Member Info for Kabaa

maestro - click above on 'rrr live rns' - check the 3 statements from 15, 18, 21 DEC and add them up. �175k compared to his net salary after tax is probably several years worth. He is confident the sp is very cheap as most holders are. There are just a few losers that lost money here when commodity prices had a terrible 5 years that seem to trash the company. Magic having bought right at the peak around 2012. Entirely his fault.

Looks like we will have some good news soon. AB excited about something, he's just invested an extra �175k into the shares so he should be. I would be shocked if the share price doesn't triple or at least double very soon.

That newspaper is dated over 5 years ago. The sale price of the shares you keep mentioning around 4 years ago. A lot has happened since then in the real world magic. The admin costs you keep mentioning are old numbers before RRR has slashed tonnes of it's costs, staff and moved to a smaller office. The authority to issue shares, just about every company has - that is why they list themselves on the exchange in the first place (to raise capital) If you were any good at investing or reading the RNS and understanding them, you'd be out investing in different companies, not flat broke at 53, trying to anonymously bully a company that you feel has 'wronged' you. You said in 2012, you are completely new to investing (yeah obviously) - so why not give other people a go and hear their opinions. You are a nobody and are very annoying for people who want to learn and research. I don't bother posting here as much as you as I have better things to do - But as I know your type, It's right to tell the newer shareholders what you're about. Hopefully others can too.

'mothballed indefinitely' - Magic says this just to mislead people just like he keeps noting Jupiter shares traded at 8c......in 2014!!!! - Not mentioning the fact the company has grown massively since then and paying close to that in dividends alone (or sharebuybacks)! Jupiter is likely being listed in the first place so it can raise money more easily to develop projects like MT ida as they are so massive and may need extra funding. 11,000 posts, going on about rampers when he constantly tries to mislead people and scare shareholders. The irony is he was literally spamming other forums in 2012 trying to pump red rock when he was holding and averaging down. What an absolutely pathetic individual! - I've never seen anyone on the lse so batshlt crazy.

In the 5 years Magic has been complaining about losing money in this company, he could have likely gone to work in a minimum wage job, saved at least �10k and gone and studied a different company to invest in. What's the life plan for the next 5 years MrMagic? - All day every day on the RRR forum whining that you don't think the share price will go up any more? How many more times can you be wrong before you just button it and go and try and actually get good at something?

I started investing in Red Rock years back and as i was researching, I could not understand why this MrMagic comes here all day and night to post negatively. I looked back into his posts from 2012-2013.: He is a guy in his 50's, who has no history of buying anything other than Red Rock He does not understand many investing basics and has no other experience He lost all of his money here. He averaged down at the worst possible time at the start of a huge bear market (lol) He is not very intelligent and posts are littered with mistakes and are misleading He tried to ramp red rock for 6 months, spamming many other boards around 2012 He now has 11,000 posts, had many more but that have been deleted. 99.9% of these posts are on companies that andrew bell has something to do with but mainly red rock and regency. He is one of the best examples of how to waste your life and be a total, bitter, blamey, loser. I suggest many of you start reporting his posts. He has written some things perhaps over 3000 times - I believe he copies and pastes a lot of the paragraphs in his posts.

https://www.google.co.uk/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0ahUKEwi-jbHUjvDYAhVSZlAKHZs4ApcQFggnMAA&url=http%3A%2F%2Fwww.afr.com%2Fstreet-talk%2Fbig-six-consider-jupiter-mines-sale-for-ipo-20180122-h0mo85&usg=AOvVaw2zeH2DJ398lgfiqiZwpLka IPO is said to be on track for march and valued at $900m USD All big 6 shareholders expected to follow suit. RRR could have �9m liquid asset within weeks.

Well if you cant see that we are in a completely different scenario today, where we have within 10 weeks around �4-5m CASH coming in from : �550k promissory note repayment �365k Jupiter divi �1.8m left over from steelmin repayment �1.5m cash from Jupiter IPO Money flowing in from warrant conversions and Colombia Royalties Having a massive shareholding in steelmin moving into production, a massive liquid shareholding in Jupiter that will put an extra 8 figures on the balance sheet, Kenya licenses being reinstated with a partner lined up to move in to a 1m oz gold resource, a massive oppurtinity in DRC being announced by the end of the month etc. AB buying �175k of shares recently, knowing more than anyone whats going on, with a market cap of �5m at 1p then no-one can help you! Do you really think in this scenario, we need death spiral financing? AB would not buy that many shares if he did not think he would multiply his money quickly imho. I'd suggest to stop looking in the rear view mirror and keep your eyes on the road ahead. RRR will get a lot of coverage over the next few weeks.... I would wish you good luck but you wouldn't know what to do with it if you got it.

