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Share Name Share Symbol Market Type Share ISIN Share Description
Red Rock Resources LSE:RRR London Ordinary Share GB00BYWKBV38 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.575p 0.55p 0.60p 0.575p 0.575p 0.575p 1,450,902 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 0.1 0.0 28.8 3.08

Red Rock Share Discussion Threads

Showing 44376 to 44398 of 44400 messages
Chat Pages: 1776  1775  1774  1773  1772  1771  1770  1769  1768  1767  1766  1765  Older
DateSubjectAuthorDiscuss
16/1/2019
10:07
Nairobi hotel: DusitD2 siege over as attackers eliminated Https://www.bbc.co.uk/news/world-africa-46888682
noirua
15/1/2019
22:06
DRC Constitutional Court begins election appeal hearing 2019-01-15 16:30 Https://www.news24.com/Africa/News/drc-constitutional-court-begins-election-appeal-hearing-20190115
noirua
14/1/2019
11:32
Manganese Ore Index 37% Price (FOB Port Elizabeth/US$ per dmtu): Week commencing 14/01/2019 - US$5.07 (last week US$5.42) Https://www.jupitermines.com/projects/tshipi/manganese-price-information
noirua
10/1/2019
20:55
And make sure he chucks in some free warrants too - you've been working very hard of late and despite daily having to face the facts that nothing has reached fruition project wise. Flogging a dead horse is never a fun pastime ! Maybe if you gave this up then the Co's Admin (cough cough) fees would go down a smidge?
seagullsslimjim
10/1/2019
18:10
Noirua, Has he still not settled the invoice? I did give him a nudge for you. I hope you are in receipt soon so that you can resume normal service.
kemche
10/1/2019
17:32
Everything is in the hands of the Board of Directors in RRR. Until the finalisation of a mining license for the Migori mine in Kenya, a partner announced, and how £2 million will be found for the 25% purchased + drilling costs in DRC and results, Red Rock shares continue to be very high risk. Everything may turn out well though AB and Co are trying the patience of substantial shareholders and others. Shareholders who like a punt may replace many who saw RRR as a company about to pay dividends and looking quite low risk in the sector. Risk has moved from 3 to a maximum of 6. As punting material the upside is far higher and downside is back to the bad old days. You pays yer money and takes a chance.
noirua
07/1/2019
11:48
Price of 6 sausage rolls in Aldi steady at £1.99 today.
mjones727
07/1/2019
10:42
Manganese Ore Index 37% Price (FOB Port Elizabeth/US$ per dmtu): Week commencing 04/01/2019 - US$5.42 (last week US$5.62)
noirua
06/1/2019
18:58
DRC Elections as Trump sends in Army: Https://youtu.be/DiYfLsVUBpo Https://youtu.be/JRSgkz-hSJU
noirua
05/1/2019
15:35
kemche - maybe Noirua has finally smelt the (Greenland) coffee ?
seagullsslimjim
05/1/2019
13:54
Deramping now? How curious!
kemche
05/1/2019
13:54
Pretty sure the company apologists also said that there was no doubting the eventual value of the Greenland project, and there was no doubting the eventual value of the Shoats Creek oil project, and there was no doubting the eventual value of the Steelmin venture. Yet Greenland now sold off for £1 Shoats Creek now being written off Steelmin unable to operate at a profit Plus the long list of other projects whose undoubted eventual value disappeared into AB's oubliette of failures. Ivory Coast, Cloud Computing, Candy Sweets . . .
