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As another week begins, the reality his a minority shareholder here has taken the solo decision to sell the only performing asset for the literal sole purpose of paying his overly-inflated salary for non-performance over a 14 year period that he flat out refuses to cut.

So the best asset (historically that’s fact if he hadn’t sold more prior to also paying his wages), has been sold for the minority holders benefit.

It’s getting close to the time for an external audit here and genuine accountability. Question; where did the money go from the £15m+ raised? And where did the supposed money go from Helpful’s supposed large shareholders?

Serious questions that should be very simple to answer. The ‘oh exploration takes money’ excuse has no legs left in it. It’s answers time, because one man and a small group have led a great lifestyle from a lot of peoples’ losses. Weeks and months ago we had the whole ‘RRAL, elephant, drill results etc etc next week’ total fluff. Now with AGM, times up. If I contribute one thing here it will be accountability - and that’s a word that people involved in this company seem to have forgotten about. You pay yourself a big wage and refuse to cut it based on failing results, then sell the one solid asset to continue to pay that, whilst not delivering, then one should be very concerned.

February of which year? Or even which decade? Incredibly, when you stop to think about it, this debacle has now been going on through 3 different DECADES!

This fluff of ‘results coming’ has been going on far too long, and there has to be serious accountability at this stage. The amount people have been paid here to non-perform is surely due for a serious audit. Time is ticking, and it’s not months, it’s weeks before there will surely be heads turning unless something is shown for the 10s of millions burned and totally false hypotheticals, if indeed, proven yet again to be so. It’s been 2 years since one particular posted has said ‘next month’, ‘next few weeks’. There’s only a certain amount of times one can do that before very real accountability is directed.

Yesterday the offer to buy anything over 400k shares was 0.575. Todays last trade price was there. Please don’t school me on market making. I was a market maker and managed a $2bn bond portfolio. If you believe the smoke and mirrors of how this works I think it’s probably the wrong market for you. It’s relatively unch. And @helpful - I can assure you MMs are not short this - I remember our AIM/small cap guys run tiny positions and on a share like this, banks and MMs are not even allowed to run shorts of more than a marginal £10k - that’s how pathetic the banking industry is now, but quite simply, MMs aren’t running shorts, so that dispels another myth here. Again, now I’m holding again, why would I not want that to be true? But, reality dictates it simply isn’t. Additionally helpful - why would I go and buy 10%+ here when history dictates management screw shareholders EVERY. SINGLE. TIME. People don’t buy shares expecting to take over the company, what a stupid suggestion.

Helpful - this is your problem. You are 50% full of the same BS as Bell. It’s NOT +9% up, there is a 20% spread on the stock - which reflects the shocking liquidity too.

You know I’m an ex investment banker so pull that nonsense on someone else please. My issue is all the nonsense you came out with the last 2 years which was…unsubstantiated, untrue and never came close to materialising. The amount of PIs that bought into that fluff is on you.

Back to the point - b/o of the stock yesterday versus today, the stock is realistically unchanged and marginally up.

Why would I (owning 14m+ shares again so far), not want it to be +9%? Of course I would - but the difference between me and you, and those working at this company, is that I still have a relative attachment to reality. Say it how it is and you’ll have my respect.

So in summary, with all the huff and puff, the last trade of the day was unchanged to the buy price yesterday - says it all really, the total no confidence in management.

As many will know, I held 4.55% of this company in 2020 and made good money on each occasion I have bought (one of the few to do so). The reality is through shocking management, paying themselves for zero (negative) shareholder value, refusing to take pay cuts, and begging for private placements from me and many others whilst refusing to take a pay cut, simply rewarding themselves cheap options and wasting good projects here. Whilst not sounding arrogant, I’ve picked my buy ins well over the last 5 years on this company - and for transparency (lundy thinks I’m bitter, but the reality is he has rose tinted glasses on), I have just bought 14 million shares again here the last week or so.

Do I want this company to succeed? Of course.

Why did I buy (again), many reasons, but my indications like before point to short-medium term strong gains again.

However, and a big however, todays price action again goes to show to total overriding market sentiment here that will not change until management changes. No one believes in this share fully until that happens. Even if RRR were hypothetically to receive a large cash payment soon, the market will only price in a fraction because history dictates it will be wasted away.

