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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I've not heard anything more about the dividend, although Edison assumed a dividend would be paid out this year in their recent report on the company.

ZZZzzz.

Good day to buy.

Yep :)

Yep..good news.. I'm staying in!

Nice upward increase today! long may it continue!

any reason for increase?

Broker note out given value 20-60p may have something to do with it.

Also, quite a bit of news due from Kenya (not to mention from JMS/RSL)

My God nice rise today!!!

Looks promising.


RED ROCK RESOURCES PLC
Update
Dated: 30 September 2010

Red Rock Resources plc ("Red Rock" or the "Company"), the gold mining and exploration company with projects in Kenya and Colombia, and interests in steel feed and uranium, reports on progress at its operations.

Colombian plant ahead of schedule
Increase in initial planned capacity at El Limon plant
Metallurgical analysis to determine tailings process route under way in Kenya
Annual results released at Jupiter Mines Ltd and Resource Star Ltd

I am taking this as a positive:-

Issue of Equity
Dated: 1 October 2010

Red Rock Resources plc ("Red Rock" or the "Company") announces that it has today issued 998,460 new ordinary shares of 0.1 pence each ('Ordinary Shares') in the Company at a price of 6 pence per Ordinary Share, in settlement of an agreed invoice from Kansai Mining Corporation, conditional on the Shares being admitted to trading on AIM (the "Issue").

Following the issue of the Shares the Company's total issued ordinary share capital will be 654,387,240 ordinary shares of 0.1p. Application will be made to the London Stock Exchange for the Shares, which rank pari passu with the Company's existing issued ordinary shares, to be admitted to trading on AIM. Dealings are expected to commence at 8.00 a.m. on 7 October 2010.

RRR are not reducing their cash balance and Kansai are obviously happy to hold shares in RRR rather than be paid 59900 in cash. Sweet. Well, I think so anyway!

Chairman sold just over half his holding @ 6p, I thought these were going to 20p+. Ok it was only 360,000 shares, but.
2517

He also sold 1,000,000 yesterday George. He has a history of selling after he has been granted share options. The latest round of options were:-

Red Rock Resources plc ("Red Rock" or the "Company") announces that on 22 September 2010 it granted options to subscribe for a total 17 million ordinary shares to directors and employees. Of these, options in respect of 11,000,000 ordinary shares are exercisable at a price of 3.2 pence per share, expiring on the fifth anniversary of grant. One half may be exercised immediately, with the balance once year after the date of grant. These were granted as below:

Andrew Bell 3,250,000
Michael Nott 2,000,000
John Watkins 1,000,000
Manoli Yannaghas 1,000,000
Robert Weicker 250,000

Although you can't blame him for selling, I bet he is kicking himself that he didn't get a better price!

CEO sold another 360000 today, don't encourage you does it.,.

I think that was last week BB! He still holds 340,000 and has the following options:-


1,600,000, Expiry Date 31 May 2011, Exercise Price 1.25 pence
750,000, Expiry Date 11 May 2012, Exercise Price 3.5 pence
10,000,000, Expiry Date 3 June 2014, Exercise Price 1.1 pence
3,250,000, Expiry Date 22 Sept 2015, Exercise Price 3.2 pence

He exercised 1,400,000 options on 25.9.2010 at 1.25p part of which he sold on 30.9.10 (1,000,000) at 6.09p and on 1.10.10 (360,000) at 6p. I'm not discouraged by the fact that we have a money maker at the helm! ;o)

Can you see these going higher??

The 'experts' estimate an sp anywhere between 20 and 60p. A little optimistic for the short term maybe but I would not be surprised to see 10p. Please do your own thorough research though!

Worth a watch (listen only in second case)

http://www.youtube.com/watch?v=lSO03WwCcu8 Growth Company Investor address video - Wednesday

http://bit.ly/bhGPQs - Mining Maven audio interview Friday

Red Rock presentation in the city!

Free investor event, Tuesday 19th October @ 18.15 for 18.30.

Click HERE for FREE registration!

kimoldfield 20 to 60p - did the experts give a timeline - do you know who quoted that?
cheerss