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Per RRR RNS of 12.6.24, WARRANTS are 0.25p, NOT SHARES.

Shares are at 0.15p, 3x.

All confusion given there is also an implied cash element. It is a complex deal of which quite a few things are not yet known until completion. A bit rich given Helpful said that the deal was done in MAR 2024 kinda of thing. In Mar 2024, SXG of Sunday Creek had NOT RELEASE INFO THAT SUNDAY CREEK IS GOING "WEST". Going west on the map is to RRR KILMORE & KILMORE WEST. DR NICK COOK , TECH ADVISOR, GEO AND PRESIDENT OF MAWSON POINTED out KILMORE WEST, THEN KILMORE, THEN SUNDAY CREEK, THEN COSTERFIELD GOLD AND ALIMONEY MINE AND THEN TO FOSTERVILLE========BEING THE NW TREND OF THE DEVONIAN AGE===.

Specinvestor99

One last post to you. I will now quote you VERBATIM: "Specinvestor99: 15:45pm, Thur, 13 |June 2024: NOT SURE WHERE20M MINIMUM COMES FROM I SEE 10MILLION." You cited a law firm at RAMSDEN LAW.COM.AU. Link to your post today : https://www.lse.co.uk/profiles/specinvestor99 ["Assets test A$3m net tangible assets or A$10m mkt cap"]

I posted A$15m MKT CAP from the ASX AUSTRALIAN STOCK EXCHANGE ITSELF. See my profile with proof. I provided that link to the ASX itself , not you. You posted from Ramsden Law.com.au. FACT.

I think it appears that you are here to nit pick otherwise why chide? If not correct then just provide a link and it can be discussed. I dont keep whole cabinet files of where I get the figure from and therefore WITHOUT A LINK provided, it is DEEMED TO BE FROM RECALL and NO ONE CAN EVER BE FAULTED ON THAT GIVEN THE FIRST EQUITY BROKER HAS DONE SEVERAL VALUATIONS FOR IPO ON THE LONDON MARKET at some £15m from recall.? Kindly check as |I want to be off. I have spent too many hours going to and fro. The attitude is not a friendly one and from now on, I shall NOT REPLY with respect.

Yes, quite aware of that. You may remember a Times article that brokers were not aware a school boy was using a public call box to buy stocks of which he did not have a bean to buy with. Maybe, why , they now need CASH upfront. No good saying I have shares either. They want to see actual cash in the a/c.

As for specinvestor99 chiding me as if my creditability is on the line for merely stating A$ of which the First Equity broker note provides the VALUATION. If RRR NBGC can list on the ASX pre-IPO or IPO it has to be that will be based on valuation as well. Why? Just because one wants to list, one cant just do so if there is NO demand for the Aussie asset/licence are. Just as when I quoted Prince H is "NO LONGER A WORKING ROYAL". That sent a flurry from the Canadian on this forum. Well, it is a big difference between "working royal and non-working royal" BECAUSE THEY CANNOT CARRY OUT ANY PUBLIC FUNCTION ON BEHALF OF THE ROYAL FAMILY be it Queen or King as Head . So, how does one bridge such a big gap in language between Britain and Canada given Canada is also under HRH King Charles III as Head of the Commonweath? Impossible. I note from the First Equity Note wherein it states at the BOTTOM: NOT FOR USA OR CANADIAN usage kinda of thing. Must be there are different security laws in the USA, Canada vs UK> So, it is just going to and fro.

As for the new resident from Pow, it is again taken out of context. All I stated is that Paul is trying to teach about ASSET VALUATIONS and for RRR here, we , holders have to do our RRR asset valuation and update from the last broker notes as there has been a NEW NBGC deal of yesterday. Waiting to hear more from RRR on this.

Specivnestor99

Your memory of your post seems to have slipped your mind. Why? You posted from a LEGAL COUNSEL'S LINK stating A$10m.

It is NOT A$10m but A$15m which I checked from the ASX ITSELF and I provided a link to. Now, you CHANGE THE STORY and say you provided the link to the ASX. If you did so, then you would NOT have posted a link to a legal counsel's link to state A$10m.

