Member Info for Helpful

Https://twitter.com/jczuleta/status/1745330097702293759?t=T2MJYM0yBZS3a0uMRGkawg&s=19

Read the four messages.

DYOR

Not at all. You just can't read and comprehend. You imagine I have said things I haven't, partly because you can't understand what is written and partly because it suits your boring, repetitive agenda.

Dukey, you really do need to learn how to read and comprehend what you read.

It ain't done till it is done, is true. I have my view but because something is my view doesn't make it a fact.

As to DRC my view is that if the opposition had won we might have beed starting from scratch again with all the new bods. Now that the incumbent has won, we SHOULD be picking up from where we left off.

That doesn't mean that we will be picking up from where we left off. So does the election result make a difference? In my view, yes. But until it is done, it ain't done.

It doesn't matter what anyone says, until the money is in the bank it isn't done.

So are you going to send that money to Christie's, you know you being a man of your word and all that good stuff?

DYOR

Dukey, you don't do legitimate questions, just as you don't honour your word despite you being "a man of my word" sorta of kinda of a guy.

I know you and your fellow trolls aren't good at reading, so I will repost part of what I posted; "Now to find out if they can progress the $7.5mil."

"If" is not the same word as "will". The former conveys conditionality/doubt and the latter conveys certainty.

As I have said multiple times on here but people like you don't take the point: it doesn't matter how close we are, until it is done it ain't done. And no, I have no way of knowing if it will be done because no one does. But as Belly said we were very close last time around but that counts for nothing.

Three and a bit years and Christie's are still waiting for that you money you promised, you know you being "a man of my word" and all that good stuff.

xx

Https://x.com/ABell2019/status/1745039993565774098?s=20

https://www.france24.com/en/live-news/20240109-dr-congo-constitutional-court-confirms-tshisekedi-victory

https://bnnbreaking.com/politics/drcongos-political-turning-point-president-felix-tshisekedis-second-term-inauguration/

The right result for us.

Now to find out if they can progress the $7.5mil.

"We have been advised that release of the arbitration award and payments under it in the DRC ought to be delayed to after the election, now only one week away. While we had expected a conclusion this week, the delay is sensible and prudent as any actions taken too close to election day when suspicions run high can be open to misinterpretation"

https://www.londonstockexchange.com/news-article/RRR/issue-of-equity-total-voting-rights/16251485

DYOR

Which is it Janica, I have lost serious money or I have made serious money?

Did no one ever tell you and the other trolls you can sell shares as well as buy them? Sometimes you can do it several times.

Https://www.petrol.eu/petrol-group/about-petrol-group

https://www.petrol.eu/companies-and-services/companies/geoenergo-doo

"The net profit for 2022, which belongs to the Petrol Group, totalled EUR -149.7 thousand. The company’s equity totalled EUR 178.2 thousand as at 31 December 2022."

https://www.slovenski-plin.si/about-us.html#:~:text=Geoenergo%2C%20d.%20o.%20o.&text=Nafta%20is%20a%20state%20owned,services%20and%20petroleum%20storage%20products.

Looks like someone has the monies out in group management charges.

DYOR

This was the consolidation:

https://www.marketscreener.com/quote/stock/CORCEL-PLC-25530843/news/Regency-Mines-Share-Consolidation-and-Fundraising-29745441/

DYOR

Speccy, re CRCL.

RGM owed RRR money and it took shares in settlement. RRR promptly sold its shares at around 5p. It is now five years later. There is no basis on which RRR would be better off holding CRCL/RGM shares compared to selling them.

As usual Boring just makes things up.

DYOR

Sorry, it may be that I mis-read your post and thought you had mixed up the two companies.

Corcel used to be Regency Mines which Andrew Bell used to run. A lot of value destruction happened when he was ousted but it now looks like is on the way but they are now doing oil in Angola.

DYOR

Speccy,

CRCL is a different company called Corcel, which is currently doing okay.

Caracal is GCAT. It is still trading as a business but it is suspended on AIM because it hasn't submitted its accounts. Looks like it is producing maybe 2,000/2,400 oz pa and it put a finance deal in place back in November. It has to start making payments fairly soon but they are not too onerous. The issues are that its margins don't look great and that the production lacks scale.

To make headway, it probably needs more finance but that assumes it can get its accounts signed off and trading can resume.

DYOR

Just a had a look: seems a bit of a mess.

They were after our Migori licences a while back and few on here were saying we should do a deal. Maybe a deal is possible if and when it comes back to trading. Unless they come out with some seriously good news, it looks like the SP will be heading south. If their MC is low enough, then maybe a deal is doable.

DYOR

Https://youtu.be/y4uYbj4_L04?si=855aGt6ddDbtM2yf

Currently $2,053

DYOR

Coming from someone who is not a shareholder and never was a shareholder but lost money on RGM and so he posts on here years later to prove he knows nothing about RRR.

Do you need the bank details for Christie's?

We have all seen what your word is worth. You keep saying you won't post anymore and yet, here you still are......

Have you paid Christie's Hospital that money you owe them yet? You know, you being a man of your word and all yhat?

So people know, Dukey said RRR would never get its licences in Kenya renewed/reissued. He said if it did, he would pay £1,000 to a charity of my choice whilst at the same time asserting he was a man of his word. Three and a bit years later we can see what his word is worth.

Just another one with an unabiding hatred of AB.

Https://twitter.com/sparkes_dwayne/status/1743122465629552677?t=LkMSE07g-3lBQGJITzS4mA&s=19

DYOR

It was supposed to happen on Victoria but Covid got in the way and gold companies were then no longer the flavour of the day on the ASX when that was done.

I expect that AB can get a pre-IPO funding deal done and then get the listing away if the gold price stays over $2,000.

We put money into ALR and BF so RRR used other people's money there.

He has confirmed this publicly so I can say it: RRR had a deal lined up and agreed for Migori and that again got kiboshed by Covid. Once the renewal is dealt with I expect two deals in Kenya. NB expectations don't always turn into reality.

RRR was an early investor in Elephant and we put money into that one, so you could say outside investors have come into another one but RRR is not in the driving seat on that one.

Not been the best conditions for bringing outside investors in the last few years but if you look at what is going on in Mali, BF and Cote d'Ivoire now there are lots of investors doing deals.

I keep telling him, he can't do everything. He needs to decide where the big value is and then get the rest JV'd or sold off.

DYOR

Https://www.rrrplc.com/wp-content/uploads/2023/11/2311_FGR-Exploring-West-Africas-Greenstones.pdf

Page 6 gives the fees.

DYOR

Again, going to have to disagree.

The Cadastres give the location of our licences and show who our neighbours are. In Cote d'Ivoire we have acreage next to at least three active and acquisitive companies. NB I have not looked at everyone yet.

You can see from the current work programme of two of them that their work shows the trends continuing into our acreage. You may not think that is important but I do. I am in other companies with acreage in Canada (pre-IPO) and the thing they all want to know is; what are our neighbours up to.

If all around other companies are doing deals, acquiring acreage and actively drilling that it is very good news. It means likely we are at least in the right post code, particularly if they are following trends.

You are right about commitments; the annual licence fees are usually de minimis, it is the work programme where the spend is. Which is why it is important that other companies might want to do JVs. The typical earn in is a bit of cash up front (useful) and a spend that meets the work programme spend plus a bit for agreed percentages of the JV. Ideally, you would look to do a deal with someone who might want to take you out later if the work programme gives a half decent result.

DYOR