Member Info for Banburyboy

Nine months of silence on Lithium was followed by full impairment in the accounts.

Three and a half months silence on FASO. A pretty reasonable guess nothing is happening.

Question is why ? If anything good they would be shouting it from the roof.

Mike's done his inspection and report. I wonder what he concluded ?

My guess is his report was precise and cautious !! Horribly difficult geo political environment, little or no infrastructure on the ground, RRR to poorly capitalised to make the necessary investment even for quick start let alone fully mechanised.

Ask yourself why the huge amount of silence !! From a CEO known for his hyperbole !!

Bell gives new meaning to Oscar Wilde I may be in the gutter but I'm looking up at the stars.

Lithium - we had all the bulls**t about Mining and Chinese buyers. When it failed rather than admit failure there was nonsense about buying someone else's Lithium. That went badly caught red handed with photos and zero export sales.

We have had three years of waiting for Arbitration.

They have been prematurely hyping the Big G. The last few months its been alternative prospects and housing $1billion all to little ole RRR. Now he's wheeling in even more money and a compensation fund.

All the time describing himself as cautious and precise.

No broadcast to the nation to hyperbole this weekend.

Another week awaits.

Orslega - there is no DRC compensation fund.

My belief . Bell getting carried away.

He is never cautious and precise as he claims. More hyperbolic and imprecise.

Time will tell. !!

Broadcast to the nation . Wowser. My views.

- Bell years of failure. He's being strung along.

-They will string him along and he will try to string us

- No chance of cash at best of times. DRC at war. Zero chance.

- Nomad had enough.

- His opportunity was 22nd Jan. He really beleived he had the right people in the room. Told us it was nailed on. That was before the war. No chance now.

- He's hung everything on this and has no choice but to keep returning and pushing.

For those that think we are unkind. We have had three years of this.

For newbies - time flysheet but for most of you he's been stringing you along for three months.

CASH - Zero chance.

Clever money on some outstanding prospect in leiu of cash. No use unfortunately to RRR !

Enjoy the weekend and weather

-

Dukey

If its suspended Nike and Maidit will be pushing the reincarnation or rises from the ashes theory.

I've been dissapointed by the poor performance of and value lost by RRR for years.

Only insiders gain here Mr Lundy ?

Mikey the only one missing the picture and the boat is you.

How many times has the Grand old Duke Bell led you to the top of the Hill to march you down again in the last six - nine months ?

More fool you for buying it but you lack the historical perspective.

Even I thought he had a chance on 22nd. He blew it. Window dressing stage now. Opportunity gone. Enjoy.

Could be Black's Estate Dukey ?

They had to take shares on 31st Jan to settle some debt.

God knows how much more debt they have.

Nonsense Reach was maybe an attempt to let them out without crashing the SP.

They could have a managed swap with a big PI but who would want shares in RRR ?

Orslega my pattern is consistent not desperate.

Five years of posting. Yes sometimes daily. Anyone that cares to listen I have saved a fortune. Never been wrong daily for five years . Five years and every cautious and precise [ love that] RNS has been nonsense.

Not many of you left keeping this on life support.

Opportunity for any cash went on 22nd January. Bell chasing a booby prize as he's out of options and road.

As we have said for months we will see :)

Orslega - not doing yourself any favours with that link. It refers to a conceding meeting 22nd January and money received. You've been had.

You sound a tad desperate !!

Banbury guarantee - NO CASH some muddled offer of other prospects which we don't have the

cash to pursue.

In my opinion escape whilst you can.

No money Pumpky but a great Opportunity on some licence presented to long suffering SHs. Which is useless without cash.

Money, well gone. Bell in a hole and trying to make the most of a bad job in my opinion. What other option has he got !!

Maidit you've been saying that every week since Lithium October 23. So eighteen months of this is the week and bemoaning MMs and Nomad.

And posters say I go on and on ....

Https://www.lse.co.uk/rns/RRR/update-v6zt7vu4e3riqx5.html

Hard to beleive but 4 and a half months since the don't miss press conference with the President. That never happened. Its never ending - just like me Orslega :)

It's a very big "if" not "when".

I've never been wrong and you have not been right. Bell reeling you in like he's done to countless before you.

Anyway point taken at least it's company specific not "ad nauseum" links to commodity prices so some enjoy :)

Yet another example of Bell being in absolute denial of how awful he and this wretched company are.

7th October 24 RNS FASO

"Carefully costed quick start operation replicated in Cote with first gold sales in both jurisdictions in 2024"

6th November RNS.

" The company expects to meet timing targets set out on 7th October".

These two statements are the opposite of Bells deluded RRR RNSs are " cautious and precise".

They are just many examples of why the Nomad wants nothing to do with Bell.

At best this companies entire RNS history is at very best Hyperbole and actually a lot worse.

I can't believe he has the brass neck to tell others to lawyer up.

Nothing about RRR is cautious and precise. From the reckless debt at rates of 0.5% interest PER DAY to the lack of information it provides to SH from the unevidenced Hyperbole that leaves the CEOs lips every day. I could go on !!

Dsrt - I understand some of your negatively BUT getting somone to cough up $7m and carrying the risk of the well was IMO a major success.

They have met timeliness well in.last year and you have no basis for second week in April.

Sorry should read

" wholly different if the debt matured in Oct 25:.

And it's less the debt this year more have they got the headroom on borrowing covenants to deliver the improvement plan against a range of scenarios.

Lightnotheat.

They dont need to sort out refinancing before the Annual Report. That would be reckless and premature as the existing authority runs to October 26.

I agree the auditors will caveat a going concern but it will be a standard " except for" that references the debt and maturity date.

The auditors will be more interested in stress testing the cash flow forecasts against the remaining headroom / authority WG has to ensure that have the financial flexibility to determine against the improvement plan.

The auditors approach would be wholly different if the debt matured in October 26.

Pumpky as a white man there will be certain places he should not be. Meeting no issues.

Complete bunkum to justify his ridiculous statement about staying in DRC until we get the cash.

He stuck that in one of the RNSs.

The man who claims ALL his RNSs are " cautious and precise"

It was a reckless idiotic statement that was wrong included in an RNS. The exact opposite of cautious and precise !!

Bell and this company are pitiful.

Love it Mikey

"We all know its not the cash that's significant here"

I'm afraid the cash is existential. You can't get more significant that that ?

"Its what can be done with the cash and what can be done with the results"

The lenders will be paid with the cash - leaving Bell short and needing to issue yet more confetti.

As for priced in ? Look at the market. Look at POW.

That idiot poster H50 talks about multi bagging.

It will barely double.

If he gets £3.9m net or less and the SP does not hit 0.12p I'm safe to continue posting.

No new hobbies for me.

My quickest and most likely exit is suspension of trading and this chat board closing.