Member Info for Banburyboy

That's you told Lundy.

Never mind it ain't done till its done.

It ain't done as it was never true or was totally misrepresented is more RRR.

You were bullish on Boulon. Mapping was due in October and is now over three months late [ 8 week mapping programme] . Nailed on impairment. Licence expires in a few months.

Tin Hill Bilbale Boulon all failures despite soaring commodity prices.

Very quite on the mud huts remember the one you said was worth billions.

What a fool you are.

Very strange David. Bell thinks it's in a warehouse and will sue if its not ! So much for the CEO / Chairman safeguarding the company assets.

Over two years ago Bell prepared two versions of the accounts [ he said it and its matter of public record] one with DRC included and the one published with it excluded. The only thing stopping payment he said was the late 2023 DRC elections. That's very strange to. Ever feel you've been "had"

Dan they reaffirmed the $1bn in November 25. virtually towards the end of the year.

It's relatively safe IMO.

Let's hope Sekforde is right on the potential upside

Really relevant and interesting Ride dalce.

Looks like Helpful has it wrong again.

Good luck to all holders.

Https://minestarters.com/incubation/

PoW has a stake in these guys launched yesterday.

I'm not expecting Bell to submit any of his assets for funding because as Hapless knows they are all rank average at best.

Notice you don't rise to the challenge on the ZPHR board posters and are hiding back here ? The responses show on there you have been shot to pieces.

Not the sharpest knife in thd block our SP Lundy !!

With your track record of success Lundy ZPHR will no doubt do well.

Any other shares you don't rate ?

Hapless - Trolling me and getting completely schooled by the wise man over there.

Despite all his research he does not yet realise its a gas play. Stupid beyond belief.

"Had a Nikeair180 moment"

So you failed to find a tree in the forest ?

Minor stuff Tray

But DAL are up 37% last night [Greenland exposure] RRR have sold their Ivory Coast licence completion on 31st March. Share value after rise 500k.

RRR owe POW 500k at the of March [ which they have no chance of paying IMO ]

If I was Sean I would make a pitch for the DAL shares as final settlemen on New Ballarat, which could suit RRR as they don't want to dump their holding all at once and its likely to be tied in anyway

Deal not done yet Hapless. Remember the post you told Spec he was an idiot and you said nailed on December.

Remember how you completely called wrong the recent share issue.

"Ask why they only need 200k" to then have the sucker punch of a share issue later in the day.

You have a habit of calling this share wrong.

As David says a year since you infamously said three RNS in a day 1 meet president 2. Arbitration 3. Remittance.

You should hang you head in shame. You are the worlds worst advisor.

Yes Noira DAL price up 37%.

Good news for RRR.

Let's hope the risk of them having second thoughts is zero and their due dilligence comes up good. Remember Hapless said it was nailed on for the 31st December and he's an insider.

Deal now defered !!

Value if deal proceeds is about what we owe PoW and to avoid liquid issues I'm sure they would agree a swap.

Not being negative but Bell is not known as the man with the minus touch for nothing !!

Nearly 1% of the company brought back in a week is phenomenal progress. Not quite getting the negative comments on here.

Roly poly SPL

Let's indulge you.

Could it be Kobo have interests in Cote ?

That's the same place we have sold our licence to DAL ?

The deal Bell said was the best of three.

The deal you guaranteed Spec would be complete by 31st December but is of course not.

Could you be bigging up our enormous [ I'm being sarcastic) $2 share of any JORC ?

I can read you like a book.

Meanwhile RRR drowns in debt and interest charges [ including your CLN)

Too little too late a remote contigent asset maybe in three years time 2029 ?which in unsellable today now.

I don't of course know everything but what I do know SPL is you are not the sharpest knife in the block.

Unbelievable you are still here. If you had an ounce of pride, self awareness or contrition you would have slithered off ages ago !!

Helpful my little role poly Mancunian.

This is about specifics of RRR not generalities.

So tell all posters thd relevance of Kobo. I can't see it so please expand.

Did you like my list of SPL personal failings on RRR investments ? You really are not the sharpest knife in the block. What a poor track record.

And the relevance to RRR is ?

Or is our Mancunian going to keep us guessing ?

Noirua - very seldom you leave the ADVFN space.

All the best .

Banbury

What we know

- tipped RRR down from 1p to 0.027p.

- 10% holder of ALR now worthless.

- holder with mates of share in FASO worthless.

- 7% or so holder of Elephant. Fair value of RRR shares marked down by Auditors likely worthless.

- Bell no longer taking his calls and avoiding him .

- Topham who he represents has held during a huge decline in SP can't be happy.

- any ordinary share he has are worth less.

- his CLNs which pay 12% per annum [ going rate 0.5% a day plus 25% transaction charge] is completely stuck as AB won't negotiate revised terms on interest and is unable to repay his loan capital.

Not much of an Investment Advisor.

Huge change in marginality and RRRs back end .

The problem SPL is you are stupid to the extreme.

As I have told you for years, capital is scarce, at these gold prices there are thousands of BETTER prospects than RRR has everywhere else. This means the selection criteria and hurdle rate for acceptance is high.

RRRs assets are rank average and are mainly in poor jurisdictions. They won't be selected. Some detail which of course you know but avoid.

- Kenya , no licence , outstanding since Aug 23, auditor concerns re minimum spend and partner $1m debt. Look at the emphasis of matter statement from the Auditors. They are hugely skeptical of Kenyas fair value.

- FASO flagship BiLBALE fully impaired and abandoned despite rising gold price with equipment abandoned. BOULON semi impaired. Mapping results due Oct 25. Licence expires first half this year. Nailed on for full impairment even at these gold prices.

- Australia nearly two years now and unable to pay POW and secure ownership. Ownership dependent on Arbitration cash which is not a nice place to be. Remember the one that was imminent for four years.

Only a stupid investment advisor could see any correlation between gold price and RRR, and pompously talk about marginality and back ending.

Note all those offers we have had for the £12.5m we have sunk into Kenya . No offers even low ball as its valueless due to contractual issues all of course down to Bell. IMO and DYOR.

Turning to another of your overplayed fantasies - housing.

AB stated in his Chairmans statement to the accounts $21.5m as being received when the MoU was signed ? The contribution to RRR profit in the six months to 31st December Bell also said.

A complete and IMO misleading play on words Nothing was signed no money was received no contribution to profit. hHousing to the laymen looks dead. And probably RRR with it.

Yes the one hopeless guaranteed Spec would all be completed by December.

SPL - the man that gets everything wrong.

Remind us of the SP on your watch ?