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Apologies - last paragraph is supposed to refer to dollars and not euros but I think I am still technically correct even with that keyboard mistake - as of 20:23 08/08/24.

At 07:26 on 06/08/24, Banbury said RRR accrued $7 million debt over the last 30 months.

On the Chat chat thread he posted that his stated opinion that I was incredibly defensive of Helpful, I considered this to be exageratuon explained my perspective re. site posting rules and regulations and suggested one way to try and change financial regulations might be to become a politician and then try to change the law. I also (as was my instinct) questioned Banbury as to whether he was exagerrating re. $7million debt accrued over the last 30 months.

I now have to withdraw some of what I said towards the end of my 13:42 post on 06/08/24. I said something along the lines of... that seems like it might be right re. 07:26 for how Banbury later replied re. 3p months of no income etc on Chat chat thread. Notably I said I was wondering less, which was not the same a full agreement.

This evening Banbury has said $7 million was blown over the last 30 months. Note from me: as he has acknowledged, this not the same as accrued debt.

Well... is £1500000 for the entirety of NBGC - deal with POW money blown? I don't think so and I think his overall sentiment disregards assets and potential future value to RRR of various assets.

Any money spent on the often debated equipment on Faso Greenstone, if it arrives or has arrived would not seem to be money blown - if gold is subsequently produced, any debt or dilution taken on - as long as it is affordable and still ultimately... in the interest of shareholders as well as the company is not money wasted - if we subsequently produce gold through subsidiary. Note the points I have just said are my opinions but I am pretty sure the idea that money has not been wasted over the last 30 months as Banbury puts it - which is largely disregarding the potential of RRR from where it is now and its' assets, not least that the value of the potential compensation figure is greater than €7million and as I said whatever the accrued debt is over the last 30 months, some of it will also have been paid down over the last 30 months, so important how that is expressed and I suppose annual and half-yearly reports and fundamental data are the ways such balance... is appropriately expressed.

Cheers...

Acknowledging that Banbury was referencing $7million, so US dollars value not UK pounds...

I should ammend my comment slightly - Banbury's total debt figure was involving the last 30 months, I'm not going to try and explain in case I get his postulation wrong.

My point re. paying down debt which is in principle reductive of total debt, was considering paying off debt over the same 30 months.

I note there has been speculation as to how debt obligations are being met this year, I don't know but assume they are being satisfied by some means, whether by cash or instruments such as examples explainrd via the deal with POW for the whole of NBGC, which contains examples how to satisfy liability.

Cheers...

I'm not sure RRR owe as much as you say Banbury, accepting of course that this is not my forte.

The half year report of 28th March, 2024 was consolidated financial position at the end year, 31st December 2023.

The total liabilities were 3 million 741 thousand pounds. 13th March 2024 the deal with POW re. NBGC was announced and on my understnding that is at a value of £1500000 which RRR are liable to POW for but it is staged payment, and is flexible re. shares / cash. RRR now having 100% of the asset.

I accept that there may be more debt instruments since end of year 2023, haven't researched that but even if other type of debt was taken on, debt was continuing to be paid down, occasional share conversion was utilised, at least once according to recent RNS.

So my question is, is the debt much more thatn approximately 5.3 million pounds inclusive of the POW deal? Helpful and News might want to keep an eye on this. Both know how to read these types of

statements, annual reports, from what I can tell from reading their posts. Feel free to correct... as I was responding to Banbury's opinion that RRR are 7 million pound in debt.

Paying off debt is a good thing and so a gentle woof woof to the gradual and the fast reduction of debt - whatever the amount.

In the interview referred, Bell said he was flying out to Burkina Faso the following Tuesday (assuming he meant following Tuesday - know the weekday from memory of interview) seemed to be on the 16th and Red Rock Resources have retweeted that interview - where he also concluded by mentioning the current priorities.

And there was vat air freight...

Also Helpful, I don't think you were deramping it..

As said before sometimes spacing on my posts is a bit out of sync when I try to edit, scroll up and down.

On a lighter note though not literally, paradoxically maybe : ) time for me to have lunch, the appetite seemed to go up with New Ballarat...

I'm interested in Zephyr, Banbury, am not too worried about what Helpful has said, sounded fair enough technically, I also note Malcy's positivity.

I think when someone dishes it out they might get something back in the wash, which is more likely when they're repetedly rinsing it.

