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Https://x.com/minenergybiz/status/1793213770971369522
RRR has copper at Luanshimba, Kimono, Macalder and South Australia. It has also has the tortious interference claim.
Likely but unknown, we have tin, tantalum and molybdenum in Zim and maybe caesium: ALR would need to do some sampling and testing.
DYOR
Helpful - none of this is relevant to the short term issues RRR has.
You are in denial and have been for many years.
RRR is in a good place you told this board 3 months ago. Nothing showing yet in either the SP or planned (company specific) activities to evidence this.
Https://x.com/minenergybiz/status/1793204305907826780
A lot of M&A incoming. I said in the recent past that mining companies would raise capital because they can and then go on a shopping spree..... Well....
DYOR
Looking at the third paragraph from the Zimbabwe RRR July RNS last year and you wouldn't be overly confident that a licence would be renewed.
https://www.lse.co.uk/rns/RRR/lithium-update-zimbabwe-aqq6g7j3p31y93s.html
Helpful the RRR shop window has been open a long time. Bell promised the auditors asset sales. No interest I'm afraid.
Zumore welcome back.
Great find on Lithium licence.
So Calamity Bell has if we beleive it 200 tonnes of Lithium to proof of concept the export market but potentially no mine licence to follow through on if it works. Lithium will be erased from RRR consiousness !!
Helpful. 'Likely but unknown, we have tin, tantalum and molybdenum in Zim and maybe caesium:'
Desperation seeping from every pore???
And AIM as Zumore points out likely the licence might lapse. Helpful is seriously stretching credibility. Him being an Investment Advisor and all!!!
Ah Doggie, the man who is not interested but so interested he has to post multiple times a day, every day about a share he has never held.
If you did some research on it, we have an asset in Zimbabwe called Tin Hill. It was a tin producing mine. The company has previously confirmed the presence of Molybdenum and Tantalum.
As usual we have a troll who knows nothing and reads nothing trying to make out that something entirely normal and common is somehow strange.
https://geologyscience.com/ore-minerals/tin-ore/?amp
If you do some checking you will see that tin in pegmatites in Zimbabwe is associated with tantalum, molybdenum and lithium. Caesium is rarer.
DYOR
Https://africanminingmarket.com/zimbabwes-kamativi-tin-mine-to-be-reopened-as-a-lithium-mine/10203/
DYOR
Helpful seems very rattled.
He needs to peddle harder and harder to attract newcomers.
Unfortunately for him the "herd" that followed RRR in times gone by are long gone.
Two stragglers News and Maidit missed the bus and the informed who call out the risks and address balance are growing.
Lundy incredibly quiet on FASO in past week or so. No hyperbole or bravado. He knows incoming news on delay IMO.
Helpful, seeing as you are on the forum at the moment...
I was reading Zumore's and Banbury's posts regarding the lithium licence, and the citation of an RNS from July 2023 (think it was) seemed as a way of covering the bases - if the lithium licence was not renewed it would be transferred (might still be renewed).
In general terms and with your greater overall knowledge thought I would ask you does a transfer just normally mean a transfer of responsibility and for example: non-payment for transfer if there was non-renewal, looking for answer in general terms please couldn't find any decent information from Internet search.
On another note - respecting the other commodities but tin is interesting for its' industrial applications e.g. it works as a solder which I think can apply to electric vehicle batteries and it is relevant to robotics.
Examples of a natural overlap between tin and lithium might be in parts of Africa but also parts of England so those sort of mentions are always of some interest for those who find commodities and geological... industrial history interesting.
Hot? That article was written on May 25, 2021 3 years ago.
HOT? I dont thinks so.
RRR in a good place? I dont think so
Helpful definitely over extended himself financially here and is now desperate for new blood to keep the placing churn going, without which the company goes bang and its goodnight Vienna to his investment.
Nike, no idea. What the rules say and what actually happens seems to be two quite separate things. https://www.londonstockexchange.com/news-article/RRR/lithium-update-zimbabwe/16025330
Whilst I am on, your comments about the JORC 2008 and the JORC2012 for Migori were incorrect. The difference between the two is that for the latter they measure what is economically capable of exploitation: ie., what would make a mine. It is hard rock and there has been no diminution of the gold merely a change in how it is included in the JORC. We need to do some drilling to add those "lost" ounces back into the JORC. AB has previously said that he thinks that there is between 4mil and 10mil ounces at Migori.
