Red Rock Resources Share Discussion Threads

[captain_kurt] 22/2/2023 19:28

Interesting trades in the last 30mins. News tomorrow ?

[noirua] 22/2/2023 17:13

Well, guys here is the Red Rock Resources PLC chart going back to 2008 that shows the real truth. There we go!


High point was intraday at 20p on 14 November 2010.
Today's price is 0.295p.
£10,000 is now worth £147.49
£10,000 invested in Microsoft in 2010 would be worth £170,000.

So to get back a person's money plus inflation Red Rock shares will have to rise from 0.295p to 33p. A rise of 11,200%, a 112 bagger.

In 27 years, Monster has generated a total return of 260,061%, making it the best-performing S&P 500 stock of the past three decades. In 2015, Monster struck a deal with Coca-Cola Co. (KO) in which Coca-Cola took a 19% ownership stake in Monster in return for Coca-Cola becoming Monster's primary global distributor.

I feel in my waters that Red Rock could beat Monster and achieve a price of £8.00p. This would make most of us multi-millionaires. AB would be heralded as a miracle mining explorer and placed in the record books and shareholding worth £8 billion. - jolly fine show old chap - in anticipation.

[kemche] 22/2/2023 14:01

Imminent I would hazard to guess.

[noirua] 22/2/2023 13:28

A bid for Red Rock to close out the DRC problems is ever closer. The situation concerning Diversified appears hopefully to be only a short-term problem.

[kemche] 22/2/2023 12:18

We should buy CRCL after their cracking announcement this morning. Junior has learnt well from the master.

It's all about Zimbabwe now where operations should begin imminently and for once and for all.

[noirua] 22/2/2023 11:00

At least this share, Buxton Resources, has gone right for me offsetting part of my Red Rock paper loss. Probably luck after 14 years of drilling to find Australia's highest grade graphite that is extending towards a possible major find. Red Rock was in a similar position with Musonoi Area One in fact a far better one before VUP SA and Gecamines SA stole their 50.1% interest from them, Gecamines a Democratic Republic of Congo Company. So hang in there for at least US$100 million or publicise the fact to all the world's mining explorers, "AVOID THE DEMOCRATIC REPUBLIC OF CONGO AND GECAMINES LIKE THE PLAGUE".

Buxton Resources Limited - Https://bazaartrend.com/au-australia/bux-stock-price#.Y_YEynbP1WI
The above is not a suggestion to buy Buxton Resources shares it is really all about Red Rock Resources PLC and the Musonoi Area One tenement interest stolen from them by VUP SA and Gecamines SA.

[algernon2] 21/2/2023 18:33

...be rewarded?!!!!

[noirua] 21/2/2023 16:52

Remain patient, a lot more is going on behind the scenes than most know about, it is a virtue that should...

[noirua] 21/2/2023 08:30

There may be time it looks for Red Rock to consider any returns from DRC by reinvesting in Jupiter Mines Limited ASX: JMS. The company's mine has a further 120 years mine life likely to be raised to 130 years. The shares have recovered of late to 24.5c and are still on a yield of 8.5% likely to be raised as the 49.9% owned Tshipi Borwa mine comes in with a dividend up 50%.

Tshipi's Final Dividend rises 50% from the previous year. The JMS dividend is expected to rise but due to the weak Rand probably be only 25% in AUDs.

[kemche] 20/2/2023 13:50

QS, they are scaling back the over-subscribers.

[failedqs] 20/2/2023 13:45

Looks like Elephant Oil didn't start trading last week, does anyone know if there's a revised IPO date now?Or have I just missed it, and it's trading at $30?!?!

[kemche] 20/2/2023 10:47

Some will ALWAYS defend the BOD so in thrall are they. They will glibly make light of decades of theievery. Some will resort to inventing and concocting fairytales of others' supposed past shareholdings. Charlatans and shills galore.

I continue to average down ahead of mining commencement in Zimbabwe ( for which we paid $36.45) and the imminent IPO of Aussie operations (for which we paid $1,368). Both were missed out by supermajors and should be worth about £965m.

I continue to buy and will get more at the next fundraising.

GLA LTHers!

PS strong ELEP debut.

Whoosh!

[noirua] 20/2/2023 10:33

Those who have been with ADVFN for many years will openly know how Red Rock Resources PLC works. So investing or punting the company will no longer leave a surprise at their front door or those who quietly follow events.

With small mining explorers or other microcaps, the directors, salaries, expenses, and pensions add up to a high percentage of the market cap. A few near death's front door over 50% - one over 100% and many still trade it.

