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RRR Red Rock Resources Plc

0.0575
-0.0075 (-11.54%)
28 Mar 2024 - Closed
Delayed by 15 minutes
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
  -0.0075 -11.54% 0.0575 0.055 0.06 0.065 0.0525 0.07 124,198,674 15:09:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Iron Ores 0 -2.67M -0.0011 -0.55 1.49M
Red Rock Resources Plc is listed in the Iron Ores sector of the London Stock Exchange with ticker RRR. The last closing price for Red Rock Resources was 0.07p. Over the last year, Red Rock Resources shares have traded in a share price range of 0.0525p to 0.285p.

Red Rock Resources currently has 2,480,597,791 shares in issue. The market capitalisation of Red Rock Resources is £1.49 million. Red Rock Resources has a price to earnings ratio (PE ratio) of -0.55.

Red Rock Resources Share Discussion Threads

Showing 43951 to 43974 of 51850 messages
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DateSubjectAuthorDiscuss
23/3/2020
16:30
Poisoned chalice.
kemche
23/3/2020
16:09
why would Jupiter bother to buy two assets elsewhere in Africa which may never come to anything?
greenpastures2
23/3/2020
15:58
Red Rock needs to approach Jupiter Mines Limited. Quoted shares held are worth about £1.45 million after deducting 5.5m Jupiter shares to cover loans. CLNs due to be paid in December 2020 would leave only about £400,000 over.
Jupiter may pay a dividend in May that would mean RRR receiving about £170,000.
The reason only Jupiter Mines Limited has the cash available to steady RRR.

Due to a quite shocking 2019: The company's directors should forego all salaries in the rest of 2020 -- wont happen of course. If that happened and Jupiter were approached then the shares would be steadied as trust that is totally lost in the RRR directors would be found once more.

Andrew Bell, company Chairman and CEO, has the dice in his hand and he has but two throws left that are detailed above. The Chairman/CEO has to man up and take the blame.

Updated 16:13

noirua
23/3/2020
15:57
Once the funds are finally released from Cyprus then we will see who's laughing!
kemche
23/3/2020
15:56
"The hard work put in here must not be diminished, funds must be found, I have a lifestyle to support after all. Do please give generously when the begging bowl is passed around which it most assuredly will be. Thanks."
kemche
23/3/2020
15:48
Sell the coffee
60000 muppets
23/3/2020
13:20
Share prices are being pummelled and nobody is immune, indeed juniors may be hardest hit. Strong stomachs are required to digest the impact and a strong resolve to emerge from the other side with an exit strategy to take advantage of recovery when it comes. The hard work put in here must not be diminished, funds can be found, adapt or perish.
atinos auntie ettie
23/3/2020
12:02
Red Rock Resources PLC AIM:RRR JUPITER MINES LIMITED ASX:JMS - - Red Rock Resources PLC 'RED' holds 17,024,914 shares.
[ 5.5m shares have now been transferred against loans].
[closing price in AUS was 22c].

noirua
23/3/2020
11:06
Time to move on Noirua. This could last for more than a year Can you see RRR surviving that long?
greenpastures2
23/3/2020
10:11
Manganese price holds its ground: Week commencing 23/03/2020 - US$3.34 (last week US$3.30)
noirua
23/3/2020
09:58
That should help RRR.
kemche
23/3/2020
09:30
.
Gold still below the US$1,500 level but should pickup as US positions are satisfied - they had to sell something as the USD advanced and the DOW40 tanked due to its tie-up in the motor industries.

noirua
23/3/2020
08:10
Looks like the old covid could be the final nail in the coffin....
ladeside
21/3/2020
20:29
Red Rock Resources historic track record of losses

2012 - Loss of £1,962,882 --- Cash raised £4,441,844 - Admin £2,275,786
2013 - Loss of £22,105,562 -- Cash raised £4,103,795 - Admin £4,751,948
2014 - Loss of £4,113,460 --- Cash raised £2,723,861 - Admin £1,563,808
2015 - Loss of £8,411,541 --- Cash raised £2,327,377 - Admin £1,334,404
2016 - Loss of £283,280 ----- Cash raised £1,155,323 - Admin £758,351
2017 - Loss of £1,114,213 --- Cash raised £300,000 --- Admin £644,688
2018 - Profit £78,120 ------- Cash raised £421,668 --- Admin £849,518
2019 - Loss of £1,723,881 --- Cash raised £853,089 --- Admin £591,777

Total Losses above - £39,792,939

Total Cash Raised - £16,326,957

Total Admin - £12,770,280


Plain to see where all the money goes. G&A. Simply uninvestable imho

DYOR

torp
21/3/2020
14:51
RRR ... excepted
replicas1967
21/3/2020
14:13
Gold is likely to remain under some pressure as those short of cash have to sell something to cover their positions. If a person needs US$20k and shares are worth US$13k and no cash, then gold may have to go.

