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RRR Red Rock Resources Plc

0.0375
0.00 (0.00%)
10 Feb 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Red Rock Resources Plc LSE:RRR London Ordinary Share GB00BYWKBV38 ORD 0.01P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.0375 28,544,471 08:00:00
Bid Price Offer Price High Price Low Price Open Price
0.035 0.04 0.0375 0.0375 0.0375
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Iron Ores -2.85M -0.0005 -0.80 2.13M
Last Trade Time Trade Type Trade Size Trade Price Currency
15:40:58 O 18,648 0.0351 GBX

Red Rock Resources (RRR) Latest News

Red Rock Resources (RRR) Discussions and Chat

Red Rock Resources Forums and Chat

Date Time Title Posts
10/2/202519:10RED ROCK RESOURCES PLC - Information Thread19,988
04/8/202418:13Red Rock May 202266
16/6/202408:49MIGORI GOLD PROJECT in KENYA17
11/12/202313:51MUSONOI AREA 1 PE4962 - KAMUKONGO PE663 - KASOMBO SOUTH PE2360 - in Democratic R8
18/1/202117:31Red Rock Resources 201121,885

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Red Rock Resources (RRR) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2025-02-10 15:40:590.0418,6486.55O
2025-02-10 15:11:290.045,467,2402,001.01O
2025-02-10 14:24:340.041,347,853496.01O
2025-02-10 14:13:000.041,252,311438.31O
2025-02-10 14:00:080.04240,00096.00UT

Red Rock Resources (RRR) Top Chat Posts

Top Posts
Posted at 10/2/2025 08:20 by Red Rock Resources Daily Update
Red Rock Resources Plc is listed in the Iron Ores sector of the London Stock Exchange with ticker RRR. The last closing price for Red Rock Resources was 0.04p.
Red Rock Resources currently has 5,684,368,839 shares in issue. The market capitalisation of Red Rock Resources is £2,273,748.
Red Rock Resources has a price to earnings ratio (PE ratio) of -0.80.
This morning RRR shares opened at 0.04p
Posted at 28/1/2025 12:31 by 1waving
.
The Estate of William Black had whittled down the RRR shares held on 22 January to around 390,000,000.
It will be a bit of a drag on the share price until completely sold.

Good news could soon be mopping up those shares very quickly.
The sooner the better.

.
Posted at 26/1/2025 23:46 by kemche
Market makers knows something. As we can see continuous sell last couple of days not bringing the share price down, which clearly shows market makers has some inside information. Look I am not expert! I really don’t want any one to take my opinion seriously, from my little experience what I can see, news are imminent. DYOR

Incase Anyone missed it from the RNS. Bell's coment. "The parties are all looking to finalise this matter. Yesterday's working meetings achieved more progress than the last 29 months, and we are relieved to now be in a process designed to expedite settlement".

Sounds like none of you have listened to his podcast . he says nothing about coming back without having sorted out the payments.


These are not my words but the words of market professionals. Read it and weep.
Posted at 16/1/2025 13:05 by noirua
It now appears certain that Red Rock's once Musonoi Area 1 could have brought the company
in the region of $200 million.
It is difficult to beat a State-owned company that comes close to stealing your asset as they
know $100 million here or there means nothing to them.
So despite poor outcomes between 2012 and 2024 RRR should be valued very many times higher.

I would expect the Red Rock share price to reach 0.12p before January 23/24.

Red Rock should obtain a short-term $12.05 million. Plus other reparations.
Posted at 16/1/2025 09:48 by affemoose
I wish every long-suffering holder of RRR the very best of luck, and I am genuine about that.

You can however look at the Share price and see exactly what the market thinks about the odds of a game changing amount of money arriving. Nobody but a few believe Mr Bell. For a good reason. The daft numbers being floated around here should re-rate this share up many fold. But those numbers are just that - Daft.

Lets be honest - even a $5million award that is actually paid is is worth a multiple of this company. Take out loan repayments, cash for operations etc etc and you probably have a 100% uplift in share price

IF it happens
IF it doesnt get spent on some other daft project

BUT.... How many times have the long-term watchers of the Red Rock had hope that is only dashed on the Rocks themselves?

Be careful - there is no promise of anything in the RNS. It is merely a meeting. It could be amazingly positive but it could end up as nothing.

SO, I have popcorn at the ready, my fingers are crossed for you all. But I cannot buy - repeating the same action and expecting different results is not something that this Moose can stomach.

Be a good time for a placement though wouldn't it..

GLA
Posted at 13/1/2025 16:23 by kemche
mrmark1 - 21 Feb 2022 - 12:20:36 - 11925 of 19594 RED ROCK RESOURCES PLC - Information Thread - RRR

Surly they need to release the Australian gold assays before going for an IPO.

Investors in the new vehicle need to see those assays to build a picture and know what they are investing in. Watching AB’s video interview there are two/three separate announcements for Australia coming soon

Must be a catalyst for the Red Rock share price to rise before any new IPO.

