Member Info for HawaiifiveO

Lengthy chat with Jason Brewer just released, worth a listen, goes back in time to discuss historic deals, clearly has contacts and ability to deliver significant value. SKA is mentioned briefly.

https://www.youtube.com/watch?v=-z9aOSZdZhM

As some have implied there are now going to be BOD changes, the potential sale of Rukwa has also been speculated on.

Good to see Jason Brewer is prepared to put up £500k interest free and non convertible on a temporary basis, it is only a matter of time (IMO) that QvB investment vehicle secures the long awaited $500m of which £2m would be directed to SKA via the CNL.

In all a decent update, clearly a great deal is going on here behind the scenes.

Just to show you can take nothing for granted on AIM PREM's share price is now aligned to RRR, their m/cap is still 5 times higher though at circa £10m m/cap, debts probably north of £50m, this time last year the shares were trading around 1p to value PREM at circa £200m. How the mighty fall.

If only if only Bell could deliver something for once, RRR m/cap now sub £2m. Not holding my breath, of course he still has the 'full support' of the major shareholders, work that one out !!

You can bet your proverbial that the selling this morning has come from L, however as mentioned on numerous occasions their selling offers retail investors the chance to get in at basement levels.

What is needed here to drive volume is another corporate deal such as a new JV or the much telegraphed news on Senala in Senegal, the BOD need to draw attention to their stake, the nearest comparison would be last years £40m takeover of Chesser Resources only 10km to the east of ORR's northern licence. That would make ORR's circa 40% stake worth £16m if translated across, there is NO value at all in ORR's current m/cap despite a historic spend of £10m+ ?

The BOD need to start shouting from the rooftops about Senala's prospective value, I still prefer a stake sale, albeit it would be discounted but in this market cash is king so receiving £2m/£3m up front with some form of royalty and gold discovered bonus moving forward would be a perfect solution, it would secure fund ORR well into late 2026 .

The next news will hopefully be on Senala.

They must have firms grounds to believe the Mining Licence will be awarded quickly as per the RNS where they are complementing the Government, the company appears to be on the radar of some very large organisations which has to be a positive.

The current market value of sub £3m will not last, it can only be a matter of time before a revaluation of this company takes place, they must also be a strong candidate for a takeover approach.

It does not take much buying to move the share price dial significantly as followers know.

Buy low sell high !!

SP

Apparently the current BOD are on 6 month rolling contracts so if they are going to make executive changes it should not cost the earth.

If they are divesting Rukwa then it makes sense to get rid of the existing BOD but we will have to see, the share price is very sensitive to news (or upcoming news) so it's probably due for another run up.

We will see.

Brewer is, once again, in London doing deals, recent tweet suggests he is dealing with SKA business as well as NEO & MARU.

Whether this means news is imminent or not is hard to say, QvB (the Chairman) suggested there would be SKA news 2 weeks ago, it is overdue to say the least.

I am convinced something material is going on here, are they trying to dispose of Rukwa coal for example, perhaps to existing management, time will tell.

Ignore the bashing trolls I say, they have been here predicting doom and gloom since the 2p days, the shares hit 4.7p in July.

This post at the other place suggests far more upside is imminent

IG have closed the door for buyers at current levels this morning, the book is very strong.

Recent broker coverage has secured around 1m shares in buys since it was produced earlier this week.

The last run up in the shares was to 4.75p.

ORR CEO like a rock star in Cameroon, smothered by media, has to bode well for the company

https://x.com/OrioleResources/status/1839249316474388493

Access to the broker note can be reached here, a rare post on X from CNSL, hopefully more to follow + improved PR also.

https://x.com/CNS_PLC/status/1839223601158840776

James Cooper posted this on LinkedIn

I’m happy to share that I have taken on the role of Interim CEO at Cambridge Nutritional Sciences Plc!

I am looking forward to working with and expanding our talented team to drive growth and continuous improvement within the company.

There are a number of comments but I found this one more than interesting from the Export Accounts Manager, it suggests the Export area of the business is doing well, this aligns with the broker note today which offers forecasts that exports are driving CNSL growth.

"Congratulations, James! You're already doing an impressive job - thank you"

Lets's see what they say tomorrow.

