Red Rock Resources Share Discussion Threads

[noirua] 30/4/2021 10:07

The shares of RRR are mildly up this morning in anticipation of news as AB is in DRC after his conference call on 28 April. The copper price is at a 5-year peak. The value of Musonoi may now be higher than the market cap of RRR at present.

[onlyroadtoheaven] 30/4/2021 10:05

Ah, positive posts appearing on the message board .... does this mean funds are required?

[kemche] 30/4/2021 10:04

Bell is always eluding - that's the problem.
I have alluded as much.

[noirua] 30/4/2021 09:59

El Limon -
Royalties in El Limon of $2.95 million should start to be paid during 2021 as projected by Soma Gold.
Inc. - - Red Rock holds a 3% royalty over the Colombian production up to USD 2m and a subsequent 0.5% royalty up to $1m -
In October 2020, Soma completed 808 meters of additional exploration drilling, which was split between the Balvina Norte extension and the El Limon – Renacer trend.

[grimreaper2019] 30/4/2021 09:58

Maybe debt collector, finally, at last, maybe something is going on that will deliver some meaningful value for shareholders.

Bell eluded to the same in the last interview.

[kemche] 30/4/2021 09:50

The foreground has always been the problem.

[the_debt_collector] 30/4/2021 09:48

Is this dog about to bark ?

Seems to have a great deal going on in the background especially with POW.

[kemche] 29/4/2021 15:14

And that will avoid a fundraising how exactly?
Just get on with it FFS!

[noirua] 29/4/2021 15:11

MAP of Area:

Red Rock Chairman Andrew Bell commented :

"Jupiter's high payout ratio means that even in a year impacted by the COVID-19 virus a good final dividend was able to be paid, giving for the third year in succession a double-digit yield. This long-life, low-cost, manganese producer is now distributing out to shareholders its iron ore assets in an ASX float, which for us as royalty holders over the main iron ore asset is a doubly encouraging development.

Meanwhile, IPO plans for the assets held in our Victoria gold joint venture, Red Rock Australasia Pty Ltd, can finally move up a gear with the grant of two more tenements with a combined area of 569 sq km, one of which is the geologically interesting Evergreen tenement, which lies in an area attracting increasing exploration spend by companies we see as our market comparators.

The tenement package with which we would now propose to go to the market represents we believe a strong and competitive investment offering."

FURTHER INFORMATION

Joint Venture Company - RRAL

RRAL is a joint venture company 50.1% owned by Red Rock and 49.9% owned by Power Metal Resources plc ("POW"). Paul Johnson, CEO of POW and Andrew Bell are directors of RRAL.

[noirua] 29/4/2021 14:58

Copper Hits Highest Since 2011 as Global Recovery Powers Metals
April 27, 2021

(Bloomberg) — Copper climbed to the highest in almost a decade as the global recovery from the pandemic extended a rally in metals markets.

Aluminum is surging and iron ore jumped to a fresh high as commodities advance toward the highs of the last supercycle. Metals are benefiting as the world’s largest economies announce stimulus programs and climate pledges as they rebuild from the coronavirus shock.

[kemche] 29/4/2021 12:54

Just get on with the fundraise FFS!

[noirua] 29/4/2021 11:29

Upcoming floats and listing on ASX:

[noirua] 29/4/2021 11:12

Jupiter Mines - General Meeting 27 April 2021 and Q&A:

[kemche] 28/4/2021 14:20

Just get on with the fundraise FFS!

[noirua] 28/4/2021 13:48

Companies covered by Doc include #ARB #AVCT #BTC #BLOE #BP #CEY #CGO #CGH #CHF #CMET #ECR #EEE #FFWD #LND #MODE #NAPS #NCYT #NTOG #NUOG #ODX #ORPH #PALM #POW #PPC #RDSB #RKH #UPL #WSBN #WSG
Doc Holiday Podcast:

[noirua] 28/4/2021 13:46

Looks like the chart is pointing to a move back to 40c. Goes XR the Juno Resources shares on Friday 30 April 2021 so a drop of 1.5c expected and Xd the 2c dividend a little further on in May. Juno shares IPO at 25c.

[noirua] 28/4/2021 12:32

The copper price has reached another high, see chart in the header. This augers well for moves being made in DRC by AB - we hope anyway.
Hopes are that a deal will be done in the very short term to advance Musonoi - the high copper price has to be a plus point on this promising copper tenement.
One of the current miners in adjoining tenements can be expected to make a move.

[kemche] 28/4/2021 08:31

"Bell has mislead both shareholders and prospective investors"

Heavens forfend! Never heard such a thing in all my life. Shocking!

[grimreaper2019] 28/4/2021 08:16

Bell has mislead both shareholders and prospective investors when he said on 25th March that 'the news flow will outpace our ability to write it up' after 13 minutes here ....



In this interview he refers to Paul Johnson who does actually provide regular (almost daily) news implying that news from RRR would be both imminent and regular.

Since that rambling and boring interview 1 month later there has been no meaningful news.

[kemche] 27/4/2021 14:15

Just get on with the fundraise FFS!

[noirua] 27/4/2021 14:10

28 April 2021 Live Webinar: 13.00 GMT

[kemche] 27/4/2021 14:10

Just get on with the fundraise FFS!

[noirua] 27/4/2021 13:13

A podcast from Power Metal Resources that talks about RRR's 51% interest in Australia on 13 April:

[torp] 26/4/2021 17:55

SP sub 0.90p again. Doesn't bode well imho.

Just a matter of time before more shares get issued

Nothing will ever change unless the BOD are removed

DYOR