Member Info for talkinto

I'll break it down to the simplest form then

Do you think sending non-sold spodumene to Beira without a buyer was a good idea?

Do you consider this to be an export if goods cannot be sold ex-Beira?

No compound questions here anymore.

I don't expect a response as I know you're terribly busy but it's been pleasant exchanging views on use of the English language with you if nothing else.

They have moved cargo across a border...yes

Have they got it to the end destination...no

Have they sold it...no

Anymore?

I've answered your questions. Are you going to return the favour?

Helpful... the word 'successful' came from your posts on here. I can dig it out and copy it for you if you'd like. Hence why I'm asking you why you think it was successful.

Helpful - why are you detracting yet again?

I know what export means and I note AB has moved some cargo by road to a neighbouring country. However, surely the point of stating RRR wish to export to China is to then export to China?

"judge us on our exports"

As you state: Export: "send (goods or services) to another country for sale."

AB has already advised he cannot sell the goods ex-Beira and has to get them to destination port so how has he achieved the export under the definition.

So again, in the business sense, shareholder sense, financial sense etc. How or why do you consider the movement of non-sold cargo to the Port of Beira to be a successful export for RRR?

It really isn't a difficult question so maybe English is not your first language?

£500... I'm not that rich... :):):) But I bet it's still £500 more in shares than you're holding right now.

You deflect and detract as per usual, you would make a very good politician.

Shall I just keep firing direct questions at you and you can see how many you can avoid with pointless responses on other matters?

Here's another...

When you quoted multiple times that RRR had successfully exported did you actually know Bell had just had some unsold cargo dropped off at a nearby port and not actually got it on the boat to China?

OR did you genuinely consider the non-sale of 200mts of spodumene being dropped off at Beira incurring port costs for RRR to be 'Successful?

It's literally insane...how does anyone keep up...

Last month it was gold

Month before that it was Lithium has now been exported - even though its not been sold because of CNY

Month before that it was 'judge us on our exports'

This month its oil & gas studies and talk of JVs and asset sales...

Then just rotate and never deliver on anything...with the odd dilution thrown in every now and then and a carrot on DRC payments to keep everyone at the table.

Then tomorrow, regardless of all the 'Jam Tomorrow' stuff we have the potential of the largest dilution this company has seen in quite some time (the old guard can correct me if I'm wrong).

Why would any existing shareholders be well placed to hold though such a scenario?

Helpful - when you say 'we' - who are you actually referring to, surely not the existing Shareholders given your ties to RRR?

When you say RRR is in a good place, again do you mean by default the existing shareholders are also in good place?

Genuine question as I don't believe you are actually invested here in the same way as the PI. I'd expect you don't hold shares in RRR with a high average even though you've been here for donkey's years so what is in it for you?

Hilarious...As vague as ever.

We HOPE for a further update by the end of this week or early next week.

We HOPE to progress the matter further this week when our local partner returns to Kinshasa.

There is a lot of hope being placed on poor old Barry this week isn't there. :)

Looks like the market loves the update...share price is now soaring....zzzzzz

Helpful...you gave me a chuckle there with your sign off so well done (good humour indeed).

The words choosing was a compliment - take it or leave it. I agree it takes IQ, it also takes high IQ to notice it rather than fall for it.

This genuinely is a bit of fun for me with zero sleep lost either way. I only play on AIM with what I am prepared to lose so I'll simply slip off this week and dabble on something else. Obviously would be nice to leave in profit rather than loss but hey ho.

I genuinely doubt my few posts have any influence on any price movements. I've just enjoyed reading up on this particular company and this board does provide some good insights / alternative thoughts at times which is why I've engaged more than I normally would when buying into a stock.

I'll not mention my intent to sell anymore either if you promise not to post another pointless lithium or gold chart, or a pointless update on neighbours - agreed?

Once again... who was Barry supposed to be meeting?

Helpful - I don't think you hold any credibility here. You choose your words very carefully though, similar to RRR releases so fair play.

Your direct exchanges with Bell clearly show me you are not on this board for the good of the shareholders so I will take your view on my strategy with less than a pinch of salt.

I arrive at this conclusion by assessing the amount of time you have been here and yet are not disgruntled at the permanent decline of the share price. You recently stated the company is in a good place - would you state the current shareholders are in a good place (if so, why)?

... But I'll play along whilst I kill time seeing as you want to engage today - who was Barry meeting?

My prediction only...

RRR will release another Reach RNS on DRC this coming Friday morning (day of AGM).

Noting the last one said absolutely nothing but got people distracted and excited and created a small spike, I expect this one to be similar.

Side-note, I'll ask everyone again today -

Who was the Country Manager even meeting in Kinshasa last Tuesday/this Tuesday? Who even is the Country Manager and what are his/her credentials? Any legal representation required/supplied?

Why did RRR announce they had a meeting but then not give detail on who with and why did they not update straight after the meeting?

Challenge yourselves to look for the detail and you will see there rarely ever is anything credible you can bank.

I predict the Friday RNS will be of similar wording to last week but will add no further concrete update but give further 'hope' to those that want to believe it - may even get some more gullible buying in but I doubt the price will edge past or close above the .012 mark - too many more want out at those levels.

AGM resolutions will all be passed. Next week a proper RNS outlining some of the additional shares hitting market on X date at a price which will not be favourable to current shareholders. CLN details etc.

