focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
----------------------Talkinfo and et al------------------
Over the years, on every forum, one hears a lot of how the CEO should do this or that. This is also TRUE of bloggers. Today, almost all the bloggers have had their hand in running co's including two becoming a CEO and 1 a Director. One has already folded ie does not exist in current form etc. The other is drilling in Zimbabwe for copper and again , the criticism is now not applied to self? Why? DRILLING COSTS MONEY and the best that can be obtain is Zimbabwe for copper? It is not exactly copper country as far as I know. The other is a director in a goldie and yet has not produced any JORC etc and certainly NOT a Tier 1 for sure.
NEXT YEAR, I understand Chairman Bell comes up for VOTING. As Help said, ONLY SHAREHOLDERS GET TO VOTE and that is true of EVERY CO [listed]. So, do buy £1 worth if anyone wants to vote although £1 worth may not qualify for entry? Maybe £5 or more is sufficient as I have not looking up how many shares it will buy.
IF you guys like, I can inform the NOMAD that a few of the POSTERS ON THIS FORUM say this and that and perhaps they should become the CEO OF RRR if that is what the objective is, of posting continually. THEN, WE CAN PROVE ONCE AND FOR ALL, IF ANY WILL DO BETTER GIVEN NO ONE KNOWS THEM for M & A, govts in Africa or knowing how to negotiate through the licencing systems in Africa or Australia. In theory, it cannot be allowed but who knows if THE RESIDENT/S CAN GARNER THE VOTE OF TOP HOLDERS OF RRR. THEN, ONE WILL KNOW IF IT IS CORRECT X OR Y IS A CHARTERED ACCOUNTANT OR NOT? All have to produce evidence to become a director, never mind a CEO etc. YES, I AM AFRAID THAT TALK IS easy but the proving is harder, is it not? Yes. No. Better still, one shareholder who used to post on Solg has got himself to run a Aquis stock and I see it is going NO WHERE. See, what I mean. But again, there could be exceptions and do let us know and maybe Help can speak to Mr Black and the other two big holders. ??Fri, 19.4.24. The above have tried to prove what they said and everyone knows the results as it is on open file and public info now.
Talkinfo
IF the hat doesnt fit, dont wear it is the general rule. No name/s mentioned but it is a general perception that IF those posting have NO shares in any co, the continual posting appears to have some sort of motivation? Motivation as in , in general, trying to save others? They all CAN READ RRR RNS and its FREE on this site. Tell one everything.
SO, CONTRADICTION is that IF not interested, then wait for the RNS to jump in as you say. As for your other Victorian stock , well why not concentrate there or has that been sold. Why? You said you will sell your stocks there and bring £500 over here to buy IF, X, Y RNS comes out. WHO DOESNT KNOW THAT 101? But you must be reading this forum with great interest and isnt it a contradiction that WITH ALL THE WARNINGS or akin to that, you can still BUY on an RNS.? Doesnt make sense is it? I think you know what I mean as it is 101. If X bank is no good, then 1 RNS wont make any difference to the negative any poster perceives will it? I use bank because it is concentrated on financials , as in , assets etc. Today, Co-operation is being taken over by Coventry Building Society. How unusual given the Co-op has been going on for so long and Coventry is relatively newer and besides it nearly went under with $500m debt from what I read but today, it turned it round into a profit of some £132m from recall of what I read. Would one invest say if it was bad? To do so would be a sheet outsider. ? Yes, No? DYOR .NIA.
It is 3:37pm with nearly 1 hr to closing time for the stock market on Fri, 19.4.24/
RRR SPREAD the SAME as 0.055 & 0.06p as yesterday. NO AMOUNT OF POSTING NEGS has changed the MM's minds or mkt? RRR has NOT SOLD at 0.05p, the recent funding price.
So, what is the fuss?
An ex-president of the USA gave a release to CNBC about "naked shorting" on his media co recently IPO'ed. Chairman Bell, of RRR said so on Twitter re: RRR. It was discussed at Toronto PDAC Mining Conference and the regulator has taken note of what the CEO's have said about naked shorting affecting their stocks = loss of $40m. They are going to sue but I dont know the latest update on this. IF share price goes lower via the above, then the funding goes lower as a consequence is it not 101? Just askin. Fri, 19.4.24 DYOR.NIA. Despite the negative posting, one is waiting to buy in LoL? How? If it is x or y, why buy in? Doesnt make sense does it? Can go any cheaper since the last funding and is evidenced so today, yah? Yes, No?
