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Jupiter Mines - Update

30 Apr 2019 13:36

RNS Number : 5982X
Red Rock Resources plc
30 April 2019
 

Red Rock Resources plc

("Red Rock " or the "Company")

 

Jupiter Mines - Update

 

30 April 2019

 

Red Rock Resources Plc, the natural resource development company with interests in gold and steel feed materials, announces that Jupiter Mines Limited ("Jupiter", ASX:JMS), an Australian public company in which Red Rock holds 18,524,914 shares (0.95%), has released preliminary financial results for the year ending 28 February 2019. The preliminary financial results are based on a draft financial report which is in the process of being audited.

 

 

Highlights

 

· Consolidated pretax profit +88.4% to A$192.026m

· Consolidated net profit +54.2% to A$142.187m

· Net earnings per share +67.5% to A$0.0727

· Manganese sales from Tshipi mine +5.1% to 3.51mt

· Average Manganese ore price in year US$6.00 FOB per DMTU (dry metric ton unit) [note: currently US$5.40]

· Cost of production during the year averaging ZAR 30.66 per DMTU, FOB, making Tshipi one of the lowest cost manganese producers

 

The full announcement can be found at: https://www.jupitermines.com/cproot/896/3/20190430%20Jupiter%20Mines%20Preliminary%20Final%20Report%2028%20February%202019.pdf 

 

The closing price of Jupiter shares on the Australian Stock Exchange today was A$0.355, making Red Rock's holding worth A$6,576,344.

 

 

For further information, please contact:

 

Andrew Bell 0207 747 9990 Chairman Red Rock Resources Plc

Scott Kaintz 0207 747 9990 Director Red Rock Resources Plc

Roland Cornish/ Rosalind Hill Abrahams 0207 628 3396 NOMAD Beaumont Cornish Limited

Jason Robertson 0207 374 2212 Broker First Equity Limited

 

 

OK then..

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
MSCUROURKSASOAR
Date   Source Headline
20th Sep 201711:04 amRNSRepayment on Loan Note
15th Sep 20179:21 amRNSHolding(s) in Company
11th Sep 201712:09 pmRNSJupiter Mines Buy-Back
8th Sep 20177:00 amRNSUpdate on Steelmin Investment
6th Sep 201712:42 pmRNSShoats Creek Update
31st Jul 20177:00 amRNSJupiter Mines: Update
21st Jul 201711:52 amRNSShoats Creek Update
14th Jul 20177:00 amRNSJupiter Mines: Update
3rd Jul 201711:19 amRNSUpdate on Steelmin Limited Investment
28th Jun 20173:29 pmRNSHolding(s) in Company
27th Jun 20171:57 pmRNSJupiter Mines: Update
23rd Jun 20177:00 amRNSAcquisition of Interest in Steelmin Limited
12th Jun 20177:00 amRNSUpdate
5th Jun 20179:20 amRNSJupiter Mines: update
3rd May 20173:30 pmRNSTotal Voting Rights
25th Apr 20176:11 pmRNSHolding(s) in Company
13th Apr 20173:45 pmRNSHolding(s) in Company
6th Apr 201710:53 amRNSIncentive plan share issue, Directors' dealings
5th Apr 20173:38 pmRNSColombia Update
22nd Mar 20174:37 pmRNSUnaudited half-yearly results
14th Mar 201712:13 pmRNSJupiter Mines: appointment of financial adviser
13th Mar 201712:31 pmRNSReplacement: Jupiter Mines: Update
13th Mar 201710:57 amRNSJupiter Mines: Update
22nd Feb 20177:00 amRNSUpdate - Shoats Creek
6th Feb 20178:18 amRNSHolding(s) in Company
23rd Jan 20177:07 amRNSColumbia Update
23rd Jan 20177:00 amRNSJupiter Mines:Equal Access Buy Back
16th Jan 20177:00 amRNSGrant of Options, Directors' Shareholdings
12th Jan 20177:00 amRNSShoats Creek Update
10th Jan 20172:22 pmRNSHolding(s) in Company
30th Dec 201611:37 amRNSResult of AGM
13th Dec 20167:00 amRNSUpdate on investments
12th Dec 20162:30 pmRNSHolding(s) in Company
1st Dec 20167:00 amRNSFinal Results
21st Nov 20167:00 amRNSJupiter Mines: US$55m Distribution to Shareholders
14th Oct 201611:00 amRNSUpdate - gas production at Shoats Creek
19th Sep 20162:57 pmRNSHolding(s) in Company
7th Sep 20162:18 pmRNSHolding(s) in Company
5th Sep 201611:05 amRNSSecond Price Monitoring Extn
5th Sep 201611:00 amRNSPrice Monitoring Extension
5th Sep 20167:00 amRNSUpdate
31st Aug 20166:24 pmRNSTotal Voting Rights
24th Aug 20167:00 amRNSStrategic Financing and TVR
16th Aug 20167:00 amRNSUpdate
28th Jul 20169:57 amRNSAcquisition of Further Interest in Goldstone
28th Jul 20167:01 amRNSShoats Creek Update
14th Jul 20169:00 amRNSShoats Creek Operations Update
1st Jul 201612:04 pmRNSUpdate on El Limon
20th Jun 20169:05 amRNSSecond Price Monitoring Extn
20th Jun 20169:00 amRNSPrice Monitoring Extension

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