Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Started: bankrupty, 12 Jun 2024 13:29
Last post: bankrupty, 12 Jun 2024 13:29
i see that there would appear to be a few taking positions on here recently.....i topped up too!
it got me thinking about the small elephant of zinc (including geranium etc.) at depth and our minimum target of 400,000 tonnes of zn equiv. metal which refined is going for £2,800 per tonne so the gross value of the resource on a ***packet is say £1.12bn.
and it's in greece!
and plateau jv with sunshine gold is worth something and if they drill in the right place...(south east i think i said before)..........well who knows? hopefully they will!........... we still own 60% (next year 49% probably) all funded by sunshine!
and we are fully funded with the $2m ? returned to us...and perhaps a bit more besides?
and our market cap of only £4.6m etc.etc.
i can easily see us more like min £46m market cap and an sp of 2p being fair value.......well a ten bagger would be nice....lol
gla
Started: GreatBigPlums, 29 May 2024 14:14
Last post: cazbraz, 10 Jun 2024 10:59
Know how you feel BigPlums - My £10k is at an average of 2.16p so I'll be here a while longer than you methinks!! Still hoping that a resurgence of old will occur one day and we'll see some good upward movement. Would be nice if someone else took an interest in it once we've got a new resource figure confirmed - it's all well and good having it in the ground, but as I've found over at GGP, it needs to be coming out of the ground for shareholders to get any benefit nowadays.
I am in the same boat. Had such high hopes.
Not looked in my dusty bottom drawer in a while and here she blows, my £10k won't be returning anytime soon. No one around either by the looks of things, shares a dead one. Be time to strike this off soon as it's nowhere near my 1p get out and won't hit it either. Woeful.
See you next year!
Last post: MuzzyMRFC, 10 Jun 2024 10:04
These results just get better and money in the bank long term holder .
Started: cazbraz, 21 May 2024 09:50
Last post: smkr, 10 Jun 2024 09:32
Good result. Targeting a 400k tonne resource puts it in the billion range, plus the germanium which is $2800 per kilo just now. Hopefully an update on further Lighthouse gold exploration funded by Sunshine resources on ASX to come too
So IMO just another 800m or a dozen holes or so should achieve the required target......we may even be lucky with the increasing grades on the deeper drills. All to play for here. |Time to top up for me!
GLA
Some good grade results coming through and hopefully the assays currently being assessed will be good too. Now all we need is a smaller spread and some buys may even start up again!
Are they due a copper/gold in Australia update?
The Zinc resource looks solid, but Gold would be good news. 4m cap and got 2m cash in February
Well that RNS for Copper Dome is 3 years old today!
Anything new happened there since?
Very slow going this mining resources lark, isn't it.....
Hopefully EV cars are not vintage by the time we make use of any copper we have!......lol
Copper back in play ...
RNS Number : 0421Z
Rockfire Resources PLC
19 May 2021
19 May 2021
Rockfire Resources plc
("Rockfire" or the "Company")Copper Dome 3D processing pinpoints drilling targets
Rockfire Resources plc (LON: ROCK), the gold and base metal exploration company, is pleased to announce results from 3D processing of helicopter magnetic data at the Company's 100%-owned Copper Dome porphyry project ("Copper Dome") in North Queensland, Australia. The original survey was flown in April 2021 and the newly processed data highlights strongly magnetic drilling targets at depth.
Highlights:
· Two main targets have been highlighted, with both showing very strong magnetic responses, which are being interpreted as magnetite alteration - an important feature associated with many porphyry copper deposits.
· The targets commence approximately 500 m below surface.
· The larger target is 1.5 km long, 700 m wide and occurs between 400 m and 1.3 km deep and remains open beyond that depth.
· The smaller target is 900 m long, 250 m wide and occurs between 600 m and at least 1 km deep.
A fair few sells today.
If there's a RNS tomorrow, or shortly, then this reeks of insider dealing.
Bad news or a raise due?
