ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

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 45076 to 45099 of 51850 messages
Chat Pages: Latest  1810  1809  1808  1807  1806  1805  1804  1803  1802  1801  1800  1799  Older
DateSubjectAuthorDiscuss
06/5/2021
07:20
Bell referred to the listing of Juno, Red Rock will be issued shares, trading commences next week.

Looks like the IPO will be a success, worth £100's of thousands to Red Rock PLC according to Bell.

observer007
06/5/2021
07:09
It is interesting that folks only buy when the share price is already on the risers leader board despite the obvious investment proposition.

In recent interviews the CEO has stated he wants to drive RRR to mid cap status, this means in excess of £50m m/cap, that is not as far fetched as some believe, look at the projects and investments Red Rock hold.

It is worth noting a number of entities have been very happy to take large lines of stock at current levels.

This could trade at 3p (£30m m/cap) and still be considered cheap, note in the recent interview how the CEO referred to his involvement in the early days at Greatland Gold, we all know what happened there !!

RRR is dirt cheap.

the_debt_collector
06/5/2021
06:56
The company does appear to be making increasingly bullish statements.

Current price seems a good entry point ahead of a potentially meaningful re-rate.

From the recent results..........


'Progress continues with the planned IPO of our subsidiary Red Rock Australasia Pty Ltd, and we would expect the crystallisation of the value of our holding there upon a listing to give a valuation uplift significant in relation to our market value

With three IPOs to look forward to from our holdings, 2021 is likely to be a strong year for the Company, with liquidity continuing to increase in the second half of the year, and a medium-term target of £20m for cash and liquid investments'

goldenshread
05/5/2021
21:33
Time to buy

Red Rock Resources – interims, clear valuation upside potential from a number of catalysts

the_debt_collector
05/5/2021
21:19
RRR basher 'Kemche' was bashing CRCL relentlessly and then BINGO, the shares rose from .90p to 2.5p in 8 trading days.

Anyone who takes any notice of these detractors need their head examined.

Buy low sell high, did it at CRCL and am well positioned at RRR now !!!

2p+ coming soon.

the_debt_collector
05/5/2021
16:43
Dammit, you've got me. I looked at the 7 year history and thought how can we not buy in here especially as the same man is still in charge! What a fine history of performance he has and he always looking for shareholder value.
onlyroadtoheaven
05/5/2021
15:20
The bashers are probably buying RRR right now just like they did at Corcel when it moved from sub 1p to 2.4p in short time.

How strange when Corcel shares were surging they all went quiet as lambs, the same will happen here.

the_debt_collector
05/5/2021
15:14
Excellent news. We all know how much we can trust him. I will be buying bin bags full of shares after that ;)

My oh my.

onlyroadtoheaven
05/5/2021
15:10
Another interview today, Bell suggests the investment portfolio is currently worth £4m-£5m and implies it could be worth £10m with the float of the Aussie project in Canada.

He also hints at flotations of other projects.

goldenshread
05/5/2021
13:58
New video in the header guys!
noirua
05/5/2021
11:47
I call BS debt collector

You can use the London Stock Market Calculator to determine both AIM listing Admission fees and on-going Annual Fees. Whack in a £10m MCAP into that calculator and it returns an annual AIM listing fee of £9000









Granted there are also costs for Nomad, insurance etc

torp
05/5/2021
11:43
This has just been released..





'Red Rock is in the perfect position, with plenty of catalysts waiting in the wings that could trigger a significant re-rate from its current £10.2 million market cap. The Congo JVs alone stands to benefit not only from any strong drill results and production in the DRC, but also increasing demand from the EV space keeping prices high'

goldenshread
05/5/2021
05:46
Worse still the financially redundant and bitter ex holders are posting lies concerning overhead costs at RRR.

This post taken from LSE shows G&A costs are low.




It costs EVERY AIM company £250k/£300k for it's annual listing, that is a well know fact, Nomad, Advisors etc

Recent salaries for RRR have been modest - Bell base salary was £82k in 2020, same in 2019 - total director base salaries were £183,000 in 2020 - comparable to many peers.

G&A costs (which include those salaries) were £600k for both 2020 and 2019 - again comparable to peers.

The running costs of Red Rock are no different to most other junior resource stocks.

the_debt_collector
05/5/2021
05:40
The bashers were saying the same about the BOD at CRCL but the shares price moved from .50p to 2.4p in quick time.

Entry point timing on AIM is essential, I spotted CRCL early and RRR now sits in the same position, news flow will be a share price driver, there will be plenty here.

Buy low sell high.

the_debt_collector
04/5/2021
21:19
Noirua, Can he raise the £20 million though (£10 million net after "Admin expenses")?

Ambitious if you ask me. How many mugs are still left? Have they not all been fleeced yet?

kemche
04/5/2021
17:56
RRR is intending to build up at least £10 million in cash: A figure AB alluded to in a recent podcast. A figure of around £60 million market cap is the company's aim.

Assets are in copper and gold and that seems to be the right metals to be in. RRR's holdings in POW are now valued at around £800k and they have interests in Gold, silver, nickel, and copper.
Red Rock also has investments in gold, manganese, and iron ore to round up the holdings.

noirua
04/5/2021
13:52
lol debt-collector

Desperate stuff

Nothing will ever change here. Not until the BOD is removed in its entirety

The £millions will just continue to disappear via Admin and Expenses. Last year £597,000 went on Admin. Remind me again what income this POS has???

DYOR

torp
04/5/2021
09:16
tdc, another great company.
CZN is a belter too.

kemche
04/5/2021
08:59
I spotted CRCL around .80p and exited at 2p+ mid April, am acquiring here, can see 50%-100% upside in short time once the news-flow starts hitting the market.

Just wait and see, the CRCL board was invested with bashers also.

the_debt_collector
04/5/2021
08:52
Is Ettie delaying the fundraising just to wind me up?
Grrr!

kemche
04/5/2021
08:46
From 2012 to 2019 RRR raised over £16m via confetti issues and dilution and the like

In the same period RRR spent over £12m on Admin and Expenses

That's pretty much all anyone needs to know imho.

There will never imho be any shareholder value because of that situation.


Nominal share price was lowered from 0.1p to 0.01p so that dilution could continue

Shares were subsequently consolidated



This is for me, a total sucker share



DYOR

torp
03/5/2021
19:50
Not the new ones that they are trying to entice.
kemche
03/5/2021
15:50
How can anyone with any sanity advise on investing here with Bell still involved? Everyone knows the score now surely?
onlyroadtoheaven
03/5/2021
13:25
Update: It looks as if Mount Ida is included in the Juno Minerals IPO.


I'm expecting RRR to draw down the remaining US$900,000 of the Riverfort/ YA Global loan if they haven't already done so. With the costs in Australia, DRC, and Kenya plus the £200,000 to convert the Pow warrants, there looks like a need to sell an asset or interest in it during the second half of 2021.

noirua
Chat Pages: Latest  1810  1809  1808  1807  1806  1805  1804  1803  1802  1801  1800  1799  Older

Your Recent History

Delayed Upgrade Clock