Helpful
Since you may have Mr A.Bell, Chairman's@ RRR email , then I think this situation in the last 1hr + of posting on this RRR stock forum on the London South East and yesterday has to be made known to Mr Bell as ALL GENUINE SHAREHODLERS posting on this RRR stock forum need the over-sight of the co and or the NOMAD. All 101. This is the correct procedure of the regulatory framework in Britain. Thank you. I have never had need to contact Mr Bell at all so dont have any access to his email @RRR. Fri, 19.4.24 Calling shareholders like me and Maidit308 by 1 is one thing but this takes on a new level that anyone who post CONTRARY to the NEGATIVE may not be welcomed etc? All rather puzzling ? Just wondering?
P.S.
EVEN HELPFUL, the poster's PROFESSION has been posted on a public stock forum including FULL NAME ie 2 besides the surname, wanting to meet Helpful per 1 yesterday and if not, then appears to want to chance meeting at the "local" kinda of thing? How does Sir/s [2] know where Helpful is staying to meet at his pub? No one knows that surely?
Then, repeating that Helpful must NOT post on this forum? Getting quesy, yes, no. NO STOCK FORUM ON THIS SITE HAS THIS HAPPENED BEFORE. Fri, 19.4.24. Just askin what is THIS ALL ABOUT? How does Sir know the SIZE OF HELPFUL on this forum by Sir?
This subject matter must be answered once and for all.
ALL funders of any AIM co are taking a risk and that is FACT.
Anyone can participate in funding - simply ring the named broker to get on the list and its as simple as that.
NO, HELPFUL will not be the one person taking 500m SHARES in RRR in the last placing. Rather impossible to be a funder all the way through from inception or part way. The sums alone are not going to be easy for 1 individual alone.
So, you want Helpful to NO LONGER POST. Yesterday, one wants to meet up with Helpful and when Helpful said he was busy cleaning DVD's, he said, he could chance at the LOCAL kinda of thing? Isnt all this not under this site's rules?
So, not sure why all this about Helpful given Sir/s are NOT shareholders of RRR. ONLY 2 SHAREHODLERS DECLARED on this forum. Or if another is declared, then strange why posting appears not aligned with a holder that is positive going forward. Just askin. Fri, 19.4.24 The rule is privacy be it on this site or in real life ie legal right of an individual. So, why Helpful's FULL NAME has been posted on this forum by Sir/s? Full name as in 2 names besides the surname. Few know the other name. Eg John Smith could be lots of John Smiths but John Edward Smith is specific? Yes, No? Just askin.
Banburyboy
In your 11:56 post, you directed it to me personally so I must reply. First of all, I mentioned the 11:40am post on this forum and in particular, sentence 3. It appears to be a SWEEPING STATEMENT in which a thorough analysis was NOT posted. You have stated you are a CHARTERED ACCOUNTANT quoting ACA etc and from KPMG [this is your own post on Harbour Energy to spec about me which is not related to Harbour at all. So, from your own mouth]. If so, then, ALL ACCOUNTANTS MUST PASS LAW PAPERS of different types eg company law etc. So, rather stunning that at 11:40am, you can post something like that on a public forum that was UNQUALIFIED.
Hence, why I posted an earlier post on this forum that an ANALYSIS must be produced and this has NOT BEEN DONE. Why? One sided. If a BIG 4 Accountancy firm were to do an ANALYSIS, it would not be like what you appear to have posted via the 2 posts.
FINAL EVIDENCE OF PROOF:
In the official RRR RNS @ audited accounts, the AUTHORISED AUDITORS AND ACCOUNTANTS WILL REPORT and whether RRR is a going concern or not , or qualify that funds must be raised etc. THEN, YES, IT IS A REGULATORY NEWS and one in which the auditors have the authority to make any statements as norm.
HELPFUL
It has NOTHING to do with the 2 posts as above by your good self. You have called me names and to which this site will ban posters for? In reading some of your posts, you have taken issue with Helpful and this is something that is your business. However, one poster now wants to meet Helpful and knows even where his LOCAL IS? Local in the UK is meant to be the PUB. How can anyone on this forum know which pub Helpful goes to and how do you know, Sir, the size of Helpful? How? Hmmmm. Fri, 19.4.24 Just askin?
4 trades thus far in RRR. ONE was a REVERSAL of the one yesterday for 1 share trade. Now, it shows minus 1 = reverse or in a/c contra entry. Why? So, all the speculation of 500m shares to be sold to market has NOT been seen ie FACT.
