George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Yes, and BH says in talks with "several" interested parties, fxd.
I believe the meeting was today, not last Tuesday. Apparently the RNS was going to be released last Tuesday am and they changed there minds and released it last Monday afternoon. That is why we have some confusion over which Tuesday.
If you check back through the RNS dated 12th Dec you will see that Mr Black has only sold 6m shares since that date. I do not see what the problem is, he still holds 151m down from 157m
Simple answer, don't invest in it then.
The 3% NSR Royalty will be construed as covering all gold produced from the El Limon mill site, including gold produced from third party ore
-- Each side will cover its own costs
Taken from TIDMRRR
RNS Number : 7039B
Red Rock Resources plc
05 April 2017
Red Rock Resources plc
("Red Rock" or the "Company")
Colombia Update
Hi, GoldGirl take a look at the link below, also half year report is about due this week. Exciting times, I think, we are about the bottom regarding share price. I feel that the last raise of 500k may be an insurance to cover things into next year just in case the plant start-up gets further delayed. Company has no debt.
DYOR of course.
hTtps://www.greatwesternmining.com/investors/company-presentations/
So, I assume half year update within the next two weeks. That should offer some news on cash position? Does anyone have any idea when drill results might be expected? TIA
#GWMO is almost a producer on a small scale to start, yet the market cap is only £2.75m with around 500k in cash just raised. Nevada, exciting prospects, Gold, Silver, Copper JORC. this should be trading MUCH higher, take a look.
We have updated the #gold & #silver production gallery on our website with a drone view and a selection of the processing equipment which is now ready to install.
Please visit our website to view the photos: hTtps://greatwesternmining.com/priorities/reprocessing/
Wonder if Mr Black has suddenly seen value here.
On 11th May RRR raised £530,000.00 approx a little over a month ago, so, I really am not expecting any shares to be issued in the next couple of months, meanwhile we await the DRC payout decision and amount to be awarded. I believe a decision should be made by end July/August in which case a share issue would not be needed.
DYOR.
Best viewed with sub titles as is poor sound quality.
Rubbish, no value is attributed to DRC this company is priced as a shell and nothing more. dyor.
Most trades today where buys.
The trouble is raising cash for tiny aim stocks in the present environment is not easy . It is better than going bust imo and hopefully this is just a short term problem. I Really do think we are now close to receiving substantial cash from DRC. As AB has already said he has seen the draft conclusion, it just waits a signature also JM have said they will release the funds as soon as they are given the official ruling. FXD
price of gold in Aus at all-time high, If the bull run has finally started the IPO should be a resounding success If those drill results come back with promise
Looks like we found something exciting here! Could not come abetter time imo
Hi, I found it useful to listen to it with headphones on, I agree it's not 100% but you can hear it clearly enough. The feeling I took from it was very positive, I think it is a case of not IF but When. A LOT of newsflows due results from Australia, an update re progress in Zimbabwe, and most important a conclusion from DRC, the cash is sitting waiting to be paid just as soon as we have a signature, of course, that`s not the same as saying it`s a done deal but pretty close to it.
I found it a very positive and informative podcast. I first tried to listen through my computer speakers but it was not clear so tried my stereo headphones and it is 90%.
DanielC43R many thanks.
Hi, could you please tell me, how many shares are issued at the present time?
many thanks.