Member Info for HawaiifiveO

Price is a gift at current levels, the shares were trading at 4.75p on April 30th - that was before today's significant news.

So Bell openly discusses the short position(s) - interesting that !

Finally some real meat to the bone, remember how tight the Nomad has been over recent years, he has not allowed Bell to RNS unless the content is materially verified.

Recent events seem to suggest that finally shareholders are about to see some major restoration of value, we will see, my last commentary here stated I would not post until a Nomad approved RNS was forthcoming, well we had one late yesterday, the market caught napping.

The game in progress, namely, $15m cash compensation, a 'free' mineral licence to replace for the stolen one eventually sold to a major for a suggested $150m+, initial $21m cash delivery to start the 3 factory builds of which RRR is half partner not forgetting the real possibility of RRR seeking compensation from Glen@ore for material financial losses, the claim could be worth upwards of $75m.

Is this time any different to the many false dawns, well it does look like it.

DYOR etc.

This is far too cheap at current levels, the price is down from 7.4p in April, the broker target is 14.9p (which Baron considers conservative)

Baron comment today....

STRATEGIC MINERALS #SML at current valuation levels are a sitting duck as one of the highest graded Tungsten plays globally with the deposit remaining open along strike and depth! A multi decade mine life, an orebody that very likely expands and £Billions in cumulative free cash expected at a fraction of todays metal price.

One has to also note that holding TUNGSTEN WEST #TUN (which soon goes into production) is set to make much of its market cap in free cash each year! Analysts are already talking about how it's going to distribute as the optionality will be immense (production capacity, dividends, buyback but also M&A). Zeus in their recent report highlighted that at just $680/mtu the company will make free cash of $100m per annum but pricing right now is c.$3,000/mtu!

High profile investor and Australian billionaire Greg Coffey (“the wizard of Oz”) owns 3.34% of Strategic and 15.57% of Tungsten West. And fwiw, Coffey recently provided funding for the first phase restart of fines gravity processing at Hemerdon.

Very very happy to be in both and I'm sure it's not just me?

https://x.com/baroninvestment/status/2060269759619371520?s=20

I sense a bit of positivity returning here, the shares are down from the mid 4p's in quick time, are materially oversold and it is a thin market, with a modest amount of buyside momentum you could see a very strong bounce soon enough.

In my view the only thing holding the price back from a material rise is the likelihood of another fund raise, there may have to be one more in my view if all goes well with the plant, I called the last one correctly so we will see.

The good news is they are getting the placings away at higher levels and they are quickly absorbed.

DYOR etc.

JB is no longer involved with SKA apart from being a shareholder, the CEO is Richard Lloyd who seems pretty determined to do things his way.

Apart from on ground operations there appears to be quite a lot going on behind the scenes from a corporate angle, maybe the tide is turning here sentiment wise, the long delays in securing the Kabwe mine destroyed market interest, remember the share price was 6.5p in January and that was before the recent outstanding drilling results.

Investors in the junior space know how fast a stock like this can move, the free float is miniscule compared to peers, sub £4m market cap is base level for certain - the shrewd are gently buying !

DYOR etc

Hole 2 is already delivering, post on X earlier 42% zinc at 250m, I think sentiment is slowly moving to the positive here, given the tiny free float it would not take much to move the dial, still under £4m market valuation - in ground resource valued at $4 billion which could increase to $6b after the current drill campaign

https://x.com/LomunyakLloyd/status/2058856291112526237?s=20

The question is who wants to be out over the long weekend, every possibility there could be a Operations Update in Tuesday, if it is positive (expected) then today's price will be history.

Remember those large TR1's who have recently come on-board, they have not invested on a whim.

M/cap just £7.9m !!

Large late buys, 100m and a 67m - like I said the shrewd are buying the drop.

I see the bashing trolls are out in force today, well what has changed since the SP hit 0.024p on Friday, absolutely nothing.

The next news from PREM could well be a positive site update, think about it, why would PREM creditors be happy to take shares in lieu of cash payment, especially the Chinese.

The shrewd are buying this dip, the sub 0.020p stock will shortly disappear.

DYOR etc

Over the last 3 years I have a gallery of photos Bell has posted on X, pictures with supposed partners, pictures with Ministers, many pictures of him sitting around all types of table supposedly doing deals, various other photos in the DRC, photos of plans/whiteboards and other teases. One common denominator NOTHING ever comes of any of it.

I have no understanding where Red Rock is currently, I spoke with the CEO of Power Metals the other evening and could not bring myself to mention RRR, it was too embarrassing to be associated with such a disastrous outfit.

I personally think Bell is being 'played' in the DRC, entities using him to give some credibility to their schemes, one thing, I very much doubt Red Rock will see a single $ out of the DRC - ever.

How much longer can this charade continue, the only person making money out of Red Rock (apart from the short brigade) is Andrew Bell and few cronies who have loaned money at penal rates, Bell continues to draw a very nice salary / expenses, still, no doubt, thinks he is the AIM equivalent of the former Chairman of Barrack, Mark Bristow.

I cannot even be bothered to read or listen to anything here or elsewhere re RRR, have no idea what the latest bubble story is and this will remain. IF and it is a big IF, a Nomad approved RNS comes out (other than the millionth 'issue of equity') then that may change. Until then, goodbye.

The shrewd are buying the dips, nothing has changed, the broker target of 14.9p remains and Baron deems that conservative.

Friday's opening extended auction was a clue, the bid rose soon after, looks like the sellers are finished, expecting to see a strong bounce in the week ahead.

I very much doubt you will be able to buy under 0.025p much longer, possibly by the end of this trading day. Over the weekend there should be good progress with the plant and who knows, an update may even come Monday.

DYOR etc.

My last post on this board suggested PREM would need to raise again, they now have, it is time to buy again - the shares hit 0.025p recently and my bet is will exceed that PDQ as folks realise the potential - all seems to be going to plan plant upgrade wise.

DYOR etc.

Tweet from Baron a few moments ago, seems to have added again...........

'+29% swing since adding on Friday. £1.8m traded so far today. Don’t average up much but sometimes has to be done on vast disconnects'

https://x.com/baroninvestment/status/2053799124655288675?s=20

No buy quotes available currently

Baron reposted this late last week - he is clearly a believer in the 14.9p broker target which he deems conservative

https://x.com/baroninvestment/status/2045796414752489892?s=20

His note can be read here https://ibb.co/S7WDbxxR

Based on the increased volume Friday PM it suggests the sellers are out, the price action was exceptionally strong as a result.

The shares have come down from 7.4p however the recent broker target was circa 14p - IMO it will be tough to buy size under 6p next week.