RE: Market Closed25 Jan 2025 08:32
It seems to me that both RRR & the former partner have settled their dispute and now want payment it also appears that the money is held in escrow, according to Bell all concerned want to finalise affairs (this includes the arbitrator and Gov officers) - Good news !
The matter now appears to be finding a route to get the cash out of the country into RRR's bank account, Bell has mentioned discussions with banks on two occasions, quite rightly the money needs to come in it's entirety and without risk, again he has hinted on this via X and interviews.
It may be as a gesture of goodwill 10%/20% of the cash will be kept in the DRC for the touted new project (which according to Bell has value way beyond £10m) we will see.
As ever with Bell & RRR nothing can be taken for granted however I still believe that settlement is very close, remember Bell said it only takes 1 day and all can change instantly.
Minnows like RRR & others stock price can move quickly, recently VAST hit .07p but are now trading at .14p, the market cap of these tiddlers is so tiny it only takes a modicum of news or change in sentiment to delver large % gains.
One lives in constant hope !