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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Red Rock Resources Plc | RRR | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.0025 | 7.14% | 0.0375 | 08:06:04 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.035 | 0.035 | 0.0375 | 0.0375 | 0.035 |
| Industry Sector |
|---|
| MINING |
| Top Posts |
|---|
Posted at 03/11/2024 17:44 by kemche 19 months just fly by so quickly!MiningLamp - 28 Mar 2023 - 06:56:18 - 13789 of 19101 RED ROCK RESOURCES PLC - Information Thread - RRR It looks like potentially significant revenues are not far away, according to the local geologist/manager revenues could be $1.5m a month with costs of circa $300k. Red Rock owns just over 50% so the free cash would be IRO $600k a month to RRR, has the potential to bring in £5.7m per annum to RRR at current FX rates - not bad for a £3m company. MiningLamp - 18 Mar 2023 - 12:22:11 - 13760 of 19101 RED ROCK RESOURCES PLC - Information Thread - RRR Mr Bell has been under the radar on his travels over recent times, no longer images on Twitter or 'hints' of outcomes like before. The issue for outsiders looking in is if the right news comes, $7m+ cash from the Congo, no-one will have any chance of getting in around current levels, there may even be a near term RNS concerning a successful arbitration outcome and then another for cash receipt. So you have to be in it now to win, risky yes but the whole sector has been risky for 24 months. MiningLamp - 09 Mar 2023 - 16:13:43 - 13679 of 19101 RED ROCK RESOURCES PLC - Information Thread - RRR Interview just released, all to play for according to Mr Bell, he believes the Congo court case has reached the end game, they have seen the arbitration ruling (in RRR favour) but simply needs signing. It seems the listing of Elephant Oil is on again, it appears the warrant element has been dropped, this apparently will lead to a far better after market in the shares. |
Posted at 24/10/2024 12:54 by 1waving Been looking at a few posts on LSE this morning.Found this one of interest Helpful Posts: 14,088 Price: 0.0375 Overview Today 11:39 So, I hadn't seen the Twitter posts late last night, footie is more important. Now I have... 1. AB obviously anticipated that the Arbitration was going to be done late last week/over the weekend. 2. The intervention of the dodgy solicitor delayed things but changed nothing. 3. The "blaming it on Australians", was 1620 Capital: John Boardman and Jason Brewer. 4. The invitation was to the Private Office of the Head of State. So it seems we are involved with a pet project of the President. 5. In one of his broadcasts, he mentions being a British company, not Chinese, Australian or Canadian. He was quite obviously suggesting that RRR has got itself in a niche where it is trusted in DRC. 6. Why would the Private Office want to deal with RRR or similar and why would it want to do a deal about revenue from the deal being allocated to a pet project? 7. The main thing is corruption. If RRR were to do a deal via the normal mechanisms, a parastatal like Gecamines would take a stake and royalties would be paid. The revenues would disappear into the general maw of expenditure and might make it nowhere near said "pet project". 8. He said an asset(s) similar in size and quality to Musonoi. 9. When we got Musonoi he said, 400,000 tonnes of copper and 24,000 tonnes of cobalt. Glencore paid $420mil for it via a backdoor deal. Musonoi grade was around 3%. 10. If the Private Office has a pet project then you would expect it to be substantial and so the amounts diverted to it would be substantial. Consequently, the Private Office needs a counter party that can deliver and is untainted by corruption and poor practice. 11. He says "immediate revenue": well that can only be either tailings or material previously mined and sat at surface. Immediate probably indicates the latter. Therefore the asset(s) are already known. 12. From the broadcast, it seems that they are close to Lubumbashi. 13. I expect we will get an update on BF and CDI shortly. 