It was a larger holding for me a couple of years ago

(approximately, one of the rare ones where every sell was a profit and exceeded commission and that is no negativity from me towards the stock regarding gradual exjt, smaller holding now at a lower entry so quite happy just to sit... obviously not advice to anyone.

I wish all Zephyr holders well.

The writers of the P thread are mainly discussing aspects of the past including an implication that a possible future might become an an unrealised aspect of the past.

While asking myself why a fairly circular thread would start with P ? I realised that in a linear alphabet, a future of P, is R.

... not "dood opportunity" opinion was good opportunity.

Back to my comment, correction of above relating to 22nd July shows how fallible we all are though in different ways.

Best in my opinion not to to repeatedly attack a person, fair enough to refer back sometimes but repeatedly attacking a person to undermine a company isn't fair to either.

AimDogs on 22nd July 2024 said in his hopinion it was a dood opportunity to short another stock. On 26th July at 11:58 he told people to sell their profits in that stock. On 29th July 2024 the same stock went up by approximately 200% for at its intra day high.

26th July comment was probably not.said with bad intent, might have been genuine opinion but it shows advice should not be given to others for how to trade, some if they had followed migh have missed out on the 200% high.

On 24th July 2024 at 19:19, blueboy1975 told me had screenshots of helpful's comments.

Helpful should be aware of that. Bluebouy1975 has been in aggement on attitude to RRR progress or lack of it before with AimDogs, they might both think it is a good idea to take screenshot and reapply posted comments later via citation, this is not fair in my opinion snd potentially misleading without context.

Lots of people will have said things that will later prove incorrect, some have said things that were never correct.

Aim Dogs has not secured a "stoppage" Banbury - sounds ike you were referring to a striking sport. At 10:37 on 5th April Aim Dogs said to Helpful something along the lines of: I'm not saying nothing is happening, you are.

Back to my comment today via reply at approximately, 22:50 - seems like helpful taking about gold proction starting within a short time fame is a withering response but part of the repartee, the sarcastic verbal sparring, joshing between the two of them.

Quite unfair from AimDogs to out a screenshot up to secure a stoppage? without putting his own remark at 10:37. AimDogs put up a few comments that day but I think that is the one that Helpful's 10:53 comment is responding to.

Acknowledging my spelling error...

I think one thing we can both agree on Banbury, is that leadership of companies are expected to consider with positive respect all stakeholders, inclusive of shareholders. I regard that fact as a balance to the power of those who "sit at the table", how to weigh that balance? - don't know other than to say based on that principle and my own instinct, I don't regard it as unfair.

With a little humour Banbury... Heplful replied to me but emphasised that he was saying it to the critics who I defended against that day, re. "good place", I think we are now... in that we can both cordially exit this conversation for now.

Thanks

Not "dent" but debt.

Hopefully, there will one day, be a significant dent in the debt. : )

Banbury before replying further, I will just say I should at least have put a comma between dent and which in my closing remarks at 11:39. So just to make it clear... "which would be towards three multiples of current market cap" is my own comment not what Banbury said even though the amounts are similar.

As for putting it exactly as it appears in the accounts re. debt - possibly and / or mentioning the source where it can be checked is good.

In the event if good news how sentiment of people responds and what follows is, it seems to me unpredictable, same with bad news, no news.

Seems possible from what you have said Banbury, debt accrued over the last 30 months might be as you said, I wonder less about that comment and will add if there was some good news to counterbalance that, it will be interesting to see what follows.

Cheers

That's okay...

I didn't put in a complaint against your share prophets post zumore, though I do think it was correct that it was removed.

People can post on this forum according to the chat rules Banbury and also the relevant regulatory rules if you don't like it as is it perhaps you may wish to become a politician and try to change law within this country.

I vouldn't remember how far back the freight vat went and that motivated my question to Helpful yesterday evening, it is clear that an outside event that seems to have been unbeknown on April 12th 2024 slowed down the realisation of specific optimism which was expressed which wa expressed in a conditional manner, relating to Helpful's own definition.of conditional.

My own optimism was slower than Helpful's. I do think he should have you and Zumore off filter, or take the filter off to check back what has been said.

I wonder whether you were exaggerating when you claimed earlier this morning that over the last 30 months RRR had accrued $7 million dollars of debt which would be towards three multiples of their current market cap?