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RRR Red Rock Resources Plc

0.0575
0.00 (0.00%)
Last Updated: 08:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Red Rock Resources Plc LSE:RRR London Ordinary Share GB00BYWKBV38 ORD 0.01P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.0575 2,253,779 08:00:00
Bid Price Offer Price High Price Low Price Open Price
0.055 0.06 0.0575 0.0575 0.0575
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Iron Ores -2.67M -0.0011 -0.55 1.49M
Last Trade Time Trade Type Trade Size Trade Price Currency
13:56:59 O 48,330 0.0569 GBX

Red Rock Resources (RRR) Latest News

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Date Time Title Posts
24/4/202413:13RED ROCK RESOURCES PLC - Information Thread17,799
11/12/202313:51MUSONOI AREA 1 PE4962 - KAMUKONGO PE663 - KASOMBO SOUTH PE2360 - in Democratic R8
13/8/202316:32MIGORI GOLD PROJECT in KENYA16
15/6/202211:11Red Rock May 202244
18/1/202117:31Red Rock Resources 201121,885

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Red Rock Resources (RRR) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
12:57:000.0648,33027.50O
12:48:170.061,921,0531,095.00O
12:41:590.069,3795.17O
11:07:210.06275,017151.53O
2024-04-23 13:55:410.0610.00O

Red Rock Resources (RRR) Top Chat Posts

Top Posts
Posted at 24/4/2024 09:20 by Red Rock Resources Daily Update
Red Rock Resources Plc is listed in the Iron Ores sector of the London Stock Exchange with ticker RRR. The last closing price for Red Rock Resources was 0.06p.
Red Rock Resources currently has 2,480,597,791 shares in issue. The market capitalisation of Red Rock Resources is £1,488,359.
Red Rock Resources has a price to earnings ratio (PE ratio) of -0.55.
This morning RRR shares opened at 0.06p
Posted at 12/4/2024 23:48 by kemche
Those are important determinants of the RRR share price.
Posted at 11/4/2024 15:52 by kemche
Since the writer is NOT the READER as norm it is POSITIVE that the share price has NOT CHANGE law 198 therein. NO? YES! It would appear...fill in the blanks.----------------POSTERS----------------NOT DROPPING to 0.05p issue price. Ah, so!!! 509.8 BILLION vs just 22m shares no? yes! AS COGNISANT THEREIN LAW 324 then norm wherein? Chairman of RRR tweeted ? Yes. No? LoL. Interesting eh? Thur, 11.4.24. RRR RNS, 11.4.24 -ISSUANCE OF 509.8 BILLION SHARES. As norm. THIS IS NOT THE CASE normally, isnt it? Is it? It isn't? Yes? No? Possibly? Not norm!!!! IF ONE HAS SHARES, DO A LIVE BUY not a dead sell! As norm! USA mkts dont end at UK time, 4.30pm either. FOLKS PLEASE CHECK YOUR OWN RRR SHARES!! No? Yes? Maybe? FACT: MM'S----------ARE NOT ----------REPEAT -------SELLING RRR SHARES . Yes, I am over 21 years old. THEN WHERE IS THE ASSETS , given you only point only 1 direction? everyone took your idea of ASSETS! Why? HOW, IS THE TIME TO EVALUATE one's own position. Dont say NO ONE SAID SO! Or say it. No? Yes? RRR HAVE NOW SAID SO.
Posted at 11/4/2024 00:11 by dead duck resources
Sep 29th 2021: 5,870,693 shares left in JMS
Oct 25th 2021: JMS ex-dividend date

RRR reported no dividends in FY to June 2022 so must have sold them in October 2021.
The share price that month was 24c to 22c, so we may say 'RRR were out at 22c or so'

Mind you RRR missed out on 4.7c of dividends since then. Altogether then we can say
'RRR were out at 22c or so, compared to current price of 26c +4.7c dividend = 30.7c
an effective loss on that tranche between then and now of 8.7c (or about A$500,000)'
Posted at 05/4/2024 15:31 by kemche
Just concluded the LUNCHTIME meeting of naysayers as norm LAW 101 THEREIN 1.34am 36th Decembruary 1936 MARKET OPEN WHEREIN as norm IN SPECIES resident chief DRC DRAFT AWARD in international LOCAL as norm LAW 102 suffice to go before the Arbitrator Verbatim as is NORM LAW 103 intensive and DIRECTION discussions APPROACH THE======-----A R B I T R A T O R --=====WITH AN ----LAW 104 AS NORM!!!!!! TO BE NOW RESOLVED, irrespective of any 3rd party matters WHEREIN in species LAW 105!!!! When I was at SCHOOL====---NO???? could be that the "NAKED SHORTERS"??? NUDITY allwed by FCA AIMREG HotCopper as norm LAW106???? HATE CRIME law now as NORM law 107!!! RRR RNS today give an update on RRR DRC and RRR Bilbale, Burkina Faso??? So why the SHORTING if NOT as NORM??? NUDE???RRR shares down but up, post RRR RNS today THEREIN as norm LAW 108!!!! THEN why=====-----??? DID she? IT will give BETA etc as NORM LAW 109! He drank orange cordial as norm?? Why? It would be FIRST BASE! BUT second BASE???? THEREIN! I dont mind the heat.==== BUT SHIVER me timbers??? NOT NORM!!!

