Member Info for Banburyboy

Love the optimism.

FASO minerals laid accounts in late March for the period to 30th June 23.

They spent £71,352 on the licence and have £208,770 in creditors. Net liabilities £137,418.

I think you need a lot more information before chucking around $10m valuations.

Let's see what the next RNS brings.

Quiet on DRC and 200 tonnes I almost thought did they ever happen ? Let's hope FASO fairs better and is not a similer mirage.

For the public record Helpfuls FASO numbers.

-5,000 ounces net to RRR

- $550 per ounce cost

- 1,100 tonnes throughout per hour.

Let's hope he's closer than his 1 -5m tonnes Tin Hill quote [ curtesy of Zumore]

Kenya has been mothballed for 15 years.

We owe Kansai $1m and have for years - paid for wait for it out of DRC cash !!!

Nothing will happen in a day visit he's just in transit.

Helpful on 20 ounces a day net to RRR. Means his 5,000 ounces takes ten months.

I would be truly amazed if we achieve that. My target is a more modest 5 ounces a day net to RRR.

Never been wrong yet on any of the hyperbole. 200 tonnes of Lithium lol !! Might be wrong this time. Time will tell. But we should all agree RRR allways dissapoints. Its a hard habit to break. First time for everything though !

Yes Dukey

The absolute nonsense that H5O spreads about shorters, is eye watering in its ignorance.

The major PIs who partake in the placing have been playing RRR for years.

They allways sell into the rise.

When they don't we will actuslly know RRR has found something and is on the up.

Unfortunately been playing this game for too long and 4 billion shares in issue means 0.2p will never be hit again leaving many underwater.

Big question is FASO is it the real deal or more Helpful bravado ?

Fascinating to watch.

More useless links.

Closer to home our resident insider was chucking around some eye watering starts for production ramp up. Tem days trucking one day flying in kit allready on site. I may be mistaking but can anyone remember did he say production by the end of April ?

Bensi - the filter button is ready made for Rookie and Jeff.

I actually forgot they existed until you mentioned them !

I think i prefer Helpful ex military expert offering his view on geo political crisis.

I don't think he will be right on the Israeli response but he has more chance than the normal fairy stories. 5,000 ounces net to RRR soon, cost $550 and throughput 1,100 per hour !!

Neighbours posts and comodity links for five years !!

Shame the neighbours have all the desirable plots and properties.

To quote Oascar Wilde Hapless and RRR are in the gutter but looking up at the stars !!

AiM he has me on filter.

Tell him we will judge FASO by :

- 5000 ounces net to RRR soon

- 1,100 tonnes throughput per hour.

- $550 per ounce cost.

These figures should embaress him. They are ridiculous but all from his postings in the last two weeks.

Maidit - we have had over 100 placings.

In every instance the buyers have been happy to offload into a rise for a 20% gain plus.

Theis means anything above 0.07p they will offload in spades.

Why will this be any different

They are not investors its transactional to them and known as "the Bell gravy train"

How much would those who HELD have lost. Its a winning formula and sorry but you are not part of it.

Yes AIM - I have long thought governance on this share left a lot to be desired.

DRC is rather binary it will or it won't be received and at worst the company has been far too bullish.

Lithium and ALR is a completely different matter. I think the evidence raises a lot of skepticism that the fact were as presented accurately. First exports, stockpiles photos , Chinese buyers.

FASO we will soon see. To be fair the company are more measured in there statements on FASO. That's more than made up for by Hapless who has come up with some ridiculous figures. We called him out on ALR and will call him out on this.

Not sure i buy that maidit.

Rather- RRR has a very long term pattern of over promising and undelivering on its prospects and issuing too many shares too oftern.

That's the reason SP is 0.06 ?

Just an alternative thought ..

We shall soon see is FASO more of the same or different ?

The higher the gold price the more the incentive to steal it.

Price of gold is secondary to having operating conditions where their are no losses, pilferage and proper on the ground security and governance.

Helpfuls comment that Bell trusts no one will act as a huge constraint on scalability.

Hapless meant it a positive spin but its actually really worrying.

Bell will have to be very vigilant to meet all ofHaplesses predictions. A reminder

- 5,000 ounces net to RRR

- 1 , 100 tonnes per hour throughput

- $550 costs to produce an ounce.

Good luck with that one

Helpful you posted endless links to prices which makes no difference.

Don't you think Andrew having to go to FASO as he does not trust anyone with the gold rings alarm bells in terms of security on any ramped up operations. I know you posted it as a superlative positive but for many investment advisors it would be very worrying.

Gold price links are less relevant Helpful than your predictions

- 5,000 ounces net to RRR

- 1,100 tonnes per hour throughput

- costs per ounce $550.

If you are right on this RRR will be multiples of the current share price.

The problem I have is you've never called anything on this share right.

Going to sound a bit naff Triumph but neither an ordinary Jo with around 160k of shares at say 3.1p average.

I was thinking sell at 2.1p if it gets there 30% loss.

If there a full sale that's it

If we go through the arrangement buy the rights which I think have vested and anything over 2p I break even.

I'm lucky in lots of respects respects as I might escape with limited damage. Feel sorry for LTHs to think they were over £2 and had an offer.

Or maybe he's in a boiler room Flightman.

News you will have to pedal and post much harder to promote this one I'm afraid. The death spiral seems irreversible irrespective of commodity cycles.

Triumph - my buy in price was about 3p so relatively I'm lucky.

I think the warrants are fine at 4p

My main problem is the placing at 1p feels to low.

Don't really know whether to stick of twist on this one.

Three numbers from Hapless to keep an eye on.

Throughput - 1,100 tonnes per hour

Sales net to RRR 5,000 ounces

Cost to RRR - $550 per ounce.

This is what he has publicly said over the last few days.

Just as Andrew said on Lithium judge us by our exports, let's judge hapless by these numbers.

Good luck all.

Billbob as the effective date is the 9th you get your rights anyway.

I have a lot for me 150k of shares average 3.1p

Thinking of selling if it's 2.2p.

Take a small loss if sale

If they go with current plan I get 135k of rights. If they can reach 2p. I escape overall at evens.

I must confess this is a lot better than I feared but I know I have a low entry price.