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DRC $10M ARBITRATION AWARD:

I read the RNS as above & I note new info ie the counsel of the para state miner has given assurances to the DRC arbitration court that they will pay [para phrased]. This is new to me given it is not an assumption that they will pay because it is a para state miner but rather it has gone through the COURT as above. The drafting of the RRR RNS was very extremely good & I cannot think that it was not pre-viewed by counsel. As usual, the naysayers have NOT been able to read the legal language to form a sufficient view. I proffer my own view as that may or may not be correct. So, one awaits further developments as per the Chairman's opening note in the RNS yesterday.

However, I quote again from Andrew Bell, Chairman in his post RRR RNS comments to a shareholder/s: "The issue is that one cannot make public statements about EACH meeting. THERE IS NO CHANGE IN OUR GUIDANCE. Did any party get paid out? NO. So, given that they WANT money too you should suspend judgment and --ASSUME A SOLUTION IS COMING AS WE SAID. IN THE DRC & Bukina MY COLLEAGUES CONTINUE WORKING, and honouring the holiday in their own way. So, my holiday will be hybrid, ON-off."

Taken together, it forms an overview and left to shareholders what view they could or may form. Suffice to say, I remain encouraged and positive that the DRC colleagues are WORKING this Easter holiday and so is Mr Bell, on/off. AWAITING DEVELOPMENTS. Sat, 29.3.24.

Marin Katusa of Katusa Research:

"GOLD FUTURES on Comex now $2 , 2 4 2 and climbing. " "Another Katusa tweet: Central banks accumulating like China."

https://twitter.com/KatusaResearch 6 hrs ago, Thur, 28.3.24

HELPFUL

Great day. Thank you to you & Mr Bell also. Grateful for small mercies.

Last few mins to closing, GOLD hit the all time high of US$ 2 , 2 3 8 per oz per Marin Katusa of Katusa Research fame. He shows the chart. https://twitter.com/Marink#Katusa/status/1773471190193213751

Its catching up with the difference in Shanghai Gold Exchange leading earlier.

From Michael Lynch [verified]: " Bullion Banks issue Z E R O delivery notices on the APRIL gold contract. Banks closing SHORTS likely lifted gold price." https://twitter.com/DtDS_WSS Michael Lynch

Helpful,

Thank you so very much. I tend not to infer from earlier interview/s. So, insightful. THE GREATEST CRITIC which Zumore once quoted is today [post all the questions from shareholders etc on Twitter under Bell's thread], oh, surprisingly, NOT ONE BAD WORD TO SAY from the "Bear" and in fact good wishes. Well, wonders will never cease. Checked the blog as well: NOTHING ON RRR -critique etc [British under-statement.] Wishing you , Helpful and shareholders a Blessed Fri and Mon , 29 & 1 Apr 2024.

Sorry , pressed post by mistake:

"out 50.1% JV assets in the DRC were SIGNED AWAY behind our backs for $20m to an initial buyer =======AND THEN IMMEDIATELY S O L D ON =======FOR SEVERAL H U N D R E D M I L L I O N S to a further party, altho these transactions were carefully hidden from us at the time. "

".....WE F I R S T TOOK ADVICE FROM UK COUNSEL ---as to COURSE OF ACTION...litigated for $20m. We obtained a final & executory judgment..." [1st para under the header: DRC LEGAL ACTION, RRR RNS , 28.3.24 , 1/2 yr report].

"GIVEN WE HAVE ESTABLISHED OUR RIGHTS OF 50.1% of the JV PROPERTY ==UNDER CONGOLESE L A W , we ====ARE==TURNING OUR ATTENTION to those REMEDIES available to us in OTHER JURISDICTIONS ===OR FROM O T H E R PARTIES,**********AND IN CONNECTION WITH THIS , ====WILL==BE SEEKING FURTHER A D V I C E FROM COUNSEL." [[LAST PARA OF DRC LEGAL ACTION].

Comment: So, 1st bit of advice from UK counsel was good as judgment obtained in DRC. Last para, ONE AWAITS FURTHER RNS AS TO WHAT COUNSEL HAS STATED UPON CONSULTATION. NOTE: Imperative word: "FURTHER" advice.

