Member Info for specinvestor99

"A rising tide (gold price) raises all boats (RRR share price)"

I have more confidence in the change of the Australian investment outlook due to higher gold price and the Sunday Creek

drill results will continue to generate investment interest

Helpful-totally agree with you on this post.

RRR just placed a big bet on getting another deal done as well as ongoing Sunday Creek play. Given RRR's market cap it is now a cheap way to participate.

Even a blind squirrel can find a nut

View from POW poster

"RRR have to issue some serious equity here to get this over the line so our new shares in RRR will be worthless shortly but good to see the back of them as a partner."

RRR just keeps spending money, that it does not have, without any regard for a return to its shareholders.

Just another deal to keep the note providers making money

Not appropriate? RRR has been there for 16 years. RRR does a JV with an 'expert' and experience in conducting operation in Africa and yet no one has enough knowledge to ask the question regarding the process or possible payment obligation of bringing equipment into the country?

Have you ever traveled to a different country? filled a customs form? FYI the forms are passed out to everyone on board an international flight Why would anyone think Burkina Faso would be any different?

FYI RRR brought in drilling equipment into Kenya so this really is not a new issue.

News-- you made my point when you state " I think its best not to comment on another country that one is not familiar with."

This quote is from RRR's own website' " first invested in Burkina Faso in 2008" After 16 years IMO RRR should be "familiar' with the country.

How long do you think it should take RRR to become 'familiar" in that country?

A holiday is not a surprise. They are known well in advance Unfortunately RRR has a rich history of not only being unaware of holidays but also:

the passage of laws

Presidential elections

import of equipment requires payment of tariffs and other fees

and even who is authorized to res present their JV partner in the DRC

Is this a typical viewpoint in the UK?

" I will just be pleased when our CEO is able to extract POW from any connection with RRR. The original deal was set up by the previous CEO. Just look at the history of RRR and its Chairman Andrew Bell and you will see what I mean."

No surprise there- for most people that;s a simply phone call "hey is 10am a good RNS release time for you?" response "yes"

however all must respect that this is a complex issue for RRR's management

Why the delay due to an Australian holiday? I can think that an ASE listed company is involved in some way or perhaps its just tidying up the legal process and the attorneys are on holiday.

So many new RRR shares will have to be issued to POW that POW will end up the major shareholder of RRR

Fyi someone signs off on every statement made in news release, RNS, tweet, facebook comment, X posting etc

lol another Helpful pearl of wisdom

DYOR

AB is great at letting RRR shareholders that others are actually doing somthing.

Banbury Lihium then Burkina Faso show what absolute disasters RRR's involvement with other projects. Tremendous cash drain and dilution.

DRC cash, RRAL and even ELEP are interesting and require little extra cash to be spent.

goes back to one of my earlier comments. Lots of activity little results

NEWS stop being intentionally ignorant. RRR has stated (via RNS etc) that were working on an IPO for RRAL. Yes RRR failed to accomplish this.

So AB knows no one, the geo team knows one, the brokerage firm(s) contacted by RRR knows no one, the attorneys in UK and Australia knows no one, the auditors in UK and Australia knows no one. But luckily DL knows someone.

Big names dont know any geo's? I suspect they know a lot of geo;s, lots of attorneys, lots of chartered accountants etc.

out of curiosity do you still believe that gold production will happen in June? still watching those lithium exports?

Please go look in the mirror. There's egg on your face

Are you making a case that AB is just incompetent?

LOL totally YIKES producction was planed JUNE (remember the RNS? your own posts?) but today the RNS says the site is STILL being prepared YIKES

Yikes what happened? why the delay on that work? makes no sense. The plant was scheduled for June why wast this work done?

Networking in Australia- Are you saying after RRAL assembled a team, spent years trying to do an IPO that AB has little or no contacts in Australia Makes no sense unless you believe that AB is useless, do you?

More lack of any planning or project management. So much for the "experienced team'

Has the container left the port? There is a signficant time lapse between the two RNS

Why does an Austalian holiday impact timing of deal between POW and RRR? Both POW and RRR are in the UK,

My first thought would be a deal with a public company trading in Australia to buy out RRAL for shares but then RRR announced work program so now my guess is a 3rd party will come in with cash to fund RRAL, pay off the cash oblgiations to POW and put cash into RRR

at least thats my hope