Member Info for Banburyboy

Reccomend this post if you think RRR shares are shorted ?

I honestly don't know Robins.

I know they have a long standing liability to pay Kansai $1m which was deffered until DRC received . Helpful will know more.

To be honest when I first invested 18 or so years ago it's was all about Kenya and McCalder tailings and as nothing has happened I don't pay it much notice. That's not to say it doesn't have value but 18 years of no interest is worrying. I mean can you believe this nonsense about me being Congolese and part of a plan to thwart the $460m big prize !

I'm in total shock.

News your on a hiding to nothing.

Too many disgruntled ex and current holders told too many spurious stories over a long period.

Helpfuls ridiculous FASO figures are really unhelpful and doing the company no favours.

AIM - Lithium is one spurious story

The normal operandus mundi is to hope it goes away.

Helpful who owns 10% of ALR so knows the whole truth was very quick to pivot to Tin.

He's normally very open on everything but exceptionally quiet on the 200 tonnes of Lithium.

Bell said they were in Zimbabwe. Company said its not our Lithium after the fiasco of the photos.. Lots of capital needlessly tied up. All very odd

Pretty obvious yesterday's action was SIPP / ISA transfers despite News and HSO predicting the start of a big interest [ they live in hope] Volumes today back to normal.

A good proper RNS on FASO none of this Reach communication would help the SP.

Long long way to go despite what are resident bulls say.

And after the Lithium disaster confidence is low - lots of new Investors sucked in and badly bitten by the Chinese buyers photos and first exports. Definitely not RRRs finest hour.

To add Zumore - he's personally going to FASO as he does not trust anyone else with the gold. The downside risk here is significant but as ever the rose tinted specs are on and the blinkers fitted tightly !

I think AIM there becomes a point where its no longer worth throwing good money after bad and you suspend pursuing the debt.

One conspiracy theory no more outlandish than the theory of spivs / shorters or posters on here being from DRC is that whilst payment is doubtful the idea is kept alive to prop up the SP and keep the share issues coming ?

Not that I for one would suggest that but conspiracy theories are all the rage on this board however outlandish.

I am not convinced a settlement will be forthcoming and if it is it will be smaller than many hope. My views only and I have followed RRR for a long time.

Let's hope RRR has another sustained rise today.

Anyway this is predominantly News board now and I'm sure he will rapidly and frequently plug the mega bull case :)

Thanks Robins.

I don't know whether you have picked it up but News thinks I posted [ then deleted] a post where I used the word Mbele.

Apparently a town and surname in DRC. He has then concluded I work for KPMG in Kinshasa and HS0 thinks its all part of a master plan to ruin RRR and stop them getting there hands on the $430m. A file is being prepared for Mr Bell and I'm for the high jump.

Forgive me for taking whatever News says less than seriously !

I think the most dambing thing Helpful has posted is that AB is going to FASO as he only trusts Sam and the other lad with the gold. It indicates as ever with RRR a lack of governance, shoestring operations and impulsive actions and sorry to say it tin pot scale. How he can talk about Chairman trust issues on the ground and the scale and size he is boasting of in the same breath amazes me.

Still I could be wrong

Robins I have News on [ so don't know what he says but can guess] the 20k trades are probably bed and breakfast ISAs or SIPPS first day of the trading year.

If I'm right let's hope they get a gain

1,000 ounces a week now Helpful - never short of hyperbole dreams and aspirations. I won't add that to the list and hold you to 5,000 net to RRR.

We watch and wait.

As I have said many time Bell could fall in a barrel of nipples and come out sucking his thumb.

The obvious weakness with FASO is the lack of any written agreement of the parties as identified by Talkinto. It's tailor made for a dispute to develop. Let's hope not !!

To be fair AIM

I am on record as saying

- $5m net and more from DRC and I will apologise.

- if we see 0.2p again for a consecutive week I will retire.

- Lithium is my favourite I'm not sure the 200 tonnes exists and was just a let me down for the mugs after the hyperbole. I will.masively apologise if it gets exported.

Helpful will promise nothing.

Thought I would give the cheerleaders a day in the sun today. They need it :)

Helpful - I'm far to interested in this share to do that. I also need to keep you the insider in line

- 1,100 tonnes per hour

- $550 costs

- 5000 ounces.

1 - 5 million tonnes from Tin Hill - why would the Chinese show up otherwise.

This share and you in particular are comedy gold.

And just as living proof as it does sound far fetched here it is.

Stranger things have happened.

https://www.proactiveinvestors.co.uk/companies/news/108559/red-rock-has-less-of-a-crush-on-sugar-dragon-108559.html.

Another lucrative prospect for RRR in FASO.

For those that have been here long enough will remember candy crush. RRR dipped its toe into the Chinese sweet market !!

https://www.observer.ug/index.php/news/headlines/80989-unexpected-strawberry-crop-spins-burkina-faso-s-red-gold

Yes Boris - debt is increasing and will be over two times market capitalisation.

I do think receipt of a reasonable amount $5m after expenses from DRC could provide a catalyst for SP growth but it will be capped by 3.6bn shares / loads of warrants and options the POW deal, people escaping and finally the historic propensity of the company to issue shares into any rise.

All these factors for mean RRR is not pari passu on an equivalent footing to other juniors. Others will disagree but the evidence is pretty compelling.

- DRC imminent. RED

- Judge us by our exports . RED

- Delivering shareholder value RED

- Deliver royalties through are Tripeler subsiduay - RED.

- Income from FASO by end of June- AMBER / GREEN.

Rishi is doing better. But time to catch up.

Key numbers on pledge five to look out for

- $550 all in costs !! Difficult when tax rate is 44%. RRR has £27m of losses but not eligible here.

- 5000 ounces net to RRR sales

- Throughput eventually of 1,100 tonnes an hour. All courtesy of our useful insider Helpful.

Interesting week.

The fact Bell doesn't trust anyone with the gold except the magic circle trio also does not instill much confidence.

Still fair play to Mr Bell for going to FASO not everyone's cup of tea.

All in my opinion of course and a nice change from a News post.

You forgot 44% effective tax News - makes a hole in the numbers..

Helpful plucked the 5000 ounces out of thin air - the RRR presentation refers. Just like he plucked £550 costs and 1,100 tonnes per hour out of thin air.

I had to unblock news for a minute to understand this drivel.

So I allegedly posted that Bell was a Public school Mbele. [ I'm wetting myself typing this ]

I did not post anything like that word.

Like magic the incriminating Mbele post dissapeared.

News has found its a Congelese town and surname.

That naturally leads to I trained with KPMG so the latest theory is. I'm based at KMPG Kinshasa. I've let slip the secret word Mbele and the cunning plan is to thwart the $420m bigger claim. I head the master plot.

News is pickled but the fact Lundy and HSO buy this nonsense is superb.

I would strongly reccomend you prepare your files and present to Mr Bell and contact KPMG DRC with this evidence. It's compelling.

Well done News I've been rumbled :)

Am I getting warmer ?

I work in DRC for KPMG ?

I'm a bit long in the tooth for that ! When I trained the big four were Peat Marwick McLintock. Deloite Haskins and Sells, Ernst and Young and Arthur Anderson.

Love it.

So I'm not a shorter now but I allegedly work for enermies of RRR in DRC.

Seriously you could not make this stuff up.

What's this term only used in the DRC that I'm supposed to have used ?

I have News on filter.

Good luck with your enquiries.