Register
Login:
Share:
Email Facebook Twitter


Michael Masterman talks on WRES potential & Tungsten market


Red Rock Resources Share Chat (RRR)



Share Price: 0.60Bid: 0.55Ask: 0.65Change: 0.00 (0.00%)No Movement on Red Rock
Spread: 0.10Spread as %: 18.18%Open: 0.625High: 0.625Low: 0.575Yesterday’s Close: 0.60


Share Discussion for Red Rock Resources


Thread View

Please login or register to post a message on Share Chat.

Posts per page:


lemonade
Posts: 5,725
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.675
RE: Jupiter
9 Mar '17
ok,, who do you refer to when you say "people",,, Each pi has their own opinions on the value,, I'm fairly sure that no 2 investor's alike would give the same value of the asset,,
It would be better to just state your own opinion instead of pretending you speak for the entire market.

now i feel like i've entered an arguement with a 5 year old.
Every days different at RRR lol
 
Prospector
Posts: 2,269
Off Topic
Opinion:No Opinion
Price:0.675
RE: Jupiter
9 Mar '17
Did I mention oil production?
Prospector
Posts: 2,269
Off Topic
Opinion:No Opinion
Price:0.70
RE: Jupiter
9 Mar '17
Yeah, the 8.3 mil based on $1 was a mistake. But you can see that the value is not as much as people think.
lemonade
Posts: 5,725
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.70
RE: Jupiter
9 Mar '17
AND you forgot to mention something about warrants?
lemonade
Posts: 5,725
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.70
RE: Jupiter
9 Mar '17
erm?,, you brought up the $1 share price scenario.

i just put some fact to your fiction,, but knock yourself out mate.lols
Prospector
Posts: 2,269
Off Topic
Opinion:No Opinion
Price:0.70
RE: Jupiter
9 Mar '17
OMG, do you really believe AB's exaggerated hype. The website uses the figure of 8.3 million based on an expected float price of 50c. I used £5 million as a conservative estimate because the SP might go down after the floatation. If you think that the SP will shoot up to $1 then good luck. Why do you think that AB broadcasts from his hotel room? I will tell you - it's so that he can't be challenged on his inflated figures.
colinH100
Posts: 1,497
Observation
Opinion:No Opinion
Price:0.675
RE: warrants not warrents
9 Mar '17
"Campers" does not require an apostrophe, Lemon, but 9 out of 10.
lemonade
Posts: 5,725
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.675
warrants not warrents
9 Mar '17
I know most posters here are normally on their period, so i'll apologize in advance for spelling errors and please note ,i have no Pound sign on my Thai keyboard, hence the reference to GBP..

Good Morning camper's
lemonade
Posts: 5,725
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.675
Did you mention the warrent's?
9 Mar '17
erm yes along with Mr Magic, Matlot and possibly other's.
Anyone capable of using a computer or a telephone is capable of finding out how many warrant's are available and at what price they will be exercised.
The only warrants worth converting at current price level's imo are 13,320,000 @ 0.45p, which would dilute the shares in issue by around 2.85% and add 60,000GBP to the coffers alongside the 562,000GBP expected on Monday (assuming 1GBP =1.22USD)
I'm slightly confused that everyone keeps mentioning warrant's , but don't seem to have much understanding of how they work.
lemonade
Posts: 5,725
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.675
RE: Jupiter
9 Mar '17
erm,, Let me help clear up your confusion;-
JMS shares in issue 2,281,835,383.
@ $1 = $2.28 Billion
RRR owns 1.2% of JMS which based on $1/share = $27,382,024

Now i'm not sure if your quoting $AUS or $USD
SO,, $27,382,024 AUD = circa GBP 16,902,483
and, $27,382,024 USD = circa GBP 22,444,281
Thats based on current shares in issue before the buyback @ JMS and using 1GBP = 1.62AUD and 1GBP = 1.22USD.




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk






Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.