All will be addressed once the renewal is sorted.
DYOR
Doggie, the "expert" on RRR never having read anything or been a shareholder. As I said, I didn't take the placing and #, so, I don't need to dump placing shares.
Glad to see you are maintaining your style of just making drivel up. As it happens, I have been adding not selling.
DYOR
Migori 4 to 10 million ounces of gold? where/when did AB say that? its certainly not on RRR's website, no mention of that it in the technical report No RNS that I have been able to find. no article no interview
No worries Helpful...
I was just clarifying the website was up to date and what the most recent RNS was saying in relation to the comments on koz's from two other posters.
Appreciate there are subtleties involved and these things aren't set in stone, so to speak. 1.2million ounces is better than 700 and 4 million is better still, 723 koz's seems to me, decent enough - 1 million plus quite nice at today's gold price. Sometimes more can be revealed in the discovery phase which of course requires time and enterprise.
Thanks
Yes this stock is red hot for trolling never seen anything like it'' 20 trades 40 post 25 from none holders and it start every day at 6pm as NEWS'' said, IMO there is a gang of 12 that fester these thread, and only good solid regular news can stop them...
all over for the day nothing more to see here all you miserable CNTS
see you bright and early tomorrow 6am before anyone else,
but 1 day you will get caught and we get a big fat RNS @ 7am and SP treble or more
looking forward to it
Helpful when it comes to making stuff you have been an excellent tutor, a real old school financial adviser 😅🤡
Maidit-your post reads as if you emotional. take a deep breath
Ask yourself
1-is a 3 year old article truly "hot"
2-did AB state anywhere that Migori has or has the potential of 4 to 10 million ounces of gold?
I have own share and average down at around 0. 25. I disagreed with getting involved with Lithium but I understood the rationale. Personally I thought RRR should just focus on DRC cash and minimize dilution
RRR has issued RNS on consolidating RRAL- what has happened? was due diligence completed. This is a very big transaction and I think shareholders should be updated when deadlines have passed
Burkina Faso- again what's going on?
Asking question, expressing concerning or calling out BS (on Migori) is not trolling
You have been posting for a while and have personally witnessed a large drop in share price. Are you satisfied with event of the past several months
Spec' and Babury, there is a Proctive Investors: 3 minutes 30 interview relating to the Red Rock Resources RNS of 7th January 2022.
I am paraphrasing and simplifying and not saying too much regarding measurements as don't want to mis-state or misinterpret as am not good on the technicalities.
Further down in the RNS it states estimated 723,000 ounces of metal gold content within 15.13 million tonnes - the 723,000 ounces is the gold that was estimated could be extracted on the available evidence.
Bell was saying in the intervierview that (am paraphrasing) you start open pit, as you go further down (believe he gave a sample measurement to support his thinking) there is higher grade - he finished the interview by stating his belief that although held back by capital constraint regarding extent of exploration "there's millions of ounces to be found".
Whatever the ultimate mineral resource... seems this is consistent enough with Helpful's multiple figure, it only refers to conversation, the logic behind Bell's belief may be valid but it is untested by evidence until the work is done.
I'm not stating my belief on likey resource that will be discovered, just that Helpful's memory of what Bell said is consistent enough, with the closing remarks from the interview of 07/01/22.
Cheers...
Thanks Nike and credit where its due for digging that one out. Hope the recovery is going well ? Be careful this board can be addictive !!!
NikeAir180 Thank you. Personally I would make a distinction between a vague statement (which IMO should not have been made by anyone working for RRR) which has no factual basis by qualified/competent person and the specific numbers quoted by Helpful which gives the appearance (due its specificity) that it had a basis in fact.
Helpful has taken that approach multiple times over the past year and has consistently proven to be wrong.
Most recently today he posted a ":Hot" article regarding lithium which in reality was a 3 year old article.
His posting is damaging to RRR and IMO appears to be intentional
Https://www.rrrplc.com/projects-and-investments/gold/migori-gold-project/
DYOR