Rambler Share Chat (RMM)

djryan777 Can i ask you , why has this company not been bought out if it is such a shore winner. It has always intrigued me and you will notice i have been posting on this board for over 5 years and have always had an interest.

djryan777 it will take time, now let the ii sweat and we will get a better price for the stock IMO. Only thing i will add is labour costs / H&S Canada , it's not Africa.

comeonvog …….we all understand your point that ramblers last four years have been loss after loss, but we can all clearly see why and that's why we are interested at 26 million cap with the potential as we can get fast results. we are not sitting on an exploration firm . we are making money. The metrics were off with the copper price been persistently low. I've done around 100 hours of research and fully believe the company already is profitable on 2018/2019 numbers. the company can reduce costs. It just needs a chance to flourish this next few years. we now have the copper price. Your obviously sceptical on the grades but again that's probably down to poor research and you not realising we are in the lower zone.

historically 2018 was 1.25%
2019 1.45%

if we are to believe the company it will be moving to 2% this year so add that metric to copper 30% higher

any dummy can see that the company only need to operate at 2019 throughput to turn a profit hence why we are all piling in. hence why I have 1.35% of the company.

2022 ore sorting reduces costs significantly

we can then operate at lower copper prices or make more money at a higher one.

we are buying and relocating another mill for 2025 , throughput can double. imagine if all goes to plan,. we have a competent CEO on board well incentivised.

That's more like it, your better that the pumpers who just want profit and screw you attitude. This will take some sorting out to become profitable but they do now have a chance with the ex SHG appointment . IMO. What i do not understand is why we give money to the ii so they can flip the placing stock at such a high premium , they have taken no risk as i see it.

Also I value rambler at 26 million on this intercept alone

EXPLORATION SUMMARY

·; 1,992 meters of exploration drilling was completed from September 1, 2019 (the cut-off date of the previous exploration press release dated November 4, 2019) to November 15, 2019, at an average all-in direct drilling cost of CDN$75 per meter;

·; New drill holes have intercepted the Ming North Zone (MNZ) of massive sulfide mineralization approximately 140 meters down plunge of the previous deepest hole drilled in the MNZ that intercepted the ore zone (Hole R19-745-04). Highlights from the latest drilling include:

o R19-745-08 - 74.75 meters (m) downhole width of 8.98% copper with 2.16 grams per tonne (g/t) gold and 14.23 g/t silver, which includes two separate intervals shown below;

o Including - 27.77 meters (m) downhole width of 11.97% copper with 3.14 grams per tonne (g/t) gold and 19.23 g/t silver

o And including - 19.30 meters (m) downhole width of 14.85% copper with 2.94 g/t gold and 21.57 g/t silver

·; A new drill hole has intercepted the 1807 Zone (1807) of massive sulfide approximately 130 meters down plunge of the previous deepest hole drilled in the 1807 Zone (Hole R17-660-26). Highlights include:

o R19-735-01 - 7.00 m (downhole) of 1.84% copper with 8.35 g/t gold and 40.83 g/t silver

o R19-735-01 - 5.43m (downhole) of 2.02% copper with 1.80 g/t gold and 20.57 g/t silver

o R19-735-01 - 10.94m (downhole) of 1.84% copper with 1.22 g/t gold and 26.79 g/t silver

o R19-735-01 - 14.00m (downhole) of 1.33% copper with 5.42 g/t gold and 63.16 g/t silver

quite simply they keep getting intercepts like that and it will be noticed. The intercepts are actually better than greatland gold

GGP is undercover starting at 400 meters down. ours is much more shallow , we are also in the higher grade blocks of the mine plan which has taken time to access. so its a case of perfect timing to hit 2% copper into a higher copper price.

FSA15 Really, then why did they have a MC of 2 million before the placing.

Evan3020 who said i didn't get it , but you wont see me hype it up to then sell .

You plonker the answers are a massive mcap with zero profits.
Rmm albeit is not sat on such a big mine but it is already a functioning, producing mine, actually generating an income so a mcap of less than £30m is cheap!

completely agree with you on the fact a lot never make a profit. But we have more evidence right in front of us on past performance that rambler makes a profit at this copper price. watch the market go giddy if they pull it off and then you will be nowhere. Of course the success can fall anywhere in-between these expectations but at 26 million its a good speculative play. If it was sold as is it should be worth 100 million on assets and reserves.

A big miner taking over with the resources could easily take this to the next level and god knows why its not had an approach. its on its final chance.

AIM is a funny place and rambler could easily be valued double this SP on any sniff of good progress. in my eyes its not worth worrying about the SP as its a fantasy valuation. just push in and ignore it. I've a good feeling it will come good. if not I lose half my money.

