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Mr Bell posted a picture and tweet that he was at Brussels airport at 11am, Wed, 13.3.24 https://twitter.com/ABell2019/status/1767840884710621398

What is Talkinto talking about £1.5m?

KENYA SORTED----1.2MOZ GOLD LICENCES.

Just came in and listened to the above interview today, Wed, 13 Mar 2024: Highlights: [1] Paul & Bell worked together for a long time. PoW: Australia NOT central to their strategy. RRR PUT ASSET INTO PLAY@ Australia ,Victoria gold. PEOPLE ALREADY TALKING TO US ABOUT IT ===TAKE ALL OF IT. FUNDING OR IPO. Australia gold , high grade, near facilities. RRR knows what is there -get resource [define?]- team there know how to do it. Gold -aggressive appraisal with it ie direction. GOOD ASSET-good property. QUESTION: Does it need shareholder approval? Answer: NO, unless there is a raise [specific] for this Oz project [optionality]. No decision. [2] KENYA - SORTED. [3] AUSTRALIA -SORTED. [3] DRC - to be sorted. LEGAL COUNSEL FOR JV PARTNER thinks he will NOT BE PAID by his client so wants payment. He is a MINISTER but will LEAVE soon. Using influence but arbitration rules . Trying to get RRR to pay but HIS CLIENT CAN PAY. TRYING TO DELAY IE COUNSEL FOR JV PARTNER -----------TRYING TO BECOME A "P R I N C I P A L." Will be in DRC to sort it out. [4] DL has contacts -Quinn has contacts, BROKERS -compare with each other. [Oz IPO]."

Comment: Two new observations: YES, LIKE ECR, there are BUYER/S for the said RRR Asset [2] Yes, as I said NO contacts = cant get anything done in Australia ie IPO etc. [3] As I said, the COUNSEL for the JV partners =====WILL BE UNABLE TO BECOME A "LEGAL PRINCIPAL" as if he is a LEGAL"PARTY" to the "AGREEMENT" , now "AGREED BETWEEN THE PARTIES."

All good, thank you to Mr Bell et all.

Https://find-and-update.company-information.service.gov.uk/company/05225394/charges Red Rock Resources Plc, Companies House, UK Govt. Wed, 13 Mar 2024 @12:47 noon ---CHECK: "15 CHARGES REGISTERED, 0 OUTSTANDING , 15 SATISFIED, 0 PART SATISFIED.

Note: As today , there are NO CHARGES on RRR plc at Companies House. Kindly check. Has our resident checked? This is the CURRENT FILING STATUS of RRR Plc at Companies House, UK Govt. DYOR. NIA.

The other AIM explorer on the London market is currently the NO 1 riser. So, Victoria gold exploration is not only hot in Australia but also UK ie in favour [following after the ASX Southern Cross Gold at SUNDAY CREEK, neighbour to RRR]. Wed, 13.3.24.

If Red Rock Resources were to IPO today given the strong valuation [mkt cap] of peer on the ASX then a VALUATION has to be done. Is it not correct then under the Balance Sheet [notation of assets split into exploration etc], then it may have to be REVALUATED 101, a/c to theory IF it is IPO'ed or SOLD on the open market to another entity? Isnt that what they teach in accounting on revaluation and impairment theory?

Stock Market 101, looks ahead. Buyers or Sellers do not buy or sell at this moment. Why? There wont be a MARKET otherwise. It goes either way 101, Stock Market Theory and Efficient Mkt Theory. 2nd Stock Market Theory is MKT CAP vs peers. Any helium exploration co in Australia at £2.59m for 2 exploration licences with EP 145 with hydrocarbon discovered as posted last night on the anticline of MEERENIE GAS FIELD? If any, then cite , kindly.

Thank you. Learning RTO rules or perceived rules. As for Balance Sheet, REVALUATION vs impairment 101.

To every sale, there is an equal buy , theory 101. On Twitter, one poster said that MSMN has warrants.?

Answer: If one were to guess the goose sort of thing, then logic or reason would say a HOTEL in a foreign land? That is from the last RRR update from Mr Bell @Stockbox interview from a hotel room in Kenya. Wed, 13.3.24 @11:45am.

SHARE DROUGHT?: Oh well, there is now a possibility that if there has been a lack of potential strategic review, and more shares are out there, then , there has now to be an adjustment, theory 101?

No 1 top riser on London South East leader board. No 1 top volume at 1bn from ADVFN stats.

Mkt Cap: £2.59m.

I just checked London South East TOP RISERS list. At No 2 top riser is a AIM co that is also exploring for gold in the Victoria gold fields, Australia. Since many in the UK find it hard to buy ASX stocks, the AIM is the only option. So, now RRR enters the field with RRR Australia @Victoria. PERFECT TIMING, isnt it with Victoria gold fields, a hot exploration area and IN DEMAND? I have not checked the mkt cap of this co but HO5 said it was £6m before the rise currently happening. Industry news for Victoria gold fields, Oz. Wed, 13.3.24. RRR has obviously struck whilst the iron is hot?. Sunday Creek, the next door neighbour of RRR Australia is the hottest exploration play for Victoria gold fields, Oz. NIA. DYOR. So, RRR,RIGHT PLACE, RIGHT TIME.?

