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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gl baler - very good news rns just out - more news to follow soon......

Red Rock Resources said developments at Jupiter Mines since its delisting have been excellent. Red Rock Resources has a 1.2% holding in steel feed company Jupiter Mines Ltd, and a royalty stake over its Mt Ida iron-ore project.

Jupiter's producing manganese mine at Tshipi continues to expand towards its optimal 2.4m tones of production ahead of schedule, and from commissioning has constituted a profitable division for Jupiter; very impressive in current markets.

Jupiter Mines Ltd's Annual Report Highlights

- Net Asset Value per share increased to AUD 21c

- Significant progress on key projects

- Tshipi Borwa mine produced 1m tonnes of ore in first full year of operation

- Production at Tshipi set to increase to 2.4m tonnes per annum

- Mt. Mason DSO Hematite project optimisation continues

- Progress in plans for Port Esperance expansion increases likelihood of Mt. Mason going forward

- Steel Feed Corporation strategy remains intact; value realization in focus

rrr in the daily mail this weekend and

From Beaufort Securities today: Red Rock Resources (RRR.L, 0.30p) - Speculative Buy Red Rock Resources announced an update on its investment in Jupiter Mines Ltd. Net Asset Value of the company increased to AUD 21c per share from AUD 5.6c per share at the time of delisting. Good progress was witnessed at Tshipi Borwa and Tshipi Bokone - the two manganese projects in the Kalahari Manganese fields. Tshipi Borwa mine produced 1 million tonnes of manganese ore in first full year of operation. At Central Yilgarn, the focus during the past months has been on the Mt. Mason project, with efforts to reduce capital and operating costs via optimisation and use of common infrastructure. Red Rock Resources owns 1.2% stake in Red Rock. The stock surged 30.4% on Friday. Our view: The rise in the Net Asset Value (Net Asset Value) of Jupiter Mines is welcome news. In fact, the true value of Jupiter Mines, now delisted, could be far higher than what is visible through the NAV. Moreover, developments at Jupiter Mines since its delisting have been excellent with producing manganese mine at Tshipi likely to expand towards its optimal 2.4 million tonnes of production ahead of schedule. In light of the above, we retain our Speculative Buy rating on the stock.

from a trusted source...........

'Daily Mail, looks like RRR's mcap reflects nothing in terms of value to its other assets. should get some interest early doors. "Among the small caps, Red Rock Resources jumped 15 per cent higher, up 0.07p to 0.3p on news of ‘excellent progress’ for its associate company Jupiter Mines. The bulk of Red Rock’s £3.8million market cap can alone be accounted for by its 1.2 per cent stake in Jupiter." '

strong news flow ahead with the sale of el limon and others
gla

moving great rns from sklan

moving great rns from sklan

el limon rns imminent
gla

would expect blue prior to 10th September news - if it is el limon completion on or before Wednesday this week rrr should fly ;

gla

Further to the Company's announcement of 25th July 2014, NMC has exercised its option to pay a further non-refundable fee of USD 50,000 to initiate a second due diligence exclusivity period of 30 days which will run until 10th September 2014

the current value of rrr is less than Jupiter alone meaning the rest factored in @ zero which is madness - the market will catch up and rrr is a real bargain of these low levels

there is likely to be a short term spike - if you want to get on it now is the time imo - one maybe 2 rns due anytime now - if rns good enough rise might hold for a while

from a major rrr shareholder:

Dan Sklan post from June this year. Dan has something like 250 million shares in Red Rock. Also since Dan's post both Regency and Alba have gone up in price + Resource Star (up around 40% since) which rrr owns 20% look to be involved in the very exciting venture that is Cloud lands.
--------------------

"As with all my other investments, I have invested in Red Rock Resources as I am aiming to make a profit.

Whilst share price has dropped considerably this year and the company has seen increased dilution, I feel that based on the current market cap the assets of this company are worth considerably more.

