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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% 0.165 0.15 0.18 0.165 0.165 0.17 2,242,389 08:00:11
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -1.7 -0.3 - 1

Red Rock Resources Share Discussion Threads

Showing 43626 to 43645 of 44100 messages
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DateSubjectAuthorDiscuss
19/1/2020
13:58
Any old crud.
kemche
19/1/2020
12:23
Barrick takes Acacia Mining back as buyout deal sealed 17 September 2019 Https://www.mining.com/barrick-takes-acacia-mining-back-as-buyout-deal-sealed/ Since this time Acacia have sold their Kenya subsidiary to Shanta Gold.
noirua
19/1/2020
12:11
The Impact of New Mining Regulations: Https://www.africalegalnetwork.com/legal-alert-kenya-new-mining-act-alert-series-immediate-impact-new-regulations-new-licenses/ Kenyan miners say law not conducive to investment 22 October 2018 Https://www.theeastafrican.co.ke/business/Kenyan-miners-say-law-not-conducive-to-investment/2560-4816656-ill4vfz/index.html Kenya hands over seized gold to Tanzania 24 July 2019 Https://www.theeastafrican.co.ke/news/ea/Kenya-hands-over-seized-gold-to-Tanzania/4552908-5208540-mfd8bj/index.html
noirua
19/1/2020
12:07
Mining Royalty Regulations 2017 Http://extractives-baraza.com/assets/content/PDF/Law/Mineral-Royalty-Regulations-2017-jan17.pdf
noirua
19/1/2020
11:56
KENYA’S NEW MINING ACT IS A MODERN PIECE OF LEGISLATION WITH A FEW ISSUES TO IRON OUT 1 February 2017 Https://www.bowmanslaw.com/insights/mining/kenyas-new-mining-act-modern-piece-legislation-issues-iron/ Concerns surrounding the Mining Act include the pre-emption rights of the government in relation to strategic minerals, the government’s 10% free carried interest, and the requirement for the listing of 20% of the equity of large-scale projects. In effect, this all means investors could find a large percentage of their company not being under their ownership and, to some extent, given over for free! While certain other countries do have a free carried interest in mining, Kenya’s relatively new industry may mean that giving away 10% is premature. Wherever a mining operation takes place, the community needs to be involved and to feel a part of the project. Some of the royalties prescribed by the new Act go some way to assisting with this, as they are directed specifically to communities. However, there is an additional need to engage communities and ensure there is local employment. Another issue relates to securing land rights. In the Mining Act, landowner consent is required even when applying for a license. This is extremely arduous. Considering the huge areas over which exploration licences may be granted, there may be 200,000 or more individual landowners and it is simply not possible to get consent from all of them in writing. We will hopefully see this provision reviewed and revised in due course. We expect a number of foreign mining investors are holding back and are waiting to see whether the current issues surrounding the new Mining Act will be ironed out over the next year or so. We believe the new Cabinet Secretary has the opportunity to turn the sector around, because of his enthusiasm and the fact he has gained the trust of a lot of mining companies. In this regard, it should be an exciting year in the mining sector in Kenya.
noirua
19/1/2020
10:49
It's all about the fundraising now. As it always was. And is.
kemche
19/1/2020
10:37
Red Rock Resources’ resilience pays off in Kenya 23 December 2019 Https://www.miningreview.com/gold/red-rocks-resilience-pays-off-in-kenya-following-government-woes/ The licences covered an area of 310 kmĀ² and is located in the south western part of Kenya, approximately 290 km west of the capital Nairobi. The project tenements lie within the Migori and Narok counties, extending approximately 63 km from Lake Victoria in the west and parallel to the Kenya/Tanzania border which lies 10 km to the south. Life of mine revenue from gold sales is estimated at US$95 million and the capital cost is $3 million recoverable within the first six months of operation. “Our case was more of a localised issue, but at the time we also had a mining minister who didn’t understand the market. While the process to take our licence away had already begun, the company had already invested more than $10 million.
noirua
19/1/2020
10:28
UK company’s bid for Kenya gold mining licence stalls January 1 2020 Https://www.theeastafrican.co.ke/business/UK-company-bid-for-Kenya-gold-mining-licence-stalls/2560-5404044-hl8ptl/index.html Summary: Red Rock Resources, which is eyeing a 243 square-kilometre site with deposits of the precious metal valued at more than Ksh180 billion ($1.8 billion), has been waiting for the licence since 2018. The company’s permits that were cancelled, SPL122 and SPL202, were issued under the former Mining Act.
noirua
18/1/2020
19:59
Did someone mention British Bulls (again)? Any credibility left has now been shot to bits !
seagullsslimjim
17/1/2020
17:32
We wait to see if BB are right. Only looking at charts I know and not the all over the shop factors at Red Rock. Hope all goes well for those investing anyway. Https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=RRR.L
noirua
17/1/2020
12:29
Noted from Georgian Mining: In terms of costs and treasury, the Directors and Executive staff have not received any compensation for their strenuous efforts on behalf of the company since May 2019, and this situation continues. Given the continued delays and resulting poor performance of the company the Board concluded it was appropriate to write-off their Directors fees owing since May 2018, with the exception of the Chief Executive who wrote off part of his fees. The total write-off since May 2018 is £275,000. The company has been affected by a long delay in getting a mining license - much like Red Rock. The directors have faced up to this failing, not their fault at all, and have done the right thing. We look to Red Rock to show equally fine high standards and company directors to repay all their compensation in the last financial year due to equal failings and loss of £1.1 million over Steelmin. So far they have not manned up to this. Well done Georgian Mining's Board of directors.
