Red Rock Resources Share Discussion Threads

[torp] 02/12/2019 11:21

lol @Noirua

Ramping up his appalling ramping. Can only confirm for me that a placing is imminent. No way I will be fooled by that nonsense.

Watch for update RNSs next. Classic sign. It really does get very old.

We have a ramping alias appearing on LSE too. More confirmation of incoming
placing imho.

The Bid Price has been 0.4p for some time so I predict any placing will be at
0.35 or worse. So the placees will be keen to palm off their shares to naïve
mugs at 0.4p and higher.

Anyone who falls for Noirua's BS here deserves to lose their money imho.

Always DYOR

[kemche] 02/12/2019 10:48

Noirua2 Dec '19 - 10:40 - 9082 of 9083
0 0 0
Ignore my ramblings please.




Everyone has.
And continues to do so.

[noirua] 02/12/2019 10:40

Only CLN holders individually and directors of RRR know the CLN position, not me. It may put very few, excluding directors of course, in an advantageous position.

[noirua] 02/12/2019 10:03

There may be some buying from Australia this morning - can make no further comment.

[clunes100] 02/12/2019 09:55

Ticked up but we continue to await news.

AB is late announcing AGM which I believe should be before the end of December 2019.

[clunes100] 02/12/2019 09:43

Someone is buying - I think RRR is about to tick up - is news imminent?

[torp] 02/12/2019 01:17

Noirua BS - "Red Rock will receive . . . approximately £363,447"


Laughable. This BOD spent approx. £850,000 last year just on Admin Expenses.

The dividends which should add value simply pay for the BOD salaries and lavish
lifestyle.

How's the placing coming along buddy? Only 14 working days left before RRR
need to find approx. £1m to pay down the outstanding CLNs, deadline 19th Dec.

You'd better brush up on your boiler room Ramping 101 handbook if you're
hoping to get a placing away. Few will fall for it imho.


DYOR

[noirua] 01/12/2019 17:03

Jupiter dividend 31 October 2019: This dividend is equivalent to A$0.04 per Jupiter share and will be paid on 21 November. Red Rock will receive A$680,996 (approximately US$467,980 or £363,447). Posts kept as short as possible as it is a boring time waiting for Kenya and DRC RNSs.

[torp] 01/12/2019 14:43

lol Noirua

Shame on you fella, trying to mug people into this POS share.


There are now only 14 working days before we reach that 19th Dec deadline.

The £1m of outstanding CLNs are due for repayment then.

What will it be?

1. Decimate the share price with further dilution and misery for shareholders?

2. Pawn off more Jupiter shares to raise the cash?

3. Kick the can down the road for a further year?



Any way you cut it things don't look good. Resource announcements won't
magic £millions of cash of course. Just "jam tomorrow" rhetoric.
Vapourware as history has shown. Projects here go nowhere.

Ivory Coast went nowhere
Greenland previously on sale for 10m now sold off for just £1 - laughable
Shoats Creek oil, project written off, another abject failure
Steelmin, went into Administration last Feb. BOD still haven't RNSd that fact
Kenya, had their license revoked. Now fighting for another one


Nothing will ever change here while the BOD remain in place

The MO here is too well established and few fall for the BS any more imho


Absolutely no point buying before that 19th Dec deadline imho. You risk
the share price declining as a result of dilution or pawning off of the Jupiter shares.

Whatever value exists in assets is always stripped away by the BOD's preposterous
expenditure on Admin/other expenses. Between 2012 and 2017 they raised over £15m
via various dilutions and in the same period frittered over £11m just on Admin and
other expenses. Where is the shareholder value if close to 75% of cash disappears
in salaries and expenses?

Just a nonsense

But each to their own. Be sure to DYOR and ignore the ramping BS here.

.

[noirua] 01/12/2019 13:34

Your choice when to trade with news just around the corner.

[kemche] 01/12/2019 00:49

This is what Torp wrote, I believe:


Torp29 Nov '19 - 11:12 - 9066 of 9070
0 1 1
Deadline for repayment of the £1m outstanding CLNs is almost upon us, 19th Dec.


