Member Info for BigBear2

Nice top up at a great price
Be great if we got an intra day RNS

No new US Federal Oil and Gas Leases will be issued offshore, or onshore through the Bureau of Land Management an arm of the US Department of the Interior.
· There will be a review of existing leases and permitting for oil and gas operations conducted on Federal lands.

Red dot tomorrow can feel it in my water lol...not feeling jaded just wish I had more to top up with

Last placing was above 1.6p...plenty of cash here..

· Successful raise of £1,050,075, through a placing of 64,620,000 new ordinary shares of 0.1p each in the Company (the "Placing Shares") at an issue price of 1.625 pence per Placing Share (the "Placing")
· The Placing Shares are being issued at a price of 1.625 pence per Placing Share, in-line with the Volume Weighted Average Price ("VWAP") for the ten day period prior to this announcement of 1.628 pence. The Company will not be issuing any warrants in connection with the Placing.
· The Placing Shares will represent approximately 7.91 per cent. of the enlarged issued share capital of the Company and have been subscribed for by a combination of new investors and existing shareholders.
· The net proceeds of the Placing provide the Company sufficient funding to expand its drilling programme at Plateau, should a main gold mineralised zone be encountered in the current drilling programme. The Company remains a focussed, results-driven explorer, and proceeds from the Placing ensure that the Company has funding in place to target a large gold mineralised system.

David Price, Chief Executive of Rockfire, said: "The Company has the philosophy that if our exploration proves successful and a main gold mineralised zone similar to Mt Wright is intersected, we would wish to expand our drilling at an accelerated rate. These funds provide an opportunity for Rockfire to either drill more holes at depth, or to engage multiple drilling rigs to drill simultaneously."

Peeps buying at a premium to the placing you can see the huge dumps going through....

Is quite simply this bagged before the (great) news...
Farm out will take a while the data room only opened in Jan...
So we have a news gap. Would make sense to place IMHO as we are still 100% up on yearly lows, so just get fully funded....

Will be more than last time IMHO.
V similar to COPL in that the 3 weeks or so to finance allow placees to dump at a profit and can simply take up options with their easy profit. 2 weeks of churn IMHO...

Thought they would need another top up

To get more cheap stock....still way below last placing.

Be a sell as I said they are clearing the placing stock as we have a nice 2 week gap till finance closing

Clearly dumping stock at 20 percent profit, they will simply then buy back on the option. Easy money for mates...
Still things looking very good here once debt faculty signed and draw down done.

Anything over 100 would be good.
Just as ever awaiting news do feet up for now, hopefully be soon.

2 new MMS on the book, getting ready for news...

Notice the tiny trades used by MMS to fek with the spread don’t give them any cheap stock, news could literally drop at any minute last RNS was intraday...

JORC and Soil Sample update due....

Geological and mineralisation modelling is nearing completion to update the JORC resource at the Plateau gold deposit ("Plateau"), within the Lighthouse tenement. Resources will be estimated for both the Eastern Breccia and the Central Breccia. It is now expected that the resource update will be released earlier than anticipated and prior to the end of January 2021. In July 2019, Rockfire announced a maiden JORC resource of 1,147,330 t @ 1.10 g/t Au for a total of 40,400 ounces of gold at Plateau.



· The Company's structural geology consultant is continuing work to model Plateau, aiming to provide further drill targets.



· Also within the Lighthouse licence, results from detailed soil sampling at Bell Rock and Jeddah gold prospects should be available before the end of January 2021.

Is firming up, MMS starting to get lined up for news....

The problem is until the BOD are kind enough to let us know about bondholder discussions it’s of little relevance

The last RNS was intraday.....

The ROCK may be starting to roll AGAIN

Indeed I chipped in with 1.3 mill, hopefully that will give us a shove.
I am staying away from what I believe are high risk AIM stocks and all you need to do I’s buy these when you can and hold.
We know there will be an upgrade on the JORC just a matter of how much.
GL all.