Member Info for Banburyboy

Bratt next week = share issue. Bell is ultra reliable. Prior to 30th June 22 accounts publication he told the auditors he expected cash flow in 2023 from Elephant DRC and asset sales. He also showed a scenario where Directors did not get paid. It's all in the going concern part of the auditors report. 2023 nearly complete. No income shed loads of shares issued and AB claiming his salary. I'm not buying ALR. Price of Lithium down 70% its not viable even with their own brokers figures. It's a smoke and mirrors effort with the headline of exports to create a spike. Having an export licence or buyer is a completely different to selling anything and getting it to market. Read the small print on the RNS hopefully the Nomad does the job properly so it's not over embellished.

Helpful you've been busy for five years pumping this. Sunday telegraph nonsense two weeks ago exports now. It's never ending.

The small print will reveal a licence to export. They don't have the scale or money to actually export anything. It will be smoke and mirrors. Zumore was the poster who offered you a bet on it. You didn't take him up. Beware RRR - big dilution coming and news never what it seems.

It's fact not opinion that Helpful has been pumping this for more than five years. It is fact not opinion that in that time the SP has fallen ten fold. It is fact not opinion that Helpful has a CLN but no shares in RRR he's told us. Its fact not opinion that Helpfuls CLN makes money and your shares don't. Its my opinion that Helpful has a very low moral and ethical compass for his continued posts.

Maidit no news before GM. Share authority. News. Rise. Issue up to a billion shares in two weeks.

Potentially 30% new shares you need 30% rise just to tread water. Elephant in room = money raised on share issue just pays existing CLN. Warning signs -

- Elephant fifth attempt at IPO closest they have got. But six month monititorium on sale. 700k max. Lead IPO broker terrible record of 85 % loss.

- DRC Jan 22 was imminent. Most beleive its dead

- Zimbabwe Lthium price down 70% in year. Project was only worth £10m over five years according to RRR own broker at year ago prices. Value now probably nil.

Very high risk investment good for trading.

Soon AB will bid you all goodbye Zero to ordinary shareholders the " few" carve up the spoils.

Non publication of accounts on a going concern basis likely to trigger suspension last trading day in Dec or first in Jan. Huge amount of posters on here have been signalling red flag. Be very careful

Neverong . All posters on here want to do is have a chat about HBR. 90% of people disagree with you and find your posts distasteful.

There will be many like-minded people and boards where you can share those views why not use them. You are clearly the same person posting from different accounts when you are banned. You are ruining others enjoyment of this board. Please stop posting. You won't change anyone's mind on here just as we won't change yours. It would be really nice if you could move on. Thanks.

Guys you've been told no RNS until after GM so they can issue shares into the rise. 30% rise will be cancelled out by dilution. Anything over 30% represents a news premium. Given we waited two years ( all three were all deemed cash flow in the going concern statement in 30th June 22 accounts) chances of more than one event is Nil. Elephant is buttons 500k in 2022 accounts and can't be sold for six months. ALR comes with no cash. DRC game changing but smart money is its dead. All IMO called this bang on for five years and never been more confident its all hype and no substance . Dangerous share to Invest in could ba a good trade

PD101 - from tea leave reading ? Or evidenced based research? At the moment the only solid news is GM approving 1 billion new shares needed to pay back the last CLN.

Helpful will allways win as he's a secured creditor not like you and maidit. Positive for him. Negative for you.

Spec it's 9 months old.

The only thing that has changed is Lithium price down 70%. Between then and now

These are RRR brokers they are paid to be pessimistic.

Helpful promised six weeks ago their model would blow our mind. Its not been published as even they won't show this as profitable .

I'm afraid you've all been sold a pup. It's all about gold now.

Looks like Helpfuls posting conspiracy theories now. The pullback from Lithium is all made up !

Of course

The real facts are 5 Chinese buyers and a task force working on immediate exports.

He's seriously desperate :)

Hi Speculative - if our own broker says ALR is only worth £10m over 5 years with prices 70% higher than they are today we are a loss leader at best now ?