14. And no trolls, I didn't take the placing. DYOR -------------------- and another post to follow. Helpful Posts: 14,088 Price: 0.0375 RE: Overview Today 12:56 Kam, all very interesting but irrelevant to what is at hand and the overview I posted. 1. There is no doubt that Musonoi and the two other licences were JV property. 2. There is no doubt that the JV property was sold via Gecamines to Glencore. 3. How do we know this? 4. VUP issued proceedings against Gecamines and Glencore jointly for the non-payment of $15m ($5m having already being paid). 5. RRR intervened in the case and established to the satisfaction of the Commercial Court in Lubumbashi that the assets were JV assets and sold without RRR's knowledge or agreement. 6. The Court awarded RRR damages and costs against VUP. All of the above is fact. No Walter Mitty stuff or made up stuff. Following on from that,RRR is due 50.1% of the $20mil and in reality should have had 50.1% of the $420mil. What is at hand is the conclusion of what happens to the $15mil. Only three possible outcomes: All the money goes to VUP, all the money goes to RRR or the money is split between the two parties. DYOR --------------- Helps to outline the current situation and the major potential. By major potential, I mean something massive ! Subject to arbitration cash arriving and the nature of the new DRC project. . |
Posted at 23/8/2024 11:41 by noirua AB has gone from imminent to non-committal - a wise move.Additional HoT terms The Heads of Terms HoT contains additional terms including, inter alia: - POW will retain its existing Gross Production Royalty ("GPR") of 0.75% over the footprint covered by RRAL exploration interests. - RRR will ensure key licence retention and specifically those licences containing the Ajax and Berringa mines. - POW will retain the right to purchase any individual exploration licences that are to be surrendered by RRAL or where expenditure commitments will not be satisfied and a reduced expenditure has not been agreed, for consideration of A$1 per licence. - From the date of the Agreement until Completion or the Long Stop Date, whichever shall be sooner, POW and RRR commit to contribute A$20,000 per month towards the costs of RRAL, with any further costs to that date being met by RRR. - RRR has committed that no significant exploration interests of, or controlling interest in, NBGC/RRAL may be transferred out, or disposed of, or agreed to be so transferred or disposed by NBGC/RRAL, to another party without an opportunity being given to POW to match the terms offered by such other party; and - Should RRR dispose in whole or part of any of the Interests within 12 months of the HoT, 15% of disposal proceeds after agreed costs will be payable to POW, or 5% in months 13-24 (the "Disposal Premium"). (Note: any amount payable under the Disposal Premium is capped such that the total aggregate Consideration for the Transaction shall not exceed 74.9% of Power Metal's market capitalisation as of the date of the Agreement, using the mid-market closing price of Power Metal ordinary shares on the trading day immediately before the date of the HoT). - POW retains certain buyback rights in respect of its 49.9% holding in the event of a payment default by RRR exceeding 60 days from the due date, save as caused by force majeure. - POW holds a separate convertible loan note which together with interest and charges amounts to £94,400 of which £50,000 is payable in cash upon Completion and the remaining £44,400 is payable in cash two months after Completion, as part of the HoT. |