There are also many complications just like listing on NASDAQ. I note that ASX states A$15m or $4m assets. So, that may be how it was a mix up by someone posting minimum A$20m. It did not originate from me so I merely quoted but I do not have the links with me as it was some time ago.

Nothing to do with creditability at all. All forums are TO SHARE and CO-OPERATE but it would appear you want to

chide me for sharing and IF there is a more accurate link, then post it. So, the attitude is to ...? Hope that clarifies. As for me posting, most dont help out with research and it is always easy to chide but share some substantive research SO THAT WE CAN BENEFIT from our RRR SHARES. Paul Johnson is sharing handwritten ASSET ANALYSIS for his co, so that is what one is hoping to do here. AFTER ALL, WHAT ELSE IS THERE TO DISCUSS.

All this is now theory. Why? THE VALUATION ON ASX IPO WILL BE RELEASED IF IT HAS BEEN ACCEPTED by the Aussie broker or other brokers?

Let me state again specinvestor99 for the AVOIDANCE OF DOUBT: I have never stated that A$20m as the minimum mkt cap on the ASX is EVIDENCE or proof.

So, it is taken to mean therefore as SUBJECT to checking the latest.

If I recall, Helpful stated that due to the Sunday Creek going West , the valuation may be more than A$20m? I am not privy and that is awaited. It is in the RRR RNS of 12.6.24 that a 3rd party and RRR are in "discussions" relating to a IPO or on an exchange. For details read the verbatim in the RNS.

I will still have the FIRST EQUITY BROKER NOTE latest available to fall back on of which I provided a link to more than once today.

I wont be replying further because comprehension appears lacking of English nuance between the legal meaning of evidence and proof. I called up A.Bell's interview with Proactive relating to NBGC IPO but I just listened to the 1st part but decided to leave it as it was a London IPO and Covid was mentioned. As I said, the A$20m , I will look for it but suffice to say, the First Equity Broker Note gives the valuation so that is FACT.

RRR 100% of NEW BALLARAT GOLD

Both RRR & POW had to WAIT for the ASX to open after the Mon holiday and the date of the deal was "EXTENDED" to 12.6.24. So whatever they had to wait for would be for RRR to hear. The 12.6.24 RNS from RRR was clear that it relates to "discussions with a 3rd party" re: LISTING. SO, THE DISCUSSIONS WOULD HAVE ENDED BY NOW AND AT LEAST A PRELIM WHETHER IT HAS BEEN ACCEPTED BY THAT 1 BROKER FROM OZ WILL BE KNOWN. ?

LoL

No one would give T20 now. In fact, HL wants CLEARED funds ie NO BUYING unless they see cash.

You are the exception to the rule.

OTHER FORUMS:

Its going to be more furious ie discussions in the days to come. But the Aussie brokers will have seen the Geo Map DL gave out on Twitter last night or today. That will be from RRR Geo's latest report. Per the last RNS's on New Ballarat Gold Corp, RRR has commissioned further work to look for soil samples etc and to look for the Donnybrook mine at West Kilmore. Am waiting for the UPDATE from RRR on this. I am sure the Aussie brokers will have these results by now or at least a pre-lim. The Question now is Historic Donnybrook at 142 g/t AVERAGE GRADE surpasses SUNDAY CREEK's 33g/t gold historic grade and that inc Fosterville even. For those not aware what average grade is, co's drill many holes in modern times but the grades will vary and they have to then ISSUE AVERAGE GRADE from all the drill grades. So, not surprised that RRR has asked the Geo's to look for the Donnybrook gold fields or the Geo's are looking.

One poster thinks that DL has "swanned" off to Monaco. He must be aware that DL does not tell where he is at for obvious reasons but I am sure that ole timers are aware by now, DL has a Monaco residency. So, it is not swanning off but rather he lives between London & Monaco.

I found another link that is clearer which states the A$32m inc |Mawson's stake.

Ref: "Mawson's subsidiary Southern Cross lists on the ASX"-FutuBull, 17 May 2022.

The 1st link did not mention the Mawson stake value.

Southern Cross IPO'ed on the Australian ASX on 15 May 2022 with a MARKET CAP OF A$31.25M IPO PRICE.

