Member Info for Banburyboy

Blue - Completely correct 25 to 1 consolidation in 2015, and Bell was selling it as increasing liquidity and tradability of the share. !!

Laughably his hand was forced in 2015 by the share falling close to its nominal value of 0.1p.

So [ drum role] he set the new nominal value at 0.01p so it would not happen again.

With £5m of CLNs waiting in the background anything could happen here.

Still first things first a little entrée of Cote.

Will he get something over the line or has he allready set up the pivot with the mid October comment.

Very interesting share to follow and never dull.

Helpful gold could be $10,000 and it won't make any difference to RRR. We've told you that all the way up and why.

The only thing that will is DRC. That's gone quiet.

A reminder :

1- Just over three years ago it was imminent.

2 - Bell has borrowed £10m in three years from shareholders [ loans / raises] on the promise DRC was coming soon.

3- Dec 23 he even prepared two sets of accounts one with the receipt in !! He said that in his Chairman statement.

4 - 15th January 25. Your infamous three RNS in a day. Arbitration / repatriation / meeting with president.

5 - Arbitrator in Jan 25 not interested told parties to sort it out themselves.

6 - April Bell mentions Supreme Court decision and judge in USA. Nothing happened since.Another avenue closed.

7 - June our eyes turned to the housing PPP deal. $1billion minimum you cried.

Do you really think anything is going to happen soon or are you so hell bent on ramping this you have lost track of reality ?

Just interested.

Indeed I got Saga completely wrong.

But not as wrong as you got RRR. 0.85p down to 0.035p. Remember your posts very jiggy and all those workings 10p you said. Shall I post it again ?

I did far better than you.

And had the good grace to leave when I called it wrong.

Difference is self awareness , contrition, and an ability to say I've called it wrong.

Not in your DNA to admit any mistakes Stephen ?

Nike most people have you on permanent filter. Is that really how low you sink and the best you can do looking at my posts on Saga ?

I know your not the sharpest tool in the box and you are embedded so far up SPLs backside it must be painful but this board is about RRR.

So Hapless I will try again

- debt $10-12m

- Finance charges 134k a month.

- £5m of secret hidden CLNs to who and on what terms.

- six out of seven RRR UK subsiduarys have winding up motions from Companies House.

- RRAL going private. Why how does that benefit SHs.

- you claim lots of interest in Kenya RRAL and FASO. When asked for evidence you can produce for it ?

So know more deflection to SAGA or irrelevance on Mt Ida have a serious debate about the risks / negatives ?

You won't or can't do it as Robins said as there is nothing you can say.

Reliance on useful idiot Nike is nothing to be proud of.

Stephen Paul Lundy take another bow.

Helpful

You posted it with little context or explanation.

Just making sure any potential investers aren't fooled.

So many investors on here have pointed out you need more context on gold price. We don't produce and our assets are not great.

You are incredibly strange for an Investment Advisor.

Endless rampy posts and an inability to even dicuss debt finance charges or CLNs.

Sadly all the name calling in the world doesn't alter the fact in the short and medium term IDA is not an asset that will generate any income to RRR either as a sale of interest or moving into production.

It's pie in the sky with zero company specific context like most of the stuff you post.

Anyway people to see and places to go.

That's far better Hapless much more informative. Shame i had to prompt you.

So I guess AB is very busy trying to foward sell this to create the cash to deal with £10-12m debts and 134k a month[ nine month old now] finance charges.

He doesn't seem to have ever mention it. Slipped his mind like the mecurial 200 tonnes of Lithium ?

Has it fallen down the black hole with all that interest in Kenya RRAL and FASO.

I wonder :)

Still Cote news soon.

GLA

Interestingly in the same update on Anglo Pacific in Feb 12 RRR was getting 1,425 ounces of gold in a quarter from its El Limon mine.

It owned 51% of the mine.

What might that be worth at $4k an once Mr Stephen ?

Indeed Hapless.

You need to elaborate better and tell the story for new posters .

So RRR had a 1.5% royalty on IDA.

In Feb 2012 Bell played a blinder and sold 50% of it to Anglo Pacific for $14m. $6m was received up front.

The conditions satisfying the two conditional payments of $4m have never been met.

We're these conditions anywhere close to being met IMO RRR would have sold the right to the existing deal at a large discount.

