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ETF Investing made simple; CEO of justETF explains why


Red Rock Resources Share Chat (RRR)



Share Price: 0.675Bid: 0.65Ask: 0.70Change: 0.00 (0.00%)No Movement on Red Rock
Spread: 0.05Spread as %: 7.69%Open: 0.675High: 0.675Low: 0.675Yesterday’s Close: 0.675


Share Discussion for Red Rock Resources


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dougal66
Posts: 16,905
Off Topic
Opinion:No Opinion
Price:0.725
RE: JMS Shareholder Presentation
23 Jan '17
Brilliant stuff!

Relist Jupiter
Tshipi
Development of Iron Ore Assets
review of these projects warranted
Iron Ore exporters in Western Australia ports running low in iron ore
Mt Ida/Mt Mason can provide immediate production and longterm resources

Can anyone remind me what the RRR Royalties are on Mt Ida/Mt Mason?
 
Clive205
Posts: 1,523
Observation
Opinion:Strong Buy
Price:0.725
Possibility of further dividends
23 Jan '17
"Should manganese prices remain at current levels, healthy cash flow generation at Tshipi will continue and further distributions might then follow in due course."

http://www.jupitermines.com/images/jupiter---oojiigoica.pdf
Clive205
Posts: 1,523
Observation
Opinion:Strong Buy
Price:0.725
Valuation
23 Jan '17
So coming in at 53c it values Red Rock's holding at circa £8.8M.

Current market cap is £3.4M so SP will need to move up to 1.88p just to match the Jupiter valuation.
Clive205
Posts: 1,523
Observation
Opinion:Strong Buy
Price:0.725
JMS to consider re-listing in 2017
23 Jan '17
"With Tshipi having achieved a three-year operating track-record and healthy profits in FY 2017,
and with a record production target of 3mtpa for the financial year ending on 28 February 2018,
the Directors have resolved to consider strategic options to enhance shareholder value. This may
include the relisting of Jupiter on the ASX in 2017. Advisors will be appointed shortly to progress
this further."
Clive205
Posts: 1,523
Observation
Opinion:Strong Buy
Price:0.725
JMS Shareholder Presentation
23 Jan '17
Clive205
Posts: 1,523
Observation
Opinion:Strong Buy
Price:0.725
RE: Very happy lucky dog
23 Jan '17
Confirmation of details on JMS site:

"All Shareholders will be made an equal offer to buy-back 6% of their shares in Jupiter (“Shares”), at
a set price of US$0.40 (approx. AU$0.53) per Share. This represents a premium in excess of 5x the
price at which Shares last traded on the ASX."

http://www.jupitermines.com/images/jupiter---oojiigoica.pdf
Luckdog
Posts: 323
Off Topic
Opinion:No Opinion
Price:0.725
RE: Luckydog
23 Jan '17
here's the email address if you want to inquire abotu purchasing jupiter shares: shares@jupitermines.com
jonnstone
Posts: 1,096
Off Topic
Opinion:Strong Buy
Price:0.725
congratulations
23 Jan '17
congratulations to the Jupiter team and all shareholders in Jupiter over there in oz. I have a soft spot for Perth. 10 bags full on the way for all Jupiter shareholders lovely jubbly. Our RRR stake here now valued at approx £8.82 million, Just below my £10 million valuation and £530,000 dividend on the way.
jonnstone
Posts: 1,096
Off Topic
Opinion:Strong Buy
Price:0.725
Delighted
23 Jan '17
Delighted for you Luckydog, thats why we all play this game
Luckydog have you actually done the figures on Tshipi re production and profits for November and December?
I have and they are mind blowing I think you will get your 80 cents.
isdeer
Posts: 2,275
Premium Chat Member
Off Topic
Opinion:Strong Buy
Price:0.725
RE: Luckydog
23 Jan '17
Let's wait to hear what the magician and his apprentice have to say, let's not get too excited with this absolutely fantastic beyond my wildest expectations news




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