We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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 | 0.00% | 0.0575 | 0.05 | 0.065 | - | 0.00 | 07:45:38 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Iron Ores | 0 | -2.67M | -0.0011 | -0.55 | 1.49M |
Date | Subject | Author | Discuss |
---|---|---|---|
12/3/2020 00:29 | A delay updating the header. When it arrives it will surprise some. | noirua | |
12/3/2020 00:26 | They have stayed very firm since 2010. And they will continue to whilst you are in charge. When is the next confetti going to be issued? | kemche | |
12/3/2020 00:06 | The share price has stayed firm this week in stormy seas. In the context of the wider market crash it is not perverse to be pleased with a stationary share price. | atinos auntie ettie | |
11/3/2020 22:00 | If you have cash to invest I think it is too soon to jump in. Unfortunately I did buy some stock last week, shares in companies I had sold the previous week and really wanted to keep. In these markets there is a danger of getting whipsawed. | greenpastures2 | |
11/3/2020 20:41 | DOW40 finishes down 5.9%. Carnage on the FTSE100 in the morning. | noirua | |
11/3/2020 16:24 | That will help! | kemche | |
11/3/2020 15:18 | Revamp of thread taking place. Apologies whilst this is going on as some items will not be available for awhile. | noirua | |
11/3/2020 13:10 | Yep I absolutely will not get caught here. No doubts at all in my mind that Bell is doing the same old same old whack out a "Nothing" RNS on the run up to dilution. Over at RGM they had 1.5 billion shares in issue and then issued over 7 billion more and consolidated on a 1-100 basis. Just a total nonsense with all the usual ramping from the beneficiaries of discounted placing shares. I can only expect something similar here. Bell has already decimated the share price so badly here that he's already had to: 1. Lower the nominal share price from 0.1p to 0.01p so dilution could continue 2. Consolidated the shares on a 1-20 (or 1-25) basis. Just before Christmas they changed their broker back to their old friends Cornhill Capital (now renamed as Pello). The placing experts. In fact Cornhill was fined over £200,000 by the FCA for the illegal forward selling of placing shares with New World Oil. RRR imho further damns itself by the company it keeps. Nothing is ever going to change here. The BOD imho run this as a pure lifestyle venture for their personal enrichment. Most of the money goes to director salaries and ridiculous amounts of Admin and other expenses. It's a total sucker share imho and so a huge avoid for me. Over £16m cash has been raised by dilution in the past 7-8 years here. In the same time period they've expended over £12m of that just on Admin. It's utterly ridiculous and outrageous that the situation persists imho. I definitely will not be getting caught in any imminent placing here. Total barge pole DYOR | torp | |
11/3/2020 11:14 | Gold is up a bit this morning which is cheery and hopefully you spotted GGP and took a profit this morning. An advancement here at RRR. Wondering this morning if some Kenyan investors might see an opportunity here regards Mid Migori. | noirua | |
11/3/2020 07:14 | Classic RRR RNS issued at "no one is looking o'clock" full of piffle. Must be running on empty now. Confetti o'clock soon. IF they can get one away. Even the death spiral providers must balk at the idea. | kemche | |
10/3/2020 22:39 | Following the issue of the 6,000,000 new ordinary shares, the issued share capital of the Company consists of 682,049,662 ordinary shares of 0.01p each with voting rights. No Ordinary Shares are held in Treasury. Democratic Republic of Congo 10 March 2020: 6.00pm The Company announced on 25 February 2020 that a new phase of exploration was to begin on the Luanshimba license, 80% owned, which is prospective for copper and gold. Planning discussions have been held with the Company's geological advisors to ensure the most cost-effective programme. Quotes for some of the geophysical work are awaited. In relation to the Company's other concession interests, held in a 50.1% owned joint venture, discussions have been held in recent weeks with each of the partners to co-ordinate work going forward, and reports are being compiled on the periods to date for submission to Gécamines. Further to the announcement of 27 June 2019, the final $100,000 of payments to the vendors has now been made, through the payment of $50,000 in cash in December and through the subsequent issue of 6,000,000 new ordinary shares in the Company today at a price of 0.6 pence a share. Red Rock Chairman Andrew Bell comments : "We continue to work on progressing our existing interests in the Democratic Republic of Congo, at the same time building our network and reviewing new opportunities. We look forward to announcing further developments over the coming weeks." | noirua | |
10/3/2020 18:33 | Greenpastures2 - "It's well known that those sticking with Red Rock are those that are hoping a mining license comes through for Mid Migori." And yet before RRR had it's Migori license revoked no-one was remotely interested imho. The antics of the BOD were just the same. Endless dilution, preposterous amounts expended on Admin and other expenses, etc etc If they get another Migori license I can't see anything changing. Only one thing will ever change fortunes here and that is the total removal and replacement of the existing BOD. DYOR | torp | |
