Member Info for Banburyboy

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

Or take all the profits - if a deal is too good to be true they incur all the costs wa rake in the profits it normally is too good to be true.

Maybe illegals left behind 16 wash plants :)

AIM to produce the maximum of 768 grammes a day [27 ounces] they need

- 16 washing plants

- processing 6tph each for 16 hours EACH.

- Stellar gold quality 0.5g per tonne.

That's everything maxing out.

Assuming a generous 50% RRR share that's a year to get 5000 ounces net to RRR. Helpful said we would produce 5000 ounces soon !!

It's tosh as ever from Helpful evidenced by the companies RRR own presentation.

Don't know about others on here not reading or is Helpful just playing the fool.

To be fair mohamnx a list of twenty five separate posters on here and ADVFN, including you have called it right for years [ list provided on request ]

It's called bitter experience and once bitten twice shy !!

Laughing my socks off about 5000 ounces net to RRR happening soon. Helpful has over reached on this one. News has some seriously tight fitting blinkers.

All we get is accusations of short trading, conspiracies and acting in concert. Sadly its as simple as many years of failure and disgruntled current and ex shareholders.

My last post assumes a 100% RRR interest in FASO of course its probably only half that and as we contribute nothing the contractor probably takes any initial production. Helpful has really messed up and "5000 ounces will take no time " will enter RRR folklore. Comedy gold.

5,000 should take no time !!!!

He means ounces.

The presentation has sensitivity of grammes per day ranging from 24 grammes to 768 grammes.

With 28 grammes to an ounce on the most optimistic of assumptions we produce 27 ounces a day which means 5000 takes six months.

The most pessimistic projection is 24 grammes a day so thirteen years.

A mid point for 5000 ounces is six years. In Hapless speak no time.

Hapless spouted the same rubbish on Tin Hill as many will remember. Worth £80m just run it through the first equity model.

And he accuses posters of making things up :)

Never mind the kit AIM.

Consider the quality of our geologists "fu**ing gold everywhere" Pure class.

Seems our partners are investing a lot and RRR nothing. Talkinto a really informed poster bemoaned the lack of any formal governance on how the relationship would work.

Would be typical of RRR to get nothing from it or just crumbs.

5,000 should be easy more ammunition to hold Haplesss feet to the fire. He's got nothing right in five years.

Good post Blue.

On 20th April 2021 in response to a Helpful post entitled Gold Price you responded

" Yawn post as many links as you like it won't make a jot of difference"

The SP was 0.925p

Three years later Helpful is still relentlessly posting links and just as you said it does not make a jot of difference.

News - take a look at the othe board some great posts today.

Ask yourself a simple question why are 30 -40 posters on this board either skeptics or balanced (Spec and Robins] Perhaps we are all short sellers ? It's called irony.

Only three posters keep the faith you Maidit and Helpful our resident insider.

It's called 20 years of collective experience of watching failure by the many posting on here and ADVFN.

Lithium and DRC look stalled its all about FASO now. I've watched this share for 13 years and it's allways over promised and under delivered.

FASO IMO will be no different and to fair to RRR and Bell they have not bigged this up that's all done to Helpful. He just gets worse.

He's well overdue a result. Will this be the one :)

Points 8 -10 of Helpfuls 15.19 post are illuminating !

Once they get the mercurial $7.5m over the line " I expect they will want to chat to me Helpful about what the eventual claim will be"

Sounds like he's an insider advising the company.

Should not really be posting at all but has no moral compass.

I love the way he dishes Lenigas for having no self deprecation and says we need to frame Lenigas comment about illegal minors

Helpful has such an inflated view of himself not once has he conceded or reflected that he has tipped this for five years relentlessly from 1p to 0.0575p.

No self deprecation from Helpful he's absolutely unaware of how shockingly poor his advice to date has been.

Still we know now gold every f**ingredients where in FASO Helpful says so. Must be true lol

In May 2021 RRR swapped its shares in Elephant Oil limited for shares in Elephant Oil Corp with the intention of a listing and fund raise in the US in Sept 21. [ AB interview with Proactive ]

For the last few years this has featured as a promised nearly event in the accounts and chairmand statement numerous cash has been raised off the back of it.

Little or no progress just like DRC. Sorry you might not like it but thats an unfortunate fact.

Elephant - five failed IPOs. No one is interested.

News working hard.

Dukey has said he won't post again if we get the DRC $7.5m.

I will join him. A caveat from me though.

I think there is a small.outside chance we may get something. Bell talked some months ago about taking half. I suspect we might have to revist that and after legal fees kickbacks and all the rest there won't be much left.

If we clear $3m net from DRC I will retire like Dukey.

Come on guys it's as clear as the end of your nose its unlikely to happen. The one person who will know for sure is Hapless and he studiously steers clear of DRC and is plugging FASO. Tell tale sign !!

Still ALR FASO COTE and Kenya worth tens of millions each so we are told by Helpful.

Hapless and News are having to peddle very hard. Bless

Lots of pointless links and non relevant commentary from Hapless today.

Anyone think he's paid to post or an insider perhaps ?He might even own 10% of ALR , some CLNs, lent the company money and tried to buy the securitised charge.

All of this he's told us.

His advice is not impartial and if past performance is anything to go by his advice is not very good.

Indeed Dukey

I've no proof but it's more likely Hapless is paid [ in kind or inside information] than anyone else on here.

He even mentioned earlier that Bell was busy but he would have a word if needed re shorting. News and H5O are blind to the "robbery" happening under their noses :)