Member Info for orslega

Aimdogs, what is the role of the Nomad, you clearly have no idea?

I'll explain - believe it or not they are there to protect shareholders with what a company can say? Certain statements have to backed up with evidence otherwise no RNS. The 6/11/2024 RNS (as with all RNS) will have needed factual evidence. So I believe what the Nomad has allowed to be said by the company. Simple really.....

RNS 6th Nov 2024 below: so since Oct 24 at least, probably earlier, they have working on a major DRC JV project. Should be soon, he said he's waiting for invite but as Bell has said on more than one occasion RRR needs the arbitration cash first.

"DRC: Red Rock spent two weeks In Kinshasa in the course of October working to conclude the pending arbitration and meeting with Governmental agencies to discuss a major and potentially cash-generative joint venture project. A framework agreement for co-operation on this latter was signed with our longstanding partner and representative Mr Patrick Tuseku Tshianu, the principal of Koto DRC SARL."

Bell has hinted a few times in his recent interviews that RRR/Koto hope to pull off a public-private partnership deal from the Presidential Office (as a trusted partner), and currently waiting for his formal invitation.

If achieved and as a major transaction this will no doubt involve a number of parties. P-PPs do not appear from nowhere, months of planning, numerous private and public parties.

Obviously a huge need still to be properly addressed, previous P-PPs in housing seem to have failed because wrong approach (high-end). Kinshasa mentioned but a much wider issue.

"Kinshasa, the Democratic Republic of the Congo’s capital, is suffering from an acute housing crisis, leaving the majority of residents without access to adequate and secure housing, finds a new report by the Center on International Cooperation at NYU.

The report, Urbanization for the Few: Soaring Housing Inequality in Kinshasa, was conducted through CIC’s Pathfinders for Peaceful, Just and Inclusive Societies program, in partnership with the International Institute for Environment and Development (IIED). It warns that without urgent, inclusive reforms, the current model of urban development risks further entrenching inequality."

https://www.nyu.edu/about/news-publications/news/2025/february/new-report-unveils-deepening-housing-crisis-in-kinshasa--drc.html

Https://x.com/abell2019/status/1894307291236606182?s=46&t=2UqfzXPuF4FvtQuH1teczw

“Some of us don't have the luxury of posting on here all day !!”

Really, coming from you that has to be the biggest understatement on here, in what 5 years!!! Incredible.

Ps Pressing a sell button takes literally zero time, everyone knows that…he said he would do that yesterday…..hey ho

Contrary to his stated claim, it looks like theeeduke hasn’t sold, must have decided time to go long.

...did you manage to offload your RRR shares then? Doesn't look like it, maybe you've changed your mind......

“It seems the rampers can't get their story straight.”

There is no mix up, the lack of understanding is on your part. Research it you will understand better.

Threeeduke, victim? Impossible - my decision to invest based on the risk v reward, I have been most clear.

Did you say you after your buying pronouncement that you are selling one week after buying?

Some bedtime reading.

Interesting week ahead.

https://www.publiceye.ch/en/topics/commodities-trading/after-criminal-complaint-by-public-eye-glencore-convicted-following-corrupt-mine-deals-in-the-drc

Bell has made it clear a Private-Public Partnership is in play for RRR.

“Now he's wheeling in even more money and a compensation fund.”

No he’s not. Keep up Banbury.

Correction:

Not forgetting Bell made many multiple returns for RRR a few years back.

Ok so there is no DRC compensation fund….each to their own.

The fact is there is - and RRR may benefit, substantially. Bell has only recently mentioned the compensation fund, could that have only recently come into play?

But Bells “fans” from years gone by do not now believe, I understand why but imo that is what newcomers see as the current investment opportunity. Not forgetting made many multiple returns on RRR a few years back. Like everything on AIM it’s all about timing and attitude to risk.

For balance.

No one knows apart from Bell how much they might receive. A few weeks back in a Stockbox interview he was asked if he knew the amount and whether he happy - he said yes to both.

Peeps might want to listen to the video from last week, why does he talk about a DRC compensation fund at 20min? This is separate to the arbitration and not something anyone has discussed here.

Theoretically therefore the arbitration payment and additional compensation could wipe out all RRR debt and leave plenty over to kick start gold projects.

Should be clearer this coming week.

Unfortunately Banbury you are the one demonstrating signs of desperation, daily.

I think I’m on the money.

We should know very soon.

16/1/2025 link not 2024:

https://www.morningstar.co.uk/uk/news/AN_1737010906118370800/in-brief-red-rock-resources-shares-rise-as-arbitration-award-pending.aspx

16/1/2024 RNS:

"Red Rock Resources PLC - London-based mining company focused on Africa and Australia - says it has been engaged in talks to advance a framework deal with Koto DRC SARL, Red Rock's Kinshasa, Democratic Republic of Congo-based partner company. "

In Bell's video update this week he made a number of references to the above. There are clearly more than one opportunities being lined up if all goes to plan.

At 14.20 min: "in fact, there is a lot of incipient good news to come out of Congo because having spent 31 months from the beginning of the arbitration we have built our network, got in with the right people, gaining trust of the administration".

Obviously one of those is the mega private-public partnership deal he has talked about a few time in brief terms, ready to go licence, to support social housing plans - awarded by Presidential Office, special tax treatment etc etc

Anyone who has researched other PPP projects in DRC will see for themselves that these are all on a massive scale, involving different partners, effectively a consortium, minimum funding etc. They obviously do not come together overnight and will be led by government officials.

Remember Bell was clear no arbitration, no DRC deals.

So he is heading back to DRC - he said he did not need to be there for the arbitration - so it seems he will be going for the Presidential Office licence (s) ceremony. This will be major news. I recall one of the old videos Bell saying their JV partner Koto had suggested to park the arbitration and crack on with PPP, because arbitration was small beer. Bell said no, arbitration first.

One further but important point not really discussed anywhere before from memory - at 20 min of his video he was talking about the relative low value (referencing their stolen licence and plans to pursue) of the arbitration award - 50% x $20M, but he also added the possibility of a payment from a DRC "compensation fund". The compensation fund (whatever that is) could therefore be another additional large payment not factored in. This compensation fund I guess is managed by DRC government, who, presumably will want RRR onside if they are planning a major project.

So a very interesting situation developing near term imo, particularly if like me you only invested here for the RRR gold projects : )

Market cap today just £2.58M, really, yes really.

“I could go on !!”

You do, ad nauseam.

You need help. God knows what will happen when Bell pulls this off.

I also keep in mind he said on many occasions, no arbitration settlement, no further involvement in DRC.

After 31 months and Africa, anyone would get that!