Member Info for news

Note the RRR tweet with the chart matching the geological, strike etc.
It is based from a "CONSULTANT."
---------CONSULTANT would normally mean CONSULTANT GEO.-------
Can one oppose unless one is a qualified Geo who can sign off with such a view?
For Balance and completeness.
It also stated potential from RRR.
This will NO DOUBT [?] be in the IPO DOCUMENTS for the Australian Stock Exchange as it is NORM to include a CONSULTANT GEO'S REPORT and one who is qualified enough to SIGN such a report.

On Twitter, I have just seen the results of the LITHIUM SPODUMENE auction with the no of bids and the winning price very close to $6,000 per tonne. This is the Pilbara Minerals , $$ billions co on ASX sold to the Chinese?

I didnt take the link down so others can look if they are interested.

Tues, 24 May 2022.

Red Rock Resources tweet:
" The GRANT in Australia of a LICENCE inc the old AJAX MINE which mined 300,000 oz at 14g/t-nearly 0.5oz up to the 1920's is not JUST another announcement for RRR. It changes it undeniable potential; SOME SAY IT COULD BE ANOTHER F O S T E R V I L L E."
-Tues, 24 May 2022 [Post RNS].
----
MAP OF AJAX AND LICENCE
Power Metal Resources[POW] , the other JV partner to Red Rock Resources tweeted the map of Ajax and Licence granted today to RRR/POW. It shows where AJAX mine and LICENCE is and where K I R K L A N D LAKE'S F O S T E R V I L L E is.

Link: https://twitter.com/PowerMetRes/status/1528981304355725314
or https://twitter.com/PowerMetRes

==Earlier post below is another a tweet from Red Rock Resources [RRR] with a factsheet of Ajax/licence area vs Kirkland Lake's FOSTERVILLE, Victoria, Australia which is from
a "CONSULTANT."==

My Comment:
One poster on this forum commented recently that RRR/POW was waiting for the grant of this licence relating to a potential I P O in Australia. I did not want to comment as in my opinion/view, the only licence that would perhaps interest Australians and an attraction would have to be near FOSTERVILLE?

LoL, looks like I was right as to the guessing of where this licence might be OR have to be more accurately.

This IPO [potential] is to be on the ASX market from recall but I dont know the latest.
So, have to wait to see.

DYOR.

Red Rock Resources tweeted:
"One Consultant's view of the Ajax potential."-24 May 2022 [Tues]
[Shows 2 facts sheets of Ajax [RRR licence, Ajax, Victoria, Australia] & Fosterville. For Ajax, strike is 6km & for Fosterville 8km].

Link: https://twitter.com/RRR_RedRock/status/1529005966259273728
-------RRR RNS , Tues, 24 May 2022.------Ajax licence.---

What a hoo haa given today's TOTAL TRADES N U M B E R ONLY 6,
with a total sum of £ 2,675 showing on the page above [London South East RRR].
This is to support my earlier post today under this thread.
---Very people interested so its us the few of us discussing the co's projects etc
as norm. MOST FORUMS HAVE ------------FAR MORE THAN 6 TRADES AND MORE PEOPLE DISCUSSING THE STOCK.---

Therefore, the thesis of ....roompers appears NOT supported by the trades of only 6 for the day.

Mon, 23 May 2022.

So, am I , a RRR shareholder.
My opening primer will be:
[1] Red Rock Resources share price 0.35p /0.4p, Mon 23 May 2022.
[2] Mkt Cap : £4.42 Million.
[3] 52 wk high and low : 1p and 0.3588p.

[4] LATEST INTERIM RESULTS STATEMENT OF 29 APR 2022:
"Exploration ASSETS: £13.653 Million/ £17.624 Million.
Total Equity & Liabilities: £18.314 Million."
-----So, RRR MKT CAP £4.2M VS £13.653 MILLION EXPLORATION ASSETS."---

Interim Statement mentions: CONGO in the statement relating to $20m due to RRR [para phrased].

RED ROCK RESOURCES CHAIRMAN, ANDREW BELL INTERVIEWS:
[1] Proactive Investors, 29.4.22
[2] Stockbox Media Interview, also recently, after RRR interim statement of 29.4.22.

FAO:
FCA
Not difficult to see the dichotomy between mkt cap £4.2m vs £13.653 Million assets
+ 52 week low.
Risk as norm for all exploration stocks.
= Risk vs Reward.
[For darientaylor, Ref: 16:11, Mon 23may 2022 with answer]

darientaylor @16:11, Mon, 23 May 2022
"paid rampers are the most dangerous..." [darientaylor]
Post on this thread.

ON 2 POSTS ON THIS THREAD:
I provided trade data for RRR on Fri, 20 May 2022.[10 bought with detailed trades] @Sun, 22 May 2022 @23:06.
TrickyDicky2 provided trade data for RRR on Fri, 20 May 2022. [10m sold with detailed trades] @ Sun, 23 May 2022 @20:25.
This was to provide data of 20m trades for Fri, 20 May 2022.

