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Why not just make stuff and then castigate him for your imagination?
You trolls get everything wrong all the time. There is plenty of room for criticism but you avoid it because it doesn't fit your narrative.
If you weren't trolls you would be saying, why didn't he sell JMS when it was up at 30c and why didn't he sell POW when it was up at 2.6p. JMS and POW are not core: they are investments held for sale. They get sold to fund exploration activity.
We have two active drill programmes, follow up work about to start on both and another drill programme about to start in Victoria,
Things are actually going well for RRR. It is probably in the best position it has been in for ten years.
DYOR
So is the big seller POW reciprocating?
Sold around £134k, but importantly crossed below 3% so no one will ever know how many POW shares remain until the Annual Report. Clever.
This man will not stop until he has spent anything he can get his hands on and more but then nothing comes to fruition.
https://www.lse.co.uk/rns/POW/holdings-in-company-h4ogrpikbwytut2.html
And you are a pompous gonet.
I am not allowed to post anything that has been published by people like the FT and Bloomberg because you don't like it?
What it was confirming is that there is an issue with physical copper at LME because of user/investor demand.
https://tradingeconomics.com/commodity/copper
BTW the only way to verify a chart is to have the original data set.
Door handle.
Posting something you can't verify but which confirms your narrative is your stock in trade Helpful.
TDT
Why not take it up with publication and the author?
I missed the bit where I claimed to be the author or that I agree with every single word in it.
https://www.ft.com/content/8f80e1fa-562c-4a1d-907d-ff53bf305a0
https://www.bloomberg.com/news/articles/2021-10-19/trafigura-played-key-role-in-draining-lme-copper-inventories
Door handle
DYOR
"Copper is the new toilet paper, hoarding is one reason LME inventories at 47-year low"
It makes a good headline Helpful but its simply not true. Copper inventories in the LME were lower in 2008. In fact they were lower than they are now as recently as May 2021.
TDT
Things are going well, as will become apparent in due course.
He has given plenty of hints but of course the nay-sayers refuse to listen and then claim it is all lies anyway.
Eventually even the nay-sayers will have admit they got it wrong.
Probably, the most undervalued company on AIM.
Did you pick up that he said a new CPR had just arrived on RRAL/NBGC?
Now why would they need or want a new CPR? CPRs cost money, why spend the money for no upside?
A lot of news incoming.
DYOR
Bell suggested they are interviewing a high calibre CEO or COO for Red Rock, this could be a game changer, Bell refuses to accept that the market has no confidence in his personal ability to deliver value.
The situation is slowly changing at Red Rock, it is clear the large shareholders are pulling the strings, this can only be beneficial, the AGM will be a litmus test.
The current value of Red Rock seems too low, one suspects a few may decide to dip their toes back into the stock given upcoming news-flow and the AGM timetable (Jan/Feb)
The poor sound quality and therefore lack of clarity makes it easy for Bell to claim he didn't say what you thought he said. Plausible deniability from the least plausible CEO on AIM.
TDT
Andrew was asked about funding. He said that the biggest funding requirements were up until November. He suggested Red Rock would have no problems paying.
I'm going to guess he meant the $2 million loan facility that was mentioned in last year's final results RNS. That RNS said they had at that point drawn down $1.4 million and the loan was secured against Jupiter and POW shares. Extract from RNS says repayments would begin in June and so 6 payments later would be November:
"The notes carry an interest rate of 10% and come with a 7.5% implementation fee and are repayable over a six-month period starting in June 2021"
Then around 1 min 30 seconds on video he says "we are operating well within our facilities"
So I wouldn't be surprised if they have been repaying back the loan facility and so they have been rewarded with a new loan facility. Of course pure guesswork by me because of course Andrew doesn't instantly update via RNS when he takes out these new loans. So like last year maybe the end of the year final results RNS may reveal if he's taken out a new loan facility.
Unfortunately the combination of the buzzing along with Andrew's voice meant I could only tolerate watching 2 minutes from the two videos.
Many thanks for posting the 2 videos. The sound quality is appalling for a professional production. The sound needs to be cleaned up or subtitles enabled.
I will try listening again this time with headphones on may make a difference or may just make the background noise more prominent.
Part one is here--
https://www.youtube.com/watch?v=d-_HbiEpN2M
Two Stockbox interviews out today guys. The sound quality is poor and the video sync out for the second one but it does show he is attempting to communicate, albeit you will need good ears to hear it--
https://www.youtube.com/watch?v=kqcnV8780mU (This is the second one)
A good time to update us on anything that will increase the share price!
Gold past $1,800.
A good time to update on Kenya and the exploration work that is ongoing.
Gold looking a lot better. Knocking on the door of $1,800.
Perhaps while he's at it Mr Winnifroth could order a forensic audit? I have long had many suspicions about what's gone on here. I have sold and I doubt current shareholders would get anything back but I'd like to see justice served and think Andrew Bell should be a prison cell.
Yep. BHP are looking at moving in.
No choice really. If you want copper and/or cobalt, DRC is where it's at.