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AIM we might be spared dilution it would have happened by now. They are skint
I suspect an undisclosed loan secured on assets is in place at userous rates of interest.
They have no duty to disclose a loan but a duty to disclose charges. Mr Bell himself has posted correcting me on charges. CH said RRR had a charge with Prime Resources. Mr Bell told me it had been satisfied three weeks later the CH register was updated. What's a SH supposed to do he tells this board then corrects the CH register ? It's poor governance.
They had a less than transparent arrangement with Riversfort through their RRR coal subsidiary. Tucked away nicely out of sight. It came to light through audit disclosures.
No suggestion of anything illegal. Just poor non transparent governance where RRR overplays ridiculously its prospects and goes to some lengths to downplay risks and bad news.
Let's just hope DRC is suddenly not in the bad news box !!
Anyway wheres Lenigas I thought he was brought in to save us.
Banburyboy, an absence of evidence is not suffificient for an "always" proposition as a deduced truth. Your examples and I think you mean November 2023 regarding Lithium are from slightly different categories.
It would be remiss of me to say because all the swans I've seen are white, all swans are white. I can correctly say all the swans I've seen are birds, all swans are birds.
And while one might wonder how long it will take for a Kestrel to fly a message, the perception of waiting time might be influenced by when the message is sent.
In the modern era perhaps a few kettles will have to do there stuff before anyone can put forward a deductive proposition.
Post something useful about the DRC award helpful. All this other fluff is irrelevant at present with shareholders staring down the barrel of the dilution gun.
The guy is a lithium economist and assembles information from different sources. He details the future prices and the spot prices of all of the lithium ore products and derivative chemicals. If you read his stuff then you will be very well informed about what is happening in the complex lithium market. I expect you don't read it and are happy being uninformed.
My view is that things are improving in the lithium market. You might take a different view and I don't care.
DYOR
DYOR
This is probably the most damning admission of repeated and sustained failure.
When Bell wrote this the SP was 0.55p (not 0.07p) and the shares in issue was 1.26bn (not 3.55bn) .
Its truely shocking and still it continues
"We expect an arbitral award in the Democratic Republic of Congo, and the listing of Elephant
Oil Corporation, where we are shareholders, within a short period. Prudence however dictates
that as we await inflows potentially large in relation to the size of the Company, we do not
become so optimistic as to timing that we deplete too far the liquidity available in the short term.
Some large shareholders have supported us in our desire not to place shares in a market that is
not receptive and at prices we think too low. We are grateful to them for their confidence in us,
in accepting an instrument only exercisable at a price above the current market price of our
shares"
Its absolutely shameless stuff made worse by Helpful insider Lundy saying RRR is in a good place !!!!
No its not in a good place it was in a far better place in July 22 for ordinary Jo shareholders not the privilidged few.
WHERE IS THE DRC MONEY ANDREW NO ONE CARES IF GOLD IS UP OR ANYTHING ABOUT LITHUIM HELPFUL STOP TALKING USELESS CRAP
You post this link at least 3 times a day . it's boring now
So resistance seems to be $2,211 for the moment.
DYOR
Https://twitter.com/jczuleta/status/1770755026849272043?t=J7sZaSS5nbkhKsPprX5auQ&s=19
DYOR
Silence is golden for sure, lets hope the next big volume day we see won't be T20 settlement closing out from last month.. and it's with substance, but if all else fails as nothing is a given, we are still lucky to have 100% GOLD that is still at the highest price in history.. and off course an IPO in ELEP shortly
won't be long now I should imagine
Patient
Bargain seeker it was imminent 2 years ago. Its a matter of maths
Imminent > two years
Close > significantly over two years.
Last time RRR had a deal this size they said the funds were deposited in a Cypriot Bank and the funds never re-appeared and there was no deal.
So with RRR even when things appear over the line [ never mind close] there is allways a sting in the tail
Evidenced by Greenland and first Lithium exports in Nov 24.
Helpless still a busy boy I see.
News release must be close
Wonder if any sells sun 0.065 today ?
Holding over $2,200; currently $2,209.
Eagerly anticipating this big news.
Well holy rubber duck. Gold just touched $2,211 and is currently $2,204.
Biiig!
DYOR
One company was taking samples near lake Kossou in early March, I expect they have the results back by now. The deal was that they shared the results with us.
DYOR
Well say something with an insight or something and maybe you will get a better response. Fixating on me won't help the share price.
Stock answer for you now? Poor form, but expected.
Still attention seeking?
Https://twitter.com/TereaAfrica007/status/1770340784752980227?t=oOE912bQSqfmeV5LYqhjLQ&s=19
DYOR
Zzzzzz, guaranteed it will be lower by the time we’re (I mean this as us SH, not you’re self) in a position to produce or sell or JV, whatever pipe dream you and your puppet master have this week.
Touched $2,187.
Looking good for $2,200 again.
DYOR
Maid, the way it works is as follows:
I buy 10mil shares on T20 settlement; 20 trading days later I have a choice, pay for the shares and own them or I roll them over for a new T20; it used to be called cash and new; the T20 rollover goes through as a new buy and a new sell with a small margin between the two; normally they take place within a couple of minutes of each other; the punter pays a dealing commission and the cost of the spread plus any loss.
DYOR
OK, HP'' but how very convenient to bring rollover of 114m shares in the buy column that does FK all, on a special not so special day ? the mind boggles with these casinos, never fail to excite... with there rule changing on Buys V Sells and game playing with us suckers... dropping the price for no apparent reason, that i could see for only 9.8m sells, other than smoke and Mirror when they think news could be close
anyway get back safe AB that's all that matters, knowing what country you are in... we want you to get the cash but your life is worth more, stay safe