Member Info for Banburyboy

Do you research Earl CLNs

Including some held by poster Helpful.

What terms do you think they will ask for warrants at 0.06p ? We have not got the cash to repay.

That's why one bagger is tough let alone ten is not going to happen.

Warrants everywhere on the rise here and far exceed the statutory authority to issue shares.

Needs a GM for more share authority IMO.

Looks like he's had enough for the day.

The all revealing news soon.

Reach or not reach.

A clearly laid out achievement or a word salad of nuanced caveats.

Come on RRR deliver a clear unequivocable validated statement of progress including what the agreement with Riverstone is.

Your shareholders ( including me lunch money boy), surely deserve that ?

To be fair as I have said a few times the hype from Andrew on Lithium was ridiculous. He has been more measured here.

All the hype has come from Helpful.

Whether he's instructed to do that I don't know.

If you say so Confounded.

Huge short term funding issues are a material drag.

Busy as he and others have got a company to screw on the 600k due this Thursday.

By golly we desperately need something.

Feels like the FASO noise and ramps by Leni spookily all co-incide with an existential short term funding crisis.

As the great Earl of AIm says .... join the dots.

The large sellers company insiders don't see it the way of Lenigas.

He's out and about as this is make or break for RRR. More fool you. Ten bagger lol !!

You said that relentlessly when you were bigging it up.on Lithium !! You were wrong. And it was much more than the price and you know that.

Short term finances a dogs dinner here and it one

hell of a risk in my opinion.

Earl you spend your life on ramping crusades.

Bet you have never seen so may nay sayers as RRR.

Be careful

earl you are not the brightest !

fco has don't travel advice on faso but bell sees fit go.

last week faso made being *** a criminal offence, wagner are supporting the military junta and uk has sanctions on quite a few areas.

ecowas wants nothing to do with faso nor do western governments and visa versa.

and the board numpty says ceo will get ministers involved.

Earl - they are hugely bigger than us and its automated production.

We only have a licence for semi automated.

I have heard of little acorns but your statement is ridiculous.

The sale that I posted by Asara at $2.2m is a comparable benchmark.

Looks like your ramping falling rightly on deaf ears

More embarrassing stuff earl.

That was a long time ago.

Here's an article from a similer sized out fit from YESTERDAY leaving FASO.

Balance is really important and you have none.

https://www.tipranks.com/news/company-announcements/asara-resources-sells-burkina-faso-assets

Earl you are embarrasing yourself :

When Gyllenhammer first alighted here all the clever ones asked - "What does he know that others don't???"

When Topham first alighted here all the clever ones asked - "What does he know that others don't???"

When Black first alighted here all the clever ones asked - "What does he know that others don't???"

Now that Bolitho too has landed here all the clever ones are asking - "What does he know that others don't???"

I suspect that in the fullness of time he too will get to know as much as the first three,

In fact what are the chances that by the time Bell has finished with him he will end up holding less than 3% - without having to sell a single share!

Good morning to you Helpful

You seem grumpy this morning even by your standards.

You are obsessed with marginal cost. It's cash flow that matters in FASO and my post was addressed to H5O.

On corperation tax. I hope Bespoke is more prompt on paying its 50k or so liability than it is on submitting its accounts to CH?

I could allways lend a hand if it helps ?

Glad to see you acknowledge my professional status as ACA. Thanks.

Have a good day.

Orslega as long as you are aware.

I don't dispute the company is valued fairly low.

That's because the 'risk" is the short term finances are so messed up anyone could call there loans in anytime. Potentially lots of rewards to them and not much to ordinary Jo's like you?

But good luck with it and hope I am wrong :)

Orslega

Look how wrong that report was 2.8p and it was issued in Jan 23 !@ They First Equity are hanging their head !

Company has no cash - undisclosed loans from major holders with interest being paid in shares 400m 33k supplier debt paid with 75m shares [ all last week]

Loads of CLNs - 600k due this Thursday.

210m of warrants at 0.075p could be triggered - 19th October 23 CLN. Ridiculous funding deal.

No transparency on FASO arrangement with Riverstones who are funding it entirely.

Andrew has messed up big style on short term funding IMO.

Little or no chance of a multi bagger here. This is more of last chance saloon IMO then new begining.

Good start he's flown out loads of times with not a lot being delivered. All eyes on the production annoucement. Key is will it be a Reach RNS [ bluster] or a proper one accredited by the Nomad.

We will soon see.

Possibly H50.

I think your costs are on the low side - FASO taxes and new royalty tax push it to $1,000.

1750 ounces at 2g per tonne every quarter means processing 270 tonnes every day. Seems ambitious to me as we have only got permission for semi automotive.

Think you are fair attributing only 50% to RRR but that's all kept secret.

Key here is trust. Allways a huge difference between the hype and reality.

To be fair to the company they have learnt it appears from the Lithium hyperbole and most of the hype comes from our resident insider Helpful.

Interesting to see next update.

Dukey it's RRR all over.

Bell has over reached on funding and is robbing Peter to pay Paul !!

God knows what Riverstone have on us to fund FASO.

We paid a few "suppliers" last year with shares and I need to check details there.

Key question is was there really a 33k debt or is this just a sweetener ?

No good either way but if its a sweetener very poor.

No doubt Helpful will reveal all !!

So 31st May RNS Black owned 389m shares in the company. 10.96% of the company.

Today he owns 466m shares or 9.69% of the company.

So has he brought 75m shares !!!! Or has he ?

Cue the 3rd July RNS where we paid a supplier with wait for it. 75m shares.

Same day as Bothero was revealed as provider of company loans !!

Looks like Black was enraged by the dilution so we gave him 75m shares to me. Shame they never thought of us insignificant PIs

RRR run by the few for the few.

500m shares for no cash just to keep a main shareholder and the provider of short term loan sweet.

All IMO and DYOR but look very strange to me.

Not got a licence for automated production AIM.

All costs to reduction paid by Riverstones.

Most here have been here years.

You come in every nine months with little knowledge and a ramping agenda.

You were hugely dissapointed last time and says so. Think history might repeat itself