Member Info for orslega

RRR X Site:

Intriguing, RRR that are saying: "Don't miss".

https://x.com/RRR_RedRock/status/1858458181304787137?t=doTG6BATxEHIg_8kCQBQ5A&s=19

30 months on, I sense and hope DRC arbitration is coming to a conclusion, after all that's what Bell said partly why he was going (again) so soon after last visit. Imminent then.......

...my thoughts also H50.

That's AIM for you; it all depends what news comes with a raise.....I have seen placings at large premium to current share price. Not impossible here.

If RRR get major news - DRC cash for example, say $10M+ costs, add in a mega DRC licence, producing from the outset, I think the market will be VERY happy. In fact there will be many clamouring for shares. imo

threeduke: well, from memory you were "dull enough" to buy rrr while ****ging it off, then selling at a profit......

such is aim, trust no one.

OK, BF modelling: Let's prudently go with the slow start up model/testing - say unambitious 1-2 kg a month, what's that worth in hard cash.

Not difficult, it is worth a lot of $, net.

Then we are told scaling up on January. Also we are told there is room for Sam and his team to work the BF licences.

Really, what is not to like now things are actually starting?

Take BF alone with 6 areas currently ready for production (the illegals left a large stock pile, so quick start). This by itself will be worth a multiple of todays £2.5M market cap.

As Banbury said it's a good gamble, in fact it seems very soon not even a gamble as production starts, imo.

“Helpful - where does little RRR fit in ?”

Hopefully we’ll hear shortly on this. Very interesting imo.

Blueboy, disagree.

Investors do take notice of a microcap with a market cap of just £2.5M with such huge potential knocking on their door. That’s what we look for.

Bell loves the expression “imminent” eventually everything times out, imo think now.

I added last week, expect to make a multiple. Welcome recent investors. Remembers Bell made some investors a lot of money a few years back, is history about to repeat.

Timing is everything.

Even Banburyboy thinks RRR is a good gamble, says a lot.

Let’s see what happens and have a serious discussion on news. 🤞

Agreed H5O.

In his recent video chat, Bell talked about instead of royalties on the expected large scale copper/cobalt licence, that would be diverted to new social housing project. Adds substance to President plans.

Today:

“I did not come to lead the Congo to stay in power forever and make my people suffer. I would never do that. Everything I do, everything I think about, is for the happiness of my people and the development of my country," the president emphasized.

https://en.sputniknews.africa/amp/20241117/people-of-drc-should-take-decision-to-revise-constitution-president-says-1069273359.html

Super interesting, I’ll take that 🤞👍

A while back he said today’s share price is option money. That gives a clue how he will be paid - if he can make something work, talking about RRAL, he will be rewarded. imo

He is a consultant not an employee.

If he performs he gets paid probably in shares, he doesn’t need the cash.

“Wonder how much he's getting paid at RRR as "consultant "

Simple. No result = nothing

Hopefully gold production kick starting in B Faso very soon, maybe this coming week.

Even a “beta start up” will produce serious cash for RRR.

Banbury- that was a long time ago, and as you say context important, so fast forward.

Wait till there is current news, then debate.

Haven’t seen threeduke lately, that’s his department.lol

Yep.

He has made it clear in previous broadcasts that the only way RRR will continue to do business in DRC is to get the arbitration done and to get that settlement back to U.K.

The President will be aware.

Given the very significant licence(s) being lined up for RRR in DRC by the President office, as suggested by Bell, it would be rather embarrassing for his office if the arbitration hadn’t been resolved.

Let’s see, Bell said he was on his way today and was packing suitable ceremonial suit for the presentation etc So unless he’s lost the plot there is something very special in the pipeline for RRR.

Waiting for FOMO to kick in.

This will be the President trying to beef up his reputation, as Bell has said trusting anyone operating in the DRC is a huge issue.

Obviously if this comes off it will be huge for RRR and also a win for the President who is looking to impress at the start of a new term.

I get the TV appearance possibility with the President now.

The most interesting part of his chat was in the last couple of minutes. Fast forward to 27.45m.

There he says the opportunity RRR may have is a Copper/cobalt projects attracting special tax rate (presumably awards from President office get special treatment) and rather than paying royalties will pay the equivalent towards social housing projects. Interesting.