Member Info for Banburyboy

the pivot to australia is unbelievable.

they used it to bury delays on faso and no progress on drc yesterday.

how convenient bet they could not believe their luck !!

they massively over reached on what they are saying on flying kit in. they could not do that as they did not have customs clearance. helpful told us that already so has the company.

rather than admit the truth they invent some **** and bull about air freight costs which is not evidenced by the air freight index.

the only cost going up is sea freight from sky today.

australia may well come good but this company is at best economical with the truth (lithium a great example) at worst dishonest imo.

https://news.sky.com/story/shipping-costs-at-18-month-high-threatening-to-impact-uk-inflation-rate-13150891

Confounded you are a one trick pony. You post the same endless FUD nonsense on CRCL and SYN.

You've arrived here a few days ago and are now an expert on RRR. Multibagger :)

Dukey - blatant opportunism.

They have held off updating as FASO and DRC are going nowhere fast and have "hidden" the update in amongst loads of blurb around Australia. They got lucky with the timing and nothing quick will result from Australia but they were so fast to cynically use it to bury bad news. Shocking and RRR all over.

Starting operations on site at scale from early June.

Just like the fling the kit in days they have back tracked.

No date yet and they don't have a licence for automated production so November at the earliest based on what Helpful has divulged.

The PR taps get turned on

Driven by News not the company - how lucky for us News arrived.

Everyone knows a share issue will happen into the rise - it won't get traction. The market knows RRR.

You promised April Helpful !

Then you confidently promised June.

You are allways wrong.

Now you are again ramping bigger production.

Clearly this is mechanised production and you yourself said we did not have a permit for mechanised mining and suggested November as the timeline.

So a big delay IMO.

LAVROV was in FASO last week - not sure a GB registered outfit will be fast tracked through the licencing process.

Who pays admin expenses in the meantime ?

Market not interested confounded.

Company has a believability trust issue.

Agreed on News he puts our RRR team to shame. They could not believe their luck with a get out of jail card like that. They can put FASO and DRC on a slower burner !!

Spec - typical RRR non speak and in bold to !

" Gold testing and production equipment loaded in container on way to sail for FASO'

That could mean anything most likely in the suppliers containers as we are just buying it.

Australia stuff has been bigged up to hide delays elsewhere.

News arrived just in time to bail them out.

" There has been a significant recent rise in air freight rates this has led to a decision to transport containers by sea "

That's rubbish the Baltic Air Freight index is up 6.4% year to date June 3rd. Its been flat recently.

Sea Container rates are up 12% this week.

They must think holders are idiots.

They have got a myriad of difficulties in FASO and this is because they don't want to get into them and are buying time.

No chance of FASO production anytime soon in my opinion.

My thought entirely Robins as well as why does the Company and Leni have wait for poster News to write to them to tell them all this ?. Our four staff should have been all over this. They must be hopeless.

Interesting to see if this moves the SP. Everyone know a placing follows any rise.

It's good news but

Still think this has landed beautifully so the company can gloss over no progress on DRC and significant delays in FASO.

Lithium what Lithium ?

Elephant what Elephant ?

Confounded the Board one trick pony you know nothing about the POW deal or RRR. Today's most predictable post.

It will come with a catch / sting. The market is not interested.

Pop in tommorrow and Wednesday if you want to make an informed comment.

Dukey I think you can't read.

He meant ridiculous hype on Oz to jack the price up for a pre prepared placing for Admin. Not to fund the deal. Keep up

Tells me that a single poster on here News can tell RRR more about their own prospect than either our Chairman, our consultant or our team on the ground of four. That's their job not his. It shows how awful / desperate they are.

Looks like deflect and detract to me as well. Wheres the FASO news?

As I have said many times fair credit to News though !!

You sound as ever smug and it the know. The lay man's answer would be :

Announcement needs to be made too both markets at the same time ? When the 13 week period was set no one envisaged it going to the wire and thought about the bank holiday.

The terms of the deal absolutely screw RRR SHs as its all shares and at this price is 65% dilution.

So it's either 1

- abandoned deal and this is just a technicality.

- different deal not in shares. God only knows what alternative will be proposed.

Helpful 100 staff and 25 specialists.

You can only cry wolf so many timed task force / five Chinese buyers 1-5m tonnes at Tin Hill. Put it through the model you said hundreds of millions.

If the camp was built or a wash plant had arrived my guess is they would have communicated. Fells like delays to me.

Grumpy Helpful !!

- 5000 ounces net to RRR soon !!

- $300-450 per ounce cost

- first production mid June first sales late June.

All provided by Helpful.

It's just nonsense and he knows it.

-

Nike - " Helpful has pulled back from these estimates"

The fact he made them full stop is morally and ethically unacceptable. He's an Investment Advisor and very closely associated with RRR. ( we disagree on the term Insider).

You are a new poster but he has done this for years Tin Hill 1-5million tonnes.

He is the main reason I and many others are here.

If he hung up his boots RRR would be in a good / better place !! But whilst he posts this board will look like what it does now. !!

" We are now begining to export Lithium from Zimbabwe and expect this to be a growing part of the company businees"

AB on X " judge us by our exports".

For years the company has refused to acknowledge failure. That's why there are so many detractors on here. An acknowledge of the status of the 200 tonnes and what the long term Lithium plans are would be announced by most other companies.

Not RRR we fail and then pretend it never happened.

Volume estimates are on Page 12 for all to see