Posted at 18/8/2024 20:29 by jlondon Dont think so, Sir. Sun, 18 Aug 2024 [My reply to post 18602 & 18603, Sun 18 Aug 2024 @21:10 & 21:13, ADVFN Stock Forum].The post #18603 about BF [RRR Burkina Faso] was from the other RRR forum to which a reply was posted here but not by me. [On London South East RRR forum post by someone else at 20:21/ADVFN RRR forum reply 21:13 by Kemche, Better for Kemche to reply on the right forum at London South East instead of cross posting ].? Yes, Sir, you were replying to someone else on the other RRR forum and not to me. The posts on this ADVFN forum is replying to another forum by Kemche as said and not in reply to me at all. -------Nothing to do with me.---------Not applicable to me.------ Highley1: Your friend an Analyst per your post today - hope he posts on this forum as 36p & 87p is forecasted by K. above on this forum vs First Equity share price target of 2.8p, the licenced broker report of 19.1.23. If at 87p for RRR share price target by K...., then mkt cap would be £4billion, as big as the mega Fresnillo Plc, a FT100 co with mkt cap of £4billion.!? Current share price of Red Rock Resources: 0.05p, Mkt Cap £2.43Million. I think I would be following the licenced broker, thank you as they detail the assets & max is 2.8p. Licenced share price target valid for 1 yr so will re-visit this forum in the years to come to see if the RRR share price can ever reach 87p per Kemche , ADVFN RRR poster per the posts above today.? Latest post updated #18605 at 21:58, Sun, 18 Aug 2024, is now £1.36 share price target by Kemche -Oh billions in mkt cap? Cheerio. |
Posted at 18/8/2024 19:57 by jlondon Post 18600, 19:57, Sun, 18 Aug 2024: You, Sir provided your own RRR share target price of 36p vs the latest broker report from First Equity of 2.8p dated 19 Jan 2023.Per Align Initiation Broker Report, it stated RRR went from 1p to 20p pre-fixed "success." History is it not & share chart will also confirm that. 36p, Sir??? No broker in the UK or any where else has that share price target? So, which is real? Well, I think any reader will think 2.8p by a licenced broker report as above is better than 36p forecasted by you, Sir which appears closer to "reality" of the assets of this co [see the report via the link from RRR themselves]. Oh, now it is Miss but Mr previously? Puzzling. J.London, Sun, 18 Aug 2024 9pm. [Ref: "My price target is 36p.." dated 4 Aug 2024 , Post 66/66, Advfn Red Rock Resources [RRR] @19:13 by Kemche]. Today RRR share price is 0.052p average with a market capitalisation of £2.39m [Source: Google Finance]. Now, in your latest post you say 87p is your share price target for RRR? [Sun, ADVFN RRR, 18.8.24 , Post 8603 at 21:13] If RRR is 36p per your own share price target, the market capitalisation will be £1.7 Billion!!! At 87p, that will be a market capitalisation of £4.1billion!!! Why, RRR could join the FT 100 as Fresnillo 's mkt cap is £4billion. I prefer to stick to licenced broker reports, thank you. |
Posted at 18/8/2024 14:48 by jlondon [13:49, #18593, Sun, 18 Aug 2024] Sir, you call an official Initiation broker report provided by Red Rock Resources[RRR] themselves at their website via link at hxxps://rrrplc.com/iI say, Sir. What about the bevy of the other broker reports that RRR provided at their website for shareholders like Edison Research [Dr Ryan Long fame] also licenced by the FCA , Clear Capital Brokers [another licenced firm] and currently broker to RRR? Other broker reports are First Equity, SVS Securities etc? Isnt Edison also rated? So, what investment firm would you rate, Sir given RRR is a £2.09m mkt cap Junior Explorer firm on AIM, London Stock Exchange? You would be aware that broker reports cost a lot of money - some stated to be up to £200,000 for each broker report if I recall correctly from Crux [average would be £30k-£40k]. Sun, 18 Aug 2024. Rather puzzling and wondering? |
