Member Info for news

Tweet: "A general lithium RALLY took place today in the CHINESE MARKET s p o t market."-5 hrs ago, Tues, 2 Apr 2024.

https://twitter.com/jczuleta/status/1775022227412459680 [By Lithium Economic Analyst]

Relevance to RRR Zimbabwe Lithium : Refer to latest RRR RNS, Thur 28 Mar 2024 ["1/2 yr report (a/c's). Zimbabwe lithium buyers are Chinese in general and in particular inc. operators etc.?

Pictures shown of Pond [as is necessary for gold operation], Geologists [plural], Military Camp Gendarmerie protection etc and TEST STAGE [short video] plus Gold comment. [4 pics inc short video, comments etc].

https://twitter.com/RRR_RedRock Tues, 2 Apr 2024.

---------------ON TIME PER GUIDANCE?---BILBALE, BURKINA FASO.-------------

Part 3:

ELEPHANT OIL IPO: Investee co of RRR. In the RRR RNS of 28 Mar 2024 [1/2 year report] it was stated on Thur, that this is also awaited. I recall that a higher IPO mkt cap is sought and so an update is due ie a/cs filed and the potential date for the IPO since the SEC has not rejected the IPO. Now, Namibia is hot oil territory and the IPO should get off with Dr STALEY of Cove Energy fame as a Director of Elephant Oil. Shell bid $1.8bn to acquire Cove Energy listed in London. Such a big name ie DR STALEY OF COVE can attract investors to the IPO. Shell lost out to the Thai Oil State co.

WHAT ELSE IS IN THE RRR CUPBOARD to sell, hive off, JV, litigated over---------TIME HAS COME AS COPPER PRICE AND GOLD RISING. Gold is at a record high. 1 Apr 2024, Mon. Public Holiday & Stock Market Closed.

Part 2: Red Rock Resources EL LIMON Royalties. [Colombia]:

The El Limon mine is re-starting in Q2, 2024. Interestingly: "RED ROCK, COLOMBIA MILLING SETTLE DISPUTE OVER EL LIMON MINE SALE."- S & P Global, 5 Apr 2017. Quote: "In Jan , Red Rock submitted a request for ARBITRATION to the International Chamber of Commerce---proceedings DISCONTINUED ." Why? SETTLEMENT agreed.

------------------$3M payable on production royalty [RRR sold gold assets for $5m.]--------------

RRR LITIGATION:

El Limon was also litigated over at the International Chamber of Commerce ie filed etc but discontinued as the other party settled. RRR also fought the Kenyan Govt over its licences in Kenya as well. RRR fought VUP as well in DRC for $5m which Gecamines paid VUP and won. So, looks like RRR is indeed proven to be good at litigation and no small wonder as A.Bell is a LLB law grad. Now, RRR can undertake INTERNATIONAL ARBITRATION FOR US$430M [share is $203m for 50.1% of Musoni + Interest although value in the ground is $4bn per Helpful via public sources and this valuation is from RRR Geo's and Gecamine estimates of value in ground].

LUANSHIMBA, DRC

Helpful said yes, drilling deeper could prove copper etc. Also, the licences next door etc are now open @DRC registry. So, this could be a sizeable deposit given what the legendary Robert Friedland said about copper prices rising per Morgan Stanely. So, copper projects hot given DRC grades are higher than say Australia for copper.

COTE D'IVORE

RRR has licences of which Canadian co may be interested and some work was done and show at PDAC recently to these co's. Cote D'Ivoire is supposed to be the most stable of African countries. So, await more hopefully over JV.

RRR ZIMBABWE

Two Australian majors are NOW AUCTIONING their spodumene rather than just getting prices from the market ie they make the price per their agreements via open auction and prices are pretty solid in this way. So, since Americans were interested in the ALR, it may be time to do something re: licences and herein, Chinese were trying to get licences but couldnt especially near the major lithium deposits but RRR could.

