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15:58 Thank you , NikeAir180

I CONFIRM that my RRR is NOT bought on credit. Everyone knows that at HL in Britain, it is cash in account, no credit etc isnt it? Mon, 26.8.24

I am not too bothered reading thru all the posts today but just spotted my name.

-------------------RRR 100% Kilmore : NDA's were signed [ref: Interview, 23.8.24 etc inc RNS---------------------

Dyor, NIA. Relaxing so not going to repeat and fetch what everyone knows already from RRR RNS's, Interview about NDA's signed in relation to RRR 100% Kilmore, next door to SXG, Sunday Creek. IMHO. Mon, 26.8.24 [Bank Holiday, Mkt Closed].

Above was in the tweet sent to DL & Chairman Bell today, Mon, 26.8.24.

It was also sent to the Nomad. The Buy Note for SXG was courtesy of a poster on HC SXG with a screen shot of the Buy and it is on Twitter under #RRR.

As for Nomad, the AIM reg [Handbook ] applies? If dont agree , then tweet the Nomad. On Solgold , a Corporate Adv said that their Nomad wants to see paperwork.

All on Twitter. Mon, 26.8.24 [Bank Holiday, Mkt closed]. I am relaxing and having tea. DYOR. NIA.

It is copied to the NOMAD re above inc other notables who follow the Sunday Creek story.

It is on Twitter and open to see to the 2 above and copied. Dated Mon, 26.8.24 [Bank Hol]. 11:29am. It is about RRR 100% Kilmore.

Pumpky: The above about Burkina Faso was not commented because it was Morningstar and Targa123 did not ask about Burkina Faso, only about RRR and the part about results from Australia. Sorry, I did not have time to read into the whole article except about RRR Australia.

Post below: I am not replying further. I have already posted my view that IF the offeror did not have the money, they ie Nomad etc cant entertain the offer 1st base isnt it? That is common to all co's isnt it? Just discussing only my view IMHO>

I HAVE TWEETED TO CHAIRMAN BELL, SUN, 25.8.24 and everyone can see it as it is under #RRR. O.K , that is all from me.

At least I have tweeted to help other shareholders of RRR as my contributions vs just talking only? 5:43pm. DYOR, NIA.

I have to think carefully how I poteentially structure my tweet to RRR if more info further to the RRR RNS's & Interview could be given? Sun, 25 Aug 2024. If I do tweet, I will put #RRR so that others can see it.

Typo: Would NOT be upset.

A/c to SEC Newgate, if the offeror had NO money to put in a bid offer, then the RRR RNS may not have been put into an RNS isnt it.?

-----------------------Time for RRR shareholders to approach Chairman Bell as to how they want RRR to strategically pivot to ie be it as before ie AFrica or will it be to Australia [like Callum Baxter has just vended a W.Australia project into an oily via a London AIM co?]. The offer has NOT been approved or recommended and therefore, SHAREHOLDERS of RRR have VOTING rights , so they should let A.Bell know. Myself - would rather take the "risk" of Australia over past projects given many others are potentially pivoting to Tier 1 jurisdictions?

Bell would be upset as he needs to hear from us nicely as that is what each one of us are here for and if , any of the project/s dont suit, say, one can always leave isnt it?

CLN's are converting to shares at some 0.11p+ Fri, 23.8.24 from recall. I was asked 3 questions [2 +1] and Targa123's question was not answered so I answered. I could have cut it short but I dont think without some background info for all to follow it would makes sense to just say: Restructure and Pivot? How and where etc is the question isnt it? All to decide for self accordingly. I am hoping for some news on DRC if and when and RRR 100% Kilmore if it can be given by Chairman Bell on Twitter etc or where is is today? Thank you. Sun, 25.8.24. 5pm. Nothing more to say at this time but I have to make my views clearer to RRR - 1 shareholder.

Contd:

RRR INTERVIEW, TUES, 13.8.24:

Chairman Bell said he signed an NDA, Fri and that it was a "SHELL", presumably to vend into a ASX Shell. This will save time and money via a new ASX listing IPO.