Started: Luisrob, 15 Apr 2024 09:07
Last post: bankrupty, 30 Apr 2024 09:23
Buys still showing as sells
0.21p seems like a good re-entry point IMO
Buy At best 888,888 1,870.16 0.21p 30/04/2024 N/A Dealt
Account No. B****** AJ Bell for Mr Bankrupty
CONTRACT NOTE
30/04/24 02/05/24 08.23 CM71LC Bought B42TN25
Deal date Settlement date Bought or Sold Time Reference Sedol
Venue Quantity Price Consideration
AQST 888,888 0.0021 1,866.66 GBP
Dealing charge 3.50
_____________
Total debit 1,870.16
ROCKFIRE RESOURCES PLC ORD GBP0.001
This transaction is in respect of AIM securities.
Such securities are not admitted to the official list.
AIM is a market for emerging or small companies.
We have bought for you as agent
GBP
GB
Oooh... a buy!.... Next drill RNS shortly?
In the dark , would not mind being in the dark if the price went
To keep you in the dark….
Just the spread….
Shhhhhh
I bought quite a lot of shares last week, and they all came up yet again as sells .This keeps happening
Started: Out4lunch, 19 Mar 2024 13:54
Last post: Out4lunch, 19 Mar 2024 13:54
Slowly, slowly, drilling indicates positive progress towards target upgrade. I'm really hoping that the upgraded JORC target can be achieved in 2024 giving basis for sale in 2025... currently holding too many explorers in my portfolio, need a SALE!
Good luck all you budding Rockefellers.
Started: ZaphodBeeblebrox, 4 Mar 2024 09:52
Last post: barnetpeter, 4 Mar 2024 10:33
Hopeless. 7 trades plus a larger spread.
No wonder people dont want to invest in the UK mkt at this time.
Good news from recent drill holes generally confirming the 1980s intercepts from the new geotechnical holes, plus confirmation of visible zinc in the new holes, confirming extension of zinc laterally and vertically. Obviously more drilling needed to prove up 400k tons plus of zinc to support a 10 year mine, but they look on their way.
Started: PumpyMcPumpkin, 1 Mar 2024 17:50
Last post: PumpyMcPumpkin, 1 Mar 2024 17:50
10p!
Started: Doozer77, 20 Feb 2024 08:37
Last post: NINJA_HUEY, 20 Feb 2024 11:26
Nothing new to update on, waiting for drill results, updated JORC and all the good bits that come after that. All LTH sitting and waiting patiently
Where is everybody? Has nobody got anything to enlighten us with??
Started: ZaphodBeeblebrox, 16 Feb 2024 09:41
Last post: ZaphodBeeblebrox, 16 Feb 2024 09:41
This BB is deader than the dodo at the moment :-)
Hope we get some news soon so we can do some work on updating the company valuation.
Slowly slowly catch the monkey 🐵
Not happening
Would be very good to see this move past 40.00 today
Good buying pressure building up ...price ticking up now
Moving up nicely ..mms ready to lift this higher
Started: ria20, 1 Feb 2024 14:49
Last post: BigBear2, 1 Feb 2024 17:01
Great news today plenty of cash in bank sweet spot about to be hit….buy and hold.
Crossed 200 day moving average, RSI above 50...LOOKING VERY BULLISH INDEED
Started: ria20, 1 Feb 2024 14:13
Last post: ria20, 1 Feb 2024 14:13
Looking very strong and buys outstripping sells for an afternoon rally should finish strong on close
Started: SHAREINTHIS, 1 Feb 2024 13:56
Last post: SHAREINTHIS, 1 Feb 2024 13:56
Anyone have that elusive Telegram link please.
Started: ria20, 1 Feb 2024 13:50
Last post: ria20, 1 Feb 2024 13:50
Rockfire has been granted permission from the landowner to establish access and to drill at the site. This hole remains in progress and as at the date of this RNS, is at a depth of 210m, with a planned total depth of 300m. The hole is expected to intersect the zinc mineralisation at approximately 275m deep, but visible sulphides are already being recorded in the logging.
Started: ria20, 1 Feb 2024 13:12
Last post: ria20, 1 Feb 2024 13:12
Are also due very soon....great time to be in
Started: SHAREINTHIS, 15 Dec 2023 09:16
Last post: ria20, 1 Feb 2024 12:58
Expecting a strong rise in the afternoon here great news today
Erratum: travesty these are NOT baselined to 0.5p atm,
The drum beat has started. Fundamentals still look good and confidence reasserted that ROCK focuses on what it's good at rather than chasing unicorns.
