Red Rock Resources Share Discussion Threads

[arlington chetwynd talbott] 16/1/2025 10:42

3p? 5p? You are a disgrace. Like I said: go big or go home.

[affemoose] 16/1/2025 09:48

I wish every long-suffering holder of RRR the very best of luck, and I am genuine about that.

You can however look at the Share price and see exactly what the market thinks about the odds of a game changing amount of money arriving. Nobody but a few believe Mr Bell. For a good reason. The daft numbers being floated around here should re-rate this share up many fold. But those numbers are just that - Daft.

Lets be honest - even a $5million award that is actually paid is is worth a multiple of this company. Take out loan repayments, cash for operations etc etc and you probably have a 100% uplift in share price

IF it happens
IF it doesnt get spent on some other daft project

BUT.... How many times have the long-term watchers of the Red Rock had hope that is only dashed on the Rocks themselves?

Be careful - there is no promise of anything in the RNS. It is merely a meeting. It could be amazingly positive but it could end up as nothing.

SO, I have popcorn at the ready, my fingers are crossed for you all. But I cannot buy - repeating the same action and expecting different results is not something that this Moose can stomach.

Be a good time for a placement though wouldn't it..

GLA

[dicko80] 16/1/2025 08:42

Nt to buy anything over 3m

[kemche] 16/1/2025 08:00

Cannot argue against professionals

RE: Gold
Plus gold royalties from EL , ops due to recommence

that alone covers mkt cap

[gopher1981] 16/1/2025 07:59

Should be a strong volume morning. Hopefully we can break away from these levels.The spread doing us no favours

[kemche] 16/1/2025 01:11

I cannot remember what my exit strategy was on this one, I think it was 5p but perhaps 3p would be more realistic

[kemche] 16/1/2025 00:42

I think this explains the flurry of forward buying.

[kemche] 16/1/2025 00:40

The bull, eminently sensible.
I would go for $235m to wrap it up quickly. I think this would be agreeable to both sides to avoid a protracted $ billion tussle. We know that both sides are willing to do a deal and that is why an immediately cashflow positive prospect is in the offing with seemingly no payment sought. Is this a tacit sweetener???? Possibly so especially if it yields circa $50 million in free cashflow per annum. Stick that on a pe of 20 and we are really cooking!

It is for this very reason that I have been averaging down over the last couple of decades.

Gla lth'ers!

[the bull] 15/1/2025 23:37

No chance of a big payout from Glencore, they could bleed our $12M with legal fees for several months. Sensible guesses please. I will Start = $40M

That's enough to propel us if Bell Boy doesn't blow it before he gets back. Is Leny getting a huge cut of this by the way?

[arlington chetwynd talbott] 15/1/2025 23:07

Not good enough. Put your back into it.

[arlington chetwynd talbott] 15/1/2025 16:52

Only 120p? Only $1billion? You disappoint me. Go big or go home.

[kemche] 15/1/2025 15:58

IIs taking positions I sense. If they manage to get punitive and exemplary damages against Glen the we could be looking at north of $1 billion!!!!

[cyberbub] 15/1/2025 15:52

Big 47m trade gone through

[kemche] 15/1/2025 15:51

The shorts will have to close soon and then whoosh!

[dicko80] 15/1/2025 15:47

Interview out

“First of many actions “

[1waving] 15/1/2025 15:29

.
Excellent news.

The new project in the DRC ----- Have always wondered if that is going to be the pay off, engineered by the major companies involved in a potential phase 2 Court case. If that project is so good it throws off cash straight away and is immediately valued at tens of millions or more, we may not see a phase 2 arbitration case.

Just a thought.

We'll see when the new project is announced.
.

[cyberbub] 15/1/2025 15:15

Will be interesting to see if he comments specifically on the Glencore claim...

[kemche] 15/1/2025 14:50

The interview will blow the doors off!!!

Look out for the the words definitive, certainty, in the bank, honestly, absolutely, assuredly......

[kemche] 15/1/2025 14:47

Wanting 0.075p for only 100,000!!

[dicko80] 15/1/2025 14:47

Interview coming out apparently

[kemche] 15/1/2025 14:45

Remember that many investors,including IIs, will be forward buying in anticipation of the 22nd banking. They will also anticipate the damages against Glen which could run into the hundreds of millions of $!!!

We could be looking at £1:20 per share!!!!

Gla lth'ers!!!!

[kemche] 15/1/2025 14:38

Nt to buy until the 22nd now. All sold out. MMS running short.
Gla lth'ers .

This is what good commentary looks like. Bravo Bell!

[backmarker] 15/1/2025 14:34

Groundhog Day in DRC.The money may be in the bank, just not our bank.