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'It is easy if everything works.' Er, no 5hit Sherlock. Wash plant is already a month late. No details there I see how this monumental fcuk up happened? Cowboy outfit self caused dilemma. Someone not doing their job correctly. I said a month ago no way it would be going by air.
Anyway apparently RRR will be in production and making cash before the next dilutive placing is needed. And shares will be placed @ 0.2p or even 0.3p. So who cares?
Helpful by name, 🤡 by nature.
I disagree Helpful.
FACT dukey has called this share 100% right for a long time. The one poster who is constantly wrong is Helpful aka Stephen Paul Lundy.
By his own admission he is a confidante of AB and a company insider.
This makes you constantly being wrong all the more concerning as it could be argued you have misled shareholders.
You kindly posted your solicitors name should anyone posting on here want it.
Who gives a toss what you think? You are a non-shareholder, you have a agenda with AB that is way beyond obsessive and you are consistently wrong. Pay the money you owe to Christie's Hospital and clear off.
Helpful - It’s easy if everything works - Easier if one things works
Liquid form - if RRR get any form it be a bonus, good that your worries about it being stolen because YES it has happened before to Andrew Bell and RRR - FACT !
Hopefully there is lots of pay dirt, just need some equipment now to go ahead !
As you know I’m far from positive on AB or RRR so forgive me my scepticism - Is this time different ? genuinely hope so cos if it’s not even you are fooked !
It is easy if everything works.
Assumes you have the grade, the pay dirt is a decent mix and you don't get kit breaking down.
Look up aqua regia: it is how to hold gold in liquid form to stop it getting stolen.
There is a lot of pay dirt already mined waiting to be processed.
DYOR
Helpful
Thanks . On REM plc days, the posters said they will go to Sonora, Mexico and it is just a trucking and scooping operation.
So, SIGN UP all up for work at RRR BILBALE. 1st watch the 2 videos from Aussie Gold Rush and wash plants. One just drives a forklift or excavator and scoops all the orange looking sand into the conveyor belt and that is it. Its looks as simple as putting peanuts into a grinder and out comes peanut butter LoL. Everyone that lost money in stocks all these years in the terrible downturn in the cycle can scoop GOLD, GOLD!!! If Rick Rule is right, then maybe, RRR Bilbale will have to sell gold at source , like they do for diamonds and Swiss and Japs buy them straight from the river. Jobs for the boys at RRR forum and that would be nice if they all got together and got a piece of the gold rush action somewhere. Brits can go to Australia under a scheme wherein they go under a gold mining job scheme ie work for self. At Victoria gold fields, some use an excavator to scoop the soil and get a gravity machine to sieve out the nuggetty gold. You tell them Helpful how easy it is via a video 101. Its good for education purposes.
There is more money to be had at Bilbale.
Of course, I can articulate myself well when I want to. I have had enough of rest and sun. By the way, ya all, I was reading the UKOG plc forum on this site and one said that 90% LOSS is "ACROSS THE BOARD". So, if it is of any comfort, let us hope that in this up cycle, investors will win over the market. One can hope as Rick Rule is saying ....which I dont want to repeat. Lots in the news to think about ie retirement age etc and that is concentrating minds. Thur, 2 May 2024.
Hope Helpful's ship comes in with Elephant Oil Corp as drilling on the adjacent property will be shortly.
News glad you enjoyed the sun.
Your 19.15 post was well written structured and clear.
I think other posters will agree its a far better style to read.
Good luck with the investment.
------Allo, Allo & Good Evening.
Read of SOMA [ RRR El Limon gold royalty] which is nice. I was reading on Twitter that Soma Gold was under-valued.
So, they could have the wonga to pay RRR the royalties. As for DRC, lets hope that a surprise is forthcoming of the nice type ie signing of award. As for gold washes etc, I gave a link to Aussie Gold Rush and it needs few employee as basically the ore is going up to feed the sorter. From the 2 episodes I watched ie short video, the output of gold can vary. This is because the ore could be more gold or a bit less but the sums of revenue is good. If folks want to, they can do a fact check ie the residents here can go over to check but risk is their own liability given they are not happy getting RRR RNS's?
LoL. Have been enjoying the warm sun today. Hope ya all are relaxed as the resident run out of energy to post?
It's a transfer from trading accout to SIPP or ISA - nothing more.
I'm afraid you can't wish this over the line it's a dog maidit
Well someone is certainly confident, and must know a lot more than the trolls that festers here, that's for sure''
could be more director buys ?
looking forward to next update and see what it says
Maid it your not the sharpest knife in the block but even Help will tell you the consideration is capped at $3m.
That's been discussed on here dozens of time
A record 32,340 AuEq ounces were produced in 2023 – a 40% increase from the previous year. Q4-2024 AuEq production was up 25% to 7,234 ounces.
Revenue for the year rose by 53% to $81.1 million. Income for 2023 reached $2.8 million, compared to $0.3 million in 2022. Q4-2024 revenue climbed 46% to $19.4 million.
Adjusted EBITDA(1) reached $31.8 million, an 83% increase over the previous year. For Q4-2024, Adjusted EBITDA(1) of $5.1 million was 116% higher than Q4 of 2022.
Total cash costs per ounce of gold sold(1) for 2023 was US$983, slightly lower than the US$1,002 reported in the previous year.
that's some huge FKN numbers I must say'' and RRR royalty when 2024 prices is taken into consideration could be a lot bigger than the $3m expected
we will see..
Thanks again HP'' I will go back through your post yesterday and catch up
Regards
Maidit you really must be away with the fairies
"HP you can allways be relied upon for the correct information"
Hes in denial - the moral equivalent of drugs / smoking and drinking is good for your health :)
Many thanks for that HP'' you can always be relied upon for the correct information..
BTW, I nearly spit by coffee out just now'' x2 50m buys full ask and under ? is there a leak''
Soma gold - a bit of balance.
RRR had a long legal dispute with the buyer on terms - this lasted nearly 2 years with a lot of acrimony.
Suspect it will be very hard to extract the royalty. AB has poor form on legal issues.
Let's hope it's not an issue.
Christ Helpful everything you say is tomorrow. How about now as you are in close contact with AB.
Maid, we have about $3mil outstanding in royalty payments from Soma Gold. I posted the relevant bits yesterday or Tuesday. They are about to restart the El Limon mill and once it is running they will be paying a 3% NSR quarterly in arrears. Their AR from a couple of days ago said they were finalising the restart: so the restart could be any time now.
The restart was supposed to be December but it has been delayed; IMHO partly by their CEO leaving.
DYOR
Https://www.proactiveinvestors.co.uk/companies/news/1046673/trident-royalties-income-boosted-by-strong-gold-performance-1046673.html
this link reminds me that we are also expecting some royalty from one of our 2% interest'' and that we will here more in this regards ferly soon ? HP'' / NEWS'' will know more about this than me, and would perhaps go into a deep dive on what other gold play we may still have an interest in ATM... waiting on royalty
Regards
Disruptions can create opportunities, nice to be able to sometimes anticipate them, I appreciate the simplicity...
Just for the mindless rampers. Although apparently RRR be in production and making cash before the next dilutive placing is needed. Or placing shares will be forward sold @ 0.2p or even, wait for it... gasp... 0.3p Tic, toc... 🤡
My point was, spending a load of money, then walking away. Contrast with Bilbale, minimal spend and into production. Give me Bilbale and another one or two similar every day of the week.
DYOR
My point was, spending a load of money, then walking away. Contrast with Bilbale, minimal spend and into production. Give me Bilbale and another one or two similar every day of the week.
DYOR