Member Info for specinvestor99

you sure showed KimiR's agenda-no matter just keep bashing, facts and reality are not important to KimiR everything is bad

higher gold---bad
higher oil-bad
ELEP - bad
lithium production is soon-bad
Cash from Congo-bad
more lithium licenses -bad
Kenya deal on tailings for gold production -bad

nothing but bad things happening for RRR

Banburyboy good points. My rear view mirror is 100% too. Personally I think with Congo cash RRR is a 2 to 3X from current price

If RRR produces is Lithium then who knows. Currently RRR loses money, Lithium production makes its profitiable, what is the impact on RRR share price? I dont know but higher than it is now.

I averaged down last week now its wait and see

Reading this board was interesting. Up until 2 months ago they were posting same types of messages about PREM and its CEO. as in 'stay away' "CEO makes too much money" 'I invested 4 years go and lost money, company is a loser" up 10X since then

I hope the last permit gets approved soon

Kimi- by all means short Trio should be easy, its listed on the NYSE

Kimi-LOL for KIMI its a bad day when Trio lists on the NYSE.

TheeDuke-re 'the end is near' sorry I dont think so- IMO lithium production is close IMO congo cash is close
IMO one or both will be withing 30-60 days and if so dilution to keep afloat will be no more.

Helpful-IMO there are a number of posters who are want RRR to fail, they are motivated by desire to say "I told you so", "I was right' "you were wrong'

they live with their past failures in RRR and do not understand the changes in the past 12 months

TheeDuke-do you honestly think any amount of 'pumping' on this board will move RRR share price?

IMO there is zero chance of that happening. RRR needs to deliver results

this week I followed the advice of Warren Buffet who stated that if the reasons for buying remain intact and the share price goes down then buy more, also the adage of average down. So thanks to those who sold. My average cost is significantly lowered.to about .35. I looking for a significantly higher share price within 3 months

good risk vs reward at this level

nice to see increased turnover, IMO this helps sets the stage for future upward movement IF positive news on permits, production and/or Congo cash

. Yes I am down from entry price.

I have posted negative comments offset by why I continue to hold. I understand why others have sold. I have posted on multiple occasions that dilution will continue to occur until: Congo cash and/or production happens. IMO the dilution will soon stop. Warrants and options will be exercised adding to the outstanding shares but putting more cash into RRR.
Congo could add US $7.5 million compared to current market cap of about US $4 so simplistically the cash would add about $.35 per share on top of the current price of .18. After that at some point the possibility of future litigation and an even bigger award will come into play (est 3-5 year time frame). Maybe the AB discount is so great that will never happen if so then at some point RRR becomes a takeover target or ripe for internal change.
Bottom line IMO the RRR story has legs will gain more visibility in the market place

the change of communications could also be the result of management changes as well

1) shares for debt-only one reason to buy shares is a belief that the share price will be higher
2) end of April was the best case estimate for Lithium production to start which in turn is based on receiving final permit in the middle of April, which for those keeping track of facts has not yet been announced so it probably has not yet happened

bashers continue to show that RRR lives long term in a space in their heads. Yet no one commented on:

3) which represents the third project RRR has brought into production

most exploration projects (90%+) never go into production. The lithium project would be RRR's third project going into production.

from the internet
Less than one per cent of exploration projects typically progress to establishing a mine.Feb 14, 2023

What happened in Kenya-government would not renew license, RRR took them to court, it took years and eventually they won. Now waiting for license to be granted to place tailing into production

RRR share price crashed and has not recovered. AB needs to either JV, or do a deal just on tailings.

totally agree with the viewpoint that AB hops into too many new projects, particularly while waiting for something else to happen 2022 is a good example instead of focusing on a Kenya deal while waiting for cash from Congo. RRR jumped into other projects including Zimbabwe Was that a good move? Not by looking at the share price. In less than 30 days we will know about actual production or if there is some sort of problem with it

Branberry-totally agree poor performance means poor share price

No cash from Congo
no IPO from ELEP

and nothing tangible thus far on Zimbabwe-(meaning actual production and sales; I would expect first production to be low and then increasing but something will tell market place that it is happening -not mere promisses

any idea of timing of litigation and possible milestones? filing, responses, court dates? What is possible time frame for a court date?

shareholders are not happy with a 30% incease in 5 days?

LOL
what a gross exaggeration of the importance of this message board. How many people read these posts? probably less than 100. Anyone is thinking about investing in ELEP making an investment decision (at least I hope not) based on information read on this message board.

Lets deflate the egos

LOL lots of posts from the renters (those non owners who have RRR renting space in their heads) ELEP IPO listing no matter what price is positive. Simplistically the higher the price and the more money raised the more positive.

The overall market appetite for IPO's is low given market conditions

We see this with ELEP in the US as well as Australia. IMO RRR has correctly focused on getting production which appears to be on track to generate cash flow very very soon.