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Red Rock Resources – “Update on COVID-19 Impact and Licensing” potentially very significant...

By HotStockRockets | Thursday 20 August 2020


Disclosure: Financial Investigative Media Limited, which is not owned by Tom Winnifrith but by a trust for his dependants, owns shares in companies mentioned in this article. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Red Rock Resources (RRR) has updated investors with news on Australia; “movement between States restricted, with isolation imposed in Melbourne and parts of Victoria”, Kenya; “a daily curfew is in place from 9 pm to 4 am”, Congo; “no international flights or internal flights to and from Kinshasa are yet permitted, but international flights are beginning to operate from 15th August” and “the recorded cases in South Africa are nearly 12 times the level in the next worst affected African country, Nigeria” amidst various COVID-19 stats… but what’s the real company-specific import of its latest announcement?…

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