Todays rns!? Grimsdale What the one dated 5th June?Sp down over 10pc.Jupiter first payment 536k, where did that go?Any subsequent wont propel sp!
NEWS ALERT TODAYS RNS RNS Number : 1369HRed Rock Resources plc05 June 2017 Red Rock Resources plc ("Red Rock" Jupiter Mines: Update 5 June 2017 Further to the announcements of 13th March and 14th March 2017, Red Rock announces that Jupiter Mines Ltd, an Australian unlisted public company, has released the following statement: "JUPITER TO DISTRIBUTE US$25 MILLION FOR HALF YEAR 2018 The Tshipi mine remains on track to produce 3mtpa for the 2018 financial year end.Should the existing manganese prices continue, Tshipi will distribute a further ZAR500million to its shareholders in September whilst retaining its healthy debt free balancesheet. This repayment will result in a total return to Tshipi shareholders of ZAR1.5 billion of their original ZAR2.0 billion capital investment. Jupiter Mines Limited ("Jupiter" or "Company" has also recorded an operating profit of approximately US$10 million from its marketing business. As a result Jupiter plans to distribute US$25 million to its shareholders in September. This will be via an off-market equal access share buy-back ("Buy-Back". The cash for this will come from the profits generated by Tshipi and Jupiter's manganese marketing business. The exact terms of the Buy-Back will be announced in due course but may be for approx. 2.5% of the issued capital of the Company. The strategic process is progressing as per plan and is generating strong industry interest. Should there be any material developments, an update will be announced in due course, along with the necessary shareholder approvals needed." Red Rock holds approximately 1.2% of the issued share capital of Jupiter, so that it will receive approximately US$300,000 as part of the planned distribution. This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. For further information, please contact: Andrew Bell 0207 747 9990 Chairman Red Rock Resources PlcScott Kaintz 0207 747 9990 Director Red Rock Resources PlcRoland Cornish/ Rosalind Hill Abrahams 0207 628 3396 NOMAD Beaumont Cornish LimitedJason Robertson 0129 351 7744 Broker Dowgate Capital Stockbrokers Ltd Looks like more cash into RRRs Bank Account from this very successful investment,
Re: Nice rise long may it continue Who knows what is going on...hence many posters speculate endlessly......
Nice rise long may it continue Positive news out soon it needs to x10 so that I get even .
Tiptv is the usual speculation As is BB posters.But any chance of 7.1p?Jupiter outcome will not achieve much....
tiptv here's the link on tiptv .looks like good news flow on red rock[link]
life in this stock yet i invested in rrr 2 years ago at 1p a share .to look at it now saddens me but thats aim for you . i put these shares in my bottom drawer and hope one day it comes good
NEW ARTICLE: Three AIM shares in recovery territory "Red Rock, Coal of Africa, and Condor Gold (LSE:RRR, LSE:CZA, LSE:CNR)One of these stupid philosophy questions - "if a tree falls in the forest, does it make a sound if no-one hears it?" - sprung to mind when walking the dogs.With a sound of two ..."[link]
NEW ARTICLE: Trends and Targets for 31/05/2017 " RED ROCK, COAL OF AFRICA, and CONDOR GOLD (LSE:RRR, LSE:CZA, LSE:CNR)Â One of these stupid philosophy questions, "if a tree falls in the forest, does it make a sound if no-one hears it?" sprung to mind when walking the dogs. With a sound like ..."[link]
Wow 10 offers! Not!!!
Sale of Jupiter shares The 537k rrr received, that did not create shareholder value, how was it spent?Jupiter share dosh, which is not definite, may be invested in a new venture, as in no immediate income, or if put in the bank may not translate to an enhanced sp.Ok buying shares from here on into the outcome, but most hold shares from the hyped sp days.But gla....
Re: 10 offers for Tshipi I have emailed RRR and asked if there's a newsletter in the offing. I agree that there are several fundamentals happening that could be driving the SP. Given where we are the SP should be higher, but due to the El Lemon and Greenland fiasco, and there's Kenya no progress, sentiment is pretty low for AB. I nearly sold out for a small loss, but I didn't due to stupidity and left it too long, so my average is pretty poor as well. 11p will break even for me. Not sure if we'll ever get there, but you never know.Tshipi is certainly going to be bringing in cash every year now for the lifetime of the mine, as long as the price for manganese stays where it is, 10 years ago it was over double of where it is now! So things looking good there and should mean that the SP should be 2 or 3 times today's SP, hence my Strong Buy, recommendation, if they do sell the mine.GLA
10 offers - just 10?! All speculative, all probably unfounded...But gla....
Re: To brk even i need 7.2p sp I bought at 7.7p...your avg not 8.2p?
Re: 10 offers for Tshipi dream on 1 bag will be good ..I for one lost money here. consolidation did for me...gla