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Red Rock Resources PLC

Red Rock Resources eyes up JORC resource after finalising DRC joint venture

Andrew Bell, chairman of Red Rock Resources PLC (LON:RRR), tells Proactive London's Andrew Scott the final documents have now been signed making its cobalt/copper joint venture in the Democratic Republic of Congo fully effective.

The initial focus on the old Musonoi superpit.

Under the joint venture, Red Rock Resources Congo owns 50.1% of VUP Musonoi Mining.

Quick facts: Red Rock Resources PLC

Price: £0.00

Market: AIM
Market Cap: £3.18 m
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Red Rock Resources PLC boss hoping to be cash flow positive by year's end

Andrew Bell, chairman of Red Rock Resources PLC (LON:RRR), is hopeful that the mineral exploration and production company will be ”showing appreciable positive cash flows” by the end of 2016. Bell tells Proactive that if everything goes to plan at Shoats Creek, Red Rock will also “be...

on 1/4/16

2 min read