DYOR. NIA. Wed, 28.3.24.

RRR 1/2 yr report RNS, 28.3.24 [Thur]:

"Chairman's Statement: The co has CONTINUED to await POSITIVE developments in the DRC" [Opening 1st para inc Elephant Oil IPO.]

"To repeat what we wrote last year, in Dec 2019 our 50.1%

More tweets coming in from Andrew Bell, Chairman, RRR on above topic:

"A.Bell: DRC update is indeed due and has been promised. Obviously, I did not spend a week there for nothing. Did any other party get paid out? No. So given that they want money too you should suspend judgment and assume that a solution is coming as we said."

"A.Bell to another shareholder: "The issue is that one cannot make public statements about each meeting. There is no change in our guidance."

"A.Bell to shareholder: NBGC is about packaging the project to advance it."

"A.Bell to shareholder: There are always as many good people as corrupt. so quiet persistence can win out."

Please check. Link given earlier. Thur, 28.3.24.

Andrew Bell, Chairman of RRR: "Understand but in fact we see there is NOW A CONSENSUS on our rights and we are just ensuring we separate our issue from THOSE of other people, so MODALITIES." -11:01am, Thur, 28.3.24

[Post RRR RNS 1/2 yr a/cs out today at 7am]. Link: https://twitter.com/ABell2019/status/1773304287294067069

"Shanghai trading physical gold+$40/oz higher than Western price today - new Record Price high $ 2 , 2 3 5 an ounce."

Link: https://twitter.com/goldseek/status/1773257851789545570 2 hrs ago, Thur, 28.3.24 [Embedded report from Shanghai Gold Exchange [SGE]. NIA. DYOR.

The RRR RNS, 1/2 yr report of today, Thur, 28.3.24 was VERY WELL WRITTEN legally. I dont want to put any interpretation on the word: "---------------IN THE C O U R S E --OF THE ARBITRATION P R O C E S S , our expectation..." Imperative word: "In the c o u r s e of the arbitration process, playing on 2 words, "course" and "process."?

I am posting post the above RNS released this morning at 7am relating to DRC Litigation. I am pleased that my SUGGESTION has been taken into account in this said RRR RNS [ON FROM OTHER PARTIES] on DRC Litigation ie "...REMEDIES available to us---in OUTSIDE JURISDICTIONS --**************O R FROM O T H E R PARTIES.********"

Comment: "Outside jurisdictions?" = OUTSIDE CONGO/DRC. "OR FROM OTHER PARTIES=the buyer/s in my view.

MY OWN POSITION: FOR THE AVOIDANCE OF DOUBT: For as long as RRR is able to remain listed on AIM or a private co, MY RIGHTS WILL STILL REMAIN if I hold shares in RRR for the DRC LITIGATION, OUTSIDE or from other parties as above. So, as I said, it could be now seen as O P T I O N MONEY and of which since I am only modestly invested, impairment is the worst case scenario but I remain positive, that the LARGEST 3 HOLDERS OF RRR may also agree with my view, in that they want to see value etc. Mr Bell was a director of CHURCHILL MINING who's only operation was litigation at INTERNATIONAL ARBITRATION ie outside the country of jurisdiction. So, he is cognisant of this aspect ie co can concentrate on international arbitration but as I said, other parties could be a legal consideration for shareholders. I GIVE NO WARRANTIES to anyone as everything is in the public domain and via RRR RNS esp today. DYOR. NIA. Thur, 28.3.24.

"DRC Litigation:

Given we have ESTABLISHED our RIGHTS as 50.1% owners of the property under CONGOLESE LAW, we ---ARE--TURNING-OUR -ATTENTION- to those ==REMEDIES== available to us ===IN O T H E R JURISDICTIONS====O R FROM ==O T H E R PARTIES, and in connection with this ----W I L L B E ---SEEKING further A D V I C E from COUNSEL."

As a result of the undertakings GIVEN by the BUYER, a PARA STATE co, =======IN THE COURSE OF THE ARBITRATION PROCESS, our e x p e c ta t i o n is that PAYMENTS will be MADE PROMPTLY." Verbatim.

