RE: POW12 Feb 2025 06:17
I can say for a fact Andrew Bell is a liar, in a phone call many many years ago when I was at RGM, I told him to stop wasting money on Potash is Sudan (yes another project) and wait for Horse hill results. I remember him saying it was only small money in Sudan and then bugged up horse hill, less than a week later he sold horse hill a day before they announced results, which sent every horse hill invested company up 100โs of %. RGM went down. Even though Horse hill didnโt turn out to be the gusher it was touted to be, the fact AB sold day before results mad me think there was something very underhanded with the deal or Alba mugged him as he does seem a very weak individual where other companies always seem to tuck him up and get the better of him !
Think everyone agrees DRC cash soon is absolutely critical, donโt think it is company changing due to the amount of debt, but will buy them some time ! No DRC money and I genuinely believe RRR are dead in the water ! Good luck tho guys !
No more posts from me today, said my thoughts on DRC and also proved yesterday it looks very unlikely RRR will receive any dividends from Soma after reading their website and their statement that the royalty is only for ore mined on the El Limon licences, which they donโt plan on doing ! Have a good day all !