The share price of the IPO was Australian 20c.

Southern Cross raised A$9m on IPO. Link: https://www.listcorp.com/asx/sxg/southern-cross-gold-ltd/news/southern-cross-gold-commences-trading-on-asx-2709898.html

It states that MAWSON OF CANADA HELD 60% 2 year escrowed position in SXG.

Note what the CEO of SXG stated on the IPO|: Drilling BUT ASSAYS TO FLOW WHEN RECEIVED BY THE LAB RE: SUNDAY CREEK.

Comment: So, Sunday Creek's total 100% @ 40% IPO at A$31m ==A$ 7 7 . 5 MILLION for 100% of Sunday Creek with NO ASSAY RESULTS YET as drill core sent to lab.!!!! HOW ABOUT THAT? IPO 100% AT A$77.5MILLION on Day 1 with only drilling just done but no assay results yet? It is in the link.

Spec

You believe the law firm over the ASX Australian Stock Exchange? Also, it could be dated and the law firm never updated.

Of course, Tray posted opinion which is NOT fact. Fact is only when it is known and put out in an RNS. So, that opinion by Tray is conjecture.

As I said, I will try to relocate the A$20 but from the ASX itself, it states A$15m which may also be an old link. I am suffering from eye strain and I dont want to strain my eyes further. In law or legal terms, when one says can you provide EVIDENCE , it means can you prove it? Yes, of course I can via the links I gave which shows its not hot air.

Zumore also asked this and that. I provide the links and he has gone quiet. Why? What I said I provided evidence. All this is semantics but suffice to say, I do POST the "VERBATIM EXCERPTS" and reference. What is Wikipedia just posted a load of text? Look at Wikipedia entries ie at the bottom with references. That is call evidence of the text. Wont reply as I have had 1 day of just posting replies.

--------------Mawson of Canada & Southern Cross of Australia at Sunday Creek--------------

Mawson of Canada owned the Sunday Creek licence in Victoria, Australia. They spun it out into an ASX co called Southern Cross Gold. However, Mawson retained quite a large share of Sunday Creek and from recall it may be 50% region. Mawson also has another project called Rapot something. As far as I know it has NOT been developed etc.

In recent days, MAWSON & SXG [Southern Cross Gold] have MERGED. Mawson will received SOUTHERN CROSS GOLD STOCK in exchange.

So, too will be the situation with RRR. Mawson had to continue to survive and today, that 50% of SXG comes to a lot of money given SXG's mkt cap is A$545m. Isnt this the path RRR must take? Mind you, SXG is NOT YET CLOSE to any JORC and the exploration target is 1.6moz gold. RRR 100% KILMORE WEST sits D O N N Y B R O O K GOLD FIELD and the map DL gave an enquirer on Twitter was a GEO MAP where it showed AVERAGE G R A D E of Donnybrook M A R K E D on the map as ;" DONNYBROOK GOLD FIELD , A V E R A G E G R A D E 1 4 2 g/t gold."

Even Sunday Creek's AVERAGE GRADE is not 142 g/t gold. Sunday Creek's HISTORICAL GRADE IS 33 g/t gold.

Miners actually MINED at Donnybrook and therefore marked as a gold field.

Fosterville's average gold grade is also NOT 142 g/t gold.

Have to ask A.Bell if anyone is interested as to the 142 g/t gold. I dont have the Australian depository on Donnybrook gold fields.

Just discussing.

There are many posters on this forum who are NOT shareholders of RRR but rather from POW and drop ins.

They have a lot of criticisms of which from my observation, many AIM co's are in the same position ie they need to raise to survive. That includes the Solgold's & GGP's. A poster here has gone to PoW to say that RRR Australia doesnt find anything. Well, upon listing on another exchange, say in Oz, there will be a VALUATION DONE to list. That valuation done by First Equity Broker Note of 2023 stated £15m upon listing for 100% of RRR Australia on a London exchange. The broker note NEVER SAID IT NEEDS TO FIND ANYTHING so it is based on the value of the Geo Reports etc and BEFORE SUNDAY CREEK news, of SXG.

