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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 Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 0.305 0.28 0.33 0.305 0.287 0.31 829,483 08:00:04
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -1.7 -0.3 - 2

Red Rock Resources Share Discussion Threads

Showing 43476 to 43495 of 44300 messages
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DateSubjectAuthorDiscuss
24/12/2019
15:15
~ ~ ~ . . . ~ ~ ~ . . . ~ ~ ~ . . . ~ ~ ~ . . . ~ ~ ~ Twas the night before Christmas, as old Ettie sighed "Where are the mugpunters, they've all gone!", he cried I used to make millions again and again Running this lark as a pure gravy train But now they are wiser and won't play my game The share has been trashed and they give me the blame They won't buy the shares and sit idle and petty Just like my machine that prints out confetti The silence was pierced by a knock on the door Carolers perchance come to sing for the poor? Alas twas investors all grim in dark coats Shouting "when will you pay these useless loan notes?!" "Begone! hapless fools, for the cupboards are bare Come back in a year for I have not a care The pennies were lost on a venture in steel Which fizzled to nought and was far from ideal" And so by the fire Ettie sat all alone Nursing his port like a dog with a bone Lost in his dreams of silver and gold And fanciful notions of riches untold Then came once again a rap on the door Which brought the old fool to his senses once more And swinging the portal wide open he beamed For his old chums from Cornhill had come back it seemed Fear not said the brokers for tidings we bring Let's raise up our glasses together and sing For a new year approaches for your gravy train You can fleece the mugpunters all over again Thus bolstered and feeling a fervor anew He dreamed of new punters who had not a clue Who knew not the history of failures and woe, And would buy the confetti to make his pot grow "Oh Santa just bring me my salary please Expenses galore and plenty of fees!" And so with a smile and a slightly dulled head Ettie hung up his stocking and tottered to bed ~ ~ ~ . . . ~ ~ ~ . . . ~ ~ ~ . . . ~ ~ ~ . . . ~ ~ ~
torp
24/12/2019
15:06
70 minutes of Xmas songs for all: Https://youtu.be/A6iamZpEzMw
noirua
24/12/2019
12:22
Amulet was particularly interesting!
kemche
24/12/2019
12:21
Hernando - exactly!
kemche
24/12/2019
12:17
I wonder who got all the money he gave away on those 'business opportunities"
hernando2
24/12/2019
11:59
Noirua - end the year as you began it - with utter twaddle. Well done!
kemche
24/12/2019
11:56
Taking everything into account the Annual Report though very negative in many ways does show RRR are getting a bit of a handle on the cash situation. The value of Mid Migori and the three DRC tenements far outweighs this negativity. A buying opportunity with all its risks out there
noirua
24/12/2019
10:59
Oh and of course important to note that Total Current Liabilities have gone up since end Dec from £2.7m to £2.8m So no dent made in those liabilities. £2.8m liabilities Cash in bank £64k Nuff said imho DYOR
torp
24/12/2019
10:57
lol at the Final Results. Cash in bank just £64K as at end June. Small wonder they couldn't repay the CLNs and rolled them over for a 3rd year. Can't imagine what the large investors were thinking here. They are surely just watching their holdings lose value. Ousting the existing BOD was imho a priority and they have failed to do so. Now as I have been predicting for weeks, the share price is dropping into the 0.3p zone. Same old DYOR
torp
24/12/2019
09:08
o On 11 April 2019 The Company's 100% owned subsidiary, RRR Coal Limited, agreed a loan facility of up to US$1,000,000 with Riverfort Global Opportunities PCC Limited and YA II PN Limited. The terms of the loan call for US$400,000 to be transferred to the borrower, with additional tranches available to the lenders at their absolute discretion. The notes are secured by 5,500,000 shares in Jupiter Mines Limited, which were transferred from the Company to the borrowers as well as by a corporate guarantee executed by Red Rock Resources plc. The notes carry an interest rate of 10% and come with a 7.5% implementation fee and are repayable over a period ending in April 2020. A total of US$200,000 has been drawn down on the facility to date. ----- On 17 October 2018 the Company announced commencement of a soil sampling programme on a new license in the Copperbelt in the south of the Democratic Republic of Congo ("DRC") near the Zambian border. The license is considered prospective for copper and cobalt mineralisation, and was recently acquired from a private seller. 