Member Info for Banburyboy

He has me on filter !! But love to see his response

Can someone alert Helpful to

" Banbury says Topham and Bothero never issue TR1s that why he not seeing on. But he knows that"

Many thanks

Helpful your increased peddling is pathetic even for you.

Put your back into it and apply some conviction. It's pretty clear you think this is on the brink and the fat lady is clearing her throat.

Faso ? 1kg of gold ? How we laughed at you. Production May then June then August then 1kg.

You are a joke of an Investment Advisor :)

The few Helpful - Topham Bothero - those two never done a holdings RNS to my knowledge, despite RRR sharecount changing monthly.

Fait de complie to protect their debt balance.

Simples

If its used for Ammo its won't be available at all.

Strange thing to say.

From that interview I don't think he has any idea when the money will arrive.

My worry is the day job

- financing £9.6m debt.

- CLNs two months out of contract.

- PoW due

- termites.

- Faso promised production in 2024.

Who looks after the office when Bell is not around ?

We have a single person as chairman and chief executive so all our eggs in one basket.

30th June 2024. £6.593m trade creditors plus long / short term loans less cash [ grew £2.2m in six months.

Add cash burn for final six month = £8.793m

Add 800k for PoW deal plus ramp up FASO

Total £9.6m.

I have not factored in

- January.

- the eye watering finance charge associated with userous loans [ 0.5% and 30% arrangement fee].

RRR tells its shareholders sweet FA but not difficult to work out.

Including trade creditors it was £9.6m.

I will post the calculation.

Some of it was racking up finance charges as 0.5% a day and 30% arrangement fee.

If I'm honest I think all DRC would do is keep the lights on.

I'm not impressed by FASO and RRAL is for the longer term.

He needs DRC cash and immediately.

If Andrew does not bring home bacon - the company is insolvent under any measure.

SP holding up is the "few" major PIs mopping up Black's shares to increase control.

Idiotically Bell borrowed from major PIs.

They want repaying - debt for equity swap.

Where does that leave ordinary Jo holders.

No DRC and it's over.

It was a high risk reward.

All in my opinion of course.

Interesting week and riveting viewing.

When is the point if there is no substantive news from DRC you begin to worry ?

- End of play today

- End of play Friday.

- End of February.

- End of March

Just wondering

Nothing ever straightforward Orslega this is RRR.

Bell working on pivot, clever wording , ducking diving dodging and weaving.

Consider he might be on Telegram as he's bored ? And trapped in a hell hole DRC thinking what to do next ?

Still waiting for the TR1 for the buyers Bothero / Topham you suggested. Won't happen " the few" don't issue holdings.

So we don't know are they accumulating to [1] protect loans / position or [2] because this is a sure thing ?

One of us will have egg on our face !

I think a broadcast to the nation would provide some well needed cheer.

Very gloomy today.

For avid followers of the RRR story [ and there are many of us ] when Helpful goes missing it's normally bad news.

I'm sure Andrew is trying as hard as he can, but DRC is a difficult place to make things happen.

It was just blindingly obvious he needed a result too much and has a predisposition to hyperbole.

Those two combined should have warned punters off.

Still FASO to fall back on where there is zero evidence that a pick has hit the ground or machines deployed in any useful way.

It will be an interesting week.

Presumably Andrew will need to stay to push it over the line but might be a while yet ?

I hope for all investors I am wrong

It implies Bells working on plan B or a pivot.

Still investers like drilling crew to keep it all going :)

Buy some more Drilling crew like you have done for the last month.

What did you say last time? " To good an opportunity to miss and we won't see those prices again "

Trouble at Mill ?

Not all bad.

The few the major PIs will be picking them up. But as I have said for years other than Black no one complies with the holding rules.

Key question is :

- are they buying to protect loans in the event DRC doesn't happen.

- or are they buying as they know this is the big one and is will happen

We shall soon find out.

I'm in the first camp !

Pumpky - Andrew checked in at the bank Friday.

I'm expecting full details of settlement net and gross and schedule of payments to the UK imminently. Today or tomorrow morning.

Wonder where the Lundy is ?

He will know.

Pumpky - no Helpful.

MIA - or assessing the risks and where his CLNs stand.

Dicko - the wind is blowing in a different direction but your clearly not a man for turning.

You were shocked by the negatively on here.

Pretty soon you will understand it.

Kurt - FASO as late as mid Nov 24 their RNS said it was on target for sales in 2024 !

I'm not convinced a pick or machinery has ever been used in anger.

Mike may have reported back the project was not feasible ? We don't know as the company tells us nothing, particularly if it's bad [0.5% a day interest]

CLNs supposed to renew 18th November ?

POW money well overdue.

18th October termites just waiting for the check to clear.

Honestly the communication and transparency is shocking.