Firering Strategic Minerals: From explorer to producer. Watch the video here.
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Started: news, Today 17:54
Last post: Theeeeduke, Today 18:57
News, I said people who bought at 0.05 today would be close to a 20% loss of they were to sell. If they sold at 0.04 which was the stated bid which would be 20% loss plus fees. As we know the real bid was just over 0.04, hence why I said “almost 20%” !
As an example:
PoW's new RNS on Tati just came on to my Twitter feed.
https://twitter.com/PowerMetRes/status/1803391598484509083
It looks like PoW is also going the SAME ROUTE as RRR and PIVOTING TO a small gold operation and the JV partner is a private co. Again, like RRR, they are not going for exploration , drilling etc as in green field but rather BROWNFIELD?
RRR is targeting artisanals in FASO vs PoW at an old mine? As I said the industry moves in the same way.
This is one example of the NEW STYLE TYPE OF RNS. Why? In the past, there is more detail but now it is rather more
compact and does not spell out every dot of the agreement kinda of thing.?
I think today has shown the conclusion of the months of postings on this forum. One can see that postings was about AUTHORITY TO ISSUE at the RRR London AGM on 16 Feb 2024 appeared to turn into ISSUANCE. Big difference in asking for authority and actually issuing. When that didnt transpire, it was on to the next bogey man. On and on it went on for months. Yes, I did come to look a long time ago but left because one could NEVER get anything meaningful except the resident posting his style of unofficial overview. Least but not last was something rather original given I have never seen it in all my years at this site ie HOW DID THE 2 LICENCES AT RRR KILMORE & KILMORE WEST BECOME VALUED at....? Also, it is " L I E S " about the $430m potential international litigation. Who are telling these lies? Yes, I posted that from the RRR Broker Note @Clean Tech , RRR results RNS and RRR Mar 2024 RNS [see RRR.GB.PL for the links]. IF, RRR was telling lies, then so too MUST BE THE LEGAL COUNSEL RRR CONSULTED, and so too by implication , the NOMAD? That is the order of things. This means that the NOMAD must be involved in some sort of FRAUD in theory? On Solgold, one M & A chap said that the Nomad would be deemed to have checked Solgold's documentation. Helpful cals this Nelsonian theory. Can all this be real or are we, shareholders living in an ALTERNATIVE WORLD of ordinary laymen making up the rules contrary to the rule book of the FCA, London Stock Exchange etc? I have answered extensively and this is in line with the rules. Helpful will know the rules as well. That is why, it is always good to have some peers around. So, I can only conclude that after a few short months here on this forum, there is almost a desperation to counter RRR and keep success skewed to something is wrong? I am very sure ALL IS IN ORDER and the $430m is correct and that if ever needed to, the LEGAL COUNSEL RRR consulted will have paperwork as norm to show. I always take paperwork. In the real world of Twitter, A.Bell Chairman asked: "So, what are your PROOFS of intellectual superiority. PLEASE PROVIDE." See I mentioned proof? Apparently, on Twitter, folks understand proof and one showed a screenshot of data in reply to A.Bell. So, here, posts like 20% loss in buying and selling today tells one it cant be correct given LIVE PRICE is never 20% difference. £20 I quoted is 4.5% which is more like it. So, those reading will see that NEW BALLARAT GOLD was bought for £1.5m from PoW but on an old valuation, the 100% if IPO'ed is £13.5m without the Sunday Creek news and extension to Sunday Creek. I got taken aback that it was so bad yesterday that in replying to placing or something like that elicited something rather more serious than norm? What sort of world are we living in? My parent always gave right of reply with proof? Here, the rule is he must be obeyed and do not ever expressed data. Even A.Bell wants PROOF and that is norm as he trained in law.
Started: news, Today 09:25
Last post: news, Today 17:01
There you are, London South East showing LIVE PRICE BOUGHT was 0.044p at 4:28pm and LIVE SOLD price was 0.0424p at 4:29pm. So, example of buying 1,000,000 RRR shares would be £440. To sell, 1,000,000 would be 0.0420p which would be £420. So, difference is £20 between buying and selling immediately is NOT 20% difference surely?
Live prices which I tested right up to the last min of closing time was NEVER , EVER 0.05p. 0.05p was the PRICE OF THE SPREAD for buying. In fact, the spread for sell was 0.04p but it was higher than that. IN FACT, THE SPREAD WAS TIGHT.
I will wait a few more minutes and one can CHECK from the page above and see LIVE SELLING AND BUYING and that will be the DEFINITIVE PROOF that it was not as you say, Theeeeduke of BUYING IS 0.05P AND THEREFORE 20% DOWN IF BOUGHT TODAY. Please check given you are NOT a shareholder and therefore you are not checking live price but rather taking SPREAD to be LIVE prices.? 19.6.24
Theeeeduke
DOWN BY 20% - new investors who bought today? How? I was testing LIVE PRICES right up to the last second of closing time. Since you are NOT a shareholder, you did not tell but possibly assumed that SPREAD is actually LIVE PRICES? Ah, I note the QUALIFICATION you used ie "MOST". If you look at RRR website, there is a vast array of brokers who did the notes. I am having eye strain and therefore, I have not been able to CHECK through all or the financials or interview relating to the A$20m I was looking for. IT IS MY VIEW, that paid or not, the brokers have qualified and LICENCED staff doing the valuation. It is also presumed that they are QUALIFIED and experienced and I say presume is because the unqualified are not allowed to do valuations. As for the other comment about 1.8p kinda of thing, I and Helpful MENTIONED specifically the VALUATION OF THE NEW BALLARAT GOLD CORP if it were to IPO based only BEMCHMARKS of that sector. It is also my view, that there is a PRESUMPTION that the VALUATION done even IF paid is to be done in a professional way ie accessed a/c to known methodology. Yes, No. IF YOU ARE A MERCHANT BANKER OR INVESTMENT BANKER, I DO NOT NEED TO TELL YOU THAT ALL BROKER FIRMS LICENCED are deemed to be professional in their cals and they followed known methodology ie PEER valuation benchmarks, value in the ground, M & A prices or NPV. There is not much room for any wild cals and hence, the VARIANCE is not in any way off 1 firm vs another firm. All commonly known. ALL known.
