GT, again you are missing the point. I made the decision to purchase based on those two RNS's. It is the incorrect information contained in those RNS's that I object to.
Hardly GT. Re-read my posting. As it happens I based an investment decision on the content of the two RNS's regarding the bank account payment and the completion bonus. That poor decision cost me thousands but no retraction or apology was ever made to shareholders by RRR. Unbelivable.
You're missing my point GT. I was putting forward the argument that we must be able to rely on RNS's to be factual so that news, such as today's, can be accepted as true.
Do you not think important that a Company maintains its integrity by publishing correct information in its RNS's? The outcome of the money stuck in the bank system and the completion bonus to lawyers was never revealed. Investors rely on accurate RNS's to assist them in their investment decisions. That was my point.
Joebob, Legacy Hill have been put forward by the company as an entity that could help turn round the Rosa Mine. Do you know anything about them as I got the impression it is a one man band who shared RGM's offices.
Isn't Legacy Hill operated by an ex employee of AB operating from shared offices? Details of past projects would give me some confidence going forward.
Greenland is a mirage in my opinion and subject of huge speculation. Why would anyone spend millions and millions of pounds providing the necessary infrastructure when you can mine in Australia and South Africa for a fraction of the cost ? Won't happen in my lifetime I am certain.
Intriguing stuff. So are we to understand AB was duped? This goes against the old adage that you can't kid a kidder.
But I still fail to understand why in March last year we were told the highwaller was on site and that coal washing operations had started. Was SM or AB responsible for this information?
Does anyone know what happened to the coal washing operation at the Rosa Mine as indicated in the RNS dated 27/3/17? Did the second 6,000 tons arrive on site/ Was there any money received from the initial 6,000 ton batch that was processed?
It seems to me to be like a man going into a casino with someone else's money. Very occasionally a modest win, but if the number doesn't come up so what, someone else funds the loss.
When shares are sold in very small quantities, including just a single share, it is usually an mm balancing his books. Conspiracy theorists think it is some form of code between traders.