Noirua here is desperate for people not to know about it hence his continual
posting of the same drivel to push others posts off the page.


Where will RRR get £1m from to pay those CLNs???

Surely it's more dilution for shareholders here or else further selling of the
"family silver" Jupiter shares. Either way the share price here will drop into the
0.3p levels imho.

Or will the so called (cough) high net worth investors who hold those CLNs admit
failure and have them rolled on for yet another year ? That would cost
shareholders here another year of interest at 10%. A complete waste of cash.

All in all it doesn't look good at all.

I will personally be watching for a small manufactured share price rise, update RNSs and
increased ramping as signs for impending dilution.

Each to their own. Always DYOR here.

[noirua] 30/11/2019 15:30

Material Matters: Copper, Iron Ore And Coal
27 November 2019


Credit Suisse assesses the copper price may experience a bounce if there is a trade deal between China and the US, but demand growth may be slower to recover. Fundamentals are showing copper experiencing growing surpluses, an indication of lower prices.

Morgan Stanley observes the spot price for iron ore is creeping back up to US$90/t and robust demand is keeping the market tight. The broker suspects, with momentum still strong and low inventory at steel mills, amid constrained near-term supply growth, the iron ore prices not ready to take a step down yet.

[torp] 30/11/2019 01:34

The only notable thing about AGMs here is that at every one the BOD tables
a resolution to request authority to issue shed loads more shares in the coming
year. They will do it again this AGM I have no doubt.

Meanwhile, tick tock, the 19th Dec deadline approaches.

[greenpastures2] 29/11/2019 19:59

I took your advice Torp and sold my last lot two days ago. I went to two agms. At the first one it was not every thing needed to come good. At the second one after the Bosnia debacle it seemed to me that we needed action in DRC and Kenya to be happening soon but here we are getting close to the next agm again.

[torp] 29/11/2019 11:12

Deadline for repayment of the £1m outstanding CLNs is almost upon us, 19th Dec.


Noirua here is desperate for people not to know about it hence his continual
posting of the same drivel to push others posts off the page.


Where will RRR get £1m from to pay those CLNs???

Surely it's more dilution for shareholders here or else further selling of the
"family silver" Jupiter shares. Either way the share price here will drop into the
0.3p levels imho.

Or will the so called (cough) high net worth investors who hold those CLNs admit
failure and have them rolled on for yet another year ? That would cost
shareholders here another year of interest at 10%. A complete waste of cash.

All in all it doesn't look good at all.

I will personally be watching for a small manufactured share price rise, update RNSs and
increased ramping as signs for impending dilution.

Each to their own. Always DYOR here.

.

[kemche] 29/11/2019 10:46

Fundraising O'clock soon..............

[noirua] 29/11/2019 09:20

ELECTRIC VEHICLES - BATTERY METALS
@RRR_RedRock actively exporing the Musonoi Copper/Cobalt Project in the DRC

[noirua] 29/11/2019 09:20

How the green economy will benefit copper miners
28 November 2019



Billionaire founder of Ivanhoe Mines, Robert Friedland, sees the global effort to reduce carbon emissions as a lucrative opportunity for the mining sector.

Friedland says the manufacture of solar panels and wind turbines will increase the demand for copper by 56% by 2030.

This comes at a time when copper production is beginning to decline, due to ageing South American mines – which are currently the largest, and the launch of very few copper projects.

For this reason, Friedland believes his new DRC copper project is a very attractive investment. It’s a joint venture with the Chinese mining groups, Zijing Mining and the CITIC Metal Africa.

Friedland is predicting the next golden age for copper miners, thanks to environmental concerns around climate change. He says cobalt, platinum, palladium, and nickel producers are also likely to see a boom.

[atino] 28/11/2019 21:19

Fair point about management & admin expenses Torp😤...but RRR has not been trading “insolventR21; 🙇 (...that makes that you talk in that way, about liquidations! 🤨🧐💭💭8173;)



HOW DARE 😠 THAT POSTER say that about our BELOVED 🥰 Planet Rock 😍 (...cut his bloody manhood off ! 😡)