I'll be exiting tomorrow/Friday regardless. Time has run out and I'm not prepared to hold on whilst RRR lights more dynamite under my investment in them - twice in the last few months alone is enough. Anymore and I'll be stuck here with losses not worth trying to claw back like most others invested for more than 6 months.

Sometimes its better to cut and run than stay and pray. As I say that's my prediction only and my exit plan - DYOR.

Showing sells outweighing buys 2 to 1 which does not give me much confidence in the outcome... prey I'm wrong.

I'm still being offered .101 but can't get a quote on anything to sell over 5 million shares currently.

Where are you seeing that Vaga?

I'm seeing today's volume at a touch over 70 million which is about £70 grand exchanged of small punter trades. Even sells to buys.

What a silly / false spread... 20% ???

Sell price being offered currently is 0.101 which is similar to 08:00 this morning for all my shares so doesn't feel like its getting ready to pop just yet.

BB - they committed to updating this week:

Because of the materiality of our $7.5m - indeed $10m - claim, we shall issue a further update next week. Expediting the arbitration is at this point our highest priority. It has been a very long process, and not without incident, but we are hopefully approaching the finishing line."

If the update is bad then I expect it to come directly after the AGM concludes on Friday.

3 working days to go... no volume of interest in the first hour today

Welcome to Red Flag City where AB resides as the Mayor.

RRR were 'days' away from DRC payment weeks ago, before that it was imminent for months/years.

RRR were in full swing on production on lithium - had 5 Chinese buyers interested then all of a sudden RRR can only muster up 200mts and then they had to buy some of that from another party - oh and still not sold, which means its probably still sat at the port of Beira attracting unnecessary costs daily to RRR - no update for a long time and blaming CNY nearly a month in advance of CNY even starting - mind blown.

No update on lithium as a whole - what happens after the 200mts, have they been mining, stockpiling or just positioning to move in to yet another bright idea not listed in the outlook strategy.

Gold - oh dear, enough said. But don't worry because the price of gold is over 2,000. Burkina Faso blah blah.

Might now dabble in oil to change the narrative once again and keep the merry go round going...

CLNs - sure that's a given...

Dilution...appear they cannot go a financial year without it

4 working days to go to AGM agreement to allow opportunity for significant dilution... I'd be amazed if anyone in the world can raise and promote this share this week without a payment received from DRC RNS.

Conclusion

We expect to generate cash from sales of assets and from court and arbitration awards over the next few months.

However, we are now in a position to start selling product, initially from Zimbabwe lithium, and a key task is to ensure that this item increases during the current year of account to the point where our sales and profits expectations provide tangible support for our value.

If proceeds are not received from the DRC arbitration early in the New Year then the Company will implement some combination of cost reduction, joint venture or farm ins, asset disposals, and financing, in order to focus on those activities that can lead to early cash flow.

Andrew Bell

Chairman and CEO

18 December 2023

DYOR

Seriously... Can RRR not stay focused and be good at one thing and actually deliver on one EBITDA generating project which creates existing shareholder value before putting another 'jam tomorrow' project on the table.

It's literally insane...

Why have they not been mining and stockpiling lithium ahead of the impending CNY finishing if they think there is a market. They are going to sell 200mts at a loss apparently and then what???

Helpful has been posting some small price rebounds in Lithium highlighting a reversal and also highlighting large Chinese demand...again where is the update and strategy before pivoting in to yet another new idea with DL.

I just wonder if RRR has any strategy beyond surviving year on year on the dime of shareholder dilution.

I will not be fooled by anymore 'Jam tomorrow' stories posted next week ahead of the AGM. I'm keenly looking for DRC news only via approved NOMAD (not reach) RNS giving clear outline of when the funds will be received.

Appreciate those also invested here only want positivity and enjoy the addition of another consultant and another pipe dream but I just don't buy in to it.

4 working days to trade ahead of AGM. I expect the full PR assault to begin and hopefully this will give me my needed spike out of here. Fingers crossed for a push on 0.15+ this week.

Thanks Shadowless, for your sake, and mine, and probably everyone else too let's hope we are looking behind door number 3 next week then.

Oh that's interesting... so dilution either way?

I did not know that...but can RRR set the price still if the stock does rise rather than at major dilution of 0.1 and below?

BB - I would always just stick to your guns and filter the noise. A lot of what I've read on here over the last week has been complete nonsense with no substance so I've only checked in once or so a day. I would rather read 2-3 of your posts than the 100+ I've read this week.

I sympathise with those holding from next Friday in absence of DRC money landing and not doing research on other factors which could negatively impact their investment - but there is still time and the information is all here and within RNS's for them to review so they can make informed decisions.

If I sell I may return once (or I should quantify if) dilution takes place to still try and benefit from a DRC payment spike but I will review that nearer the time. I am not one to frequent shares I am not interested in buying in to but I am keen to see some return rather than a loss on my RRR investment. May have to be on my second run or not at all.

My summary as of today is to remain a realist & I will take a loss next week rather than a bigger loss gambling on hope. I have to look at market sentiment here which is low and highlights no belief the DRC will land (can see it is not priced in) and I have to look at RRR actions - why announce before the meeting, why not update straight after the meeting, why not postpone no.4 from AGM or postpone AGM itself.

Fool me once, shame on you, fool me twice, shame on me.