However, however, with low interest rates and some countries going negative, if their currencies are strong. Then an amazing bounce back is set to occur.

noirua
21/3/2020
12:00
Latest Annual Report figures (to June):


CASH IN BANK - just £64k

TOTAL CURRENT LIABILITIES - £2.8m

ADMIN EXPENSES - £591k

torp
21/3/2020
11:34
"future profits" - Covid has finally got to him and delusion set in. Nurse!
kemche
21/3/2020
11:15
RRR have losses between £38 and £40 million that can be used against future profits and may be worth up to 1.1p a share. An announcement from Jupiter Mines is awaited.
The losses would of course be of value to a bidder for Red Rock.

noirua
21/3/2020
11:02
Musonoi is 51% owned by Red Rock Resources via its DRC subsidiary. RRR has bought the rights and pays 51% of all exploration costs. These costs started in 2018 and not before. Any financial information before that posted on this thread are misleading or lies posted by a TROLL.
noirua
21/3/2020
10:25
RRR Dire performance year on year

From Annual Reports

2012 - Loss of £1,962,882 --- Cash raised £4,441,844 - Admin £2,275,786
2013 - Loss of £22,105,562 -- Cash raised £4,103,795 - Admin £4,751,948
2014 - Loss of £4,113,460 --- Cash raised £2,723,861 - Admin £1,563,808
2015 - Loss of £8,411,541 --- Cash raised £2,327,377 - Admin £1,334,404
2016 - Loss of £283,280 ----- Cash raised £1,155,323 - Admin £758,351
2017 - Loss of £1,114,213 --- Cash raised £300,000 --- Admin £644,688
2018 - Profit £78,120 ------ Cash raised £421,668 --- Admin £849,518
2019 - Loss of £1,723,881 --- Cash raised £853,089 --- Admin £591,777

Total Losses above - £39,792,939

Total Cash Raised - £16,326,957

Total Admin - £12,770,280


Plain to see where all the money goes and why there's never any shareholder value

imho

DYOR

torp
21/3/2020
10:23
Noirua : "This could well treble the share price"

Readers should be extremely mindful that this ramper has been pumping this share
for a long time now and has woefully mislead many people. Last year he encouraged
people to buy buy buy at prices of 0.6p to 0.8p. He also told people the company
had £3m to £4m in cash when in fact it was revealed in the Half Year Report that
they had just £27k. If you invest on the back of his nonsense then imho you
thoroughly deserve to lose your money. Do your own research and do it very well.


Personally I don't believe a reinstatement of the Migori license would have any
tangible impact to the share price because it didn't imho before the license
was revoked. Noirua and others are just hoping and praying for any tidbit of
news to ramp so they can get some of their money back here.

The Full Year Report just published stated that the company had just £64k in the bank and
had current liabilities of £2.8m.

The BOD continue to take silly amounts in salaries and expenses. That for me strips all value
from the share no matter what value you assign to any individual asset. One only needs to look at
the 10yr chart here to see what effect this has had on the share price.

Each to their own as always, just be sure to DYOR

torp
20/3/2020
16:46
The track record of projects here, a list of failures:


Greenland Venture - Was on sale for 10m, subsequently sold off for just £1

Ivory Coast Venture - Went nowhere

El Limon Gold Mine - Sold off for a pittance and a royalty that will take years and years to recoup

Shoats Creek Venture - Abject failure now being written off

Steelmin Venture - Abject failure went into Administration Feb 2019 leaving a £1.1m debt to RRR

Kenya Venture - Had their license revoked, still fighting to get another

Years of dismal failures and dire performance

Years of share price destruction

Years of confetti issue dilution

Years of BOD taking lucrative salaries despite this abject failure

Years of this BOD spending £millions and £millions on Admin Expenses

Uninvestable imho

DYOR

torp
20/3/2020
15:49
Distract, distract, distract!
kemche
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