RRR'S TIME HAS COME. Lets get the ball rolling and SPIN THEM OUT, SELL THEM, JV THEM AND START LOOKING FOR A CO TO FUND THE DRC LITIGATION OUTSIDE DRC. AVZ got $20m from Locke and Co and so can RRR.

Please provide updates, RRR -thank you. `1 Apr 2024. Mon, Public Holiday, Mkt closed. SGE gold price going higher.

RED ROCK AUSTRALIA - RED ROCK KENYA, 1.2 MOZ GOLD JORCE. [Renewal of licence in progress].

On ECR forum, one poster rightly told the others: What are you guys quoting gold price at a high FOR? Why? They are still at trenching, collecting rocks and assays or drilling. ECR operates in Victoria, Oz. Also, their licences are NOT NEXT DOOR TO SUNDAY CREEK [SXG Mkt Cap:A$152m for only for 49% whilst the parent Mawson of Canada owns 51%. So, in fact to gross up the Southern Cross Mkt cap it is nearly A$300m.] Of interest is that SUNDAY CREEK's mineralisation runs EAST TO WEST FOR 8KM. RRR Australia at KILMORE is next door to Sunday Creek and both were mining towns. As said Paul Johnson wanted to find out IF the Sunday Creek MINERALISATION OF GOLD e x t e n d e d to RRR/POW Kilmore, next door. IT DOES per POW presentation which I have posted. So, it is right that A.BELL, CHAIRMAN OF RRR SAID they have CONSOLIDATED the RRAL to 100% share so as to "ADVANCE THE PROJECT" be it IPO in Australia, part sale or sale. One CANNOT LIST anything less than A$20m on the ASX for mkt cap. So, news is awaited since Mr Bell is working on/off this holiday over DRC, BURKINA and Australia.

KENYA GOLD @MIKEI, RRR - 1.2MOZ GOLD JORC

Yes, unlike ECR, RRR can sell as it is a MINERAL RESOURCE with potential to find multi-million oz as norm since the licence is large. M & A states that gold projects sell at US$30/oz BEFORE the mega price rises vs US$2,200+/oz. Chinese majors are buying. Last M & A in Kenya was Barrick selling their gold deposit for $13m USD for a bit less than RRR 1.2moz gold JORC. Helpful reminded me of the TAILINGS AS WELL. If RRR opens a DATA ROOM to sell RRR KENYA, there could be buyers and the very minimum is US$13m+ but at M & A @$30 USD per oz = 1.2moz gold x US$30/oz ====US $36M.

"NAKED SHORTING"-All discussed by Canadian miners as they prep for Class Action of Billion$ against naked shorting which has cost them a loss of $40m. Share price weakness is also part of this ? Why? If there is an issuance of MORE SHARES than actually have been issued, then there is weakness in the sp without supply more than demand etc 101. Now that there is NO ISSURANCE as the Resident tried to suggest for the RRR AGM, 16 Feb 2024 Authority to issue, Resolution 4 passed -BUT TO DATE NO ISSUANCE , then it may appear to be no surprise if folks jumped and did did a short on it via a "naked short". HawaiiFive0 posted today what A.Bell said ie "naked shortts" on RRR?

DRC INTERNATIONAL ARBITRATION: Would be good to hear from RRR further on this as it is not dependent on the DRC local award arbitration given DRC recognises RRR established rights to the Musoni asset - see Bell's tweet and RRR RNS of 28 Mar 2024 [Thur] re: "1/2 year report."

CAN WE HAVE AN UPDATE PLEASE RRR? Thank you.

Thank you, Helpful for the link to the account. LoL -Banburyboy !!!

No wonder why he doesnt want you here.

Ie Red Rock Coal.