Again, despite lundy thinking I’m bitter, no - I make money, that’s what everyone is here for, hence why I bought in at the right time again, but sentiment will always hold this down, and any rise will be sold into. No one can believe in the long term growth of RRR UNTIL A FUNDAMENTAL SHIFT IN HOW THIS COMPANY OPERATES OCCURS.

Why on earth would anyone buy in the market to take control here when there is a literal THIRTEEN (13) YEAR pattern of dilute, rinse and repeat. What, buy 30m shares, price rise, dilution, directors pay themselves and issue themselves more reward options? What a stupid comment.

And you say bid you for your stock? Firstly you don’t technically own it yourself, and clearly can’t call any shots, and secondly, doesn’t sound like the confidence of someone saying this will be multiples higher(for several years now, and it of course, hasn’t).

Then we come round to your other points about ‘we wouldn’t be where we are - no, we wouldn’t, and that would also mean we wouldn’t have paid out Bells salary alone in 13 years which equals the entire market cap currently (wow), nor would we have sold down the only good assets this company had (liquid stock) to fund more failed projects. Remind me, how many projects have successfully come online for an explorer/junior? Zero with any success in a decade.

The ONLY reason I bought 4.5% of this company prior was because the market cap was supported by the valuation of JMS shares (again, had bell done nothing with that it would be worth $100m+ now), but that’s being sold down to ‘fund’ more projects that are fluff. Same thing, 13 years later. Comedy show. Incapable and totally incompetent of actually completing a deal successfully, just court cases over and over and selling good assets to pay for hopeful ones that seem to fail every time. And RRAL wasn’t that meant to be October you said? Then December? Then January? Now pushed again a few months? Gosh it really is Groundhog Day

I told the ‘CEO’ in March, April and May 2020 (after I became a significant shareholder) to take a pay cut - he of course did not do this, and only offered himself more discount shares. With Covid this was a chance to demonstrate being a strong CEO. Since then, all that has happened is double the amount of shares in issue, more net shareholder value destruction and multiple failed promises. I said to Lundy nearly 2 years ago and a year ago the same thing. Absolutely full of it, and totally indefensible after well over a decade of the same. Will truly go down as one of the worst management teams I’ve ever invested in.

However…this is another brand new week so I’m just waiting for the ‘imminent news’ and ‘next week expect updates’ plume of smoke we have heard for years now.

Comical - now it’s October? It’s been 13 years saying the same stuff. Stephen you are full of nonsense. As is Andrew bell. About time this company got properly assessed. I’m one of the lucky few that made some good money here but became apparent that weeks turn into months and then years.

Total embarrassment that you still sit here peddling people into this. 2 years ago it was the license nonsense in Kenya, now what? Different angle to ‘convince people’?

Rinse and repeat, another project, more fluff, zero substance. 13 years later - has to be the most embarrassing shares out there. Lundy you said a year+ ago how this was going to 22p, all this huff and puff, then a year ago imminently going to 2.5p, never happens. It’s comical how the same rhetoric is peddled.

The day my holding crossed over 3% had Andrew bell call me with the begging bowl out asking for more money. Had people with this company ask me to fund PPs. Where’s all the money gone? A question that people should demand accountability for.

Now it’s more fluff projects and the cherry on top of the cake is ‘all the news flow’ expected over a few weeks is now (again) a few months back - what a farce.

Then we have of course had lundy coming out with ‘oh it was a bear market in commodities’ and now, after stocks cool off from all time highs, I’m sure that will be the next great excuse for this company that the ‘market is weak’ and out of our hands. You’ve had years. Should be ashamed and embarrassed.

Swing on juno means nothing. RRR unch or down as always. Why? One guess. A CEO that no one at all believes in. You can’t argue with the SP and graphs. No one believes it. It’s unbelievable you still back him. No assets, IPOs or interviews will change this. Definition of insanity to keep saying it and watch the SP retract with apparent ‘progress’ the problem is the CEO:

But so what? There will be no reaction on share price here until Bell goes. The share price a history categorically proves that - its undeniable at this stage. I can tell you yet again where this will finish this week, and next week, and that is a sad reflection of no confidence in the CEO. The market doesn’t buy it. The game is up. Great assets, horrendous management.

Guessed what Helpful?

“Everything takes time” isn’t a reasonable excuse anymore. It’s been 6 years (11 years for some). Weeks turn into months and literal years. That’s enough to go, he should go. It’s embarrassing to keep defending him. I have no appetite to buy the company, I have plenty of other things going on. I had a sizeable investment and cannot trust the CEO. No one can.

