Member Info for maestro1

but but if you are saying rrr is such rubbish investment why didnt the cln holders request their money back or even request adjustment of cln conversion price as clearly the conversion price is nearly 30% above the current share price.

Still whinging about the past and then use multiple aliases to prove your point.

Trolls fail to take into account the current sp and the conversion price of the cln's, the CLN holders could have easily requested a lower conversion price.

Again trolls will ignore.

Helpful

They know they are deliberately painting negative picture, RRR has the cash to repay back but they need to explore and create a feasibility study for its cobalt and copper asset, this cost but adds significant value to company.

My reckoning RRR has around £3.5m cash and shares in JMS listed in Australia worth over £3m.

RRR is about to turn to the better.

imho

I think it's the funding issue? Imho

Edit: rrr (not get, predictive text)

Mrtroll

Why is it you only post on get and rgm? These two stocks are affiliated with AB, who do you work for?

Mrtroll

You continue though, waste your life here..

Last time I purchased at 0.8p and sold 1.2p, this time looking for more.

take the emotion out of it!!!

my average is 0.67p, i know this will come good, Nov will be interesting..

MRMAGIC

you keep going on about me not holding 3% of share capital, i am a personal investor and cant afford to purchase 3% of company.

You are crazy, stop crying about the past, this is aim.

All that effort and you troll this board, you have no interest long/short and you want people to take you seriously.

I invest in aim mkt because returns are way higher than investing in ftse100 stock, i cant care less where rrr and you are in the distant future, im here to make good money, at the price i bought i can make good money.

Good luck with your whinging.

MrMagic

I dont think you understand how it works, usually small companies take on licenses and explore and if they find something they tend to find a partner or sell the asset off, they cant afford to go it alone.

Why would AB want to sell our JMS shares which gives us a yearly dividends of £1m? Our JMS shares are worth over £3m but we have over £3m in cash no desperation into selling them.

You keep going on about admin being 600k per annum and most of the divi will go in expenses, so what!!! this means the company is profitable and surviving, once the Migori license is processed and returned rrr can either sell the project or get a partner, now the gold project is worth multiples of our current mkt cap alone, to date rrr has a jorc resource of 1.2Moz.

Then we have the cobalt and copper project.

mkt cap 3m at present is a joke, MrMagic only wishes he invested his lifesaving's now, as he could have easily doubled or trebled his investment.

IMHO, RRR is due a bounce, all those buffoons saying 0.4p this will value the company at £2m, RRR has over £3m in bank, over £3m worth of shares in an australian listed company jms and also has various assets.

Good look...

Helpful

My point is they are not in desperate need for cash, when you have mkt cap of 3m, something gotta give.

The CLN's were agreed last year at 0.8p a share, for £1m these derampers are thinking it will be difficult for us to pay them back which is laughable.

RRR has option to repay, roll or convert, with a company having close to £4m in bank and they come out with lame excuse that £1m is issue for us.

Await the final results to see how decent of a position rrr are in.

helpful

all fitting nicely, still cant believe how unbelievably undervalued this still is.

We've got it back, it's worth multiples of our so currently. A lot of parties banging on our doors to farm into it.

Rrr ridiculously undervalued...

Migori worth multiples of current mkt cap. Has jorc resource of 1.2Moz with potential to at least double.

They are really close with migori.

Shoat Creek, the investment was very little, you should be lookimg at assets like migori where we pumped 10m in. Migori is worth multiples of our current sp. Progress being made which i like.

https://www.proactiveinvestors.co.uk/companies/stocktube/10882/red-rock-resources-begins-exploration-work-at-new-drc-licence-10882.html