Red Rock Resources Share Discussion Threads

[kemche] 07/11/2024 20:44

Which reminds me we haven't done Mt flippin Ada for a while. If someone would be so kind to do that for tomorrow I would appreciate it. Thanks.

And the price of Manganeze - the price of gold is handled on a daily basis at the other place so no need to here.

[kemche] 07/11/2024 20:39

"We want RESULTS." - what has that got to do with RRR?

"We want COLD HARD CASH INCOME."- what has that got to do with RRR?

"We want FACT." - here they are - Amulet, Steelmin, Greenland, Candy Crush, Migori, 5 Chinese buyers, ALR, 200T of lithium, Luanshimba, Cyprus, Shyte Creek, Zimbabwe, DRC, $10m, $5m, $400m, ELEP, Australia, Burkina Faso, Ivory Coast, termites, ants, exports, equipment, gold f'in everywhere, Sam, Patrick, Leni, Lemon, Mt flippin Ada, manganese, copper, oil, silver, antibodies, Rick Rule, Pierre Lasonde, Rob Rinder, Gina Reinhart, Paul Johnson, nearology, farology, Bolitho, Black, Topham, Lundy, Ritalin Boy, Wibble Meister, NikeAir, confounded, the collector of debts, entities, mininglamp, arbitration, judgement, "presidency", the president (of BF AND DRC!!!), ministers, pastors, priests, .......

Oh! And Kaintz!!!

FACTS??? You can't handle facts!!

[kemche] 07/11/2024 15:56

Debbiesmith is all over GEX now.

[neilll77] 07/11/2024 15:52

A new post 5 minutes ago from the official
Georgina Energy [GEX] X PAGE

#GEX Update: We’re fully funded & advancing across our portfolio. With Hussar drilling set for December and progress at Mt Winter, we are on track for major milestones in the coming weeks. See our recent Operational Update below👇

Looks set to blow over at GEX.

NT @ 8.87p... IPO was 12.50p and CEO has millions of own cash invested AND the Distressed seller Premier Milton have fully sold!!!!

hxxps://x.com/GeorginaEnergy/status/1854525478964506812?t=Lzg8r4FfxREmSCw7FklE0w&s=19

Debs
X

[kemche] 07/11/2024 15:40

It's all about the Lemon now.

[noirua] 07/11/2024 09:52

SOMA GOLD PRESENTATION

[noirua] 07/11/2024 09:41

Outlook for the balance of 2024 - SOMA GOLD

Continue exploration of the expanded property package along the Otu fault to build total resources and
bring the permitted Machuca mine into production and complete the permit application process for the
Nechi mine to increase minable resources to feed the el Limon and El Bagre mills.
Advance the formalization process of small miners working on the Company’s concessions,
aiming for 10% of the ounces produced to be from these small miners.

Continue discussions with local permitted small miners to facilitate contract processing at the El Limon mill.
Review additional strategic additions to the Company’s concession package, focusing on trends
identified by the exploration program.
Drill the Cordero deposit at depth using the new underground drill purchased by the Company to
confirm the deposit’s extension, increasing the Cordero resource.

Geoff Hampson, Soma’s President and CEO, states, “The transition to a conventional mining method
continued in Q1, increasing costs per ounce. This transition will largely be completed by the end of Q2,
coinciding with the opening of higher-grade zones. The combination of higher grades, reduced
development and waste rock, and an increase in the number of stopes will all contribute to a strong
second half of the year. We are very pleased with the progress made in understanding and interpreting
the structural geology, which we believe will lead to additional resources, even in some of the mines on
our property that were thought to be depleted.”

[kemche] 06/11/2024 21:56

That's huuuge news Noirua. Thanks. A big whoosh tomorrow!

[kemche] 06/11/2024 11:50

If only News/jlondon/Ritalin boy was around as he would have analysed the RNS to F!

[kemche] 06/11/2024 11:20

"In the DRC we anticipate (and why not? We have been for a while now) the final arbitration meeting possibly this week, (but then again possibly not as imminence is a moving feast when we are involved) and progress with other discussions is as noted, (was there ever a time when progress was not made?) with site visits planned within days.(how did the previous ones pan out?) Not all the progress merits separate announcement, (agreed. As you have always been reticent, almost shy, to issue hyperbolic, exaggerated, nonsensical, unbelievable cobblers) but we consider that we are in a solid and improving position. (if pushed, would you say you were in a "good place"???)"

