Member Info for talkinto

Exactly Cgull - below all taken direct from RRR's website...take your pick on which one to mock first.

The Company manages a diverse and international portfolio of projects and investments and seeks to add value through development throughout all phases of the commodity cycle across both the mining and minerals and oil and gas sectors

Red Rock has an experienced management team focussed on creating shareholder value throughout the natural resource sector cycle.

Red Rock creates value developing its projects and investments and by participating in JVs and strategic partnerships, through asset sales and disposals as well as royalties.

The Board is committed to maintaining high standards of corporate governance.

Responsible behaviour is fundamental to our success. In order to produce value for all of our stakeholders we must ensure that we operate in harmony with local communities and their environments.

Red Rock’s projects and investments span the natural resource space including both mining and oil and gas at various stages of development and across multiple countries.

Aimdogs - the sad reality is RRR would have been richer now if they had let the illegal miners carry on doing a fine job of extracting gold and just charge them a pound a day site access fee.

Tongue in cheek of course, but what on earth has actually happened at Faso since the fabled 'gold everywhere' analysis

How can illegal miners make more out of the site than a professional natural resource development company.

Excellent post BB.

You could also add to the list the el limon royalties promoted to be starting Q4 2024, the ever imminent DRC payments & ELEP IPO...the list of failure continually pumped as golden promises of jam tomorrow is staggering.

The only thing that ever seems certain with RRR is shareholder wealth erosion through routine dilution. The opposite to what RRR promote for shareholders on their website.

You should be sectioned...700 million more shares on the way to add to the pile.

Deal to be concluded in 2 days or a 28 day extension and a further 50k payment (possibly refundable) to keep exclusivity.

Or Octo walk away and ECR open up to the various other interested parties.

Interesting to see what happens next...

Wasn't the excuse a year ago because there was a change of government that slowed DRC payment down...then before and after that it was a rogue lawyer.

For all those stating AB still seems confident of a result - wake up, that's his job to keep the gravy train going. He gets paid monthly regardless. I expect he got another £10k+ payday this week for his efforts.

AB stated imminent years ago on DRC - he was just as confident then as he is today.

I know as I bought in on that same thread when the stock was around 0.18 and a DRC payment seemed like it was almost in the bank and would have made a difference. I expect it will no longer be transformational to the company but will just about keep the wolves from the doors.

How many newbies bought in on more hyperbole...I suspect the debt at RRR must be approaching crippling levels unless they borrow / dilute further and further drain private investor wealth.

Aimdogs can update on how many dilutive events that will be (if it will all still fit on one screen).

And again...what happened to gold production...equipment arriving in May 2024...airplane taxes...the indians...then Mike the one man band... AB hopeful of production before Xmas, now approaching Feb and still zero gold being sold - have they made any worthy progress in Faso.

Here is a funny quote from the RRR website:

Red Rock has an experienced management team focussed on creating shareholder value throughout the natural resource sector cycle.

DYOR

I have to hand it to RRR...

Despite the continued years of failing to deliver anything for shareholders they can still convince new investors to buy in with regurgitating messages & building an RNS around the word 'expecting'. I wonder if you scour the annual RNS pack how many times 'expected' is actually used.

They continue to add more PIs to the RRR underwater dungeon never to see the light again.

Hopefully, some did manage to make a profit on the spike this time before it slowly ebbs away again.

In other news, how is the gold production going on the site that was announced to have gold fkin everywhere about a year ago now...

Another year of failure despite the never ending 'expected' jam tomorrow sales pitches...lowest ever share price and a dilution event on NYE to finish the year off sounds about right. Add that to the debts galore at eye watering rates.

Nothing landed barring dilution... no DRC payment, ELEP IPO, Gold Production, El Limon royalties, termites etc.

All this on a backdrop to the company that was shouting from the rooftops an eternity ago that there was gold fkn everywhere !!!

Does anyone see this one surviving 2025... I think in 2-3 months time most here will be wishing they sold at 0.4.

I do agree with coco - this offer is very underwhelming and on the back of heavy dilution for no reason which has done nothing positive for shareholder value.

I'd have been interested in seeing a bidding war given the amount of interested parties ECR stated had made contact.

Market thinks the same - share price stale.

You really should consider a lobotomy...

I'm really pleased with the quality and quantity of information flow from ECR.

The board are doing a fantastic job in turning this around and creating shareholder value. Plus they are aligned with shareholders and invested too, a great indicator that they have confidence in themselves and the company to perform.

I am somewhat surprised this is not already at the 0.7 mark given the strong indications on upcoming tax loss sales.

Once that RNS drops and buying starts on this share the increases could be very sharp indeed.

Touted as not to be missed... so what did I learn...

