Member Info for specinvestor99

Banbury some of those public announcement may have motivated by mineral license requirements. RRR needed to tell the mining departments work was planned and showed them the public announcements as evidence.

The announcement did little if anything in the way of trading volume or price increases. The net impact was continued reduction of credibility of both helpfyl and AB/RRR

Banbury- 200 Inians and Lithium- totally agree, I did not believe it at the time and posted as such. It simply was not believable

The stories had no substance and made no sense (from the practical sense of starting up a mining operation) Equipment being held up due to customs disputes etc

Now in 2025 the 'story' is supported by TV appearance and video;s showing documents and proposals etc. Yes it still be yet another story so the next step is:

Does RRR get a production worthy property? (details are needed)

The market has not reacted favorably to the news so it appears clear the market wants more information (ie does not believe or understand what are the implications).

Moving forward with ordering the factories helps, DRC public announcements of housing project would help even more

IMO this JV is real but it is still at an early stage and like any early stage business it could fall apart.

Risk vs Reward applies. IMO the risk justifies the potential reward.

AimDogs re 'useless MOU's" your point is understandable. But ask yourself what happened after the MOU on the sale of El Limon royalty? Answer -one million pounds

Question 2--MOU on sale of IC- pending sale to be completed by Dec 31st

Issue-meetings with Chinese agents- Yes they happened. Lithium price collapsed. Deal is essentially dead

Summary- some MOU's or meeting lead to something and some dont

On this particular JV the next point is are the mining deals. Will they get something? Time will tell

There is risk in owning any AIM Stock, including RRR. however IMO RRR has high reward

The tide has turned but DYOR

AimDogs post highlighting this comment "a low market capitalization"

Just think about that statement. What does it mean? To me it represents an investment opportunity

To Aim Dogs and no doubt others it means "Dont buy shares when the price is low" I guess they only want to buy shares in a company with high market capitalization. That's fine.

With Risk comes Rewards. IMO RRR has potentially great rewards.

The new DRC JV recently announced is big, really really big. I get the doubt, the mistrust, I get that some of the posters here lost money 10-15 years ago.

Is this time different? Is the gold price higher now than 5 -10 years ago? Is the copper price higher? Do those higher metal prices have a positive impact on a resource in the ground? Perhaps not now on the RRR share price but I believe it will have an impact. IMO the RRR story is just starting

The tide has turned but DYOR

I am happy to see the Black estate selling now, at what are hopefully lower prices.

I am actually surprised to see that the held the shares for so long but there is now liquidity (higher trading volume) which gives them a chance to sell.

Not sure how estates work in the UK but in Canada/USA they are usually taken care of in less than a year.

Banbury re your comment "Bell is now a complete hostage ..."

Please elaborate. What is it about the new JV that NOW makes Bell a complete hostage to the lenders?\

IMO this new JV has no immediate impact to RRR's lenders. More details are needed, particularly on the properties being selected by RRR. Indeed the basic message is that this will be of vast importance to RRR and generate tremendous profits (cash flow). Timing is uncertain but it would create the possibility that the lenders will want not only to have their debt remain but also lend even more in order to receive those high interest rates.

So IMO a better case can be made that AB has turned the tables on the lenders and is taking whatever leverage the lenders might have had away.

Those types of lender loved it when RRR had few if any choices for funding. That has changed and will change even more in the future

The tide has turned but DYOR

Helpful is the pre IPO raise (next week) and IPO raise for ELEP?

TrickyDicky2- What dont you believe?

DRC needs housing?

an associate of RRR has been working on this issue for years?

that DRC provides incentives for public housing?