The difference in in the time MrMagic lost all of his money and now, is that the assets back then were illiquid and drastically dropped in value in a huge bear market. RRR was cash poor and had to keep raising money to keep the lights on. Now its completely the opposite, they are just about to turn into solid cash several times the market cap. As the days go by and this gets closer, the sp will rise as day follows night. Magic can't seem to see the difference between having solid cash and having mining licenses in a bear market that no-one wants. He invested at an extremely risky time. (2012)

City Fan, he's just a newbie that lost a tonne here. Here is a few of MrMagics old posts of his - it really is tragic. He invested before it dropped 99% and averaged down. RRR Strictly 9 Nov '12 I appreciate your despondency but I don't see your logic. If you were sat on large paper losses then you had NOTHING to lose by simply holding and being patient. I iterate again that if the company were to fold today, the sum total of all of it's assets would provide shareholders with far more than the current SP. Indeed I challenge anyone here to put up a reasonable estimate of RRR's assets and show that the equivalent SP generated is less than 1.3p. If you bought in at 19p per share and have sat on those and watched their value drop down to 1.3p then I would say that your investment strategy was at fault, not the company. To sit still, do nothing and watch that happen would (at least to me) to seem ill advised. Only dead fish swim with the stream. A ship can not be steered unless it is actually moving. If you could not afford to invest more and more to average down (like myself) then you should surely have repeatedly sold quantities of your holding and bought back in later. Your average would have been drastically reduced through such action. I sympathise with your predicament but we must each take control of our situations and not allow these markets or BB posters to dictate the putcomes of our investments. We have choices. We CAN reduce averages through various means and stay in the game. GL in your next pursuits. ......................... RRR Wondergoals 22 Aug '12 Having put some �18K into this share you better believe I am very interested to know if and when people are selling out. If any share I have starts to seriously tank I want as much early notice of it as possible so I can decide whether to bail myself and cut my losses. Understanding market movements is important whether they're buys or sells. ...... RRR wonder 5 Sep '12 I topped up twice in the past couple of days when I could get a decent price and I bought in 100K chunks I think. I just couldn't resist given the coming JMS news. Consequently got reasonably excited at midnight last night when Mt Ida 132% was announced and stayed up to watch the ASX open. Naturally, today I feel somewhat dampened by the lack of reponse in both SPs ! ................ RRR rrrRRRrrr 11 Mar '13 "You got in here on the day we had a 30% spike. Thats you tough luck." Nope that's not true at all. I bought a handful of shares back in Feb 2012 (�2-3K's worth) but the proper investment was made in May at 2.07p and at the start of June at 1.6p (cash and SIPP). neither on a spike. That made up my first 1m share holding. Bought more during 2012 taking it to 1.3m, sold a few in Oct and bought back a little cheaper to help ave down which happened within days. Nevertheless I sit at a 45% and 60% loss here. If AB can actually sign and seal Greenland then

MrMagic, Suggesting Red Rock getting millions in cash from many different assets is not going to make the share price go up just shows your utter ignorance and inexperience in investing. Red Rock Resources is a regulated company and has been around for 10 years with AB at the top. He has been voted to stay on every year by SHAREHOLDERS. Are you honestly saying there is fraud going on here in Jupiter Mines and Red Rock? Are you that ignorant? The company got into trouble being cash poor in a bear market, having to continuously dilute for years. YOU kept buying WAY too many shares on each dip and lost all of your money - YOU were wrong unfortunately and made some terrible investments and decisions to buy the company at such a time. - The company was cash poor. losing money and very risky at the time. This is why YOU lost your money at the time. Now we are in the opposite position, we have cash coming from all fronts, millions of it, with many licenses all over the world, unlisted assets also worth millions (some soon to be listed) with scope to multiply in value, a company listing in a bull market in a global market recovery with management experience of deal making in the sector. RRR do not need to raise cash at discounts any more which is why AB was talking of share repurchases just the other day. 2018 will be extremely cash rich for RRR on many fronts including 1. Jupiter dividends, 2 Jupiter IPO, 3 steelmin refinance, 4 Colombia bond repayment and Royalties, 5 Warrant conversions etc.This will bring untold millions into the company. Misleading people suggesting you can buy Jupiter shares at 35 cent when they have just announced a share repurchase offer at 44c and around 60c last year just shows you are either stuck years back on your research or are actively trying to mislead people. The fact you have nothing positive in your life to do for 5 whole years of posting all day on here should show anyone what credibility your posts have!

