Red Rock Resources Share Discussion Threads

[dicko80] 15/1/2025 13:36

Cyber

Local partner sold the licence behind RRR back for $20m

We are entitled to 50.1%

The licence was then sold on for hundreds of millions, this will be stage 2

[cyberbub] 15/1/2025 13:33

Can anyone explain the Arbitration for Stage 1 element of the award? The stupid new ADVFN app only goes back a handful of RNSes now and I can't access the website. Thx

[the bull] 15/1/2025 13:33

Just added 900K ish.Will bell spend it all

[the bull] 15/1/2025 13:29

Invested today = outrageous All the suffering we have been throughWill we be rich

[noirua] 15/1/2025 13:27

Available at under 0.045p.

[gopher1981] 15/1/2025 13:23

I have invested here today. First time in rrr

[dicko80] 15/1/2025 13:21

Yes as a reminder

Conclusion of Arbitration

Potential cash due

50% of $20m plus $2.5m, upto $12.5m for stage 1

Mkt cap £2m

[noirua] 15/1/2025 13:20

Red Rock Resources PLC - ("Red Rock" or the "Company")

Follow up - DRC - Conclusion of Arbitration


15 January 2025


Red Rock Resources Plc, ("Red Rock" or "the Company"), the natural resource exploration and development company with interests in gold, base metals, battery metals, and hydrocarbons principally in Africa and Australia announces an update on the DRC further to its announcement of 6th November 2024.

Over the Christmas and New Year period Red Rock representatives met with various parties in Kinshasa in connection with the pending Arbitration result and to advance the framework agreement with Koto DRC SARL.

In relation to the former, Red Rock has received an official invitation from the Cabinet du Chef d'Etat, which conducted the Arbitration, to a working meeting of the parties next Wednesday, 22nd January 2025, at the Palais de la Nation, with the intention that the matter be concluded and payments arranged.

The Company will provide an update next week.

[dicko80] 15/1/2025 13:09

Excellent 👌

[arlington chetwynd talbott] 15/1/2025 13:08

Well done kemche, your optimism was well founded, as it turned out.

[kemche] 15/1/2025 11:08

With no debts or CLNs, Kansai to repay all the money will be returned to shareholders as a special dividend.

Gla lth'ers!

[dicko80] 15/1/2025 10:27

The successful release of the arbitration, potentially is not only many multiples cash vs mkt cap but will be transformational for the company

You can see the clear development plans for growth with BF and CI, on success of the arbitration

Let’s not forget Kenya gold JORC if they can sort out and even a fire sale would be multiples of mkt cap

Then oz gold licences , $166m deal for 2m oz in Western Australia announce yesterday

And also the cash generative from day 1 large project in DRC

[dicko80] 15/1/2025 09:59

Yes kem started to come through

Buys at 0.0373 now buy price 0.038

[kemche] 15/1/2025 09:28

Volume will come soon.

[dicko80] 15/1/2025 09:19

0.0396 just gone through

Just need a bit of volume

[dicko80] 15/1/2025 08:09

Here we go

Bid moving up on buys

[kemche] 14/1/2025 16:45

Huge buys on the bid tells me someone knows something. GLA LTHers!

[dicko80] 14/1/2025 15:52

Bring it home Andrew , you’ve got this 👏

[1waving] 14/1/2025 15:49

.
Good news, Bell is in Kinshasa ..... and so is the Arbitration Court.
Seems to be making very good progress, or in his words "Roaring Ahead"

Time for RRR to pick up the $12+ Million Arbitration Award.

.

[kemche] 14/1/2025 15:33

He could soon come out of there holding a letter like Neville Chamberlain! "We have an agreement in our time"!

[dicko80] 14/1/2025 15:13

Yes Kem it’s coming home 💰👏🔥

[kemche] 14/1/2025 15:10

Ante-room of the presidential palace again?

Whoosh!

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