moneyman
- 30 Apr 2007 23:13
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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gibby
- 06 Sep 2011 14:59
- 526 of 859
timed my top up wrong today lol!!! could of got it cheaper - was not expecting at's to be triggered sub 6p - yeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaa!!!!
gibby
- 06 Sep 2011 20:51
- 527 of 859
increased since...
Exhibit 8: estimates of Red Rock Resources net asset value (000s)
Note: * 06/11 estimate; ** Conversion assumed; US$ values converted at $1.602/; balance sheet liabilities. 000s
Worst-case scenario
Low-end scenario
Median scenario
Top-end scenario
Current assets
Investments in associates
Jupiter
26,436
26,436
26,436
115,822
Resource Star
646
646
646
646
Cue Resources
538
538
1,533
2,528
Kansai Mining Corp
5,921
5,921
5,921
MFP 51% interest
6,959
34,797
57,995
0.5% MFP option
40
313
540
Ascot convertible**
3,113
3,113
3,113
Ascot equity
307
307
307
307
Ascot warrants
2,670
2,670
2,670
Cash & cash equivalents*
2,066
2,066
2,066
2,066
Trade & other receivables
2,132
2,132
2,132
Exploration properties
1,045
15,100
57,406
Mount Ida royalty
47,829
100,073
191,316
Total current assets
29,992
99,701
195,106
442,461
gibby
- 06 Sep 2011 20:54
- 528 of 859
belly has 3.75 months to hit his 50p target for this year!! commmmmmmmmme onnnnnnnnnnnnnnnnnnn
lol
gla
gibby
- 07 Sep 2011 16:41
- 529 of 859
what a day - all me shares blue today - even rrr!! lol
yeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
martinl2
- 08 Sep 2011 10:41
- 530 of 859
Greenland update - looks pretty good!
http://www.investegate.co.uk/Article.aspx?id=201109081030018707N
gibby
- 08 Sep 2011 10:54
- 531 of 859
lol - any old iron, any old iron....................................
Red Rock Resources
Update - Greenland
RNS Number : 8707N
Red Rock Resources plc
08 September 2011
RED ROCK RESOURCES PLC
Update - Exploration in Greenland
Dated: 8 September 2011
Red Rock Resources plc ("Red Rock" or the "Company"), the gold mining and exploration company with projects in Greenland, Colombia and Kenya, with interests in steel feed, uranium, and rare earths, reports on exploration in Greenland.
Greenland
The short but intense arctic field season has been safely concluded on the Melville Bugt Iron Ore Project, northwest Greenland. Geological traversing, sampling, prospect scale mapping and geophysical surveys were carried out in an extensive area of Neoarchaean crystalline shield, which correlates with the iron-rich rocks hosting the Mary River Iron Ore project of northern Baffin Island, Canada.
Banded to massive haematite iron formation was encountered in a number of areas, with the most extensive identified to date as a series of four linked occurrences, with a potential strike length of 7.5 km.
A number of occurrences of high grade magnetite iron formation were also identified within the license area, but not fully explored due to limited surface exposure.
Perhaps the most significant outcrop had a traced strike length of 800m on surface, with an estimated true thickness of 250m. The largest exposed iron formation to date was traced 2.5km along strike and had an estimated true thickness of 100m.
13,170 line kilometers of airborne magnetic and radiometric survey were flown over the license area by Aeroquest Airborne Ltd. Line spacing was between 200m and 1.6km. Full processing and interpretation is underway.
The Company is pleased with the field XRF results, so remains positive on the future of the project. In total 232 iron ore samples were scanned on site with a Niton XRF analyzer, of which 192 samples from prospective areas ranged from 20.0% to 69.5% Fe, averaging 32% Fe. It should be noted that Niton Handheld XRF results should be viewed with caution and may differ from actual assays reported by wet chemical analysis using ICP, INNA and XRF methods. Assay results are pending.
The Company considers the 2011 exploration programme to have been highly successful in confirming the existence of a significant iron ore province at Melville Bugt, northwest Greenland, in swiftly identifying a number of possible early targets for the delineation of economic mineralization, and in identifying the further work required in many areas.
Following receipt and analysis of sample and geophysical results, a full report will be released.
The information in this release has been reviewed and approved for release by Richard Evans, a consultant geologist to the Company, and a Member of the Australian Institute of Mining and Metallurgy.
gibby
- 08 Sep 2011 10:55
- 532 of 859
markets unimpressed so far............................ gold may have been better!!!
gibby
- 08 Sep 2011 11:00
- 533 of 859
excellent 2mms moved on to the bid - buys coming in
yeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa
martinl2
- 08 Sep 2011 15:58
- 535 of 859
The market may take a bit of time to appreciate this announcement, but it is undeniably good news.
martinl2
- 29 Sep 2011 14:14
- 536 of 859
kimoldfield
- 04 Oct 2011 11:47
- 537 of 859
Dated: 4 October 2011
Red Rock Resources PLC ("Red Rock" or the "Company") was notified on 30 September 2011 that, on 29 September 2011, director Andrew Bell disposed of 800,000 ordinary shares of 0.1p each in the capital of the Company ("Ordinary Shares") at a price of 5.0 pence per share. The disposal was in connection with the funding of a family property transaction.
Following the disposal Mr Bell remains directly interested in 140,000 Ordinary Shares, representing approximately 0.02 per cent. of the Company's issued ordinary share capital.
He didn't pick a good time to sell!
kimoldfield
- 04 Oct 2011 11:47
- 538 of 859
Better than today however!
kimoldfield
- 11 Oct 2011 17:25
- 539 of 859
martinl2
- 14 Oct 2011 12:55
- 540 of 859
Another positive update - Measured resource at Macalder Tailings
http://www.investegate.co.uk/Article.aspx?id=201110140700141701Q
martinl2
- 17 Oct 2011 13:24
- 541 of 859
gibby
- 18 Oct 2011 21:15
- 543 of 859
indeed - rrr becoming cheap again - i see more opportunity near - remember the 6p fund raising not that long ago!! gl
martinl2
- 19 Oct 2011 11:10
- 544 of 859
Plenty of positive news recently and a plenty more to come in the near future I think, but yet the shareprice has so far failed to respond. As you say gibby, an opportunity.
gibby
- 19 Oct 2011 21:16
- 545 of 859
cheers martinl2 - yes it is great opportunity - i already hold rrr and believe you me i am not knocking them - the sp is very low imo right now for the company - prospects - and currently producing - the opportunity is even better for those not already in or just wanting to top up - and of course trading etc - have a good evening