Member Info for HawaiifiveO

Bell is clearly aware of a material short position in this stock, he said in the recent interview he was approached by a broker who wanted to offer Red Rock money via a placing as they had one client interested, he declined and suggested it was a way they could close their short, he then elaborated at some length that he wanted to hurt these people and hurt them very much, then commented on the antics of market makers.

I would really love to know who is behind the 24/7 bashing brigade on this thread, my bet is they are not here for pleasure, they are here for financial gain, some could be 'working' from overseas. But now the tide has turned, if someone is 1b shares short every .001p increase costs them £100k, that is real pain, oh dear !

There should be a RNS tomorrow, maybe it will cover more that the housing project, he recently said that the housing project will give Red Rock 'a absolutely massive revenue stream' 1m+ houses in the recent Stockbox interview.

DYOR etc

My bet is there is

Bell has clearly delivered.

Hope the shorts get well and truly burnt, the size of the housing project is massive, Bell has given the numbers historically, where can the shares go is anyone's guess but multiples of the current £2m m/cap IMO, Bell has implied that.

It is on the Gov website now.

https://marche.armp-rdc.cd/jobs

DYOR etc

So Bell has done it, official documentation signed today for the sum of $7.15m for the Koto srl for the wall panel factory (lot 1) in Kinshasa (RRR has 50% of Koto)

The first of many proposed factories.

Document with official seal signed today, posted on the Telegram group.

RNS should come tomorrow IMO.

Brokers working a share exchange through the market is not an unusual occurrence, looks like the ex directors have been dumping their (probably unexpected) windfall and the stock is being acquired by parties with a longer term view.

I think the last premium cash raise showed that someone had belief in the outlook here, what we all know is the share price can move in wild gyrations, late January it hit 2p and now sits at just .60p to buy.

The recent weakness looks like a distressed seller more than anything sinister, one has to decide whether to buy the current low price or possibly sit out the potential of another run back to the circa 1p/1.5p range.

Well for what is worth I have taken 1m of these at what I deem to be a basement level, over the years GRL has served me well from a trading perspective.

The dump yesterday could simply be as a result of a distressed situation, no evidence of any large selling in the week beforehand, so maybe a one off.

Remember in late January someone was happy to put in £2m at 1p a share.

The shrewd are buyers at current levels, ignore the trolls, they were bashing when the share price moved from 0.02p to the recent RNS open of 0.03p, a 50% upside event - it will happen again make no mistake !

DYOR

The market is finally realising how under valued Shuka is, buyers were active Friday and no wonder, sub £4m m/cap with a soon to be $6b in ground resource at Kabwe - has to be one of the lowest valued plays in the junior sector currently.

Guess you cannot rule out a takeover approach - the Kabwe zinc mine is world class, SKA valued at just £4m ???

Recent bonanza zinc grades declared !

https://x.com/Oilplayer2009/status/2065443123325440187?s=20

The shares have been has high at 16p a few years ago.

Remember this was 6.5p in January and that was before the start of the drilling at Kabwe zinc project which have since reported bonanza grades.

The added bonus here is the free float is tiny and the SP usually moves dynamically, the current price is a gift, under radar and unloved up-to now but not for much longer !

Placing shares nearly washed through the market - remember what happened after the last placing, a few days it dropped to the placing price (.0185p) but then it rose 55% to 0.028p not so long after. That was before the material news that has recently been released and there is more to come.

Make no mistake this will continue to rise in price as momentum builds, there were buying paying .030p recently !

DYOR etc.

Something is brewing here, lots of corporate activity expected, well discussed in various groups, the recent drilling results from Kabwe have been exceptional.

Still sub £4m company but with an in ground resource worth $4 billion and that is likely to be increased by 50% shortly.

Cheap as chips !!

Plant optimisation will continue over the weekend and there should be a very good update within the next few trading days, it is very clear, under new management, PREM is an entirely different investment proposition and from a VERY low base.

One wonders if/when Glencore gets involved ?? Exciting times !!

DYOR etc.

I can see this heading back into the 0.03p's, it was marked up to that on Monday following the Operations Update RNS, over the weekend the plant will optimise so you can expect another update - all the credentials of viable operations are there to date.

If they confirm commercial production the SP will rocket from current levels.

DYOR etc.

Worth remembering they opened the SP up at 0.03p on a recent update, the only thing holding the price back was the upcoming capital raise - more news is expected (also keep an eye on social media)

Circa £8m m/cap is too low plain and simple - no wonder buys are flooding in at current levels.

DYOR etc.

There is the funding folks, most probably forward sold, now is the time to buy !

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Always pays to buy the dip in a quality play like SML, the shares remain materially oversold, you can bet what you like they will not want to sell many around current levels, the shares traded at 5.5p just 9 sessions ago and were 7.3p late April.

Stop losses being triggered, market makers on a fishing exercise, seems likely, when a bounce comes it will be dynamic, chart history tells you that.

DYOR etc

Well for what it is worth the RSI is at it's lowest for 2 years, the stock is materially oversold on technical grounds.

As others have pointed out the drop from the April 7.4p high has been on pretty low volume.

I would suggest the shrewd are buyers at current levels.

There is no doubt PREM are making excellent progress operationally, ignore the noise, think where the share price would be if the progress made since Roach left had occurred under his tenure.

A change of leadership has changed the investment profile at PREM, reminds me what happened at MTL, after years of failure under the old guard, sub 1p share price & £100m of debt, new team on the ground resulted in a massive turnaround, all debt paid off in 3 years, share price hit 15p recently.

Current m/cap of PREM just £7.8m is far too low given recent events.

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