Member Info for Banburyboy

Helpful people in glass houses don't throw stones.

You are 30 fold plus down on your rampings of RRR over five years.

Gives a whole new meaning to catching a falling knife.

Zumore - I agree poor look to me.

A month or so back a poster was saying the new Nomad was quite exacting. Perhaps for once AB is getting some push back and has to move his less specific communications from RNS to Telegram. If that's the case we'll done due Nomad.

AB will no doubt base the new comms strategy on the telegram dark side. The only mention I ever heard on the news is the Russian military groups use it so the Wagner types. AB might be lining up a CAR investment or replacement guards for all that TH Lithium.

Thanks trade desk appreciated.

I'm a bit old fashioned but I find a CEO communicating with a niche group to Telegram a bit chava like.

I suppose it doesn't matter if he delivers any jam now ( not tommorrow) in the next few weeks.

Don't quite understand your post tradedesk A dmin a fake Andrew .

I'm assuming you are having some fun at the expense of the bashers ?

Seriously though and this is 100% fact he included in a RNS the statement that he had been negotiating with a party who had no authority for many months in DRC hence lack of progress.

Let's hope he's talking to the right people this time.

Laughton thanks for taking time out to respond. I suspected that but never knew the logic.

I said gas was the big mover unfortunately it moved from 70p to 60p whilst I typed. You need luck and patience with this one.

My buy recorded as a sell.anyone know why ? Is it a good sign or not relevant ?

The recent rise in POO from $68 to $76 adds $75m to FCF. 100k production at $2 POST tax for 365 days. Not to be sniffed at. As we are still utilising tax losses it could be more short term.

Gas is the big mover and shaker moves quick currently sat at 70p but could easily move to 100p. With prod split 50 : 50. Gas movements are much bigger so move to 100p = $250m extra FCF.

Happy with my investment here but a gamble on future oil and gas prices. Great if they could hedge at $80 and 100p which would guarantee a huge return to SHs irrespective of EPL.

Don't panic !! Good luck with it.

This will fly with cash from DRC / EO / the limon and Glencore. Fill your boots

Must be due an update soon.

Virtually every other operator including weatherspoons today have posted excellent updates.

With Peach in the stable any stiff of a good update and I think these will fly.

Took a gamble and put another 2k in. At 5.98 which I was pleased with.

Hi Porridge - you have made my evening.

I reccomend posters spend 15 minutes looking through your posting history.

So many memories and reminders of failures and as you post infrequently an easy read.

You bailed 2 years ago at 1.05. You argued with Helpless [ what a great nickname] who was still there 5 years ago ramping the roof off this.

All we need now is Stephen aka helpful or helpless to show up tommorrow with a few links to gold and lithium prices !

Long term holders can rest easy we don't need Tin Hill as Glencore readies are on their way as are the Limon royalties.

Helpful you are in a minority of one at the moment. Even investors who are bullish (spec and H50) have indicated you have over ramped Tin Hill. But that's what you do over ramp anything to do with RRR.

Helpful it like the song hit the road jack. No more no more no more no more.

Years of broken promises amounting to nothing.

The final promise whuch many beleived was tin hill. We finally had an asset worth shouting about.

I have re read your posts (as I can read) from mid June. You Helpful a 10% holder said sales of the stockpile in a week.

Now suddenly Tin Hill is not relevant

It's not right or fair that you distract and deflect from Tin Hill.

Has any stockpile been sold ? We await the rns

Below 800m this evening.

Sorry helpful to recover the $3m looks like over ten years or so. So very much a long term contingent asset not a debt.

Interesting but fluff in terms of the capital we need.

If it had any value Bell would have "hocked" it or sold at a huge discount. Just like he sold that asset off on the cheap when we were desperate for cash.

Helpful - all any bodies interested in is Tin Hill.

Even by your standards posting that we are owed $3m on the limon really is scrapping the barrel.

As the Duke says - Tin Hill postings please.

Yes don't panic. They have only had one placing in well over a year. Sadly we have had over twenty.

Don't think there's much comparison. One gives SHs a chance the other dilutes to death and is a lifestyle company.

Speculative you may well be right and 4 -6 weeks might be appropriate.

That RNS and the twitter stuff I think rather falsely led many to beleive it would be far quicker.

It is what it is

What we know is plenty more fund raises will be needed which dilutes current holders

Spec - imo Duke posted that as Andrew said sales and production update from Tin Hill imminently a month back. Latest Rns walked it back and helpful who will know walked it back even further.

I'm a realist and I think it would be a mega result if they had 30k in sales. It's the perception that's all important here. RRR never delivers. Tin hill sounded different the one result but more fools us.

The fact Tin Hill is now not important makes me and I'm sure others think it's not a viable operation and Andrew is making things up to get placings away.

We need a Tin Hill update ASAP.

Stevo12

The capital allowances have been taken into account by the company in calculating the FCF. I think I agree.

Related but separately have you taken them into account in calculating the tax ? Tax is after capital allowances.

Your numbers appear on the low side to me.

Also minor but 10% of profit is offshore so no 35% uplift.