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Gold seems to be holding well above its new base £2300 HP'' MOVING UP AGAIN, all looking good for RRR WHEN WE GET GOING
Helpful. 'How you can be so wrong and yet continue to post drivel is beyond the wit of man.'
Hahahahaha. Good one Delboy 😉🤣😅
We all know what your view on these matters is worth: go on explain to us about Musonoi and Kenya. How you can he so wrong and yet continue to post drivel is beyond the wit of man.
It reminds me of the boy that cried wolf.
You can only spin a tale of good news and riches so many times and fail.
To be fair the Company has not overblown FASO that's all on Helpful.
- production starting this week $260k a month to RRR
- 5,000 ounces net to RRR soon.
1,100 tonnes per hour throughput.
- $550 per once cost which he has revised down to $300-400.
These numbers are so ridiculous only a fool would beleive them.
Agreed ! If helpful believed what his own posts he would be mopping these up at these prices, it seems instead he wants to try and get others to believe him so as he can sell into any rise ! Pure subjection on my part but that does seem what its like to me !
Dukey everyone is waiting for the next news.
I think patience has been badly tested and most want out (including the placees)
Even if the news is superb there will.be trust issues [Reach etc Lithium stories ] and I think this will struggle to hold any rise.
4 sells instead !
This is getting a little bit spooky'' no trade in 4 hours ? and a calm never been seen since RRR conception...
I'm taking bets on the first trade of the day if any LOL!! will it be a big buy or a small £35 sell or less ?
STICKY STICKY STICKY waiting on news IMO
GL
Yes however Robins someone lent us at least 600k.
We had not a lot in the bank at 31st Dec 23 and managed to.limp through to the share raise at 0.51p in mid April 24. No incomes sources. Who paid the bills in Quarter 1 ?
So that could be Lenigas ?
Debt now over £4m and whoever lent the Q1 money has not secured it on any RRR assets. No charge for RRR or any subsidiaries lodged at CH.
On the face of it excellent news but that story may have longer to run :)
All IMO and DYOR.
Banburyboy I know rich people do not give their money away but I thought that maybe Lenigas might have lent us the money to avoid the last placing. Seems no one believes in our potential.
A signal Robins ?
Don't get where the next hyperbole comes from
- 200 tonnes and Lithium was just hyperbole. Nothing to see there.
- FASO is clearly slowing and pushed too hard
- DRC just seems stuck.
- Australia stuck until POW deal moves forward.
They desperately need credible news to let the placing guys escape ( not least for them to participate in the next one)
Wheres the news coming from ?
You might be right Kenya ?
Like me Robins you have been here five years plus and I'm just not seeing anything to take RRR out of this downward spiral.
Even Lundy seems subdued.
I would hate to be out for a single minute, been so close an all'' I don't know about anyone else posting on here as I don't talk to trolls, or those hanging around for an RNS to sell off... but the people on here that is familiar with the case will understand and you can count those on 1 hand...
But maidit it was a minus one?
Closing on a 1 trade with what is written above is got to be the best look I have seen all year..
GL
Speak soon
The French have just been expelled from FASO this week final diplomats gone. No British presence ( use embassy in Accra) plus foreign office don't travel advice. 100 Wagner troops in place 200 more to come.
Heatwave in Sahal and 40% of territory under Jihadest control.
The risks are huge and staying safe as Maidit suggests may be very difficult.
Whatever spin Lundy puts on it this is not an easy place to do business and a distinct possibility timescales will drift into 2025.
This company needs one of those cash defining events - DRC / 200 tonnes ( my favourite) / asset sale / elephant / board forgo salary urgently.
Sentiment is so bad and the record so poor I'm not even convinced the next pump cycle to get placing shares away will attract the herd. RRR and its track record are too well known.
IMO only and DYOR.
GOLD seems to be recovering fast from it's 2 days losses and could break out again this evening '' see what happens..
good sentiment in the sector around the support level of $2300 an ounce can only help little RED'S cause...
Take your pick which one will land first'' but another 1 for the believers just now'' give me confidence that we will soon find out which one...
GL, AB AND TEAM OUT THERE IN THE FIELDS GOLD WASHING, KEEP SAFE...
ATB