Member Info for Banburyboy

Feb 24 presentation by RRR.

We have referred to it many times Helpful. The volume estimates prove the numbers you.post is just ridiculous ramping.

- 1,100 tonnes throughput per hour you said.

- 5,000 ounces to RRR net soon you said.

- $300 -450 cost per ounce you said.

- Production mid June first sales late June you said.

You have never got anything right in five years of posting and will be spectacularly wrong with those estimates as well !!

Fair play to News - I don't think I have ever seen a poster whose research has been picked up and amplified by management.

Yes Helpful that was 29th April we are now 8th June so 41 days or nearly six weeks have elapsed with no update.

The prospect of June production and sales as you advised seems very remote to posters on here.

What price the SP in August if

- FASO delay

-POW fall through

- Fund raise to pay June wages.

- No progress on DRC

- No asset sales as promised.

Not being funny but all five look probable to me and any one would be a bonus.

PoW is probably the least critical but any of the other four on our favour and we would be in a better ( as opposed to our man Helpfuls good) place.

Zumore - confounded is a one trick pony.

His speciality is trawling boards for any negativity and then posting his normal FUD comment.

That's what he does no follow up or encore. Just that. Board after board.

What he actually knows about RRR you could write on the head of a pin with a Mars Bar !!

At least we know our company inside out unlike confounded.

If any of it was going to plan / progressing we would have an RNS.

Something that size is definitely mechanised. We don't have the licence for that.

In my opinion issue will be

1- Faso burocracy hold ups.

2 - Disagreement on definition of semi and fully automated process.

The scale being talked about here is fully automated and we won't get that licence until November ( source Helpful)

A certain Investment Advisor with little or no understanding of risk crunched the numbers through his model and concluded.

- 1,100 ton per hour throughput

- 5,0000 ounces net to RRR soon

- costs $300 -450 per ounce

- First production mid June sales late June.

Serious question does Lundy ever tire of being wrong ? Or will he just crunch Australia numbers now ?

I don't think he's paid Dukey. The volume of posts and the sheer quantity is the giveaway.

I clocked on the day of the Lenigas RNS he arrived. I'm leaning towards he has some sort of link into Leni ( casual) as he managed to get Leni to stick the Sunday Creek theory in the tweet.

Firmly of the view no recent RNS is really bad.

Surely some equipment or some of the 25 boots on the ground have arrived, work on a camp started. The fact they have not released an update on anything suggests to me that FASO as predicted is a burocratic quagmire.

Lady luck seldom shines on our Chairman

News has a job - pump this anyway he can and disagree with anyone with any alternative view.

Spooky he arrived the same day Leni did and now is feeding him tweets. Suspicious YES ? NO ? NORM SPECIES ! Sorry could not resist.

Conjecture on my part but closer than Banbury Mbele being Congelese. Not his best peice of research !!

Yes new Ministers appointed so should be soon now.

I would just love him to deliver something or anything.

Three years now the foward look in the accounts has promised DRC and Elephant. This year we added an asset sale. News tells me I know nothing about balance sheets and asset valuations. Unfortunately he is wrong. We have no asset sales as the balance sheet values them at cost not realisable value. Unfortunately no ones buying, and if they did it would trigger an accounting write down.

Yes Speculative we lurch from weekly updates about not a lot but setting aspirational targets to absolute silence. Feels like something big next up to me.

Will it be good news ?

I'm not buying FASO happening anytime soon so DRC best bet OR.

Manoeuvres behind the scenes to provide a cash liquidity injection. But at what price ?

The POW deals sums Andrew up. He did an all share deal which is fine but had 13 weeks to get the SP up to complete. He seems to have fallen for his own hype. You wonder when he will ever learn.

Yes Doggie the RNS that said the wash plant would arrive in a few days by air to start production was 5th April. A few days is now nine weeks.

Helpful said sea transport was 5 weeks. He said we had a few issues with customs.

He has never ever been right in five years of me watching him.

- 1,100 tonnes per hour throughput he said

- 5,000 ounces net to RRR soon He said

- $300 -450 per ounce costs of production. He said

- production mid June first sales end of June.

Pity the poor sods Lundy provides investment advice to ! He's useless :)

Faso June production / sales looking more and more unlikely and Stephen Paul Lundy (aka Helpful knows)

All he does is insult people's abilities and he's been wrong for five years. Jaw dropping

Definitely helps thanks.

So your educated guess is big 2-3k per day.

Life and size of reserves is to be confirmed.

Ridiculous question but is there any chance its the wrong type of gas / oil that doesn't flow or presence of something else in the mix that makes it less marketable etc.

Thanks again

Tray you are even more of a RRR fan than many on here.

News - I know you are incredulous at so many bashers but this is RRR. Failure follows failure. What was the point of even talking to POW.

Again Bell was ahead of himself thinking he would get DRC , sell gold and assets.

The posters who know this company could have told you he had no chance.

Fascinating and thans Cruicky.

Could I ask two layman's questions please ?

1 - how did you estimate the flare ? Visually ?

2 - I think you are saying the second drill means more release space so the flare is bigger.

3 - in terms of well life is there anyway of knowing if this will last 6 weeks 6 months or six years at that flow rate ?

I am really interested in your views and it would be great if you could expand them.

A very subdued Helpful.

I can read his mood music well from his posts.

I think gold sales / production in July a remote possibility.

If we don't fund raise what are we giving away to keep the lights on ?

The company should tell us but won't and we will find it in the accounts.

It's that lack of transparency that actually is why this board has so many detractors.

The rest Sunday Creek commodity prices neighbours is just fluff !!

I know it's hard for somone like you to understand Helpful but the companies immediate need is an update on all areas and confirmation we are not going to get more dilatation with a raise. I was expecting an RNS today and worryingly nothing.

Maidit you have a very low bar for Leni to meet to earn his consultancy fee.

News did all the legwork. The RRR team seemed blissfully unaware they are sat next to El Dorado !

He normally lashes out when he realises he's called it wrong.

You would think after five years of failure, our favourite pantermine villian would hang up his boots !!