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my last post should've said "underestimate". "I think you UNDERSETIMATE (in my opinion) the meagre abilities of Andrew and you think things will only get better from here"
No i'm not living in the past but i do take into consideration what happened in the past Maestro i am not going to squabble with you and i'm certainly not going to try convince you to sell. But before i leave you here's a slight alteration from some famous lines from "breaking bad". "You may think you're being smart by being in this share. But even you are too stupid to see. That you made up your mind about being a long termer in this share ages ago" ..... I think you've been seduced by Andrew's spin. Longtermers ultimately lose in this share. I think you overestimate the (in my opinion) meagre abilities of Andrew and you think things will only get better from here. When the JMS IPO is out of the way i think retraction will happen here; may be slow but i think it will happen.
Helpful You are correct, steelmin production should start anyday i cant see the new funders would have invested if the deal wasnt lucrative. AB has been in the congo so news on that front also.
Zumore A think a few like yourself are dwindling in the past, if this was in the us market someone would have bought and sold it in pieces and made a massive profit. Fact of matter is company has great fundamentals, rrr will receive c.£1m from disposing some jms shares and will retain 18m shares. A cash position c.3m, own minimum value of £4.5m jms shares, own 22% of steelmin co which is forcasted to make eur10m ebitda. yet mkt cap shade over 5m.
I don't believe most would wish a shareholder to make losses in this share. For me personally i would expect a person who has recently parted with money to buy into RRR to be trying to promote their recent investment. I know some get angry with posters who promote/ramp like crazy on a thread but these days i don't mind. Of course i also believe that the promotors/rampers shouldn't whinge about those posters who have less positive views than their own.
entitled "wishing well" . In my opinion very funny: https://www.youtube.com/watch?v=D9nf3RBnuGk I guess the moral of this short story is, that the grass isn't always greener on the other side, it's sometimes best to stick and be satisfied with what you've got.
See if i can fix first two links? All dressed up for a sharetalk interview? http://www.ehowzit.co.za/wp-content/uploads/2015/03/benny-hill.jpg 2014 Uk investor show with the promotion girls? https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcTit1_P7T0ILq1UWTWQuhrTAbzWtw-PiChhc5uULy1h58RmhSmOWg
All dressed up for a sharetalk interview? http://www.ehowzit.co.za/wp-content/uploads/2015/03/benny-hill.jpg 2014 UK investor show with the promotion girls? http://www.runstop.de/segue06.jpg When he met Michael Jackson 20 years ago? https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcSiyZ0AM9p91-I0CYTtWoOuecHufhe0hR5ovc4jo1plH3RDYP3a5A A photo of him with the old RRR board? https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcRXYYDzGncr4K9KdX8DBC9Wy8WjieBMWZuidgQe7Jdoffo11gsy His reaction when he's just been asked an interesting question in a proactive investors interview? http://www.runstop.de/segue07.jpg
https://twitter.com/Boardo65/status/983786067575869440 Obviously that is a Sunday joke because that is Mr Bell in the photo. I'm not saying i'm an expert on belts but men's belts are usually very thick and chunky but in that photo that looks like a very thin ladies belt? and if i'm not mistaken it looks like a size 28 ladies size?
Seingred, i actually recall on 25-1 share consolidation day in December 2015 that one twitter user told Mr Bell that they had just bought some RRR shares at 0.20p, so although that price was brief, some people have made good profits in RRR since then. Though as you point out, todays 1p share price would only be 0.04p in the pre-consolidation share price and i along with many others first bought into RRR at well over 1p (before 25-1 share consolidation happened): so those newer shareholders who want more cheery optimistic posts from the older or former RRR shareholders, LOL it could never be. I actually said the other day that i couldn't see RRR completing the Congo deal but i guess Bell does have a long track record of investing in difficult countries, so that Congo is a war torn country and millions of people are trying to flee it, then this is probably the sort of investment Bell would do. And i personally think those that are negative on Bell would love him to do the Congo deal. Then again many who do like Bell want him to do the Congo deal and so i guess if the Congo deal does happen then all sides will be happy. :) Lastly, yes this share price has been good to many newer shareholders these past two years but unless there is a dramatic positive share price reaction to when Jupiter relist in a few days then i cannot see much more upward momentum here: i personally think a few weeks after the Jupiter IPO this share price will slowly start to fizzle out. And i certainly don't see the well known rampers (those that can affect the price) taking RRR on because from my observations they like to buy in at the stone cold bottom and they like to be the ramp creators, they don't like to buy in when others have already made "bags" in that share.
