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Wow, the best shape of it's life?! I'm always one to admire optimism but that takes some believing.
Bell has never cares one bit about creating shareholder value, it's all about lining his own pockets for as long as he can, and as he's getting on a bit now he won't care if this folds, his money is in the bank.
Maidit - I would have to disagree - In fact I would personally say I think RRR could well be in the worst state its ever been in and looks like the market agrees.
Look like it's beat on red rock day, the 3m seller is back to squeeze us down early doors just can't wait on the imminent news LOL!! anyway''nothing would have change RRR is still in the best shape of its life, and the lucky few that is getting in at these levels must surly be rewarded,
time will tell..
patient
Most interesting observation was Helpful suggested 200k was the deliminus limit for disclosure of loans. Im assuming he has more insight than most on here and is right.
Not clear if RRR would disaggregate so three 180k loans not disclosable ? I think they will. By 31st December we should find out what assets they are secured on through the published accounts.
If it ALRs 47% then the future is not as bright and its hard to be confident here.
The lack of news on funding raises the risk of exactly that sort of arrangment happening.
I also thought Maid it reading the tea leaves for the fourth week and getting excited by a buy that was actually Liquids added to the Keystone cops storyline.
How many 'surprises' were in last years published accounts?
They have until the end of december is that right just look at last years and it was published on the 29 dec 2022
And still it drops - Almost at all time lows, which is hell of an achievement by Bell fair play. In my opinion I an see this following the path of many other AIM shares - Suspension due to accounts not being published, Bell will want to hide all his underhand dealings for as long as he can. Wouldnt surprise me if he taken out loans and another funding deal with RGO - Obviously just my opinion but if the cap fits !
Yes that was my 7.9m buy yesterday and will look to add if possible
7.9m on the bell seems to have taken out all the sells today as it looks like a buy as it was executed @ 0.1195 and a little bit too close to the price of 12 for it not to be a buy... just speculating off course, others may have a different view
bring on tomorrow I'm sure it will be as exciting as today's 2% drop
Well somethings needs to happen soon, as many have alluded to here RRR is running on fumes ! Unless loans and death more death spiral finance been taken out that we dont know about - Which as we know, it is how Bell likes to operate.
Annual report be interesting reading thats for sure !
Dukey, very much so on ALR but it has to be done in steps. We need the offtaker to agree acceptable pricing and other terms. Once that is agreed then they sort out the supply chain issues and the contract mining issues. A bunch of balls need juggling.
DYOR
Ha Ha Helpful, I an very brief in and out trade, made less than £100 on it, first time I have bought RRR shares in over 10 years and it will be the last. Not that I dont think there is money to be made b trading this share, as there will likely be another pump and if we get good Zimbabwe news, and or DR money arrives then in fairness there is lots of money to be made. The biggest red flag for me is Andrew Bell`s silence, as with him no news is bad news . . lol Looks like issues with getting money from DRC is not RRR specific, there are a few others in the same boat. A road map for Zimbabwe would be beneficial for holders, and is something I would imagine you would be through the middle of as a significant share holder in ALR, surely this is something you would like to see also.
Red Rock Chairman Andrew Bell comments : "These high grade Lithium Oxide results show the potential that exists, and we continue discussions with potential customers and contractors. Further news will be released as it becomes available."
eyes on the ball ladies and gentleman, we seems to be getting monthly news looking at the last 3 LI updates
so one can only assume the 20th of this month or earlier the Chinese will say yes to this abundance of supply to there EV Market.. and revenue will start to pore in for RED and it's partners and eventually for all shareholders
IMO BELL is the most excited about the future on that last interview than i have seen him in a long while
patience is the key, or sell and move on simple... as moaning sometimes does not help news to come quicker
GL in whatever you guys decide to do while Manipulation continues or don't continue, in the days ahead..
ATB
Slow death for rrr😭
No RNS about the Congo settlement even after Bell spent nearly a month there?
I suppose you can only phrase 'waiting for a signature' in so many combinations before investors twig 😉
I too am surprised.....
And you did buy back in on the lithium news, you posted as much on here.
I expect you will buy back in on news.
And thats it for my comments Im not getting dragged in to slanging matches again . . . lol
Ha Ha - No chance ! J
ust very curious to see how things pan out here ! Very surprised no DRC or Zimbabwe updates !
Bought back in again yet Dukey?
Never seen so many shares get suspended on AIM before ! Risk of this happening at RRR if they try and delay accounts ?
TW to endorse it as another short term trade? The last 'tip' worked a treat!
What hope is left?
Robins - I'm led to beleive Andrew reads these boards.
Even if its bad news Mr Bell shareholders really deserve an update on DRC. They can then assess the companies prospects against other assets you have.
SP down again today boys and girls. Will the management ever achieve?
Https://www.junominerals.com.au/cproot/1139/3/20231003%20Prospectus%20Dispatched.pdf
https://www.junominerals.com.au/cproot/1140/3/20231003%20Letter%20to%20Ineligble%20Shareholders%20-%20Entitlement%20Offer%20-%20Juno%20-%202023-09-26.pdf
It seems the prospectus is not available in the UK: regulations and all that good stuff. Pity, I would be interested in reading what the prospectus has to say about Mt Ida.
DYOR