Red Rock Resources Share Discussion Threads

[replicas1967] 04/4/2020 18:10

Thanks Dulux ☝️

[noirua] 04/4/2020 17:57

3-Day-Gold-Chart:
...

[noirua] 04/4/2020 17:54

Apologies concerning the cannot fail diet which I forgot about. Guaranteed to lose weight with zero effort. A cake walk in fact. Tune back in later guys.

[kemche] 04/4/2020 16:46

replicas, It could possibly, conceivably, just may be that he does not have the answers to the myriad questions posed and would rather just make stuff up. But that is only a guess.

[replicas1967] 04/4/2020 16:12

NB: Trolls and repetitive detractors are filtered by Noirua.

Is this why Noirua doesn’t reply ?

[torp] 04/4/2020 16:06

Here are the facts again.

Red Rock Resources

2012 - Loss of £1,962,882 --- Cash raised £4,441,844 - Admin £2,275,786
2013 - Loss of £22,105,562 -- Cash raised £4,103,795 - Admin £4,751,948
2014 - Loss of £4,113,460 --- Cash raised £2,723,861 - Admin £1,563,808
2015 - Loss of £8,411,541 --- Cash raised £2,327,377 - Admin £1,334,404
2016 - Loss of £283,280 ----- Cash raised £1,155,323 - Admin £758,351
2017 - Loss of £1,114,213 --- Cash raised £300,000 --- Admin £644,688
2018 - Profit £78,120 ------- Cash raised £421,668 --- Admin £849,518
2019 - Loss of £1,723,881 --- Cash raised £853,089 --- Admin £591,777

Total Losses above - £39,792,939

Total Cash Raised - £16,326,957

Total Admin - £12,770,280

The staggering amounts expended via salaries, admin and other expenses are imho preposterous.

Uninvestable simple as imho

DYOR

[torp] 04/4/2020 16:05

The shameless ramper, even in the face of 1000s of worldwide deaths from Coronavirus
still thinks it is appropriate to try and dupe mug punters into this disastrous
share, to try and extract their hard-earned. What a despicable character.

I'm sure almost no-one falls for the pathetic "jam tomorrow" nonsense he constantly
spews out nor the frequent misleading and totally incomplete "factoids" he is
so keen to post in his laughable header info.

All people need to do is look at the Annual Reports to see the repeated losses,
the staggering amounts raised via dilutive placings and the extraordinary and
utterly preposterous amounts expended salaries, admin and other expenses.

DYOR

[kemche] 04/4/2020 15:51

Noirua, Can you please change the header so that it only shows the last 60 minutes of trading please? I think that will give a fuller picture of the actual state of affairs here.
TIA.

[replicas1967] 04/4/2020 15:09

Noirua4 Apr '20 - 02:22 - 9958 of 9958
0 0 0
A move by Jupiter Mines Limited of one kind or the other is imminent.


Says whom ???

[noirua] 04/4/2020 14:05

Overview of Central Yilgarn Iron Projects (CYIP)

RRR hold iron ore royalties on all future commercial production from Mount Ida.

[kemche] 04/4/2020 13:21

"I can not be at all certain where investors will take shares in RRR".
You are alone in that. Everyone else is 100% certain. And that is never.

[noirua] 04/4/2020 12:33

I can not be at all certain where investors will take shares in RRR or, for sake of certainty, as to whether Kenyan's are very gradually building holdings in anticipation of a mining license being awarded. My personal valuation to Red Rock on an award of a license, not on onerous terms, is up to US$28 million at US$1,350 per oz Au. You may have your own valuation on a mining license being awarded which you should go by if buying shares in the company

---

In half yearly results to 31 December 2019, released to the market on 31 March 2020. Red Rock reported a diluted profit per share of 0.047p, compared to a 0.053p loss over the same period in 2018.

The gold, manganese and battery metals developer also shaved its losses from £2.085 million the previous year to £227,000, reporting a profit before tax from operations of £337,000, compared to a loss of £283,000 from the same period last year.

But extensive central bank actions to flood the market with liquidity has the potential to create several benefits, Bell said. One of these already evident is in the growing demand for gold. “From this point forward the company sees upside potential rather than a potential for more downside surprises,” he added.

[noirua] 04/4/2020 12:18

The header is being transposed to expected news from the company...from fear to new circumstances.

[kemche] 04/4/2020 12:13

Replicas, Don't expect an answer soon - the charlatan has been making up stuff for years and no one listens any more. Just look at the chart. Sad really.

[replicas1967] 04/4/2020 12:03

Noirua4 Apr '20 - 02:22 - 9958 of 9958
0 0 0
A move by Jupiter Mines Limited of one kind or the other is imminent.


Says whom ???

[torp] 04/4/2020 12:00

Posted by one of the larger holders called Helpful on LSE:



17 Aug 2019

"If it has not been taken private there is a reason, as will become clear shortly.
We may still take it private. One other large shareholder wanted us to liquidate
the company last September and we said no."


With that kind of threat already hanging over proceedings and with the current
dire climate and the lack of company funds (cash in bank stated as £139k in the
Half Year Report) I'd consider myself extremely foolish to put my hard earned
in here.

Who would want their cash totally locked in here if it gets taken private.
I doubt you'd ever see your cash again.

DYOR

[noirua] 04/4/2020 11:49

Tiziana Life Sciences plc To Expedite Development of its Fully Human Anti-Interleukin-6-Receptor Monoclonal Antibody, a Potential Treatment of Certain Patients Infected with Coronavirus COVID-19

[replicas1967] 04/4/2020 11:48

Noirua4 Apr '20 - 02:22 - 9958 of 9958
0 0 0
A move by Jupiter Mines Limited of one kind or the other is imminent.


Says whom ???

[noirua] 04/4/2020 11:44

Jupiter will release its preliminary final results by 30 April 2020, at which time any final FY2020 dividend will also be declared.

[torp] 04/4/2020 11:38

The guy is utterly shameless, best ignored

[replicas1967] 04/4/2020 10:36

Also Noirua
Why on earth would JMS wish to bail out RRR ?

[replicas1967] 04/4/2020 09:57

Noirua4 Apr '20 - 02:22 - 9958 of 9958
0 0 0
A move by Jupiter Mines Limited of one kind or the other is imminent.


Says whom ???

[noirua] 04/4/2020 09:52

I'm still unsure why the world is not using a spray produced by Tiziana Life Sciences that can act against the lung disease caused by Covid 19?

[replicas1967] 04/4/2020 07:58

Noirua4 Apr '20 - 02:22 - 9958 of 9958
0 0 0
A move by Jupiter Mines Limited of one kind or the other is imminent.


Says whom ???