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Dumb & Dumber lapping up everything Helpful excretes. Hate to see it but kinda funny too.
Longterm you have a gift of timing ! LOL
It's all happening this month lol
Investor Presentation December 2022 - Https://www.sec.gov/Archives/edgar/data/1865833/000121390022080948/ea170340-fwp_elephantoil.htm
Back on file
https://www.sec.gov/edgar/browse/?CIK=0001865833
Fingers crossed.....
LOL by all means ignore the other projects which went into production. Yes you lost money investing in RRR (at the wrong time)
The investing approach of buy high and sell low is never works
AB can't win. He brings an asset into production and their are more negative posters.
When the arbitration is signed you guys will have a field day lol
How many times has that been said on this bulletin board? In the past 15 years the rear view mirror has provide a far more accurate picture of Red Rock than anything else.
The wannabes who regularly predict Red Rock's fortunes are about to change come and go as regularly as night follows day. I very much doubt 2023 will be any different to the preceding 15 years. The only constant here is Helpful predicting things that never come to pass. At least you can hang your hat on that.
TDT
https://twitter.com/HedgehogTrader/status/1604899360093138944?t=QKN5-cdiZQcVOfZj5TM-hA&s=19
Keep driving in your rear view mirror drive drlong
https://twitter.com/RRR_RedRock/status/1604893230369210371?t=MEPfVH3_Lu1gszPJqBxe4Q&s=19
He has produced absolutely nothing and never will!! Why would he change after 18 years. How much history do you need to validate!!
The same Bell who actually got 51% of an asset that was stolen and Glencore paid $400m for ? We await arbitration.
The same Bell that has just turned a Lithium license into a producing asset with a cash flow stream early 2023 ?
Your right... nothing to see here
If Bell wants to provide prospective numbers for the Lithium project he is able to via a Stockbox or Proactive interview, I recall many CEO's offering up numbers on a loose basis via social media outlets.
These media outlets are heavily qualified (for educational purposes only etc) so a great deal can be said that does not come under the auspices of a Nomad.
The problem is Bell is a woeful promoter, every commentary he makes has umpteen caveats, he waffles on like he is lecturing, you get history, you get politics, you get topography, you get just about everything except what folk want to hear - namely how much value will a project potentially deliver in clear and simple language.
I have yet to hear any interview from Bell that is concise, I suppose there is always a first time.
People have been saying you carnt move on from the past for 15 years!!.
NOTHING WILL CHANGE. its a garauntee.
Get smart and don't pay bells wages!
Some just can't move on from the past.
AB has just bought an asset into production in Q1 2023
The figures make this a multiple of the SP.
Elephant oil and DRC Arbitration signing to come.
VUP do not get paid until RRR also sign !
Everyone off their meds for Xmas?
Them figures are all just pie in the sky numbers!!
Ab at the helm means nothing will happen . Simple as that .REMEBER YOU INLY INVES IN RRR TO PAY MR BELL HIS WAGES ,THUS HAS BEEN PROVEN FOR 18 YEARS
RRR corp
say net $10 million at at 5 PE would be market cap of $50 m
current market cap $4.9 10X return from current price
IMO low PE justified with small production and unknown life AT THIS POINT
As always Rose tinted glasses LOL (to the bank)
5,000 tonnes per month
$951 Sales price
4,755,000 gross
$1,188,750 net to RRR per month
$14,265,00 per year to RRR
Absolutely no tip off. I have never traded on tips, and any tip relating to RRR would likely never come to fruition. Purely technicalities and the start of draining the swamp here. Not sure I have much confidence in this ALR news but would like to be proven wrong
Not very much but enough for us to be very happy with it.
The issue is that we just want to skim the top off the resource and not disturb it. We want to be able to drill it at a later date and determine a proper resource. Secondly, the price that we can sell the 2% DSO for is a fraction of the 4.5% export grade product.
So we want to generate enough cash to fund activities but not sell so much that we are cutting our own throat.
We also want to fund a second EMP for Birkita and bring that into production too.
So we need enough cash to move up in the 4.5% grade on Till Hill, define a resource, bring Birkita into production and then move that up to the 4.5% grade.
There will be a bit of toing and froing but it looks pretty good to me.
Down the road we want to progress our other licence applications.
DYOR
Helpful well played. You are going to make multiples of your £100k investment
5000 tonnes per month once ramped up
Very approximately, how many tonnes are they likely to process per day for the initial DSO operation?
Panda said $951/t not $95.10/t. You are out on that calculation by a factor of ten.
For the 2% DSO all they do is blast, dig, move, grade and sell. For the 4.5% operation there is more involved. In the 2% DSO the costs are de minimis.
DYOR