Jupiter Mines – value £3.2m. I believe that the Tshipi manganese mine in the future will be worth $500m alone

El Limon, Columbia – potential value £2.4m

Migori Project, Kenya – what is this worth? In a quick fire sale should be able to sell for £2m+.

Nama Bay, Greenland – whilst this sale did not conclude it is still a valuable asset. Unsold at $10.7m

Côte d’Ivoire – great future potential, even if Red Rock Resources do some early stage exploration and then sell the licences.

Regency Mines. Red Rock Resources holds 33,900,000 shares in Regency Mines. Based on a share price of 0.28p this has a value of £94,920.00. As Red Rock Resources increases in price Regency Mines will follow and visa versa.

Alba Mineral Resources. Red Rock Resources holds 2,600,000 shares in Alba Mineral Resources. Based on a share price of 0.31p this has a value of £ 8,060.00

excellent rns out

Financing Update

Highlights:

o Total funds raised of £1,000,000 before expenses to new shareholders

o Proceeds of the placing to be used for gold exploration in Ivory Coast as well as the prepayment in full of YA Global ("Yorkville") convertible and debt and UK Bond Network ("UKBN") bonds

o Takes £842,237 gross (£650,515 net) of debt and convertible debt off the balance sheet

Financing Details:

The Company has completed a placing with clients of Cornhill Capital Limited ("Cornhill") of 1,538,461,538 ordinary shares of 0.01p each ("Shares") in the Company at a price of 0.065p per Share (the "Placing"). The gross proceeds of the Subscription are £1,000,000.

The proceeds of the Placing will be applied towards funding exploration activities in Ivory Coast, and fully settling existing debt facilities with Yorkville and UKBN.

The settlement amount of the Yorkville debt facility will be approximately £442,128, and the final settlement amount of the UKBN facility will be £400,109 gross (£208,387 net of cash escrow).

The Company also announces the appointment of Cornhill as joint broker.

Red Rock further announces that MG Partners II Ltd., which is an affiliate of Magna, has converted $7,500 of its $550,000 unsecured Convertible Notes, which are due for repayment on 1 January 2016, into 7,598,784 ordinary shares of 0.01 pence each ("Conversion Shares") in the Company under the terms of the Convertible Note Instrument ("Convertible") as announced on 6 January 2015, at a price of 0.066554p per Conversion Share (the "Conversion").

Following the Conversion, MG Partners II Ltd. will hold 7,598,784 ordinary shares in the Company representing 0.1890% of the Company's enlarged ordinary issued share capital.


Application has been made to the London Stock Exchange for the Shares and Conversion Shares, together 1,546,060,322 new ordinary 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 a.m. on 26 March 2015.

Following the Placing and the Conversion, the Company's total issued ordinary share capital will be 4,019,816,506 ordinary shares of 0.01p. The above figure of 4,019,816,506 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure and Transparency Rules.

Loan Repayment and Convertible Note Conversion

01 April 2015

Red Rock announces that it today liquidated and repaid in full its facilities from YA Global ("Yorkville"), comprising a Convertible Loan with a principal amount of £110,000 and two Term Loans with principal amounts of USD 375,742.80 and £50,000. The total repayment, including accrued interest, was £442,619.56 (USD 652,952.37).

The Company further announces that MG Partners II Ltd., which is an affiliate of Magna, has converted USD 120,000 of its outstanding balance of USD 335,000 unsecured Convertible Notes, which are due for repayment on 1 January 2016, into 121,703,854 ordinary shares of 0.01 pence each ("Conversion Shares") in the Company under the terms of the Convertible Note Instrument ("Convertible") as announced on 6 January 2015, at a price of £0.000665 per Conversion Share (the "Conversion").

Following issue of the Conversion Shares, the Company's enlarged issued ordinary share capital will consist of 4,341,520,359 ordinary shares of 0.01p each. Application has been made to the London Stock Exchange for the Conversion Shares, which on Admission will 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 09 April 2015.

