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Pay the money you owe to Christies Hospital or is the excuse that you lost all your money on Bitcoin?
Hilarious. I have trawled the board and can find nothing even remotely actionable. He isn't going to spend £1,000 for a serious cease or desist letter from a reputable London firm which can be summarily ignored. The audience here is so small as to be considered unimportant. Let's not forget, if it's true it isn't actionable. The pics claiming matters on Twitter (X) are more serious as they could be considered by Stock Exchange authorities but, as I point out, RRR has so few followers on Twitter it is nowhere near expansive enough.
Be interesting to see peoples thoughts who frequent this board !
Do you think "Helpful" is in fact helpful ? Or more of a hindrance
Do you think this board would be better with him ? Or without him ? I know there would be far less, if any posts of me if he desisted, think it would be the same for Banbury - Bit of food for thought thats all !
Blah blah Dukey.
Do the analysis. Mako shows quite clearly the Napie Shear Zone continues into Lacgold's acreage. RRR is in discussions about other acreage near Yamassoukro with at least two other companies with at least one doing sampling at their own cost.
Whoever is responsible for picking the ground in Cote d'Ivoire has done a good job.
Similar with Burkina Faso.
You have a unhealthy fixation. And pay the money you owe to Christies Hospital like you said you would
DYOR
Thanks Dukey and Zumore for digging out the Helpful post. Really appreciate your support as it not nice.
" woe to him if he is someone who has allready undertaken to cease and desist "
I beleive thats a small subset of one Gary Carp.
I'm not him.
Let's hope they don't branch out into private dectective work.
Andrew if you are reading I will back down when Helpful does. Hundreds of people like Helpful posting ramping rubbish on these boards but NONE of them are holders of CLNs and
10% of subsidiaries of companies they ramp. Its wrong at every level and why this board is so vehement.
Great post BB and well done !
I always see it as a win to a small win the faithfulls when Andrew Bell pops on the boards having a rant 😂
Genuinely think he thinks he’s going to scare people off the board !
I’m with you, the only reason I post so much art d because of Helpful, it used to be Bell, but I’m over . Helpful paints such a rosey picture for the company, bugs up every assets to make out they are worth millions, some hundreds of millions and they all end up worth diddly squat -
Wonder if we see more sun 0.07 trades today ??? I’m f DRC cash doesn’t come in I fear next placing is going to be even more damaging and discounting, will the CLN holders be able to convert then at 15% discount to that placing then ? If there is one obviously !
But as sure as night follows day, placings are not far away with RRR.
I suppose people not so worried about the threat that of legal action from the company as much as they were, after the whole Lithium photos thing people in glass houses and all that ! Obviously DYOR and all is just in my opinion
xx
Speculative . At 16.09 BEFORE Mr Bell arrived to correct your over literal interpretation of my post I said.
"Speculative on boards we are not lawyers. Hidden away in dormant subsidiaries. NoTHING ILLEGAL but £2m debt all the same"
I could not have been more clear NOTHING ILLEGAL. I then asked Mr Bell about RRR Coal which has previously been used to facilitate loans from Riversfort - please check ( and for the avoidance of doubt not illegal).
Mr Bell then posted that the security which we have seen on this board numerous times at companies House for a £1m to Prime Resources Gibraltar ( Not the UK Prime Resouces with the unfortunate named Director) had now been satisfied and due to an oversight had not been removed from companies house.
It's still there as outstanding this evening.
I just find the security really interesting :
- the completely unfortunate co- incidence of the two Prime Resources and surnames.
- the absolute fury about the issue when I raised it. I was threatened with legal action then. Its twice now and the " security " is the common factor in both.
- Helpful bragging about trying to buy it. Massively unusual.
- It's now closed but the paperwork is late and the chair sees fit to come on the board to tell us. Really unusual.
- An oversight in the paperwork again governance so lax.
What caused it to go from something helpful wanted to buy to being closed ? If I was a major holder not party to the benefits of the charge / security i would want it closing before providing funds [ 500k placing guys ] Conjecture on my part but human nature.
Or it could be DRC is just round the corner ? I hope so.
Anyway thankfully it is being satisfied and I look forward to reporting back on the filing.
I think the reference is to Gary Carp. I'm not him or related to him or instructed advised by him. As i have said before having read the details of the case the company was completely right to throw the book at Gary.
As stated many times my main purpose for posting is to act as a counterweight to Helpful Lundy " RRR is in a good place" . I think his posts are misleading and harmful. DYOR and IMO only.
This is comedy gold.
The last time Madoff threatened legal action ...a week later a placing.
“ I shan't come here again, but I shall make sure someone does - to keep an eye on things, not to respond. Bad faith actors cannot be allowed free rein. ”
“
Spec I was in Blu stirring the pot as when Andrew post last time said this
Banbury has always seemed to be very cautious in what he says so be surprised if he’s said anything libel.
I believe Andrew was alluding him to be a Mr Gary Carp ! I’m not so sure has his whole Wayne of posting seems different to back in the day, and that was some years ago.
All started with a company called IPCM, don’t even ask who they are…..lol. May be worth checking back if your bored to see how far back the shenanigans in this company go !