This continual chatter is impacting the sentiment of RRR and quite unfairly. Why? If not a shareholder, then keep to stocks they like and not chatter here. Why? OFFICIAL VALUATION FOR RRR GIVEN BY POW VALUATION IS 0.15P which is 3x the current sp. SO, THAT IS FAIR VALUE and presumed to be done by an INVESTMENT BANK. It is just like selling at an auction and one needs a valuation or insurance also requires a valuation report officially.

So, any comment from the early investor of RRR ? [Those here longest and have the credentials] . Thanks.

Yes. T20. That has gone out of practice now. HL offers only immediate settlement ie CASH in the account.

So, clarity is better with roll-over as not for tax purposes. Why? It is now June, way past tax year.

But rollover as in T20.

Which is in essence a gamble.

The US has gone to T1. Therefore, there is little time now.

In the past, I recall, having to juggle the tight time when it went to T4 or 5.

Why do T20 if IG offers spread betting?

Why is the person ROLLING OVER?

We, on this forum are told by the many that ....?

So, why roll over 24m?

Question. Answers on a postcard. Earlier typo: Buying not buy. Eye strain.

If it is Mr Black, say for example, then with 18%+, he can make a TENDER OFFER is it not, in theory?

If it is not Mr Black re: 6%+ and 1.62% BIG BUYS , then who is buy in such big chunks?

Dont they listen to the "experts" on this forum? Why are they not listening? Questions.

Mr Black had some 5% plus of RRR. However, on 31 May 2024, Mr Black declared some 10.9% in RRR.

Whoever bought 6%+ in very big buy BEFORE THE RRR-POW deal was RNS'ed yesterday continued to buy.

Today, 1 day after the RRR-POW Australia deal, another 1.62% was bought in 2 trades @24m x2=£33.6k.

Question: Mr Black is a merchant banker and investment manager. Now, let us say, only for an example, it is Mr Black buying , then the stake has gone to 10.9%+6%+ 1.62%= 1 8 . 5 2 % of RRR.

I may have missed quite a few of the smaller 2m buys etc.

WHY WOULD ANYONE BUY AND NOT LISTEN TO THEEEEDUKE & DOGGIE ETC on this forum. After all, Mr Black is using First Equity Broker and he lives in the Isle of Man , a tax haven.? Why?

RRR Mkt Cap :£2.07m.

2 Big Buys of 24M each = £33.6k /EQUATES TO 1.62% in 1 go within mins.

London South East records the trades in "BLUE" IE BUYS.

Previous days, also large buys. Sells were never 0.05p but 0.0465p. See above this page. So, the two buys were 0.05p and 0.0485p [proof? the next two small sells were 0.0465p.

Who is BUYING such big buys. The other day nearly 6%+ were bought.?

P.S.

That is why my posts are so long. Why? I have to post VERBATIM excerpts to prove or proof what I am posting.

That is the Hot Copper of Australia rules. Please provide references or links to let people check.

On the ASX listing, I tried another source and it states: MINIMUM A$15M. I will try later and recall where I saw the A$20m when I have the time.

Meaning of Evidence: This means in English and in Britain, that I provide PROOF of what I have stated.

Meaning of Conjecture: Posting without evidence ie no proof.

Like how? Like Tray stating RRR will retain 50%. How does anyone know? Look at the Clear Capital Broker Note of which they quote Bell, Chairman of RRR. Bell said it is predicated upon on the VALUATION and how much RRR will raise.

So, that is Tray's conjecture. Example of what it means.

I offer evidence: proof of what I said via a link or from a broker report of which those are the latest available.

In fact, all should be researched and checked by shareholders owing RRR shares.

Link: https://www.asx.com.au/listings/how-to-list/listing-requirements

"ASX LISTING REQUIREMENTS: ASSETS A$4m net tangible assets OR A$15m MARKET CAPITALISATION."

When I have time , I will try to recall where I got it from but it will take time to thrawl thru the RRR Financial AR again etc.

So, it may have been UPGRADED FURTHER to A$20m minimum. If, interested , contact the ASX for the LATEST.

For clarity, I HAVE POSTED FROM THE FIRST EQUITY broker note which is EVIDENCE=FACT.