Naysayers RESIDENT!
Posted at 11/3/2024 09:03 by kemche
"Noirua you simply do not get it do you, your research is useless, in a recent Q&A session Andrew Bell
said RRR has de-geared by £1m, in other words the debt at Red Rock has been cleared.

Stop shorting POW AND RRR, shorting can lead to unlimited losses."

"Bodes well for the upcoming IPO



Victoria gold production at 100-year high: Gold mining in Victoria is booming with annual
production over 2019-20 reaching the highest yearly level since 1906. Australian Mining.




"Very positive interview, re Juno - covers Mount Ida where a $8m royalty will be paid to RRR should certain works complete + Bell believes Juno shares could rise 10 fold which make the RRR stake worth circa £2m

Also says Aussie IPO will add significant value to RRR
Posted at 29/2/2024 15:49 by dead duck resources
Noirua, the numbers are perhaps not as bad as we thought. The total amount raised to date (share capital plus share premium) is c.£36 million, debt of £2.5m and net trade creditors of £1.75m. Over £40 million all in. The Mcap or company valuation is £2.55m representing -£37.5m loss of value, but as I'm now a bullish investor I focus on the retention not the loss.

By my calculations Mr Bell has delivered value retention of 6p from every pound raised. You could say its nearer 1p (which the share price reflects) but going by the above metrics it looks better. Quite frankly I am encouraged.

If we raise another £2m this year (4 billion new shares, 7.55bln total issued), at 6% retention we are looking at £0.12m being added to the market cap, taking us to £2.67m. Divide by the 7.55bln issued is a share price of 0.0355p, or -50% from here. That will be seen as a reasonable performance by this management, who lest we forget took cash bonuses for delivering -75% last year.
Posted at 13/2/2024 13:40 by dead duck resources
The issue with consulting the shares so hard is if the news doesn't live up to the hype, the share price could crater... And as time goes by consulting will have less and less impact on the share price. Law of diminishing returns.
Posted at 07/2/2024 19:16 by steveberyl
RRR is a 2 part SAGA. The first part is unfolding now and whenever it concludes, it will fund the next Stage.

Many mining Companies dig holes in Ground Worldwide and find Nothing, RRR merely needs to instruct Solicitors and the eventual outcome will put $M`s into RRR coffers.


In the Meantime RRR will carry on with its current business with a Huge improved Market cap(based on the outcome of the next Court appearance) that will allow substantial funds to be raised at decent rates, should suitable opportunities arise.


A huge Cash pay-off is likely, even, beyond reasonable Doubt.

RRR once you absorb the facts surrounding Glencore Subsidiary, is an Embryonic Mining Giant. I shall add M`s at these levels. NAI

Ivory Coast v DR Congo in AFCON Semi-Final Winer play Nigeria.
Posted at 07/2/2024 14:12 by noirua
Just to tidy up the basics. Glencore itself a Swiss company has no liability to Red Rock and Glencore has around 200 subsidiaries and every one of those is a giant compared to Red Rock.

It was VUP SA/ Bring Minerals, VUP a DRC company, that held 49.9% of Musonoi Area One - RRR held 50.1%. Gecamines flipped it on to Kamoto Copper Company of DRC (alleged as $460 million) owned 85% by Glencore and 15% by Gecamines directly and indirectly leaving liability to pay $20 million to VUP to Kamoto Copper Company.

Kamoto Copper paid $5 million to VUP. Later VUP took Kamoto to court claiming $15 million. I understand Kamoto had reason to not pay $15 million to VUP but have not disclosed further than that.
At this stage or a bit before RRR became aware.

Kamoto stated they would now hold the $15 million until directed by decision and agreement from the outcome of the Arbitration in Kinshasa.

Subsequently, RRR gained two court decisions awarding them $2.5 million plus $2.05 million. RRR has said VUP has appealed the $2.05 million but may not appeal the $2.5 million award. RRR has said they are awaiting the result of an Appeal but has said little since.

On Laws, the Laws of Switzerland apply to Glencore. The laws of each company whether a fully owned subsidiary or not come under the laws of the country they trade in as well as registered.

The update finished at 14:28.

See the Header above for links to information.
Posted at 06/2/2024 08:43 by steveberyl
A Scenario that just might play out is that Glencore have been involved in some shady practise with a minnow, RRR. Albeit through a subsidiary, the deal was crooked and arbitration has agreed it was crooked. The big problem for Glencore is, Arbitration did not have to go to any large expense to come to their conclusion, NOR DID RRR. IT WAS CUT AND DRIED, A CROOKED DEAL.

A Court would demand Glencore play full restitution and Damages, the $10m & $400m would be Chicken feed, plus the reputation damage would be extensive. Glencore Mkt Cap at $75Bn. RRR new consultant would have no problem issuing Court proceedings against Glencore.

Glencore, as far as I can see have but one option, they MUST get rid of RRR.

On that basis Glencore would buy RRR and sweep the entire mess under the carpet.

RRR NEW CONSULTANT would not allow Glencore off the hook "CHEAPLY" RRR could well be sold for a lot of WONGA

Make no mistake, GLENCORE are in a spot of bother.
Red Rock Resources share price data is direct from the London Stock Exchange

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