Red Rock Resources Share Discussion Threads

[kemche] 23/8/2022 20:05

"Arbitration decision was made recently"

Has the arbitration commenced, concluded, and judgement given??? Bloody hell that was quick! Did they do that overnight? THE DRC can teach the British a thing or two.

In light of this new information I have reviewed my estimates for tomorrow - I am now going for a 25p at the open and 76p by COP.

Thanks Kurt. We're going to be rich beyond the dreams of avarice.

GLA STHers!

[undertaker] 23/8/2022 19:51

nothing new then!

[captain_kurt] 23/8/2022 19:44

Arbitration decision was made recently, Just waiting for documentation

[undertaker] 23/8/2022 19:39

they've been waiting on that doc for weeks.... is it happening tomorrow?

[captain_kurt] 23/8/2022 19:33

We now know why someone bought 3M shares this afternoon :)

RRR waiting on Arbitration award documentation then they can RNS !

[noirua] 23/8/2022 19:26

If you miss this evenings event this link will eventually show the video:

[noirua] 23/8/2022 18:44

Ah yes, kemche. This will do wonders for your virtual holding. As we know the fall from 1.35p was caused by those horrible people not letting our Bosnia Herzegovina asset have electricity on the cheap and our good friend giving them £1.1 million to pour down the drain.

ON the Arbitration this rarely takes less than 9 months unless a deal is done usually before the start. The first phase involves both sides being asked to provide all the information and paperwork to the commission.
In this case it looks reasonably straight forward. However, either side might be allowed an appeal and I'm unsure how this goes in DRC.

The longest International Arbitration took 14 years and was last reported in a Chinese court about a year after that - held up by two annoying people passing and a commissioner retiring.

I remember Shaft Seekers Limited being taken to Arbitration but they went bust early on.
White Mining Limited v PT Bayan June 2015 still in Arbitration Appeal and expected to conclude in 2023.
Oxus Gold v Uzbekistan 2012 finally concluded in an American court in 2019 in Colombia. - Oxus Gold went bust in 2016 anyway.

[kemche] 23/8/2022 16:34

Whoosh at the open tomorrow. Expecting 1.5p at the open before settling at 3.5p.

GLA STHers!

[fillipe] 23/8/2022 16:26

The bests of the bid/ask on show are 0.60p v 0.65p.
that's for 300k - 400k lots.

f

[captain_kurt] 23/8/2022 16:17

3M buy reported late :0

[m1sterx] 23/8/2022 16:16

Order for just 100,000 shares rejected by IG just now.

[captain_kurt] 23/8/2022 15:30

Not so fast Kemche.

Two steps at a time lol

[kemche] 23/8/2022 15:16

No stock available anywhere - all sold out.

Whoosh tomorrow on the back of tonight's revelations.

Chart clear to 13.75p.

[m1sterx] 23/8/2022 15:14

If this breaks .65p there is no material chart resistance back to 1.3p, last years high.

[broken_arrow1] 23/8/2022 15:02

Nothing available online currently with most retail brokers using Proquote.

[m1sterx] 23/8/2022 14:49

From LSE today..........




There appears to be a persistent buyer of RRR equity over recent months, anything that is sold is quickly taken off the market, it seems a re-rate is happening before our very eyes, on AIM moves can be gradual or sudden, upside momentum is building.

The shares traded at 1.35p last year, this was before the potential of a significant monetary outcome in the Congo.

The interview this evening will be interesting, the current m/cap of RRR is only £7.5m.

[captain_kurt] 23/8/2022 14:31

Red Rock Resources interview on stockbox tonight at 7pm.

Fingers crossed the arbitration decision award is in our favour.

Plus the elephant oil IPO is finally happening in the coming weeks

[noirua] 21/8/2022 00:52

August 19, 2022 ( weekend reading )

The Most Difficult Storm of All to Weather

[noirua] 21/8/2022 00:48

August 19, 2022 ( weekend Reading )

Buffett Still a Bull, Albeit a Slightly More Sheepish One

[noirua] 19/8/2022 16:05

Apologies for pushing the share price down as I had to reduce my holding to 6m shares as another transaction ran me out of cash. Nothing to do with my view of the company just a miscalculation.

[noirua] 19/8/2022 13:24

The gold price is slipping in US$ terms but rising in A$ terms and even more so in dilapidated GB£s. The £s fall against the A$ continues to improve matters further. The gold and silver sector down under is not nearly as drab as in the US and Canada. Exploration has hit a boom period in gold.

[captain_kurt] 19/8/2022 11:28

Yes, they probably wanted more. Have to buy in the open market now

[mininglamp] 19/8/2022 11:07

I see the issue of the notes as a bullish signal, they are going to supporters of the company who understand that significant value could be unlocked, they are clearly keen to increase their stake in Red Rock.

I believe Mr Lundy is a major shareholder in Red Rock and Elephant Oil, it appears the major shareholders are fully supportive of Red Rock at this time.

There will be an interview & Q&A event with Mr Bell next Tuesday, it will be a interesting listen + I expect some news beforehand.

Red Rock looks primed for a decent move, the shares were 1.35p last year before recent developments.