Member Info for Banburyboy

We all make mistakes don't worry.

We are at cross purposes. I was referring to the 2544m ordinary shares. My question is what's the authorised number of shares ? Could RRR issue say another 500m.

You were suggesting not as no headroom. I'm not sure your post clarifies as it seems just to relate to warrants and CLNs

I've seen nothing in the public domain on the authorised share capital. What's the limit ?

Also it has billions of low valuation deffered shares. Anyone know what they are and why they exist. They dwarf the current issued shares ?

Helpful - if we had anything sellable AB would have sold it by now at whatever the price. Just like Jupiter.

Not an option. DRC / Elephant or bust.

Limon smelter charge won't fund AB bar bill.

Raise Friday :)

Helpful spin it anyway you want but the single completely auditable fact is the SP has not done well under the last few years when you have ramped it relelentlessy.

That could changed but as a financial advisor you will be aware past performance is oftern a good indication of the future.

Without a cash injection [ DRC or Elephant] this is in a death spiral.

And to add date of reseach note price was 0.26p . Buy 2.6p !! You could not make it up.

Helpful was bigging this up since January 23 issue guess what share price has halved.

Par for the course :)

Thanks Helpful date of reseach note Jan 23.

Comment on realisation of assets DRC soon Elephant soon. ALR two months plus. Ballarat 6 months. All the rest TBD.

Huge amount of slippage allways the case with RRR and nothing nowt zero delivered.

In the case of DRC the assumption is 100% realisation. A year ago I said 10% tops and revise it down to nil.

Presumably these guys just present whatever the company and the companies financial advisors (:)) tell them to.

I would stick to posting links on price of metals - not relevant to RRR but not misleading like an out dated reseach note with all defined targets in it missed.

Helpful - my problem is you. As a financial advisor who is indirectly interested you should do the professional thing and stop posting.

Do you have no contrition for the appalling steers ( caveatsed by IMO but DYOR) but allways implying a multi bagger that have cost investors a fortune. We all know you havnt but will continue to do the right thing and call you out.

Helpful has lost unwary investors in RRR a fortune. Shorts Creek !! If RRR polished a tu*d Helpful would be bigging it up.

Meanwhile no news on DRC ? Is Elephant ever going to float ? Can't see anyone buying in myself. Fund raise this Friday and price being worked down to pre arranged level to allow mates in. We then have a spike on some less than specific news to allow mates to escape at a profit. Only one loser here RRR shareholders.

Trade I think unlike Helpful you are genuinely balanced. I agree on too many plates and think Lithium has potential but recent election coverage on Zimbabwe shows its not the safest place to do business.

Where I think you are far too optimistic is DRC and EO. The former is unlikely to happen and Bell is just spinning the yarn to fund raise the later looks hugely over valued and the IPO has been pulled numerous times its a case of join the dots on that one.

On balance given the above and the Bell factor - mates rates / hidden loans / dodgy dealing you will be lucky to see 0.3p again.

I said that to Spec months ago when he averaged down. The drift in the SP is saying wake up and smell the coffee.

Helpful as you have been saying for ten years. How much has the share lost since you started ramping it ? As a financial advisor that will I hope be alert to that ?

This was the date the ruling for $4.4m was upheld in RRRs favour.

I completely agree the SP will fly if the cash is received Given the elapsed time and the statements that the purchaser has the money in the bank to pay over pending a final decision I think the probability of RRR getting its cash is remote.

Sorry to rain on the parade but this board more than any needs a sense of balance.

Not the only news Trade but duplicitous conduct on DRC means treat with caution any other news.

I note helpfull is bigging this up massively. He's been doing that for five years and any one investing would have lost a fortune. Let's get DRC over the line before we big up further Glencore claims. If our Glencore claims had any merit they would have taken us out by now

Trade you are really optimistic on DRC.

I've a funny feeling your enthusiasm might taper as we approach Xmas and the excuses are wheeled out.

Many on here have seen all this before let's hope it not a repeat :)

And for the doubters only Bell would have the neck and duplicitous nature to pull the DRC stunt twice. :) Helpful will of course shrug it off as no consequence other holders may think differently.

Duke I would not stop posting.

You are right. RRR cash burn is eyewatering and a raise is inevitable. Debt is oftern hidden and in some case the accounts publication delayed to keep it so for longer. Its called sharp practices and dodgy governance.

Bell as you say has been duplicitous in the past and unlike others on here I'm not convinced DRC will happen. Others have pointed out the lack of public documents or independent news and it does raise doubts.

This board seems more upbeat than normal so good luck to investors. Let's hope I'm wrong on all three counts :)

Lots of excitement re DRC.

We have had so many events where positive statements are made to shore up the SP or facilitate a raise and a pump and dump.

Maybe this time it will be different.

Or maybe DRC is no more imminent than it was when Bell first used it 18 months ago.

I hope for holders sake for once this company comes good.

Helpful you should not be posting.

Previous post tacitly suggests DRC is close to over the line. You and the company have been saying that for 18 months.

Even if a miracle arrives and we do get it. You of all people should not be posting.

Amaranth- you will see nothing of any rise. This company is run by mates for mates. The governance is appalling.

Helpful has been posting how fantastic everything RRR touches is for 5 years plus. He has been wrong on everything. Perhaps on Lithium he might be right but he will win not you.

Helpful is conflicted and as a financial advisor if he had any form of morality or balanced judgment he should not be posting.

You are seriously conflicted . Completely unprofessional that you are still posting.

Panda - you are at the tail end of a long dialogue around Helpful. He is conflicted and should as is proper for an insider refrain from posting. Even worse as a financial advisor he should know better and ignorance is no defence. I agree with Spec he should be reported.