The above figure of 4,341,520,359 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the Disclosure and Transparency Rules.

Colombian Gold Assets - Execution of Sale Agreement

14 April 2015

Red Rock Resources plc, the mining and exploration company with interests in gold in Africa and Colombia, and investments in other mineral assets, announces the signing of a Sale Agreement in relation to the sale of its El Limón gold assets in Colombia.

Highlights:
o Sale Agreement signed with Colombia Milling Limited ("CML")
o Total sale proceeds of USD5m (including USD100,000 previously received and up to USD3m
of future royalty payments)
o Initial tranche of USD450k
o Second tranche of USD225k in 9 months
o Third tranche of USD225k in 15 months
o Secured promissory note of USD1m
o Royalty (NSR) payments of USD3M to begin at the earlier of 9 months or 100tpd plant
processing and production
o Completion set for 30 April 2015

Overview:

Further to the announcements of 13 May 2014 and 21 November 2014, Red Rock has now executed a Sale Agreement with Colombia Milling Limited ("CML"), a private company registered in Belize. CML is the nominee of Nicaragua Milling Company ("NML"), with which Red Rock signed a Letter of Intent on 12 May 2014. CML is represented by James Randall Martin, an experienced mining executive who was the CEO of Colombia Goldfields Ltd and was the founder and Chairman of Nicaraguan gold producer Hemco.

Under the Sale Agreement, the Company sells, and CML buys, (a) a 100% interest in American Gold Mines Limited ("AGM"), which owns a 50.002% interest in Four Points Mining SAS ("FPM"), the owner of the El Limón mine, and (b) its loans to FPM, for a total consideration of USD5,000,000. CML will also purchase an 11.2% stake from a minority shareholder in the business.

Payment of the unchanged consideration of USD5,000,000 will occur in tranches. The initial payment of USD100,000, was previously made in respect of the CML's due diligence review.

The first tranche of USD450,000 will be payable at the closing of the transaction ("Completion"), which is expected to be on 30 April 2015. The second tranche of USD225,000 will be payable on the date that is 9 months from Completion. The third tranche of USD225,000 will be payable on the date that is 15 months from Completion.

A further payment of USD1,000,000 will be satisfied by the issuance by CML to Red Rock at Completion of a three year convertible 5% promissory note ("PN"), secured on the acquired shares in AGM and providing that during its currency the CML will procure that AGM does not alienate or dispose of its interest in FPM. Security for the PN will be held in the form of a charge over 100% of the shares in AGM and conversion is possible following any listing of CML or vend of the assets into a public vehicle.

Additional payments of up to USD2,000,000 will be paid in the form of a 3% net smelter return royalty ("First NSR") payable quarterly on gold production from FPM commencing on the earlier of (a) 9 months from Completion; and (b) the achievement of commercial gold production and processing through the El Limon plant of at least 100 tons per day for 30 consecutive calendar days.

A final royalty stream of up to USD1,000,000 will be paid following the payment in full of the First NSR in the form of a 0.5% net smelter return royalty ("Second NSR") payable quarterly on gold production from FPM.

The assets have been held for sale since 2014 and the carrying value is $2.9m at signing.

Completion is subject to various procedural conditions that the Company considers are satisfied or are in process of being satisfied, and to CML's confirmation of funding.

Is anyone holding this one?
What is the future hold?

hmmmmm YUM!
rumour is news of mang jupiter valuation news close and possible relisting or take over @ 60 to 100 cents (others say 25 cents or so) - if true Jupiter becomes worth £20 to £30M to rrr which makes a mockery of current market cap - also £530k cash jupiter buy back dividend due next month....................
feel a spike - there are some warrants @.8 but many already converted by the looks of it
finally with mang in demand again looking good here imo

cant see these being below .70 much longer before the next imminent spike - the twitter 'ratti is getting busy
;

onwards & upwards
gla