Business
Half-year Financial Report
Red Rock Resources plc has released its unaudited half-yearly results for the six months ended 31 December 2025, reporting a net loss of £1,729,000, an increase from the £1,548,000 loss in the prior year's comparable period. Total assets decreased to £16,940,000 from £19,405,000, primarily due to a reduction in non-current receivables and financial instruments, while cash and cash equivalents saw a significant increase to £223,000 from £6,000. The company is progressing with its social housing joint venture in the DRC, awaiting a Supreme Court judgment on a significant asset sale dispute, and is working on renewing gold licenses in Kenya. Equity attributable to owners of the parent decreased to £7,955,000 from £12,001,000. Disclaimer*
About this update from Red Rock Resources Plc
1 April 2026 Red Rock Resources plc Unaudited Half-Yearly Results for the Six Months Ended 31 December 2025 Red Rock Resources plc ("Red Rock" or "the Company"), the natural resources investment, exploration, and development company with interests in manganese, gold, copper and cobalt, and other materials, announces its half-yearly results for the six months ended 31 December 2025. Chairman's Statement Dear Shareholders, The short period that elapses between the publication of the Final Results, which takes some notice of events between 30th June 2025 and 31st December 2025, means that there may not be much new to say, especially in relation to corporate matters such as arbitration and litigation. Early in the New Year the Company bade farewell to one of its directors. Sam Quinn has given invaluable support during a period where we had to maintain our stability and remain resolute in some of the more difficult jurisdictions in which we operate, and we are grateful to him for his steadfast support. The Company has during the period since December 2025 conducted trips to the Democratic Republic of Congo and has worked on progressing the renewal of its gold licences in Kenya. DRC Matters The social housing joint venture, connected with the Company's plans for mining and its proposed tax regime, is a matter on which progress announcements have been made for over a year The first concrete project under this head was that being entered into with the Ministère du Developpement Rural (Ministry of Rural Development). This has now been through a full tender process, with the extensive tender documents now reviewed by the Direction Générale du Contrôle des Marchés Publics (General Directorate of Public Procurement Control) and other regulators, and our partner can now accept payment from the Ministry for the establishment of the first three factories to manufacture social housing units. This has been a process involving much hard work and follow up but establishes the JV as a provider in this space. The financial implications of this first contract with the Ministry will be set out in further presentation material, but the annual housebuilding capacity implied in this first contract would by unit numbers place the contractor among the top four housing providers if it wa...
View stock analysis, news, and events for Red Rock Resources Plc