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Don't forget about consolidation.... It's actually the lowest sell price ever
ahhhh, so Iron Ore is on a bit of a run... pretty much since Greenland was sold of for a £1
Bell really does seem to have an uncanny ability to buy/sell into things at the worse possible time
Someone really needs to set up and AIM company that shorts anything Bell is involved in
I think everyone is misinterpreting Helpfuls intentions here, I see his "helpful" posts as alternatives to RRR rather than reasons to invest in RRR...
Copper link 1, copper link 2...... = Invest in Copper
Mt Ida this Mt Mason that..... = Invest in JMS
Kenya, Kenya, Kenya...... = Invest in Gold
Simples.... All of the benefits, none of the dilution/admin fees
Nice one Helpful, keep up the good work
Bored at work... decided to put my "better off giving money to a gambler" opinion to the test
Starting at the beginning I've gone through most of the RNSs and summed up the Issue Of Equity values, got to around 2015 with a value of around £18,000,000 and stopped there since the issues started getting mixed in with other RNSs/Warrants/Share Swaps etc and I couldn't be bothered checking every RNS
Criteria:
* Gambler has £18,000,000 to gamble
* Gambler goes to Casino once a week starting first week 01/01/2015 (up until the end of 2018) and puts £100,000 on either Red/Black on Roulette
* Gambler is also paid £500,000/yr for expenses/admin
Based on roulette odds (winning Red/Black) of 18/37 = 0.486486.. rounding that down to 0.48 and running 100,000 simulations, the results are as follows
* At the end of 2018 the average amount left over from the £18,000,000 is £8,583,714
* 97,310 simulations are left with a balance >= £3,500,000
There was never a bone to begin with... just a Confetti filled Piñata covered in jam that management will just keep wacking until it's completely empty
RRR recently hit 2 yr low, heading towards all time low.
RGM recently hit all time low.
You'd be better off taking your money into a casino, finding the drunkest slob there and letting them gamble your money.... when they can drag themselves away from the bar... where they'll be spending the money you've given them
Although we have had "Coal Supply Contract" RNSs since these "target" RNSs
22-Aug: 4,000 tonnes/month
08-Oct: 300-500 tonnes/month
and then
09-Oct: 3,5000 tonnes/month
"With this contract, we now have in excess of 8,000 tonnes per month of regular orders and are busy implementing the expansion plans at site"
Fingers crossed that they are actually just "busy" doing what they've said
3 different company signed coal supply contracts... that's gotta stand for something
LG 6.5m
Potter25 3.6m
Stuiegee 2515897
JZD - 9.627M
Areyousure 4m
SG 2m
J4yo - 4103884
kread - 10.3m
awj69 - 4.5m
iRick4G - 1.6m
I doubt there's "1000s on aim" with a MCAP of £4m but in the hope that a "put up" will shut you up: Edenville
A while back you mentioned:
"if we are lingering around this price come September and RRR has made the progress I think it will on the various assets, that I will personally arrange for it to be taken private"
So has RRR made the progress you were thinking? I'm assuming you were meaning Steelmin production?
What would this mean for the ordinary shareholder? would this mean we'll be stuck with hard to sell shares or are you looking at a buyout? perhaps with PG, CT etc