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Good news means nothing. No one buying while Bell there. Prove me wrong. Why no upwards movement to ANY positive news. The Bell opens his mouth and the SP sells off

Which will likely do nothing to the share price as usual - because no one wants to buy here whilst Bell wastes money ALWAYS. Useless CEO. It’s a pattern that you cannot deny. It doesn’t matter if RRR sells an asset for £10m - no one values it whilst Bell wastes money. 13 years and he’s delivered - NOTHING. Get the guy out and you see our true value. Would love to be proved wrong as I own a lot of shares here but he’s a joke

I’ve said this many times - but for some reason Helpful wants to keep this CEO (who STILL hasn’t explained where the £1m was spent that was raised in the middle of last year that seemingly went unnoticed). I only own 2% of outstanding shares now, and won’t buy more until Bell is gone. All he would do would be to see the price rise and fundraise/dilute again, so I have no confidence with this person in charge of sustained value. It’s disgraceful and he needs to go!

Same old. Asset prices rising, bumbling interviews, positive news with RRR licenses and yet, as always, share price decline. Common theme as always - no one will invest in Bell. It’s a no brainier - when looking at the news, RRR IS HUGELY UNDERVALUED. So why is no one sweeping up shares here? Because bell is univestable.

We can spin out and raise money or royalties as much as we like. It doesn’t make the slightest difference because AB wastes the money EVERY. SINGLE. TIME. Completely incompetent. If anyone thought any different they would be buying shares here. Take the hint and get him gone. Don’t know how long until people change it or believe it. When I was announced as a major shareholder here the very next day the guy called me asking for more money on a PP. embarrassing.

GET BELL OUT. When are people going to see this will go nowhere until he’s gone. Totally useless full of bumbling fluff CEO.

No amount of links, interviews or RNSs will help. There’s been strong positive news here the last few weeks and RRR should be closer to 2p now but it’s never going to achieve close to full value with this guy as the CEO.

Time and time again, it’s clear as day. If this is so undervalued and full of potential then why are new investors not buying shares here? If large shareholders had confidence they would. But any rise and Bell fundraises. He’s a joke and should be accountable. Where did the last £1m go before this last £1m was raised? Still questions not been answered. Why are directors not buying shares on the open market? Answer - no confidence and no signals of confidence because this is the worst management I’ve ever invested in.

I own enough shares here and no one is clearly buying with the failure in chief. Good news and price down. Same over and over. and nothing will change that until bell gone. I’ve invested for a long time. If this was so undervalued then walk into a room, show the assets and people will run to buy shares. But no one will because no one trusts bell. Useless. Get him out.

And furthermore, if anyone had confidence they would be buying up shares extensively sub 1p, but no one trusts a word bell says. I would consider selling here despite thinking the price could rise just out of principle because of his complete lack of conviction over 12 years

Exactly - it’s an embarrassment. Im long here but don’t know how long before people realise it doesn’t matter how many royalties of capital comes in. He’ll take fluff and has delivered on exactly none. Projects are sceptical. He needs to go. Immediately. Yesterday’s price action summarised it perfectly. When the guy opens his mouth the share sells off. Interview after interview does nothing because he has no credibility left in the city. Any other share, yesterday would have led to +20% but no one has confidence he can use capital well.

Helpful - you’ve missed my point, what about the PREVIOUS £1m raised? Where did that go? Not this latest one?

And yes, the company has serious assets and a useless CEO. Hence the SP and market doesn’t move or care about headlines anymore because no one believes a word bell says. Has to be the worst CEO I’m invested in. And he will continually drag this MCAP down. As is currently.

Copper price is irrelevant despite any deal. You have done this a long time like me - if it WAS relevant the SP would be higher but, well, BELL.

More nonsense interviews? Surely this gets boring? Who cares? It’s about time something was delivered. And if you or the market had any confidence they would BUY MORE SHARES. But the SP doesn’t lie. Everything corrects eventually but this is consistent now - it is simply because of Bell. And on that note why doesn’t he or management buy shares on the open market if they have so much confidence in these continual interviews? Same again, no one believes him. It’s toxic to this company and SP.

Enough is enough. Look at POW, it’s management buy shares, and shareholders believe them (more) so they significantly re-rated.