10/3/2020 18:26 | The harsh damning truth of this share is underpinned by the simple facts in each Annual Report published for the past 8 years. This is really all one needs to know and understand. Here are the hard facts: Losses made each year, plus amounts raised in cash through dilution placings and amounts expended on Admin 2012 - Loss of £1,962,882 --- raised £4,441,844 - Admin £2,275,786 2013 - Loss of £22,105,562 -- raised £4,103,795 - Admin £4,751,948 2014 - Loss of £4,113,460 --- raised £2,723,861 - Admin £1,563,808 2015 - Loss of £8,411,541 --- raised £2,327,377 - Admin £1,334,404 2016 - Loss of £283,280 ----- raised £1,155,323 - Admin £758,351 2017 - Loss of £1,114,213 --- raised £300,000 --- Admin £644,688 2018 - Profit £78,120 ------- raised £421,668 --- Admin £849,518 2019 - Loss of £1,723,881 --- raised £853,089 --- Admin £591,777 Total Raised - £16,326,957 Total Admin - £12,770,280 This is where the money goes. Over £16m raised in cash and of that, over £12m of it frittered on Admin expenses. This is the very definition of an AIM lifestyle venture imho and is why there is not now, nor ever will be, any shareholder value here. The share price only ever continues Southward (barring the odd pumped spike) because this BOD run the company in this way The 10yr chart shows perfectly the share price decimation this has caused. Noirua is desperate to get naive punters to buy the shares here. He is massively down on his positions here and was trying to get people to buy in at 0.6p levels. It is for me a total, total avoid. DYOR | torp | |
10/3/2020 17:00 | greenpastures2, it looks as if all these market moves are too raw at the moment. You might be right though I'm hoping all my gold stocks manage to hold up well. It's well known that those sticking with Red Rock are those that are hoping a mining license comes through for Mid Migori. The grades are not high but there is a JORC resource in place. All the other negatives and positives together matter little. As to Wall Street it is difficult to know as many are covering positions and it may take all week to play out. The Ten Year Bond is a flight to safety I suppose. | noirua | |
10/3/2020 16:43 | Down day for gold. It is because a re-bound on Wall St was anticipated Noirua. I am not sure the re-bound has amounted to much so far and I think I will wait awhile. See how the virus spreads in the US and look for a turn up in the interest rate on the 10 year T Bond. Does that seem sensible? | greenpastures2 | |
10/3/2020 16:11 | Coronavirus stats and map: | noirua | |
10/3/2020 15:55 | A down day for gold. Not sure of the reason for this. If the Mid Migori license arrives this will enable a partner to finance to production. Should this become imminent watch for buy orders for RRR stock. In these markets we need to be realistic, though the share price might well multi-bag. The past will be the past and it will be over, let it go. | noirua | |
10/3/2020 09:17 | Noirua still plugging gold . . . . you can only laugh really ! | torp | |
09/3/2020 20:58 | A broadcast today from Greatland Gold that points towards confidence in gold: Posted to cheer everyone up a bit. Gold glimmers and Red has 1,267,000 ounces of the stuff. Plus royalties and even further shares in companies with gold interests. If you hold Red Rock shares don't allows trolls and bad people to beat you up over it. Look at the gold price above, isn't that just great. Damn it, gold is good news and Red Rock Resources PLC have a lot of it. Any moment a Troll or naughty Pixie will turn up. A pity we don't have Noddy, Big Ears and Mr Plod to cart them off... | noirua | |
09/3/2020 20:11 | The gold price is way up on the US$1,300 price one year ago. After some desperate selling into the rise to a tad under US$1,700 to cover in debt positions: We can expect the price to go on past US$1,700. Red Rock's position, like so many micro-caps, after a poor day has been difficult. However, the company's gold interests are in the right place. No point laying blame on the past, we are in the here and now. At least RRR have some quotable shares of value that few other similar micro-caps have. Good fortune in these difficult times guys. | noirua | |
09/3/2020 20:09 | Also highly likely imho that a placing is coming and Noirua is participating and looking to dump cheap shares onto mugpunters for a tidy premium. Latest Annual Report figures (to June): CASH IN BANK - just £64k TOTAL CURRENT LIABILITIES - £2.8m ADMIN EXPENSES - £591k Just laughable imho DYOR | torp | |
09/3/2020 19:57 | Noirua utterly desperate now to get people to buy this worthless confetti. You have to have some sympathy with his plight, he is massively down here but trying to dupe others into the same mess to help get yourself out is unfortunately rather immoral and disgusting. Let it go Noirua, walk away and accept you've been catastrophically wrong for about 2 years now and have BADLY BADLY mislead others in all that time. Just shocking behaviour. For any newbies reading here are some of Noirua's previous posts: Noirua 29 Oct 2018 - " it would seem wise to consider buying in stock around 0.6p a share...your call" Bid price today 0.20p Noirua 29 Oct 2018 - "We can be assured that Chairman Bell and his board of directors are helping all they can to bring about a reasonable electricity deal for Steelmin" Steelmin went into Administration Feb 2019 Noirua 31 Oct 2018 - "RRR at around 0.575p to buy BUT not for long." Bid price today 0.20p Noirua 01 Nov 2018 - "Added a few more this morning." Noirua 01 Nov 2018 - "Still well cheap and under 0.6p is a 'come and buy me'" Bid price today 0.20p Fair warning. If you follow this shameless ramper you will lose your money simple as imho. DYOR | torp |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions