Member Info for Banburyboy

I collated a list of the naysayers mikey which I have not updated for a while 30 plus.

No other board has this level of "informed" interest.

As Autumn turns to Winter and the placing unfolds we will maybe add you to the list ?

For seasoned RRR and Bell watchers that letter was a sign :).

Dukey very few on this board get the concept of " weighted risk"

They see $7m against a low market cap and there eyes light up.

Weighted risk here is a function of two years of continued failure, desperate company and financial position, trust issues with the CEO, and propensity to hyperbole.

That's the reason why the SP is where it is and IMO 5-10% chance of cash in next two months tbat weighted risk.

They then have RRAL cash and CLN to pay.

As Bell says he has a Plan C headroom which he won't want to use and that's where Termites come into play.

All in my opinion and I could be wide of the mark but do your own research and make your choice.

Orslega - thanks for the translation.

I agree with Dukey and Pumpky this is just Bell hyperbole.

Don't like the date on the letter and the rushed publication. Bell would have been desperate not to leave the meeting empty handed. Looks to me like he begged them for some confirmation of a follow up and they printed him this.

He has cried wolf two many times and sorry won't come back with the arbitration money.

Time for plan B some busy termites. When Plan B kicks in you will know DRC is stalled.

All in my opinion and could be wrong but be careful here.

Mikey my point is meeting on new prospects is secondary. DRC is primary.

No progress IMO without cash.

Bell did I beleive say he would commit to no further ventures until cash was remitted.

This seems to be moving away from cash to new opportunities.

Let's see.

It's dated 21st October. They can't spell and the original meeting was RNS as being Saturday.

They are trying hard.

The intellectual collussus that is Maidit has spoken.

He dips in and out with tips and motivational wisdom.

I bet Bell wishes he could have a little of what Maidits on !!

How long you giving it Mikey.

No news by Xmas ?

Will you join us on the dark side ?

Keep a close eye on Plan B - termites.

Trust me Mikey hope for the best but expect the worst. This is RRR.

We had virtually zero communications from May to late September. FASO was left hanging after a huge amount of hyperbole. We now know why.

Then RRAL default and 2.5bn GM shares [ to add to 2.4bn existing headroom] .

We then get a charm offensive. DRC resurrected, curve ball on termites in record time , two Reachs last week Stockbox and Twitter attack.

You draw your own conclusions mine is Bell has cried wolf too many times.

His ability to create a spike [ to place into] has long gone as his reputation has stuck.

It does seem a binary inflection point to me deliver on DRC or serious dilution.

For me the DRC stuff is conveniently too close to a placing to take seriously and I think they are lining up a plan B in Cote termite samples.

I could be wrong and my opinion only.

Fascinating to see how it lands.

Https://x.com/aimterminator/status/1848035669496467520?s=46

Sad to say Helpful this post has 5 times as many views. Mr Bell has a lot of baggage.

Not just naysayers on here.

That would definitely help AIM you mean 0.035p.

I'm going for 0.04p as they will manufacture a spike either on Termites or DRC that's the normal operandi.

All in my opinion only.

Interview as of yet not causing much interest. I think most with the propensity to get sucked in on these boards have allready in three years so most waiting for actual as opposed to the normal if what's and maybes

Uniquely Orslega lot of naysayer interest to.

This is RRR afterall. Note Dukeys post.

Inflection point but allways prepare for the worst here but hope for the best would be advised.

Looks like we reach an inflection point where the two differing views on RRR are put to a test.

Just keep an eye on termites. They have not come to the fore so quickly for no reason.

I stick by

Major placing

No cash fron DRC soon [ think meetings are more about new opportunities less about claim]

Pivot to Ivory Coast based on excellent termite results.

Don't lose sight of past performance at points like this if delivery is in doubt spin a few more plates.

Any spike will be deflated by a raise.

Many been here seen it got te tee shirt.

All IMO.

Good luck

Well if Helpful is the cheerleader it's normally the kiss of death. !!

As you were everyone

Thanks Orslega - quiet patriotic. Flying the flag for Blighty in the Congo.

Let's hope it works.

If £4m plus is received Robins I have promised to move on.

As you have said for many years Robins sadly I'm normally right.

My moneys on big news left field from Cote and termites next.

Typical RRR expect one thing get told another.

Https://www.africaintelligence.com/central-africa/2024/10/18/government-on-mission-to-improve-state-company-governance,110329009-art

They must have called Bell over for advice on proper governance. He could start by

1 - A legal requirement to file accounts [ NBGC [ holding company for RRAL]. Nine months late.

2 - Requirement to record shareholders vote % at a GM.

3 - Dictionary definition of an export and

imminent.

All IMO and DYOR.

Https://www.google.com/search?ie=UTF-8&client=ms-android-samsung-rev2&source=android-browser&q=sgs+lab+turn+around+times

SGS standard turaround 21 calender days.

75 termite and 19 Rick chop samples all came out of the blue !!

7th October no mention " Red Rock had identified alluvial potential within its granted licences"

18th October - 75 termite and 19 rock samples all lodged at the laboratory and waiting for payment clearance for results.

I never thought RRR had it in them.

That's fast anywhere but in Africa - Wow.

Bell has become Popeye.

DYOR.

Targa the interest as you well know is finding out whether the Bulls or Bears are right.

You know where I stand.

The timing of the termite samples and no

mention of the 7th October proper RNS is shall we say note worthy :)

It does not matter if they get DRC.

So yes interesting week to followers of all things RRR.