Banburyboy IMO the market has a well deserved distrust for any forecast of future events from RRR

IMO here is one key to watch "Upon signature of that Memorandum the Ministry has agreed to mobilise funding for the purchase and commissioning of three factories to kick-start production of social housing, with each factory capable of producing at least 3000 units a year. "

1st Key to watch--is that funding actually received? today RRR said an agreement was in place (first step) now the funding

2nd key- will the visit to properties result in a property deal?

progress is being made but IMO the market is waiting for something more tangible

large trading volume is nice to see and it turns over the shareholder base

Banburyboy- IMO getting the DRC to fund the first 3 factories to build houses is tangible progress.

Now with that being done RRR goes to look at properties.

Personally I take everything I read in this forum with a grain of salt, this includes statements not only from Helpful but you as well.

Nothing personal in making that statement since everyone should take what I post also with a grain of salt.

Banburyboy There is nothing new in what you say. Yes the debt exists, it is substantial and there is risk to RRR and its shareholders.

You said comparable things last year including audit not being done, delisting etc. None of it happened. Instead one million pounds received, progress on a very substantial deal in DRC along with substantial rise in gold price and continued impressive exploration results by Southern Cross in Australia.

Today's news- funding from DRC for 3 factories with each factor to produce 5,000 house annually, Now AB with consultant will be looking at properties

Hardly a case of the sky;s failling and RRR is about to collapse

Looks like the Black Estate has been selling. This probably accounts for most the selling as opposed to the Basher Theory of a placement being worked

The tide has turned but by all means DYOR

BanburyBoy There is an old saying "Rome was not built in a day" If Rome was being today, you would be the one standing off to the side saying. "Look at the puny little stone, thats no city."

The tide has turned

AimDog- the high debt and interest rate are a historical fact which can only be paid off by a future event such as

A-DRC cash

B-RRAL deal

C- Kenya deal

That has not changed in the past 60 days. So what has changed? One million pounds has come in which means

1-POW has been paid, auditors can be paid for June 2025 audit, the risk of administrative action has been virtually eliminated and perhaps the 2025/2026 going concern risk disclosure by the auditors has been eliminated, risk of RRR shares being delisted has for now been eliminated

That cash also means the DRC parties delaying the arbitration process also know they cant starve RRR out of existence.. IMO some of them read English (DRC is a French speaking country) and might even read this board, RRR's website etc and some may even post here hoping to sow discord amongst RRR's shareholders)

Its amazing to me that the bashers can fail to acknowledge that receiving one million pounds is good news for RRR and a possible sale of IC claim for hundreds of thousand more by Dec 31st is also good news waiting to be completed

TheeeDuke re "supportive lenders"

I disagree. If I were a 'supportive lender' I would want to keep my debt outstanding as long as possible. Why? because thats how I make money

to a lender (just like the RRR's sharheolders) the risk is no lower yet for the lender the financial reward is still the same -high interest rates

if a a placing was not needed before receiving the one million pounds then its certainly not needed now.

IMO lenders like the shareholders are waiting for: A-DRC deal or deals to be done, B- deal to be done on 100% of RRAL and C-deal to be done on Kenya (after licenses renewed)

For now the focus is on A- the DRC

The tide has turned but there is still time to get in

Theeeduke-agreed a deal is not done until its done (duh)

so in your opinion is RRR in better shape now (after receiving one million pounds and a pending, yet still uncompleted) sale of IC claims or better off before those two events?

Aim Dogs How many 'Dilutive events' since receiving 1 million pounds? ZERO

How much cash will RRR have in the bank after paying off some debt? more cash than RRR had before receiving one million pounds

How much more cash will RRR have after selling IC? even more cash

I know there are risks but IMO the reward is much much more.

RRR is now in a much better financial condition than in years. Does it need more deal done? Yes and YES

TheeeDuke's question should be modified to this---"How many placing has there been in the 5 years been here when RRR has six figures in the bank ???

Answer - NONE

Plus the very strong likelihood that the IC sale will happen by end of this year.

IMO the tide has turned

Dicko Oh ye of little faith. DRC is waiting for trees to grow, to make paper so court decision can be published. Its all happening

Theeeduke 'someone knows something'

Yes, they read that the parade was cancelled.