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Ftseinvesotor you are dilusonal nobodies gonna but this shxt show, it’s been in this position countless times in the past and there’s never been a white knight to buy this waxk stain of a company, the CEO will resign they will issue shares then consolidate wiping out all us unfortunate mugs, appoint a new CEO with a proven track record and promise this that and the other and so the cycle of deceit continues
Since day 1 this company as never made a single £1 in profit, always promises jam tomorrow crap, it will be in the same position in another 3 years with a shed load of new suckers and false promises
Probably we are going to get an offer soon .my expectation is 30p+ considering the asset value and current status of production .there was no reason of car crash RNs unless they are dealing a sale offer ..imho .
Just need to sell Ming mine and little dear and give our money back
ATB Stenson, iam nearly tottaly convicted that is that...
I think 2p would be safe when dilution happens,is this fair or am I too low with my estimates,also there should be news this week,so will wait until then
Dilberate mismanagement can't be ruled out either, happens all the time as it makes some people very rich and us investors come to the wall. Maybe I'm giving the board even too much credit and they are just totally incompetent and couldn't be trusted to run a bath. Being the case mistakes I accept can be made and they have had the unexpected headwinds to deal with (war, raging inflation etc; but to release that very positive r.s.n around June which showed a complety different business to what the reality actually was . That's when I and so many other people I presume pumped loads more hard earned cash into a company that was in dire straits at that minute in time. Hence the reason for June finishing the monthly reporting lol. I'd love to be fit to say something positive about rambler and fair play to @ajones who is giving some hope with her thoughts to how we mightn't be a lost cause and keeping board balanced against the negativity my own included. Unfortunately I've been here to long , losing far to much money and seen bull**** after bull**** to see any positives ATM . Last post from myself till we hear from the board and I genuinely wish everybody invested the very best off luck and hope we get some kind off reasonable outcome.
Heyup DJ, long time no see :-). My conspiracy theory :-). 30-40 years ago in post communist countries there was saying the bad business is the best business. Directors of big companies use to play the way that company was going down and ended up being sold to mates for 10% of real value. It looks just like that to me.
Where are you bro?
Give it a rest, will you?
Can you please provide some form of proof to your statement? As at the minute the mine is self-sufficient and paying for the day to day running of the business and they are currently looking to refinance debt. Nowhere in the RNS does is state what you have said! Very misleading and very inaccurate!
Lol. And all invested will be cursed for ever and ever. We are doomed he tells us dooomed. Fooking muppet, doesn’t know his ass from his elbow. ;-)
It's all over folks .
This isn't coming back !!?
Await the sell off bit by bit ...
Painful to read and a lot will be left with nothing ..
R.I.P Rambler ...
looks like the aim here is to drop this to 1p then celebrate a take over that offers 1.3p
The tone I got from the previous RNS was that they didnt know. They thought they had more money than they did, it was the CFO previously that seemed to keep everything secret becasue he didn't know either. It only came to light recently when the new CFO completed her deep dive into the financials.
How can someone be so reckless with the finances, has all the previous 20mil gone? Why continue to drill when day to day running costs need to be met first?
3G With the benefit of hindsight and the bit in the RNS which points out our production in July and August was only over 600 tonnes, we can now see why they switched to Quarterly reporting. They must have already known they wouldn't hit the 700 tonnes a month they needed to make and wanted to hide it as long as possible. It may mean they also didn't make up to USD1.5m in revenue, which adds to the problems. I must have missed the latest RNS... but can you tell me who has taken responsibility and resigned???
Somebody is buying this morning, up to 4p.
Just as well, or would be through the floor.
When I said back last year chart warning me something gonna happen. I believe chart do have intel sometimes planned intel depend how u look at it. Last year in nov said 8p there we go. Now lowest ever. I believe long term is gonna be amazing. This is best time ever in company
As discussed with DJ. It's swings and roundabouts GGG.
I made plenty on GGP by holding as the traders got it in at my base of 1.6p, but got out at 3p. I held and sold to diversify multiple millions of shares there in the high 20 and low 30p range 18 months on.
I used some of that monies here. Maybe it won't work out. Some on HZM. Where I still hold a large investment. That's been up and down like everywhere. But I believe in the asset so keep a big pot there. I also took a decent position in ACP. Again due to the asset, and as a long term thing. That may work, may not. But will give it a chance.
It's what I do. You win some, you lose some.
But I don't talk my book, or try and miss lead others. I try and play it straight. If likes of you find that old fashioned....
Happy to be so.
Oh and as for being a 'failed trader', taking into account whatever the f@ck 'trader' means in your lexicon. Given you are one of those voyeur types who likes to look into people's posting background, then you'd know the number of shares I have in my 2 x AIM stocks i3e and hzm. I'm 44 years old Stummer and that's just my AIM portfolio. I mostly get things right, but I'd hazard a guess that my investing strategy works a whole lot better than yours when I get things wrong. Good luck with RMM, and do me a favour and put me back in the green coffin would you.
There was not 'told you so' to anyone Strummer. Just a reminder that being a self-righteous pr@t doesn't always work out. And as I've said many times, I'm not a trader. I live near one, who moves money back and forth against resistance levels using all sorts of charts 10 times a day. That's called trading. But moving money in and out of AIM stocks over months and years isn't. I simply invest my money where I think I'll get the best return at any point in time. And if I feel that return isn't going to happen, or worse I'm going to make a loss, then I sell (even at a loss). And yes my money is safely back in i3e earning me 7.5% yield (paid monthly) and about to climb on its major well in the Nth Sea plus recently increased production to 22kboepd. The only lessons for me is I shouldn't have moved money out of my preferred haven, and I should have sold everything earlier. Looks like you're staying to the end. Good luck with that. At least you can tell everyone how you didn't 'trade'
What's a chart? I just hold regardless, or so I am told... ;-)
Just ask our failed trader friend GGG..... Though he doesn't speak to me in any way. He speaks "at me".... There is a difference :-)
I had left only 2 Green Coffins on here. But decided to remove them after that RNS. I expected fully all the "told you so" from GGG. He was only here as a trader in May/June to make a fast buck and return the profit to his main share. Said as much on his other BB. Didn't like it when that was mentioned, and when that didn't happen immediately (well pre all this latest issue), then got very catty, so I filtered him. A nasty piece of work, best rid of frankly....
As to Moon. Also had him filtered for months. On unfiltering he's still as loppey as ever it seems... don't think malicious. But a fruit cake still. If I call it all ways enough times.... I must get it right in the end hey..... And I have been on this share long enough to see him about face many times....
Anyhow. Let's see if any path forward, if that's no good. Well this is AIM, and s*it happens. But I will be disappointed only in the quality asset would be wasted tbh.
Gla.
My chart says buy it's cheap says 5.5p - 5.7p today
My chart says 5.2p today