torp
05/1/2019
13:02
15 June 2018: Red Rock also announces, further to its announcement of 26 June 2015, that a revision to its agreement with Kansai Mining Corporation ("Kansai") of 20 June 2015 ("2015 Agreement") was executed on 11 June 2018 ("2018 Agreement"). The effect of the revision is that Kansai exchanges its 25% carried interest in the mineral assets of Mid Migori Mining ("MMM" and "Assets") under the 2015 Agreement for a $50,000 payment, leaving Red Rock with a 100% interest. In the event of a renewal or reissue of licenses covering the Assets the Company will within three months make further payments, subject to such renewal or resissue not being on unduly onerous terms, as follows: (1) $2.5m payable in cash, (2) a $1m promissory note payable 15 months after issue, and (3) GBP500,000 of warrants into Red Rock shares at a price 20% above their average closing price on the three trading days prior to issue. Https://uk.advfn.com/stock-market/london/red-rock-RRR/share-news/Red-Rock-Resources-plc-Progress-Report-African-E/77670887 [ The above appears to be the main reason for concern putting pressure on the share price. 1), 2) and 3) total US$2.5 million in cash £2 million. If the license is renewed then somehow Red Rock need to find £2 million immediately, an £800,000 promissory note repayable in 15 months and £500,000 in RRR shares. ] AB and the board of RRR need to clarify the risk here. There is no doubting the eventual value of the project - it is the big financial fence or fences in the way that could bring the house down on top of the company. --- Red Rock does have about £2,500,000 in the bank so a clarification of risk. However, CLNs need repaying in December 2019. Jupiter dividends will dip if the present Manganese price remains at US$5.50 per dmtu, on the other hand there should be increased royalties from El Limon with the higher gold price and more miners operating on the property. Of course there are concerns in DRC both on drilling costs and outcomes, and elections. Despite the dramatic share fall in both Para Resources and particularly Jupiter Mines they are worth a total of about £2.7 million. Could be sold if finances are squeezed and the pips squeak a bit. --- Hope that's a fair analysis. - updated 15:35
noirua
05/1/2019
12:14
Header being modified again. Many mods throughout header taking place this weekend.
noirua
04/1/2019
22:51
https://twitter.com/AndrewBRRR/status/1081274160175828992 Early results – which the regime is banning the media from reporting – indicate a win for the opposition after government plans to fix the poll went awry Https://www.africa-confidential.com/article/id/12527/Church_claims_sweeping_opposition_win The only reason for long delays is to give time to stuff a few hundred forgotten ballot boxes. Could be wrong but looks to be troublesome times ahead.
noirua
04/1/2019
17:31
Noirua - "The market is awaiting news on a renewal of an electricity contract" Really??! I doubt very much whether the markets are remotely interested imho. Steelmin stated that they can not operate at a profit due to the cost of electricity. Therefore the only profit they are going to make is the discount that the energy suppliers are willing to give them. Realistically how much is that going to be? Just another damp squib imho.
torp
03/1/2019
14:59
Manganese ore prices rangebound on fewer trades; Chinese market bearish on downstream demand 2 January 2019 Https://www.metalbulletin.com/Article/3851887/Manganese-ore-prices-rangebound-on-fewer-trades-Chinese-market-bearish-on-downstream-demand.html China’s manganese market was little moved in the last week of December with many market participants away for the Christmas and New Year holidays.
noirua
03/1/2019
12:05
As the smell of a cup of Colombian wafts over..............
kemche
03/1/2019
10:05
The market is awaiting news on a renewal of an electricity contract, a new partner or a bid for Steelmin. Secondly, a new mining license for Migori combined with a new partner. Then drilling results in DRC. The above are all so important that all other matters are sidelined.
noirua
02/1/2019
16:27
Do I smell a dose of reality? Surely not!
kemche
02/1/2019
16:23
excellent for investors, not for shareholders Through the issuing of CLNs then the whilst the CLN holders benefit, then it is clearly to the detriment of ordinary shareholders as they are classed as a liability. As the 'Admin costs' (cough cough) are still so out of control both here and at RGM and not covered by profits, then whether these can survive as a going concern must be questioned. All the current projects are pretty much dead in the water and any expenditure (through lack of any profit p.a) will be met by dilution. In the past RRR and RGM seemed to attract mug punters for injection in placings, but despite the ramping here it now seems that avenue has dried up for good.
seagullsslimjim
02/1/2019
14:22
The CLN interest rate at 10%pa looks an excellent deal for investors, in CLNs that is. Might have been better in these markets to pay-off the CLNs. High risk in DRC may pay-off and Migori may get its mining license back. Backing costs up are dividends from Jupiter that are set to reduce and some gold royalties. Fine now for a high risk investor but that risk is now even higher.
noirua
01/1/2019
23:18
Manganese Outlook 2019: Price Growth Ahead Https://investingnews.com/daily/resource-investing/battery-metals-investing/manganese-investing/manganese-outlook/
noirua
Chat Pages: 1776  1775  1774  1773  1772  1771  1770  1769  1768  1767  1766  1765  Older
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