George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
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.
Meanwhile, things are moving in the commodity space. For the CASINO project, they have just raised $40m from $25m.
So, not surprising Recon Africa has a JV - this is of interest as Elephant Oil [RRR Investee also has a licence in Namibia].
Be it RRR or other explorers , things are now moving due to the improved climate.
IF RRR Australia can get $500k to do Pre-IPO drilling as postulated, then it will be HNW funding ? It is positive moving forward that the cycle is looking up with gold price in Shanghai smartly ahead of Comex at over US$2,400. Thur, 18.4.4.24
In general, gold was out of favour ie not the hottest precious metal at the time. Professor Conroy said a Russian telephoned him to offer him money etc. That was the last hot commodity period. Paul Johnson said so as well and tracked RRR and the 2010 commodity cycle. Professor Conroy also said that UNLESS gold hit US$2,000, it would be hard to proceed etc. Look at the Cascabel PFS and note the price of gold needed , copper and or silver. That is what bankers will need to see - in fact they want BFS. Now, that gold is hot again but with a different twist ie central bank buying [see RRR tweet with embedded article] , young chinese buying gold seeds, jewellery etc, the demand is there now [currently]. For this reason, quick START UP appears the order of the day, not the Tier 1 type that will need hundreds of millions/billion to start up. So, short , quick appears to be the order of the day to GET QUICK CASH FLOW in. DL's ASX co in a JV with an AIM co is also heading for that ie heap , leach etc. So, watch other co's to see. At Havieron, the folks on that forum can post their own RNS - Shaun is alive.!! LoL. Maybe, the new rules and all that gets folks even more hungry for news, any sort of news. Look at the link I gave about Gold Rush - watch that operation and look at the ore piled up. RRR Faso looks like some of the ore is piled up? But as Help said, some are rock etc for later. Thanks Help - Yes, I do recall Berringa.
Sorry , pressed send by accident via little finger.
or even ISA money ie money flows and all that. The flows have been rather specific as certain themes compete for investors money, even in the USA. Not difficult to understand as there is NO bottomless pit for money.
EXPLORATION CO'S:
On AIM, they have had many TOUGH years if one has NOT already noticed. Currently, MINERS DECK tracks top commodity and it is TIN. Copper is also hotting up due to supply deficit potentially. AIM exploration co's try to go into the commodity of the time & those OUT OF FAVOUR lag the commodity market. Right now, nickel is out ? Hence, RRR has been also following this typical pattern of exploration pattern. Have a look and STUDY each small AIM exploration co and one will find this trend. RRR has been mainly in GOLD and this was predicated by the GOLD PRICE and hence years of lagging interest etc. Now, the gold market has awaken and therefore, RRR is having to look for immediate cash flow as is some of the co's that have woken up. HELP explained about VICTORIA gold in Australia and this is the case in point. I also cited another ASX co that has licences in Cote d'Ivoire and FASO but is 10x less than Southern Cross Gold with the HOTTEST current Victoria gold licence @Sunday Creek. And it is 20x less if one grosses up the Southern Cross Gold mkt cap for 100% [Southern only owns 49% of Sunday Creek]. AH, INTERESTING THAT RRR AUSTRALIA WILL POTENTIALLY DO A PRE-IPO AND DRILL BEFORE IPO-------------WILL THAT BE FOR THE LICENCE CLOSER TO BALLARAT MINE [not in vogue] or for KILMORE, THE HOTTEST LICENCES OF RRR, NEXT DOOR TO SUNDAY CREEK AND WHERE MINERALISATION IS SAID TO EXTEND TO RRR/POW KILMORE THEN courtesy of P.Johnson, POW then.?? QUESTION-----QUESTION------QUESTION. THANK YOU. Not editing so pardon typos.
Sir,
You have NOT been watching the CROWD THEORY as the financial experts ie where the UK investment MONEY is flowing or has been flowing to. Crowd theory tracks the money flow. On HL, there are some basic stats as to where HL clients have been investing their money and or specifically IS
"Chairman A.Bell on Twitter: Just back from a one day trip to Kenya and already planning for a longer trip to Burkina Faso. And I so love the English Spring and I keep missing it." - Thur, 18 Apr 2024.
There are currently already 73 views, 2 likes and 2 re-tweets. Usually, some ask Chairman Bell question/s but none so far.
https://twitter.com/ABell2019/status/1780903008894632199
Red Rock Resources stock forum : Empty, not 1 post.
RRR Trades: 0
RRR Twitter: 0 tweet.
DL-Strategic Advisor to RRR:
Proactive UK covered his Aussie Co with more details. Targeting Kalgoorie gold project and to JORC potentially. So, DL is wide awake to the gold situation ie high prices and going to drill etc with an AIM co.
Me: Here LoL. Thur, 18 Apr 2024.
RRR's consultant, DL - an AIM co has just out an RNS today re: Gold project , 25km from Kalgoorie, Australia. DL's ASX co via a JV will spend $333,000 region to drill the target in the Northern Zone targeting a 2.5-4m+ moz approx and earning in. This AIM co's sp turned green and up.
Link: https://www.youtube.com/watch?v=6IKCV_GD4Wg
I couldnt find the earlier Parker and crew using an excavator etc to turn some $140,000 a week. But the latest video is interesting for those on here that are soofing? So, some general knowledge. If link is faulty, then type out the title into the search engine. Everything in the above video is not high tech stuff either? High tech as in some expensive operation etc?
This chap who posted the info on the other RRR stock forum posts on this site as well but has NOT done so for a little while.
However, most of the time, he has not been very positive. IF, he is hearing from somewhere, the only place is via a potential 3rd party ie blogs of some sort etc. Not sure, hence why I ran it past Help.