I agree they have not lied but probably been strung along by the lawyers. Any business deal can fail at any point but the biggest problem I have is that RRR was so focused on this sale that it assumed it was a done deal.
The official offer from IMP expired last year so shouldnt we have been looking for another buyer in that time?
I asked RRR some questions the other day but never got any answer. These were asked before the RNS was released.
- Has the first offer from IMP expired?
- if it has expired are we in touch with new buyer?
- Has RRR rejected requests from NAMA to seek partners to develop the project further?
- According to NAMA there was a major interested and were put off because we kept releasing RNS stating the sale would happen shortly. What does shortly mean time frame wise?
All I can do right now is believe everything will work out for the best and leave the past in the past where it belongs however I keep wondering if the lack of clearness on news will continue therefore forcing shareholders to dig further in to find out the truth in some cases.
GL to everyone here I am still a holder and I do want RRR to do well.
Promised by Natasha some time today...............quote RNS April 1st.
"Andrew Bell, Red Rock's Executive Chairman and CEO, will also be taking part in a gold panel at 1pm, and presenting on Red Rock's projects at 14:00. Slides from the presentation will be available online at www.rrrplc.comfrom Monday 7th April."
No don't agree. I don't see any lies here. However there are misleads which have come from other sources, notably the GL buyer's lawyers and certain posters on these BBs. RRR imo has not lied at any stage. That said, neither have they been clear in many of their communications nor have they provided continuity of information in some cases.
It is notable that the GL buyer's lawyers will get away "scott free" with their unrealistic expectations given to RRR last August. They appear to be able to act without accountability. The lesson here is to treat all information, which is not coming directly from RRR and to which RRR has zero accountability, as pure speculation and opinion. As ever, base your decisions solely on the official news of the company. Ignore BB posters who claim to have info from the company. Whether they are telling the truth or deliberately misleading investors, the fact is that any such info IS NOT coming from the company and is therefore unaccountable. If you choose to believe BB posters then you do so at your own risk.
lets face it evary deal since kenya,kansai, colombia , greenland etc etc has ended up with investors being lied to and led up the garden path ,,,,,jam tommorow the only benefactors from RRR , RGM ,and greatland are the directors and VA global ,
put you money into shares that have directors that keep promises and make money for you
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