Member Info for Banburyboy

A signal Robins ?

Don't get where the next hyperbole comes from

- 200 tonnes and Lithium was just hyperbole. Nothing to see there.

- FASO is clearly slowing and pushed too hard

- DRC just seems stuck.

- Australia stuck until POW deal moves forward.

They desperately need credible news to let the placing guys escape ( not least for them to participate in the next one)

Wheres the news coming from ?

You might be right Kenya ?

Like me Robins you have been here five years plus and I'm just not seeing anything to take RRR out of this downward spiral.

Even Lundy seems subdued.

He posts on COPL.

That share is suspended amongst some seriously suspect company actions. Everyone is hoping mad. Action groups being set up. Investors lost their life savings but one poster Maidit308 offers a view he is hopeful they will get their money back !!

At best he's Wilkins McCawber [ for those who know the Broadstairs king Dickens] the eternal optimist or he's many shillings short of a full pound.

With Maidit as RRR

cheerleader What can possibly go wrong.

I know he's harmless [unlike Helpful ] but as a people watcher it's fascinating.

For long term posters H50 can be found on ORR moaning about conspiracies and shorters.

Strange how individuals fit a mould !

The French have just been expelled from FASO this week final diplomats gone. No British presence ( use embassy in Accra) plus foreign office don't travel advice. 100 Wagner troops in place 200 more to come.

Heatwave in Sahal and 40% of territory under Jihadest control.

The risks are huge and staying safe as Maidit suggests may be very difficult.

Whatever spin Lundy puts on it this is not an easy place to do business and a distinct possibility timescales will drift into 2025.

This company needs one of those cash defining events - DRC / 200 tonnes ( my favourite) / asset sale / elephant / board forgo salary urgently.

Sentiment is so bad and the record so poor I'm not even convinced the next pump cycle to get placing shares away will attract the herd. RRR and its track record are too well known.

IMO only and DYOR.

Maid it needs professional help.

He proposes share buy backs instead of consolidation.

He misses the fundamental point since 2008 RRR has had 180 share issues and returned nothing by way of a share buy back or dividend or capital appreciation to shareholders.

Seriously is this poster real.

Yes Helpful.

Juno has been on the stocksc15 years plus.

Any RRR royalties will be outside of posters lifetime.

Near term interests are more critical to current posters.

- 200 tonnes. Does it exist or has that been stolen like the mine in DRC ?

- DRC arbitration communication dead as a dodo recently. Any progress ?

- Faso you said production last week or this and $230k per month cash flow. That covers admin but a start. Whatscthe latest timeline ? June August ?

These are all here and now issues. Any update ?

Helpful

NTOG is not relevant. This is about RRR.

You have misled people for a longbtime by your postings and we sit at record lows.

Only you make money as you partake in discounted placings and then sell out on a ramp you are party to.

Your job is to ramp it then offload.

It's absolutely disgraceful and disgusting.

To cheat so obviously and be proud about it is obscene.

It's called 16 years of failure Maid and shares which are well over a hundred fold down.

RRR has picked up many detractors on every failure over 16 years. Old timers like Zumore / Dukey / Robins / Trickydicky / Blueboy / Captain Kurt / CGull joined by fresher faces like Dogs and Talkinto. Many more I could mention

No conspiracy just a failure of epic proportions over a far greater timeline than othe boards.

Thanks Helpful sounds more valuable than our $420m claim against Glencore !

What's the situation with the Elephant IPO. We have promised and failed to get it over the line for three years. Where is it now in the process ?

12th April 16.47

" we should be in production sometime next week assuming all the bits off paper can be dealt with if not the week after. The issue is importation paperwork for wash plant, VAT and import duties.

On a reasonable basis initial productions should generate $255k a month of free cash flow "

Him being an expert and all that on everything and everything and the rest of us being idiots that can't read !!

Yes Helpful that was 2008 - Sixteen years ago.

I think for a brief time RRR had a £50m market cap and an SP in excess of 45p.

Within a year the slide started in 2009 :

- 100 BILLION plus share issued. I make it 160 seperate raises on costing pages at Companies House

- £30m raised and squandered

- Jupiter which is now going through the roof disposed of far to early despite Bell saying its dividends would make us for life.

- 25 to I consolidation taking 6bn shares down to 242m in circa 2015.

- Share price today 0.06p. Accounting for the 25 to 1 consolidation the worst 12 months RRR has ever had.

- drifting from project to project. Endless plates spinning not one has crossed the line !!

Time to face facts Sixteen years of broken promises and failure.

Andrew and RRR is an abject failure and has cost many investers a fortune.

Except you of course as a priviledged insider.

-

Helpful pivots from initial small scale start up and Bell going as he doesn't trust anyone with the gold to much larger scale and Bell over seeing Operations.

I think he makes it up as he goes along.

Dogs - And it's for exactly that reason he should not be posting.

He's a clear insider and it breaks every principle of good governance that he posts.

Sadly his posting does the company absolutely no good at all.

Yes Spec - I have skirted around it a lot. But being bold I don't think we have 200 tonnes which then opens up all sorts of questions about everything we were told about Lithium. The minute the company issued the RNS about first truck and then officially annouced we can't tell you anything as its all commercial in confidence the alarm bells rang as I said at the time volumes are not commercial margins might be.

I could be wrong in my suspicion but the company owe shareholders a clear statement about this 200 tonnes as it was supposed to be delivered late Feb early March and Mr Bell said judge us by our exports.

Unless he's playing games with us like he says he is on whether hes took up the placing.

Personally I think he's like a kid in a sweet shop he can't resist promoting this company. Sounds like as I rattled on about all weekend. The reality is doing business in Africa is really difficult and FASO might be slower. Welcome to the real world Mr Lundy !

Helpful is now massively walking back some of the ridiculous time frames he himself has promoted on FASO.

He's massively quiet on DRC and 200 tonnes.

The wait continues.

Is it just me or is maidit away with the fairies !

This could wind itself up and he would find plenty of positives.

Before I'm beaten up - using the term winding up figuratively to highlight Maidits relentless optimism nothing sinister :)

Think Helpful is in a parallel universe. I read the exercisable price in the RNS as 0.06p with three free shares for everyone taken up.

Happy to be corrected and retract if I'm wrong. How does anybody else read this ?

Maidit have you missed they get three free shares for everyone share brought at 0.06p !!! Effective price paid 0.015p

If they thought the share was undervalued which it maybe ( but because of there actions). Why did they not set the price higher or dispense with free shares.

Many of your posts are ridiculous but I think even by your standards this takes the biscuit.

News , Helpful and H50 would struggle to justify this and probably would not.

Wonder when we will sell our 200 tonnes.

Last update said " after Chinese New year late February or early March"

It's gone very quiet on the 200 tonnes.

Pumpky - Helpful mentioned import paperwork.

I think in all his gung-ho predictions he's forgotton the small matter of burocracy.

Hopefully not an indication of difficulties to come as RRR is pretty cash strapped and needs a cash crystallising event.