Apologies - Should have said anyone who bought at 0.05 today would be almost 20% down if they were to sell !
News, you do know most broker notes are paid for yeah ??
What’s frightening is, anyone who bought RRR shares today are almost 20% down already if they were to sell !
Not heard of the Association of Chartered Accountants. Where are they based?
I would like to add a further comment:
If anyone says they are a Chartered Accountant, they have to be a member of the Association of Chartered Accountants. As such, it is would NOT be in the keeping of that membership, if one posts on a public open forum and informs an enquirer akin to for the few by the few kinda of thing. Why? One knows FULL WELL, Company Law Lesson 1 about minority shareholders rights which I quote from counsel. 2ndly, the NOMAD is LICENCED by the FCA and therefore, they are bound by Co Law etc inc LSE rules, AIM Handbook and now MAR. Therefore, that is the function of the NOMAD. If , as Sir objects as a non-shareholder of RRR as to the work and remit of the Nomad, one can take it up IF one has the proof. Otherwise, why not RINGS COMPLIANCE DEPT OF KPMG where Sir works as a Chartered Accountant. That way, other posters will know all is in order and in compliance with the regulatory framework. Yes? No?
I already stated that was my observation of the new rules @MAR with other co's as well.
101 theory states where an asset is of substantial or substantive, it then increases EV.?
Our export talks !
The ease with which POW let RRR, purchase this magnificent asset says a lot. PoW recovered in full their 500k investment and arguably made a 750k profit on the sale. POW also have a free carry should anything good come of developments.
RRR meanwhile piled up the debt and equity and produced yet another cash hungry project just at the time it's short of cash.
Most on here would prefer POW to be buying !!
In addition zero transparency on :
- what major shareholders get for funding this.
- what Sam gets for funding FASO.
CH shows New Ballarat Gold accounts as being significantly overdue [3 months] and last published accounts are Sept 22.
The absence of more up to date accounts precludes RRR shareholders from making an informed judgement on the deal. Absolutely RRR all over.
I like the DL style. He got FLOODLIGHTS on, Geo JV partner , Geo team , live video at the trenches.
He can move fast with the Geo work.
One of the co's that DL founded are now posting in consternation as to why there is NO more movement in the stock. Even posting has gone to almost nil. Well, I dont have the heart to tell them that shares need eye balls as DL tweeted about RRR Kilmore. Same discussion on SXG, ASX last night as to WHY is SML with a NZ project is valued with a lower mkt cap and Sunday Creek a higher mkt cap? Well, they concluded that SXG has a HIGHER PROFILE in the market due to the CEO. So much so, institutions have bought in and is less volatile than many of the pi owned stocks. Also, GLOBAL INVESTORS are interested , hence why DUAL LISTING. RRR is going to be riding on the piggy back of SXG but will still need more high profile exposure, hence the Chairman /CEO will be of importance [An Aussie running the co]. Just as ASFOORA is now high profile - even what the horse is doing this morning is of interest ie getting cards, walking his morning walk etc. Even the trainer is now high profile with HRH King Charles III having spoken to this AUSSIE TRAINER from BALLARAT. BALLARAT name is in lights now world wide. That is coverage. So, isnt Providence wonderful as who could have imagined something like this for RRR ie getting the only LICENCE next door to Sunday Creek @SXG, not hundred of miles away but only 14 mins away. Why didnt SXG get the Kilmore -Kilmore West licence as well, ah I dont know. Let's say RRR fell into it.?
On another little run up. Maybe $2,350
SXG , ASX listed ROSE 10.4% last night.
SXG is Sunday Creek's RRR's neighbour, 14 mins or 5 miles away at KILMORE-Kilmore West.
This is to add to the headlines "Australia's Asfoora conquers Ascot" which was all over Twitter last night.
So, today, RRR is awaiting the RNS relating to this co's acquisition of 100% Kilmore -Kilmore West.
All things Australian today. Wed, 19.6.24.
Is the warrant exercise price stated incorrectly in the RNS as I thought it was 0.25p?
Agreed Zumore - The £250k CLN is not at 0.15 which it could be interpreted by the RNS if you read it quickly. But many think RRR are running on fumes right now and in need of a placing soon, if this is correct and RRR do a placing now of £200k, then POW can convert the CLN at the same price ! A few ifs and buts in that but looks highly likely it will end up the case to me - As we know I don’t know a lot mind
Correction to my last post:
"When the Red Rock's RNS arrives i will guess that the above 166,666,667 ordinary shares will be be for around £83,000 and POW will get 0.05p shares. "
From POW RNS:
"Accordingly, the Company has been issued 166,666,667 new ordinary shares in Red Rock Resources plc ("RRR"), and now owns 3.87 per cent. of RRR."
Like i posted last week i don't believe for a moment that the above 166,666,667 ordinary shares (as stated in original March RNS's) will be for £250,000 and POW will accept it in 0.15p RRR shares. When the Red Rock's RNS arrives i will guess that the above 166,666,667 ordinary shares will be be for around £83,000 and POW will get 0.5p shares.
