Member Info for Helpful

Ah is that Boring Boy the man who doesn't give investment, giving investment advice?

Very dangerous ground Boring Boy!

Bell was grinning like the cat that got the cream at the end.

DYOR

Https://x.com/proactive_x/status/1990461866632433918?t=Xfq8CdDBzDx-liwJjU-6VQ&s=19

DYOR

No Sock Puppet, just another one to add to the list. I think Soma will go a lot higher. I might buy some in January once they have got both plants up and running.

As I said previously, RRR should do well out of the warrants, if Soma does what it says it will.

DYOR

Who cares how much it is, just so long as it is a profit? And it gets added to the £1mil/USD1.32mil.

DYOR

Https://x.com/i/grok/share/XkWd9H7qXyKfsqIW0mrft0DkF

DYOR

PS I mixed up El Cordero and El Bagre above. El Bagre is the mill and El Cordero is the mine.

Currently CAD1.5250. The recent high was CAD1.550. There should be decent news flow between now and the end of January. I know the trolls like to have a negative. The exercise price CAD2.00 but there is an accelerated exercise at CAD3.00. If it goes to CAD3.00 quickly and holds, then RRR will have to divert CAD400k to something that it can't sell quickly because there is a minimum hold period.

On this it would be better if it took a little while to get to CAD3.00.

DYOR

Boring Boy, you are the one that reckons, "I am always right!" not me.

Given that post alone you were incorrect in several ways. RRAL is not the only asset of note, "You are spot on this is the company's only asset of note": just in case you memory can't go back five minutes.

zzzz

DYOR

So a week to go to the DAL GM. We should know early on 24th if it has gone through or not.

Then it is down to the DAL management deciding when they want to close.

PS can somebody ask Boring Boy what the DAL share price did overnight?

DYOR

Https://x.com/SomaGoldCorp/status/1990409638727012398?s=20

"

Testing achieved up to a 70% reduction in mass and a 275% increase in grade (from ~7.45 g/t to 20.44 g/t) while capturing ~90% of the #gold from coarse and middling fractions."

NB note that this is not me saying it for those that are a bit behind the door.

IMHO if they do this and it works plus expand El Limon plus use higher grade material (Escondida, Machuca and for the former illegals are higher grade than El Bagre) then that is huge for our warrants. Obviously down the road a way not now.

DYOR

So far..

Do we know when the interview is out?

Foggie, what is it with the h o m ophobic slurs?

For someone who recommends to others that they find God and become a better person, it seems strange that you don't practice what you preach.

I am sure that whatever your trauma is, you will get past it

zzzzzz

Yawn, you Bore.

No slithering off Rusty.

Yep

My point is that doesn't understand about non-cash items.

He has been trying to make out that RRR needs £300k each month. He also admitted to lying about the interest rate on the debt during the week.

All in all, very strange.

DYOR

What is "cash burn"?Cash burn (or burn rate) is a measure of how quickly a company (usually a startup or early-stage business) is spending its cash reserves before it generates positive cash flow from operations. It tells investors and management how many months of runway the company has left with its current cash balance.It is typically expressed as:Monthly cash burn rate = Negative cash flow per month

Runway = Cash balance ÷ Monthly cash burn rate (in months)

Is it calculated using net income or actual cash outflows?Cash burn is a cash-based metric, not an accounting-profit metric. Therefore, non-cash items are excluded (or more precisely, added back/subtracted out) when calculating it.How cash burn is typically calculatedThe most common and accurate way to calculate cash burn is directly from the cash flow statement:Cash burn = – (Cash flow from operating activities + Cash flow from investing activities)

(or simply the net change in cash if financing inflows like new equity/debt are excluded)A simpler (but less precise) approximation often used by startups is:Cash burn ≈ Net loss + Non-cash expenses – Non-cash revenuesKey non-cash items that are added back (excluded from the burn):Depreciation and amortization

Stock-based compensation

Impairment charges

Unrealized foreign exchange gains/losses

Changes in fair value of financial instruments

Deferred income taxes

Provisions (if no cash was paid out in the period)

Items that are subtracted (because they are non-cash income):Unrealized gains

Forgiveness of debt (if treated as income without cash inflow)

Items that are cash and therefore included in burn:Salaries, rent, marketing, R&D spending

Capital expenditures (capex)

Interest paid

Actual tax payments

Changes in working capital (e.g., paying suppliers, receiving customer payments)

ExampleItem

Amount

Cash?

Included in cash burn?

Net loss

–$1,000,000

—

Starting point

+ Depreciation & amortization

+$200,000

No

Added back

+ Stock-based compensation

+$300,000

No

Added back

– Increase in accounts receivable

–$100,000

Yes

Included (used cash)

+ Increase in accounts payable

+$50,000

Yes

Included (saved cash)

≈ Approximate monthly cash burn

≈ –$550,000

So in this example, even though the company reported a $1 million net loss, its actual cash burn is only ~$550k per month because of non-cash expenses.SummaryCash burn measures real cash going out the door.

Non-cash items (like depreciation, stock-based comp, etc.) are excluded — they reduce reported profit but do not consume cash, so they are added back.

The cleanest way to see true cash burn is to look at the cash flow statement and focus on operating and investing cash flows (excluding fundraising).

DYOR

boring boy, we all know that you think endlessly repeating something makes it true.

as far as i am aware there is nothing to be inside on.

ab has told everyone exactly what is going on. if he had the arrète and i knew that would be inside information but i don't know that he has it. he might have it or he might not.

ps if you paid attention along the way, you will have noticed that i said, i sometimes let you prattle on because in due course it means you have made a fool of yourself.

the world's leading part qualified accountant doesn't understand "cash burn" boys and girls.

https://x.com/i/grok/share/qpj***azxpqsv2vndbrzcnup9

as speccy has pointed out, you don't seem to know much accounting and accounting terms.

zzzzzzzzz

dyor

Making up stuff again, Mr Slither. You are too dumb to realise you are accusing people of a crime and a conspiracy to commit said crime.

If RRR has the Arret (I don't know that it has) it would have got it late last Friday. That is after the market had closed. On what basis could anyone have traded with benefit of Inside Knowledge? The answer is that they couldn't.

If RRR received the Arrète late Thursday, then there should have been an RNS Friday. So RRR did not have it Thursday because there was no RNS.

Another issue is that culturally, they start late and work late.

Let's suppose it is done but RRR doesn't yet have possession. Because of the culture issue above, it is unlikely that RRR would get it during our trading hours on Monday.

So we might get an intra-day RNS but probably not.

zzzzzzz

DYOR

Ha! How can commenting on something posted on the RRR Telegram Group be Inside information? Why not have a look and until then shut up! You don't even know what was posted.

zzzzzz

Again, lacking in English Comprehension skills.

To be clear:

1. I don't use Telegram

2. Therefore I am not in the RRR Telegram Group

3. Someone sent me some screenshots

4. If your characterisation of who uses it is true, why are not in it?

zzzzzzzz

Foggie, do you have a bit of a fixation? Looks like are a bit jel about something.

zzzzzzzzz