RE: Director shares 146 million29 Apr 2025 20:14
It was interesting listening to the CEO of VAST after they had finally secured the diamond package, he said the best bet to secure the parcel was for the company to go into radio silence as every time they mentioned the diamonds it delayed the process for many months due to unwanted speculation in the media + shareholders pressuring the authorities via emails etc.
I do wonder if this is the reason Bell has gone quiet, I have no understanding of the procedure involved in the DRC but there are clear similarities to the situation at VAST, very few believed the diamonds existed let alone VAST would every recover them, same applies here of course.
Despite losses here it is pleasing that recent profits from VAST and another tiddler that recently doubled, both in the face of incessant bashing on the boards, means one has have recovered the RRR losses, it shows the benefit of having a portfolio of these tiddlers.
Clearly news is overdue at RRR but who knows, could Bell actually deliver something for once, one thing, certain individuals are supporting RRR financially currently, maybe they know something !