RRR RNS, FRI, 23 AUG 2024:

Shock!! Out of the blue, without even 1 hole drilled and a OFFER for RRR 100% Kilmore? Hence, stunned. GGP has a JORC etc and still waiting for a Tier 1 gold asset, Havieron, W.A? Many other stocks also have JORC but nothing like even a offer and little ole RRR 100% Kilmore has got pipped out by an offer to the above earlier? Ah, it is due to SXG, A$551.7 mkt cap and still drilling with No JORC yet but yelling via interview that mineralisation heading WEST , to Kilmore RRR 100% isnt it?

NOMAD: I am not privy but IF I was the Nomad, I may not be obligated to put an offer out via RNS early in the morning like all other RNS IF, the minimum threshold was not passed ie offer akin to Mar 2024 PoW-RRR deal of £3m /A$5.85m isnt it? Dont know as I didnt ask the Nomad about his thinking given new rules have also come in. So, if it was below the threshold of valuation known in the market, it could be via RNS Reach isnt it? Dont know but kindly ASK Chairman Bell on Twitter or Nomad as they are on Twitter. Just discussing only. News, Sun, 25.8.24 DYOR, IMHO. NIA. @4:05pm.

So, subjective isnt it what a low ball & opportunistic is, isnt it? I dont deal in subjective but rather objective , hence I go by valuation and fair value as ALL M & A follow this principle. IT COULD BE, but I dont k now , so just discussing only.

--------------Chairman Bell may want soundings from shareholders [offer for RRR 100% Kilmore, Fri, 23.8.24 or that holders should make known to A.Bell what are their thoughts/decision on RRR's Strategic direction.?--------------------

Q put to me at 12:57, Sun, 25.8.24 about: Low ball and opportunistic by Banburyboy.

A/c to the PoW selling New Ballarat Gold Corp to RRR, the whole deal was valued at £3m or A$5.8m [some 0.15p base] in Mar 2024 BEFORE SXG's "astonishing" results at Sunday Creek [10 & 12 June 2024 RRR RNS below]. More importantly, it also revealed that the mineralisation was heading WEST from Rising Sun, SXG, Sunday Creek, Victoria, Australia & latest Ann it continues to do so, esp Antimony.

-----------"When should co's tell shareholders about takeovers?-SEC Newgate."-------------

1st is to prevent a "false" mkt, so reason to disclose. 2nd, offeror must have the funds & 3rd, usually at a premium.

So, low ball & opportunistic? Offeror may know about the RRR-Pow deal of Mar 2024, hence minimum is £3m /A5.85m BEFORE PREMIUM of 30-45% usually in the market? Note that RRR, 23.8.24 Fri, did NOT state the board [1] Recommends the offer. [2] Rejects the offer and reason usually is it undervalues the project. [3] Assumption is a takeover of RRR 100% Kilmore. As said, my earlier post touched on the offeror will be aware of FQ's valuation in a London IPO of £15m.

------------------RRR's Strategic direction--------------

I am sure the CLN's have their own idea what project they want. Shareholders NEVER told Chairman Bell their views and he may want to know [RRR vs G.C : RRR were contacted by shareholderS, hence they took action & not before per article?]. So, best to join together as a group to inform RRR. Many co's are now pivoting from old models of portfolios of exp projects to Australian focus due to mkt caps higher there. Me: I think RRR 100% Kilmore holds the potential given Sunday Creek was a re-discovery as it was a former gold mining town , just like Kilmore, 14 mins away. Why? THE MKT CAP is the attraction that it could potentially command isnt it?

