Red Rock Resources Share Discussion Threads

[kemche] 12/2/2024 15:31

Bodes well for tomorrow. Whoosh!

[luckyabbeygale] 12/2/2024 15:23

This must be one of the first times in a very long time that a share has ended up in the blue after 10 percent of the company had been converted at around 30 percent lower than the share price

[noirua] 12/2/2024 12:17

It seems DL has done his job OK so far. However, the gloves are now off I hear so fireworks to come.

9,6,6,6,

[kemche] 12/2/2024 11:45

6,3,3,6

Six billion, 300 million,300 thousand, 6 hundred???????

[noirua] 12/2/2024 11:40

OfficerDigby12 Feb '24 - 10:25 - 17224 of 17227
0 1 1
Noirua,
Have you said this could become a shell to a bit coin RTO in some way, (post funding)?
-----

You've got me there OfficerDigby as I haven't mentioned a reverse takeover.
Since DL mentioned Vinanz not a single share has traded on the AQSE or OTCB - funny that. No doubt plans are afoot.

[kemche] 12/2/2024 10:52

Only 3,548,246,811 shares available. Once they are gone they are gone.

NT to buy.

And so it continues.

[officerdigby] 12/2/2024 10:25

Noirua,
Have you said this could become a shell to a bit coin RTO in some way, (post funding)?

I don't know much about his one. But its apparently been on my monitor for 10+years (lucky escape I guess!).

But I like to fish for flat fish.

[noirua] 12/2/2024 09:45

I'm not sure about Red Rock shares this week it could be either a buy or a sell. Though following HE1 we can see QBT is doing quite well as shareholders get some losses on RRR back.
The Bitcoin chart will be added to the header as that looks the way to go as it's entrepreneur advisor to Red Rock David Lenigas's favourite play at the moment. I can't imagine Chairman Andrew Bell has been blind to the signals. AB often latches on to an opportunity circumspectly hastily increasing its certainty.

[eggbird] 12/2/2024 08:32

By tomorrow hopefully!!

[luckyabbeygale] 12/2/2024 08:19

Yes in two months time. By then we will of had the 8m award.

[dead duck resources] 12/2/2024 08:14

That's only part of the outstanding convertible debt so further issues of equity will follow. A big ol' discount with conversion in the 0.06's, gulp.

[luckyabbeygale] 12/2/2024 08:05

Wow conversation out of the way and back to being a buyers paradise.

[noirua] 11/2/2024 14:09

I feel that the next big surprise is likely and the following article gives a clue.

and
David Lenigas advisor:

How could that possibly happen? Well, about $10 million is due to be paid eventually by Kamoto Copper, and who best to advise where some if not a chunk should go? A certain Bitcoin miner needs to move to AIM from the AQSE I reckon.

DL has been brought in probably to oversee the sale of some assets seen as locked in holding RRR's share price back. Maybe just maybe this is the real transformation of the company. Maybe, once more, there will be exciting times ahead.

[dead duck resources] 11/2/2024 12:51

Red Rock Resources @RRR_RedRock
Oct 17, 2023
When will RRR issue RNSs to the market? When there is concrete specific information
to report. Meanwhile, on social media we report people movements and other activity

With DL consulting RRR now issues updates without any concrete specific information;

05/02/2024 DRC Arbitration Process Continues
Our country manager has been invited to a meeting in Kinshasa on Tuesday...
Because of the materiality of our claim, we shall issue a further update next week.
Shouldn't it be the materiality of the news that justifies an update?

[noirua] 11/2/2024 11:56

As President Joe Biden might say: It is better to be wobbly, stammering, and right than to be Fine, Certain, and Upstanding but wrong.

[noirua] 11/2/2024 11:51

Chairman Andrew Bell comments:

"We have had our local associate working on this very important arbitration, and he was advised last week that the arbitration judgment was now due to be released. We have two other lines of communication that have served as a listening post and potentially a back up to ensure the matter is dealt with speedily. Both have now provided the same feedback on timing, and we have had it confirmed that recent delays have been due to the elections and post-election reshuffle.

Our country manager has been invited to a meeting in Kinshasa on Tuesday and we are hopeful that matters will now progress to a satisfactory conclusion. After 18 months, we believe the other side, like us, will want to receive its portion of the sale consideration without further delay.

Because of the materiality of our $7.5m - indeed $10m - claim, we shall issue a further update next week. Expediting the arbitration is at this point our highest priority. It has been a very long process, and not without incident, but we are hopefully approaching the finishing line."

There is no certainty that matters will be concluded as we hope and any actual developments will be notified in accordance with the AIM Rules at the appropriate time.

For further information, please contact:

Andrew Bell 0207 747 9990 Chairman Red Rock Resources Plc

Bob Roberts 0203 8696081 Broker Clear Capital Corporate Broking

[kemche] 10/2/2024 20:31

Agreed Stephen. Chimes with my thinking too.

[steveberyl] 10/2/2024 19:30

Spent much of today looking at International Tribunal results both in USA & France concerning Mining Companies in Africa

Interesting stuff and the name that figures Prominently on regular occasions ???, the Accusations , some of which have been admitted have led to huge amounts of Wonga being left as deposit.

RRR really are a very cheap share and will at some point very soon become extremely wealthy.

[kemche] 10/2/2024 18:57

You will find most of the major Miners post tantalising tweets as a means of communication with their shareholders and Ettie is no different. The news this week will be transformational for the company and I can easily imagine waking up one day and being greeted with a share price beginning with a £.

I shall of course be getting some more with a market order first thing on Monday Morning.

GLA LTHers.

Some excellent research by jlondon, Helpfull and Maidit at the asylum just adds to my confidence.

[dead duck resources] 10/2/2024 18:53

from Final Results
FY to Jun 2022 -£1.5 Million 'to stand still' (admin costs/finance) -£1.1M on projects
FY to Jun 2023 -£2.0 Million 'to stand still' (admin costs/finance) -£0.7M on projects

Predictions for current year?

[kemche] 10/2/2024 17:33

I profitably traded 167 million last week and have ended up with free 63 million shares.

We know how much each of the "assets" cost and are easily worth £800m each.

[noirua] 10/2/2024 15:06

Red Rock is an intraday trading stock or was certainly that last week. I ended up with 3.3 million more shares at the close on Friday having bought and sold 43 million shares during the week.
As to next week, we must wait and see.
Several here jest but I suspect are serious traders behind it all - good luck.

Red Rock is seen as a company with locked-in assets. So it has high prospects if they can be released and that goes for debts owed to them in DRC.

[luckyabbeygale] 10/2/2024 14:09

So many idiots who sold on Friday going against the new positive trend we have here.

This is what British Bulls has to say,

Signal Update
Our system’s recommendation today is to STAY LONG. The previous BUY signal was issued on 25/01/2024, 15 days ago, when the stock price was 0.0732. Since then RRR.L has risen by +36.61%.
Market Outlook
You may relax since our STAY LONG position is secure. The share price is above the confirmation level, and we still have the scope to let the profits run. The market action does not cast a serious doubt on the wisdom of going long.