----So, darientaylor, if you can make it to FCA, 12 Endeavour Sq, London, E20 1JN
to meet up, I would be most happy that your statement can be investigated by the FCA.
With thanks and with due respect.

Mon, 23 May 2022.

Three on this thread.
Most happy to extend an invitation to meet at the offices of the FSA to provide
proof that there are investors in RRR, rather than...
Mon, 23 May 2022

Also, on HC GLV,
it was posted that they think the SANSANOF-1 will spud on this Thur.
8 days later [Fri] and AFTER weekend, should have some idea?

23.5.22 [HC post today].

On Hotcopper GLV [one of Clontaf's partners]: B E N O 77 posted a map
showing that at the right side THRU SANSANOF-1 is Kingsburgh 4.1 tcf.

I checked Sansanof "Technical info" of 6 pages and found the map Beno77 showed which is WITHIN the licence area.

https://hotcopper.com.au/asx/glv/ [beno77 just posted 23.5.22 on the top thread]

On Hotcopper GLV, Clontarf's other partner/s , they also said the above with location stats.
Sun, 22 May 2022.
https://hotcopper.com/asx/glv/

LoL
AND CONVERSELY, SOME ONE BOUGHT:
3.074 MILLION AT 0.39p.
3.33 MILLION AT 0.39p.
3.798 MILLION at 0.385p
TOTAL : Just a little OVER 10 MILLION BOUGHT.

Its at the top of this page to CHECK.
TrickyDicky2's sell as per his view was:
0.3588p - 2.234 Million
0.3488p - 4 Million
0.36pp -3.765 Million.

Look at the difference in the PRICES between the ones I quote from the PAGE ABOVE and TrickyDicky2 also from the SAME PAGE ABOVE .

------------In short, TrickyDicky2 said 10 MILLION SOLD.----
------------Per the rest of the shares traded, 10 Million BOUGHT.----
Why? Look at the prices.
I got a live quote to SELL at 0.375p and 0.377p to SELL.
And I got a live quote to BUY at 0.38p+.

I have been trying LIVE QUOTES for buying and selling for many days now, all at different times of the day eg mid-morning and closing time.

I have found that it goes to NT at a certain size which is NOT a lot.

So, given that the 20 Million trades on Fri, 20 May 2022 was seen on London South East RRR as above, and stated to be "DELAYED TRADES" , I can only reasonably say that if so, one would have to RING the MM's via the broker on the telephone to get a quote ABOVE the quoted max without going to NT. At my broker, they will charge different commission rates then as it is not AUTO ONLINE DEALING rates.

I also went to the London Stock Exchange site to look and on Fri, 20 May 2022 itself, those delayed trades did NOT show up there.

OF NOTE
Share price has NOT FALLEN to any extent - whilst official ADVERTISED at 0.35p to sell and
0.4p to buy, I recall the broker quoted me 0.375p and 0.377p to sell. To buy , it was about 0.38p and a little over.

I am aware that on any normal day, THERE ARE ONLY ABOUT 3-4 TRADES of small amounts but NOTHING LIKE 3mm+ 2m+ of which the 20m were made up of.

The only LOGICAL CONCLUSION is there was an order to BUY and given the shares are tightly held by some big holders, it could be the only way is via SYNTHETIC STOCK?

Or there was a seller contacted by the MM's to sell as norm procedure and this was to fill an
order?

I tried a LIVE SELL and the broker would take everything ALL AT ONE GO which is not norm.
Normal mkt size is only 150,000 shares. At times, this is not so. So, if the MM'S want to buy FROM ME , THEN THEY MUST HAVE AN ORDER TO FILL?

I am not an expert but this is the possible as norm , hence why the SHARE PRICE DID NOT DIVE if they were all SELLS only.

At 20m, it would have been an avalanche vs 450,000 [1 trade] bought on Fri, 20 May 2022 as seen above.

However, on most forums, they always conclude - TO EVERY SELL THERE IS A BUY.
I know the VOLUME IS MOST UNUSUAL. Sorry for typos as not editing due to dyd strain.

Sun, 22 May 2022.

On Fri, 20 May 2022, take a look at the free data from London South East FREE at the top of this page. CLICK see all trades.

Then, put one's mouse [computer ] to the RIGHT of each trade and one will see it is DENOTED "DELAYED PUBLICATION" and the trade in "BLACK" lettering [Not Blue for Buy or Red for Sell].

I checked each one and they were THE LARGE DELAYED PUBLICATION TRADES ABOVE:
3.798 million, 2.234 million, 3.33million, 4 million, 3.765 million and 3.074million. I added them roughly and they total some 20 MILLION. There was also one for 1m from recall but it was in blue.

