Member Info for BigBear2

Yup one of the, is mine!
Last cheeky top up. Let’s be ‘avin ya Artie….time to shine.

Is that the timing of the results is to coincide with the announcement on CUDA
The ONLY viable reason for a placing is that a top up was needed on the original bid to get the deal done.
IF there is a placing I am cool with that as any numb nut (yes even Irons) can see that’s long term value add.

Can’t see it though as `I feel we would have known by now and funds would have been required up front(at least evidence of cash in bank)

Let’s see what happens only 12 hrs or so to wait…

Significant zinc asset due to formally be taken over by ROCK in the next week….

Rockfire wins tender for high-grade zinc deposit



Rockfire Resources plc (LON: ROCK), the gold and base metal exploration company, is pleased to announce that it has won the open international tender for 100% ownership of a 30-year licence to explore and mine the high-grade Molaoi Zn/Pb/Ag deposit ("Molaoi"), located in the Hellenic Republic of Greece ("Greece").



As per Rockfire's RNS dated 23 December 2021, Rockfire participated in the tender under a Memorandum of Understanding ("MOU") with a local Greek company, Hellenic Minerals IKE ("Hellenic"), the applicant in the tender, and will acquire 100% of the shares in Hellenic to acquire 100% ownership of the rights to explore, develop and mine Molaoi. The transfer of Hellenic shares to Rockfire is expected to occur within the next 30 days.

Sounds like Art is ringing last orders.
We know the results should be pretty neutral but will we get the long awaited ‘Brucie `bonus’?

There is a balance to be struck.
We just need to be told what is going on and the forward plan to monetise our excellent asset.
Not too much too ask surely?

lol like most of us feeling a little punch drunk after months of waiting

We want CUDA and we want it NOW!

Going on past form after the close for Canucks first then we get a summary tomorrow

What’s it all about
Hopefully 6 bags after next RNS!

As per Rockfire's RNS dated 23 December 2021, Rockfire participated in the tender under a Memorandum of Understanding ("MOU") with a local Greek company, Hellenic Minerals IKE ("Hellenic"), the applicant in the tender, and will acquire 100% of the shares in Hellenic to acquire 100% ownership of the rights to explore, develop and mine Molaoi. The transfer of Hellenic shares to Rockfire is expected to occur within the next 30 days.



Highlights



· Some of the outstanding results from historical drilling at Molaoi include:



· 10.4 m @ 10.63 % Zn, 1.45% Pb, & 62 g/t Ag (AN011, from 79 m)



· 15.0 m @ 11.94 % Zn, 1.96% Pb, & 66 g/t Ag (AN017, from 136 m)



· 7.0 m @ 14.96 % Zn, 2.13% Pb, & 63 g/t Ag (AN028, from 187 m)



· 7.0 m @ 19.17 % Zn, 2.89% Pb, & 76 g/t Ag (B010, from 43 m)



· 9.9 m @ 18.06 % Zn, 2.87% Pb, & 91 g/t Ag (B011, from 184 m)



· 2.8 m @ 26.51 % Zn, 1.87% Pb, & 80 g/t Ag (BG013, from 57 m)



· 173 cored holes have been drilled by the Greek State at Molaoi, largely concentrated in a strike length of 1.5 km long.

That’s twice he has made it clear ROCK are funded
Looking forward to the presentation where I am sure DP will be Uber bullish

Zinc asset owner took shares at circa 1p
Last placing was at 0.8
Imho this is a great chance to load up ahead of the action at historic lows

Priced at nil currently

Winning the bid for Molaoi is a remarkable and important achievement for Rockfire and Hellenic. Molaoi is an outstanding high-grade zinc deposit, and the addition of the project strategically complements Rockfire's existing portfolio of precious and base metal assets.



"The Project provides an exceptional opportunity for the Company to deliver JORC compliant mineral resources. Molaoi has significant exploration upside for discovery in all directions and is also prospective for copper and gold, neither of which have been systematically analysed during historical drilling.



"Greece offers a low-risk jurisdiction with a modern mining legislation and an active and progressive mining industry, making it an attractive destination for the Company. The Greek Government is encouraging international investment in its resources sector and Rockfire intends to work very closely with the Greek State.

DP going out of his way to emphasise funded

"Rockfire's management is very pleased with the progress being made by the Company across its portfolio and we wish to thank all our shareholders for their continued support as we create and sustain further value in our projects. The continued addition of mineral resources to our Company builds value and ultimately shareholder wealth. I would like to emphasise that Rockfire has sufficient funding to maintain our current exploration momentum. We will continue to keep the market up to date as our work progresses."

Your probably right. Got a decent wedge to put in here on relist.

I don’t see how they can say they are fully funded for the year for anything other than paying salaries?
Any new venture would need a cash injection which would in turn mean a discount cash raise and likely consolidation

All I want to here is no near term
Placing
Then he can also answer why copperhead drill program was so painfully slow

Not so much liking RA just seems that when POG and POLY have been allowed to trade (you could argue Russian gold is essentially funding the ‘war machine’ it seemed a bit of a stretch to single out an organisation that has been on the FTSE because some steel may have made it into a Russian tank. They should have banned all Russian based stocks if wanting to make a stance.

US OTC in line with aim
$0.0094

Seems nuts to me the boot is being put into Roman when he is inVolved in peace talks…
No reason for this to be suspended any longer…

Leaked placing?