I truly beleive its a yarn and as Zumore says its Gold next. Helpful is seriously ramping down the Lithium posts and let's face it he's the only one that really knows. And he can't lose on his CLN and 10% ALR holding.

Much less enthusiastic than normal. Trouble at mill !

Spec the risk is

1 - Bell dilutes the company to death so less DRC spoils for all.

2 - We go bust get suspended or go private. Congo will still exist but benefit whoever picks up the peices on the cheap - the few

I think as you know we are running on fumes. Key dates are accounts 31st Dec and late April 24 when new CLNs are due. Riversfort in my opinion with a nice charge to secure their loan. Accounts will tell more if they are published.

Dangerous share

Yes Zumore and this share will be the death of us !!

I'm just at a complete loss as to how posters are absolutely oblivious to the risk and the complete misalignment between there goals and the few. 1p I nearly chocked.

Each to there own !

Helpful - suspension is a long shot but it will happen by default if the accounts are not published by 31st December 2023. Lots of reasons why Bell might not want accounts publishing.

1 - going concern. All the source of funds AB presented last year did not happen. Will they accept more of the same ? Its waring thin.

2 - information that has to be disclosed that AB does not want disclosing You mentioned the threshold for disclosure of loans yourself.

So a suspension not impossible but 1st Jan

Just like no news until after GM followed by share issue. Which is not new cash but converting CLNs.

You are massively less enthusiastic yourself and it feels like you are just going through the motions.

If people lose on here I hope they question how as an insider you could have provided such misleading advice and questioned your ethics.

AB says judge us by our exports.

Why dont we judge him by his statement to the auditors in June 22 around cash flow for the year to June 23 or by what he told First Equity in January ?

All we do here is dismiss his ownership of multiple failings.

I get the market valuation is low but the companies current arrangements man only the few CLN holders, individuals of high new worth, companies providing loans and holding charges will benefit. Not investers on here (excepting Helpful)

Last post today you can lead a horse to water ....

Should read $12m not £ and over 5 years. Also note

On Elephant

"As outlined in RRR’s December 22, results

statement, a listing price of between $4.15 and $5.15 is anticipated, which at the

mid-point price, would value the Group’s stake at $1.85m. A small risk factor of

5% is estimated for the shares not listing within the next 6-months, giving a

risked valuation of about $1.76m. After a 6-month hold period post IPO, RRR will

be able to realise some or all its investment". Still no prorgress so risk factor actually 100%. Its the inverse of their SP prediction

On Ballarat

"We believe given the breadth of gold assets within the historic mining district of

Victoria, Australia, such a listing could command a pre-money market

capitalisation of around £15m, giving the recent listings of similar resource

exploration companies. Assuming a 75% probability of an IPO within the next 18-

months, a risked estimate of £5.6m is derived for RRR’s stake (£15m * 0.51 *0.75)"

Again no IPO so risk factor of 75% is actually zero.

Everything this company has said it would do it has failed. Its all in their own reports. Time investors woke up an smelled that coffee.

After being given all these msleading assumptions i doubt First Equity will be doing another valuation.

Kurt - i did post yesterday at 7.36 the quantum of all Lithium RNS's from 15th June to 13th October. Its an absolute big fat nothing.

The tweets are so unprofessional by the company as they have never substantiated a tweet in the 10 years i've been watching this.

Lithium price is down 75% since they did the NPV on Lithium and even then the value was only £12m. Page 2

These are RRRs figures endorsed by RRR's brokers.

Forgive the ridiculous valuation only out twenty fold. Love to see their next update ?

https://www.rrrplc.com/wp-content/uploads/2023/01/FEQ-Red-Rock-Resources-19-01-23-Buy-Note.pdf

To be fair liquid you said DRC "this week" a month ago and i said i would never post again. If you were right. I was always safe.

I will offer the same on exports this week - zero nil chance.

One day you will be rid of me :)

Any news will be after GM - simples. It even benefits holders as they will be issueing shares so might as well get the best price.

I'm so sure im thinking of buying in for the spike after the GM :)

He shown as holding 300k plus shares.

Why has he only invested a £5 [ his interim dividend) on 4 shares in the DRIP.

Makes little sense