If you think the two principal directors at RRR are worth a merry punt have ago? If it all goes pear shape then never mind. If it worries you to death buy Premium Bonds - noting the percentage paid on prizes over the last year indicates an average loss of 8% due to inflation. Never mind aye, such is life we all die anyway.

If you have itchy palms reading this it could foresee great things about to happen.

[wealth_creator] 20/2/2023 06:37

Andrew Bell has been extracting shareholder cash for years on end - the process continues infinitum - he will do so until the grim reaper comes knocking.

One of the most toxic BOD's on AIM - Bell/Kaintz/Borelli

[mrmark1] 19/2/2023 22:13

Zimbabwe Lithium update this week?PREM has been flying recently. Would be good to follow the momentum https://twitter.com/ma_dzimbahwe/status/1611367080317657090?s=46&t=RUIslreQL_qkznRknwUlpg

[kemche] 19/2/2023 13:33

A TR1 will then be issued listing Diversified as a major II. Then whoosh!

But first the fundraising.

[noirua] 19/2/2023 12:46

Following on from the last post.
For the nearest 5 dates, RRR shares were under 0.3p at the close. February 1, 2, and 19, and January 31 and 30.
In terms of trading days numbering 20 the last date as of today Sunday 19 February for Diversified to pay $500,000 or $1,000,00 for share conversion at 0.2p ( $548,000 or $1,096,000 ) is Friday 24th February to Sunday 26 February. If the subsequent days close under 0.3p the date moves forward one day on each event: The earlier days to February 2 then drop out in order.

[kemche] 18/2/2023 13:04

Strong debut for ELEP bodes well for RRAL.

But first the fundraising.

[noirua] 18/2/2023 12:18

NBGC (RRAL) a not forgotten asset has failed to IPO so far for two reasons. One is the downtrodden position of the gold sector generally and the second is the need to have some good gold drilling results from assays for the recent drilling at Berringa. I guess if they are good both POW and RRR will have a third dilemma in whether to drill further before an IPO. Then comes the IPO and as both companies need cash they will need to have a detailed plan to pad out their Bank accounts quickly.

AB has refused to guess a date for the IPO and PJ has guessed and been found wanting in just that department. Jupiter Mines ASX: JMS waited six years to refloat the company waiting for the manganese mine to reach production and the manganese price to improve - they got it right - the share price was 8.1c in 2012 and was over 40c on its return in 2018. So timing is all of the importance here.

[kemche] 18/2/2023 11:19

It's all about the Mt Ida production now which should be imminent.
Then whoosh!

But first the fundraising.

[noirua] 18/2/2023 10:31

A bit off-topic these days is Jupiter Mines Limited once the major kingpin of Red Rock Resources' asset base and future income. The shares are all sold now and all the cash is spent - Good grief and begorrah.

Some of us bought back in seeing the share price tank and maybe Red Rock should be doing the same if it could. The shares stand at 23.5c on a yield of 8.7% with manganese gaining ground in price. The company's mine has reserves for over 100 years and no exploration costs. Cash arrives and is paid in dividends to shareholders. Why is the share price so low? Many ponder this one and Red Rock should as well.


AB would point out quite rightly that Red Rock still holds iron ore royalties over Mount IDA's eventual production. Should production ever come to pass the value would exceed Red Rock's present market cap. very many times.

A NOT TO BE FORGOTTEN ASSET!
AUSTRALIA. b). Mount Ida Royalty: Red Rock holds a 0.75% Gross Revenue Iron Ore Royalty (GRR) over Mt Ida, and a further 0.45% GRR over Mt Ida which transfers in two tranches to Anglo Pacific Group plc for consideration of USD8,000,000 upon the reaching of certain development milestones.
The Mount Ida iron ore reserves were transferred to Juno Minerals Limited on the IPO of the company.
The Central Yilgarn Iron Ore Project consists of (a) the Mt Ida magnetite deposit, where a 1.23 bn ton JORC compliant Indicated Resource of 29.79% Fe in its Central Zone, capable of beneficiation to a 66.65% concentrate, and a JORC compliant Inferred Resource of 615m tons at 28.86% in the Northern and Southern Zones, was announced by Jupiter on 8 January 2013.
Juno Minerals:
Mount Ida:

[kemche] 17/2/2023 17:12

Strong debut as expected.

[kemche] 17/2/2023 14:57

Game changer! All entities will pile in. No stock available.

etc