Company Description
Red Rock is a mineral exploration and development outfit.
IPO Details
Issue Date 29-07-2005 Prospectus n/a
Issue Price 2.00p Lead Broker ARM Corporate Finance
Market Cap £2.87m Contact Tel 020 7512 0191
Method Placing
Sector Mining
Market Aim
Amount Raised £0.60m

Web site:- http://www.rrrplc.com/



Exploration update 3rd August 2006 - Red Rock Resources PLC said a significant new iron discovery has been made at its Central Yilgarn Iron Project in Australia. Jupiter is targeting extra iron ore tonnage of over 20 mln tonnes from the discovery. Production from the Central Yilgarn Iron Project is planned to be crushed on site, trucked to Menzies, 90 kilometres away, and then railed to the Port of Esperance

Exploration Update 9th August 2006 - Manganese Resource defined at Mkushi, Zambia gives an indicated tonnage of 2,365,000 million tonnes of manganese ore


Red River (RVR), which is a stock we rarely hear from, performed a similar trick, announcing the recovery of high-grade iron ore samples from a project in the Pilbara region of WA, and receiving a share price boost of A3 cents (20 per cent) to close the week at A18 cents. (courtesy of Minesite)



PLUS MARKETS LINK
http://www.plusmarketsgroup.com/details.shtml?ISIN=GB00B0CQLF79

Red Rock Resources plc said it has signed a
deal with Zambian firm Chiman Manufacturing Ltd for the processing of manganese
to produce ferromanganese.
The mineral exploration and development company said Chiman will provide
crushing, preparation, and processing of ore supplied by Red Rock's Zambian unit
from stockpiles and surface material at its Chiwefwe mining license.
The company added it expects to make first deliveries shortly.





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yrp sure are - we just need some news and it shouldnt be that far away - ab likes to keep a steady stream of news and often when you least expect - i wouldnt wanna be outta rrr right now!! lol

Operational updates:

http://moneyam.uk-wire.com/cgi-bin/articles/201101280802182528A.html

http://moneyam.uk-wire.com/cgi-bin/articles/201101280700082308A.html

There is so much going on with RRR punters cant take it all in, the company can only go one way as I see it and that is to a 500+m M/Cap 70p 80p sp and more to come in the years after. The M/Cap also affects the sp of RGM who have 23% of RRR. RGMs sp is being held down by DNi selling, this is a great opportunity to pick up these shares at bargain basement prices IMO.

Dear shareholders and colleagues,



You may have seen a couple of announcements this morning.



One, a general update, http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=10773973 , which has a little detail on Tasmania, but otherwise just reports steady progress.



Tasmania may have the potential to be a significant iron ore discovery. We shall know in a few days. At any rate, if it is not, then there is or should be no downside. Only upside. Most shareholders until a month ago were hardly if at all aware of this prospects existence in our portfolio. Full credit to Helen Salmon, our geologist looking after Tasmania, and our invaluable geophysics adviser (and director of a local associated company) Grant Donnes for persevering and coming up by some lateral thinking with the reinterpretation that led to this discovery.



We put out an update without much news so that nobody got too worried things were going wrong. The markets are nervous, and our shareholders, or some of them, understandably share that feeling.



But our people on the ground, who are based in England or elsewhere overseas, and are on assignment for the exploration, tend to like to get back to their families over Christmas and the New Year, and perhaps to take a short holiday. It is a sensible time to do this, as everyone else local staff, drillers, even the staff of the sampling laboratories is taking time off. Then each team meets or has discussions here in January to review progress before moving back on site.



Then when they get back, there are still some of the people they work with who are not back until late in the second or into the third week of January. So the news flow slows for a while.



In Colombia, my colleague is out there for 3 weeks, and is currently on site. Communications are not perfect in terms of bandwidth, and we will get a fuller briefing next week. But, as indicated in the announcement, there is progress, and objectives are unchanged. And we are working already on fresh initiatives to drive progress faster.



The other announcement is on Resource Star Ltd, our Australian associate. Here the news is clearly good. The ground is the southern part of a trend which goes up through a license held by Paladin, who are starting exploration. They are good neighbours, who carried out our down-hole probing for us, and we are sharing our data. Of course we want to encourage them to take an interest in our area.



http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=10774199



The news on Jupiter Mines Ltds JORC Resource at Mt Ida came out as expected, and was better than expected. This of course is good news for us, because besides our Jupiter holding we have a royalty. Jupiter will continue to produce news flow, and we expect to see a push on Mt Ida in coming months.



It occurred to us that it would be helpful to have one of our shareholder dial-ins. We propose SATURDAY at 10 a.m.



Please dial one of the below numbers and enter the participant access code.



UK Number: 08448222304

International No: +442083222500

Participant Access Code: 213129#



The following call controls are available from your phone keypad.









Kind regards,



Andrew Bell

martinl2

Cheers m2 was just about to post that.

ditto that dudes!!

Snippets from the other side on the conference call this morning. Onward and upwards on Monday by the looks of it.



Jupiter fund raising to complete by Monday.