Of course on the above prediction i might be completely wrong. 🥴
....
Also from POW RNS:
(2) The Company has also been issued with a £250,000 convertible loan note and 100,000,000 warrants exercisable into RRR ordinary shares, for three years at a price of 0.15 pence per share."
..........................
Originally POW were going to be given warrants at 0.25p but now that has come down to 0.15p. So again that raises my suspicions that the above 166,666,667 paid to POW will not be £250,000 at 0.15p Red Rock shares.
I guess we'll soon find out. 🤔
NBGC ( RRAL ). - The Consideration
The Consideration of up to £1,500,000 is payable as follows:
- Upon Completion, £250,000 in convertible loan notes ("CLNs") with a conversion price
equal to the price of any placement of new ordinary shares of RRR raising proceeds of
over £200,000.
Should conversion not be undertaken within 6 months of the HoT date,
the CLNs of £250,000 are repayable immediately as cash.
- Upon RRR shareholder approval for this item within the Consideration, £250,000
payable through the issue of 166,666,667 RRR new ordinary shares ("RRR Shares")
at a price of 0.15 pence per Share (or by cash at RRR's election) and 166,666,667
warrants to subscribe for RRR Shares each exercisable into one new RRR Share at a
price of 0.25p and exercisable during a period expiring 3 years after the date of their issue.
- £250,000 payable in cash two months after Completion.
- £250,000 payable in cash nine months after Completion or, at RRR's election,
through the issue of RRR Shares equal to the value of £250,000, the price of which
to be calculated by reference to the last 10 trading days' volume-weighted average
price ("VWAP") immediately prior to the date nine months after Completion, provided
that if RRR Shares are issued then accompanying warrants with a three year life to
expiry and each converting into one RRR Share at a 50% premium to the price of issue
of the RRR Shares will also be issued on the basis of one warrant for every two RRR
Shares issued.
- £250,000 payable on an announcement by RRR via a regulatory news service, or a
declaration by a Qualified or Competent person (as those terms are defined in the AIM
Note for Mining Companies), of a 20,000 oz gold or gold equivalent JORC Resource
according to the JORC 2012 Code (or any applicable similar standard or replacement
JORC standard) from within the boundaries of the current licence area.
The £250,000 is payable in cash or at RRR's election, through the issue of RRR shares to the value
of £250,000, calculated by reference to the last 10 trading days' VWAP immediately
prior to the trigger for this payment, provided that if RRR Shares are issued then
accompanying warrants with a three year life to expiry and each converting into one
RRR Share at a 50% premium to the price of issue of the RRR Shares will also be
issued on the basis of one warrant for every two RRR Shares issued.
- £250,000 payable on an announcement by RRR via a regulatory news service, or a
declaration by a Qualified or Competent person (as those terms are defined in the AIM
Note for Mining Companies), of a 200,000 oz gold or gold equivalent JORC Resource
according to the JORC 2012 Code (or any applicable similar standard or replacement
JORC standard) from within the boundaries of the current licence area.
The £250,000 is payable in cash or at RRR's election, through the issue of RRR shares to the value of
£250,000, calculated by reference to the last 10
Started: news, 18 Jun 2024 12:16
Last post: Banburyboy, Today 06:32
"Lord save us from the experts who read nothing and understand less".
Only problem Helpful is the SP indicates the only individual to get this wrong consistently for five years is you. Maidit and News are very recent posters who pre date you.
That makes you a supposed expert with a very poor track record.
Helpful 211 views on that video update from RRR on Burkina Faso after a month. IMO mostly if not all existing RRR shareholders
When RRR does a video update on RRAL and Sunday Creek it will be over 400 in a week mostly from non RRR shareholders
I ignore anyone that uses words like "garbage", "tosh" etc.
Helpful & Nike1980 et all, I have just watched the Group 1: Royal Ascot Charles III stake won by Asfoora, an Australian horse shipped in by the Australian trainer, Henry Dwyer from BALLARAT, VICTORIA, Australia. This is the star horse and trainer of Ascot 2023 UK of which HRH King Charles III attended and gave the prize away. I hope A.Bell watched as as Twitter stated : GLOBAL ATTENTION on the Australia horse, Asfoora & the Australian trainer. Isnt it a co-incidence that RRR's NEW BALLARAT GOLD CORPORATION is also in the heart of BALLARAT. Ballarat is not far from Melbourne, Australia.
Well, I think it is very encouraging that BALLARAT is coming to world attention today ie global. So, as one waits for the RRR RNS [and from PoW] relating to the deal re: Sale of NBGC to RRR who will now own 100%. Very auspicious. News, Tues, 18 June 2024. I have not addressed the rest as no one turned up today on this forum except Helpful & Nike1980.
"which has absorbed the greater part of our project development expenditure in the period. We have yet to conclude sales, as we believe we will gain more by holding our current stockpile in Beira and Harare as prices recover post the Chinese New Year, and only then will we recommence active operations and export."
https://www.lse.co.uk/rns/RRR/half-year-report-pcdycyx1jfob8ap.html
If Zim is not on hold how could RRR recommence active operations?
Lord save us from these experts who read nothing and understand less.
