Member Info for news

Industry news for Australian IRON ORE [hematite]. Link: https://www.mining-technology.com/features/australias-iron-ore-machine-faces-a-structural-test/?cf-view , Mining Technology, 9 Mar 2026

Note from the article : "..BHP' YANDI mine reflected resource D E P L E T I O N. ..STRATEGIC need for mining co's to REPLENISH their DEPLETED reserves.

Australia faces a STRUCTURAL TURNING POINT as East Asia DECARBONISES & DEMAND S H I F T S towards low-carbon "G R E E N IRON."

"Australia could export enough green iron to abate up to 4% of global emissions, around 4x its own, IF IT CAPTURED 40% of the market...and the GREEN TRANSITION are reshaping the competitive advantage."

See also 4th last para about BHP and Rio and Bluescope exploring pathways to convert lower grade into DRI-compatible material.

Note: FOR HELPFUL's attention: I am sure you are aware that ORDINARY IRON ORE called hematite is "depleting" and above informs as well. But GREEN IRON ORE ie MAGNETITE is in demand from steel makers in China and commands a higher price. Guess who has MAGNETITE? YES, MT IDA - the one RRR plc IPO'ed in 2005 with this 100% Mt Ida magnetite iron ore in the Yilgarn, Western Australia. 27km haul road being built in May by Golden Valley Yilgarn [GVY] and will PASS RIGHT THRU MT IDA TENEMENTS but Juno who now owns 100% Mt Ida magnetite has only given a 8 year access road deed which started in Oct 2025. Juno has said in their Quarterlies Report of 28.4.26 and recent May 2026, that this 27KM HAUL road will save them building a road.

RRR has a 0.75% Mt Ida Royalty and is still owed $8m from Anglo Pacific [now called Ecora] upon 2 milestones. Anglo Pacific was a FT250 co as described in the article in 2012 wherein they bought 0.75% Mt Ida Royalty from RRR for $14m [see Dr Michael Green's note on this partial sale dated Feb 2012]. News, 15.5.26

As always, Howezap, I dont tend to say the OBVIOUS. But to those who can read what I was leading to as a thesis, YES, that could be the

next chapter to this mystery. But whether Rincorn @Hasties has hit the anomaly, that is awaited with DRILLING as is norm. And why did WSBN go to Rincorns ground and then they BOTH set for Red Setter, ah, I am not privy but I would sure love to be on the ground. As you said and you are cognisant, there are EXTENSION/s so who has what if any, is part of the MYSTERY until drilled. MKT CAP is always a factor to consider but unfortunately, they are not cheap -if cheap, cheap for a reason per general theory 101 until the NEXT DRILL? Thanks Howezap for explaining to ze people.

Part II:

Greatland Gold was 1 of the best performing going from a smaller mkt cap to today's £4.96 BILLION mkt cap, dated 15 May 2026. What happened at GGP from Day 1, I can tell from a 1st person's a/c. Greatland never found anything of note & landed on Ernest Giles [under the Geologist CEO] in Australia. It was said the prospects were in Pods. A major did some work and WALKED and share price crashed. So, Paul Johnson came in with Bell to restructure the co at around 0.10p+. Then, Paul hired Gervaise from Sydney, a fund mgr. The rest is history. The initial Black Hills were not successful as it was here and there. Then, Sam Garrett [the legendary] SOLD them HAVIERON which was a NEWCREST licence -recall Newcrest drilled 12 holes but on Aussie Geo on Hotcopper said, it was spaced out too wide at the time. GGP DRILLED HOLE 1-5 [raised money] and then drilled 4 more holes ie Hole 6-9. The VISUALS that came out -no one could read what it said. One of the holes in Hole 1-5 was excellent. But when it came to Hole 6-9, grumbles started ie it as no good etc. The bun fights were the stuff of movies ie the CEO, the posters who tried to explain the results etc. The Australian newspaper reported on the Hole 1-5 [quality paper ie THE AUSTRALIAN]. Then, posters said F, no good, need DFS etc. 3 months the co went quiet even tho Gervaise Heddle , CEO said the industry was ringing him and congratulating him. ONE FINE MORNING, AN RNS came out and NEWCREST HAD JV's in. The rest is history. Today, on Tiwtter I read quickly and I think HAVIERON is ready for FDI? But a/c to MinX, HAVIERON of GGP has gone into legendary status with Hemi, Fosterville, Sunday Creek and Bellevue [all the Aussie gold deposits]. What can one say ? Oh, they were taking digital prints etc . Why? GGP was a P & D etc. That is the hisotry of GGP and same with EEE , Solgold , the latter, buyout out by Jiangxi recently for $1.2bn in CASH and FULLY PAID OUT. What can one say? History and who knows at WSBN? Who knows at this moment? I dont know what is next etc so have to wait for RESULTS-RNS isnt it? Fri, 15 May 2026 at 6:50pm. MKT CLOSED. DYOR.

