Member Info for Theeeeduke

News I’m just being a realist and so people see both sides of the story !

For years Hapless has peddled promises of riches here’s from the likes of Tin Hill, DRC , Faso just to name a few, none of which materialised - Even though he mentioned they were worth 100’s of millions ! None of which ever came off and I imagine a few investors bought in on the back of Helpfuls posts.

Why does it bother you so much me posting ?

If you were confident that what you post was going to happen you should be mopping up as many cheap shares as you can !

With so many shares suspended of late you’ve got to wonder is RRR going to be next ? As no one knows how the company is continuing to fund itself, unless you are an insider of course.

So every month they need to borrow more money, which leads to more interest payments every month.

Increased debt increased payments every month, a snow ball affect in the wrong direction !

RRR had £223k cash on the 31st of December, not even a months worth of costs.

5 months have gone which equates to £1.5 million in costs, which would lead you to believe RRR must have again taken out more short term borrowings, I absolutely dread to think what the interest rate is on them !

Makes no difference news to the dire financial crisis RRR are in right now I’m sorry to tell you !

Wow the more I look at the actual financials and base my posts on actual data from the interim results, rather than my bias the worse it is.

Didn’t actually realise how bad

From interim results

£5.295 million in short term borrowings, yes that’s not total debt just short term !

What is short term ?

When does it need to be paid ?

How will RRR pay it ???

Penny dropping yet ???

All your suppositions, here are the facts

RRR have no cash

RRR have interest payments to make on their loans which they either need to borrow more money for or do a placing to pay !

POW payment keeps getting kicked down the road as RRR can not pay the final payments payment !

According to last financial report by RRR they are losing £300k per month, put that in to your 101 book of hypothesis and work out just how screwed this company is !

Sadly no matter how much drivel you post you can not change the here and now and the dire situation RRR are in !

Gonna look a right fool when none of this comes off

Wow

News you are off your rocker !

Remember how stupid you felt last time you tried pumping an RRR project 2 years ago, ran away crying when no one listened to you, none of your lengthy posts with predictions came true and the SP continued its downward spiral !

Definition of stupidity is doing the same thing over and over and expecting a different result

Yawn yawn yawn

Pump central because desperate to get a placing away and nothing at all left to ramp in the RRR port folio

Clutching at straws

I won’t be buying in here at any price news !

Company has no money, bills to pay along with Andrew Bells wages so a placing will happen as night follows day !

Question is how much can they get away and at what discount

RRR been on the down turn trend for 7 years !

Dont think its about to change either no matter how much you post

I appreciate that honest answer - Thank you News !

Personally I think a placing is nailed on as the company is so far in the brown stuff.

How there hasn’t been one this month already I am amazed with, with my only thoughts being they can’t get one away, unless at a massive discount, as I believe the last one was a 50% discount !

Good luck to you, but Andrew Bell has never listened to anyone before, but don’t think he has been this desperate before so you never know - You seem an educated person who would do a lot better than AB at running this company !

Ok News, do you agree then a placing is needed and fairly quickly ?

I also pointed out that you posted on the RRR board that you sold HALO at 12.5 ! At that time you were posting links and putting positive spin on things, luring people in to buy so you could off load, contributing to the share price decline

Placing needed just to keep the lights on !

So you now have a debt of £1.25 million Hapless ? Is that correct ?

Many bods do it, so if this bod decided to take its salary in shares would be a massive confidence boost for share holders - Do you agree with that at least news, hapless, Nike ???