Member Info for Banburyboy

Loving it Stephen.

I'm really getting in your head

You will know about the forthcoming placing as you would have been asked to participate.

Or will we get DRC cash or FASO production.

We both know the answer to that :)

After hours RNS tommorrow after 4.30pm

2 bn more shares 0.03k to raise 600k to tied us over whilst we await FASO production and DRC funding.

Brings the share count to 7.5bn.

We can conclude 2024 with

- three times as many shares

- no asset sales

- no producing assets

- no progress on DRC

- £3m more debt.

All in my humble opinion.

Helpful pivoting to two new companies !!

Has he seen the light ? Are they in a better place than RRR. It can't be !!

Or in the case of RRR you need to get off the carousel before it goes bust ?

Dukey he's an abacus and quill man and I think was around for the South Sea bubble.

Stephen the entertainment you provide is priceless xx

Mikey agreed

But Bell sealed the deal for the Greenland cash and lost a lot more than the $7m in a Cypriot bank ( perhaps a whiff of Lithium in that :)).

The issue with Facts works both ways here IMO.

He's not known as Calamity Bell or the man with the minus touch for nothing !

bless helpful

poor dukey

bell obviously formed his opinion on zumore from you to ? what nasty things did you tell andrew about me.

nothing like an insider relationship to warm the ****les of the heart :)

How can it be priced in when a week ago guidance was 1-2k higher !!

We will see 8% fall I reckon

27th November trading update - 37k BOPD for 2024.

5th December - 35k BOPD equivalent for 2024.

At the mid point they have lost 1.500 x 365 = 550k Barrels !!

It's a shocker and all on that crap Tailwind portfolio !!

Shareholders sold down river with that crap deal.

Https://www.whitehouse.gov/briefing-room/statements-releases/2024/12/04/readout-of-president-joe-bidens-meeting-with-president-felix-tshisekedi-of-the-democratic-republic-of-the-congo/

Bet he couldn't wait to get rid of Biden. Important meeting with Bell to arrange :)

Anyone remember the interview where Bell was going to meet the FASO head of state.

It's nonsense.

Bigger picture Stephen is whilst you are joshing with me you are not enticing any more mugs in here with your ridiculous hyperbole.

Banbury 8 Helpful 0.

As you say RRR can only go to zero 99.9% loss in value as adjusted for 2015 share consolidation.

Not much left for Investors

ZPHR and any other share for that has lost less.

You are looking through the wrong end of the telescope old boy.

Also risk reward far more attractive at ZPHR. At least someone's interested in their assets.

Anyway stop pivoting to ZPHR !

So£7m debt it is :)

Bless Helpful

1 - On debt - so you don't disagree with my calculations £7.2m wow ? But RRR is in a good place .

2 - On Namibia you previously said you were advising on the IPO and were an expert with your own 5% holding. Where is that IPO ? Four years you have threatened it and no movement. Don't think RRR auditors will buy the Elephant listing nonsense again ? Do you ?.

3 - FASO production was it two weeks ago you said. Or was in May 24 or June. So many failed predictions from you its hard to keep up :)

This is really fun but places to be people to see :)

H50 - the poster who thinks all bashers are paid shows his complete and utter ignorance.

The last accounts were 31st December 2023. Lots has happened since then - 11 months ago

We systematically worked those events through, including assumptions and offered up the result for challange.

You did no respond.

The debt is £7.2m here's the workings.

The last published accounts were 31st Dec 23

RRR had :

82k of cash

£4.475m of debt comprising

734k long term borrowing.

2039k short term borrowing

1702 of trade creditors

We have had eight share issues in 2024 for 1.859 bn shares these have raised £808k (six were to repay debts totalling 348k and two 460k were cash)

RRR burn was £1.532m in the six months accounts to 31st December 2023.

Eleven months equivalent would be £2.626m

Due to FASO, I think we can safely add 500k so £3.1m of new debt.

30th November 2024 Debt

Carried forward £4.4m (net of cash)

Fund raises / loan repayments - £0.8m

2024 costs £3.1m

POW - 0.5m (CLN Plus delayed cash payment)

RRR debt on 30th November £7.2m

A very big part of the explanation on why the share price is where it is.

CLN and Lundy looking for assurances before extending.

POW payment six weeks late and approaching delinquency.

Auditors asking questions about repeated assurances on asset sales and DRC proceeds.

Trolls on bulletin boards teasing mega dilution.

£7m of debts need repaying with grumpy PIs.

Wages and bills need paying

FASO cash hungry.

DRC settlement looking further away.

But hey ho our resident Insider and Investment Advisor says all well and RRR is in a good place.

Hmm- draw your own conclusions.

Yes Laura - even Maidit seems to have thrown the towel in.

Nike - you are the last long timer standing. Must be lonely ?

Helpful as an Insider with an agenda - does not count.

Still hope it comes good for investors but what I or others posts makes no difference.

This is all Bell.

Nice one Spec.

I think Helpful has lost his sense of humour!

Scorecard.

Banbury 6 Helpful 0

No English. Three A s at A Level and First Class Hnrs in Economics when they were hard to come by.

But you are correct not English.

However you know what I meant and you know all about the Cypriot Bank and Greenland fiasco.

Nike is the champion Nit Picker but you are taking up the baton.

I have a fourth option for you to get you massive over inflated ego around ?

OR

Refinancing- 25 to 1 share consolidation just as in 2015. You must know all about that.

RRRs a dog share Helpful. It's not in good place. You cant even have a debate on the fundamentals and if nit picking on my English is all you have, it's not looking good.

I can tell by how confrontational you are a mega placing is next. You can't hide it. We know you to well I thought you were busy ? See you cancelled the striking off notice on your company Bespoke. Well done. Lunch box money fine £150 ? No problem to you. But a proper professional like me would not let it happen ( crap at English or not :)). Hang up the boots.

AIM what next ?

- it's six weeks since the termites RNS. It said sampling had been done they were just awaiting payment. Six weeks for payment clearance - very odd. Expecting gold ants and AU at 400g per tonne ?

OR.

- A Greenland repeat - DRC cash in Echew !!

OR

- FASO Helpfuls unsubstantiated kilo of gold production

Which one will underpin the next P&D ? Anyone's guess

All in my opinion of course.