Cash concerns10 Nov 2025 15:27
Lots of posts expressing concern about next payment due to POW while noting housing JV is great but wont generate cash that fast (which is true)
lets put possible dates with actions
-housing funding arrives in 2 week, AB has stated it take months to receive factory and start building houses say (June-Sept 2026)
-IC project is sold by Dec 31st and RRR receives say 300,000 pounds of shares which are then perhaps sold over the next 3-9 months
(again no immediate help
RRR get more DRC mining property (say 1-2 months) then finds JV partner in following 6 months) so mining claim starts property on towards production (July 2026) with actual production by July 2027
Oh no where is the next POW payment coming from ? Oh right RRR got one million pounds. I doubt that AB paid most of the money out to the creditors. AB knew that RRR had to pay POW for property to avoid dire consequences. Action that unpaid creditors could not take immediately.
Can that creditors still action-of course But now for the first time in YEARS RRR has alternatives to the DRC cash award. If creditors took no action in 2022, 2023, 2024 and no action to date in 2025, then IMO they will wait, take no action now and collect their very high interest rates (which is what they really want)
RRR is not looking at immediate demise, delisting etc that the bashers have posted so many times on this board for YEARS. Your dreams of a complete RRR bust is now as your complete bust. Bashers need a new doomsday story
For RRR;s shareholders this company is moving forward