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I see Banburyboy is still bashing 24/7, it's about time Bell carried out his threat and exposed this individual who has delivered nothing but negativity on RRR day and night for a very long time indeed.
It is rare a CEO posts a threat to an individual like Bell did a few weeks back, for certain BB has assisted in shareholder losses, 220 venomous posts on RRR in the last 30 days, ask is that normal without a motive, who is this person and what financial gain is coming from these posts and to who ?
The very fact that BB seems unperturbed by Bell's clear warning tells you all you need to know, he is prepared to risk possible financial penalties to carry out this crusade.
In the meantime the bashing cheerleader has been joined by a few new 'names' to back up the agenda, what a sorry lot they all are spending night and day bashing a £3m m/cap minnow, they say for no financial gain, who are you kidding !
Over and out.
Expect another salvo from that wretched share bashing site Sh@repr@its today, for certain their bashers will appear here soon enough, the posting method of a recent arrival seems to be party to such an outfit.
Oh this market, what fun, no wonder there have been so many city redundancies and brokers going under in recent years, even the ones that remain run on shoestring balance sheets, killing the goose (private investors) that lay their golden eggs is to these entities ultimate downfall.
Anyone trying to short this could get seriously burnt if the diamonds come or if the Swiss investment company delivers funding (or debt) above the current share price as implied.
It is clear the overall debt of VAST has been a drag on the SP for an age, if it is cleared or restructured then that would be a positive.
Just saying.
I wonder what else was discussed, there are buyers of RRR above .10p, it takes a while to re-rate but it looks like RRR share price is doing just that, the market today was not the best either.
https://x.com/ABell2019/status/1757390240275165325?s=20
Looks like a re-rate has begun here, the stock traded at 8.5p in November, moving above the 200 day MA is significant, very little near term chart resistance to 6.5p for a start.
Interesting the CEO also said they had received offers for one of their properties.
Recent tweet.
https://x.com/Share_Talk/status/1757062311829712982?s=20
Looks like the bashers are getting desperate led by cheerleader Banburyboy + the various multi alias bashing accounts, they really have no understanding of market matters, continually refer to historic events, one does not even know what Telegram group is, oh dear, age is really showing !
In the meantime those shrewd investors are buying, why well just lets wait and see.
All of these minnows go through cycles, back in 2021 RRR was valued at £17m at one point, the shares hit 1.35p in February 2021, they have the same projects + a potential windfall of $7.5m/$10m and are now valued at £3.8m.
Buy low sell high, some of the bashers prefer the other way around and are extremely bitter.
News has to come soon enough of Senala, it has to be this month, as previously stated there are 2 price driving outcomes and one neutral one in play.
I would suspect ORR would be pressing hard for cash, either outright stake sale or the $2m for the partner to take up their 70%.
I firmly believe ORR have no interest in Senegal (they said it was non core) other than retaining some royalty arrangement and/or if a full sale occurs it being staged based on how many oz of gold is discovered over a period of, say, 5 years.
Rather interestingly the book firmed up significantly at the open of trading this morning and remains stronger than at any time over the last few weeks. One wonders if an update is coming sooner than later therefore.
From X
#FCM First Class Metals looking well and truly oversold on the daily chart.
I have it on good authority that a distressed seller has finally been cleared. I see no reason why it cannot go on and fill that 6.90p gap (24 November 2023).
https://x.com/mrcod72/status/1756642913205784970?s=20
It appears the oil project RRR are looking at is in Mexico, we will see in due course.
The photo is of a oil well head.
Mexico is one of the largest oil producers in the world (with 1.6 million barrels produced daily in 2022), and the fourth largest in the Americas after the United States, Canada, and Brazil.
https://x.com/RRR_RedRock/status/1756053889168675311?s=20
Has anyone noticed how the multi alias account bashers become hysterical when the share price starts to rise, they up their posts significantly, how pathetic.
In the meantime the clock ticks down to news, it could be multiple RNS's concerning a number of projects, Congo cash, new strategy etc etc.
This is a podcast from Indaba, the first 3 minutes give a flavour of the demand and interest that has returned to the sector, clearly the atmosphere for doing deals has significantly improved, this should be beneficial for ORR, I expect news shortly.
https://x.com/RoastPR/status/1755621930785259982?s=20
I see all the multi alias bashing 'community' are working their socks off today to try and quell interest, one wonders which broker(s) some work for, others are short via Spreadbets or CFD's, then there are the bitter economically bankrupt sort who just cannot take responsibility for their own mistakes by buying in at the top of the last bull market but lay the blame on others.
What a shoddy grubby lot they all are, going over the same rubbish day and night, pathetic till the end.