----------------------RRR Restructuring-------------------

Many AIM co's are restructuring & so will RRR have to do so isnt it? If DRC comes in by 13 Sep 2024 , the extended date to pay PoW £250,000, then US$7.5m could come in handy wont it? I am not privy but I would think US$7.5m could potentially wipe out the obligations but I cannot say further but I think so only [others have to think for themselves] given I have seen the Balance Sheet? Chairman Bell , interview of 12.8.24 said his letter to Chief of Staff, DRC via Counsel has been COPIED to the Ambassador [British ]? I found out who the Ambassador to DRC is ie British [the person is a lawyer]. RRR El Limon will come in useful @US$3m as Soma appears cash rich. RRR Faso is useful for cash flow to pay for running cost to some extent as the project comes to fruition [predicated by when and IF].?

RRR 100% VEND

Ref; 13:07

"..poster valued it at $20m."

Comment: In fact, the FQ, 19.1.23 had RRR at £15m for a London listing [100% stake] given "similar exploration co's" were valued at that for IPO.

Today, £1=US$1.32 , so £15m = US$19.8m.

Today, £1=A$1.94, so £15m = A$29.1m.

Comment: Now, I know how I got $20m , it was not A$ but US$ LoL. I recall Helpful said it could fetch some A£30m or so region for a ASX IPO but if Helpful comes along , he could confirm with thanks.? The above valuation is on record & the offerer/s may be aware isnt it? I will answer the other Question to me as I am having tea. Sun, 25.8.24 DYOR.Nia. Check exact wording from FQ,19.1.23.

Link: https://investingnews.com/best-asx-gold-stocks 27.6.24

"Here's a look at the top performing gold stocks on the ASX by year to date gains:

Southern Cross Gold, +75.38%, Mkt Cap A$432,45 Million. ..hosted previous gold mining between 1880 & 1920. More recently, the site saw exploration work during the 1990's that was focused on shallow previously mined workings. Since =spun out of Mawson in 2021, = Southern Cross has drilled 110 holes for a total of 44,083m along 1,200m STRIKE...high quality assays. No JORC."

------Southern Cross, Fri, 23 Aug 2024 , Mkt Cap A$551.7 Million @A$2.71 vs 26 May 2022 ,SP Aussie 20c-----

Status: Still drilling and 19 Aug 2024 ANN stated drilling extends at depth and at strike with high grade gold [inc antimony] & HEADING WEST which is again towards RRR 100% Kilmore [see my post below from RRR 12.6.24 RNS]. Last raise A$10m and Pierre Lassonde participated as a private investor. https://hotcopper.com/asx/sxg/

--------------POW Independent Geo Report on KILMORE [RRR-PoW]--------------

Dated Aug 1, 2022 from POW. https://x.com/PowerMetalResources/status/1554105366413205505 "Co has identified strong folding & faulting across the licence that correlates well with STRONG ANTIMONY element S I M I L A R to the one present on SOUTHERN CROSS Gold ground. 1st pass historical DONNYBROOK narrow veins very High Grade 120 g/t au gold." [Paul Johnson commissioned their own Geo Report to find out IF the Sunday Creek , SXG mineralisation extends into RRR-Pow Kilmore. Kilmore was the 1st historical gold mining town and when gold ran out, they moved to Kilmore, the 2nd mining town, 14 mins away]

[RRR prepared their own Independent Geo Report, Teck on Kilmore & RRAL 43-101. New Geo Map shown by DL of "dyke swarms" from Sunday Creek, SXG to RRR Kilmore. RRR has said that the "Sunday Creek Dyke" "extends into Kilmore." [Please check Teck map, RRR RNS & interviews].

Comment: RRR 13.8.24 Interview @Stockbox stated NDA signed Fri, for "SHELL" re: RRR 100% Kilmore and may fly out to Australia next. Now, on Fri, 23 Aug 2024, an OFFER has "been received".

Funders ie CLN and shareholders - what are they looking for from RRR re: projects. Me: Only RRR 100% Kilmore as that presents the most promising given SXG went from 20c to A$2.71, whopping A$551.7 Million mkt cap with exploration target 3moz gold. DYOR. NIA. The story so far. I didnt start convo on RRR Oz, Targa123 asked so I am replying since no one is replying.