So, Mr A. Bell , Chairman of RRR was correct in mentioning SHORTS on RRR ie potentially synthetic type? HawaiiFiveO posted today what Chairman Bell said. So, with Banburyboy appears to be "slipping" out the name ZUMORE , the poster who will "CONFIRM"? Confirm something that is NOT IN THE PUBLIC DOMAIN and DOES NOT EXISTS? See Banburyboy's last post on this forum a few mins ago and mention of YORKVILLE? How does Yorkville come into this and Zumore? All very confusing but did Banburyboy LET THE CAT OUT OF THE BAG? Why? Are these CITY ? Askin. Mon, 1 Apr 2024 Public Holiday and Stock Market closed. DYOR. NIA. ASKING QUESTIONS?

There is NO RRR Coal at UK Companies House nor any such ...as Banbury stated in his earlier post today below.

BanbuyBOY goes -disappears.

Out pops BlueBOY.

LoL.

Out pops Zumore. Is Zumore from Yorkville Advisors per Banburyboy?

-------------SERIOUS CONCERN NOW-------------

Part 2: PUTTING SUCH INFO OF WHICH IS NOT BACKED UP BY LEGAL EVIDENCE AND PROOF appears to be a No No on any forum? Yes, No? WELL, WELL, Now , every shareholder will want action taken POTENTIALLY ===========BEFORE THE STOCK MARKET OPENS TOMORROW MORNING AT 8 AM, TUES, 2 APR 2024.---------I DO NOT HAVE MR BELL'S TEL NO, EMAIL ETC AND HAVE NEVER CONTACTED HIM BEFORE. BUT SOMEONE HAD BETTER CONTACT MR BELL VIA TWITTER ETC AS THIS IS NOW A SERIOUS CONCERN and needs attention. DYOR. NIA. 1 Apr 2024, Mon, Public Holiday and Stock Market closed. P.S. MAKING CONJECTURES is not on if one does not have EVIDENCE. Why? It appears the motive is x or y?

-------------------FAO: Mr A. Bell, Chairman of RRR, Apr 1,2024----------------

Banburyboy has just stated he has been on this forum for 5 years and said he has saved people a fortune a/c to him. But I have actually CHECKED the RRR share chart per Google Finance and this is NOT CORRECT, FACT.

Now, Banburyboy appears to assert WITHOUT A LINK OR EVIDENCE/PROOF of "COAL'S ACCOUNT FILED YESTERDAY. THEY HAVE A £2M DEBT owed by a related party that party is RRR Plc. So, a charge on RRR Coals assets defacto on RRR Plc as they own a £2m debt. As Helpful says NO disclosures at CH yet so conjecture on my part BASED ON PAST FORM I think with YORKVILLE [ Z U M O R E WILL CONFIRM I SUSPECT]." Verbatim from Banburyboy at 19:13pm, Mon, 1 Apr 2024.

Comment: Posting conjectures based on the "PAST" appears to be irresponsible to other shareholders since Banburyboy is NOT a shareholder of RRR. He said he has been posting on this forum for 5 YEARS!!! INTERESTING THAT ZUMORE CAN CONFIRM and Banburyboy cites YORKVILLE -----------SO ZUMORE IS A CITY FIRM AT YORKVILLE.ADVISORS? DOES THE CEO OF YORKVILLE KNOW THAT INFO APPEARS TO BE COMING OUT WITHOUT LEGAL AUTHORISATION onto a public forum? Does Yorkville support what is NOT law ie major can acquire a mining asset which is NOT owned by the seller 100%? Etc. Banburyboy MAY NOW HAVE POTENTIALLY LET THE CAT OUT OF THE BAG? YES, NO? HOW? YORKVILLE? NO ONE KNEW ABOUT YORKVILLE? HOW DID YORKVILLE COME INTO THIS? DOES MARK ANGELO, CEO OF YORKVILLE KNOW ALL THIS IS BEING POSTED ON A PUBLIC FORUM WHICH COULD BE CONFIDENTIAL INFO AND SENSITIVE - it may NOT EVEN BE CORRECT FOR ALL ONE KNOWS. Why? NO EVIDENCE------------OR PROOF HAS BEEN SHOWN? Apr 1, 2024, Mon , Public Holiday and Stock Market Closed. I AM ASKING QUESTIONS ?

