George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
It's all deflect and detract.
Helpful posts a lot and clearly at times wears his heart on his sleeve and reveals more than he intends.
I think he knows the near term $10m or even the $2m is dead as a dodo hence talk of loans / asset sales and bigging up a far wider claim. I think Oscar Wilde said I'm in the gutter but looking up at the stars re RRR. Banboring.
How do you know that?
RRR owe Congo lawyers atleast $2m !!!
Trouble is Gecamines is owned by the state, they aren’t giving little old red rock a penny and Glencore will know we don’t have the funds for a protracted court battle. The lawyers in the Congo have already made a fortune .
This is an extract from the likely RNS that involved some of the land that Gecamines acquired from VUP.
"The agreement also provides for (among other matters):
(iii) warranties and indemnities from Gécamines concerning the land interests to be transferred"
https://www.lse.co.uk/rns/GLEN/katanga-announces-agreement-to-acquire-land-rights-fv11cerfyb01a1p.html
“The particulars of claim run to nearly 200 pages and centre on three examples of alleged unlawful conduct.
These include alleged bribery related to copper and cobalt acquisitions in the Democratic Republic of Congo;”
It was still funny third time of reading. 😜
Https://www.thetimes.co.uk/article/investors-sue-glencore-for-bribery-lies-btff9bfs7
DYOR
Helpful finished last 😂😂😂😂😂😂😂😂
Having an evening off and running in the 7.30 at Stratford. A horse named Helpful
4 years old out of Oasis Dream / Magic [Ireland]
Last on ten in only run and 130 to one on Betfair.
The mum being Magic is typical for those who remember Mr Magic and it one run was for Banbury based trainer Paul Webber now moved trainer. Spooky or what.
Ria20 aka Laura2022 please stop cross ramping. People please block/report Ria20
Guys have a look at PYC next quad bagger.....won contract awards....just thought i would let you know ......I want both RRR and PYC to quad bag this month
Helpful hard to stay informed when the company's communications are so poor. Thankfully you have been helpful to myself and other posters confirming [1] can't issue shares without a GM [2] Disclosure cut off for RNS of loans 200k.
Casual investors know a lot more now. Thanks
Https://twitter.com/StockpickB/status/1696585443557470299?t=-22Kb2VQML6TQpveGp7RTA&s=19
DYOR
People with access to money believe AB/RRR are getting closer to success. This is evident by providing cash to RRR in exchange for warrants at .2 which is a 30% premium to the market. This is a great result for company which needs cash (and will continue to need cash) until a liquidity even occurs (Congo, ELEP, Chinese lithium sales or JV mining partner).
RRR, like any other public company, could have always issued more shares even if it had to call a AGM to authorize. That would have been a slam dunk and a process which AB had done many time before
Https://twitter.com/JB_MiningAfrica/status/1696472802943988101
Is what onsite operations look like
18 years of failure and the continued lying by a ceo tells you otherwise i'm afraid. but good luck.
follow the money. follow *****on van de burgh
But RRR share price will quad bag so is better
maru market cap £20m, prem over £100m
maru has multiple near term revenue generating commodities across multiple countries
*****on van de burgh hasn't come onboard for this to remain a junior miner.
just the start.
for rrr, i fear its the start of the end
Nice cheap warrants in MARU and its been great sitting on Aquis.
I must say he's done a great promote and surprised me how well.
Lets see how it goes when they move over, what goes up sometimes comes down.
Profit goes somewhere.
Are you guys are professional derampers and scaring people from investing (yes I know ha,ha) or trading!?
RRR have assets and projects they can sell part or all off if they needed or wanted too.
Example.
If they wanted and there was a buyer they could sell part or all of their position in
Lithium - multiple buyers for their position including their NDA partners close to site.
Elephant Oil - yes locked in, but could sell if the buyer was willing to accept the lock-in period. Yes maybe for a reduced price to IPO but would still be higher than their initial buy in price/cost.
Could sell Kenya if they wanted too.
I'm sure there would be buyers for the Gold resource - maybe not the value wanted but there is a price for something and would bring in much needed capital to the business.
Australia Gold - again maybe not the price wanted by the company but there is an opportunity
You are just as usual scare mongering without owning shares.
A £3m m/c company with opportunities and news events and at the lower end of the chart....good upside for even the scaremongers'.
Issued today. $5m already spent by it's Billionaire backer on the Blesberg site. Lots of big yellow machines
31 August 2023
First Contract Signed for Sales of Blesberg's High-Grade Lithium Ores Direct
into China
Marula Mining (AQSE: MARU), an African focused mining and development company,
is pleased to confirm that it has signed a contract for an initial trial
shipment of high-grade lithium ore from the Blesberg Lithium and Tantalum Mine
("Blesberg" or the "Project") with a Chinese importer and exporter of
metalliferous ores.
The Company is also in the process of concluding its negotiations with a
number of European based global commodity trading groups in respect to a long
-term offtake agreement over spodumene and lithium products produced from the
stockpiles at Blesberg and from the Company's broader development plans for the
proposed Blesberg open pit mining operations
Volume crossed 43.5 million ....buys outstripping sells massively
Buys are doubling sells today ....everyone can see you just need to click the trades button ......🤡🤡🤡🤡....we all can see who this is!!!!
Yes it is