George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
I think the person that bought this 500m worth for £260k would be a fool to sell them before x3 expected CO making news land, unless it's Mr Makers themselves ? then in that case we will certainly see some huge sells on THUR and some hungry buyers to lap them up'' I JUST SEE WHAT I SEE'' 25 years around these casinos and know there really is only 1 winner and we are just along for the ride, and the next pump in any stock you care to name... 1 or 2 make it from 1p to £1 but finding one of those is like rocking horse SHT, don't let anyone tell you any different...
It must be a huge thing for us holders, and never been seen before, that with 3.5bil already on the Market is not enough to satisfy demand ? one can only think RRR stock is been held so tightly ?
just a thought..
Why not indeed PUMP'' unless as i said before they need that 500m expected to come on the market on the 18th THUR to balance the books ? one can only surmise that they are borrowing shares to sell to punters that want big lumps until they get this new batch ? see what happens'' but the first buy for the day just in'' a nice 16m @ full ask, gives me confidence that we will see a rise at some point to stop this impasse..
RNS 10 days ago
we note that the Company has stated that it will report as equipment is delivered and installed, and as other milestones passed. Currently, and as anticipated, a team from the Company and its technical partners is on the ground at Bilbale. The understanding as to grade and potential to which previous work and observations had led us has been confirmed by this expert review and we continue on the course outlined in our announcement of 27 February 2024, leading to early alluvial gold production initially at one location but then at up to four locations. The first gold wash plant is expected to arrive by air within a few days and will start operation.
Red Rock Chairman Andrew Bell comments: "The first team on site will be preparing a report giving further detail that we will hope to be able to share with the market as early as next week,
SO WITH ALL THINGS BEEN EQUAL WE SHOULD HEAR SOMETHING THIS WEEK,
I think we are lacking direction a little bit ATM down here on the floor, that only a big fat none REACH RNS @ 7am on any given day can cure..
hope we get something with substance next week, but the wait continues regardless
Regards
We still need to understand 10.7 that relates to us''
10.7 Further Assurances:
this Agreement (including with respect to the Equity Purchase Option), the Purchasers and the
COPL Entities shall execute and deliver at (and after) the Closing such other documents and
instruments, and shall take such other actions, as are necessary or appropriate, to implement and
make effective the transactions contemplated by this Agreement (including with respect to the
Equity Purchase Option). ???
FK knows what that means''' I'm just hoping it means that they will purchase back all the equity on the Market after the sale is concluded at a SP depending on the BID amount and after tax ? but perhaps it's a bit over my pay grade and only RBM or STAS could explain what LAW 10.7 actually means.. for shareholders
Regards
He does waffle a bit that CEO from POW, so only start the VID from RRR bit'' but interesting that an IPO for the asset we now own 100% in a deal with them for £2m will be worth £20m when it come to Market ?
https://www.youtube.com/watch?v=FLSEq-Jbfck
Have a strong feeling that next week will be a huge week for AB RRR, I really do hope it will be bright and early Monday Morning.. for genuine investors, and a huge stampede for stock LOL!! but any day will do, I'm not bothered as I do believe the 18th for those placing shares to come to Market was significant, and that it would be criminal to hold up news that should have only taken a few days until then..
ROBBING CNTS if they do'' that would mean they are in league with the shorts who is desperate to close out before SP moving RNS with that 500m shares AB was force to issue ????????????????????
PS I'm going to stop talking to anyone that come on here negatively posting on RRR for no apparent reason as they are not invested and can only be classed as trolls and should be put in the bin labelled green so they can talk to there own kind, and give each other thumbs up'' and have a good laugh for been the most nastiest for the day..
I'm not going to take this bashing on my investment day in day out anymore, if they come here bashing they are gone... even if it's subtle..
I'm so happy that AB did not do an interview on this farce'' as it would have needed no explanation where genuine shareholders would have already understand that it was a stich up'' to get a drop before real news on progress start to come through.. and also understand from the trading volume after it was done that it had no benefit what's so ever as they still can't get the SP to drop further than what it was last week
anyway looking forward to next week gold run, and hope we see the benefit of this huge breakout at some point
Good weekend NEWS'' / HP'' / H5O'' and all that genuinely sail in RRR for better or for worst silently or otherwise..
ATB..
Just thinking it was really embarrassing to see AB was push to do a funding call at silly 0.51p when we are so close to production, and with gold on a run, I mean we only need to produce 100 ounces of gold to make £250k ? I'm still P--SSED at the amount of bullying going on in the corporate sector to beat on tiny SP making sure we never get a rise until they have enough voting right to get away with fraud...
Off topic i know'' but the post office investigation fraud issue should highlight how urgent it is to have a nominated shareholder on the board of all CO listed on the stock Market, to protect shareholders interest where £££millions goes missing every year unaccounted for wither its through bond issue or funding call or huge back door salary in shares
hope we hear something soon on any BID that will be expectable to all concern, which is now 4 trading days away
Regards
BBC News just now'' post office fraud enquiry the CEO just keep pasting the Buck and most of his statement have hole in it as he is been grilled, I remember last year they was saying it was a software problem, and everyone was feeling sorry for them LOL!! but now they are saying this fraud goes straight to the top and millions have been stolen, and the account was doctored and sign off to reflect huge losses ?? it remind me of ART'' and the missing £200m of shareholders funds and wish it was him on the TV right now'' explaining to shareholders where is it all gone
Interesting that the only sell today was £2.9p worth, after all that bashing from 6.15am this morning ?? i don't think that 50p a post will be paid out at all with these kind of result LOL!! it would be better to get a job at Tesco packing department than to waste valuable time trolling at RRR, just to be nasty''
Stop talking rubbish DOG, you and the rest of the trolls have been knocking HELP'' all week, now you like his argument better than mine ? because you are trying to get out of posting PREM list of dilution in the last year ????
shareholders of RRR is not stupid'' and can see through your fake 1 sided post, on a stock you do not own, free BB or not
IMO, that tiny £260k was done under pressure to stop the Moaning about liquidity from MM who did not want to raise the SP on relentless buying if they did not get what they want ? / the Shorts that was looking to close out ? that's how i see it, but what now ? because they are still in a position that they have to wait until the 18th for those 500m extra shares to come on the Market LOL!! they are still short as no one is willing to sell until we get proper news on the WASH PLANT delivery / DRC cash / gold mining has started, these are all milestone that is imminent'' and they will still have to rise SP if these RNS drop before the 18th ? unless NOMAD tell AB not to bring any news before those shares come to Market, so they can sell them and drop price further than the 0.051p they got them at ? there is no reason i can see why SP should not go up from these levels... shortly