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Red Rock Resources – further judgement in favour in DRC, but what next?

Red Rock Resources (RRR) has announced the Commercial Court of Lubumbashi has issued an executory judgment in its favour for joint venture partner VUP SA to pay it $2 million damages with costs, with there already another judgment for $2.505 million. What of a little changed share price of 0.625p though, albeit at least up from heading towards 0.40p before Christmas?

EPIC RRR
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Why Red Rock should be Tom's tip of the year

Some two years ago, Tom, you made Red Rock Resources Plc (RRR) one of your stocks of the year, and I felt over the ensuing months an added responsibility: that of carrying your colours, with a price target and some promise in relation to hats attached.

EPIC RRR
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Red Rock Resources – DRC and projects updates, some interesting potential & a Glencore legal bonus?

Red Rock Resources (RRR) has announced on its Democratic Republic of Congo interests that it looks forward to further exploration activity after it gets results from a last batch of Luanshimba project (Red Rock 80%) drill samples, that it is investigating cobalt-copper and lithium co-operations and that “recent legal proceedings have been instituted by the company's local partner, VUP SA, which relate to the project assets” (VUP project – Red Rock 50.1%). After speaking to boss Andrew Bell, the latter is potentially very interesting.

EPIC RRR
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Andrew Bell explains why he should not be sacked by Red Rock for Christmas

In bearcast yesterday I discussed whether Andrew Bell would be given the order of the boot at the December/January Red Rock Resources (RRR) AGM where he is up for re-election. There was, I suggested, a reason why some shareholders might feel this was a risk worth taking. Mr Bell has - at my request - responded with his case for the defence. We, as shareholders, can all make up our own minds but a sub 0.5p share price will not help Mr Bell's cause. His detailed case follows:

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