Posted at 18/8/2024 10:06 by jlondon --------------Sun, 18 Aug 2024 18589 & 18590 at 08:35 & 09:20----------Kindly provide a link then for what you say of supply side broker on RRR and target price if any. Per FT [subscription only] -- although Investor's Chronicle provides free data [same owner FT/data the same] states 6p with 1 Analyst covering it over a 12 mth forecast. [Current price: 0.05p] hxxps://markets.inve Isnt this above 1 Analyst target price still current, listed on all Professional Bloomberg Terminals only available to investment professionals & analyst firms working in the City of London or Square Mile? Kindly provide a listing of 400 fundraisings over a 20 yr period you stated vs a chart of 200 AIM Junior Explorers over a similar & exact 20 yr period to show if this co named is an anomaly? Otherwise, it is called stats in isolation and skewed? This is the statistical method to prove the point & seen in all professional City professionals charts. Its called bench-marking. [[No one can possibly have a 20 yr record of this co as it is just not available to any Joe Public investor nor is it on the RRR website. However, if correct ie 400 raisings, then can it be, Sir, it is from the Sq Mile/City of London work computer @Bloomberg professional terminal [computer that all investment firms have]? Wondering.]] Could you also overlay the above to the share price performance because 1 metric can never be shown in isolation. I have today seen a chart and it overlays at least 3 more trends & stats for comparison. All industry standard. Sir, you mentioned Sell Side Broker - are you one & Extel Survey ranked per your mention of Extel ranking of Investment Licenced Analysts? Sir, you mentioned Ratalin? Are you a qualified & experienced NHS Dr or Specialist Consultant in public or private practice [Harley St, London] & o a writer/contributor of this specialism in the Medical Journal/s of the Professional Medical Body or Lancet ? Or a medical Consultant renowned in this field for diagnosis/prognosis/ Sir, you are terse in your posting but it does not elucidate nor have links/source/citatio Align Research [licenced] Initiation Report stated that this co went from 1p to 20p from recall but kindly check as read it some time back. So, despite the raising/s, it was a 20x multiple at the very least.? Any other stock Sir can think of that had such a spectacular rise in its history & is this typical? Align is quoted as they are the only ones that have recorded the RRR 1p to some 20p"] to have it in print that raises were done but the share price rose 1p to 20p for a historical perspective of the share price rising. Kindly come over to the other forum where this was postulated since everyone can read your reply. Thank you. End of conversation of 1 post & in reply to the hundreds of posts over months etc. Sun, 18 Aug 2024. Discussing as its puzzling about the above, Sir raised? So, Sir, you dont accept all the broker reports of RRR which is cited on their website eg Edison, SVS Securities, Clear Capital [broker to RRR] & First Equity, Align etc, who do you rate and can you provide a broker report that is publicly available or name one from your Bloomberg Professional Terminal [ used by the investment professionals via City of London computer}? What!! Edison [of Dr Ryan in the past] not rated? I say? |
Posted at 21/7/2024 19:46 by jlondon -FROM RED ROCK RESOURCES OFFICIAL TWITTER--hxxps://x.com/StockB Andrew Bell, Chairman of Red Rock Resources interview with Stockbox on New Ballarat Gold, DRC & Burkina Faso. Quote from Chairman Bell interview above: "In Burkina Faso, the co is organising the arrival of concentrators & equipment to COMMENCE OPERATIONS." In the interview, Mr Bell said he was flying out to Burkina Faso on last Tues and will be there for weeks. Kindly check. So, Noirua #18383, Sunday, 21.7.24 is citing a 2001 link? NOIRUA #18382: "The original information to WITHDRAW MINING LICENCES WAS MADE BACK IN NOV 2023" [link Noirua gave states: "Burkina withdraws TURKISH MINING FIRMS LICENCES." Question : What has a TURKISH MINING FIRM'S LICENCES WITHDRAWAL BY BURKINA FASO TO DO WITH RED ROCK RESOURCES, LONDON ? Is Noirua saying that Red Rock Resources Chairman Bell interview of 11 July 2024 and all RRR RNS's about Burkina Faso gold operation to commence is NOT CORRECT? Asking. It is too tedious now and I wait for RRR to OFFICIALLY reply to all these posts by Noirua of today, Sun, 21.7.24 and let RRR deal with it?? RRR is on the ground in Burkina Faso & Chairman Bell, RRR will have to deal with all the posts [2] today. I am not in Burkina Faso on a Sun to check on the ground via official sources at RRR Burkina Faso. I am sitting in Britain. ----Another poster on the other RRR forum also has said, HE WILL BE LOOKING TO RRR TO DEAL WITH THIS para phrased of the above raised today on this forum at ADVFN RRR, Sun, 21.7.24------ Other co's have also had something like this and the co has put out a CLARIFICATION type RNS.? |