Yes, Howezap: [1] Price is important as to when one BUYS into ANY STOCK. Lloyds Bank UK was once £4 region +and in the crisis, fell to 10p. A married couple working as clerks did NOT sell any at the peak. At 10p region , it was reported by press, it was uninvestable per the market. The rest is history. [2] Rincorn on the ASX owns the HASTIES licence & nearby and one Aussie related what the brokers are saying. Rincorn also TOOK READINGS OF THEIR MMT done ie OHM readings. [3] WSBN's modelling EG, did MMT and there were OHM readings but folks here were busy to and fro. [4] Yes, WSBN's modelling MMT showed that the next EXTENSION could have more of the readings, so not surprised they took more licences. [4] UNTIL DRILLED, no one knows if the anomaly will turn out to be the halo etc. THAT IS GEOLOGY 101 as you said How, isnt it? 15.5.26 Today, the WSBN and HASTIES [RINCORN] aerial view was shown and how close they are to TELFER - so everyone is chasing the extension/s or what the Frenchman mentioned ie sister to Telfer but who knows until DRILLED? Just discussing. Fri, 15 May 2026 [Market closed at 5:55pm] DYOR.

Folks tend to only tell the negative part but never the good part. FALL OUT: Ganfeng did NOT offer 73p initially but rather a low bid to take over Bacanor. Later, Ganfeng sweeten the deal a bit by giving some other lithium share Bacanora held. Poor Leni didnt know his fellow Australian was at every turn countering him. Leni was very sure he would takeover Bacanora and they held a party in London [I did not attend but others did]. Little did he know his fellow Australian would announce it to the market and PROMPTLY reject it. FALL OUT meant that Leni got the blame irrespective of the facts which is evidenced by RNS's. Leni arranged for Kiran to run REM and they changed the name to CADENCE and they bought a iron ore project from Anglo ie distressed. Now, Cadence is about to sell the stockpiles of iron ore and moving toward full production once studies are done. Its quite a large deposit and the share price has recovered. I read the forum recently and one of the big holders AVERAGED down to around the 3p mark and just a tiny bit over. Holder has 1.8m+ shares and share price today is 7.5p. This holder has the largest holding & Kiran invited her to something or other. WELL, A BIG PROFIT which I read with my own eyes in recent days but NO ONE says, THANK YOU Leni for helping the co and appointing Kiran etc. I find it strange to say the least. I have been around this site for some time but I have seen only a FEW TIER 1 finds and even then, folks grumble all day , even about Mather at Solgold who sold Alpala for $1.2bn to Jiangxi. No one said thank you either on the forum. One fund manager said he made £1m from Leni]s REM and the broker wrote to say, many made fortunes from REM ie from £1m mkt cap to £90m =90x. He posted on the Solgold forum and invited us all to his farm his son bought with the money. But like everything, if one enters at the wrong time, it could be the wrong stock or enter right time, its the right stock. I am a fair person and tell it like it is.