"Further, Red Rock discloses "exceptional gold drill results" from Australia. Bell describes results in Australia as astonishing." -Write up by Morningstar, 10 June 2024. [Ref: Targa123 at 10:06, Sun, 25 Aug 2024].

---------RRR 12 JUNE 2024 RNS: "Victoria Gold Assets: Update of Agreement":------------

" RRAL holds 2,281 sq km of highly prospective gold tenements, Australian State of Victoria, with its 800sq km KILMORE tenements = now creating some significant interest as they lie WEST of ASX listed Southern Cross Gold's Ltd SUNDAY CREEK gold discovery & a 560 sq m licence in S.A."-------

Comment: If one looks at the 1st para, the answer required is in the 2nd RRR RNS. If one was following the story of how RRR reported Sunday Creek's "astonishing" drilling results, it was published that their drilling was heading WEST which is to the boundary of RRR Kilmore --hence the RRR RNS of 12 June 2024 refers.? Therefore, one has to look up the drilling results of this time from Southern Cross Gold to see the exceptional results.

RRR RNS, Fri, 23 Aug 2024:

RRR Australia:Did =not=state RRR directors & Chairman: Recommended the offer and what the offer was?

Assumption now is that it was also agreed to by the Nomad to reveal the offer [no pricing yet] to be on the conservative side. However, the positive is that the market is aware that RRR 100% KILMORE has had an OFFER via a RNS. So, have to await what is the next RRR move on Kilmore owned 100%.?

RRR DRC: That is also awaited given Chairman Bell on Tues, 13 Aug 2024 said that after Faso [from London], he goes to the DRC to "finalisation" at the Palace @DRC.

RRR FASO: That is also awaited.

RRR'S LARGEST POTENTIAL ASSETS:

[1] RRR 100% Kilmore now that next door Southern Cross Gold, ASX, Oz had hit A$551.7m mkt cap whilst still drilling and latest Ann was that they hit high grade gold and antimony and the Rising Sun resource is MOVING WEST and open on strike and at depth. Moving West is towards RRR's Kilmore , across the boundary.

[2] RRR DRC is pending further update. If the DRC Arbitration Award is released ETC, then from the Clear Capital Broker Report and Auditor's Report @Annual Report, there is a further potential litigation to come with some US$430m [RRR owns 50.1% of the Musoni JV resource "lost"?]. The potential award is US$15m [RRR 50.1%] but I recall $2m is still owing by the JV partner? International arbitration will have to be potentially outside the DRC. Await further news.

Clarity: All the above are from the news flow via RNS & Interviews and if any error, then check for self. Thanks.

News, 24 Aug 2024 [Sat] @10:01am. DYOR. NIA

RRR has other assets but for now the co is concentrating on DRC, Australia & Faso per the latest RNS/s.?

P.S.

Externally, the ANNs [2] from Southern Cross Gold , ASX , Oz will ==also== be the forerunner of which the potential offeror [parties interested per earlier disclosure] of which they will be cognisant of and watching. Also, the new geo work by RRR Australia will have also ==be of interest.== Sat, 24 Aug 2024 @past 12.

For Clarity:

A thesis, SUBJECT to be proven in part, in whole or not correct vs RNS to be issued shortly [as and when]?

So, just discussing predicated upon theory, takeover rules [2 references which was also tweeted].

In the end, it is the ANALYSIS of M & A -"Fair Value" -public data ie First Equity 19.1.23 Report etc.

Etc.

News, Sat, 24 Aug 2024.

----------------RRR RNS: 8:40am [pardon] Fri, 23 Aug 2024: ".... , AND that an OFFER has been RECEIVED of its INTEREST in Red Rock Resources Australiasia [RRAL]."

On the main RRR forum, 2 views ie [1] A$2.5m is =not possible= isnt it given the Mar 2024 RNS stated RRR bought 49.9% of PoW's New Ballarat Gold Corp for £1.5m =£3m for 100% = A$5.85m [FX £1=A$1.95 today]. [2] 2nd view suggests a listing price ? Note: From the reading of the RNS above, it is for 100% of RRR Australia [RRAL] isnt it? Have to wait to see next update.