FAO: HawaiiFive0

Having come out due to your asking about me re: B, you can see that I am not. During this short period, I have come to the conclusion that I can sympathise with those who have lost money on RRR. I dont know at what stage folks bought into and whether it is correct, one even MORTGAGED his house etc. But Helpful said it is NOT RRR but rather Regency. I dont know as I was not around at that time. Helpful said that STOCKS have "REVERSION TO MEAN" and that is a historical fact for junior explorers. There is one poster on Twitter and his main PINNED TWEET STATED: "SEVERE BEAR MKT in the JUNIOR EXPLORER sector CONTINUES-average fall since Q1,2021 CIRCA 80%. MANY STOCKS DOWN 90%-SECTOR DECLINE 2.5yrs-Is it time to buy? This tweet shows ALL THE STOCKS INC RRR ---44 JUNIOR EXPLORERS. https://twitter.com/Oilplayer2009/status/1699025851063365745 dated 5 Sep 2023. In fact, many MORE this chap missed out. Obviously, the stocks fell further as the sector has NOT yet recovered. LOSSES-LOSSES-LOSSES --------No, its is not about the RNS etc-----------IT IS ABOUT A SEVERE BEAR MARKET IN JUNIOR EXPLORERS ---FACT. So, folks should have taken TIME OUT of the stock market for AIM. Even GGP and Solg the market favs have been hit . So, HAWAIIFIVEO, I am sure you will understand that I dont want to spend time on going to and fro. Even 1 statement from Helpful about the new MAR rules are still NOT understood or the writer does not want to understand. Dont know which but it is obvious that the RRR Nomad is not having telescopic eyes on RRR but EVERY NOMAD is being cautious in general due to the new rules. THIS WOULD MEAN TO RNS MARKET SENSITIVE INFO--hence, RRR Reach for an update. Yes, No but RRR RNS Reach was blown out of all proportions. |Issue news, wrong, dont issue , wrong? So, lets say, that nothing pleases? Ta Ta.

Blueboy1975

Today, the CEO of a London Stock Exchange explorer gave an interview to an ex-Kitco interviewer who appears to have a new TV channel? The title of the interview is very telling and this means that this CEO is aware of what is going on in the world. Heard of Basel III and the new rules. Well, maybe, you havent but the WHOLE FINANCIAL WORLD is alight with this news development. Perhaps, one day it will arrive to your postbox. In the meantime, Banburyboy has chose RRR to be in particular but in FACT, the new rules applies to ALL CO's , not sure about FT stocks but certainly ALL AIM co's. Relating to Zimbabwe, there has been NO change to the Zim co and its licences. As for the pics, I dont want to comment as its just going to be a non-issue in my view and so much noise. Why? It depends WHO owns the lithium and until owned and paid for, no one in general can take the pics, so a stock pic may be used. But do check with the Nomad and legal principles 101. I have not looked too carefully into Zimbabwe. AS FOR STATUS, BLUEBOY1975, THE FACT THAT NO ONE CAN DENY IS THAT RRR IS A GOLD EXPLORER and by extension, copper eg MUSONI, subject to DRC award arbitration. THAT IS FACT AND LEGALLY CORRECT given it has a JORC STATUS IE THE GOLD IN KENYA. Prove me wrong - GGP has HAVIERON of which they own 30% of the deposit, so does Solgold with Cascabel deposit. FACTUALLY AND LEGALLY CORRECT OR NOT? I PROVIDE EVIDENCE. Dyor. NIA. It is Easter and Fri & Mon, the stock market closes.

HELPFUL

Here's wishing and hoping that what Paul Johnson did per their investigation [see his coffee book style presentation], that SUNDAY CREEK extends or potentially extends into RRR KILMORE [now 1005] ? If so, in theory, one should or could see potentially a replication of sort/s of the same type of mineralisation/s type/s. Sunday Creek's parent co, SXG on ASX has a high mkt cap in excess of A$168m currently, 27.3.24. Pleased to hear with thanks that Mr Bell is on the buzz with Oz.

