RE: Red to flat29 May 2025 14:11
Yes the radio silence is deafening and frustrating. For me Rockfire is like complicated jigsaw puzzle with just a few pieces missing to complete a stunning picture
Once again and for the benefit of previous and newcomers here’s the last conversation I had with david which he was happy for me to share with you good folks - the SP hasn’t moved since then, make of it as you wish !
Good morning David
I do hope your well - are you able to please update the market on what the exact intentions are for the company ? as it is becoming extremely distressed
Obviously with the market value now so low your not currently going to be raising £3 million before 30th June with the available headroom unless it’s at a premium and it’s quite clear that the drilling permits you so enthusiastically stated would not be a problem obtaining quickly due to all the friendly cooperation in the area are indeed now proving a challenge / or other
I invested in ROCK, because I understood there was potentially a world class essential rare earths resource in the EU Greece Molaoi that would be easy to mine due to local friendly cooperation and the resource shallowness
I must advise that if you choose not to provide any further clarity to the market the share price could fall further making it even harder to raise the £3 million finance you may need before 30th June 2025
Our / your company is an explorer - to be a miner / producer will require 100’s of millions - surely you’re not considering this ?
At this point you should be reaching out to the likes of Metlen energy and metals who list on LSE shortly to JV in and help take this forward, I’m sure there will be many others too including US companies who need these resources so badly
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Thank you for your email. It is very difficult for me to elaborate on any of the points you raise owing to aspects of confidentiality and market materiality. The only information I can provide to you is that our non-drilling work is continuing whilst we await the approval of our permit to drill. I can definitely assure you that the delay being experienced has nothing to do with social acceptance or local opposition to our planned drilling.
As always, I will inform the market at the appropriate time if any developments occur. In the meantime, thank you for your patience as a shareholder. I'm sorry I am not able to be more specific and provide more detail for you at this point in time.
Kind regards,
David
I am happy for you to share this. I am truly sorry that I cannot elaborate more, however I am bound by the MAR Rules not to divulge any information which is not in the public domain.
Kind regards,
David