RRR can have 3 positive headlines next week and it will be met by the flurry of sellers that don’t believe the rhetoric and from his PRIOR £1m placing - where the cash disappeared and no one knows who owns.

I keep saying the same thing. As a holder of 2% here, I only want the company to do well, but can no one see the continuing pattern of “SP both legs above 1.2 broken level” - then BANG - Bell fundraisers again.

Where did the last £1m he raised go? And WHO did it go to as no Holding announcement. So went to pikers who keep hitting the bud with a 5% rise. This has rinsed and repeated multiple times.

In capital markets I’ve never seen such a useless and incapable CEO. Why can he not bring on any II investors? Where did this money go? He promised me at the time when I held 4.5% here the company would issue a spreadsheet showing where funds would be spent - but nothing, then what about further funds and this £1m raised?

The guy hasn’t even considered reducing his salary during this.

More tweets on here and copper prices is useless with someone as a CEO which cannot control finances and has almost zero respect in the City. This company has great assets. But total Groundhog Day from a CEO That has made barely a penny of revenue in 12 years. It’s not good enough and all that will happen will any rise will be sold into due to his awful placing of shares prior. Just look at the trade list. Abysmal management

Get Bell out now. Squandered all this money. I keep saying, change management and watch this rise. A legal case should be brought against management.

Yet again, every time there is positive news, this SP hits a glass ceiling and block sells come out because of the total incompetence of management who bulk issued shares to piker investors who flip. I actually understand markets unlike Bell clearly who can’t do a deal in the capita markets space for love or money. Mining deals perhaps, but he is a joke to an investor like me who bought nearly 5% of this company. I now own 2% but until capital markets are dealt with in a smart way, his incompetence will always discount this share hugely. Change management now and you’ll see this share re-rate to fair value (3p).

AGM won’t do anything. It needs an EGM and it’s baffling that the largest holder with circa 16% won’t call one.

Another week Of promised news and absolutely nothing, embarrassment. Get rid of management to actually materialise some of the assets. (If anyone had have bought VILX when I said a few days ago in my post you would be +40%

As always, and as someone who has been here for a while. The promise of news news and news just drifts further and longer and YET AGAIN - Bell has missed his opportunity in the strongest bull market in history. It’s embarrassing at this point. When I held 4.5% of this company I wanted a change of management. I still hold a decent % so this is impartial. Incapable of cementing any cohesive deal and then likely a trickle of weak news when the market is weak will do very little and be described as ‘prevailing market conditions were against us’. In the wider market I now see an overshoot personally which is why I bought a lot of VILX. I see that as the best trade here

What do we realistically expect the Kenya news to be? Positive news here (like last week) continues to be ignored by the market, and that’s solely down to management in my opinion. I’ve been here for a while, but increasingly it seems that nothing is going to crystallise the value of RRRs assets with flip-floppy management. Would love to be proven wrong - what what news could possibly move this? Heard imminent news now for 1 year.

Hi Zumore - to be honest (and impartial like many on here can’t), I’m pretty furious about it. Not the placing itself, as it could indeed be positive but there is little confidence that funds will be used well. Now I certainly hope I’m proven wrong and it’s a positive, but I’m far from impressed with management right now. There were many other options and this company genuinely has £50m+ of POTENTIAL assets right now - that unless something improves from before are at risk of being squandered by horrendous management. I’m waiting to see how the next few weeks pan out because there are some great potential bits of news coming, however, if Bell does not deliver from this, and the great assets, he should go. By year end.

I think simple reading is letting you down again pal - Menobark is clearly being sarcastic about magics tragic posts. What is actually very telling is Menobarks posting history which you can see he points out magics drivel posts (which last one the share price since more than doubled). Zumore, briar and magic are so wrong consistently that it’s actually hilarious now.

Briar - I thought you sold out here? Haven’t you got better things to do or do you need a hobby? Upset that the SP kept going up after you sold. Kind of funny really

Helpful - I wouldn’t waste your time with these people that don’t even own any shares here. The share price and assets, with subsequent gain to come and positivity around RRR does all the talking. They are just embarrassing at this point how wrong they are because they lost some money a DECADE ago! That they think by blabbering on a forum will deter anyone is laughable in itself. Onwards