DYOR
Ooh! Let's have a little rant and ignore all the RNSs and interviews. Door handle. From 7.16 https://youtu.be/OpFWiK2pviw?si=egD5ePRARRl8zvos
DYOR
Started: news, Today 00:25
Last post: news, Today 00:25
In Australia, RRR's neighbour, Southern Cross Gold, ASX Mkt Cap: >A$412m , their investors are now talking about Santana Minerals [SMI] with a market cap of A$276m in the broker note [currently A$217m].The resources is in New Zealand. Shockingly, the gold deposit is 1.6moz gold. Refer to the BLUE OCEAN broker note of 3 Apr 2024 & 7 Mar 2024 ["Preliminary Economics]. Within the two broker reports, they show the drill core of which is "coa#rse gold. https://www.santanaminerals.com/equity-research
Comment:
The usual methodology is to compare a similar potential deposit in a Tier 1 jurisdiction. SXG has an exploration target of 1.6moz gold equivalent [inc antimony]. SHOCKING as to how a 1.6moz gold is valued with such a high market cap and therefore, it has always been said, mkt cap in Oz is higher. I read about Santana Minerals on the Oz forum & just checked the preliminary. Both these projects especially SXG is not even finished drilling yet so NO JORC [maiden resource statement]. I looked at the Santana Minerals forward P & L [Profit and Loss] and saw that even in the year 2027, IT IS STILL GOING TO BE MAKING A LOSS. Why? Of course, as long as it is an exploration co, it will need FUNDING. That is a standard state of play for ALL EXPLORATION co's. LOOKING FORWARD TO NEWS ON RRR 100% DEAL with POW. The news on Asfoora is all over Twitter so, BALLARAT and Australia are having their day in the sun. The trainer Dwyer said their stables in Ballarat , Victoria , Australia are state of art. If one looks at the Charles III stakes, how Asfoora won over all the European horses is something everyone is discussing. Knowing the Aussies, they have a positive and can do attitude and this is something I like, rather than the defeatist , hard done mindset. Dwyer said his wife is Irish. After all, many Aussies are Brits anyway.
Started: specinvestor99, 18 Jun 2024 16:15
Last post: specinvestor99, 18 Jun 2024 17:52
Targo the same RNS said early July. (subject to the usual delays) If gold production happens then this is a game changer for RRR
or is this just another in long list of failures
Bloody ages then.
Targo
RRR's RNS stated equipment for Burkina Faso was coming from Europe. AB posted a picture of him driving to Yorkshire to look at the trucks before they were shipped
Do we know the ship carrying the equipment from SA?
RRR RNS of June 12th stated completed would be within 5 days of June 11th. If RRR meant 5 business days that would mean the 17th (maybe the 18th) Of course they could be delays but certainly news should be this week.
Exiciting times with RRAL and Burkina Faso activity and the ever unknown DRC
I am still hopeful the blind squirrel finds something
Started: Banburyboy, 18 Jun 2024 17:40
Last post: Banburyboy, 18 Jun 2024 17:40
The company had 82k at 31st December and spends 250k a month. One fund raise in April 240k net of expenses. Debt must have risen by £1.3m.
Be good to have some transparency on the
"arrangements" for FASO and what major PIs get for POW.
Informed judgements really difficult as so little detail on what the company is giving away is available.
Last post: specinvestor99, 18 Jun 2024 14:52
Theeduke-- You could be right but IMO I dont think too many people would be motivated by AB posting of a photo. AB/RRR does not have a positive track record regarding photo's
future placing- IMO the price of any placing is not relevant for AB/RRR. IMO they take money at whatever price they can get. What alternatives do they have? DRC cash-on going pattern of waiting, listing of RRAL-this time could be different with 100% ownership and Sunday Creek
IMO it appears RRR./AB have rolled the dice on Burkina Faso and think it will produce positive cash flow. AB traveled to the country and yet no detailed news.
Look for multiple interviews to explain recent developments
The only person mentioning Auto Trader is you. Maybe there is another explanation that is beyond your wit and understanding?
Helpful, not sure anyone trying to destroy the company, I certainly ain’t ! I think many of the negative posters on here only post on here to counter the super bullish, outrageous jam tomorrow posts that certain people post on here. If RRR actually got the DRC money, if RRR actually gets BF into production and started making a profit I would be delighted for most share holders, especially Robins and Spec. The fact of the matter is that the negative posters have been correct for the past 10 years when they have stated things like discounted placing likely, no lithium sales, no DRC money, no gold production. Yes OK some of these things might have been down to bad luck and out of RRR’s control, but facing the matter is the negative posters have been correct. If people have had based their decision on whether they should invest in RRR based on your posts or the negative posters post, even tho they shouldn’t do either, they would be much better off now listening to the negative posts. Sounds as if your starting to panic by all this legal stuff threatening people - Why panic if your so confident BF is going to make RRR millions and the POW deal is so good for RRR. Comparing the negative posts to what Gary carp was doing is different Gravy. He was another level and was more a personal attack on Andrew Bell, claiming Andrew Bell was involved in the IPCM debacle I think. Anyways I think the next few weeks are pivotal for RRR, if they get BF up and running then hats off to them, if another discounted placing comes then you should hang your hat up and apologise for being wrong. Have a good day sir and believe in your investment and your research 👍
What utter tosh. So now we are to believe that Bell's scouring Auto Trader and driving up and down the M1 getting vehicles to ship out. People are actually buying this garbage?! Give your heads a wobble.
If anyone is guilty of attempting to manipulate the market it's got to be Helpful, nigh on 5 years of pumping this dog, claiming riches are round the corner every month and we've achieved zip. Claiming gold would be ¥3000 trying to lure in mug punters, I think if anyone should be worried about getting their collat felt it's our resident ramper.
Over 95% down in that time too, very telling.
RichyRich-trucks Please remember that RRR's JV partner has the obligation to provide the plant, equipment including trucks, So if this means the trucks are in the UK (or elsewhere) then that is where AB has to travel if he wants to inspect them prior to transport.
It does look like we are about to move up. The offer has gradually been creeping up on IG.
