Member Info for d_s_

Good afternoon

Has anyone heard anything about the current situation with MRS recently?

https://www.mrsplc.info/contact-us

Contact number listed is a 3rd party company - who dont appear to even have MRS listed on their records.....

Love the fact that share price drops on the announcement of receipt of $500k +

No doubt will be used to fund some new investments in a company such as White Elephant Oil or paying directors wages

After holding RRR shares for a considerable number of years and seeing my holding drop from over 13% to under 2% and value drop by over 90% due to the constant “fund raising” and issuing of new shares; I have finally had enough and sold all my shares.
Let’s be honest - doesn’t matter how much money RRR receives it will always disappear paying "misc. expenses", directors salaries and investing in white elephants; sorry I meant Elephant Oil and various other ridiculous investments. I simply can’t understand how a business manages to plough through so much money with so little to show for it.

I am not bitter in any way - you win some and you lose some. From a positive perspective I bought heavily into JMS and that the investment is up around 250%.

Good luck too all remaining holders; but don’t ever see this ship being turned round.

Over and out!

My take on JMS. Share holders have held this stock without being able to sell it for a long time and think that quite a high percentage of early trading were individuals exiting. Just before JMS announced the first buy back I had to opportunity to buy nearly 3m shares @ $0.20 AUD which I turned down at the time as I wasn't prepared to pay more then $0.15 . Prior to this point had bought around 2.5M shares at an average purchase price of $0.108 AUD. I have a bet with someone I know that actively trades and thinks that JMS will reach $2.00 in the next couple of years. Wildly optimistic target price in my opinion. Personally I see this share reaching $0.60 - $0.85 within the next 18 months. Have a good weekend!

Notice of initial substantial holder https://www.asx.com.au/asxpdf/20180417/pdf/43t8hfmq8tvqst.pdf

Please ignore my last post - wrong company sorry

Jupiter Mines Limited ("Jupiter or "Company") announces that the Australian Securities and Investments Commission ("ASIC") has requested further time to review the Prospectus lodged on 19 March 2018. ASIC have extended the Exposure Period by an additional 7 days, to 2 April 2018. A revised timetable for the Initial Public Offering ("IPO") will be released shortly, however the Company remains committed to a target listing date on or about 18 April 2018. All dates are indicative only and are subject to change. The announcement is available for download by clicking on the following links: https://www.jupitermines.com/cproot/773/3/20180326%20Jupiter%20IPO%20Update.pdf

Jupiter Mines Limited ("Jupiter or "Company") announces that the Australian Securities and Investments Commission ("ASIC") has requested further time to review the Prospectus lodged on 19 March 2018. ASIC have extended the Exposure Period by an additional 7 days, to 2 April 2018. A revised timetable for the Initial Public Offering ("IPO") will be released shortly, however the Company remains committed to a target listing date on or about 18 April 2018. All dates are indicative only and are subject to change. The announcement is available for download by clicking on the following links: https://www.jupitermines.com/cproot/773/3/20180326%20Jupiter%20IPO%20Update.pdf

Not quite sure how it is a positive RNS. RRR has received �1,128,523 in 12 months from Jupiter. Will share holders see any of this? Nope. It will all disappear paying "ongoing operating costs" Jupiter share price - think it will rise slightly. Within the next two years dont see it exceeding $0.70 USD. This opinion is as of a shareholder of Jupiter holding just under 2m shares.

Reposting Whilst Magic generally takes a negative view (quite justified) pretty much everything that he says is factually correct. This business has been run by an individual who doesnt have very much business sense. The main reason that RRR eventually downsized and cut costs such as on staff was my continued harassment of AB. Due to the continued issuing of new shares in this company to pay the "operational costs" and "directors salaries" I saw my holding in this company drop from just over 13% to under 3%!

Whilst Magic generally takes a negative view (quite justified) pretty much everything that he says is factually correct. This business has been run by an individual who doesnt have very much business sense. The reason that RRR eventually downsized and cut but primarily on staff was my continued harassment of AB. Due to the continued issuing of new shares in this company to pay the "operational costs" and "directors salaries" I saw my holding in this company drop from just over 13% to under 3%!