Leni: "Cooking up something very exciting for 2026."-12 May 2026 at 2:48pm

https://x.com/DavidLenigas

Caveat:__ Not sure___ if this is the place but will wait to see what , or where Leni means. Just posting for history. 13.5.26

Leni owns 15.9% of The London Bitcoin Co [BTC]. https://ldnbtc.com/shareholders/ dated 13.5.26

Market Sceener: Leni 55.188m BTC shares as at 9.7.25 [15.38%] value $2m at valuation dated 29.4.26

Just posting data. 13.5.26

Caveat: I DONT know which co Leni means by the above tweet today, 13 May 2026. I saw the two tweets and I cant tell which co it is. So, dont say I DIDNT SAY because I am __NOT privy. __

___I am waiting to see. ___With a lot of companies, it is like striking a lottery depending on the resource - it is is not a massive Tier 1, forget it. So, not everything that anyone touches is a guarantee. Winners are like Grand National winners and there are FEW that make it. 13.5.26 DYOR.

Right, the story 1st: REM plc was formed from a shell mkt cap [£1m or so or a bit less]. Leni did the shell and became Chairman. He picked up on Bacanora of Canada whose capital mkts had seized & dried up. So, Leni used REM to fund the drilling at Sonora Lithium. Cut the story short, he got a Australian engineer to run Bacanora and what happened is the stuff of movies. This is history and true: Bacanora decided to list in London to get funds and Leni had acquired some 20% of Bacanora in Canada to make a bid. Leni did bid £1 and his Australian fellow Aussue leaked it to the market and rejected it. Ganfeng took it over and offered so much less at 73.6p , valuing Bacanora at $284m, 16% of NPV. Leni also showed a picture of himself at TESLA\ factory where he got a contract [offtake] but again, Bacanora rejected it. Seeking Alpha wrote an article to say, small co's like REM -rare to get a big Tesla offtake and therefore Leni could have got CAPEX to start the Sonora mine. When Ganfeng took over Bacanora which the Aussie CEO recommended, ze Mex got decided to nationalise and grab the licences. Today, Ganfeng is at the International Arbitration Courts to try to get the licences back or compensation. Even if Ganfeng got the licence back, MONROE -now DONROE Doctrine would not allow it. Sonora Lithium meanwhile was valued officially by MEXICAN TREASURY REPORT AT $600BN, unheard of. So, as Observer 842 said , had Leni taken over BCN, the mine would have been built and the US under Donroe would have allowed an Australian Leni to have Sonora, which is a short distance to the Tesla factory over the US border. That is the story. Leni was also smart to do a scoping study of REM's JV 30% part of Sonora without BCN knowing. Today, REM Mexico [Cadence] has gone to arbitration under their own name and got funding ie non-recourse [no need to pay 1 penny even if they lose]. But if NO SCOPING STUDY, no litigation can take place with NO VALUATION via scoping study. SO , REM went from £1m mkt cap or less to £95m, 1 of London's BIGGEST RISERS -factual.

Can I tell you in a short storyline what happened from a 1st person account. Only this time, I dont know if the action is here or not. LoL.

Did you see one from an REM'er?

FOR THE AVOIDANCE OF DOUBT:

To: Banburyboy at 09:49am, Fri, 1 May 2026.

To: Theeeeduke at 09:26am, Fri, 1 May 2026

Re: In reference to your posts on London South East Red Rock Resources Plc stock forum.

Copy: CEO of London South East.

My reply: As I stated clearly, all shareholders are directed to [1] Final Results of RRR plc and the Auditor's Statement therein. [2] Interim Results recently released by Red Rock Resource plc [RRR].

I have made clear and provided clarity , that for every shareholder [bar those commenting eg Theeeeduke who is NOT a shareholder of RRR & Banburyboy who said he was NOT a shareholder of RRR but later said he bought a pub lunch worth of RRR plc which will be £12 worth [Sppons lunch is £12] of which I am not privy he is, or he is not] of RRR, it is up to them to read the said two financial reports that is a Regulatory News Service announcement and to make further enquiries if they wish to ie get financial advice.

Those are the RULES as I read it. I have nothing more to add. I am NOT here to give financial advice as to RRR plc as the rules state.