Remember how the trolls on here were telling us that ALR had it all wrong and that Prem had it all right?
https://www.lse.co.uk/rns/PREM/zulu-project-update-nd5maze2halpj0e.html
Looks like they are prepping the market, again.
The current MC currently £34m down from over £120m, even after all the share issuance in the last 12 months. Down from 1p to 0.11p and still no producing plant or at least producing at anywhere near the specs. So far GR and Prem have spent £75m on the plant. Perhaps the trolls who are very concerned about looking after ingenue investors should split their time between here and elsewhere?
Meanwhile, RRR has put ALR on hold whilst sorting out Bilbale/BF and RRAL. This is one of the advantages of having multiple licences and assets: it might look like a bit of a mess at times but it gives optionality and flexibility.
DYOR
Ha, Doggie wants a discussion... that will be a first.
The answer to your repetitive post is that Placing or Placement has a particular meaning. Issuing a CLN is not a placement, issuing shares in settlement of a liability is not a placement, issuing shares in respect of a CLN conversion is not a placement, issuing shares in respect of D&O share scheme is not a placement, issuing shares in respect of a warrant exercise is not a placement, issuing shares in respect of a JV agreement is not a placement, issuing shares for the acquisition of an asset is not a placement.
For a share issue to be a placement there needs to what is called a "Placing Agreement"..
DYOR
AimDogs
Your posts on PLACINGS has RECEIVED NO RECOMMENDATIONS ie not 1.
Theeeeduke - His recommendation has now dropped from 12 to 4, so support is dropping on name calling ie "garbage."
Tues, 18 June 2024. I will be off shortly for lunch so if there is NO MORE POSTS, then it means MEETING CONCLUDED THAT IS TRANSPARENT & OPEN for ALL SHAREHOLDERS of RRR to view.
AimDogs
What is "no comeback"? Be clear given the SILENT minority are listening to you.
I am listening as well as all the other SILENT SHAREHOLDERS of this co @RRR. Tues, 18.6.24
This convo can go on so kindly air your "no comeback" comment as your are NOW SPEAKING to ALL SHAREHOLDERS OF RRR on this forum and is ON-TOPIC.
Difficult to discuss for you news as you have no comeback.
AimDogs
I will NOT be entering into any discussion. LOOK AT THE RRR FINANCIAL YEAR AND SEE 1ST OF ALL, what is the yearly expenditure of RRR. Then, you will be able to ascertain the FINAL TOTAL for running of this co. Since you are NOT invested and some of us are, that is obviously NOT your concern is it?
Started: news, 18 Jun 2024 10:37
Last post: news, 18 Jun 2024 11:43
Theeeeduke
You mentioned my post was "garbage." Enough said. That will be your right of reply to us shareholders of RRR.
News, as in fairness when people ask you to reply you always do so, will return the ask. How I am suppossed to reply to that garbage you have written I don’t know ! I think it Nomad find it pretty easy to find out who I am, never hidden that fact and I’m pretty sure Andrew Bell could point him in the right direction or give who ever my contact details, he has them 😉😘
---------------------------Shareholders of RRR as of Tues, 18 June 2024------------------------
From the post today from Theeeeduke, I await a reply as in this country, the right of reply is a must given right.
From there, I will take the next correct procedure to CONTACT the NOMAD of RRR who is authorised by the London Stock Exchange in all matters to do with Red Rock Resources , their client and the RRR RNS's. Nomads derive their authority from the FCA and by implication the London Stock Exchange. I could be NO fairer than that. I will quote your post of this morning and raise your grievance if that is what it appears to be.? News, Tues, 18 June 2024.
I am sure you and all the others must be aware that matters have now come to a head and therefore, an impartial party must now be sought @RRR Nomad and everything to be made OPEN AND TRANSPARENT with NO PERSONAL communique between us as norm.
-----------------SHAREHOLDERS OF RRR AS OF TUES, 18 JUNE 2024:------------------
Our RRR shareholding of this co does not appear predicated upon the last 10 years. I came into this stock very recently upon the release of the Red Rock Resources [RRR] RNS on DRC Arbitration Award so I have no knowledge of the past 10 years. It is THE HERE AND NOW. Should you wish, Theeeeduke etc, your legal counsel can contact this site's owner, London South East and they can release the name of any poster here but as norm communication must come from legal counsel. That may or may not be the opening gambit to further dissecting of the matters you raise of this co, in which we have invested in. This may also include the Red Rock Resources stock forum in which I have NOT POSTED on for yonks but reference is made to this forum and names named. This is the correct procedure in "grievance" resolution and it is fair to you and the 12 others potentially to air in an impartial setting to which all these matters can be settled? A lot of posts have been flying so much so, this forum and other is filled with more posts than trades in RRR. AFTER ALL, ONE MUST SATISFY the majority vs the minority shareholders here. That is to your advantage to be heard since it is from only 1 direction.? News, 18 June 2024.
Last point:
The RRR stocks in deficit will also have to be DECLARED as this is also needed to know as norm.
Started: RichyRich1, 18 Jun 2024 07:39
Last post: RichyRich1, 18 Jun 2024 07:39
So has the agreement been completed? I make it 7 days and counting unless it was 5 working days and if that was the case why didn’t they say that!!??
“Completion will now occur within five days of 11th June 2024 by:
1) The vendor delivering its shares in the holding company for the Australian assets with a signed transfer;
2) Red Rock delivering the convertible loan notes to the vendor; and
3) The Company delivering 166,666,667 new shares in Red Rock and accompanying warrants exercisable at 0.25p per share in Red Rock to the vendor.”
Started: AimDogs, 17 Jun 2024 12:59
Last post: AimDogs, 17 Jun 2024 20:09
So anyway helpful, do you, in your opinion, still think there will not be a placing?