Posted at 16/7/2024 13:42 by kemche Plus ça change, plus c'est la même chosejlondon - 09 May 2022 - 22:16:16 - 12342 of 18324 RED ROCK RESOURCES PLC - Information Thread - RRR RED ROCK ADMISSION DOCUMENT: 2005 The Chairman was Andrew Bell and Kenneth Frank Watson, MD. Frank Watson was stated to be a mining entreprenuer and prospector. The assets for the listing: MT IDA -Magnetite iron ore. MT MASON - Hematite iron ore. 2 more other Mt - all in the Pilbara, Western Australia. --- Sharecast: "RRR: Shortly after listing in 2005, we sold iron ore assets to Jupiter in exchange for cash, shares and royalty." "AUSTRALIAN ORE-LIGARCHS" Only Russia has more commodity billionaires. The richest persons in Oz are: No 1:Gina Rinehart -$30bn from Roy Hill iron ore, Pilbara, W.A., Oz [2.4bn tonnes] No 2: Andrew Forrest -$28bn from Fortescue -iron ore, Pilbara, W.A, Oz Clive Palmer: $18bn . Sold his iron ore deposit to Sino iron ore [Chinese]. Sino has just turned a profit of $1.3bn from their MAGNETITE iron mine. Sino iron ore magnetite deposit is 4bn tonnes. There is another iron ore billionaire but I have not finished checking this out yet. -------------------A Hematite iron ore- this is DSO [direct shipping ore] Magnetite -needs benefication and Sino has managed to turn a profit of $1.3bn in recent days announcement from magnetite. Magnetite is also greener and Gina has bought into Mt Bevan, NEXT DOOR to Mt Mason, Juno. The deposit at Mt Bevan consists of 2 -one is magnetite of 1.1bn tonnes. --- RRR SOLD ROYALTY TO ANGLO-PACIFIC RE: MT IDA At the time, Mt Ida had 550Mt tonnes. ----------TODAY, MT IDA IS 1.85BN TONNES.----[Source: Juno, Mar 2022 interims] Mt Ida is potentially Tier 1 and set to complete the Feasibility Study. Bell said in his interview recently with Stockbox Media that the exploration target is 2-3bn tonnes for Mt Ida. -----------MAGNETITE IRON ORE HAS NOW "RENEWED INTEREST." {MD, Juno,Mar 2022 Interims]------ ====BELL, WATSON COULD HAVE BEEN AMONG THE AUSTRALIAN BILLIONAIRES======== with Mt Isa, Mt Mason. If they had gone on to develop the RRR LISTING ASSETS of Mt Isa, Mt Mason and two other Mt, they would have been among the group of Gina, Forrest, Palmer. As they develop and get income, they could expand like the ORE-LIGARCHS. RRR SHAREHOLDERS COULD HAVE BEEN RICH BEYOND ...? ------------ANDREW FORRREST MADE ME A BILLIONAIRE--------- One chap per a Forbes article bought shares in Forrest Annaconda at 1-3 cents which went on to $9+. Fortescue is currently around the $20 range. Annaconda failed as metallurgical couldnt be solved. I recall that Forrest used Annaconda and used it as a shell and renamed it Fortescue. LoL, a penny stock. Fortescue is today a $63bn co [mkt cap]. -------------Stunnin Mt Ida is now in Juno and will it be developed as the M.D said or sold? To become a big player, one has to derive huge revenues/profit from the op and later expand with more projects etc. [Normal trajectory] J.London, Mon, 9 May 2022. |
Posted at 06/7/2024 10:17 by kemche ------------JUNO ON ASX RE: MT IDA, RNS/ANN 28 Apr 2022-------------Last night I checked the major shareholders of Juno. I found that 2 individuals own some 10% region [+] of Juno each. Down the line was also a fund and the names also appear to concur with the 2 individuals? What led me to look at who were the major shareholders was that some 60%+ of Juno shares are NOT in public hands which is quite high. The mkt cap of Juno hovers around A$15-17 million and one can see how UNDER-VALUED the stock is in relation to the 2 assets ie Mt Ida and Mt Mason, the latter ready for an Final Investment decision and Mt Ida with 70% of the DFS ready already BUT AT A COST OF $50M. The mkt cap itself is nearly 