GOLD: The day of Zoltan Pozsar has arrived - see HSBC in the news today. Its a GAME CHANGER and commented upon on Twitter as well. Looks like the bank has got there first to market. Changes the status here and RRR Australia is of greater interest now? I am sure Mr Bell is aware.

P.S. Note the DIFFERENCE in English:

[1] SHADOW DIRECTOR.

[2] "SHADOW DIRECTOR" [In English, when a word is in INVERTED COMMAS, there is a different meaning as norm, so one has to look out for this.

[3] "SHADOW DIRECTOR" territory."- Helpful stated and that is LEGALLY QUALIFIED by the sentence BEFORE this, hence why it is NOT shadow director BUT "SHADOW DIRECTOR" territory." ---------H UUUUUG DIFFERENCE.----

It is now important as it would appear that WRONG END OF THE STICK is applied to what is being said and what it is perceived. 1st rule of communication , X says Y but Z does not understand so both have to discuss what IS ACTUALLY BEING SAID. 2nd rule of communication, can Y say what X said? That is why telephone convo's are even harder if it is not in print or interviews where verbatim is not quoted.

FOR THOSE WHO CAN UNDERSTAND ENGLISH?: HELPFUL'S 14:41 POST VERBATIM: "I can tell you for a fact that AIM has been putting pressure on Nomads to ACT ---like--a quasi-regulator --which end up with them TRYING to restrict what can or cannot be said and when -some RNS take days to work through the system even though MAR says the market should be notified immediately, some take longer.

😊 In my view, THE NOMADS ARE GETTING THEMSELVES INTO "SHADOW DIRECTOR" TERRITORY and will end up with some of them causing problems for themselves." [Note: "Shadow Director" used and note further, "territory."]

VERSES BANBURYBOY stating to me: "HELPFUL SAID NOMADS WERE SHADOW DIRECTORS at 14:41. OF COURSE , THEY ARE NOT."

CONCLUSION: It is now obvious that Banburyboy does not appear to UNDERSTAND the difference between "shadow director territory" and shadow directors. ALSO, BANBURBOY HAS NOT BEEN KEEPING UP TO DATE WITH THE LATEST in that it could be perceived or the IDEA given that the regulatory role, be it in part or in kind has been in part or in whole or semi PASSED to the Nomad. It has been in all the news but I have not read the new MAR rules as yet given I am aware from banking rules, it is NEVER stated nor can it be, XYZ co cannot say tis or that , rather it is rather grey? So, like in banking and freezing of accounts, the DISCRETIONARY regulatory role [part, whole or semi] can cause issues?

I dont know if CANT UNDERSTAND or does not want to understand ---therefore, the comment relating to me is refuted. I CAN READ BASIC ENGLISH and Helpful has elucidated. That may now be the possible reason for REACH RNS. Why? The info is of interest to shareholders and they want to know about DRC BUT it may not qualify as "sensitive information" yet until a more definitive status is reach or can be reached. I am not editing. Off for a cup of tea.

There you are Theeeeduke - You cannot go to ISCID WITHOUT a statement of claim!!! So, even in theory, one wants to know how much is the CLAIM. There are some guidelines and it is hard to gauge the claim that will be accepted , hence why an Investment Bank is involved in the prep of the Valuation Report for filing the claim. SO, NOT GOING TO BE BUTTONS if it was sold on for US$430m to the major per the RRR broker report, is it? I am quite sure RRR has some idea of the claim as in the interview or reports, RRR has already spoken to counsel, be it formally or informally as 1st base but a 2nd or 3rd view may be helpful, especially from an expert. Helpful, you have have filtered Ban but what he stated must be answered as it is NOT what you said. RRR had to renew the Kenyan licences and Helpful said it is worth flying to Kenya rather than just to do online sort of communication. In these countries outside Tier 1 jurisdictions, it is important to be on hand to sign and make sure there is evidence etc. THANK YOU HELPFUL, re: Oz. I said many things are happening in the gold sector and one that will affect ....and folks are not attentive to what is going on.? BUY LOW, SELL HIGH OR HIGHER - aim. Its NOT BUY HIGH, sell LOW = loss of savings.? 101.

