RE: Suspension and CLN28 Nov 2024 14:27
Re. 13:12: Have been reading through statements and looking at apspects of the annual reports 2020-22.
Theeeduke you are right in that RRR sold the shares they had in Juno Minerals Ltd; and this was mentioned in the chairman's statement for the 2022 annual report, sale of POW shares was also mentioned and I think the remaining shares in Jupiter Metals was also mentioned regarding sale - the selling of all those assets is covered by the reporting period of latter half of 2021, first half of 2022 relevant to 2022 annual report.
I've said elsewhere RRR finished 2021 in profit because of the Jupiter Mines sale - that is how I remember an online research facility I previously read, I was always regarding that calendar year sense and not the reporting period which is for the first six months of the year and the latter half of the previous year. RRR did finish 2020 significantly in profit: that was in relation to Jupiter Mines and Juno Minerals spin out from that, if I understood / recall correctly - notably in tbe chairman's statement - that profit relating to that event was a foreshaowing of 2021 - relevant to the planned event.
2021 annual report relevant to end of June for that year referred to loss compared to profit listed the previous year, though it looked to me like the income figure for that period was higher than the loss - I wondered as of today, if that was in some way related to Jupiter Mines... Juno Minerals.
Officicially, according to the annual reports, the last year RRR was profitable was 2020 - which was with the
background of the covid pandemic, that profitability did relate to something that was going to and did happen in 2021.