Https://www.clarkewillmott.com/legal-services/commercial-litigation-disputes/defamation/#:~:text=Defamation%20is%20any%20spoken%20or,spoken%20defamation%20as%20%27slander%27.
Https://en.wikipedia.org/wiki/Tortious_interference
FYI
Seeking to destroy a company's reputation so as to limit it's access to capital would be a tort.
DYOR
Doggie, people like you simply don't understand English. You also don't understand MAR and Inside Information.
ha ha, you always know when helpful is rattled as he goes off half ****ed, prattling on with veiled threats about market abuse, tortious interference, criminal market, attempting to create a false market, carp prosecution, blah, blah. read and digest what was actually asked. you were not asked for inside information, just if your 'opinion' was still, as you stated last week, that you didn't think there was going to be another placing. talk about drama queen. 👸
Started: news, 17 Jun 2024 19:12
Last post: news, 17 Jun 2024 19:12
I have seen many AIM junior miners disappear and I decided to check. Even on checking the list, I see it has not been updated to the very latest. Link: https://aim-watch.com/sectors/mining/
RED ROCK RESOURCES
It is Providential that Red Rock Resources is one of the few now left on the AIM. The sector has begun to turn due to the prices of GOLD , copper , silver up inc other commodities. As such, as a survivor of the bear years in commodity wherein many juniors lost 95% more or less. Another AIM explorer has PIVOTED to Australia and this is the desired Tier 1 destination of which RRR has found SUNDAY CREEK GOLD LTD. I have posted on Twitter about Fosterville and that Agnico Eagle having bought this gold mine is unsure to get bigger in Australia or remain small. Agnico Eagle is a $40bn mkt cap co last I checked. It was interesting that the history of Agnico Eagle started from a very small mkt cap. To grow bigger in Australia would mean feeding Fosterville with more ore I would guess. So, that is when both SXG's Sunday Creek and RRR come in ,given all , inc Fosterville are NOT CLOSELOGY as some would put it [in geology it is called nearology, but RATHER RE-DISCOVERY of the very SAME VICTORIAN GOLD MINES there. RRR NEW GEO MAP just commissioned does show the DYKES [same] as at Sunday Creek and as DL said the boys are at the BOUNDARY. LoL Stephen has sent DL's tweet to SXG on Twitter!!! RRR has tweeted DL's tweet and therefore hoping to hear the RESULT of the boys per DL.
Many would like to see this co vanish but I hope that with the assets like Mt Ida, El Limon royalties , the gold assets will bear fruition especially what Jan Nieu... has tweeted and which is now known. I HAVE TRIED TO LOOK AT THE ABOVE AIM LIST to find a GOLD JUNIOR WITH THE MOST GOLD ASSET VS the mkt cap. Not editing as having tea.
Does anyone know how long AB stayed in BF for ? I thought he was staying there for a while to arrange things so as to ensure everything went to plan.
Https://x.com/ABell2019/status/1802633448730821028?t=30xaUUbu2J7Ph3mheBKeMg&s=19
No this is not the wash plant and concentrators, they are going from SA. Scotland is not in SA for the intellectually challenged.
No, we don't need these days one. The illegals have stockpiled a lot of material for processing. These are needed for the follow on excavating etc.
DYOR
Started: Helpful, 17 Jun 2024 07:23
Last post: NikeAir180, 17 Jun 2024 11:16
Not heartbreaking at all Banbury, not even got the hump...
Positives may want the stoicism of a camel, the strength of a bear and the focus of a bull but we can't have it all. Then again without being cold, it is easy to be cool.
Bed and ISA, genius.
Dogs , we ain't seen the lithium link for a few days .. price of gold anyone ? placee's now 20% down
Goodness man are you a sociopath
You talk down every effort every bit of progress and then post your fake sympathy
This is ppl's money money is life
Get a better job
More links needed! 🤡
Started: Banburyboy, 16 Jun 2024 21:05
Last post: NikeAir180, 17 Jun 2024 00:50
Had a quick read around Banbury, and it is good to see that Burkina Faso, Mali and Niger all have some investment and industry going on - often involving mining - nothing wrong with that if done responsibly. Because of the near surface / at surface opportunities - certainly with the first country, there can potentially be a realisation of quick casflow - that is useful to the country, its' government and the companies that operate through the commercial deals that can still be achieved.
When I read an article like that, I look around for evidence of what can still be achieved and while wariness is without doubt prudent, we have to sometimes decide whether to hide under a rock or chip at that rock to see if it contains stuff that might help oneself and others. Sometimes lifting a little sand might help people who share the land.
Had a quick read around Banbury, and it is good to see that Burkina Faso, Mali and Niger all have some investment and industry going on - often involving mining - nothing wrong with that if done responsibly. Because of the near surface / at surface opportunities - certainly with the first country, there can potentially be a realisation of quick casflow - that is useful to the country, its' government and the companies that operate through the commercial deals that can still be achieved.
When I read an article like that, I look around for evidence of what can still be achieved and while wariness is without doubt prudent, we have to donetimes decide whether to hide under a rock or chip at that rock fo see if it containd stuff that might help oneself and others. Sometimes lifting a little sand might help people who share the land.
Started: news, 16 Jun 2024 15:19
Last post: news, 16 Jun 2024 15:39
Contd
Kilmore & Kilmore West could potentially FILL the exploration target to near Fosterville's? Helpful's post below talks of DYKES and both SXG's Sunday Creek & 100% RRR Kilmore & Kilmore West has DYKES [marked in purple on Geo map].
