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% 0.45 0.40 0.50 0.45 0.45 0.45 80,954 08:00:07
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -1.7 -0.3 - 3

Red Rock Resources Share Discussion Threads

Showing 43626 to 43648 of 43650 messages
Chat Pages: 1746  1745  1744  1743  1742  1741  1740  1739  1738  1737  1736  1735  Older
DateSubjectAuthorDiscuss
21/1/2020
16:01
No room in heaven for Charlatans.
seagullsslimjim
20/1/2020
18:13
"Looking after yourself by Noirua" I wouldn't worry about your body Noirua. Ultimately it is doomed to die. Your dignity and reputation are more worthy things to try and preserve. The longer you shamelessly pump this total POS stock the more and more damage you do to those 2 precious things.
torp
20/1/2020
15:46
orm expecting a great week,with the seller out!Mcap of 3 mil can not justify 5.5 mil cash and another asset without debts!Feel Sorry for previous shareholders who got the -70% drop after the sell of tungsten mine,but cash is twice the mcap without debts!
costax1654x
20/1/2020
14:43
Looking forward most to Bells abdication! Wonder if a distant relative of his captained the Titanic?
seagullsslimjim
20/1/2020
13:22
Abdication of King Edward VIII, King and Emporer: Https://youtu.be/hqosQROqzFY Speech of abdication of Royal duties by Prince Harry: Https://www.youtube.com/watch?v=oQgdloE3GOc Abdiction of Pope Benedict: Https://youtu.be/g-NJNSBNsyk Looking after yourself by Noirua: Https://www.webmd.com/dvt/ss/slideshow-deep-vein-thrombosis-overview?ecd=wnl_spr_122719_REMAIL&ctr=wnl-spr-122719-REMAIL_nsl-LeadModule_cta&mb=rdkRubj8zXFn4Y9Sa6bseuHnVev1imbCexA6bcodQzU%3d
noirua
20/1/2020
09:46
orm expecting a great week,with the seller out!Mcap of 3 mil can not justify 5.5 mil cash and another asset without debts!Feel Sorry for previous shareholders who got the -70% drop after the sell of tungsten mine,but cash is twice the mcap without debts!
costax1654x
19/1/2020
17:15
Worse still the recent annual report (to end June) stated that there was: - Just £64k cash in the bank - Total Current Liabilities of £2.8m
torp
19/1/2020
15:06
RRR recent past losses, amounts raised through confetti issues and amounts expended on Admin and other expenses: 2012 - Loss - £1,962,882 - raised £4,441,844 - Admin £2,275,786 2013 - Loss - £22,105,562 - raised £4,103,795 - Admin £4,751,948 2014 - Loss - £4,113,460 - raised £2,723,861 - Admin £1,563,808 2015 - Loss - £8,411,541 - raised £2,327,377 - Admin £1,334,404 2016 - Loss - £283,280 - raised £1,155,323 - Admin £758,351 2017 - Loss - £1,114,213 - raised £300,000 - Admin £644,688 Total Raised - £15,052,200 Total Admin - £11,328,985 SP utterly destroyed No shareholder value here as the available monies go to expenses and admin imho. DYOR
torp
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/ A subsidiary of Acacia Mining Limited ( part of Barrick Mining ), AEK Acacia Exploration Kenya Ltd., may be in the frame should RRR be awarded a Mining License for its own subsidiary Mid Migori mining Limited. It is possible their involvement would please the Kenyan authorities who have raised concerns in the past about progress. Certainly Red Rock should be pleased with this or a similar outcome. Uncertainty of course all round and RRR have been given the runaround on this one in the last 4+ years. Having spent over US$10 million on the project they may get back a great deal with a big partner taking a high percentage of the project leaving Red Rock with cash and ongoing royalties. I doubt a company the size of Barrick would want a mining micro-cap in tow. If that happens then AB rises like a Phoenix. Https://pbs.twimg.com/media/DaZ9jgpW0AEkf_u.jpg
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
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