Red Rock Resources Share Discussion Threads

[noirua] 27/4/2021 14:10

28 April 2021 Live Webinar: 13.00 GMT

[kemche] 27/4/2021 14:10

Just get on with the fundraise FFS!

[noirua] 27/4/2021 13:13

A podcast from Power Metal Resources that talks about RRR's 51% interest in Australia on 13 April:

[torp] 26/4/2021 17:55

SP sub 0.90p again. Doesn't bode well imho.

Just a matter of time before more shares get issued

Nothing will ever change unless the BOD are removed

DYOR

[onlyroadtoheaven] 23/4/2021 12:34

We haven't had any paid rampers on here yet so maybe a few more weeks???

[kemche] 23/4/2021 12:19

Fundraising o'clock surely must be upon us - it has been some time after all.

[noirua] 22/4/2021 18:49

JUPITER MINES LTD- DECLARES FINAL FY2021 DIVIDEND OF $0.02 PER SHARE - record date is 7 May 2021, and the dividend will be paid on 21 May 2021. This makes a dividend for the year of 3c and a yield of 9.2% at 32.5c a share.
JUPITER MINES LTD- FY2021 CONSOLIDATED Net PROFIT AFTER TAX $67.5 MILLION VERSUS $95.1 MILLION

Red Rock Resources will be issued about 630,000 shares in Juno Resources Limited ASX: JNO on May 7, 2021. The IPO value is about A$160,000.



Jupiter welcomes the announcement by Ntsimbintle Holdings (Pty) Ltd (“Ntsimbintle”) that it has increased its stake in Jupiter to 19.9%. This confirms the appeal and merits of Jupiter, its “lean-and-mean” operations, and its ASX-listing to all shareholders.

Preliminary Final Report:

[noirua] 21/4/2021 15:49

Well. Red Rock are up from 0.18p to 0.925p a rise of 410% and Power Metal are up from 0.25p to 2.25p a rise of 800% - low to present price 2020/2021.

Plus factor for POW is the strong price of copper and nickel the present recovery in the gold and silver prices.
Plus factor for RRR is gold via 3 interests and copper in DRC and shareholdings.

At present POW has a vibrant hard working CEO. However, both have the same Chairman.

Both companies have poor historic records albeit RRR rose 60 fold to over 20p many years back and collapsed in price thereafter. Those who sold Red Rock near its peak after buying at the beginning of the run-up might even today be an MD with the largest shareholding in POW.

These are high-risk shares in a high-risk sector so be prepared to lose a lot of money if it goes wrong - only a silly billy would expect anything else.

[onlyroadtoheaven] 20/4/2021 14:20

At least he has toothache. It is a shame that he is using our money to treat it.

[grimreaper2019] 20/4/2021 11:36

This recent interview is classic.





Andrew Bell says Red Rock must think like a £100m company, he does not say Red Rock aims to be a £100m company, there-in lies the difference between him and Paul Johnson of POW who has stated many times his aim is to make his shareholders life changing returns.

Bell bounces and titivates between projects waffling on like a drunken Professor about how this one or that one might deliver exceptional returns with various caveats spaced in.

Bell has not delivered any newsworthy event for ever and an age, he simply cannot be trusted, what is even more concerning is he has no interest or qualms about the company's horrendous historical performance under his stewardship.

So where is this news that Bell purports to be so shareholder value enhancing, the only 'news' hitting the market are lousy share issues.

[noirua] 19/4/2021 09:56

AB was mainly referring to new managers/specialists at Red Rock Australasia Limited. That, at a guess, looks like the plan now to get more new managers/specialists for the DRC business and float that asset as well. The Kenyan gold asset is a similar but more advanced situation where new directors/managers may be appointed and a part interest sold off or also floated.

Will all three come off. Well, two if the gold price continues its improvement. As to copper well, it's already a high price - see chart in the header.

[grimreaper2019] 19/4/2021 09:30

Where is all this news-flow and where are the new directors Andrew Bell alluded to over 1 month ago ?

Did Bell ever go to Kenya, he was tweeting about Pandemic matters at the time he should have been abroad. Anyone know??

[noirua] 19/4/2021 09:14

Red Rock Australasia Pty Ltd., - November 2020


Posted as a reminder of the setup over there in Ballarat, Victoria South East Australia. Much has to depend on a recovery in the gold price which appears to be starting but a fairway to go and a Par 5 at that.

From the 1 April video in the header, we can see that AB outlines sale of assets to bring the cash situation to around £10 million $13.8 million.

As many will know AB is now in DRC and we await further news on developments there. The copper price is near the high point so any sale of assets looks a lot easier in that respect despite long delays over Musonoi.

[kemche] 14/4/2021 10:47

£11M MKT CAP - CRCL "investment" valued at £76k.

Righty ho!

[noirua] 14/4/2021 10:42

Corcell PLC - 3,383,633 shares 1.263% -- value at 2.25p a share = £76,000



Jupiter is to float its Mount Mason high-grade ore project on to the ASX in May as Juno Resources Limited.

Red Rock Resources will receive free shares in Juno that can be sold in May 2022 - earlier if there is a bid for Juno. Value expected to be in the region of A$150,000 to A$250,000 to Red Rock.
A dividend from Jupiter is expected to be paid in June in a sum of around A$200,000.

The Jupiter shareholding will rise if shares held against a loan are moved back into Red Rock's hands.

[donaferentes] 13/4/2021 09:25

I've cut bait in search of more mobile stock. Can always re-enter later.

[onlyroadtoheaven] 13/4/2021 09:09

Nothing changes here!

[donaferentes] 13/4/2021 07:35

RNS - oink, oink!

[noirua] 11/4/2021 15:04

Warrant Update and Extension of Insider Warrants - Power Metal Resources PLC
19 February 2021 - a reminder

All February 2019 Warrants carried a two-year life which ended on 18 February 2021. Power Metal can now confirm that, save for the 40 million Financing Warrants held by insiders and connected parties, further details of which are provided below (the “Insider Warrants”), the Company has received valid exercise notices for 100% of all the February 2019 Warrants.

As of 18 February 2021 the following February 2019 Warrants held by Directors or their related parties remained outstanding (“Insider Warrants”):
Warrant Holder ---------------------- Number of Warrants ------------- Exercise Price
Paul Johnson ----------------------------- 10,000,000 -------------------------- 1.0p
Andrew Bell ------------------------------ 10,000,000 -------------------------- 1.0p
Red Rock Resources Plc ------------------- 20,000,000 -------------------------- 1.0p

Under the February 2019 Warrant instrument clause 2.3 provides that should any February 2019 Warrantholder be in the possession of price-sensitive information and be thereby precluded from exercising warrant subscription rights, the exercise period shall be extended until 20 business days following the date on which the Warrantholder ceases to be an insider.

Scott Richardson Brown and Edmund Shaw, being the independent Directors for the purposes of the extension of the expiry date of the Insider Warrants held by Paul Johnson and Andrew Bell and Red Rock Resources Plc consider, having consulted with the Company's nominated adviser, share price Angel, that the extension of the warrant expiry date to 18 May 2021 to such related parties is fair and reasonable insofar as the Shareholders are concerned.

[noirua] 11/4/2021 11:04

Longtime gold bug Peter Grandich says he is only feeling safe with the greenback these days. Speaking with our Daniela Cambone, the Grandich and Company founder, who managed the portfolios of many pro athletes, reveals his deep concerns about the current environment. "I am truly petrified to see the complacency in the market...We're entering a dangerous time where most people aren't prepared."