Red Rock Resources Share Discussion Threads

[soulsauce] 10/9/2014 09:42

Dimmer lol.

[dimmerginger] 10/9/2014 09:32

Bell gonna pull your pants down again sophisticated investor's!

I wish I could buy shares in Andrew Bell. This is the only part of the operation that makes great returns.

[bunky3] 09/9/2014 12:26

Atleast we got $100k for opening the door Soul

[soulsauce] 09/9/2014 11:36

Colombia D-day tomorrow so expect another laughable deluded statement from Bell anytime soon. AeE has already given you the heads up.

[johndee] 08/9/2014 21:37

Too many selling into the rise today, kept the share price down.

[atino] 08/9/2014 20:57

Oh goodie:-)) "STOCKWATCH: Pallinghurst surges nearly 8% on trading update" ^__^ - hxxp://www.bdlive.co.za/business/mining/2014/09/08/stockwatch-pallinghurst-surges-nearly-8-on-trading-update

24 Aug 2014, "Jupiter ore development on track" -

[atino] 08/9/2014 13:21

EXCELLENT STUUF ^__^ (and pheck 'regency' for the time being Bam Bam...VALUE IS HERE imo *__^ Fortunately m8, theres very little 'spin'....EITHER ME, YOU...or 'anyone' else, can put on this!:-)))) hahaha LOL



[Quote 8/9/14] Trading statement - Pallinghurst



In accordance with the JSE Limited Listings Requirements, Pallinghurst gives notice that it is now reasonably certain that its financial results for the interim period to 30 June 2014 will differ by more than 20% ^__^ compared to the financial results for the period to 30 June 2013.

Pallinghurst expects that earnings and headline earnings per share will increase to US$0.14, compared to a loss and headline loss per share of US$0.10 for the six months ended 30 June 2013.

The significant period on period INCREASE in earnings and headline earnings is primarily attributable to increases in the valuation of Pallinghurst’s interests in Gemfields plc and Jupiter Mines Limited *__*, which are held at fair value.

Pallinghurst expects that net asset value per share at 30 June 2014 will increase to US$0.68 (US$0.43 at 30 June 2013; US$0.55 at 31 December 2013). [...WOW *__*]

The financial information on which this trading statement is based has not been reviewed or reported on by Pallinghurst’s auditors. Pallinghurst’s financial results for the period ended 30 June 2014 are expected to be released on SENS on or about 22 September 2014.

hxxp://www.sharenet.co.za/v3/sens_display.php?tdate=20140908135000&seq=30

[soulsauce] 05/9/2014 19:56

HOPELESS I am sure Bell will come out with some BS to keep the Colombia story spinning along while he continues to destroy sharholder value with dilution after dilution until he has squeezed every last drop out and the sad realisation hits home, as with the Greenland saga, that we have another white elephant that can not be sold while he looks for the next spinning plate to whet the appetite of the gullible.

[hopeless698] 05/9/2014 14:46

I received a sarcastic statement so duly returned it.

[hopeless698] 05/9/2014 14:44

thats why i posted it

[soulsauce] 05/9/2014 13:54

HOPELESS if that post by AeE doesn't tell you that there will be more disappointment on or prior to the 10th nothing will.

[hopeless698] 05/9/2014 13:34

Further to the Company's announcement of 25th July 2014, NMC has exercised its option to pay a further non-refundable fee of USD 50,000 to initiate a second due diligence exclusivity period of 30 days which will run until 10th September 2014.

[martyn9] 04/9/2014 16:00

Agreed on target,and let that "somebody" run the company professionally.

[martyn9] 04/9/2014 16:00

Agreed on target,and let that "somebody" run the company professionally.

[on target] 04/9/2014 14:13

Better to actually sell it to somebody rather than constantly being in corridors or rooms.

[atinos auntie ettie] 04/9/2014 14:12

Musings on exclusivity periods.

If under such restriction there is but one way forward, think a narrow corridor. If not under restriction more can come in, think large room with lots of exits.

To ponder, better to be stuck in the corridor or free to move around in the room?

