The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
January 4, 2024 - Red Rock Resources Set To Adopt New Strategy
Https://www.chronicle.co.zw/red-rock-resources-set-to-adopt-new-strategy/
The Company anticipates resuming mine production at the historically producing and fully permitted Aurora Mine by the end of F2024. Currently, Cordero mine's production surpasses the capacity of the el Bagre mill, allowing for the building of a stockpile. Once operational, the el Limon mill will process material from Cordero, Aurora and formalized small miners.
The Company also announces the granting of an environmental license to a second small miner operating on the Company's concessions, marking a total of two formalized mines. The combined production from these formalized mines is expected to add 50-75 TPD of feed material.
Https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1464-tsx-venture/soma/153272-update-on-el-limon-mill.html
5 Apr, 2017 | 14:48
Red Rock, Colombia Milling settle dispute over El Limon mine sale
Https://www.spglobal.com/marketintelligence/en/news-insights/trending/8bLI8GwmgM8tePHUXNuWMA2
As part of the settlement, a 3% net smelter return royalty will be construed to cover all gold produced from the El Limon mill site, including gold produced from third-party ore.
Soma Gold Provides update on el Limon Mill
Colombia FollowTSX.V: SOMAWebsite
Mr. Javier Cordova reports:
VANCOUVER, BC, Dec. 20, 2023
Https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1464-tsx-venture/soma/153272-update-on-el-limon-mill.html
Soma Gold Corp. (TSXV: SOMA) (WKN: A2P4DU) (OTC: SMAGF) (the "Company" or "Soma") is pleased to announce that increased production at the Cordero Mine will now support the restart of operations at the el Limon mill, which has been under "care and maintenance" since 2019.
The mill restart process is scheduled to commence in early January, with an estimated completion time of 3-4 months.
The decision to restart the el Limon mill, rather than relocating it to the el Bagre Gold Complex, was influenced by the close proximity of the el Limon mill to the recently acquired Aurora Mine on the OTU Centro concessions.
TwitterX Link - [Dec. 20, 2023 News] Update on El Limon Mill
Https://x.com/SomaGoldCorp/status/1737537866618864120?s=20
IPO is now confirmed for Tuesday 15th of August 2023.
Elephant Oil Corp. to Raise $8 Million in IPO
By Alan Caldwell
AUG 11, 2023
Https://www.energyportal.eu/news/elephant-oil-corp-elep-to-raise-8-million-in-ipo/147616/
Armstrong Investments - Carco Limited
https://www.lse.co.uk/ShareChat.html?ShareTicker=CAR&share=CarL
William Black, Carco Limited, First Equity -
Https://www.investegate.co.uk/announcement/7524909
Armstrong Investments Limited - Isle of Man
Charge Register - Https://services.gov.im/ded/services/companiesregistry/purchasefileanddocumentlist.iom?BusinessEntityId=103249
Company Summary: Https://services.gov.im/ded/services/companiesregistry/viewcompany.iom?Id=PSIy98jyvMW057p6dStYqA%3d%3d
Notification of major holding: Https://www.investegate.co.uk/announcement/7524909
AN INTERESTING REVELATION AS FINANCIER JIM MELLON APPEARS INVOLVED AT LEAST AS AN INVESTOR: Https://www.investegate.co.uk/announcement/7518872
I'm not sure what to read into this though it is open to speculation should he be behind the share buying of Red Rock from a distance.
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Commencement of sales process - Korda Mentha
10 October 2022
Https://hotcopper.com.au/threads/ann-sale-process-commencement-and-resource-upgrade.6634955/
Sale process underway for Salt Lake’s stalled project
10 March 2022
Https://newswires.com.au/companies/ASX:SO4
Receivers for failed Salt Lake Potash are set to test market appetite for the company’s stalled Lake Way sulphate of potash project near Wiluna after pressing the button on a formal sales process.
Salt Lake Potash receiver hunts for buyer; MacCap mandated [Macquarie Capital].
23 February 2022
Https://www.afr.com/street-talk/salt-lake-potash-receiver-hunts-for-buyer-maccap-mandated-20220223-p59yzb
Four months after KordaMentha took the keys at Salt Lake Potash, it has finally kicked off a buyer search with Macquarie Capital’s bankers in tow.
Fair Value is given as 0.57p by SimplyWallStreet.
https://simplywall.st/stocks/gb/diversified-financials/aim-blu/blue-star-capital-shares
a. Where Shares are held in certificated form, a paper form, titled “UK-AUS CDI Issuance”, will
be issued and will need to be completed and returned by post to Computershare along with
the relevant original Share certificates, representing the Shares to be transferred to CHESS
Depositary Nominee Pty Limited (CDN) to enable the issuance of CDIs to occur.
Castillo confirms ‘better than expected” results at The Big One
26 July 2021
Https://themarketbull.com.au/2021/07/26/castillo-confirms-better-than-expected-results-at-the-big-one/
What is the process for awarding mining rights in Kenya? What steps must the company and the government follow?
19 August 2020
Https://transparency.org.au/publications/kenya-mining-licence-process-map/
Companies do not apply directly for mining leases but must first apply for a PL, which is then graduated to a mining lease.
It can be seen from the above that Red Rock Resources PLC's Kenyan subsidiary has a PL (Prospecting License). It has not yet been graduated to a mining lease. So the $2.5 million will not become due for some considerable time.
Evil Knieval at play. A must watch video, QandA session: Https://youtu.be/u6w_iAh8vx0
GPM and GPSS mentioned several times here and there.
July 1 2020 - “The time needed for the Tally banking platform to be rebuilt invariably has a knock on effect, however if by the end of 2020, it is not yet deemed appropriate for Tally to commence IPO preparations then the company shall endeavour to provide current shareholders with some form of a secondary private market for buying or selling Tally shares, to satisfy the appetite for existing shareholders wishing to divest or increase their shareholding,” the company said.
Cameron Parry: https://twitter.com/CameronJParry
Red Rock Resources PLC AIM:RRR - JUPITER MINES LIMITED ASX:JMS - Https://www.rrrplc.com/projects-and-investments/steel-feed/ - Red Rock Resources hold 17,024,914 shares. 5,500,000 Jupiter shares are presently transferred under a loan agreement.
Anglo Pacific own a 0.3% royalty in Mount Ida iron ore production. Red Rock still hold 1.2% at present and 0.75% if the full US$8 million payment is made by Anglo Pacific.
You may or may not consider this a downside. I suppose, holding on to people's cash isn't the right thing to do but I suppose with covid-19 around it's is a sort of plus from an excuse point of view. Personally if I was Dixons Carphone PLC I'd compensate them with a 10% voucher as an apology - we will see.
WARNING!. Before ordering online from Currys-PC World read this article. I can confirm it is true from personal experience: Https://www.thisismoney.co.uk/money/bills/article-8307341/Why-hard-contact-Currys-PC-World-order.html
The company is owned by DIXONS CARPHONE LSE:DC.: Https://en.wikipedia.org/wiki/Currys
Nasdaq price:
https://www.nasdaq.com/market-activity/stocks/tlsa/real-time
Divide by 5 and then by the exchange rate, about 1.23.
$4.7 0 = 76.5p.