Red Rock Resources Share Discussion Threads

[atino] 05/8/2014 15:19

[I say...] lets...appoint a FEMALE chick next ^__^ (...as our 'next' director:-))) LOL...happy days:-))

[rrrrrrrrr2] 05/8/2014 06:57

Yet you remain invested.

[fangorn2] 04/8/2014 21:43

Yes I'm sure you did

How's the Red Rock story working out for you then?

Because Bam Bam has been on the money, ALL THE WAY DOWN!

As for your optimism - as misplaced as those muppets Atino, Dr Hiroshi and Auntie Ettie.

This company is doomed. Everyone realises it except you.

[rrrrrrrrr2] 04/8/2014 21:01

No I meant transporting. Look it up.

[bam bam rubble] 04/8/2014 18:29

1,500,000 block sell @0.235 at the end of trading suggests a SEDA underway.

Maybe over at Regency Mines too as it is getting the broker note treatment.

[fangorn2] 04/8/2014 18:27

Transporting????

Surely you mean "trainspotting" muppet!

Unlike your good self he's pretty pretty spot on.

[rrrrrrrrr2] 04/8/2014 18:20

Oh I love reading your posts bam bam. Such joy you spread. I hope you are happy when you are away from these sites. Transporting I am sure.

[bam bam rubble] 04/8/2014 12:48

A reminder of the equity authorisation and likelihood of another interim AGM

Dec 2nd 2013: interim AGM to renew the existing authorisation for new shares
to allow the issue of a £500k loan note and the JMS share swap to take place.
Authorisation to be renewed/replaced at the AGM later this month. NB. All of
the note will convert under this authorisation even if it is after that AGM.
[130,357,277 shares were issued in Q1 to convert the note]

Dec 30th 2013: end of year AGM; 2014 share authorisation set at 600,000,000.

-252,854,400 placings including issuance to staff/directors
-115,173,947 YA bond conversion to date
=368,028,347
=232m left

£260k of the YA bond is still to convert and would use up around 130m shares.
Those conversions don't bring in new funds though. The balance of 102m would
raise c.£0.2m at todays share price That won't keep the wolf from the door for long.

[kezman01] 04/8/2014 10:46

Fair do's.

[fangorn2] 04/8/2014 10:36

Indeed.

That is why I flagged Beaufort were Corporate broker at the bottom :)

[kezman01] 04/8/2014 09:52

That is as impartial as the views of the locked-in punters on LSE.

[fangorn2] 04/8/2014 08:33

Beaufort comment...

"Red Rock Resources informed that its associate company Resource Star Limited (RSL) has secured exclusive option to acquire complete stake of the issued capital of Cloud Lands Digital Fortress Pty Ltd. Cloud Lands, an Australian cloud computing service and infrastructure provider, aims to provide highly secure cloud services to the Tier 2 enterprise and SME market. Cloud Lands has already signed Memorandum of Understanding (MoU) with a few IT services and networking providers to offer a wide range of services. Red Rock holds 20.9% stake in RSL, along with 5.21 million options exercisable at US$0.004.
Our view: RSL's investment in Cloud Lands is a positive move for Red Rock and would help in the diversification of its business portfolio. Cloud Lands' offerings would cater to the increasing demand for cloud services by Tier 2 enterprise and SME customers. High growth prospects of infrastructure-as-a-service (IaaS) and platform-as-a-service (PaaS), combined with Cloud Lands' technical expertise in the same, bodes well for RSL and in turn, for Red Rock. Additionally, for Red Rock, developments at Jupiter Mines have been encouraging; with producing manganese mine at Tshipi nearing its optimal 2.4 million tonnes of production ahead of schedule. In wake of all these positives, we retain our Speculative Buy rating for the stock."

NB - Beaufort Securities Limited acts as corporate broker to Red Rock Resources plc.

[jimbo55] 03/8/2014 12:22

Unbelievable.

Moving into frothy tech just as the markets are starting to get QE-withdrawl hiccups...

You couldn't make it up...

[usuf05] 02/8/2014 21:08

When are we likely to see this share hit 0.5p? at the minute its hovering amount 0.26p?

[atino] 02/8/2014 20:00

"Andrew Bell of Red Rock Resources - is he delivering: watch the video and decide"

[bam bam rubble] 02/8/2014 13:01

At the placing price RRRs holding is worth £0.1m (rounded to the nearest 0.1m)

Chairman Andrew Bell said;
"The investment gives exposure to a different more popular part of the market.
We hope for great things at RSL and eventually the realisation of our holding"

Through the filter:
Technology is now an easier lay for a placing as exploration bores the market.
The greater liquidity will allow us to dump our now sub-critical-mass holding.

[kezman01] 01/8/2014 17:27

From Hot Copper


"There is nothing that I can find on CloudLands? Domain names are not registered??

Sounds great but so did all the other projects we have had that failed under AB...about one a year!

Best news is AB is going...gives me more confidence that finally we will have professionals at the helm with a fresh focused vision."

[rrrrrrrrr2] 01/8/2014 17:05

Or we could have someone like you in charge. Who would moan the world is against them and jack it all in.