Tweet from ORR - the CFO seems joyful !
Oriole has had a successful week at #MiningIndaba in Cape Town, meeting with investors, existing and potential JV partners, suppliers, and key figures in the African #mining sector.
https://x.com/OrioleResources/status/1755583916176539840?s=20
A few seem to be latching on that SKA (£7m m/cap) has licences nearby, Shuka re-tweeted the below post, another investor has stated same on X - just saying
https://x.com/InvestorI5/status/1754436209588285490?s=20
https://x.com/Oilplayer2009/status/1755581820387660260?s=20
It is the last day of Indaba today, as far as I can recall it is also the first time the company has not posted a photo of their stand at the show. I have to say I find this strange.
Unusually for AIM ORR is not a leaky ship, I am very much wondering about the Senala situation, we know Managem Group (JV partner) were at the same show and it is nigh on a certainty that ORR would have met them there to discuss options.
In previous interviews it is obvious that ORR want to withdraw from Senala, they deem it non core and do not have management control, do they really want to retain a 30%/40% minority interest, probably not.
I have to say I am staggered by the share price weakness, it is most likely Lanstead have offloaded more stock like they did ahead of the last major announcement, are the decks being cleared for another significant RNS update, it is also worth bearing in mind that punters are taking money out of other stocks to chase the HE1 dream, when that bubble bursts (as it will) there will be a rush to the exit door and more cash will come into plays like ORR.
I am still betting on a positive update on Senala, I seem to recall 17th February is a relevant date, Tim Livesey mentioned this in a historic interview, in any-case a plethora of news is imminent, I still think the next update will be a material and price driving one.
And how many multi alias accounts are there in play here BB, you really are a plum, the more you post the more you give away.
Bell has threatened to expose you, I would think long and hard about that, you alone he has targeted, your obsession for bashing this outfit is logged, there is no doubt you are a significant reason why sentiment is so poor.
Why do you become hysterical when the SP rises, out come the army of bashing trolls soon after. I sincerely hope Bell carries out his threat and you will suffer the same financial loss as the other fellow who had to make a grovelling apology and pay significant compensation.
Under such circumstances most sensible folk would back off but not you BB, you continue regardless, it is for this reason readers rightly assume you are actually 'working' on this thread for entities with a vested interest in keeping the share price down.
It is way past time Bell breaks up this 24/7 assault on the company, most tiddlers have some form of bashing but the level here is extraordinary and well beyond the norm, maybe that is just about to happen !!
Banburyboy clocked on yesterday at 7.20am and clocked out 10.51pm, 15 hours spent rubbishing RRR, the fellow must be working for someone, every claim anyone makes about his motive he denies. Well he would do wouldn't he.
In the meantime it is clear something material is going on at Red Rock, the DRC cash is obvious but bringing in Lenigas (remember he has not only contacts but a mass of retail investor followers) could be game changing from a valuation perspective, is this stock about to follow the CRCL lead by way of a multi bag outcome.
Time will tell, buy low sell high !
Shuka & QGC + Brewer are at Indaba currently, he talks about signing off deals.
https://x.com/Shukaminerals_/status/1754432132498288926?s=20
Everyone knows on the other forum Aunt Ettie is AB, it is worth noting that Regency Mines (who Ettie refers) are now Corcel.
Corcel acquired a new project and their share price trebled recently, CRCL's relatively new Exec Chairman is Antoine Karam, he has brought a suite of new (wealthy) directors onboard - in a fairly recent post by David Lenigas it is clear he knows Mr Karam.
One wonders if, finally, the first steps of transition are about to happen at Red Rock and Lenigas has been brought in to deliver significant change, possibly even at BOD level.
One has to join the dots but has Ettie indirectly given the game away ??
This is Aunt Ettie's post 2 days ago......
Atinos auntie Ettie - 04 Feb 2024 - 11:53:06 - 16979 of 17140
RED ROCK RESOURCES PLC - Information Thread - RRR
The sector being pursued has been announced and is more tangible than that. If one looks at how the reformed Regency has done after their move into the oil sector, it instills excitement. Their shareholder returns were good, ours could be anagalactic.
Banburyboy clocks in at 7.20am to start his work.
This individual really does need to be exposed by Bell, who is he, what is his purpose, the cheerleader whose aim is total determination to destroy this company and with it shareholder value.
The fellow is so arrogant that even when Mr Bell warns him a legal route may be pursued via this site he continues to bash unabated, very strange, do you have deep pockets Banbury ? What broker do you work for ?
If that Congo cash comes will you apologise to all the shareholders who you have deterred buying with your venomous posts, not on your nelly !