Member Info for Banburyboy

Nike - God loves a tryer.

He is really justifying the Lion With and Wardrobe that is FASO has anything of substance on site ?

Sadly Spec the whole future of the company hangs on DRC and them not giving him the run around.

FASO feels to me like no machinery, no indians, no camp, no 1kg. Mike has gone there and got nowhere like all before . It's as believable as Lithium.

Never ever seen anything like this in my many years it amazing.

Yes deep skepticism about the New year visit.

It's most likely the normal RRR hyperbole.

Termites RNS - eight weeks now waiting for clearance of cash.

Let's hope they don't change 30% arrangement fee and 0.5% a day :)

Has migrated over to ZPHR as well.

I've never been so popular.

God only knows what that board will make of Nike .

Nice try Helpful. I've hung up my boots on the ZPHR board and will let the natives eat you alive.

You should really do the same here !!

He's inserted himself over on ZPHR.

The natives are getting restless.

I think I will stay here 100% from now on - distraction techniques from Helpful.

He's on the ropes here so changing the venue.

Hang up those boots - Stephen.

Robins opportunistic is an odd poster. Allegedly watching this for years and brought in three weeks ago.

His question I think is how do we know he didn't stay in DRC. Answer he bored us stupid with airport journeys, late flight out, stop over Addis with pictures of coffee and a delightful lady at the airport, confirmation luggage was delivered and then a 20 minute interview back in Blighty in his Fulham pad

So a very clear audit trail indicates he did leave.

Shame there is no audit trail on anything else with RRR.

And Adons point about WI and NI and lots of other valid points you ignore.

Sunk costs are not relevant to future decision making. It's maximising future cash flow moving forward.

So re-enginering your 21 months for 100% WI [ schoolboy error] = 16 months payback.

Base case is ZPHR gets $7.5m

Best case [ your figures] = $75m to ZPHR

Sounds reasonable to me and risk free.

Remind me about your top tip RRRs loans. Per the annual accounts 30% arrangement fee and 0.5% per day.

Memory serves me ZPHR has a blended rate of circa 9% a year !!

Best you jog on back to the RRR board. You are out of your depth here.

As Orselga says 500 views but no trades.

To be honest I think the bulk of the interest is the comedy/ hide behind the sofa angle.

Amazing how a judicial process has bit the dust completely and it's now at the whim of nepotism and patronage and does Andrews face fit in the Presidents entourage.

Imagine new year toasts and Andrews sidlling up saying wheres my £7m !!

Be as welcome as a fart in a space suit !

Helpful.

Poster Adon30 on ZPHR has just chewed you up spat you out and finished you for breakfast.

You are out of your depth over there and punch drunk here.

300% APR lol - time to hang up those boots.

Looks like Adon30 has sunk you below the water Helpful.

Not for the first time you are out of your depth.

Mikey OK £4m but net.

Many on here are expecting the settlement as and this is illustrative.

£7m gross

£4m in leiu of expenses kick backs legal fees

£3m non cash in leiu new prospect for RRR in DRC

Upfront cash Nil.

This is RRR and you guys need lots to fall right.

Before your time but Helpful posted a link to a shadow account saying the Sunday Telegraph Midas was tipping RRR. He now tells us Bell is staying with the president and his family for the new year. I can't believe anyone buys this it's nonsense.

Orslega if history is anything to go by if its going to happen those in the know [ the few] will start buying something to look out for ?

Once a spike is created a placement explained as just in case of an arbitration delay will happen.

RRR has an estimated £9.6m of debt and trade creditors with some [ albeit a small amount ] debt at 300% APR it needs to happen quickly.

There in no chance IMO this will multibag and I have said for a year now I will never post again if this hits either 0.12p or Bell gets more than £5m from DRC . Hope for your sakes I'm wrong, and I get a new hobby next year.

Helpful thinks I'm stupid !!!

Meanwhile in the asylum.

- Money is borrowed at 30% arrangement fee and o.5% interest a day.

- Nike thinks RRR is an unrivaled success.

- RRR is in a good place. ZPHR is not.

- Calamity is dining with the President for a week and will bring back untold riches.

- I look forward to the sequel on Air France, luggage, DRC demographics and hollow excuses.

- Termite cheque in ivory coast yet to clear.

For the seasoned professional this all has a whiff of Lithium and Greenland !!

Nothing like the big build up Helpful.

Midas tip in the Sunday Telegraph !!

Presidents family eh !!

Inside info per chance :)

Let's hope the Presidents desk and the agreement are also in Mbuji - Mayi at the same time.

A glimmer of hope and escape from 0.5% interest per day. !

Your very rattled Stephen.

0.5% interest per day and 30% arrangement fee. In a month that would cost the equivalent of 200 tonnes of Lithium !!

RRR not in a good place !

Stephen - Looks like your trolling of ZPHR board has gone down like a sack of spuds.

Your estimation of historic costs lacks any evidential basis and you ignore the sunk cost principle.

RRR has £25m of accumulated losses on its activity. Even I [ RRR biggest critic] don't think they are relevant its the here and now that matters DRC settlement, FASO production, RRAL IPO. None of it looks close and loans of 300% APR [ 0.5% interest per day and 30% arrangement] are not sustainable.

ZHPR has a blended borrowing rate of 9%, £25m of revenue covering administration.

I think it's comparing a basket case with something with real potential and limited downside risk.

You sound very bitter Stephen.

I thought suspension was a possibility in 2023 but never mentioned it this year albeit others have.

I welcome your comments on debt with a 30% arrangement fee and o.5% interest per day ?

Not a lot you can say on that is there ?

Thanks Duke.

Long way to go and a lot of debt but, funded by proper banks [ not HNW], transparent blended rate of 9% [ not hidden loans or 300% APR] and a clear strategy to progress flagship assets [ not hyperbole presidents desk dont miss stockbox Reach nonsense ].

The contrast with RRR is stark.

I can only think our Resident Investment Advisor has a cavalier approach to risk management suggesting RRR is in a good place [ at 0.08p] and ZPHR is not in a good place.

Helpful must do a lot better.