Lol,to be more precise he has been posting since above 1 p old money. Ie pre 25 :1 consolidation.ie 25 plus bags above todays price. That said a 1 bag rise over the last year is an improvment over the 99 per cent drop over previous 5-6 years.even if the m cap has multiplied by around 5 x Bit of perspective needed sometimes.
Indeed big week. We might hear something on Steelmin too. They can't be far off getting started now.
Yea, hoping investors dont make money, just spam the board with negativity. Good luck you have been doing this since it went all the way down to 0.4p. Now we are over 1p.
That nobody but the directors and death spiral financiers have had returns from the company is probably not correct and that investors have never had a return is probably not correct either. Obviously I cannot possibly have access to the finer detail. Those statements were poorly written opinions and I retract them.
Clear conscious PMSL. Getting a tad desperate, very hate filled and vindictive. Some would say even bordering on libel. Watching you chumps squirm next week will be great.
I watched the China Hustle film and immediately assimilated the modus operandi to the directors here. Nobody but the directors and death spiral financiers have had returns from the company. How is that? Trading the shares is a matter for the gamblers. Good luck with the gambling but investors have NEVER had a return? I wish I had thought of a similar way to make money but then, I sleep at night with a clear conscience because I have one. Shame on you chancers and cohorts.
well ludeck we shall see, while you and you buddies have been whinging since it fell to 0.5p the sp is over 1p, keep going and cry about the past. Mkt cap is just over 5m volume will come here.
Not sure there's any "issue with people making money". The issue is that this is a monster of an overhang which is going to weigh heavy on any substantial SP rise for months, if not years to come. The IPO can happen, the Steelmin success story can happen (perhaps)... but unless you get interest for literally tens of millions of shares from new buyers then the SP will make little or no progress. The MMs will play the volume and take advantage of any and all sellers showing willing to offload at these levels.
The holders earned their warrants while they invested in the company when the price was alot lower. They deserve the warrants. You seem to have issue with people making money. Next week jms will ipo and we will see what the mlt values our 18m shares at. I hear the placing was oversubscribed. Next week we will have over £3m in bank also.
As I predicted/stated many times the warrants due to expire have been exercised. Nice little rise to help them sell into it seems ! Today's were just a handful of the many millions that are "in the money" which now leaves: 8,333,333 exercisable at 0.90 pence expires - 03.09.2018 97,023,801 exercisable at 0.84 pence expires - 13.11.2018 75,000,000 exercisable at 0.80 pence expires - 22.08.2018 So another 180m shares to come there at those prices Then there are these also: 20,000,000 exercisable at 2.20 pence - expires 20.06.2019 30,937,500 exercisable at 1.40 pence - expires 30.04.2019 7,812,500 exercisable at 1.60 pence - expires 20.12.2019 On top of all this there remain 119m worth of shares at 0.8p for the outstanding Convertible Loan Notes.
Sounds like another "bandwagon" for our illustrious leader to climb aboard.
Jms on opening day will trade above 40c.
just in case anyone missed the "significantly" oversubscribed news from Jupiter. Listing on ASX 18th April. https://www.jupitermines.com/cproot/779/3/20180412%20Jupiter%20On%20Track%20for%20ASX%20Listing%20on%2018%20April.pdf RRR has ca. 23m shares. Having TO SELL 20% OF ITS HOLDING for 40c Proceeds next week. Expect shares to soar on listing..........reason? Excellent dividends. RRR has had $734k in the last 6 months. So even if the share price remained at 40c (very unlikely) RRR would have instant equity of over A$8m. ps And there is more............another $840k (inc int) is now due from a RRR promissory note selling El Limon to CML now PARA.