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Spec - there is little or no regulation on AIM. Read my post of early yesterday - blue sky resources.
What commodity price cycles have to do with a company on a death spiral dilution, short of cash that has promised a cash crystaling event imminently for three and a half years is beyond me. Helpful is useless.
The company needs to provide an urgent proper update on all of the promised events that are in limbo DRC / Lithium and gold (production this week ! said helpless) . Unless they do that there might not be a company at worse or it will be even more bombed out than now. Contrary to our conspiracy theorist H5O who thinks it represents a good investment at these level. !! He's said that a few times to. For the avoidance of doubt I hold a beer money shareholding in RRR no short positions, have no connections to anyone that has, and I like posting at weekends. I also could be wrong and H5O right but as Zumore says when Helpless is walking back comments re short term it's a worrying sign. All the commodities and neighbours stuff is away with the fairies and at best incedental reading. Friday normally a big day for RRR spikes [ 60% of them] let's see what today brings
RNS- Reach vs required information
please clarify In Canada public companies cannot under any circumstances release or be associated with false information. The actual method of distribution of that false information is not relevant.
However for RRR in the UK you make a distinction that its "Reach' announcement. Are you saying or implying that an AIM company can release false or misleading information if its made on Reach?
In Canada even projections or statements about future events must be made in good faith, again without regard to method of distribution of that information. There have been numerous cases wereby a public company had to issue a news release withdrawing a previously made public statement made on the internet, or an interview or a publication.
Very topical Helpful
Its not just posters on this board that have expressed incredulity about RRRs statements about ALR and the 200 tons but also reputable financial journalists.
The following was a fairly brutal review of RRR and regulation in general following photo gate.
https://investingstrategy.co.uk/financial-news/is-the-aim-market-an-unregulated-mess
Circumstantial but all the personal issues you have with the NOMAD have all been since this criticism and they were IMO clearly stung.
More appropriately so were shareholders, the lack of progress on 200 tonnes and the supposed experts raises serious trust issues that the journalist referred to and need addressing to shareholders as soon as possible. The questions raised by blueboy would be a start.
Please don’t insult mine or others on this board by telling me I can read, I’m stupid I get everything wrong. Its wearing a bit thin coming from someone that does actually (and is evidenced as) getting everything wrong.
Https://twitter.com/jczuleta/status/1783341306711855359?t=s-TmYxE3BYBxGMj9_KoDEg&s=19
DYOR
As the old saying goes, "you've got to start somewhere".
Looking forward to finding out where!
Not in a rush...
Appreciate everyone has different time horizons and patience is not the same as just allowing Zeno's paradox to become real. On the other hand, there is the legend of Milo who was said to carry a calf each day, as he walked, until it became a bull. Afterwards he could probably carry half the farm and tell a good story afterwards.
Let's hope Bell can Rock...
If you read something occasionally you might understand more.
"This is a Reach announcement. Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only / non-regulatory news releases into the public domain. Information required to be notified under the AIM Rules for Companies, Market Abuse Regulation or other regulation would be disseminated as an RNS regulatory announcement and not on Reach."
Pretty straightforward really. All you need to do now is look up AIM Rules and MAR.
DYOR
Pretty much all of those projects should be looked at a bit more closely for the ‘disappearance’ of funds, particularly Steelmin. But the Lithium exports, seen as Hapless won’t dwell on previous failures, does need looking at in the here and now. Who did we acquire the 200t from? How much for? Why were library pics used whilst claiming they were our exports? The dummy run for proving exports could happen/be viable, what is the decision? How much are the port costs for storing the product? Many more...As an extra, other than confetti, why is the Nomad not signing off RNS’s? Reach ones are exactly what they say, and are not worth paying any attention to, unless your name is Maidit who still can’t see the wood for the trees.
Banbury my definition of 'export' would include leaving for China for sale.
'beginning to export' is not the same. AB said watch our export's not watch us start something
Bilbae- watch us start to produce gold
DRC-watch us start to collect money
ELEP-watch the start of the US IPO
Australia -watch us start an IPO
Greenland watch us start a sale
Steelmin- watch us start this
etc etc etc
lots of starting but NO FINISHING
Spec
That's very harsh!
On 15th November 2023 we had a proper RNS which was entitled. Lithium Update Exports.
The first truck had left for Beira
Andrew said " we are now begining to export Lithium from Zimbabwe and expect this to be a growing part of the company business"
Not long after Helpful started moaning the NOMAD would sign nothing off and we had the pivot to Reach.
A cynic might say the Nomad and Investers had been fooled ! Personally I would rather they sold off the 200 tonnes at a loss rather than issue more shares.
We are well overdue an update on the mercurial 200 tonnes but doubt we will get one.
Going in the right direction for the past 2 month, but still have some catching up to do before AB decide to sell any IMO, and I make him right'' at least 60% more'' we have all the time in the world'' before this Manipulation in China start to unravelled when they realise that if they want the charge to last longer in these battery they need the king hard rock at least 3% LI and not the 0.3% CAB they are using to hold down the price of the proper stuff''
I am still checking RRR's lithium exports--0
per AB judge RRR by its exports
It's as if the 200 tonnes never existed :) Helpful and RRR owe shareholders an explanation. Perhaps its been stolen ?
Spec think it might be only you as I ignore those posts as we have been strung along re lithium.
.
Is it just me that everytime Helpful posts about Lithium that I check on RRR's lithium exports?
Https://twitter.com/jczuleta/status/1783046946552180874?t=htKKlta61d7rI4vMDW1Etg&s=19
DYOR