The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Copper fell 3% yesterday :-)
'These goons do not seem to realise commodities run through a cycle. The most simplistic of all things that they need to come to terms with. Guess it shows their ignorance.' Guess that is pointed at the BoD then and failing to cut their cloth accordingly in the last downturn. Hats off to your honesty there Graphite. talking of which how is Red Rocks Graphite investment progressing. Big things promised there by the Emperor !! :-)
Graphite - so why no buying over the week here in numbers? Keep spinning but down again last week and the market can see what a pup this is. If this was such a bargain then why is there zero interest? Facts not fiction is always best, but maybe your alter ego will support you okay :-)
Maestro - ever get the feeling that you are singing to any empty room Down again today,but have a nice weekend Once Bell and ****z goes then this will re-rate. Leopard/spots comes to mind !
strange how the newbies get so irate when Magic states the facts Unfortunately they live of speculation and the market is wise to the antics of Bell If this was such a bargain then where are the floods of buys ???
no need for abuse although "bum chums" could be deemed as homophobic!!
graphite - IGNORE HISTORY AT YOU PERIL !
it would be classed as undervalued if people didnt already have a good idea as to what the money will be used for and that nothing will be returned to shareholders. You can have all of the income in the world, but without returns to shareholders then basically the share price is just puff !!
Hope, as in hoping the Russian gets his money released from his frozen Cypriot bank account to complete the Greenland purchase :) Could be worth picking some up at 0.8p for a bounce rather than on fundamentals. They dont have a place in any calcs here !
Maestro - why would you invest long term here if there wasnt the possibility of a regular dividend stream Thats what investors look for and so that would indicate that you are just a penny trader and here for the short term Observers of that will then, i guess come to the conclusion that your posts are just short term ramps and you'll be off as quickly as you appeared and so hold little meaningful substance.
yes ! Maestro - when will we receive the first RRR dividend with all of this money coming in so soon ?
Could one of the newbies or dyed in the wool rampers answwr what dividends the Co has paid to shareholders please over the last 10 years.? Having raised about �18m over the years through placings then i wonder where all the money has gone to and with the same man in charge? Looking forward one day to Tom Winnifriths memoirs being published and that may imho explain the 'love in' between him and AB. Seems a strange friendship and never a bad article published about RRR investments.
Guess what Magic posts (ie the truth) isd hard to knock down eh ! And so Kaba,helpful, city fan - you think how Bell has been, well lets say 'economic with the truth' is fine ? I think he was first sussed out at the lemon and not reporting that the crusher was broken and then after trumpeting that production figures would be every month, they suddenly stopped. it was only later in the year that it became apparent why and the derisory output. Greenland another fine example and Pot ash in the Sudan. If he was a man of real standing then he would have fallen on his sword ages ago rather than peddling half truths. A quick Google search of his father may give a lead as to why some people act as they do. Anyone else being so shambolic in their role would have been fired ages ago. "Honesty is the best policy".
Ah so you're a trader not an investor ! Based on that, sustainable dividend payments, somewhat underhand spinning of stories by the CEO mean didly squat to you, you make your beans through spikes. At least that clears things up. Guess to some moral fabric isnt part of their persona and so you should feel at home here if thats applicable to you. Part of the role of the CEO is to manage a Company in the best interests of shareholders. History clearly shows that this is not the case here and why people do highlight these issues as its still the same CEO still in power. Once Bell goes then yes this could easily trade on several multiples of where the price is now. "You can fool all the people some of the time, and some of the people all the time, but you cannot fool all the people all the time." - Abraham Lincoln
Helpful - do you think the Russian with the Cypriot bank account will be completing the purchase anytime soon? Still think Manioli's wedding was the best excuse so far though! At least the crusher seems to be working now at The Lemon after 7 years ! Also Helpful - out of the �15-�18m odd raised here over the years, what do you you personally think was the best dividend payment to RRR shareholders to date and when will the next one be due?
so no one has answered my simple question - where has the money from the previous JMS buy back gone? Wasnt it something like $750k ?
So what has happened to last years buy back money received by Dead Crock? "Working capital" anyone :-)
is the Greenland buyers money still tied up in his Cypriot bank account - that was the last news Bell gave out as to why the sale was going slowly :-)
"the DD has been completed and is satisfactory" Something that sadly lacks when you add "RRR" to that equation
"I don't normally come here but someone had drawn my attention to this post. It is a lie and a knowing invention and clearly the product of malice" and not like the Russian who was going to buy the Greenland asset, but had the funds held up in a Greek bank account Then the classic Manioli wedding ! No coal production in the USA, the Pot ash in Sudan, graphene exploits, el lemon sold but debts written off, cloud computing waffle. All at the expense of shareholders and the decimation of the share price by 99%. My god imagine if that was your dad.