noirua
14/1/2020
17:29
Para Resources Signs Binding Agreement for Purchase of Operadora Including El Bagre Gold Operation from Mineros S.A. in Colombia Http://pararesourcesinc.com/para-resources-signs-binding-agreement-purchase-operadora-including-el-bagre-gold-operation-mineros-s-colombia/ January 10, 2020, Vancouver, B.C. — Para Resources Inc. (the “Company” or “Para”) (TSXV – “PBR”) (WKN – “A14YF1”) (OTC – “PRSRF”) is pleased to announce that Colombia Milling Ltd. (“CML”) a wholly-owned subsidiary of the Company has entered into a binding letter of intent (the “Agreement”) with Mineros, S.A. (“Mineros”) to acquire 100% of the shares of Operadora Mineras S.A.S. (“Operadora”) for US$5.5 million in cash.
noirua
14/1/2020
08:24
Noirua : "AB is building up for an announcement very soon. It will appear with a great crescendo." lol Will he be announcing he is finally having the decency to resign here? It's about the only thing that would affect the share price positively
torp
13/1/2020
15:21
News over on the Jupiter Mines great thread: https://uk.advfn.com/cmn/fbb/thread.php3?id=28201926 A new ADVFN gold chart is now on the great Mid Migori thread header: https://uk.advfn.com/cmn/fbb/thread.php3?id=45422858 There is no video in the above header as, hopefully, AB is building up for an announcement very soon. It will appear with a great crescendo. --- An announcement may arrive with the AGM in view. The Annual General Meeting is on Wednesday 29 January 2020 at 9am.
noirua
10/1/2020
13:03
Looks dire here Volume almost completely dried up. No-one interested. Understandably so imho. Can't imagine what the large holders are/were thinking. They must remove the original BOD here. I'm wondering if there's a reason they can't do that. They have suggested they might take the company private as per LSE poster Helpful's comments here: 17 Aug 2019 - "If it has not been taken private there is a reason, as will become clear shortly. We may still take it private." "One other large shareholder wanted us to liquidate the company last September and we said no." This threat for me makes the share uninvestable. DYOR
torp
09/1/2020
12:33
RGM shares firmer as Red Rock's interest gets near £200K. Red Rock Resources highlights expansion progress at the Tshipi Borwa manganese mine (RRR) 7 january 2020 Https://miningmaven.com/companies/red-rock-resources/998-red-rock-resources-highlights-expansion-progress-at-the-tshipi-borwa-manganese-mine-rrr
noirua
08/1/2020
13:39
Noirua BS - " Maybe a large opportunity to come for the shares that have been trolled downwards." LMAO you can't be serious!!!!! Comedy gold So the decimation of the share price in your fantasy RRR sycophantic world is down to chat board trolls?!!! I thought you were deluded but that takes the biscuit ! This share has been utterly decimated by a BOD running the company as a pure lifestyle venture for their personal enrichment imho. - The disgusting amounts taken in director salaries over the years (despite posting company losses year in year out) - The preposterous MILLIONS expended on Admin and Other Expenses over the years - The endless issuing of worthless confetti shares to raise more and more millions to fund those salaries and expenses - The lowering of the nominal share price from 0.1p to 0.01p so dilution could continue unabated - The consolidation of the shares - The long list of dubious ventures in dubious parts of the world that have largely failed and cost millions - The BOD's arrogant refusal to issue RNSs to inform markets of key loans and transactions with 3rd party companies - The refusal to issue an RNS when their 22% held Steelmin company went into Administration (definitely a price sensitive/affecting event imho) and much more Your position is and always has been utterly untenable here Noirua. You wilfully mislead readers with moronic cherry picked sound bites deliberately omitting all of the real factual and complete information that investors need to make an informed decision. I find your methods contemptible. All anyone needs to know can be found in the history of RNSs here, the historical actions of this BOD and in the Annual Reports. The recent Annual Report told us that (at end June): 1. The company only had £64k in the bank 2. The company had total current liabilities of £2.8m 3. The BOD spent £591k on Admin expenses plus other money on Business development and other overheads. There is naff all income except the paltry drip drip of El Limon royalties which will go on for years and years and the Jupiter dividends which essentially pay for the salaries and expenses. There is nothing here whatsoever unless the BOD are removed. Their historical behaviours have trashed the share and continue to do so imho. Their business model does not deliver shareholder value. It is time for that to change. Up to the large investors to make that change happen, otherwise, like so many large holders before them, they too will lose lots of money imho. DYOR
torp
08/1/2020
12:55
Despite the trolls Red Rock shares remain slightly up on the year. Quoted shares held equal the market cap + future gold royalties and Mid Migori 1.267 million ounces - gold in the ground worth about 2 billion US Dollars - of gold awaiting rubber stamping of the mining license go-ahead. DRC tenements for copper with Musonoi JORC resource imminent. The past looks gloomy except for some of us who took 100%+ profits in March 2018 - yes there was an opportunity. Maybe a large opportunity to come for the shares that have been trolled downwards. Just filter the trolls and bitter losers.
noirua
08/1/2020
12:39
Noirua appears to be getting a little fractious and desperate imho
torp
08/1/2020
11:45
Excellent stuff. Was looking for that precise recipe!
kemche
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