RRR Share Price Chart [5 years]: Per discussion by Banburyboy below:

On 27 Mar 2020, RRR share price was 0.17p.

On 18 Sep 2020, RRR HIT 1.05p [rise, then steep rise]. = 6 0 0 %+ RISE . [27.3.20-18.9.20].

On 4 Dec 2020, RRR share price was 0.7p.

On 15 Jan 2021, RRR share price was 1.2p = 71% + [4.12.20-15.1.21].

On 28 May 2021, RRR share price 0.95p.

On 9 July 2021, RRR share was 0.83p.

On 26 Aug 2022, RRR share price was 0.65p. And so forth.

BANBURYBOY>

"IVE HAVE WARNED PEOPLE FOR 5 YEARS AND SAVED THEM A FORTUNE." -18:40pm post, LSE RRR, 1 Apr 2024, Mon.

THE EVIDENCE DOES NOT SUPPORT WHAT YOU SAID?:

If one bought at the 0.17p on 27 Mar 2020 then the rise to 1.2p on 15 Jan 2021 [LESS THAN 1 YR] meant a PROFIT OF + 6 0 0 % OR 6 x plus.!!!!

LoL. So, please leave it to folks what they do as it is obvious the bottom fishers profited in such a mega way? Yes, No? Just check Google Finance RRR.

Zumore will confirm Banburyboy on RRR Coal? Zumore appears to believe that the MAJOR'S LICENC AT MUSONI via their legal team CHECKED and they own it? I say!!!??? Same as AVZ now and a major is trying to develop it? How come it can go to international tribunal in Washington for AVZ's Manolo lithium deposit in DRC IF it is true that the major has good title to it? The case is against Gecamines for AVZ going thru and AVZ has already WON AN INTERIM ORDER in their FAVOUR? Which planet is this on ie IF ONE BUYS 100% OF A NOTTINGHILL HOUSE IN LONDON WORTH MILLIONS BUT HAS NOT CHECKED THAT IT IS NOT OWNED 100% BY THE SELLER [seller only owns 49.9%and there is NO LEGAL RECOURSE? HEARD OF THE BURMESE LEADER'S HOUSE? Her brother wanted to sells the property and the HIGH COURT ruled NO, since he could NOT PROVE 100% OWNERSHIP. My word , what planet are folks living in at this forum to think that 100% of Musoni can be SOLD and GOOD LEGAL TITLE PASSES to the buyer???? What law is this predicated upon?

That is NOT STRICTLY correct in my view. Why? Read the RRR RNS carefully dated 28 Mar 2024 "1/2 year report [a/cs].

Read carefully the part where it states RRR have "established" ....and which concurs with Mr Bell's tweet/s of 28.3.24. I dont have the RNS in hand so kindly check. It appears that RRR rights are now in "CONSENSUS" per Mr Bell of 28.3.24 tweet & said RNS. It is helpful IF the DRC money comes in. Why? To pay Counsel for some initial work. It is my view but I stand to be corrected that there is NO NEED FOR ANY DRC ARBITRATION AWARD to be made BEFORE RRR can undertake international arbitration in London or Switzerland IF it has been ESTABLISHED UNDER CONGO LAW of RRR's rights. That was 1 of the legal defences DRC used against a oil co. So, that must be ESTABLISHED 101 as norm. Then, there is the matter of looking for MONEY for the international arbitration of which there are co's that fund such legal actions et AVZ given a $20m loan for their int. arb vs DRC for Manono lithium , 1 of the world's largest lithium project.

YES, HELPFUL, I CHECKED THE RRR CHARGES AT COMPANIES HOUSE AND NONE. TO CHECK JUST GO TO COMPANIES HOUSE AND TYPE RED ROCK RESOURCES.

BANBURYBOY at 17:32, London South East Red Rock Resources stock forum, 1 Apr 2024, Monday [Public Holiday & Stock Market Closed]:

Quoted verbatim from Banburyboy: "MEANWHILE, OUR BENEFACTOR LOANS US 150K A MONTH. DO THEY HAVE A CHARGE ON THE ASSETS? I SUSPECT SO. COULD THEY FORECLOSE AND TAKE -------ASSETS AT BOOK VALUE? POSSIBLY."