Also key, the 0.5p mentioned below, travesty these are baselined to 0.5p atm, now that is MM manipulation the bar stewards!!!!!!!!!!!!!!!!!!
Think that delayed buy explains it.
We essentially have a $2mill placing done at 0.5 so no reason why this cannot tick back up to that
Today 11:47
RNS Number : 7324B
Rockfire Resources PLC
01 February 2024
The information contained within this announcement is deemed by the Company to constitute inside information pursuant to Article 7 of EU Regulation 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 as amended.
1 February 2024
Rockfire Resources plc
("Rockfire" or the "Company")Corporate Update
Rockfire Resources plc (LON: ROCK), the base metal, precious metal, and critical mineral exploration company, is pleased to provide the following update to the market.
Further to the announcement on 12 December 2023, confirming that an Exemption Licence is not required for the return of a US$2 million consideration which was paid by Rockfire as part of its terminated acquisition of Emirates Gold DMCC and Emperesse Bullion LLC, Rockfire is pleased to announce that the US$2 million has now arrived in Rockfire's bank account.
These funds will be put towards multiple activities which the Company is currently undertaking. The first is the continuation of drilling at the Company's 100%-owned Molaoi base metal and critical mineral deposit in Greece. Funds will also contribute to on-going working capital requirements of the Company.
At Molaoi, all four drill holes which were drilled as "twin" holes to replicate historical holes have now been completed. Results from holes MO_GTK_008 and MO_GTK_09 were released to the market in an RNS dated 30 January 2024. Samples from holes MO_GTK_010 and MO_GTK_011 are at the laboratory and results are awaited. The market will be informed once these results are available.
Exploration drilling to in-fill a large, undrilled area in the centre of the resource is currently underway. This lack of drilling is a result of steep terrain. Rockfire has been granted permission from the landowner to establish access and to drill at the site. This hole remains in progress and as at the date of this RNS, is at a depth of 210m, with a planned total depth of 300m. The hole is expected to intersect the zinc mineralisation at approximately 275m deep, but visible sulphides are already being recorded in the logging. Resource expansion drilling at depth and towards the north will be on-going over the coming months.
The Company is considering avenues and business development strategies to achieve a cash-positive business for our investors. As planning is in its infancy, no further information is available now. However, the market will be kept fully informed should the Company's strategy advance.
Started: ria20, 1 Feb 2024 12:53
Last post: ria20, 1 Feb 2024 12:53
On the leaderboard...up 10 percent and moving up
Started: ria20, 1 Feb 2024 12:44
Last post: ria20, 1 Feb 2024 12:44
MOVING UP
RECEIPT OF 2MILLION....GREAT RNS
Started: CherchezLaDeniro, 1 Feb 2024 12:40
Last post: CherchezLaDeniro, 1 Feb 2024 12:40
Been looking good here. Good momentum but still got some yo break even but moving in the right direction now.
Started: SHAREINTHIS, 8 Jan 2024 21:21
Last post: Djmtrading91, 21 Jan 2024 14:02
Once it commercially economic studies in place it was previously had infrastructure so it will be handling that well close to road acess it mentioned truck loading they can go for private placement or jv depends on what scale and size of mineral resources at minimum if done right could be 100m to 300m asset like premier African was
Out of curiosity, what price do you think we should be sitting at DJ? and your prediction also after the JORC update?
If the dubi gold wasn't sanction if only then yes 10p
10p!
2 years later still waiting for the 1p club
Started: Sinterklaase, 27 Dec 2023 10:34
Last post: SHAREINTHIS, 3 Jan 2024 13:02
You have to subscribe. Was £79 now I think it may have doubled.
they were good 4 years ago for a year or so
Anyone got a link they could share to southbank report, cant seem to find it
Good start for the week. May it continue but possibly bigger news.
Will read that South bank recommendation again.
Waiting...but it may prove to be a good entry point for those who are not invested....
Southbank Research recently gave this a buy rating due to its suppressed market cap, and in demand scarce critical minerals inferred in the ground.
Are long term holders adding here, or waiting for further news catalysts?