Member Info for Banburyboy

All this nonsense about those small trades was seriously boring.

Bottom line is RRR needs company specific news ( not nonsense about gold price / commodities and neighbours ) SOON.

Faso production in June, asset sale as promised (£1.5m)., finding 200 tonnes of Lithium or progress on imminent DRC.

Only theses will move the SP and like it or not RRR does not do good and price moving RNSs.

Fingers crossed for this week and next

Crikey talk about wetting themselves and dining out on small crumbs ! Is this all RRR really has.

No FASO gold in June Lithium exports or imminent DRC.

Desperate times indeed !

I do have shares in RRR which I said a few times.

Only down 60% much less than Maidit so one of the lucky ones.

News I will indulge you for the fun of it

Last two spikes

Mid Feb 365m shares traded at 0.1p 365k in real money

Mid March 276m traded at o.8p = 230k in real money.

Todays action nothing comparable or of interest. IMO

I think you are chasing shadows News.

Nothing of interest IMO

Fair point TDT

Hope my last post made you smile - the own goals we score is legendary.

So on the 8th May the paperwork for the new shares was lodged

The company secretary has got all the numbers wrong so the

509m shares are shown as being issued at GB £ 0.051 it should be £0.00051p (point of reference all other share raises )

80m shares to Directors are shown as being issued at £0.0006p again does not seem right they did not pay more than the recent raise i thought it was a quarter. So does not feel right

Helpful and crew might not think much of me as a Chartered Accountant but i could knock spots off anyone at RRR- how much to we pay Scott Kainz and the Company Sec. this stuff is really bread and butter and the auditors will pick it up.

https://find-and-update.company-information.service.gov.uk/company/05225394/filing-history

Sorry predictive text.

Helpful or Stephen Paul Lundy is of course our very own Pantermine villain in the RRR fantasy game.

Boo / Hiss

Maidit you have said this relentlessly since you joined us and were impailed on a Lithium spike at around 0.2p a year ago. You have allways been wrong to date. The law of probability says you will be eight eventually but very very very long way to your buy in price. Wishful thinking by the board dreamer :)

Some great banter going on over there yesterday and today. Andrew and RRRs fan club has green shoots popping up everywhere.

There is genuinely no share like this on chat boards. The whole epic tale right from Mkt cap of £50m to Greenland to Steelmin Candy Crush, the Elephant , imminent, five Chinese buyers, patterning villain Lundy , dodgy photos - would put Homers The Illiad to shame. It's an epic blockbuster. Perhaps we could sell the film rights ?

It's incredibly they are getting excited (( wetting themselves as the world worst financial advisor would say) over a 5% movement up to 0.05p. !!

I would love some of what they are on :)

Typical RRR - out of the blue activity for no reason.

A cynic might say the privileged few have been tipped the wink to load up on a news release to sell into any rise.

Problem RRR has for a year I'd it can't sustain a rise. Reach RNS won't do it. Needs solid news on DRC or an asset sale. Let's see

Yes Nike

Mr Bell set up a company Tripler Royalities a number of years back to receive all these royalties.

It's sadly dormant at CH.

Not sure I remember any POW receipts last receipts were final shares in Jupiter.

Thinks have not gone to plan.

Unfortunately Helpful no correlation between gold price and our SP.

1 - we don't sell or produce gold. If FASO comes good no one has any idea of the partnership terms and our interests.

2 - RRRs portfolio Kenya / Cote de Ivory / Australia rank pari passu as pretty average against peers. You love to quote the world marginal cost from your o level in economics. Not relevant here I'm afraid its about relative IRR on scare capital and geo political risks. Africa is a tough place to do business and if any of our assets is looking attractive its probably POW. Costs to set up in Australia are prohibitive unfortunately and im not sure we have the financial strength.

Sorry to burst your bubble but gold could rise 10% today and RRR SP would be flat for all the reasons above.

Now company specific news on DRC funds, selling 200 tonnes of Lithium or June production in Bibelle with a clear statement of RRRs residual interest. That would move the SP.

Unfortunately News and I've watched it for years we are a leaky ship.

We have lots of activity before RNS,s so the privileged few can buy in and then sell on the rise. Maybe that's what we are seeing now ? Its the normal pattern and News soon.?

Maybe not a placing.

Hopefully it's good DRC or an asset sale best to get the SP moving rather than navel gazing on the gold price.

Fingers crossed onwards and upwards.

But what we can rely on is a quick placing into any rise.

Holding RRR is like s never ending game of snakes and ladders where there are only snakes at every turn.

Tops leader board as it raised £5m today at 10p. Closing price last night 4.7p. !!

I look forward to Helpful for once being right and the next raise subscribed for by major holders at 0.2p and 0.3p.

With such a solid portfolio of assets and us being in such a good place. Why not ?

Helpful no skeptic on here has ever offered a view on gold price good or bad. Stop making things up.

Sad reality is the share price does not respond to gold.

Lots or reasons why which I listed this morning

As I have said many times Nike so do I.

I would be the first to say I was wrong.

Any balanced assessment would conclude its in real trouble.

Let's hope I'm wrong.

Maidit even sounds like Helpful now bed wetting !!

Is it just me or is he slightly more subdued and down trodden than normal ?

Can't be much fun being wrong time after time year after year.