My Comment:

Banburyboy: It would appear rather "IRRESPONSIBLE" to post the above. Why? Do you know? Do you have ANY EVIDENCE OR PROOF ? A/c to Companies House for RRR, there is NO CHARGE on the co. Whilst so many talk of ASSETS is of NO USE, but you are stating the OPPOSITE to them? How? That one, could get CASH OF $150K/MTH BASED ON ASSETS?

RRR ASSETS ARE IN THE REGION OF £13M [lower end] vs £1.94m mkt cap of RRR at 0.056p. So, just a $150k/mth loan , say, WILL END UP WITH TAKING EVERYTHING FROM RRR ie assets of at least £13m? I SAY. SOLGOLD has put out a term sheet that in M & A, copper is priced at 0.6c/lb and this is accepted known of FAIR VALUE per M & A metrics. Similarly, if RRR KENYA JORC OF 1.2MOZ is taken into a/c at $30/oz M & A [before gold prices went up],====THAT IS US$36M.-==

TO EVEN SUGGEST A LOAN of $150k/mth for a short time , say from RRR AGM of 16 Feb 2024 to date is 1 month+ of $150k would INCUR TAKING £13M OR US$36M VALUED ON THE OPEN M & A METRICS? Why, there would be CLASS ACTION in the USA I am sure but here, it is like one trader buying a Titanic watch for £10 which was worth thousands -I think there is a legal suit? Hence, why I say, appears to be "irresponsible" to even suggest such a notion of $150k for 1 month =taking $36 MILLION FOR A 1.2MOZ KENYA RRR ASSET WHICH HAS A JORC. Yes, No? 1 Apr 2024, Mon, Public Holiday and Stock Market closed. DYOR. NIA.

Richyrich1

On the subject matter, of assisted dying which A.Bell is discussing on Twitter, it boils down to $$$. I dont think it is passed into law yet here. However, in Canada, one person said the govt offered assisted dying to a Canadian who was injured from the jab? Be, whatever it is, the widow of Drapper, a TV host is in debt to £1.6m due to the care fees of 24/7 and adaptation of the home for Derek. It brings home reality. So, coming back to RRR, is there any other stock in your view that will be a potential riser? Of course, I can count a few that are at their lows but they dont tend to have a JORC asset.

So, for the RRR naysayers here, I take it all of you have $10m in the bank at this moment and therefore too rich and can look ...at RRR and criticise? But for others, the matter is looming with PENSION potentially rising further ie age or means tested. Why? All are unfunded , even in the USA. Hence, if assisted dying comes into law, then unless one has private means it will mean is there a choice left? If pension is cut, what then? Ah, I think A.Bell will look kindly on those of us who dont have $10m in cash in our bank at this moment and need to Buy RRR stock or such like and therefore, we holders ask Mr Bell to do something for those who are in RRR this Easter with thanks. Mon, 1 A[r 2024 ,Public Holiday and Stock Market closed.

RichyRich1

I am NOT comparing RRR to Solgold. Solgold's assets are $150bn. But I was bringing up the principle of ASSETS relative to the mkt cap and their spend on exploration which has been taken to the Balance Sheet. Solgold tweeted themselves that the exploration spend has been OVER $300M USD in a very recent tweet. I checked the BALANCE SHEET and therefore, it concurs.

LAUGH? Solgold also needs MONEY to continue because they only have X $ in cash. What is the difference between Solgold , GGP & RRR - all need funds?

On the subject matter earlier, A.Bell has posted on "Assisted Dying." Bell posted an excerpt from a article. It is not law yet but the main reason is $$, from what I perceive. Yes, it goes back to what I discussed. So, you must have $10m in the bank to be able not to need to buy potential small AIM co's? Ah, then you had better proceed to the BIG BOARD of FT stocks. Us, we need to buy small stocks and ALL HAVE RISKS higher than norm. Who says? London Stock Exchange tells folks what AIM is and the risks.

