Red Rock Resources (RRR) has issued a “Asset Review and Current Developments”-titled announcement and the shares have currently responded 5% higher to 0.525p, so what’s the news?
Red Rock Resources (RRR) has announced the issue of £0.623 million of convertible notes, and that “near-term positive financial developments may be anticipated” – can they be, though?
Red Rock Resources (RRR) has announced results for its half-year ended 31st December 2021, with Chairman Andrew Bell emphasising “there will be a strong focus on cash generation and creating opportunities for value crystallization”. Time for action, not words though Andrew!
The RNS merely states that all resolutions passed at today's AGM. But, given the speculation regarding CEO Andrew Bell's future, after the piss-poor share price performance of late, Mr Bell is being unduly, and uncharacteristically, modest and not giving the actual results. Luckily, I can assist…
Red Rock Resources (RRR) has announced the Commercial Court of Lubumbashi has issued an executory judgment in its favour for joint venture partner VUP SA to pay it $2 million damages with costs, with there already another judgment for $2.505 million. What of a little changed share price of 0.625p though, albeit at least up from heading towards 0.40p before Christmas?
Red Rock Resources (RRR) announced results for its year ended 30th June 2021 in the ‘no-one-watching-week’ between Christmas and the new year. The shares have though responded up.
Some two years ago, Tom, you made Red Rock Resources Plc (RRR) one of your stocks of the year, and I felt over the ensuing months an added responsibility: that of carrying your colours, with a price target and some promise in relation to hats attached.
Red Rock Resources (RRR) has announced on its Democratic Republic of Congo interests that it looks forward to further exploration activity after it gets results from a last batch of Luanshimba project (Red Rock 80%) drill samples, that it is investigating cobalt-copper and lithium co-operations and that “recent legal proceedings have been instituted by the company's local partner, VUP SA, which relate to the project assets” (VUP project – Red Rock 50.1%). After speaking to boss Andrew Bell, the latter is potentially very interesting.
