Member Info for Banburyboy

Dukey - I wish them luck to. To be fair the company has not ridiculously ramped FASO. Helpful has. He's a certainty to have egg on his face and allready has [ 1,100 tonnes an hour and 5,000 ounces net to RRR ].

Numbers will be far more modest but for a company that's achieved zero modest is progress.

As usual he is very excited about where we are going.

He's been excited since Greenland but has delivered zero zilch didly squat ever since.

The hype on FASO is identical to Lithium and look how that landed. More of the same is an odds on favourate.

Agreed Miman.

Our resident insider [ owns company CLN lends company money etc] Helpful had us all in stitches he has repeatedly quoted 1,100 tonnes an hour.

It's absolutely made up rubbish.

The company's assessment in the presentation looks reasonable with a range of outcomes.

Poster Helpful just makes stuff up.

5,000 ounces net to RRR SOON he said :)

Talkinto

At 31st Dec they had 82k cash.

Borrowings were 2.773m.

Some of the short term stuff is at an APR of 40% derived from the accounts.

3 months burn will be 600k to 700k possibly more as they have commitments everywhere.

So fair estimate of debt at 31st March 24 = £3.5m

DRC won't go far when you consider

- we have 2bn more shares raised off the back of imminent

- the increasing debt pile.

They are really coy about whose financing them.

It's comedy gold.

Helpful / Lundy has not even read the presentation he posted on here a number of times.

He's just making numbers up 1,100 tonnes per hour 5,000 ounces net to RRR !

Now he's saying he's not wrong its RRRs presentation.

Comedy gold from our very own pantomime villain.

So we don't rely on company issued information when it suits Helpful. He is priceless.

Forget whatever the company says. I think Helpful thinks he is the company.

Dogs - you came in with an open mind.

Would it be fair to say you are gravitating to the bear side.

This company is utterly astonishing as I like to say Bell could fall in a barrel of nipples and come up sucking his thumb.

FASO seems to good to be true. But then again so did ALR.

What could possibly go wrong :)

How many times has he said we can't read and we make things up ?

The numbers have been issued by the company they are in black and white page 12.

Helpful is just making up numbers and is doing the company no favours. Andrew etc need to seriously consider gagging him.

Also the grades in the presentation are 0.25 to 0.5 grammes per tonne.

Helpful has inflated them to 2 - 4 grammes per tonne. Only eight fold !!!

And he says we can't read.

He is making himself look more like Del Boy every day.

Helpful has quoted 1,100 tonnes an hour four times now !!

He's now saying 50 tonnes per DAY - 10 to 16 plants = 500 to 800 tonnes per DAY.

Quickly changed his tune.

The man's an idiot and can't do maths !!!

Note a Reach announcement.

Also wash plants arriving by air !! Our resident insider has suggested many times shipping then trucking.

Listened in full to the interview looks like Lithium has been mothballed. Still no explanation about the cash flow implications of purchasing 200 tonnes of someone else's Lithium and then just leaving it ? It makes no sense. A third party would be out raged and want paying. I'm still of the view the 200 tonnes is dubious and was a face saving measure after all the ridiculous five Chinese buyers task force and Helpful screaming put the numbers through the first equity model $50m minimum.

He's at it again with FASO

- 1,100 tonnes per hour

- 5000 ounces net to RRR soon.

Let's hold him to these numbers I think he's over by a factor of twenty about what the SP has lost in the time Helpful has been tipping it.

Finally Greenland any ideas why after thirteen years it's costing RRR 160k a year !! That was a shocker.

Good day all.

Banbury

Helpful to save face has the presentation been updated to reflect 1,100 tonnes an hour from 786 tonnes a day and 5,000 ounces in say two weeks ?

You must have serious influence. You must be an insider

News get over there and start posting.

You need to widen your horizon.

Thanks Spec - News is a nut job.

ACA and KPMG for me.

Not sure why accountancy is not a trade - I have him on filter as its nonsense and his posts very poorly presented.

I've followed RRR and Andrew for nearly fifteen years. Only Zumore and possibly Robins has been around longer or as long. Helpful I would say has been here eight years.

News comes out of the blue when Lenigas RNS lands say three months ago and knows more than anyone. Sorry he's an idiot and best place for him is Filtered.

Fair play Spec.

And thanks for bringing a sense of balance of reason to the Board.

Spec I took that as being middlemen as opposed to a genuine claim so a slightly and possibly more upbeat take.

What allways strikes me is how poor a public speaker Andrew is. Hes what we call in my trade a public school bumbeler. He sounded rather downtrodden to me and resigned to a long haul.

Agreed Spec but are you more or less confident than you were say over a year ago when you joined this board ?

Single problem with Andrew is he does not admit risk. So on a risk weighted probability what's DRC worth ? Anything from $7.5m to nil. I veer to Nil but balance might suggest $3m.

We are rapidly at the point we've acquired so many new shares and so much new debt the value of DRC at the risk weighted amount is probably Nil.

Unfortunately the SP does not lie and reflects IMO how poorly AB has played this hand.

Nice to see lots of posters lending a hand in the boiler room today.

It's so very hard co-ordinating this consistant negativity whilst at the same time organising a short selling operation.

News that's also called sarcasm or irony.

Helpful is really not helping the companies cause with some ridiculous ramping on FASO.

Anyway what's happening with those mercurial 200 tonnes of Lithium and judge us by our exports ? Very quiet

Love the nickname. Bell and Helpful Del Boy and Rodney ( Hapless obviously Del Boy)

News is an incredibly busy Uncle Albert - Comedy Gold.

If they got one thing right the noise would dissapear. Problem is they can't do that.

Still Friday on 80% of occasions is an RRR news day.

RRR is in a good place, 1,100 tonnes an hour 5000 ounces net to RRR soon. Loving it.

Hapless sets such ridiculous expectations he sets us up to fail.

"The company has said it can be up to 1,100 tonnes per hour, so at volume is the right terms." 9.19 today

The company has not said that at all

Even at the most optimistic of assumptions the company has quoted production at a maximum of 768 tonnes per day.

Its all there Page 12 of the Feb powerpoint

So Helpful accuses me of making up stuff and makes up 1,100 tonnes per hour its actually a maximum of 766 tonnes per day. Some difference. Maths is not a Lundy strongpoint.

https://www.rrrplc.com/wp-content/uploads/2024/02/2024.02.29_RRR_Burkina_Faso_Alluvial_Project_Presentation-1.pdf