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AIM:RRR FRA:R2TA

Red Rock Resources PLC

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Market:
AIM
Market Cap:
£3.76 m
Price
0.54 GBX
Change
-7.69%
52 weeks high
0.59
52 weeks low
0.11

Vision & Strategy

Red Rock creates shareholder value by participating in a diverse portfolio of projects and investments with exposure to commodities across multiple stages of the natural resource cycle. With growing cash-generation from its gold and oil investments, the Company has a platform for growth both organically and from new strategic opportunities.

Strategy

Red Rock executes its corporate strategy designed to create value for investors by leveraging its deep portfolio of existing mineral exploration projects, its more recent ventures into cash generative oil and gas plays as well as its many years of transactional expertise. Project development and investments may include all phases of the natural resource development cycle where the opportunity to add and realise value has been identified.

The Company feels that its broad exposure to a series of commodities from gold and iron to oil and manganese well positions it for outperformance as natural resource markets recover. With both early-stage and production assets, Red Rock seeks to generate revenues to cover heavily reduced overheads while ultimately looking to fund future growth from operational cash flow.

Strategic priorities

  • Short term cash generation
  • Longer term portfolio optimisation and disposal
  • Opportunistic investments at the bottom of the natural resource cycle

Group structure

The Company operates with a lean organisational structure designed to minimise overhead costs.

Key performance indicators

At this stage in the company’s development, the directors regularly monitor key performance indicators associated with liquidity, primary cash flows and bank balances; general administrative expenses, which have been significantly reduced and remain very low relative to its peers; as well as share price performance and appreciation.

Projects and Investments

Projects and Investments: Red Rock manages a diverse portfolio of production and exploration assets across multiple commodities.

Steel Feed

Red Rock has an Investment in a Producing Manganese Asset in South Africa

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Gold

The Company has exposure to gold production in Colombia as well as substantial gold exploration assets in Kenya and Australia.

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Migori Gold Project

  • RRR: 100% Economic Interest
  • RRR: 75% Project Interest
  • 1.2Moz gold JORC Resource
  • Kenyan Greenstone Belt
  • Exploring Partnership Opportunities

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Red Rock Australasia

  • RRAL has been an explorer in Australia since 2008
  • 51.1% owned JV with Power Metal Resources Plc (AIM:POW) in April 2020
  • JV applies for 1835 sq km of gold exploration acreage at Ballarat
  • Major position in heart of Victoria Goldfields
  • Growing exploration interest in area

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El Limon

  • Gold Assets in Colombia sold in 2015 for $5M
  • $3M Payable by Production Royalty
  • Long Term Production Goal of 25,000oz per Year

VIEW PROJECT

UK.

Head office

Business office

Red Rock Resources (We Work)
71-91 Aldwych House
London, WC2B 4HN

T: +44 20 7747 9990
F: +44 20 7747 9998
E: [email protected]

Registered office
Red Rock Resources Plc
Salisbury House
London Wall
London
WC1E 6HQ

AIM Broker

Pello Capital
7th Floor
10 Lower Thames Street
London
EC3R 6AF

Nominated Advisor

Beaumont Cornish Limited
10th Floor, 30 Crown Place
London EC2A 4EB
UK

Nominated Advisor

Beaumont Cornish Limited
10th Floor, 30 Crown Place
London EC2A 4EB
UK

AIM Broker

Pello Capital
7th Floor
10 Lower Thames Street
London
EC3R 6AF

Auditor

Chapman Davis LLP
2 Chapel Court
London SE1 1HH

Accountants

Silvertree Partners LLP
3rd Floor, 14 Hanover Street
London W1S 1YH

Solicitors

Druces LLP
Salisbury House
London Wall
London EC2M 5PS

Registrars

Share Registrars Ltd
The Courtyard, 17 West Street
Farnham GU9 7DR