RNS from Kenya gold this week? Zimbabwe Lithium? Australian gold assays next week? Could be a good time to buy RRR with limited stock available at 0.6/0.7 level
Posted at 13/1/2025 16:22 by kemche
mrmark1 - 25 Oct 2022 - 06:24:48 - 13114 of 19593 RED ROCK RESOURCES PLC - Information Thread - RRR

So Mr Bell is still in the Congo.
Can’t be long now then for news on the $7.5m payment to Red Rock Resources. More cash than the current - closer to 0.6p plus significant projects! If Mr Bell announces during the day the share price will increase a lot.
Posted at 13/12/2024 15:25 by kemche
Note 19 and the full horror:

Movement in ordinary shares

Number

Nominal

£'000

As at 30 June 2022 - ordinary shares of £0.0001 each

1,256,147,238

126

Issued on 27 Sep 2022 at 0.4 pence per share (allotment for cash)

40,000,000

4

Issued on 19 Dec 2022 at 0.1 pence per share (non-cash)

28,000,000

3

Issued on 19 Dec 2022 at 0.2829 pence per share (non-cash)

17,000,000

2

Issued on 2 Mar 2023 at 0.25 pence per share (non-cash)

26,753,616

3

Issued on 13 April 2023 at 0.18 pence per share (allotment for cash)

56,487,601

6

Issued on 19 April 2023 for 0.1661 pence per share (non-cash)

123,888,888

12

Issued on 11 May 2023 for 0.15741 pence per share (non-cash)

15,055,706

2

Issued on 18 May 2023 for 0.1425 pence per share (allotment for cash)

19,176,965

2

Issued on 18 May 2023 for 0.185 pence per share (non-cash, SIP)

376,028,070

38

Issued on 18 May 2023 for 0.21 pence per share (non-cash, SIP)

11,675,670

1

Issued on 31 May 2023 for 0.1298 pence per share (non-cash)

12,836,559

1

Issued on 5 June 2023 for 0.1425 pence per share (non-cash)

43,781,746

4

Issued on 5 June 2023 for 0.11 pence per share (non-cash)

45,964,912

4

Issued on 27 June 2023 for 0.11385 pence per share (non-cash)

33,237,805

3

Issued on 27 June 2023 for 0.116908 pence per share (non-cash)

65,876,152

7

Issued on 27 June 2023 for 0.11 pence per share (non-cash)

23,657,440

2

Issued on 28 June 2023 for 0.1650 pence per share (allotment for cash)

110,029,423

11

Issued on 27 Sep 2022 at 0.4 pence per share (allotment for cash)

175,000,000

17

As at 30 June 2023 - ordinary shares of £0.0001 each

2,480,597,791

248

Issued on 10 Aug 2023 at 0.2 pence per share (non-cash)

63,500,000

6

Issued on 29 Aug 2023 at 0.2 pence per share (non-cash)

26,000,000

3

Issued on 18 Dec 2023 at 0.011 pence per share (allotment for cash)

100,000,000

10

Issued on 21 Dec 2023 at 0.0075 pence per share (allotment for cash)

666,666,667

66

Issued on 12 Feb 2024 at 0.00637 pence per share (non-cash)

211,482,353

21

Issued on 12 Apr 2024 at 0.0051 pence per share (allotment for cash)

509,804,000

51

Issued on 12 Apr 2024 for 0.06 pence per share (non-cash, SIP)

80,928,000

8

Issued on 18 June 2024 for 0.015 pence per share (non-cash, SIP)

166,666,667

17

As at 30 June 2024 - ordinary shares of £0.0001 each

4,305,645,478

430
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 07/10/2024 08:49 by kemche
jlondon4 Aug '24 - 17:11 - 65 of 66
0 1 1
---Red Rock Resources, Investors Chronicle [owned by Financial Times--
Fri, 2 Aug 2024 : RRR share price 0.05p [mid].

"Share Price Forecast : Red Rock Resource: The 1 Analyst offering a 12 mth price target expects Red Rock Resources to rise to 6p in the next year from 0.0525p."
"High 6p, Mid 6p and Low 6p."

Link:
Sun, 4 Aug 2024.

Note: The above can checked for --any co-- from the FT but that is under subscription. However, Investor's Chronicle, also owned by the Financial Times [FT] does the same format but it is free to view. I check for other co's as well to see what the current Analyst forecast price is. DYOR. NIA [No warranty given by me as it is --from an external site as above]. I tend to check as its is interesting to see the latest Analyst target for any co.
Red Rock Resources share price data is direct from the London Stock Exchange

Red Rock Resources Frequently Asked Questions (FAQ)

What is the current Red Rock Resources share price?
The current share price of Red Rock Resources is 0.0375p
How many Red Rock Resources shares are in issue?
Red Rock Resources has 5,684,368,839 shares in issue
What is the market cap of Red Rock Resources?
The market capitalisation of Red Rock Resources is GBP 2.13M
What is the 1 year trading range for Red Rock Resources share price?
Red Rock Resources has traded in the range of 0.0325p to 0.11p during the past year
What is the PE ratio of Red Rock Resources?
The price to earnings ratio of Red Rock Resources is -0.8
What is the reporting currency for Red Rock Resources?
Red Rock Resources reports financial results in GBP
What is the latest annual profit for Red Rock Resources?
The latest annual profit of Red Rock Resources is GBP -2.85M
What is the registered address of Red Rock Resources?
The registered address for Red Rock Resources is SALISBURY HOUSE, LONDON WALL, LONDON, EC2M 5PS
What is the Red Rock Resources website address?
The website address for Red Rock Resources is www.rrrplc.com
Which industry sector does Red Rock Resources operate in?
Red Rock Resources operates in the IRON ORES sector

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