Tasmania discovery possibly half the size of Savage River


Savage River:
http://www.mrt.tas.gov.au/portal/page?_pageid=35,831264&_dad=portal&_schema=PORTAL

Increase in admin etc to support increase to 500 mil ocompany,


Divi would show to shareholders that RRR is a good place to invest. I think the share price has already done that.


Regular dividends:

"We want to send the message that we are a company that is very focussed on providing profits every year."

Wants to widen the appeal of the company to a different group of investors, more 'traditional' investors who are attracted to Dividends. Also wants RRR to appear to be functioning like a 'large company'.

Royalty listing. My understanding is they list the royalty as a separate company and own 95% of it. The listing will then give the royalty a value which can reflect a value in the RRR sp - as currently very hard to value this.

good stuff - i remember ab saying he would be disappointed if rrr did not end the year a 500M co.

I read on another BB that jms suspension was nothing to do with fundraising according to AB yesterday! Can someone confirm that either way.

Jupiter's announcement on 25 January was pretty clear as far as I'm concerned:-

Pursuant to listing Rule 17.1, Jupiter Mines Limited ('The Company') requests an immediate halt in the trading of the Company's securities pending the release of an announcement regarding a capital raising.

The Company requests that the trading halt end on the earlier of the commencement of normal trading on Monday, 31st January 2011, or when the anticipated announcement referred to above is released to the market.

The Company is not aware of any reason why the trading halt should not be granted.

kimoldfield
Agree we should know by next week anyway.

Loads of irons in the fire here Driver, or fingers in pies if you're not on a diet! Excellent potential.

Red Rock Resources
RE Jupiter Mines
RNS Number : 3567A
Red Rock Resources plc
31 January 2011

RED ROCK RESOURCES PLC

("Red Rock" or the "Company")

Announcement re Jupiter Mines Limited

Dated: 31 January 2011

Red Rock notes the announcement made by its 5.2% owned associate Jupiter Mines Limited (ASX:JMS) ("JMS") today, in which JMS announced an A$150m fundraising to advance its steel feed corporation strategy. A$100m will be used to develop Jupiter's 49.9% owned Tshipi Borwa ("Tshipi") project which is located in the Kalahari Manganese Field in South Africa and A$40m to fast-track the 100% owned Mt. Ida Manganese Magnetite Project ("Mt. Ida"), and the associated small Mt. Mason DSO Iron Project, located in the Central Yilgarn Region of Western Australia. The capital raised also provides some A$10m for JMS working capital purposes. Red Rock maintains a 1.5% gross production royalty in Mt. Ida. As a result of the fundraising, which is conditional in part upon the approval of JMS shareholders, Red Rock's interest in 83,734,165 JMS shares will be diluted to approximately 4.6% JMS's enlarged issued share capital.

The full text of the JMS announcement together with JMS's Quarterly Activities and Cash Flow reports, can be accessed viahttp://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=JMS.

Enquiries:

Andrew Bell 0207 402 4580 or 07766 474849


R

Red Rock Resources: El Limon up & running!

http://www.miningmaven.com/k2/companies/red-rock-resources/red-rock-resources-el-limon-up-running/

Below is a post from mulledwine which might explain why mine and many aim stocks are performing like they are.:

For those who are not aware - not all sells in AIM just now are becuase PI's have no faith in a Company!

On 21 Jan 11, CMC Markets, one of the worlds leading online CFD providers and financial spread betting companies, has de-listed ALL AIM stocks and all AIM share bets that remain open will be closed out at the closing price on 11th February 2011.

This has been causing some excessive selling in many AIM listed stocks and is worth noting if any of your AIM stocks are being hit by an unexplained sell-off as it could last until 11 Feb 11.

Thanks gibby, but I guess most people will transfer / re-open their position with another provider?

And, people with short positions will also have to close, which will have the opposite effect.

Red Rock Resources plc announces that YA Global Master SPV Limited, which is advised by Yorkville Advisors LLC, has subscribed for 4,726,288 ordinary shares of 0.1 pence each in the Company under the terms of the Standby Equity Distribution Agreement between Red Rock and YA Global, announced on 14 December 2010, at a price of 12.69499526 pence per Share (the "Subscription"). The proceeds of the Subscription are 600,000 before expenses, conditional on the Ordinary Shares being admitted to trading on AIM.

Application has been made to the London Stock Exchange for the new Ordinary Shares, which rank pari passu with the Company's existing issued ordinary shares, to be admitted to trading on AIM. It is expected that admission will become effective and that trading will commence on 10 February 2011.

Following the issue of the new Ordinary Shares the Company's issued ordinary share capital, as enlarged by the new Ordinary Shares, will be 688,040,305 Ordinary Shares.

Jupiter Mines LTD
Construction of Tshipi Borwa Manganese Mine Approved.

http://www.asx.com.au/asxpdf/20110207/pdf/41wmr7y65kx648.pdf

This is not going too well at the mo but will stick with it as it's still a 5 bagger for me so far...and lots more to come over the next year with this and RGM also!