Exactly, this has been a difficultly quiet company for a few years, now everything seems to be happening within a few months of each other. Kenya was a huge part of this company and has been in limbo for years - When that finally gets sorted (within weeks hopefully) that alone could make the share price rocket. When the license was taken away, the market cap dropped by several million. If they get reinstated with a partner ready, who knows what could happen to the sp? Jupiter IPO expected 750m-1bn is just a figure thrown out by brokers to get interest in the door. Anyone with a brain can see it is worth more than that. It will get way oversubscribed for that price and the sp will shoot up in the first minute it floats. imo. Steelmin repayment of around 4m will leave RRR with �1.8m in change after paying off its own debt. When they get refinanced, this will show that it is a solid asset to the market and highly valued by the company and a more professional lender, they do not want to keep giving 1% shares away to red rock, leaving them with 21-22% that is obviously worth many million on top. As Colombia production gets off the ground in 2018, the $3m owed to red rock will be paid back in more meaningful quantities. AB has just put in around 2 years salary a few weeks ago. DYOR I would be shocked if this did not multibag in the first 6 months of 2018. Steelmin + Jupiter shares alone are worth �20m, not to mention the rest of the assets. The warrants will dilute the upside slightly but RRR will still go to several pence imho.

On November 16, Jupiter announced they would buy back $25m in march: http://www.lse.co.uk/share-regulatory-news.asp?shareprice=RRR&ArticleCode=9qdzur8y&ArticleHeadline=Jupiter_Mines_Update Today they are saying they will buy back $42m as the mine is producing more than expected. Massive increase! Not bad for a half year divi and bodes well for the future. I'm suprised they are only doing the buyback price at 0.44c though. Does anyone know how many actual shares Jupiter has? - I know it is 20 something million. With this, steelmin repayment + steelmin shareholding + Jupiter divi + jupiter shareholdering + columbia royalties + bond repayment coming in the next month or 2, a market cap of �4.5m does not make any sense! Also, should we not be getting an RRR RNS for this latest news?

It's good to see some real investors in RRR these days - I have had only about 10 derampers, ex angry wives club members to speak to so gave up a while ago. Lol at the post earlier about dropping a gold bar to some of their doors and they would still give a face. Helpful has pointed out RRR will have more cash than the current market cap in the next 2-3 months. Jupiter IPO (selling 20% shares for around �1.5-�2m) Steelmin Repayment (giving �1.8m) Jupiter divi (�300k?) Colombia bond (�600k) Cash will be around 1p/share within about 10 weeks, then you will have huge solid holdings left in Jupiter and steelmin which arguably are worth a very conservative �10-20m combined + a load of other little assets I can't be bothered to mention but are still very valuable. With the risk of sounding like a cheap salesman, this price in RRR won't be around for very long! That is why we are having real investors turning up now and AB has just chucked in �175k It is obvious but some will just not see as they've been hurt too much previously in the bear market. Never mind. More for the rest of us! :-) I said a long time ago, MrMagic averaged down in a bear market and lost his shirt 5 or so years ago. He was wrong all of the way down (ramping it too). People like him will get it wrong all of the way up too. So far i've been right and unfortunately he will still be throwing dirt at 1.5p, 2p, 3p and so on.

Steelmin is the best deal AB has done in years. We�re basically going to end up with 21% of an early stage company for free. What an amazing deal. Ferrosilicon prices have gone through the roof since the ebitda was estimated at 10m. If this financing deal gets done in the next 2 weeks, red rocks share will be worth around �10m and they will have the thick end of �2m in cash. Market cap now �5m. News incoming from Kenya and Jupiter and perhaps another amazing deal by AB in something new? � An enormous amount of cash will be coming in from all fronts this year so AB will be once again a big player on the scene in a bull market. Zumore and mrmagic/torp(on advfn) are like a couple of drunken bums hanging around outside a Rolls Royce dealership every day, shouting that they won�t be buying any of their cars because they are not fast enough or reliable etc. Erm�yeah ok! � It really is best not to argue with them!

I saw align do this before Jeffry on different companies too.

I don't read this forum much due to the quantity of hopeless, penniless ex-investors crabbing at Bell. Good to see him say in the interview he thinks this is the cheapest stock on the market, then purchases 5 million shares on the open market. 2018 will be the turning point for red rock imo.

The most important lines to me were 1. SGC and partners (eme) are fully funded for this phase. This means eme are highly unlikely to have a placing soon as i've said many times but there seems to be plenty of scaremongering on these boards suggesting otherwise. Rememeber the management have a big stake here, it is not in their interest to raise money when the market is going down and we have massive potential around the corner. 2. This was too big of an oppurtunity to walk away from. They are not in trouble at all. I am sure there will be plenty of drivel posted on here and hotcopper over the next few weeks about placings and dusters. Ignore it.

Is just a very short term bipolar trader who keeps selling out and buying back in. Massive agenda each time. He's probably bought back in today, now we will get super positive posts from him. He may get scared on Monday, sell, start deramping again, buy back in wednesday, say all of the positives etc. rinse repeat. He has done this many times on many bb's. Do not take this maggot seriously!

Excellent update. The coal could come back into play in am much bigger way now...