Member Info for specinvestor99

Helpful you are optimistically reading into the comment which actually says

"In DRC and Burkina my colleagues continue working, and honouring the holiday in their own way."

Even if his colleagues are working over the weekend (which it does NOT state---it does not mean the other parties are working. So the bottom line is nothing will be accomplished over the holiday-no surprise there

I found it interest that the mid year report regarding lithium stated : "... current stockpile in Beira and Harare ...")

This would clear up prior non RNS statements made by AB in interviews.

However with the big run up in gold I hope RRR can issue an RNS on a gold project (anyone) Although as AB wrote on X an update is due on DRC so it would be good to read about his recent trip

How would shareholder even know when the vote is by show of hands?

Looks like AB is back in the UK but no RNS on DRC cash so perhaps it is being held up by the NOMAD

I like that POW actually showed details of the votes and not just a 'show of hands"

Resolution

Votes for

% Votes Cast

Votes against

% Votes Cast

Votes withheld

That is the bottom line AB needs to get DRC cash.

AB can give interview say everything is approved and then complain about the news release was not approved by those nefarious "shadow directors'

Its shocking that such my post received any contrary view

IMO the AIM REQUIRES disclosure on significant events thus it is not up to a NOMAD's discretion to deny permissions a RNS on that issue.

Helpful completely missed the point of a NOMAD

Helpful-re: RNS needed to be made, NOMAD permitting

This post seems to suggest that a NOMAD could reject a RNS which needed to be made.

Is a RNS up to the total discretion of a NOMAD?

So if the cash was actually received in RRR's bank account in London a NOMAD could reject the news?

If lithium exports were made to China a NOMAD could reject the news?

If alluvial gold production was actually happening the NOMAD could reject the news?

Perhaps the cash from sale of Greenland happened by the NOMAD rejected the news?

Your suggestion is absolute rubbish

My guess for an RNS is

Significant progress has been made

RRR has been offered more properties which look exciting

we have reached an understanding with VUP that they will be joining us in future litigation regarding Gecamines (remember VUP sold property for $20 million which was then flipped for $540m so VUP lost out on that extra money as well)

VUPS attorneys will join our legal team and RRR has agreed to pay them an initial retainer of ?????? (wink wink this is the money they wanted now but its not a pay off or bribe -wink wink)

Banbury given the time AB has spent in DRC for this trip it seems apparent the 'deal' was not agreed to and it would apprear that some negotiating is going on

Could this be an insider trading on DRC events? Could be

LOL

Aim-- RRR has reported grades on it 's RNS However RRR was not mining but rather buying ore with the objective of exporting it to China. AB has stated RRR can not make money at the Lithium prices at that time. Obviously prices have increased since then so it is unknown if the price has increased enough to make a profit

Range Rover-Why do you say the legal have sorted?

'couple of days' I posted my thoughts on this several times. IMO it was never possible. At best all AB could hope in couple of days was to get the other side to sign an agreement. Assuming he or RRR's attorneys could figure out who was actually authorized by the 'other side' to sign an agreement. That alone could be a long proces

Maidit re "greasing his palm' Do you realize the possible negative consequences of such a suggestion?

LOL RRR is also aware of the situation that VUP is in. RRR has been making payroll for years, has VUP --NOPE

This is my understanding of the process

1) finalize and have both parties sign agreement

2) have official stamps on agreement

3) have court recognize and ratify the agreement

My best guess on this would be 3-4 days based on getting in front of judge in 24 hours. This could be longer if changes are made to agreement. Not everyone has access to computer, word processing programs, printers etc. Some countries still use typewriters

4) Take that document to Gecamines and to recognized, approve documents to process for payment

5) Gecamines make payment

AB previously said he wanted to be in DRC when payment was made to RRR

6) with funds in RRR bank account in DRC AB has to arrange for approval to send US funds out of DRC

7) funds arrive in UK

Steps 5 to 7 could take 2 to 4 weeks. Longer if Gecamines has a 30 day time frame to process payments.

In writing that I acknowlege that AB has stated in interviews that payment would be made promptly or immediately. In Gecamines case even if they said those exact words then payment in 30 days would still be truthful

I hope its faster but that a reasonable time frame

AB still in DRC see his post on X

Helpful agreed There was RNS about 3 years, I think, which was never issued because the NOMAD did not get the translation

Agreed Folks are really clueless. It seems like every depressed stock blames 'short sellers' who are breaking the law or playing fast and loose with the reporting rules.

Personally I dont believe any thing about 'unreported short positions'. If true it is a big black eye on this exchange and it should discourage anyone from investing in any shares on this exchange. Shame on the UK for permitting this type of lawlessness

I still believe the DRC cash will happen and still own RRR shares