See how Banburboy has stated: Helpful: Nomads ARE SHADOW Directors. Helpful said: They are moving into shadow directors territory and this could get them .... I cant see all the posts as the immediate one is not visible. So, from para phrase. Theeeeduke: HELPFUL EXPLAINED TO YOU that when the CLAIM GOES IN, it will be X, Y, Z amount. NO ONE DECIDES WHAT IT IS--AN INVESTMENT BANK , preferably Tier 1 has to provided a VALUATION REPORT and this will be submitted to the International Tribunal. So, YES, IT IS MATERIAL that one would like to know the range. I cant recall all the interviews by RRR on this, as I was not paying attention to the total writ of claim. YES, IT IS OF INTEREST even if it is academic at this stage as the components of the claim need to be clarified. BY THE WAY, RRR JV PARTNER IS NOT ABLE TO FILE AT THE INTERNATIONAL COURT OF ARBITRATION TO GO FOR THE 2ND PART ie the asset was sold on to a major. Why? Britain has investment treaties with DRC but the JV partner is in the DRC and that means it is not subject to international tribunal as it there is no investment treaty DRC vs DRC. So, it will have to be a local case at best or worst.? NIA. DYOR.

Yes, Helpful, I am aware of the new slant, let's put it that way akin to bank staff of junior levels, not knowing when it is MLR but they freeze anyway to be "conservative", hence why the Ombudsman gets thousands of case work every yr. 750k bank accounts have been frozen in year 2022 alone, I recall. Now, the same is for NOMADS. Hence, to me, it is the same fine line but in law, one has to "DEFINE". In the case of a contract agreement, what qualifies as fulfilment of a book contract agreement? If it goes to Court, it can be very subjective based on precedent law etc. So, one author legally specified eg the work is to be delivered on x, y, z date and it is x,y, z no of words etc. The finer the qualification, the less the room for open legal arguement.

I would like to touch on a few points: [1] Today, one poster said he lost a "FORTUNE" on RRR. So, I decided to look at his history. I was SHOCKED that only a few of the 136 odd all time posts have been retained and the REST ALL WIPED OUT ie deleted? Rather strange as mine are all intact as norm. I wanted to see what the poster means by "a fortune". Fortune can mean many things to many people. [2] I have realised today that many who have LOST MONEY on RRR have not taken the precaution of due diligence of a sort that meets the minimum THRESHOLD given ONE'S SAVINGS is involved. [3] HELPFUL- YOU ARE VERY GENEROUS AND FORGIVING TO BANBURYBOY per my perception and understanding? Why? This gent REPEATS a line on every post he mentions you but he has made the MISTAKE of Law 101 to REVEAL WHO YOU ARE IN REAL LIFE ie YOUR FULL NAME. He also reveals YOUR PROFESSION & therefore, your living is at risk since he put a judgement on NO SUPPORTING EVIDENCE that can hold up legally. One is taught Day 1 in Law 101 but two points of law have already been faulted. [4] This gent has called me names of the sort that the LONDON SOUTH EAST website has banned posters for permanently and I dont need to mention what. So, I am also being GENEROUS and FORGIVING as it is Easter and when life is over, I hope for mercy so have to show mercy. [5] I do sympathise with people who have lost money. Do folks remember SIRIUS MINERALS, the Yorkshire potash co.? Well, it was in all the newspapers wherein people invested ALL their savings, drew out army pensions etc to put into the co. However, the co stated in the RNS that it was dependant on BOND borrowings. The night before, it was published that BONDS were going to be shut off in general and therefore, no BOND could be raised. The sp fell or rather it C. So, it pays for folks to put their heads together to research what is happening in the market place rather than not do 1 bit of research of the RIGHT TYPE. [6] NO, BANBURYBOY may have got the wrong idea that the NOMAD is or should be the "SHADOW DIRECTOR". I have not bothered to read the rules in detail but I have an overview. [7] What is of interest is that there is micro-managing on this forum by an ex-NED or as he said ,?