Re: On reflection Also, there's a million quid to hit for the second the half of the year, so we should see full year results to be even better.
On reflection the figures are a considerable improvement compared with the lacklustre figures of previous years and should show an even better profit in the second half and year end results.This should reflect in a nice rise in the SP over the next six months.i
Re: terrible rns sneaked out after hoiuiurs but half year profit moving in the right direction.
terrible rns sneaked out after hoiuiurs no mention of greenlandno mention of disputed moneies owed from El limon ownersno mention of Elephant oilno mention of oil rates at Shoaks creek. there arnt any BTWtotl waste of space BELL get out!!
the question is the question is : " what will Bell do with the money "i'm not buying/adding as long as that's not clearwaldpyk
Making some financial progress Red Rock Resources plc ("Red Rock" or the "Company" Jupiter Mines: Update 13 March 2017 Further to the announcement of 23rd January 2017, Red Rock announces that Jupiter Mines Ltd, an Australian unlisted public company, has made the following announcement: "COMPLETION OF JUPITER SHARE BUY-BACK Jupiter Mines Limited ("Jupiter" or "Company" announces the completion of the equal access share buy-back which commenced on 30 January 2017. The buy-back offer was greatly received by shareholders, with a total of 134,190,158 shares bought back by the Company, representing an overwhelming acceptance of 98.01%. Shareholders have received US$53,676,063.26 million in consideration. These shares have been subsequently cancelled. The Company now has issued capital of 2,147,645,225 shares." Red Rock held 27,324,374 shares in Jupiter, equivalent to approximately 1.2% of the issued share capital prior to the share buyback. The carrying cost of this investment in the books of Red Rock at the date of the last audited accounts, 30 June 2016, was £1,483,119. Following the equal access buyback, in which Red Rock tendered 6% of the Jupiter stock it held, Red Rock has received USD 655,784.80 (approximately £537,131) and holds 25,684,913 shares in Jupiter, equivalent to approximately 1.2% of the issued share capital. Red Rock Chairman Andrew Bell comments: "This first distribution repays most of the cost of developing the Tshipi manganese mine, Jupiter's principal asset. This very long life mine has established itself as one of the world's most important and competitive producers. With Jupiter's other assets, it has the potential to continue to drive Jupiter's value and having played a role in the development of Jupiter now for over ten years, we look forward to the next stages in its growth." 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 LtdThis latest RNS is a step forward in what could be a good future lucrative investmentin Jupiter mines.What RRR needs now is the complete settlement for the El Limon mine.Who knows if it all comes together financially a possibility of a share buy backor dare I whisper it (dividend) may be on the cards.
Buy back At these prices surely some of that money should go to buying in their own shares to add value.
Technical 1.15p Technical Analysis price target appears to be 1.15p.
bell should be fired the El Limon debacle is the last straw. he has no clue. look at Bar T, look at what he has done with RGM, Greenland??
Re: Jupiter Mines I never left, just stepped back and accepted there was nothing I could say that would improve things here. I once had 1M shares in this and also RGM but they've all been shrunk. If only I'd sold at 19p ...... yes, Hindsight is a wonderful thing. So ...... what next? I could just about buy a meal out with what mine are worth at the moment.
Re: Jupiter Mines good to see you back dynamiteconcerning AB : on such a years long down cycle it's almost impossible from keeping the share price not falling through the floorthat said , i found his/our pakistan investment an unlucky moveyes,yes hindsight , hindsighton to better timeswaldpyk
Jupiter Mines Hi guys, anyone here held on to their Jupiter shares when they delisted? It's a good job AB bought back more at that time. Let's hope the money they make for RRR. doesnt get wasted.
Chart request update [link]
Re: cml loan note Yes the $1m is guaranteed and falls due in May next year unless RRR can resolve the dispute and convert to stock. Share price seems to have found support, just need some positive ops news now for it to kick off again.T
cml loan note Are we guaranteed $1 million minimum on the loan note?When is latest date this $1 million can be paid to RRR, deadline?