent as a whippets leg. Gecamines is owned by the state who gave the licence to RRR they took it back and sold it to Glencore. You really think the state will crap on itself. Delusional
Andrew know needs to get more mug investors in to cycle these shares issued .
Only for the traders atm as there seems to be a nice spike in the SP every so often. Just need to judge when to get on and when to get off lol
Unless something is obvious or at least legitimate in the future I am leaving this share as soon as I am get my money back. Definitely not cutting with my losses because there is still hope but MAN is this frustrating. The wordplay is comical
Read the earlier posts about Risk On and a metals rally.
It seems that the market and the metals market in particular are headed for an upswing. It will affect RRR but more important is the awaited news on DRC, ALR and one or two others. And always, there is the possibility of something left field.
DYOR
It would have come across as a more honest post if the title read ‘Desperate’ but keep clogging the board up with drivel.
P.s. where’s the docs we are waiting on getting translated from French? 8 months plus now, surely you weren’t misleading people on here?
Https://twitter.com/TheMarketBullAU/status/1696355283344499067?s=20
Sell in May and go away is nearly over. More signs that risk on is back?
DYOR
Https://twitter.com/saxomarketcall/status/1696434762737430938?s=20
If this is right then metals are heading higher.
DYOR
Looks like the price will drift off towards the 0.12p due to inconsistencies in the companies information delivery to shareholders.
Posts are continually being censored by LSE for expressing a hard hitting opinion about the BOD so the above is the best I can do for the moment!
Looks like the sp is going back to the lows in the 0.12p region again due to the consistent delivery delays and inaccuracies of Bells stated financial expectations .
Of course miracles can happen despite his habits of a lifetime (20 plus years) of removing shareholders funds by self awarded incentives, high pension, pay and world travel whilst the consistent company record of high risk investments and failure to deliver anything of value to shareholders continues.