LONDON SOUTH EAST
To the top of this page, it stated that there was only 450,000 shares bought @$1.8k and NO SELLS.
I checked the trades and one was at 8:15am, 20.5.22 for 450,000 shares bought.

NORMAL MARKET SIZE
It is 150,000 [NMS] - see page on top.

My comment:
The advertised price was 0.35p to sell and 0.4p to buy.
However, LIVE PRICE was very much HIGHER when I tried a sell on Fri, 20 May 2022 and it was NOT 0.35p. To buy, I got a LIVE price but NOT at 0.4p. So, advertised price is not correct.
During trading hrs, one is not allowed to give out liv prices so one has to do one's own live quoted for SELL and BUY.

MM
I tried selling and the MM would take more than NMS of 150,000 which is not always especially if there is no RNS on that day or news.

So, LIQUIDITY appears to be good when I tried live quotes to sell on Fri, 20.5.22 towards end of the mkt day near 4.30pm.

---------------To every BUY, there is a SELL as norm?--------

I have been taking down LIVE PRICES for many days and depending on the time of the day
the prices fluctuate in terms of spread but they are around the live price.

So, yes, the trades are LARGE and not commonly seen for the days that I have seen.

Just for discussion.

Sat, 21 May 2022.

[1] Sansanof-1- Western Australia, Gas drill
Think he said payzone, 1st week.
etc. 2.6TCF [comm] - "MONETISE FOR CASH."

[2] Another Clay from Hess.

[3] Ghana.
Waiting. Hot in coming moths.

[4] Lithium-Bolivia
Reform, 4 mths
49% Clon , 51% state co. [JV]

So, lots coming on the horizon? As for another clay in the area, could be Merriwee, further up? Mr Horgan didnt mention the name but Merriwee appears not drilled yet in the same area as Sasanof-1.

Fri, 20 May 2022.

iLOVElithium
Recommend.

PRE-PRODUCTION
The market [analysts etc] values a company by --peer-- analysis.
For example, the Indonesia exploration co on AIM - Liberum did a peer analysis of another ASX co, also exploring in Indonesia [copper] that was taken out and used this example in the note.

VALUATION
It is useful to always know the value of the co one is invested in especially if they have a JORC eg PREM's Zulu lithium project has a JORC of 20Mt vs Ghana lithium explorer, also with JORC of 20Mt and only recently upgraded to 30Mt but still NO DFS yet [currently new situ is the co is in bid-situation]. This is also history. As iLOVElithium said, the mkt cap is around £250m to £350m depending on the share price.

AMUR MINERALS
Although in Russia, this exploration co received a takeover bid of some US$105m from recall.
This was multiples of the mkt cap even though their RNS stated that the
VALUATION DONE via "Fair Value" was in a range and it attracted a lower range because o;f the turmoil in Russia. This is a nickel project but it serves to illustrate that
VALUATION done presumably as norm by an investment bank has to be at "FAIR VALUE" as required and the AMUR RNS stated that PEER VALUATION was taken into consideration at Mergers & Acquisition level. This is now history.

So, always good to know the value it will fetch in the market given it was said by G.Roach, CEO of PREM that he didnt want to sell Zulu even though there was in Zimbabwe press that there were offers but no one can verify that unless G.Roach tells us etc?

So, always good to know what is fair value that underpins one's stock?

All part of DYOR and due diligence.

Thur, 19 May 2022.

"Woodside investors appprovare merger with BHP upstream."-Angus Media, 42 mins ago, Thur 19 May 2022.

"Woodside and BHP are partners in the 13 t c f S C A R B O R O U G H field, Carnavon basin, Off Western Australia and N. West shelf of LNG, Western Australia.

includes Gulf of Mexico, Trinidad & Tobago etc.

My Comment:
Interesting news given the merger will be on 1 June 2022.
Scarborough is West [top of Pinhoe, west of SANSANOF-1].

On Hotcopper PRM and GLV, they are discussing:
[1] The info from GLV relating to discoveries to RIGHT of Sansantof ie Mentroc [down dip] and updip, PINHOE and Wheat [up-dip], LEFT of Sansantof.

So, from 3D seismic, from an academic point, it is of interest relating to "TRAP."

A/c to the Australia currently, they are looking out for gas shows and price action could follow and then final results. Also, they are looking for oppies action?

Have a look if interested given that both GLV and PRM are also joint investors in Sansanof-1 as Clon.
https://hotcopper.com.au/asx/prm/
https://hotcopper.com.au/asx/glv/

Thur, 19 May 2022.

I went to Hotcopper PRM and saw their RNS/ANN of 18 May 2022 that stated
drilling at Sansanof-1 [Clon has 10%] starts on coming Mon?
Link: https://twitter.com/asx/prm/

Thur, 19 May 2022.

Caps to show the difference between "generally regarded the largest...." per PREM given only 35% of 3.5km S T R I K E has been MRE'ed.

In the article, "Possibly the LARGEST...." is the norm for all publications.

Key word is "STRIKE."