I was in Solgold as you yourself said given you have seen me. My word, the things folks said cannot be repeated at Solgold in the early days. History now says otherwise.

RichyRich1

No, I am not a student of CHARTS to the extent I follow every 15 min candle etc. That is only more applicable to bigger American stocks if everyone follows that or their algo is based on that. However, algo's I understand follow points of inflection. CHARTS cannot PREDICT the future . Why? If it is drawn to the downside, then it does not PLUNGE all the way. Nor does it go up all the way normally. So, charting, from my view, is HEDGED. If market goes up, one will say the charts say so or if down , so do the charts say so. CHARTS can be just the extension of the moving averages etc.

Does the CHART know about the DRC arbitration ? Does the CHART know about potential DRC international arbitration?

Maybe , RichyRich1, you are rich in your own right ie millions in the bank but this is not norm. CARE HOME fees are £1,600 per week a/c to what I have checked yesterday vs Derek Drapper RIP care [24/7] at £16,000 a month. A doctor said he sold his house, sold his flat, run down all his cash and NO MORE ASSET left and care fees are still outstanding. Dont forget these care homes are not charities and are commercially based , so once money runs out, it is out. Govt cant pay for everyone given it is now know that social security budgets have exceeded x and y. Hence, there is talk which has been known for a long time in the Western world that either pension age goes up or pension could be means tested? So, for many here on RRR, if one could afford it, why not invest in stocks like BHP , mkt cap A$224m with a dividend. I will tell you the reason why. The stock is priced at $44.27 AUD. Even £1,000 will be buying fractions given the mkt cap. So, RRR and such other tiny AIM stocks are a play if one wants to have some potential upside that is not 10% but risk is also much higher for AIM stocks. Everyone has to do what is right for themselves. But for many, we have to look for the GGP's and Solg's of the AIM market. Why? Answer obvious, isnt it? DYOR. NIA. I look all the time and read as many results as possible re: this topic.

P.S.

GOLD ROYALTIES CO'S.

You will be aware that Solgold has already SOLD their royalty to 2 co's : One is a royalty deal for $100m by selling 1% of Alpala copper and gold project to FRANCO NEVADA, a large listed royalty co. That is £81m in British £ per reporting. 2nd: Solgold sold $50m in royalties to OSISKO Gold, another big royalty listed co.

This was sometime ago and I recall, all they had was a MRE [lots of upgrades to MRE since then?]. So, 2 big royalty co's gave Solgold $150m USD just to get a FUTURE royalty of some 1% in the case of Nevada for production etc.?

You said there is no value but there is obviously. Alpala is a Tier 1 deposit and will require $1.5bn capex initially and there is NO production etc yet. If according to the views here, then ALL PROJECTS ARE 0 OR CLOSE TO 0, I WAS TOLD LAST NIGHT ON THIS FORUM. Must be the whole stock market is WRONG ------all ANALYSTS will have to be out of a job then. Why? Based on Joe Public different schools of thought of which none concur either ie no set rules etc? Why? No one is agreed what are the rules? That is my perception ?

So, yes, ALL ANALYSTS will agree with HELPFUL -they all share an ACADEMIC background in SECURITY VALUATION , accounting , law etc. Analysts as in WH Ireland that like in the ground valuation metrics and that appears to be what GECAMINES is also predicated upon re: RRR Musoni and RRR Geo's [Economic Geo's]. Everyone cant be wrong , surely? All uni's have to shut down and listen to Joe Public on every topic? Yes, No?

Richyrich1 to me:

"I've still to read 1 criticism from you towards Red Rock."[1]

"You can shout all you want about assets but if there is no buyer, they are only worth how much something is willing to pay for them." [2]

My Answer:

[1]I ignore ALL the past of RRR. Why? It is NOT relevant to the present and specifically to the ASSETS of which is stated in the RRR Balance Sheet. Market analysis states that surely 101? If there is a dis-connect, then it could, in theory, re-rate accordingly - this is common to all the junior exploration stocks in general and in particular 101. If you disagree, that is up to you and your own analysis which is NOT PREDICATED UPON STOCK ANALYSIS 101.