Very disappointed by today's news and what a piffling sum of money as well, if as the RNS suggests it was a direct subscription why was the price so low to the market.

I can only assume they are trying hard to source other routes of finance, maybe the small number raised today suggests they may be close, you also cannot ignore the volume spike over the last month with buyers happily paying up-to 1.4p, I recall one trade of 800,000 shares around that price alone, circa 60m shares have been traded since August 19th.

I guess we will soon see if the market has appetite for the stock once the dust has settled, one thing for certain, recent CEO's seem to have ridden rough shod over shareholders, the stock is down from 4p since AYM joined AIM.

It would be good hear from the CEO, clearly he must be aware of shareholder dissatisfaction with these dilutive cash raises.

New broker coverage is out today by Cavendish which can be accessed on Research Tree, it is very bullish pointing out that CNSL are materially undervalued and are now moving onto a significant growth phase.

The AGM is tomorrow and we should get a Statement tomorrow via RNS.

They re-iterate their 10p target price.

Interesting that the copper price has just had a chart breakout, can you imagine what a mid cap or major could do with Parys Mountain instead of tiny & cash strapped AYM - a bid looks likely IMO.

Https://x.com/marketplunger1/status/1838550061061672999

Tweeted this morning

'Increased and regular sales of concentrate from our new agreement are expected by 7th October 2024'

https://x.com/vast_resources/status/1838500566403617148

Helpful

I noticed your reply to the my post concerning 'Auntie Ettie' not being Bell, you suggested you have asked him about this, well firstly what did you expect him to say, he is hardly likely to admit to a shareholder he posts on bulletin boards under an alias is he.

I have followed the boards of this outfit for far too long as a result of being sucked in by Bell's interview with Tom Winnifrith 4 summers ago so have a good understanding of who posts what. I am convinced 'Auntie Ettie' is Bell as a result.

If you recall Bell lost his rag with a poster on here concerning the intense level of bashing around the time he was trying to organise a placing, Bell actually posted on this board under his own name, if you look at posts made by 'Auntie Ettie' on the other board you will discover that he posted the same threats and commentary there first.

So I have strong confidence that Ettie is Bell and these rare cryptical posts (another trait of Bell) should be given some consideration.

In respect of RRR current situation, no-one has a clue however there are 12 more trading days for Bell to deliver a event that may or may not add value, so are the short sellers right or wrong ahead of the meeting ?

Remember Ettie said ....

'I urge you to express yourselves not by writing, but by buying the shares. Do not be demure, invest with feeling. Enjoyment will be found through the medium of share price appreciation'

Some optimism on the other BB that the AGM statement will be upbeat, hopefully the new CEO will want to start his tenure on a positive note.

We all know it does not take much volume to move the shares, it would be nice to attract some media or PR, this has been sadly lacking under Jag Grewal, why do they not present at Proactive or a similar entity, no media podcasts either, it's like the company is operating in the dark ages.

All eyes on Thursday's statement.

I see Auntie Ettie (who is 99.99% Bell) posted this on the other site late last night ....

Hello 'everyone'

It's a pity no one is around. I recall spending considerable time sculpting messages to regale crowds here but there can be little enjoyment now with so few readers, such posts simply would not receive due appreciation.

Before I depart again, I urge you to express yourselves not by writing, but by buying the shares. Do not be demure, buy again with more feeling.

Enjoyment will be found through the medium of share price appreciation.

As mentioned I have written off my investment in this outfit with a caveat that this is AIM and ANYTHING can happen, other tiddlers have risen from current levels to 1p+, / .50p etc.

In a the recent interview Bell talked about the next few weeks being very interesting, then this GM call, well why would Bell purport to suggest near term will be very interesting, surely if a huge dilution/wipe out was coming it would be not be interesting but a strong negative.

Bear in mind that 3 individuals now hold circa one third of RRR equity, unless they are 'benefitting' in some other way why would they allow their positions to be heavily diluted ??

Maybe there is more to this GM than meets the eye.

Not on website yet, meeting called for Oct 10th, is it for the usual confetti or is it more material, project sale ??

https://www.lse.co.uk/rns/RRR/notice-of-gm-u7wynde7oslat33.html