SHOCKER: RRR's Kilmore has a OFF-SET swarm dyke interpretation as well so 2 SWARMS, not 1 like SXG Sunday Creek.!!!
FOSTERVILLE -SUNDAY CREEK - RRR KILMORE & KILMORE WEST [100%]:
Fosterville started in 1894 approx from recall and the initial shallow grades were not that great @1g/t and 3-4g/t from recall. It was only when they discovered the DEEPER deposit at Fosterville or nearby, that they HIT HIGH GRADE and therefore mining was underground. So, FOSTERVILLE HAD A RE-DISCOVERY OF HIGH GRADE DEEPER. SXG's RISING SUN AND APOLLO were also Victorian mines and again SXG DRILLED DEEPER and all their presentations said "R E - DISCOVERY" of Sunday Creek. RRR 100 Kilmore and Kilmore West : OPPOSITE SUNDAY CREEK @SXG, THERE WAS A KILMORE MINE l i n e a r at Kilmore and Donnybrook gold fields at Kilmore West. So, again , potentially perhaps the same exploration vision as the other two.
DL:
He tweeted and said :"I am sure the lads in Victoria are BUSY ---==ON THE BOUNDARY CLOSE TO SUNDAY CREEK doing their GEO thing."- June 15,2024 tweet. In this tweet, the data of Fosterville, Sunday Creek & RRR Kilmore/Kilmore West is given [open the tweet]. https://twitter.com/DavidLenigas/status/1801966135161528639
RRR RE-TWEETED THE DL RELEASED NEW GEO MAP:
https://twitter.com/DavidLenigas/status/1801101875011264659 dated 13 June 2024. DL was asked by someone on Twitter for the Geo map.
CONCLUSION:
How can SXG's Sunday Creek have ALL THE DEPOSITS? After all, KILMORE-KILMORE WEST WAS THE 1ST GOLD TOWN and only when it ran out, they discovered and went to SUNDAY CREEK, 14 mins away or 5miles. Yes, there is a boundary but geology has dykes, swarms and CORRIDOR trends of mineralisation as nature distributed the gold and antimony. As Dr Nick Cook stated in the presentation, the CORRIDOR goes from Sunday Creek to KILMORE WEST , up back to Kilmore, Sunday Creek and then on to COSTERFIELD & FOSTERVILLE. So, it would now seem that DONNYBROOK GOLD FIELDS @KILMORE WEST was or appears to be the STARTING SUNDAY CREEK TREND, hence the Victorian mining, then Kilmore Mine at Kilmore, then to SUNDAY CREEK ==========AND THEN NORTH WEST TO COSTERFIELD GOLD MINE & FOSTERVILLE GOLD MINE.
Ah, now it is in RRR 100% ownership. It is in the Geo map that DL showed. Hence, why the RRR Geo 's are at the BOUNDARY as DL said doing their Geo thing. DYOR, NIA. It is all there in the two links I gave via 1 Geo Map and historical data.
On Wed, 12 June 2024, RRR met the deadline of the deal in which POW will see 49.9% of New Ballarat Gold Corp to RRR.
RRR had 50.1% so they are the operator. RRR also mentioned that they are now again in discussions with a 3rd party in relation to potentially list at another venue kinda of thing. Further , TECHNICAL work commissioned etc will also be released in due course. [Please check above this page for the detailed RNS verbatim]. RRR new name for the potential IPO is "SUNDAY CREEK GOLD.". One would guess the potential IPO is at the ASX given both PoW and RRR agreed to extend the deal AFTER THE ASX OPENED on Mon, after their holiday.
WHAT IS NEW?
Southern Cross Gold, ASX who own Sunday Creek gold project REVEALED that the SUNDAY CREEK TREND is = moving W E S T == Moving West is to ===RRR 100% KILMORE & KILMORE WEST. RRR had commissioned a NE43-101 and a Teck Geo Report [Pow did 1 of their own as well on West Kilmore DONNYBROOK GOLD field @120g/t gold to determine IF the Sunday Creek Trend E X T E N D E D into Kilmore-Kilmore West. Per Paul Johnson, 1st PASS historical stated YES due to the DONNYBROOK gold mine @120g/t gold. RRR's Teck Geo Report, pg 1 showed the Sunday Creek trend DID EXTEND into Kilmore.
NEW GEO MAP - DL RELEASED UPON REQUEST [RE-TWEETED BY RRR]:
This is the new Geo Map to see: [1] D Y K E S donated by purple ticks [2] DYKE SWARMS INTERPRETATION in grey. [3] The Dyke Swam interpretation LOOKS LIKE A CURVED 1/2 LOOP from SXG Sunday Creek into RRR 100% KILMORE-KILMORE WEST. [4] With the eye, ==IT LOOKS LIKE THE DYKE SWARM INT IS AS LARGE @RRR 100 VS SXG SUNDAY CREEK!!! [5] One can see at SXG Sunday Creek, it is CONCENTRATED at RISING SUN, higher grade [Going West to RRR Kilmore] & APOLLO [lower grade]. [6] In the new Geo RRR map, it shows DONNYBROOK AVERAGE GRADE 142 g/t gold. BIG==DIFFERENCE between 120g/t gold via Paul's historic data and the new AVERAGE 142g/t gold. Fosterville's average grade is 31g/t gold@2.72moz gold [Fosterville mine]. Sunday Creek historical grade 33 g/t au gold.!! The current SXG Sunday Creek average grade is not yet known until drilling ends to obtain grade from composite drilling grades.