If the resident is a Chartered Accountant and a NED, say, if correct, then the financial complexities should have been worked out as norm. As said and pointed out, RRR would have BEEN COGNISANT that at 0.75p/0.8p spread , it undervalues the RRR assets. As such, with the RRR RNS, 13.3.24 re: Australia JV with POW, the SHARE PRICE DISCOVERY is now made transparent at 0.15p -----A PREMIUM OF ALMOST DOUBLE to current price. It is also norm that such a VALUATION Report is done by an investment bank so that it provides a "FAIR VALUE" of RRR. It was NEVER going to be a placing of 1.5bn shares [RRR AGM 16.2.24 , London re: Authority to issue but NOT issued @1.5bn] at 0.07p + was it? It was just not sensible or prudent to shareholders? HENCE, WHY NO PLACING TODATE despite the resident 's view that has not transpired. Heard of critical path analysis? Well, on Twitter, one has already seen the possibility of the next step and it is not in tandem with the resident. All for discussion but suffice to say, the resident may have to increase the RANGE of skills in corporate finance to a much higher level to equate to MARKET DYNAMICS. No one can say at this moment but that above may now EXPLAIN WHY NO PLACING of such a large placement of 1.5bn vs 3.55bn issued. Hope this helps to share views.?

Https://twitter.com/StockBoxMedia Re: RRR RNS 13.3.24 on Red Rock Australia /POW JV.

Https://uk.advfn.com Wed, 13 Mar 2024. @10:40am. MSMN: EP 145 AND EP 155 [HELIUM, AMADEUS BASIN, AUSTRALIA].

From Twitter:

"I see gold deal announced by Red Rock this morning on London AIM has generated a lot of volume already in morning trading. These are great gold ASSETS and could well put RRR on the MAP." - 6 mins ago, Wed, 13.3.24 @10:33am.

https://twitter.com/DavidLenigas

Again, on RRR DRC -this morning's RNS has NOT BEEN READ or ignored re: DRC?

Why is it "STRATEGIC" -- it is strategic because a co has to "play" by the market to do deals on its STRONGEST SUITE of asset. In this case, Southern Cross Gold on the ASX is leading the investment case amongst global investors. Layman's parlance? Global investors at the momo esp Canada are interested in Victoria [gold], Australia and if that is what the market wants, RRR gives them what they want, not what they dont want. Simple

Isnt RRR doing what Bell stated in the Annual Report ie sale, JV etc? Global investors dont want African assets at this moment [depending on which African country etc], so the most desired is a Tier 1 jurisdiction ie Australia. So, Bell is giving the market what it wants.

Kindly read the RNS verbatim, Mr Resident and do not provide conjecture?

From Twitter:

"A STRATEGIC move for RRR this morning. Manoeuvre space created, flexibility, and the ability to PUSH forward a gold project with grade and early production potential. The project is IN PLAY. That is good for RRR, whichever DIRECTION it should choose." [ https://twitter.com/ABell2019 4 mins ago, Wed, 13.3.24].

From Twitter: Paul Johnson https://twitter.com/pauljohnson9691

Paul re-tweeted the POW RNS re: RRR Australiasia deal today.

All good. NICE, RRR STOCK VALUED AT 50% PREMIUM IN THE DEAL RNS TODAY WITH POW.?

P.S. Strike price of the POW/RRR deal is a PREMIUM OF 50%. What does that suggests? That , in corporate speak means that the investment bank has impliedly valued RRR at 50% PREMIUM to the current price, hence, POW cannot undervalue RRR stock, theory 101?

Ah, as I said Southern Cross Gold on the ASX has a MKT CAP OF A$132 MILLION [one day ago] and therefore, one of the hottest ASX stocks re: Victoria Gold and proven by the ANN/RNS of dual listing yesterday and shares up 20.2%/ On the ASX, that is a large mkt cap relatively.

Paul Johnson said he was going into London for MEETINGS. Paul may have been also consulted as to CORPORATE metrics as well - he is very nuanced on his side of his expertise as a Chartered Accountant. After all, Paul and Mr Bell restructured GGP and hired Gervaise from Sydney and the rest is history. Yes, norm, to get specialisms in. Very difficult for 1 person to have contacts, asset disposal expertise etc. Just a discussion and that is what I concluded but it is now HISTORY. Wed, 13.3.24.

Thank you to the poster who referenced us, holders to POW's RNS on the sale of Red Rock Australia. I have just gone to see the POW RNS [JV partner]. THE BOOK VALUE per POW RNS for 49.9% of Red Rock Australia is £870,784. Therefore, the 100% interest is IMPLIEDLY £ 1 . 7 4 1 MILLION.

I also note that there is PROVISION in the POW RNS that IF a SALE of Red Rock Australia is done, they will also have a return. I note that the price strike is 50% TO RRR share price.? YES, IT IS AN STRATEGICALLY ASTUTE MOVE , IN TERMS OF CORPORATE STRUCTURE -very hard to sell or IPO with JV partners. So, choice, do a deal or the asset is stranded. Case study? Solgold and Cornerstone JV - Solgold had to buy Cornerstone also for the same corporate reason.