"In Australia, the limited sampling on private ground we have carried out in the Kilmore licence in the Melbourne Zone near Southern Cross' Sunday Creek gold-antimony discovery has not yet identified strong anomalism." (Oh hard luck dear boy)

"However, south of Ballarat in the Bendigo Zone to the west of Kilmore, we have identified the possibility of a new gold discovery with potential for accessory antimony" ( That is exactly what the shareholders have been clamouring for - possibilities and potentiality)

"Given the location and land access, and only 20 km from the existing Ballarat gold mine plant, this is a significant development." (Significant development????? How so????? FFS!)

"following the "Quick-start" Project path projected in the Company's announcement" (there have been numerous projections over a considerable time now so do excuse us if we take that with a large sack of sodium)

"Some 16 days of October were spent sourcing equipment for prospecting and small scale gold production on the Company's behalf." (And there was us thinking months were spent sourcing equipment which were all en-route via ships. Did they divert via Bermuda????)

"The first batch of equipment has been invoiced to and paid by the Company" ( Is that the previous ones or the current ones??? Were the previous ones paid in full??? Were they insured???)

"The Company expects to meet the timing targets set out in the announcement of 7th October 2027." ( My god! You are already drafting future excuses???? Are you totally devoid of shame??? October 2027??? Will the company be around then?? Will you???)

The rest is just the usual anomolisms a la Ettie.

[affemoose] 06/11/2024 10:37

lol, they are just indicators backmarker - often associated with Gold. Sometimes/often etc caveat emptor.

[affemoose] 06/11/2024 09:00

Well well - another RNS.

Summary -

1. RRR have bought some kit for 'small scale' production to start in BF. (Whatever happened to that kit that was 'bought' last year and being shipped out? Hmmm?)

2. DRC Money is 'soon' - how long have we heard that?

3. Some positive small scale tests for Aus

On the BF front - they have bought a Niton XL2 980 Plus analyser. This is a nice little bit of kit tbh - hxxps://www.nitonuk.co.uk/wp-content/uploads/NitonUK-XL2-Plus-LOD-Mining-Soils-V1-Sep-19.pdf

Note the use in BF will be soils (I assume) so the ppm on the right are relevant. It's them termite mounds again!! but... a good start to get some actual numbers.

All in - I am ignoring everything here except BF. This company needs cash fast.... like very very fast. BF cannot generate any cash in the timelines RRR have to meet outgoings so yes - another whopping placement expected.

I also expect lots of nice RNS's with data from the new toy in BF, PPM/Grades etc

But the key will be throughput - Yardage through a plant and recovery vs. Costs. That is the million $$$ - scaling up will be expensive but will be needed as small scale will not pay the bills in a contract run mine or otherwise let alone a company that likes to spend money like RRR.

My advice is to focus on yardage, recovery & costs in BF and don't get distracted by all the spurious possibly probably promisingly agreeably imminently potentially wafflage that gets churned out

[affemoose] 05/11/2024 13:33

BTW - the Framework photo:--

Notice the following pls:

1. There is only 1 place setting at the table
2. Only Bell is eating
3. Bell hasn't even started his meal
4. The other fella looks downright uncomfortable, physically being pulled towards Bell, he could straighten his arm and stand upright but he's not.

So using my Sherlock Holmsian powers of deduction i'd say that the framework negotiation happened elsewhere, it was an opportune meeting called last minute for a signature and nothing else. Total meeting time - 1 drink for Patrick.

So who is Patrick Tuseku? This is him: hxxps://www.linkedin.com/in/patrick-tuseku-92a983116/?originalSubdomain=cd

He is MD of 2 companies - 1 "Germany Congo Systems SARL" & "koto drc sarl" but details about both are a bit absent i'm afraid. I can't find any references at all about them. But Paddy looks like he's been the MD for 12 years or more.

Given the paucity of data - I am wondering what KOTO are bring to the table - other than an empty glass and a sheaf of A4.

But given that there is nothing to work on from the RRR side either - perhaps it's a match made in heaven

[affemoose] 05/11/2024 12:29

This is on ExtractiveIndustries website:

"The company said it had also signed a framework agreement with its local associate Koto DRC SARL for an equal new joint venture, conditional on acquiring suitable assets.

Red Rock expects to return next week to visit “various locations”."