As for placing shares at 0.05p, it is NOT the usual pattern that the sp has NOT fallen to the place price already done. It is currently, 0.06p.
RRR DRC:
I was reading an older article re: RRR Luanshimba DRC. In this mining article, A.B, Chairman of RRR mentioned RRR Kenya and how that licence got taken away [history] and that with persistence [quiet], it was later restored. I am now cognisant that the DRC DRAFT AWARD if signed at the commercial court would then potentially become a PRIMA FACIE case in favour of RRR relating to the party/ies of the loss of $430m [50.1% to RRR]. Paul Johnson has taken over an AIM co and he sold one licence for some $900k region but there is now an issue with payment - PJ will take action. By action, it will be legal action as norm. So, this contrasts with RRR DRC which is taking on the state miner and a major! Ah, but then, the sums are large in contrast to PJ's? So, one can say that it is not an easy task taking on 2 giants? As in? As in David vs Goliath? Fri, 19.4.24.------------NIA. DYOR.
I am quite familiar with British Bulls ie in that I am aware of the site. However, if you look at the link provided by Talkinfo, one will see on the LEFT as norm, the ANALYSIS. In the past, it is shown that $100 is INVESTED in theory in RRR [or any stock they carry] and the latest recommendation will show the LATEST position of that ORIGINAL $100. LoL -----if the non-sharehodlers of RRR were cognisant of the base $100, they would be AWARE OF THE RISK TO CAPITAL and would NOT have lost what they said? LOOK AT BRITISH BULLS -THEIR OFFICIAL RRR $100 IS CURRENTLY $97 [PERIOD STARTING FROM 27/10 TO DATE.=========PROOF OF WHAT I SAID recently: LOSS can be mitigated so loss of 90% per the stats of AIM explorers in general during the commodity down turn could have been avoided.
BRITISH BULLS
It is basically charting but it cannot predict EVENTS and therefore , that is the only aspect that charting can do.
So, what it means is that IF a update comes out, charting CANNOT predict it will not go against charting.
CHARTING is both ways, it can go up and it can go down. Open shorting is risking as it can be open if not limited as norm.?
RED ROCK RESOURCES PROJECTS:
Ref: First Equity Broker Report :19 Jan 2023. https://www.rrrplc.com/investors/shareholder-information/broker-research/
HELPFUL:
In the past few days, I and others have asked about the various projects of RRR. Given Helpful has been on this forum longer than most, he has given a status of the various projects. This is in line with other AIM explorers wherein there is an order to their progress. Why? They are in different jurisdictions and commodity. If interested one can read the details vs the above broker note. The RRR Australian IPO is being progressed. What I find of interest is that many co's drill a target [not Tier 1 target] but have NOT released to mkt the EXPLORTION TARGET. In the case of RRR Australia, a target has been released. Interestingly, A.B, Chairman of RRR has drilled to determine STRUCTURE [not for grade] & known as stratigraphy in geology to TEST the modelling. So, the postulation per Helpful has been tested. This is the best way of doing it and I depended on such modelling done in the Cascabel deposit that turned out the tonnage but the grades varied as norm per the zones. Also, $500,000 pre-ipo drilling has been planned etc.
RRR DRC:
A draft award of $10m is awaited and thereafter a potential $430m international arbitration for the loss of Musoni [51% RRR JV]. There has been posts on this forum which countered the RRR RNS or Clear Capital Broker Note in terms of the $430m loss and or registration etc. This is why I asked further from Help and now the position is clear & in line with RRR RNS. It is also clear that the JV partner VUP sued both Gecamines & Big G for the $15m owing from the sale of Musoni having been paid only $5m out of the $20m. So, the defendants are clarified.
NON-SHAREHOLDERS POSTINGS:
I think they are repeated almost on a daily basis and nothing is new in the analysis because it does not look at the ENTIRETY of the projects and status to give a meaningful analysis to update the said broker note. The purpose of this post from me is that I am interested in researching the projects and how they turn out or could turn out? A/c to one, listing the previous funding is termed research as if it would affect the CURRENT status of the co. IT IS NOW HISTORICAL in essence and what is needed as norm will be the forward. What I am posting above is something discussed on almost ALL stock forums on this site. The person knowing will be the one that has a grasp of the principles of analysis. SEEING the micro without the MACRO has weaknesses but seeing BOTH is of benefit and balanced analysis. Each can make up their own minds as to what the wish to do, so DONT say, one does not know. It is like looking at one's own finances eg money in the bank, what other assets one has eg car vs mortgage etc to derive the total asset position and cash flow. Simple 101. DYOR. NIA. Fri 19.4.2024 Not editing so pardon typos etc.