[hopeless698] 03/9/2014 13:43

It's Time to sort this share price out, its on the bottom of the floor, maybe you
should all be taking Pay cuts or making redundancies.

I think we've had enough!!!

[hopeless698] 03/9/2014 13:25

Where's the news on Colombia???

[noirua] 03/9/2014 10:05

The Chairman Bell can be a big plus for RRR but has not been able to fully close any deals. Continued cash raising are Mr Bell's lead boots that pin Red Rock to the ground. The market is difficult, however, Lenigas can do it and not Bell it seems, so far.

[atino] 02/9/2014 10:16

{quote] Red Rock Resources (LON:RRR) said the Tshipi Borwa manganese mine in South Africa has performed exceptionally well in the year to date ^__^.


Red Rock's interest in Jupiter is small, but its impact could potentially be quite significant *__^


While Red Rock’s holding in the operation’s 49% owner Jupiter Mines is small at 1.2%, the scale of Tshipi and Jupiter’s other assets are large enough to move the dial for the AIM listed group.

For instance targeted output from Tshipi is 2mln tonnes of manganese this year, scalable to 3.6mln tonnes.

Earnings before tax and depreciation are forecast to more than double to $49mln; meanwhile the value of Jupiter’s share of Tshipi is put at US$429mln (A$460mln).
Jupiter also owns the Mt Mason haematite project in Australia, which is on target for production in June 2017.

Red Rock chairman Andrew Bell said: "Jupiter Mines' Tshipi Borwa mine has performed exceptionally well in a challenging market, exceeding planned production volumes, seizing a substantial share of the Chinese market, and achieving a low cost of production.

“There is scope for further progress, including production expansion at Tshipi, which is proving itself to be a world class mining property.”

Separately, Resource Star, a business in which Red Rock has a 21% direct interest, continues its due diligence on Australian cloud computing service and infrastructure provider Cloud Lands Digital Fortress, the company said.

Meanwhile, on Friday, the company raised £200,000 through a placing of shares at 0.2p a share.

hxxp://www.proactiveinvestors.co.uk/companies/news/71757/red-rock-resources-says-jupiter-mines-performed-exceptionally-71757.html


[Snippet] Red Rock Resources (LON:RRR), meanwhile, said earnings before tax and depreciation are forecast to more than DOUBLE to $49mln at the Tshipi Borwa manganese mine in South Africa; the value of Jupiter’s share of Tshipi is put at US$429mln (A$460mln) ^__^

hxxp://www.proactiveinvestors.co.uk/companies/market_reports/71777/most-followed-armadale-bushveld-condor-edge-forbidden-technologies-fastjet-galasys--0000.html

[now this 'double'...is MUCH BETTER...than the apparent 'double'...of DNI...& that phecking...'Mr Crusty', the clown !:-]]

[atino] 02/9/2014 10:10

[Quote] Red Rock Resources on Monday reported that Jupiter Mines's Tshipi Borwa Manganese mine, in which it holds a 1.2% stake, achieved above-target production of 1.1m tons of manganese in its first year of production.

For the current year, which began at the start of March, 2m tons are projected, with production to mid-August already above 1m tons.

"Recent lower Mn prices were partially compensated for by achieving lower operating costs, which may now be the lowest in the industry at around $2.60 dry metric ton units (DMTU) [...] thus the operations are still profitable even at recent low market prices of $3.30 DMTU."

The operations have a 60-year planned life, low cost, an easily accesible open pit and a rail load-out station that can load a train in four to five hours.

Red Rock Chairman Andrew Bell said: "Jupiter Mines' Tshipi Borwa mine has performed exceptionally well in a challenging market, exceeding planned production volumes, seizing a substantial share of the Chinese market, and achieving a low cost of production.

"There is scope for further progress, including production expansion at Tshipi, which is proving itself to be a world class mining property."

Meanwhile, the group also commented on an announcement from Resource Star, its 20.91%-owned subsidiary, which said it was continuing due diligence on Australian cloud computing service and infrastructure provider, Cloud Lands Digital Fortress, and had announced a general meeting to approve the placement of shares to raise as much as A$452,000.

hxxp://www.redmayne.co.uk/research/newsView.htm?nID=149703