May i summarise this as being - "We signed paper that we'd work together if we get anything to work on and we are not bankrupt"? Fair?

[noirua] 05/11/2024 12:02

Red Rock's interest in Jimano has an array of direct and indirect connections within a web of about 64 companies with an overall connection to Fidesta Limited of BVI, Cyprus and Seychelles. Fidesta appears to be the overall controlling outfit in BVI.
Though Red Rock has an individual shared interest with Fidesta in Jimano.

Red Rock has not made any updates concerning its Jimano interest or profitability.

[noirua] 05/11/2024 09:32

E). - Jimano Limited, Cyprus - Holding is 50%.
JIMANO LTD was registered in Cyprus on November 13, 2019, as a Limited Company.
The Registration Number for this Cyprus Limited Company as held by the Official Government
of the Cyprus Registrar Of Companies is ΗΕ404030. The Organisation Status is Active.
There are 2 Officials currently on file.
The address of the company is Στροβόλου ( Strovolou ), 77, STROVOLOS CENTER, Floor 4,
Flat 401, Λευκωσία, Κύπρος ( Lefkosia, Nicosia, Cyprus ).
Map:
As for the officials as seen by the Official Cyprus Registrar at the point in time when the data
were collected, FIDESTA MANAGEMENT LTD ( Cyprus Company registered in the British
Virgin Islands ) holds the position of Director, ΕΥΡΙΠΙΔΗΣ ΠΑΥΛΟΥ (EVRIPIDIS PAVLOU)
holds the position of Secretary.
Fidesta Management Limited -

Fidesta Limited's Website:
CYPRUS CORPORATE REGISTRY:

Related companies of Fidesta Management:
Network showing conection of Jimano Limited to Fidesta:
While the British Virgin Islands is probably the most popular offshore jurisdiction in the world, it is quite natural to also look for available alternatives. Therefore, we are not limited to offering offshore company incorporations only in the BVI. We have our own group offices located in two other jurisdictions. One office is located in renowned offshore tax haven – Seychelles and second office is located in European jurisdiction – Cyprus, all being part of our Fidelity Corporate Services group of registered agent firms.

Just like us, our group partners are licensed to provide offshore company formation and management services from their home jurisdictions. Just like us, they are source providers of professional and cost-efficient offshore company registrations and company management services.

So, if BVI does not happen to be suitable for Your offshore incorporation needs, please feel free to check out the following links. In these short pages we have prepared brief summaries on the main corporate features, types of offshore companies and services available from our sister offices in Seychelles and Cyprus.

SEYCHELLES – Incorporation and management of Seychelles International Business Companies and Special License Companies, registration of trusts and trustee services – provided by Fidelity Corporate Services (Seychelles) Ltd.

CYPRUS – Formation and management of Cyprus companies, assistance with special licensing requirements by CySEC-provided by Fidesta Ltd, Cyprus.

[determined] 04/11/2024 15:27

A deal for billions is concluded over a meal of burgers and fries.


At least he's being prudent with the remaining shareholder funds!!!

[kemche] 04/11/2024 14:45

I think we can all agree that it is all about the termites now and I suspect the termites will report that the gold reading are off the f'in charts.

POW and CLNs pending. Shareholders supportive.

GLA LTHers!

[noirua] 04/11/2024 12:54

Andrew Bell of RRR with Patrick Tuseku of Koto DRC SARL, signing a framework agreement

[kemche] 04/11/2024 09:54

My guess is that a combination of $20 million in hard cash to be repatriated immediately AND a deal worth at least $400 million (and immediately cash flow positive) will be offered on the proviso that all further international litigation be ceased. This deal will be sealed with a burger and chips state supper hosted by the president of the DRC, along with the entire cabinet, with Ettie as the guest of state. This will be held at the Wetherspoons equivalent in Kinshasa.

The news will be conveyed by the usual official channel of an Ettie tweet without bothering the Nomad nor the official RNS channel so as not to draw attention to the enormity of the news and the deal. This will inevitable lead to a stampede for shares which will be forever etched in RRR history as MOFO Tuesday.

GLA LTHers!

All the sells are buys and NT to buy.

We await news from Cyprus of the receipt of money.

[highley1] 04/11/2024 07:56

My theory is this.

RRR will not be offered the cash from the DRC, but a project where the value attributed will be far higher than the cash AB is seeking.

That way he can claim victory and add yet another project to the growing list.

Just my guess..