“Things take time” - this is not acceptable to hear anymore. Cow dung takes time and turns into fossil fuels eventually, time time and more time, and more dilution and more pay for Bell. Can’t believe a smart person like yourself doesn’t see it. You’ve said it for 2 years now. Nothing

The interviews are nonsense. The SP is unchanged and there has been perhaps 20-40 interviews. What’s the point? None. Waste of oxygen. Shareholders want TANGIBLE PROGRESS.

And again, you’re missing my point. £24m, so what? 1) if people believed that then the SP would be bought in anticipation. Why aren’t YOU buying if you believe that? 2) connected but more importantly, regardless even with that cash, so what? Bell has never used money well, so people don’t believe even if handed a cheque tomorrow that he would do nothing but waste it. And THAT is why the SP is depressed and will remain so until the CEO is changed. I’ve said it for over a year. Nothing has been done except dilution. And you can say all you want about the progress but the reality is shareholders have just been diluted. That’s all. So negative progress.

Get the CEO changed. I don’t know how many times I have to say it. During a strong market rally, the strongest in history, RRR has done...nothing. And no amount of upcoming news or IPOs will change that - why? Because no one at all believes in Bell. Helpful - play this out. Even if RRR receives £10m tomorrow, that won’t ‘add on’ to the SP, because no one has any faith that he won’t just waste it, as always. What’s happened to the £2m raised over the last few months? Nothing heard at all. Dreadful at executing progress and great at wasting money. For the last 12 years the CEO has done this. If the upcoming news was so good then people would be buying shares here, but no one is because there is zero confidence in him. The board doesn’t ever buy shares in the open market unlike POW, because well...where do I start - milking the shareholders here and occasionally issuing themselves more shares at diluted shareholders expense. This should be escalated as it’s now beyond embarrassing. No announcement is going to get this SP to where is should be because it’s discounted due to shocking management. That changing is the only thing which will get RRR to real value. I’ve said it 20+ times, no one listens. I owned nearly 5% of this company a year ago, then it was 2%, and through Bell’s dilution that is now 1%. Many others have had it worse. It’s a disgrace.

Of nothing...except disappointment and no TANGIBLE progress. If there was BELIEVABLE progress then the SP would rise and buyers would pre-empt all these events and news that were meant to be weeks and months ago. The weeks just slip by with nothing but a few more shares issued. Bell is the problem. I’m long from 0.175 so I’m ok, but this should be much higher. I’ve said it 100 times, no one buying because of bell and as always he disappoints. The Sp doesn’t lie - if it was that good and believable then people would buy. They aren’t

Magic pal - stop regurgitating the same nonsense, we’ve seen your copy and paste message before. Difference is I’m bullish RRR but not Bell. Yes, some of your points have a similar pattern now but stop with the copy and paste. The current projects have such potential, and I would rather discuss or critique in the present (if you so wish) than all this past stuff

Whatsmore - can’t even get a quote to sell 100k now. What an embarrassment this share has become. A 14 year farce from Andrew bell. Double the shares in issue from when I owned +4% of this. Every time his mouth opens its negative. If Kenya was so good the market wouldn’t have taken it negatively but they did. Should have been so positive but trust bell to likely waste more money and be incapable of actually generating tangible value so people think more of a liability than an asset. IPO delayed delayed delayed zzz like some of his 5 year delays as well.

Because the market clearly doesn’t care what’s been “achieved” - reason: Andrew Bell. “Achievements” mean nothing with him there. Fluff and more fluff. And the timeline you’re saying now you said 6+ months ago. Cool aid.

I’m Sure of rambling tweets, useless interviews and zero SP movement whilst Bell remains in charge. Another year passes...and he’s achieved nothing tangible expect 100% more share in issue. What a joke, don’t know how many more times I have to say it - the great value of this company will never be recognised with this CEO. Weeks turn into months, just false promises again and again.

What’s truly useless CEO. Multiple paragraphs of total waffle about macro economics and China. If I wanted Macro research, I certainly wouldn’t get my info from Bell. People want to hear about the company, not some fluff to cover up his lack of...much, again. You cannot keep arguing the same point whilst seeing zero movement in SP. He should go. 13 years. Nothing. Great assets, potential to be a £250m company here - without Bell. Lost touch

Me and helpful are on the same page with most things and are positive about this company. We just disagree on one thing for now but I hope I’m the one that’s wrong, I really do.