1/2 that of the MT IDA DFS which is only 70% completed. This appears rather strange and hence the under-valuation perception in that the Mt IDA DFS cost alone is MORE THAN JUNO's mkt cap as said above. If one goes to Hotcopper Juno, NO ONE IS POSTING NEWS OR ANYTHING TO DO WITH THE CO so KNOWLEDGE IS POWER as they say. That is why I am researching for myself every asset/s RRR owns or JV etc in order to form a clearer picture for each one to DECIDE for themselves. NOIRUA I can see his post of today, 13.5.22 when I check in and he/she is saying RRR only has 2 lots of shares RRR can sell ie £430,000 [kindly check as this is only from recall]. These shares relate to POW AND JUNO. I have not check these figures and the date of mark-to-market. Noirua does NOT post that the "MONEY BACK FROM CONGO" [verbatim from Andrew Bell, Chairman of RRR said via an interview with Proactive [irons in the fire] after RRR's Interim results RNS, also of 29 Apr 2022 relating to $5m + $15m [50.1% to RRR] of which Mr Bell will go to Congo to resolve? The RRR Interim RNS, 29.4.22 updates on Congo. Hence, it is important to post ALL THE FACTS rather than SOME OF THE FACTS? When I researched RRR, it took me back to 1 page from ADVFN RRR of 2019 and I see Noirua is talking of RRR in more glowing terms or that is my perception so much so another pillar [name I wont mention] calls him/her a roomper. I see this pillar can in fact ARTICULATE in proper speak then rather than the new style? Noirua now says that he/she looks to another co for COMPETENCY ETC. I wont name the co but one can look at his/her post. I hate to remind Noirua that as YET NO MAJOR DISCOVERY HAS BEEN FOUND and hence, they are still early exploration assets of which there is no JORC. Always look at a co's BALANCE SHEET to see ASSETS $$$ rather than just competency etc? One as norm needs HARD ASSETS and preferably with JORC. RRR's Mousoni, Kenya Gold at Migori and Mt Ida [see Zak Mir's interview in my post above] are more mature assets- so much so, Mousoni was said to have been flipped per Mr Bell's said interview of 29.4.22. Let the OFFICIAL RECORDS ALSO RECORD THAT 2MEX AND MYSELF showed links to Mr Bell's US$250m "fit for" mention relating to LITIGATION OUTSIDE CONGO for Musoni. 2Mex took the RRR INTERIM RESULTS OF 29.4.22 AND POSTED THE PRINT OUT RELATING TO CONGO AND ALSO THE VERBATIM TRANSLATED RELATING TO CONGO AND THE $250M which was from Mr Bell himself. Noirua posted on ADVFN warning newbies to call the RRR relating to the $250m saying it is "lies" etc and the sentence looks like the FSA warning about "misleading" info. It is recorded that AFTER BEING SHOWN THE EVIDENCE from RRR's RNS OF INTERIM RESULTS DATED 29 APR 2022 AND MR BELL'S FOLLOW UP INTERVIEW, Noirua has not apologised? I think both 2Mex and myself recognised [or myself at least] that such assertions from Noirua had to be answered in full in PREP OF GOING TO THE FSA given the wording of Noirua. -I would think Noirua should READ RRR RNS' S AND LISTEN TO THE INTERVIEWS FROM MR BELL, CHAIRMAN OF RRR BEFORE MAKING ASSERTIONS prior to making assertions?.- The share price is NOT GOING ANYWAY and in a rule of law, it is always advisable everyone has INFORMATION rather than being in the dark. INFO IS LEFT TO EVERYONE TO DECIDE FOR THEMSELVES. I also read that the BIG SHAREHOLDERS DONT WANT A PLACING and from what I can see, I have checked quickly but have not gone into detail of the last placing but I saw one done last year in Feb 2021. I have to CHECK if there were any more after that. I cannot provide warranty as to how the funding is going forward and given there are hardly any TRADES in RRR shares today, then it would suggest to me that no one is interested in RRR or they are waiting to see. like other stocks, how RRR is going forward. DYOR. Do due diligence and check. J.London, Fri, 13 May 2022. Posting for completeness. Not editing. Caveat: As it appears. I have not gone thro everything given I am not a legacy shareholder of RRR. |
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