80% of license PR13513 was acquired together with a nearby license and a gold-prospective license in the northern DRC adjacent to the licenses containing Randgold's Kibali mine, at a cost of US$60,000. The balance of 20% of the licenses is retained by the vendor, Congo Geologist Galaxy. ----- Non-current related party receivables of GBP3,887,434 (2018: GBP3,599,439) are recoverable from Mid Migori Mining Company Limited under the terms of the joint venture, purchase and sale agreement entered into in August 2009 as detailed in note 29. The amount is unsecured and has no fixed repayment date. Interest is charged at 8% per annum, and it was accrued in the reporting year the amount of GBP287,995 (2018: GBP359,539). Management have considered the recoverability of this debt and have considered the recent announcement regarding approval for the grant of licenses by the Mining Rights Board (MRB) of Kenya on the mining cadastre website. Upon receipt of official confirmation of the intended grant, the Company will be invited to fulfil fee payment and registration requirements. The grant of the licences then remains subject to the approval of the Cabinet. More details are given in note 1.5, Significant accounting judgements, estimates and assumptions. The MFP sale proceeds represent the fair value of the deferred consideration receivable for the sale of MFP. The fair value was estimated based on the consideration offered by the buyer adjusted to its present value based on the timing for which the consideration is expected to be received. The most significant inputs are the offer price per tranches, discount rate and estimated royalty stream. The estimated royalty stream takes into account current production levels, estimates of future production levels and gold price forecasts. Group and Company ----------------------------------------------2019 --------------------- 2018 Amounts due from associates GBP3,887,434 -------- GBP3,599,439 MFP sale proceeds-------------- GBP1,346,108 -------- GBP1,301,757 ----- For the purpose of the statement of cash flows, cash and cash equivalents comprise cash at bank and in hand - 30 June 2019 Cash in hand and at bank ---- GBP43,243 ----------- GBP 2,263,288
noirua
24/12/2019
08:52
Almost spot on with your prediction
ksddw2
24/12/2019
08:39
PS: I will be unavailable over the festive period, 2 weeks in the Caribbean for a well earned rest ! Merry Christmas Love Andrew
mikemichael2
24/12/2019
07:20
Bell-end a stupid incompetent kunt
the stigologist
23/12/2019
08:49
Iceland delivery slots available still for the AGM - hxxps://www.iceland.co.uk/free-delivery.html Looking forward to the results being announced after hours too this week and the Chairmans waffle. It's going to be a real Christmas Cracker whatever and full of denial and maybe mention of the additional Steelmin loan that wasn't RNS'd Cup of Greenland coffee anyone?
seagullsslimjim
23/12/2019
00:04
China’s Crude Steel Output Slows But Still On Track For Record 2019 18 December 2019 Https://www.sharecafe.com.au/2019/12/18/chinas-crude-steel-output-slows-but-still-on-track-for-record-2019/
noirua
22/12/2019
19:55
A thought only. Are Fosun International of China, assets around USD100 billion, interested in Musonoi Area 1, DRC asset and the other two tenements, and Gecamine's area 6? Https://www.fosun.com/language/en/ Fosun's interest goes back to 2013: Https://www.adenservices.com/en/news/investment-opportunities-drcongo-highlighted-china-mining-conference Fosun Gold Holdings has been active in buying up company's in that sector. A bid for Red Rock would give them a foothold in DRC for copper and cobalt,and maybe Mid Migori for gold in Kenya. Royalties at El Limon would be a bonus. Https://www.hkgbusiness.com/en/company/Fosun-Gold-Holdings-Limited
noirua
22/12/2019
19:06
A Chinese bid for Musonoi Area 1 may not be that far away as Glencore must now be considering the options. Glencore would gain the most on synergies and first bid is more likely from them unless the Chinese move quickly with a bid. A bid close to US$100mn would shut out Glencore, or would it?
noirua
22/12/2019
19:01
Robert Friedland, China and the rush for copper in the DRC 29 October 2019 Https://www.ft.com/content/2f170b48-eb44-11e9-a240-3b065ef5fc55
noirua
22/12/2019
15:44
"........when are we going to hear some positive news........" ;-)
seagullsslimjim
22/12/2019
11:49
The Steelmin deal started off well and then went bad for reasons outside RRR's control, however lending more money when Steelmin had clearly failed was a huge error of judgement which AB initially did not fess up about - bad show - could have paid off CLN's or held onto Jupiter shares or even bought more at the time to help cover RRR costs. The latest big error of judgement was AB standing for election, he should have know better and I would like to see a reduction in his salary and benefits due to his time being diverted away from his key responsibilities to RRR shareholders. Where are the results, when is the AM and above all when are we going to hear some positive news about the various licences. We as shareholders have spent a year treading water whilst AB and co run down RRR's asset base. Let us see some action and please inform the shareholders as to what is going on!
clunes100
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