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ROCK Rockfire Resources Plc

0.21
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Rockfire Resources Investors - ROCK

Rockfire Resources Investors - ROCK

Share Name Share Symbol Market Stock Type
Rockfire Resources Plc ROCK London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.21 08:00:06
Open Price Low Price High Price Close Price Previous Close
0.21 0.21 0.21 0.21 0.21
more quote information »
Industry Sector
MINING

Top Investor Posts

Top Posts
Posted at 15/9/2023 11:12 by akmal101
2 institutional investors have paid a premium of 0.5p for their shares so in my opinion boosts confidence!
Posted at 26/5/2023 09:57 by tomboyb
0.30p+ easy Dave -

Those Grades will get investors interested -
Posted at 16/4/2023 22:55 by charina
David Price of Rockfire Resources is presenting at the Global Mining Finance Conference in London on Thursday 20th April, commencing at 09.30am.

Shareholders, and all those interested in the company, or the mining sector in general, are warmly welcome to attend.

The conference is being opened by Rosario Orchard of Antofagasta PLC, one of the world's largest producers of copper, with large four operating mines in Chile.

This is a morning event, with two coffee networking sessions, and a complimentary buffet luncheon with wine and refreshments.

These are wonderful events, and give you the opportunity to chat to the CEO's, fellow investors, and city professionals informally during the breaks. This allows you to exchange information, ideas and tips, empowering you to make more informed investment decisions.


If anyone would like a free delegate pass, please click here

or email charina@global-mining-finance.com and I will be delighted to supply full details and register you.

Please note, advance registration is mandatory, registrations close at 5pm on the 19th April.

The nearest stations are Moorgate, Bank, Cannon Street, or Liverpool St. are only a few minutes walk away from the venue. Moorgate tube and Elizabeth Line station is the closest.
Posted at 26/7/2021 15:52 by terminator101
That's because its not a private placing. ACL is just a broker, not an institutional investor. "Allenby Capital Limited will only procure investors who meet the criteria of professional clients and eligible counterparties."
Posted at 19/2/2021 07:15 by zxie
David Price, Chief Executive Officer, will provide an investor presentation on Wednesday, 03 March 2021 at 9:30am.
Posted at 30/1/2021 11:16 by johncasey
doubt they have blown £2,000,000 in 6 months

Corporate summary

-- During the period, Rockfire announced the appointment of Allenby Capital Limited as sole broker to the Company.

-- A placing of new ordinary shares was announced to the market late in the reporting period.
On 29 June, Rockfire announced a successful fundraise of GBP1,000,000 gross through a placing of 117,647,100 new ordinary shares. The issue price was 0.85 pence per share. These new shares were subscribed for by a combination of new investors and existing shareholders.

The placing price represented a discount of approximately 13 per cent. to the closing mid-market share price of an existing ordinary share on 26 June, the business day prior to the announcement. Importantly, the Company did not issue any warrants in connection with the placing.

Rockfire's largest shareholder and Non-executive Director, Nicholas Walley subscribed for 748,200 shares in the placing, thereby increasing his holding in the Company to 52,464,000 ordinary shares.

The net proceeds of the placing, amounting to GBP941,932, were intended to be and are actively being applied to the drilling programme at Plateau to test down to 750m deep. Funds were also earmarked for geophysical studies within the Lighthouse tenement and magnetometer surveys at Copperhead and Copper Dome and general working capital purposes.

Following the period-end, the Company raised a further GBP1,050,075 through a placing of 64,620,000 new ordinary shares at a price of 1.625 pence per share, as detailed below.

Post-period highlights

-- A diamond drilling programme commenced at Plateau in July, with six holes to be drilled down to 500m vertical depth expected to be completed.

-- A placing of new ordinary shares, raising gross proceeds of GBP1,050,075 (net GBP996,989) was announced to the market on 29 July. The proceeds provide the Company with significant financial strength to ensure a continuity of deep drilling, should a main gold zone be intersected at Plateau.

-- Since 30 June, 11,166,667 new ordinary shares have been issued pursuant to the exercise of warrants at an exercise price of 1p per share, generating proceeds of GBP111,667.
Posted at 26/8/2020 10:35 by maytrees
Happy to buy earlier despite the risks including shorters.
Good luck investors.
Posted at 24/8/2020 12:53 by george23666
Of course it is going to drop weeks before deep drill results. There will be a flurry of buying a few days before results. Indication shows that every chance of good results. A very quick placing and money raised at 1.62, coming from institutional investors. Nothing to indicate that these have been dumped. It is hold tight and wait or bail out. Plat hunter, so can I ask how much you have invested here? Nothing I suspect and if so this board has absolutely no interest to you. So just go and deramp something else to fulfill your time. It is wasted here.
Posted at 30/7/2020 10:52 by excellance
you would think that the market, or at least investors in ROCK would be happy with the placing, because although they could have waited for positive drilling results to deliver and so get a much higher price and less dilution they have hedged and received the cash in the bank, so ROCK now have a guaranteed future beyond te June assay results, and beyond the current drilling program. I have to assume that nothing up til now has been anything other than indicative rather than spectacular but at least theyn get to keep searching and you never know they may actually find something down one of those holes.
Posted at 29/7/2020 22:55 by geko5trade
excellance, no the market has been positive. It moved into an uptrend a couple of months ago and then broke the rising trend up with some volume just prior to this announcement. Falling to the placing price hasn't broken the trend. The reason they could get it away at twice the price of the last fund raising is because of that trend. Investors have already considered the new situation and decided to pay more for the shares. Of course it would drop on bad news but the current market sentiment has been undeniably positive.

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