They have not which makes me think it's the usual Hapless hype which you have done for far to long.

Views ?

Lots of unanswered questions yesterday Stephen.

You claimed numerous interest for FASO Kenya and RRAL.

I don't recollect anything. We're you fibbing ?

Nothing comes to fruition IMO as RRRs assets are average compared to others [ basic economics says capital is scarce and gravitates to better assets).

Country specific issues.

RRAL ownership issue with POW - whys it going private ? FASO dangerous country, nationalisation and you now tell us Boulon is the jewel in the crown after all the plant and machinery Mike Gittings and Sam putting all that effort into Bibbelle !

Kenya zero activity for nearly twenty years. Ongoing licencing issues and Kansai still owed $1m.

All bets on Cote now ?

You really do embellish and exaggerate this companies prospects and never once refer to risks [ finance charges debt CLNs etc].

Very strange for an Investment Advisor

Thanks Spec.

I recollect that being said. Albeit the feedback might have been from Dukeys contact.

What we know was Dicko was not there with his famous three page AGM list :)

Yes lots of nationalising and a brave soul to buy RRR assets there.

Juries out on that. And I never disagreed

You expanded it to multiple offers for Kenya / Australia / Faso.

Evidence or made up as usual ?

Also Subsidiary winding up and impact of RRAL going private. When you have time views ?

Let's not forget you have called this down from 0.85p to 0.035 so once in your life have a little recognition for how badly you have called this ?

I make things up !!

"We know RRR has had multiple approaches over BF Kenya Australia and Kenya."

Evidence / RNS please ? You are making it up.

Boulon is the best asset but all our effort in 2024 was on Bibaale !! You could not make this up

Feedback from AGM FASO not a good place to do business.

Cote will be fascinating. You actually know I'm right Hapless.

Anyway cat got your tounge on six subsidiarys subject to winding up orders and RRAL going private ? Wonder why that is.

Spec.

The first equity report was accurate on Limon as it discounted it for ten years as the mine was not in production. Luck as opposed to design.

You have selectively chosen to extrapolate RRAL.

I agree it's their best asset but you could equally extrapolate the ALR number Kenya number even Elephant number.

Those three are IMO worthless due to local circumstances on the ground and in a market where capital is scarce our assets are rank average. They have been for sale and no takers.

To remind everyone the report you are relying on was issued in November 23 and had a target price on RRR of 2.8p. The current price is 0.035p.

I would be careful placing any reliance on it.

Can you still sell your £45k worth Dicko ?

What price ?

To fair Papa you are pretty high maintenance even to those heavily invested and bullish who ask IMO very reasonable questions.

We have had a number of conversations and your heart is on your sleeve

In the words of Michael Howard about Theresa May - she's a bloody difficult woman.

You have all the hallmarks tounge in cheek of a similer man.

Feel free to filter me. That's what the button is for.

Speculative

Depends what size of the lens you look through.

RRR has got rid of 100% of El Limon for $2m dollars received 8 or so years ago and £1m now.

It cost RRR more including the money they threw at it to bring into production.

If a 1% royalty over three - five is worth £1m what's 100% infinitum worth ?

Just like Jupiter Mines, Greenland and DRC Andrew has somehow lost the golden goose.

He undoubtedly does spot opportunities but for whatever reason seems to let them all escape before any real shareholder value is added.

Perhaps he needs a better Investment Advisor / Confidante then our man on the inside Hapless.

I know you are one of the most balanced on here but watch Cote carefully ! It will be super interesting.

Hapless - Stephen take a bow - usual lack of contrition and self awareness.

As David [ not me] said at 15.47 yesterday.

You may as well post the price of wheat.

Robert you under estimate ICE.

Incapable of admitting he was wrong or changing course.

Sadly he is now on many other boards acting as the informed authority on everything.

Ardon

Happy to be schooled on ZPHR.

I really don't know that they have "purchased" infrastructure. I'm not seeing it in their RNS. I stress the word purchased.

Can you provide a few material example ?

I am fully aware the $100m is not Paradox but its been mentioned many times by some on here who think it's the dogs bx. I raise it as ZPHR have been accused of missing many timelines. That's a clear one that expires mid November.

Many thanks

Banbury