Red Rock Resources Share Discussion Threads

[atino] 04/6/2014 16:43

Ahh "JMS" you say *__^...lets see what the 'big man' has to say about it ^__^


Dear Shareholders,

The financial period ending 28 February 2014 has seen significant progress on Jupiter's key projects.

The Tshipi Borwa mine is well on its way to becoming one of the world's important suppliers of manganese ore. One million tonnes was produced and sold in its first full financial year, generating profits even at the depressed manganese ore prices ruling. The production ramp up to 2.4 million tonnes per annum is set to continue in the current financial year, in line with the anticipated increase in logistics capacity.

In the Central Yilgarn, work has continued to optimise the Mount Mason DSO Hematite Project. There has also been important progress in the plans to expand the capacity of the port of Esperance, with the preferred proponent announced. This increases the likelihood of Mount Mason being developed, and with it the potential to generate profits in the foreseeable future.

The de-listing of Jupiter in January 2014 was completed smoothly and the majority of shareholders remain committed to Jupiter and its Strategy. I hope to see these realise significant value in the future.

Yours Faithfully,

Jupiter Mines Limited
Brian Gilbertson
Chairman

hxxp://www.jupitermines.com/images/jupiter---sooheneeng.pdf

[bam bam rubble] 04/6/2014 15:09

A quick sum on the next loan conversion expected to run for 3 weeks from tomorrow

As a rough guide,
- assume £150k conversion (£10k/day) with share price to adjust accordingly to find buyers
- YA distributes the stock at net average of 0.18p = 83,333,333 shares short-sold
- YA close out short at -6% discount to average 3 lowest VWAPs (c.0.16p?) = 0.15p

In that example YA get 100m shares. After offsetting an amount to close the short
leaving 16,666,667 freebies worth £25k at the placing price to be sold in-market.

[moonshine1] 04/6/2014 09:52

Very glad I didn't persuade any friends or relatives to join here. 'patronising monologue of inane gibberish' just about sums it up.

[kezman01] 04/6/2014 09:39

He's penning his next patronising monologue of inane gibberish.
Very similar to Red Rock's regular Newsletters, although by the time the next one is issued there could be very little to eulogise about.
The Lemon will likely be sold, Colombia will still be in its crypt and it would be no surprise if JMS shares were history.
So that leaves......err....debt, wages and the square root of fark all.
Sorry...forgot the new holy grail Cote D'Ivoire, how remiss of me.
Been offered 3m shares at 0.22 through Barc, but gave it a swerve.
I expect they'll be hoovered up pronto though, probably by the LSE posse of international jetsetters
This time next year Rodders....

[moonshine1] 03/6/2014 21:38

Wonder how AAE is this lovely evening?

[hernando2] 03/6/2014 19:25

Someone makes a lot of money in one sphere that they know in great detail and are masters of.


can be hoodwinked like a child in another sphere

Personally it cost me about some cash before i twigged AIM and its small companies.

Rather less than some , but more than others.

I hope DS is on top of the situation and he knows more than me

[johndee] 03/6/2014 19:20

Just wondering why someone wanted to own well over 100m of these shares while none of the directors own even a small percentage of that.

[bam bam rubble] 03/6/2014 17:38

New lows as Mr Bell continues to run the listing like an automated teller machine.

Another 3-week selldown is due to begin. The Apr 30th RNS said the first drawdown
must be by May 30th and the next during June to release certain parts of the loan.
As YA will usually begin as soon as the shares from the previous round are issued
the next leg down should be June 5th-25th.

[dimmerginger] 02/6/2014 21:41

DS has been well and truly shafted ATM. He has put his money where is mouth is - Top credit to that boy and hope he gets more back than invested. :-)

Good luck.

[kezman01] 02/6/2014 19:56

All stake builders know exactly what they're doing, and why they're doing it.
Makes me smile when punters think a stake builder is basically endorsing their holding, while at the same time the market continue the downward spiral.
Time will tell.

[atino] 02/6/2014 18:08

...(for all our sakes)...I 'phecking' hope so too !...LOL

[soulsauce] 02/6/2014 17:34

Lucky Sklan has been buying or this would be well sub 0.2p, hope he knows what he's doing :-/

[johndee] 02/6/2014 16:47

sp closed lower than RGM today, that is very rare and makes me wonder why Sklan bought here instead of RGM. RGM's future is looking a lot stronger than RRR's.

[bam bam rubble] 02/6/2014 14:09

Must have bought in-market during YA's selldown as placing shares aren't issued yet.

May 07th: disclosed a holding of 6.500%
May 30th: holding (pre-dilution) 7.500%
Placing diluted investor back to 6.88%

It's odd that Sklan wasn't made an insider and given the chance to take part at the discounted YA price instead of buying in-market. Although doing that did help the share price

[kezman01] 02/6/2014 13:02

Part ofthe placing

[atino] 02/6/2014 12:51

holding RNS - 'MORE' ^__^ (...thanks Dan:-)...7.5% now LOL





Oi 'Merlin' (& dear 'followers') - another...'statement of FACT'...for you's to consider *__^ hahaha

[...what more 'level of confidence'...do people want to see !!!]

[digger27] 01/6/2014 21:35

My last averaging down buy was at .035 thinking it can't get any lower can it. Wrong again.

[noirua] 01/6/2014 20:33

Jupiter Mines Limited may also be in talks over their Western Australian iron ore interests.

Digging beneath China's interest in Australian iron ore projects

[soulsauce] 01/6/2014 18:49

Funny how as soon as anyone questions the leadership Bell's alter ego surfaces to condemn the post and poster.
Shows how rattled he is at anyone daring to topple him from his rickety perch built upon a pack of cards which at any time could come crashing down.

Quite laughable really.

[atinos auntie ettie] 01/6/2014 14:45

If one is able to decipher the points behind the paragraphs of venom in their post the obnoxious fellow would like to see more leaders or co-leaders at Red Rock and Regency, and a resulting increase of Board emoluments that two senior appointments would bring. If a request to split Chairman and CEO roles at each then that is to split the current way into four sets of emoluments. Some might submit that is illogical and out of touch with the current climate for junior companies. Having those roles embodied in a single person has the benefit of a clear management hierarchy for resolving matters, a lower cost structure than split roles, and currently the group is not big enough for it to be necessary. The combined take from both was reduced last year by 30%. That is not to say it was too high as it has always been fair, but it is right to lessen remuneration to coincide with a lessening of operations. As an aside, that calamitous statesman Blair should not be said in allusion to nor with. The last point made, to see the Colombian balance sheet, that is to say, the accounts of Four Points Mining SAS, is unnecessary as are included in the consolidated group statement and hence fully accounted for, and already largely impaired. A thoroughly tiresome succession of paragraphs but then they come from someone saying the company is based out of Eastbourne Mews when that has not been so for over a year and speaks of non-executives having no faith when only the day previous they had purchased shares or converted amounts owed, en masse. Incorrect and perhaps outdated views from a stale to borrow his own word, former holder.

[dimmerginger] 01/6/2014 13:10

You need to be quick guys.

[digger27] 01/6/2014 12:05

So how do we get rid of him guys? Do we have enough votes collectively to call for a GM to vote him off.