If GGP is worth 1.4 billion without a shovel in the ground with only 30% and EUA is nearly a billion in Russia then I think I will take my chances on rambler. it had a terrible raise because of covid and for me that situation will never occur again as copper and al commodities will be inflated for good into huge demand and the obvious printing of money creating inflation in commodities.

all in my opinion and I get where your coming from on past performance but I for one have looked to the reasons for the failures and believe they can do it. I also believe they were in the process or improving as ive stated.

copper prices are of course Key , They need to stay over 3.25 in my eyes for the next few years while rambler reduce costs and improve production.

If he had wanted 0.23 then he could have had it as i bought at that price before christmas.

FSA15 And another one. It's all in the accounts have a look.

Aubery Not all new is it.

Comeonvog... one question... how much money does ggp make and what is its mcap?? ...ok thats 2 questions....

Comonvog has an agenda snd that is to upset as many on this board as possible and looking to gain entry lower .
As it has been said the shares issue is no issue for new investors! Plenty of upside here at this MCap which is clear to see! Simple here buy and hold this time next year these prices will be a distant memory.
GLA genuine holders

Management have failed,
That’s why we have new management

Agreed dj
This is effectively a new company. Shocking for previous PI’s.
Unless you’re a day trader I see little point discussing the daily SP

Comeonvog. U an idiot. Management have changed

djryan777 Then why such a long justification post if your beliefs are so strong. The management to date has failed.

personally I don't care what you think , or anyone for that matter, I'm not a positional trader. my first buy here was at 0.25 then 0.27 then all the way to 0.40
I'm not interested in the fact we have 8 billion in issue shares as I bought them diluted and that's why I have 100 million and not 20 million.

you've shown your hand you wanted 0.23 , you thought you were smart and you did not get it, the price moved 60% and some people never make those gains in a lifetime. I'm not surprised the SP has retraced a little as SP's do not run in straight lines. But it could of easily moved even higher etc and might do in the coming weeks. personally I think it will move between 0.30-0.40 till news.

don't try and tell us all the negatives when we are fully researched. I didn't buy this 100-150 million level I bought it at 26 million and I fully understand the risk/reward as do we all , if your done with stating the obvious we can conclude this discussion.

lets see where rambler is a year from now. we can only invest on the potential and believe in the bod. it all looks like a very credible turnaround proposition. the numbers are not fantasy and they only need a small continuation on 2019 numbers.

we have to exclude this year and in the next update all I want to know is what throughput is and what the grade is and what new equipment is commissioned if any. 2020 is a fresh and they have no covid shutdowns as its classed as essential , They also have no reported cases and are in a remote area. no reason whatsoever that the throughput is not up to at least 2019 levels .

even you must be able to figure that todays copper price makes 2019 numbers profitable

add higher grade and higher throughput then 2022 is set up for ore sorting bringing c1 costs lower

I'm here as this is excellent leverage to my belief that copper is going 50% higher from todays prices and will stay high for at least 5 years ……..Rambler should thrive in that environment.

The simple fact is if rambler was operating in 2018/2019 at todays prices they would of turned a profit 2019

djryan777 some company's never make a profit , many mining projects fail or are we living in cloud cuckoo land .See you under 0.3p .

Lets look what we get for 26 million pounds

A functioning high grade copper and gold mine with silver as well , all infrastructure in Canada, 20 year mine plan with exploration upside. If this was a explorer it would be valued at the current market cap with ease.

They could only dream of getting the funding to build a mine with infrastructure in Canada! its built for Christ sake.

again the current share issue isn't relevant when investing a fresh. its why the opportunity is here in front of your eyes. this is a 250 million pound company that's fallen on hard times due to a persistently low copper price. it has never had the cashflow to make improvements. it did manage to get to base camp so to speak in 2018/2019.

we now have all debts paid and have the money to implement further changes, in a sense its like a snowball now. it can build from here . that's appealing at this SP

The rampers appear to have moved on so I think todays SP is more of an opportunity.

I will give anybody advice if they want to make money on any share , invest do not trade. The company is no different from when it was 0.41 a week ago. The tide will ebb and flow but the company and outcome will be what they will be. we only need a medium level of success to double our money from here. All goes to plan this will move 250 million cap in 2 years.

But at this market cap it represent a very low risk high reward investment. its not like an exploration play where your waiting for jam tomorrow. the jam is been put in jars and as we know the market forward prices.

Turn off , be patient and lets see what the next update brings.

djryan777 see you below 0.3p And i will rub it in . Thought more highly of you but your just another position poster.

Comeonvog Yea pull the other one. We're all invested to make money....not to do good works.
Tell you what if you're so giving and kind sell all the stocks you have at a discount. People would love you for that. Idiot.

Staying put until this company gives me some news at least. Likely here for 3 years all going to plan.

Buy now or regret at leasure....

Comeonvog has an agenda i think. He's trying to get people to sell.
The smart money is Hold...or Buy. Until the RNS gives a birds eye view at the least.
After all....he's being sooooo negative :-)