Theeeeduke- IMO any company should always respond promptly when fraud allegations are made. In this case, it was a repeat offender. To his credit, Banburyboy change the comment from a 2million not appearing but a passible outstanding charge (security on assets on a debt possibly paid off)
IMO this change in language is significant
Particularly when posters in chat room says its messages are critical to funding RRR.
Personaly I would disagree with that or least I hope people dont make investment decisions based on this or any chat room but then again I am not based in the UK so perhaps thats where UK investors get investment advice.
I invested because of DRC cash (days? who knows?) and then is the second litigation play
AB track record--He was successful with Kenya so 100% historical success rate on taking on this type of issue,
Looks like Bell has been rattled again today 😂😂😂
If the cap fits !
Banbury, that Stephen Lundy post you talk about was 5 Dec 11.35am:
https://www.lse.co.uk/ShareChat.html?ShareTicker=RRR&share=Red-Rock-Resources&page=11
Thanks Andrew.
I'm only going on what's in the public domain re charges. As you say if its been satisfied you can update the records and clear this up.
You.will know Helpful he suggested he and a mate tried to buy the charge so seems to concur with the CHouse view it was live and unsatisfied until recently. I thought that was really unusual [ Helpful trying to buy a charge ] But if it's satisfied great and the records will be updated.
I am aware a security is not debt but wonder what the purpose of RRR coal is. In previous accounts it disclosed as holding a loan from Riversfort Global Opportunities. The accounts of RRR Coal have minimal disclosure which is fine but I do wonder what the current liability balance in RRR Coal is ? I'm assuming it's a loan as it was previously. Any light you can shed greatly appreciated.
18 years at the helm,Mr Bell I guess is the only ONE who's actually done ather well.
Don't see any retail investors ever making any money.
It sure is a lifestyle company I'm afraid.
Firstly i know some will moan "are you kidding me. You are bringing up an RNS from almost 18 years ago?"
Yes i am. 😕
I was looking at the interims from 31 March 2006 and the then and now Chairman Andrew Bell was giving shareholders a rundown of what happened in the first few months of trading on AIM for Red Rock.
"The half year to December saw the listing of the company's shares on the AIM market on 29th July 2005.
27,300,000 shares were placed at 2p per share to raise a net £476,000. With 141,860,000 shares in issue.
The stock price closed its first day of trading at 2.5 pence, valuing the company at £3.54m.
Between listing and the year end, the shares traded within the range 2.25p and 2.88p."
https://www.lse.co.uk/rns/RRR/interim-results-bwzhrico8j8tdv1.html
....
So now 16 Jan 2024, todays share price is 0.075p or around 1/13th of a penny. However at the end of 2015 RRR did a 25-1 share consolidation, so if we reverse that 25-1 share consolidation then this share price today would be around 1/330th of a penny. So with no share consolidation the share price today would be around 825 times smaller than the 2.5p it closed on its first day of trading.
...
If we also reverse the 2015 share consolidation then todays almost 3.34 billion shares in issue would become around 83.5 billion shares in issue.
So after its first day of trading Red Rock had 141,86 million shares in issue. With no share consolidation there would now be around 83.5 billion shares in issue. So that would mean around 600 times more share would be in issue than its first day of trading.
......
The absolute beauty of Red Rock that in a way makes it pure and incredibly easy for would be investors to determine whether Red Rock is a good company or not, is that Andrew Bell has been the Red Rock chairman and been in charge of running the company for all its 19 years listed on AIM.
So i come back to my subject question isn't it astonishing that even though this chairman as absolutely decimated this share price with his company decisions that 19 years on he still somehow remains in charge at Red Rock?
Andrew,with respect will you ever deliver shareholder value?
FYI the security should have been removed from Companies House records, and is being removed. A security in any case does not equal a debt; the accounts are not wrong.
Banburyboy has been a little too defamatory a little too often, so we will have to unmask him now. Woe to him if he is someone who has already undertaken to the court to cease and desist.
Banbury yes this is old ground. I disagreed with you then and I disagree with you now. Allegations of material misstatements of the financial statements are serious. Despite your internet sleuthing you (and anyone else) simply lack access to the information made available to the independent auditors.
This type of statement appears irrational and detracts from the basic intent of your message.
Which I think we both believe is that RRR has significant cash flow problem.
After what one more unpaid debt even if it is 2 million.
Will the DRC actually arrive in days?
Speculative on boards we are not lawyers hidden away in dormant subsidiaries. Nothing illegal but £2m debt all the same.
Speculative we are going over old ground.
The £2m loan is in the accouts and is to RRR coal. You even looked at their account six months ago and got the wrong end of the stick. The ultimate beneficiary is prime resources limited a company spookily with an identically named UK director called Ross Edward Bell. Surely you can't forget that ? They also owe Kansai £1m and CLN holders £1.5m. That's why finance charges are so high.
The RRR coal loan is very sneaky but the ownership changed a few years ago.
Specinvestor, i know in the past you have been skeptical about how much these share threads have on influencing a share price. However look on the HE1 thread and look at how many people descend on a thread when a full on ramp is on.
Over the years i've seen many AIM companies multibag in a day based purely on some influencial ramper pumping the stock. In the past ramper "topinfo" has done this on many ocassions.
So i'm convinced without these share forums AIM companies like Red Rock would quickly fold. Without these threads how would "Helpful" try to ramp this company?