Member Info for Monarch

With a current Mcap of just £7M and producing already, they really just need to become profitable quickly and have positive feedback from the JORC. The JORC is due within the next couple of weeks and if the dry season now helps to improve output as mentioned, they could really make it happen very soon. IMO...here is hope!

Monarch

Thanks, ale. I have high hopes for the JORC which we hopefully will hear within the next 2-4 weeks, originally supposed to be available by end of this month. If that is positive, this certainly will get some interest from investors as it will make the project cash positive with most of the equipment already on the balance sheet now so further investments should be paid by revenue from my POV. I'm in now with an avrg of 2.1, hoping for the JORC to reveal something positive. After that, I will reassess...

Monarch

ale, you seem to follow RBW for a while now. Obviously a lot has happened since 2017 and it seems like the new management and the owner are doing all the right things to get this into cash flow positive. I know it's all guesswork, but what is your thought on the next steps to develop the company and what do you expect from a financial perspective? Would be good to get your view...

Monarch

A RNS for price monitoring and it shows just 10 trades all day...? MM‘s doing their thing...

Monarch

I don't know what is GREAT NEWS here (and I'm invested). I read we MIGHT be still within the originally communicated timeframes. That's it, right?

Monarch

So my understanding is that we wait for the JORC anytime in April, right? If positive, what's next? How much new equipment will need to be bought versus what is already there? Also, what will a "positive" JORC mean in terms of Mcap? Serious feedback please...

Monarch

persimmon, is your agenda personal against S&S? Not sure what’s your motivation...?

Monarch

So who has become a new long term holder today??? Although CH is finally gone, the damage is done... oh well.

Monarch

Chris, not sure I got your point. There are a lot of small trades also before 3pm. Who would buy 3 shares for a value of a couple cents even if it is free of charge? And not just one time, but many times over many days and weeks...

Monarch

Is there anybody with knowledge (please no guessing) of what those very small trades are all about. You always get the odd one here or there, but I can't recall so many on a daily basis...

Monarch

Chris, I have learnt over the years to follow up on the pessimists because they might have a point. And without trying to get into an argument about your motivations, I have also learnt to be cautious with the optimists. I see a lot of good with RBD, especially at the current sp, but that will not make me blind for red flags I might have missed. After all, I’m here to invest wisely...

Monarch

Thanks persimmon. So do I understand right that you believe there will be an issue with the approval? Maybe I'm wrong, but my understanding is that RBD believes to be in full compliance after some minor requested amendments and expects the approval to be of no concern given the work done so far. Do you see it otherwise? Thanks

Monarch

persimmon, I'm not sure that is very helpful and/ or answers my question. I would appreciate if you could keep it relevant and specific to RBD. Thanks

Monarch

try, I take all of that and hope to get an answer from persimmon that will help me on my investment decision. After all, if he has something important to say, here is somebody who is listening. I give him the benefit of the doubt until he proves otherwise... Let's see.

Monarch

hi persimmon, I have been following the RBD story for the while and read your rather pessimistic comments and I'm always listen to all sides to build a complete picture and opinion for myself. I would be interested in what you are reading in the last RNS and what it may well mean. Would appreciate a straight forward comment without any cryptic messages. Thanks

Monarch

Lefty, I’m sure if I would have used the T-line I would have bought my 12.8M at .32 and sold all at 4.05p. But as I’m not that good at it, I only made about 50% Profit for now and still have a sizeable paper profit. How about you? Let’s put it into context...

Monarch

MILOH, what do they say about you?

Monarch

MILOH, got nothing else to do... you know. What's your story? Why you are here?

Monarch

Lefty, you tell me to grow up while you constantly take jabs at others... awesome!
12.8M @ .63 ... derisked 2.8M @ 3.65 and took another 2M off the table @ 2.8ish to buy something nice. How do you like that for an investment strategy? Now stop telling everybody how superior your t-line is, please.

Monarch

Lefty's T-line said buying everything below 1p is a safe bet... you would be 30% down on that "bet". I guess it's fair to say that I will look elsewhere for investment advise.

Monarch