CONCLUSION: I read 1 comment from an Aussie in that they reckon that SXG'S MKT CAP OF OVER A$500M HAS NOW TAKEN IN the 2 deposits and there is NOTHING ELSE ie main 2 deposits. HOW CAN THERE BE LOOKING AT THE MAP AND WHAT THE CEO OF SXG IN RECENT TIMES SAID: SUNDAY CREEK TREND ========***MOVING WEST****===, SO YAH, HE CANT PRODUCE ANY FURTHER RISING SUN'S LoL. This was what DL / A.Bell realised in recent times and hence why the RRR Geo's were asked to do further tech work and DL SHOWED THE NEW GEO MAP above.
SXG SUNDAY CREEK: EXPLORATION TARGET: 1.6MOZ gold inc equivalent @antimony.
This is the pickle. Sunday Creek @SXG is NOT AS BIG AS FOSTERVILLE @2.72MOZ at 31 g/t gold.!!! So, the Aussie reckons that their project at Sunday Creek@SXG cant grow any further ? Well, RRR KI
Started: news, 16 Jun 2024 11:13
Last post: NikeAir180, 16 Jun 2024 14:26
Correcting myself from 13:49, I was actually referring to the second link in Helpful's post from 11:32...
Bell has discussed RRAL... NBGC with the background of the interest that Fosterville generated, showing why the land area was interesting and this was before... the recent interest Sunday Creek is generating.
Cheers...
Just as a simple add on to what Helpful and News were discussing; the second link in Helpful's 13:32 post includes the Mawson CEO referring to Victoria ground as perhaps the hottest in the world. He says (am paraphrasing) the mineralogy from the Fosterville gold mine is rewriting the geological opportunity across the area.
Bell and Johnson did well by putting stakes into RRAL, as said previously, I've heard Bell discuss the opportunity with highlighting of Fosterville to show why the area was interesting even before the recent developments in Sunday Creek.
Have a good day : )
News,
https://www.southerncrossgold.com.au/projects/sunday-creek
"The Sunday Creek Project is a shallow orogenic (or epizonal) Fosterville-style deposit located approximately 60 km north of Melbourne"
https://mawsongold.com/news-releases/mawson-triples-landholding-at-sunday-creek-and-outlines-exploration-plans-for-its-victorian-goldfields-projects-in-australia/
"Mawson are sharply focused on the epizonal (or Fosterville) style."
"mineralization is hosted by breccia zones within, or proximal to dykes with mineralization continuing along structures that extend into the sedimentary country rock. The dykes form multiple undrilled parallel trends over more than 11 kilometres with historic epizonal gold-mines (Figure 2). At Golden Dyke, gold grades within quartz-stibnite veins ranged up to 120 g/t gold and 50% stibnite"
DYOR
Here is the video from Pierre Lassonde posted on the Southern Cross Gold Twitter a/c:
https://twitter.com/SouthernCrossG3/status/1780777792151626219 dated 18 Apr 2024.
"Pierre Lassonde talks SXG!!!.. people that I trust AND GEOLOGY THAT IS GIVING. I like the management, they really know what they are doing.""Watch from the 52:20 min mark." -Tweeted by Southern Cross.
The above is due to the comment on this forum about PoW selling their 49.9% share to RRR Australia.
"Following TECHNOLOGICAL developments in the 2000's, deposits such as FOSTERVILLE began once again mined, with underground operations as deep as 2016, EXPLORATION drilling at Fosterville led to the DISCOVERY of the PHENIX zone, where -------COar#se VISIBLE gold in QUARTZ carbonate VEINS were constantly intercepted. 15.1m@1,429 g/t au gold, 12.5m @500g/t au & 19m @112.g/t au. With the HIGH GRADE zone being defined, an upgraded mineral resource of an additional 66% was developed with further exploration upside still to go."
"This gives experienced geo's to undertake DETAILED desk-top studies, where the new F O S T E R VI L L E- LIKE exploration can be applied. Pg 3 , shows Kilmore & Kilmore West ." [Corridor to Fosterville].
First Equity Broker Note, 6 Aug 2020 https://www.rrrplc.com/wp-content/uploads/2020/08/RRR_Broker_Research_06.08.2020_Final.pdf
Comment: Given Southern Cross Gold 'S SUNDAY CREEK next door to RRR Kilmore & Kilmore West, 14 mins away or 5miles coming to attention, I posted Pierre Lassonde's interview wherein he stated: "SUNDAY CREEK: FOSTERVILLE-LOOK ALIKE." This interview can be found on Twitter @Southern Cross Gold [2nd from top] from recall. Reason for posting above? This is in response to comment as to why PoW sold Kilmore & Kilmore West to RRR of their 49.9% per the CEO of PoW. Sunday Creek , Kilmore/West, Costerfiled & Fosterville are of the DEVONIAN age [ref: latest Southern Cross Gold presentation] vs Orcadian age for Ballarat & Bendigo an earlier age.
RRR DRC: I posted last night on RRR.GB.PL the EXACT VERBATIM from Clear Capital Broker Note @RRR wherein the litigation matter was mentioned. The $430m was cited in this note. Also, that RRR had taken LEGAL ADVICE on potential litigation outside the DRC. I am today, looking slowly thru so many RRR broker notes to find that A$20m I recall reading. As to the above, in short; SUNDAY CREEK PER PIERRE LASSONDE, FOUNDER OF FRANCO NEVADA is a "FOSTERVILLE LOOK-ALIKE" so that is from a billionaire and he has participated in [his own personal capacity via his own co ] SXG's of Oz's rights issue of A$10m recently. To check, see the SXG Ann/RNS. Kindly check.
Started: AimDogs, 16 Jun 2024 10:45
Last post: AimDogs, 16 Jun 2024 10:45
For accountability purposes. Try it some time helpful.