Member Info for orslega

Factually incorrect. Try again.

Https://www.londonstockexchange.com/news-article/RRR/update/16744785

Banbury I’m really not interested in what happened 10 years ago.

I’m here today for the opportunities that exist today. I still am very much of the view that RRR assets are worth many multiple of todays non baked in valuation of £2.5M mc.

As I said let’s have the debate on next major news. Until then no real point of all this repetitive deramping, peeps know your position you have said it so many times.

Ps but not expecting you to let it go…

Yes £275K invested in 2015:

https://www.rrrplc.com/projects-and-investments/oil-and-gas/elephant-oil-ltd/

88Energy: “Significant structures have been identified in the processed data”

Next update from 88Energy will be interesting and either way impact the value of Elephant Oil, and from memory Elephant Oil acreage is part of the same extending basin. Think RRR have around 5% as a passive investment.

Who knows but it seems quite possible RRR old assets might be in vogue soon.

Https://x.com/abell2019/status/1852066697571897594?s=48&t=2UqfzXPuF4FvtQuH1teczw

Https://www.fxstreet.com/amp/news/gold-surges-to-record-high-of-2-790-amid-us-election-uncertainty-safe-haven-flows-202410302120

14 years, jeez …unbelievable. Really?

Former investors need to have a look in the mirror. Surely not worth beating yourself up that much, whether it is Bell or a million other AIM CEOs. At the end of the day there really is not much to distinguish.

Most AIM companies, particularly commodity sector are undercapitalised, raise and dilute investors on a regular basis. Timing, obviously a discovery, production, windfall are key so picking an AIM investment is very difficult.

As I’ve said RRR have all those ingredients, opportunity knocks and imo soon 🤞

Banbury, it's simply no big deal.

I am only interested in Bell delivering, one project does that, the rest follow. If I didn't think Bell was able to deliver I would have not invested.

What's the issue? No law has been broken? It isn't just RRAL, many companies file late, for different reasons.

And for sure the accounts will be filed in the next 2 months, the RRAL assets are rather valuable, absolutely no question of a striking off.

Talking of RRAL, this is a good overview (but now out of date with likes of Southern Cross Gold phenomenal discoveries) but look at the published results a little while back.

Of course gold prices have accelerated somewhat since then.

Bell mentioned recently that they are looking at various options to create shareholder value with RRAL. The timing to buy 49.9% was very fortunate, before gold prices started motoring and developments at SXG.

https://www.rrrplc.com/wp-content/uploads/2024/02/2024.02.14_RRAL_Project_Presentation.pdf

Https://www.bloomberg.com/news/articles/2024-10-29/gold-steadies-with-focus-on-key-us-data-and-election-endgame?embedded-checkout=true

Why are peeps starting to buy, must need their heads looking at?lol

Interview was very interesting. Bell sounded very positive on the DRC arbitration. Let's see.

Https://www.youtube.com/watch?v=M4ogI4MooME

If things don't work out I lose my investment, my decision.

I have explained the reasons why I like the opportunity here, you and others have another view. And we hear those views daily, even hourly....

I won't need to apologise to anyone - everyone should be making their own investment decision here, remember at least 90% of AIM companies fail, that tells you enough.

Banburyboy, for balance, your negativity knows no limits. Every single day at the very least, very repetitive and frankly now quite boring? My intermittent optimism is because I am an investor and like the opportunity which the current assets present, simple.

As you know there are more than one pipeline events which can easily turn things around, majorly, to support the current financial position. You acknowledge this by saying on more than one occasion that if certain events happen, you'll be gone.

Lets investors make their own minds up. Anyone investing knows the risks, particularly with AIM.

So lets wait and see, then debate, if you are still around.

“With the DRC dead in the water this trip (surprise, surprise)”

Well that is your view, no evidence to support it.

I like surprises, DRC is far from dead.

Read the link Confounded posted earlier. Looks like RRR are right in the thick of it. Right time, right place, again?

"Côte d’Ivoire hosts over 30% of West Africa’s greenstone belts and is proving to be an emerging region for world-class gold discoveries”

Yes indeed.

Buying is now at 16% above the last placing.

They must be all mugs, lol

Zumore, re 6/1/20 RRR RNS, you forgot this bit from the same RNS:

“There has been a loss of opportunity for profit here, for which our shareholders deserve to be amply compensated and others deserve to be punished."

Bell has repeatedly said legal counsel has been consulted on this matter. Get the arbitration over the line and see what happens. At least this will be one for the lawyers, the hard work having already been done.