Question 1

How much is the Lot 1 final award valued at for Koto DRC SARL?

Accepted Answer

The Lot 1 final award is valued at $7.16m and clears the way for an initial payment to Koto DRC SARL.

Question 2

How does Red Rock Resources describe the structure of the DRC low-cost housing contract?

Accepted Answer

Red Rock Resources says the housing contract is structured as a social-benefit component tied to future mining activity, so its delivery depends on broader project development timelines and government approvals.

Question 3

What did Red Rock say it needs to support its stretched financial position in its April interim statement?

Accepted Answer

Red Rock said progress in the DRC and asset sales were needed to support a stretched financial position.

Question 4

What contract did Koto DRC SARL sign with the DRC Ministry of Rural Development?

Accepted Answer

Koto DRC SARL signed a contract with the DRC Ministry of Rural Development for the construction of the first low-cost housing wall-panels factory in Kinshasa.

Question 5

What does Red Rock now expect to do to raise further funds?

Accepted Answer

Red Rock now expects to raise further funds through disposals or other means, while relying on continued support from key stakeholders.

Question 6

What does Red Rock Resources say is a near-term dependency for its DRC low-cost housing factories?

Accepted Answer

Red Rock Resources says it depends on completing formal procurement and executing the final contracts, including submitting a signed letter of engagement, drawing initial funds, and planned Ministry site visits.

Timeline

Red Rock Resources

Red Rock Resources DRC housing JV receives provisional contract award

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