[2]I have NO CRITICISM to make of RRR at all. Why? I only value on ASSETS minus liabilities for all stocks. Yes, the running expenses are always present for all AIM co's but I am not privy to anything of that nature, so I only have the assets to go on. In this regard, the RRR RNS of 28 Mar 2024 re: "1/2 year report" [a/c's] is the DEFINITIVE to go on. What else is there. In a loan for a mortgage, isnt that the form to fill ie assets minus liabilities? To be a resident of another country, isnt that what one has to show ie liquid asset? Whole world is based on asset minus liabilities, even in probate, a valuation report must be submitted to the Probate Court. On the day, I have "NEW EVIDENCE" that it is NOT so, I dont criticise. Why? I came from a RC schooling and one is taught, dont criticise for the sake of criticism - until one walks in the same shoes etc. I see all the MAJOR critics ie bloggers have gone into co's as CEO or directors and I dont see they are having any more success? Why? It is all predicated upon assets [minus liabilities] and one cant conjure up a Tier 1 just like that.

[3] No, I am NOT joined at the hips with Helpful but I have a similar BACKGROUND to Helpful in the academic --if blame needs be, then the Harvards of this world etc are teaching WRONG things about STOCK SECURITY VALUATIONS ETC, accounting etc. They should take lessons from others ie look at the past and concentrate on this and that or oooh, nothing is proof ie not even legal evidence etc. So, yes, I am afraid that is the case of academic similarities.

[4] No, I am NOT privy so as with all stocks, I only can go on what is in the public domain, so I cannot say tis or that so everything is DYOR & NIA.

Mon, 1 Apr 2024. Public Holiday & Stock Market Closed. ALSO: THE LIFE CYCLE OF A JUNIOR MINER & LASSONDE CURVE -must be the market is also teaching wrong things? Why? None of these juniors have ANY MONEY OR IN PRODUCTION either and many have not even reach JORC and yet their mkt cap is not 0 as some say here or close to 0? That is FACT and STOCK MARKET AT THE MOMO. DYOR. NIA.

Helpful at 15:44, London South East Red Rock Resources, Mon, 1 Apr 2024 [Public Holiday/Stock Mkt closed].

Thank you. I do recall that RRR used Geo's.

I love it: "THE $4BN IS BASED ON THE ESTIMATED VALUE IN THE GROUND AT MUSONI. ESTIMATED BY BOTH GECAMINES & RRR GEOLOGISTS: STATED SEVERAL TIMES IN THE PUBLIC DOMAIN." -Verbatim.

Also, "That excludes the other licences but more importantly refers only to the oxide body and not to the sulphide body. Further, the Musoni licence was only partially drilled: likely it extends further and there are two undrilled targets on the licence." -Verbatim.

Also: " Any claim would be substantial: what the court would award is up in the air but no way it would be less than $205m with interest." -Verbatim.

Ref: RRR DRC ARBITRATION AND INTERNATIONAL ARBITRATION POTENTIALLY. Ref: RRR RNS 28 Mar 2024 [1/2 yr report: "DRC Legal Action]. COMMENT: SO , ZUMORE et al ---RRR Geo's & Gecamines: "Estimated by RRR Geo's and Gecamines.." Gecamines is the DRC state mining co. Why $205m plus interest? $205m is HALF of $430m approx. and interest is norm in international arbitration. APOLOGY to Zumore for what? For quoting out of a broker report? If not satisfied, rings Gecamines and RRR geo's. DYOR. NIA. 1 April 2024 Mon, Public Holiday & Stock Mkt closed.

-------------------ENDS ALL CONVO.--------FACTS ABOVE + RRR RNS/s.------------Please read---------------