Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Banburyboy
In your 11:56 post, you directed it to me personally so I must reply. First of all, I mentioned the 11:40am post on this forum and in particular, sentence 3. It appears to be a SWEEPING STATEMENT in which a thorough analysis was NOT posted. You have stated you are a CHARTERED ACCOUNTANT quoting ACA etc and from KPMG [this is your own post on Harbour Energy to spec about me which is not related to Harbour at all. So, from your own mouth]. If so, then, ALL ACCOUNTANTS MUST PASS LAW PAPERS of different types eg company law etc. So, rather stunning that at 11:40am, you can post something like that on a public forum that was UNQUALIFIED.
Hence, why I posted an earlier post on this forum that an ANALYSIS must be produced and this has NOT BEEN DONE. Why? One sided. If a BIG 4 Accountancy firm were to do an ANALYSIS, it would not be like what you appear to have posted via the 2 posts.
FINAL EVIDENCE OF PROOF:
In the official RRR RNS @ audited accounts, the AUTHORISED AUDITORS AND ACCOUNTANTS WILL REPORT and whether RRR is a going concern or not , or qualify that funds must be raised etc. THEN, YES, IT IS A REGULATORY NEWS and one in which the auditors have the authority to make any statements as norm.
HELPFUL
It has NOTHING to do with the 2 posts as above by your good self. You have called me names and to which this site will ban posters for? In reading some of your posts, you have taken issue with Helpful and this is something that is your business. However, one poster now wants to meet Helpful and knows even where his LOCAL IS? Local in the UK is meant to be the PUB. How can anyone on this forum know which pub Helpful goes to and how do you know, Sir, the size of Helpful? How? Hmmmm. Fri, 19.4.24 Just askin?
Terrible presenter. You right about the read across.
DYOR
News you've seen the accounts from 31st December.
£4m debt is recorded
Plus whatever they accrued in quarter 1 2024.
Thats an awful lot of money to find when you have limited headroom to issue shares.
Most on here would prefer Helpful to take the hit as opposed to shareholders hence my commeent but he will have preferential treatment.
Helpful is an insider [ one of the privileged few] his interests and your and mine as ordinary shareholders are not allways aligned.
Mr Bell and Helpful know that more than most.
PS - Help has told us he owns the CLN many times.
My and many other posters problem is HELP not RRR. He really should not be posting.
HI NEWS'' / HP'' a proactive interview GGP yesterday make interesting listening for RED ROCK OZ and small cap gold stock in general, there is lot's to take away from it worth a listen
https://www.proactiveinvestors.co.uk/companies/news/1045601/greatland-gold-says-gold-at-a-record-boosts-the-economics-of-the-company-s-projects-1045601.html
Regards
Re: 11:40 am post below.
PARA 3 : I think that is something that A.Bell , Chairman of RRR has to now tackle. Why? Few make such statements for obvious reasons on stock forums. Fri, 19.4.24.
4 trades thus far in RRR. ONE was a REVERSAL of the one yesterday for 1 share trade. Now, it shows minus 1 = reverse or in a/c contra entry. Why? So, all the speculation of 500m shares to be sold to market has NOT been seen ie FACT.
As for placing shares at 0.05p, it is NOT the usual pattern that the sp has NOT fallen to the place price already done. It is currently, 0.06p.
RRR DRC:
I was reading an older article re: RRR Luanshimba DRC. In this mining article, A.B, Chairman of RRR mentioned RRR Kenya and how that licence got taken away [history] and that with persistence [quiet], it was later restored. I am now cognisant that the DRC DRAFT AWARD if signed at the commercial court would then potentially become a PRIMA FACIE case in favour of RRR relating to the party/ies of the loss of $430m [50.1% to RRR]. Paul Johnson has taken over an AIM co and he sold one licence for some $900k region but there is now an issue with payment - PJ will take action. By action, it will be legal action as norm. So, this contrasts with RRR DRC which is taking on the state miner and a major! Ah, but then, the sums are large in contrast to PJ's? So, one can say that it is not an easy task taking on 2 giants? As in? As in David vs Goliath? Fri, 19.4.24.------------NIA. DYOR.
12% coupon accrued. Notes extended to 24th July.
Another 600k the company has to find. Gulp.
Default could not happen to a nicer fella.
dukey, stick to stuff you know about, horse****.
another expert who doesn't understand clns, i used to get the same nonsense from tragic. he used to go on about what the terms of the cln were and how they worked and how i was up the creek. the clns have a very nice coupon, thank you very much.
dyor
Think Helpful sill has loan notes still yet to converted at 0,2p, after they were extended and reduced from 0.6p. Looks like they may have to be extended again and reduced.
Https://twitter.com/PeterSchiff/status/1781245311320539641?t=BhI8XSJGj-ca9y3VRdgLSQ&s=19
DYOR