Member Info for Helpful

Ors, twice that we know of because he told us....

Https://x.com/RRR_RedRock/status/1858458181304787137?t=egRTrro472F-CP-HEvJJ7w&s=19

Now this very interesting. He must be pretty certain to flag something up this way.

DYOR

Creeping back up to $2,600.

Note we have gone from, they will never produce to they won't produce much.

The bigger kit moves in during January.

DYOR

Nike, yep. We know Billings was travelling Friday: we now know he and the kit travelling with him have both arrived.

So now the question is, has production started and subsequently, what is the grade?

DYOR

PS note it has gone from it is all a spoof, Billings doesn't exist, he will never go to BF, there is no kit, the kit will never get there, they will never produce to "you are wrong about how long it will take to produce 1kg".

So RRR will have it's 4th asset in production some time this week 🤞💰🤪😎

Note the XRF kit will allow FML to check for silver and PGM as well as gold grade.

DYOR

No Doggie. I realised last night where Mr Super Accountant got this from and it goes to the root that he doesn't seem to do English very well.

As things stand FML/RRR has a model for production at Bilbale. All models have assumptions which then get tested against reality. 2 g/t, 16 hours/day, 3 tph it would take 10/11 days to produce 1kg. So if the model holds every 10/11 days another 1kg. He has morphed this to me saying in the first ten days 1kg of gold.

It will depend on when they start processing, the rate of throughput, the grade and the hours worked. I don't know that they have started processing, do you? Second, once processing they need to optimise the variables and they need to identify the high grade material.

So 1kg this week? Possible but not likely.

DYOR

Hey Boring, did you miss this bit, "initial gold prospecting, testing and production equipment"?

We know we have stockpile ready for processing and we know we have multiple potential sites to work from. Given your expertise and insight what do you reckon they will be up to?

Hey Laura, didn't you say Billings wouldn't make it to BF and the same with kit. What did you say, that is a no to all?

Maybe there is a small possibility you were wrong on all?

Reads ok to me.

POW no sweat and BF is a Go!

I look forward to confirmation of the start of production....

😎🤪💰💰💰😁

DYOR

First post at 4.47? Obsessed much? Or perhaps other motivations?

Give 111 a call they will be able help you.

Boring, are feeling ok? Maybe you need to put a call into 111?

Https://x.com/MakoGoldLtd/status/1858281618726879268?t=w0vW9jIuCgEANYLeo1FYUQ&s=19

DYOR

Go on tell us about the trades.....

And it must be an exceedingly large project....

Tell us about the gold trades again! My view is it starts to move up again because of the new missile rules for Ukraine.

And where does little old Red Rock fit in?

🤪😎

Doggie, you are just demonstrating, again, that you do not bother with knowledge. AB said in one of his broadcasts to the nations that Billings was delayed by the Visa and the Ambassador and that he should have travelled Monday

Maybe if you read something or listened to something you would be as informed as others are. He also stated Billings was travelling Friday.

It explains a lot about the drivel you come out with. So Billings travelled out Friday, what has he been doing Saturday and Sunday? Do you know? I don't but I can make a pretty good guess.

DYOR

Are you after the plank of the day award? Remember you were the one saying that Musonoi was worthless, no one wanted it and certainly not Glencore. You were exactly the same sort of stupid remarks then as now.

Come clean and admit you got it wrong on RRR. You sold out making decent money and then bought back in thinking you were missing out and got it wrong. Only one person responsible for your loss and that person stares at you in the mirror.

From the court case brought by VUP in lubumbashi against Gecamines and Glencore, it is quite clear that RRR was the subject of Tortious Interference. The remedy for TI is damages. The basis for the damages is commercial loss. All losses incurred by RRR as a result of the TI can be pursued. These are called Consequential losses. So where would RRR be if Glencore had done a front door deal rather than a back door deal? Well it would be a much bigger company and the various dilutions over the years would not have resulted. So when the Trolls prattle on, they are not taking a view of the whole picture. So another dilution, so what? It just increases the consequential loss. Probably, I don't know here but it is likely, anyone who was a RRR shareholder during the time and suffered a loss as a result of Glencore's TI probably also has a claim against Glencore.

So this week is important. As usual, things are happening later than intended but they are happening. Billings originally was supposed to be on site Monday but things were delayed by the Visa and the Ambassador.

Once the Arbitration is finally resolved, RRR can start seeking recourse from Glencore.

There have been lots of people who have an agenda and want to stop RRR but it looks like AB is there or there abouts.

Any new deal with the Presidential Office is likely to be huge: AB has said similar or better than Musonoi. If that is true, that that is just fine.

DYOR

So one of the issues about taking Mr Lycra off filter is getting dragged into his nonsense world where he makes stuff up and then pretends like it is fact. He also prattles on about stuff about which he has no understanding, as admitted elsewhere on another BB. So yesterday he was prattling on about my being wrong about RRR but this just goes to show his lack of understanding. Willie Sutton, a bank robber, was asked why he kept robbing banks. He replied, "that is where the money is".

Same with DRC, if you want serious copper and cobalt deposits (and some other minerals) you need to be in DRC.

I am in a number of pre-IPO companies with exposure to copper and gold, On has a DCF from last year of about $65m with the move in copper prices that is now about $80m: it should list back end of Q125. I have about 7%. Another one is similar but doesn't have a DCF at this stage but will have a CPR shortly.

We got involved in RRR to fund DRC: we did a CLN. I knew about RRR from another Troll, Mr Tragic, who trolled another company I was in because the two companies were invested in the same asset. I had been in and out of RRR for smallish profits before the CLN.

The following is my view not the RRR's. Looking at Musonoi, we reckoned that there might be circa $11bn of material there. If you look at the history of Musonoi, there were three mines which became linked together as the Musonoi Super Pit. Glencore had the licence to the left and to the right: two of the three from the Super Pit. Without the main Musonoi licence it was impracticable to fully exploit the other two because of hygiene barriers. My view from day one was the that the likely partner/buyer was Glencore and so it proved. Musonoi had been mined down to about 100 metres and then backfilled about 60 feet to stop the illegals. Next the resource goes down to at least 1,700 metres. If you look at the Muonoi licence you will see that not much drilling was done, it certainly wasn't fully drilled out. There were other prospects on the licence which had never been touched. If you look at the map of the other operators in the area around Kolwezi, you will see the whole area is mineralised. Cont...