Of course, given we, holders now realise that its best that shareholders communicate with shareholders.
Why? As I said, the RRR DRC Award Arbitration of US$10m and potential US$430m will mean that it doesnt take a genius to know that this will depend on the co surviving well until the outcome.
That said, it is also obvious that RRR shareholders share a COMMON GROUND to wait the time of news updates. Meanwhile, Help has been here long enough to fill us in if we holders have missed some of the pertinent and vital background. Otherwise, lots of missed info creates a VACUUM. To those, here DAY & NIGHT from the history, whatever the motivation is, is not important as that is something no one knows why. SUFFICE TO SAY, IT IS THOSE WITH RRR and those against RRR.
As said, if one is no longer confident, happy , holders are always free to leave, it just takes pressing a button on one's stock brokering a/c to exit any stock. With that it is now clear. It is not morally right that if one no longer has shares but continually posts REPEATS and one sees on some or many forums, that is the style of downers or uppy types.
Interesting that one of the main posters here now wants to meet Helpful? Why? Interesting isnt it? Today, things have become clearer relating to RRR DRC, RRR Australia and Bilbale. With thanks to all who have provided us holders the info and insight. Thur, 18.4.24.
----------------RRR shareholders--------
In light of the finer detail on RRR DRC Draft Award $10m & $430m [51% to RRR], it is NOT in RRR shareholders interests not to see RRR SURVIVE to potentially collect. That is standard to all litigation in general and in particular. Is it not? Thur, 18.4.24.
-------------------David vs Goliath ------------RRR DRC [$10m Draft Award and potentially $430m [50.1% RRR] int. arbit]..
So, very clear now, folks.
One person has asked A.B, Chairman of RRR on Twitter.
I think the title is apt with thanks to Help. Thur, 18 Apr 2024.
Yes, I agree with the position of RRR and its establishment of its rights in the DRC commercial court.
Ah, that is now the answer that is very enlightening. I was NOT here at the time of the VUP litigation and that it was NOT only vs Gecamines but the Big G as well. I was a bit puzzled as to how Big G is not budging thus far?
NO, for the avoidance of doubt, I was aware that RRR's rights to Musoni was established in the DRC earlier award vs VUP in the $5m case. Thank you. THIS NEW ASPECT OF THE DEFENDENTS [PLURAL] WAS NOT KNOWN TO MANY OF US AT THIS TIME GIVEN MANY OF US WERE NOT HERE ON THIS FORUM THEN RE: VUP VS G. & BIG G. THANK YOU.
I will put it in another way. Be it whatever the situation, it is clear from the DRC arbitration award earlier of the $5m relating to the VUP, it has established the RRR rights as per the latest RRR RNS/s.
That said, it is the defendant/s that will then matter in the next stage to come. If so, then the state para company seems to be the most obvious first defendant but it was not clear in the Clear Capital Broker note on RRR. Any ideas? Thanks.
I think this is something that has to be enlightened upon as we wait [holders].
Right.
So, further to the situation of RRR/DRC, it then goes to follow if there was/ is a mining register, RRR's name would be on it for Musoni or rather the JV Congo co. This is further to your earlier post on RRR/DRC vs Mr Poster on this forum who said this and that which contradicts Clear Capital broker note.
It would now appear that RRR would have to have been on the Cadastres or the JV co. This is the burning question that has been missed info and one to which RRR stated RNS/position is clear. Thanks.
Typo: was etc.
One last puzzle. Relating to the RRR Australia potential IPO, there now appears to be a pre-IPO $500,000 situation for drilling prior to IPO. That is fine at Berringa. How about Kilmore ? Or is this going to be SOLD , spun out etc?
Help
Relating to your post which is insightful, may I ask if at that time, there is a mining register.
For example, in Greenland, I could go to the Greenland Mining gov site and see ALL the mining licences by number and what type of projects ie iron etc. I can also see the STATUS of the licence eg Active etc. I can also see , on public file, the name of the licence holder and how long the licence last for. Holders used to check for one AIM stock , not RRR.
In this regard, I recall somewhere that in DRC, it was not available. Is that the case and has that changed now? Many of these countries still have paper filing. Thanks.