Legohead is still useless at interviewing (didn't even waste time asking about CLNs/POW/funding/gold production start)

AB has apparently gotten fat as per comment from a local in DRC where he's currently situated

DRC money still hasn't landed

AB isn't looking for a girlfriend in DRC

Repeated yet again the dodgy lawyer on the other side has dragged DRC payment out for 30 months

Meetings galore now going ahead to settle the DRC matter but still not yet settled

One man has arrived with equipment in BF...

Mike Billings is presently spending time in meetings with various parties prepping

Equipment is not yet through customs but should not be subject to customs charges

Interview not to be missed...debatable...

I think I'll make more from gold than RRR this year... I'm taking an old 9ct gold chain to cash converters at the weekend.

Who cares... how many times has he visited DRC last year and this year and failed to achieve anything.

Don't you remember when he only needed to pop across in March and say one word to sort it out....still waiting...

What will come first:

Dilution

lithium exports

Dilution

gold production and sales

Dilution

DRC payment

Dilution

Termites saving the company

Dilution

DRC President giving AB a golden opportunity fully funded for no reason

Dilution

RRR promised financial update

Dilution

I think all invested today lose another portion of their shirts next week.

DYOR

Orslega - it's clear no one sees the attraction because there is no attraction. A whopping £3k bought on todays weak RNS.

After a while of reading an AB release you see the 'potential' and the 'possible' and the 'expected' and the 'anticipated' and the 'think' and the 'imminent' and the 'very close' for what they truly are... Smoke and mirrors to give the illusion that something big is coming. Trouble is the only thing that ever arrives is dilution.

Again, the gear is on the way, its on the plane, production soon - heard that before, was getting on a plane then on a boat then not at all.

Lithium was being exported then it wasn't.

DRC was imminent then it wasn't.

Throw in some deflect and detract and a legohead interview along the way to keep the placing merry go round spinning... termites...New DRC project...antimony...etc.

When AB comes out and says RRR have produced and sold gold and the money is in the bank then investors may listen.

Until then, everyone will be waiting to see how he batters current shareholders to sort out the impending large bills. Mike's one man band gold project won't square that circle for him in time.

What did everyone think to the financial update RRR promised months ago?

Realist, optimist or Walter Mitty - DYOR.

Zzzzzz.... REACH...zzzzz...

Let me know when any shareholder can escape here with a profit. Still not interesting enough to suggest the DRC payment share spike is coming.

However, it seems the softening of shareholders has started.

I think it will now be a DRC asset & JV rather than full/any payment - munch, munch, munch...More newbies to be trapped in the RRR dungeon today as I imagine the spread will close back to normal levels by 16:30.

I ask what lunatic considers another project in DRC having been already royally shafted on an apparent multi-billion pound project and making shareholders pay the price chasing compensation for 2+ years but still spending it like its already banked.

The answer is one with no skin in the game because shareholders pay all the risk through dilution...over...& over... & over... & over...

Only just listened to the latest stockbox interview.

Nothing interesting in this one and Legohead actually sounds fed up having to conduct the interview, very lethargic once again and no pressing - he's probably sick of the rhetoric.

AB stating RRR should be a two & half billion pound company !!!! I didn't know he'd digressed into stand-up comedy.

Some talk of only getting a ten bagger rather than a twelve bagger too - classic.

No detail on what a BF smaller scale planned output with Mike looks like, but more comedy gold on possibly producing gold this year - another zinger...

Sounds like a casino bet then Helpful with the 3 outcomes you outline. The 4th not mentioned being it continues as it has for the last two years for another X years. What happens to RRR and the shareholder if it does?

You still think RRR is in a good place?

Still think the share price will hit 0.25?

Why didn't you take part in the placing - are you over-leveraged here already?

Have you readjusted your millionaire retirement plan off RRR's gold and lithium prospects to age 96?

These are all rhetorical - I need no answers...

Walter Mitty

My view is it's a 'loser' & the more time you take the more of a 'loser' it will become.

The form guide suggests the same.

Knocks out a few more LTHs...his punching power is simply unrivalled.

Most on the canvas will surely be wondering if it's worth getting back up or just finally conceding defeat to AB (obviously excluding maidit who shouldn't be allowed near a post office let alone the stock market).

Over £40 million in and nothing out and AB claims its not a lifestyle company.

A cancerous like erosion of wealth for all those invested in RRR - days, weeks or possibly months to live?

I invested here at around 0.19 last year purely for an 'imminent' DRC payment. Having seen through Bell's smoke and mirrors I made a call and I'm glad I did as I can see its as imminent today as it was 2 years ago.

The only true thing you can count on as imminent in RRR is routine dilution. It's eyewatering.

Wonder if you will get another lovely podcast from his hotel room today...I highly doubt it.