The London South East has a button on the right of this page, ie "Chat Rules" that one will have agreed to BEFORE pressing "Post Message" and the rules are also clear.

Kindly excuse predictive errors , typos and mistakes. IMHO. News, 1 May 2026.

P.S. Chairman Bell is on Twitter and his line is open 24/7 to shareholders of RRR and one shareholder has asked Chairman Bell about th4e Mt Ida Royalty relating to Encora. However, there should be some balance on this board and not just 1 school of thought ie sky is going to fall without DUE DILIGENCE of which one should conduct it. Posters who are of that said school should allow others as well to post without ad hominen. 1pm. I will not post further as one awaits news as and when they become available from RRR plc via the RNS channel. Thank you. With due respect.

I will SHOW you EVIDENCE from London South East. New feature is "Members". I can even see the DATE you liked my post.

"London South East for News: "AIMDOGS RECOMMENDED ONE OF YOUR POSTS, dated 3 Dec 2025."

Here is the LINK to check: https://www.lse.co.uk/members/notifications.html PROOF.

Delusional?

Who?

What is FACT?

RRR is listed [still] on Thur, 30 Apr 2026.

Your "pub" group as you call yourselves said RRR going whatever at AGM 2025.

Still listed and RRR Final Results & Interims matter and there the full story is there.

Nothing "delusional" of the RRR Accounts and Interims signed by the Nomad and Auditor is there.

Lender RRR RNS supportive isnt it? But do check as I dont know who all the lenders are?

SO, FACTS.

BY "Do something", I meant the title as above and that is to go to the RRR NOMAD who is in charge of the regulatory etc in relation to this co and there you can ASK, why this, why that ?

Sorry, predictive text error occuring.

Oh, AimDogs recommended 1 of my posts as well earlier.

LoL. 30.4.26

DONT JUST TALK -DO SOMETHING IF CONCERNED - this is norm isnt it?

Banburyboy

You just recommended ONE of my posts and you said you are filtering me?

There , you can teach the Nomad all that you are posting on this forum, isnt it? That way, all your concerns as non-shareholders of RRR can be voiced and hear by the authority in charge. Isnt this the way forward because NONE of us are running this co and posting is of little value - its been years of similar? I dont know as I was not here.??

Take the RIGHT PROCEDURE -the NOMAD is the first step but that is up to you but certainly go to the UK authorities to voice your concerns as we shareholders HEAR IT DAY IN, DAY OUT ? ?Yah.

DYOR. This is all from me. Dont say I am NOT reply. End of the conversation since you all have had a say and I have to .?

No need for ad hominen -point lost when have to end with this and that. I POSTED THE TOTAL BALANCED PICTURE and I referred to RRR FINAL RESULTS AND INTERIM RESULTS and NO ONE CAN SAY, they can read. Subject to mistakes, typos, errors and CONSULT A FINANCIAL ADVISOR as they say.

Banburyboy, you and Theeeduke are referring to 30 Mar 2026 and RRR owing POW.

I dont see any RRR RNS further to that. So, why dont you ask POW then?

Banburyboy: 17:26, Thur, 30 Apr 2026

I stated: "M A Y B E , t h i s was how it was like in the days of RRR vs G.Carp [this is openly online and on open file relating to litigant and defendent] and shareholders contacted the co and that continual barrage was damaging to RRR shares. " "Final word in my post of 17:10: "WHY."

How Banburyboy boy is that "that was slanderous & libellous. THIS IS NOT THE SAME."

Isnt it doom without 1 single APPROACH to CHAIRMAN BELL on TWITTER [he is open 24/7 to shareholders] and yes, you confirm you have £12 in RRR so that you can spend time daily for YEARS on this forum, until whenever I visited all I saw were you, spec and Helpful but mostly you isnt it? Why? WHY?

I AM ASKING. Everyone is over 21 years old or over 18 years old and everyone has been TOLD BY the "pub group" [but I dont think it is a real pub group but rather digital]. ISNT THE RRR RNS'S CLEAR? DYOR. NO warranties. Could be mistakes, errors and typos. IMH>