----------------------An OFFER which is in essence a TAKEOVER or BUYOUT [latter American term] and muted reaction ? Perhaps the general principles of a buyout/takeover/ OFFER is not understood in its entirety? In the UK, such offers are

subject to Takeover Rules [Ref:"Guide to Public Takeovers in the UK" -Burges Salmon."]------------------

Got to see but as I said the timing is such that on 20 Aug 2024 or thereabout, Southern Cross Gold of ASX, Oz reported drill results ie high grade gold continues at STRIKE & DEPTH and with antimony up to 5%. SXG stated: "HEADING WEST" from Rising Sun which is closest to the BORDER OF RRR 100% KILMORE. Kilmore to Sunday Creek is

---------------------For Clarity--------------

The RRR RNS came out at 8:04am relating to "Offer" for RRR Australiasia but the share price has NOT MOVED either up or down and still within the normal spread kinda of thing. PROOF that no one KNOWS yet what the OFFER is. News, Fri, 23 Aug 2024 at 10:40pm.

-----------Summary of " , AND that an OFFER has been RECEIVED in respect of its interest in Red Rock Resources

Australiasia." [RRR RNS, Fri, 23 Aug 2024 at 8:04am.--------

[1] On 31 Mar 2024, Power Metal Resources to sell 49.9% of New Ballarat Gold Corp to the operator Red Rock Resources for £1.5m from recall.

[2] This means that 100% of New Ballarat Gold Corp [the JV Australian co between RRR & Pow] would equate to a gross value of £3m.

[3] Since then, the latest Southern Cross Gold on ASX had hit A$551.7m mkt cap and Mawson said that their 48.9% stake in Southern Cross was worth C$215m dated 22 Aug 2024. But when Southern Cross of Sunday Creek hit A$551.7m mkt cap on Fri, 23.8.24 , Mawson of Canada's stake is worth A$269.78m.

[4] Southern Cross Gold of Australia continued to hit HIGH GRADE gold [& antimony] on 20 Aug 2024 and stated: Drilling heading WEST [which is to RRR 100% Kilmore, 14 mins away] & that "potential critical role SUNDAY CREEK [SXG] is to play in Western world's ANTIMONY supply."

[5] -----------Then, came the RRR RNS today, Fri, 23.8.24, that it has received an OFFER!!!------------------

=====This is before even 1 drill has been done at RRR 100% Kilmore.========Shows doesnt it?

OFFER:

[1] First Equity Broker Report of 19 Jan 2023 said if RRR were to LIST it could get== £15m== based on other similar exploration co's listing in London. [[EQUATES TO A$29.25M , Fx £1=A$1.95]]

[2] Offers are usually to a "PREMIUM." [Ref: "When should co's tell shareholders about takeover approaches."-SECNewgate. Newgate says it is to PREVENT "A FALSE MARKET", hence to tell shareholders.

PREMIUM usually 30-45% these days [varies] isnt it?

[3] WOW!! Some co's have JORC and still no takeover OFFERS yet RRR 100% Kilmore [1st historical gold town] 14 mins away from Southern Cross Gold, ASX , Australia -Sunday Creek [2nd historical gold town] is subject of a OFFER per RRR RNS Fri, 23 .8.24? --------SUCCESS isnt it given Southern Cross Gold is 1 of Oz's successful co's?

How much is the offer? Dont know but the above are some knowns from First Equity Broker Report of 19.1.23 and will also be known to the OFFEROR isnt it? Most important of all, ALL M & A is on "FAIR VALUE" isnt it?

Hopefully, it will be REVEALED shortly isnt it? DYOR, Not Investment Advice. IMHO. All guesses until the RRR RNS to come informs how much is the OFFER and will it be accepted by the RRR Chairman & Directors? Dont know cos have to see what the RNS says next isnt it? News, Fri, 23 Aug 2024 at 10:35pm.