Rambler Share Chat (RMM)

There is a twitter buyer buying £300000 worth of this stock. Price will move rapidly once they have there quota

Yes that should be worth a look,could be a new institution aboard me thinks.

Same pattern as last placing , a churn then a move of 50-100%

I’ve seen a million pounds worth in four trades go through a few days ago at 0.36

Maybe we will get a TR1 soon on who it is

I have a feeling we might see some huge delayed buys after close today,the order book being emptied on the ask side by look of it.

Yes having a proven solid CEO here now is a real positive,another Shanta type recovery would do me :-) very talented guy IMVHO

Obviously having a proven turnaround CEO is a big plus , he’s also an expert in his field and knows his stuff. If anyone followed him at Shanta he executed their turnaround.

Few share tips would not go a miss !

This share will look after itself with profess in my opinion.

Great summary of where we are , and the riches on offer :-) i can envisage RMM getting some decent press coverage soon with Toby at the helm.

Meant to read it’s all comparative

Coastliner , I’m already set up for life and have more than I need in life. If my pub was operational I’d prob have 150 million shares at this point but I’m playing it cautious. It’s all reparative to ones situation , I have plenty of safe boring investments to underpin me.

I don’t really think half of the people understand what they have bought in rambler.

I’m lucky that I’ve researched many exploration and production based assets so I know in all probability that rambler will at least double within 12 months.

The caveat in that Is copper staying above 3.5

It’s one of the biggest no brainer’s I’ve seen hence my large holding.

I’m not all in as i have 2 other shares but I’ve been greedy.

I may increase further in April at anything under 0.45

Exactly my thoughts,once this wee overhang goes i think it might go crazy IMO

Very interesting discussion re copper price and RMM on Vox podcast today. Can hear the interviewers surprise at the current mcap.

Think you'll be set up for life dj considering how many shares you own here.

I certainly will be,this will be a big part of my pension plan :-)

Be interesting to see if your around then ! Hope so.

At this junction although nice the SP does not matter to me. Nice to see it go up , but for me it’s a certainty anyway.

With potential companies like exploration people are up and down , ramblers story will be that or profit and production which underpins value.

In any event the market will value us accordingly when it sees any sniff of profit and the plan been executed, we are the early birds. 12 months is nothing to me , it flys by.

Interesting comments there,and i would add recent comments by GS on copper as i think they are on the money,i will be buying this initially up to 0.45p then more at 0.60p for longer term hold :-)

If you look at my posts you will clearly see that I see Rambler as grossly undervalued, it’s basically a covid bargain. Absolutely no way it will be sat at this value by the end of summer.

Should at least be double this SP for starters , its now fully funded to kick on.

I don’t see profit till next year but I expect some of the forward value will begin to be priced in as we move along the turnaround. Commencement of mining in the lower footwall after it’s been de-watered and opened up more by contractors , production moving north etc.

The market is a forward looking instrument of value. I know plenty of people that have this on the watch list as they know it will take off at some point.

People would rather buy at 0.40-0.45 area and chase other stuff.

Exploration potential alone is exciting , the grades are exceptional. If we can expand that drilling which we are that represents SP upside in itself.

Two things are going on here , the placing is churning.

The opportunity is clear at this copper price , the base case presentation is based on 2.9 copper , we are currently 4.2 copper and I see 5.00 copper this year.

If we move into 2022 with ore sorting in place leading to C1 cash costs reducing , fully unhedged and leveraged to the copper price , which we will be. Production at 1350 for starters. Grade increasing to 2%

If that all happens which I can’t see why not this will be making huge profits.

Ifs quite easy to see how this can move to 200 million cap next year.

It’s on paper a no brainer.

People looking at past performance should not the bad copper price environment. Maybe some are looking for copper to sustain this level and move higher.

I look to the outlook for copper and its extremely bullish from an inflationary point of view and a demand point of view.

Its worth looking at PERE Pembridge resources, copper play mcap only 5 million

Fair play to you sir :-) maybe we could agree at least that Rambler are looking grossly undervalued ??

I’m one of the most bullish people on here , but I’m also long term and can wait for full value.

I’m just wondering if you’ll be here soon!

Most of us here are chilled and content with waiting a few years for significant returns

I’m completely aware of the exploration potential , Ming north intercepts are worth the entire market cap.

I’m so pessimistic yes , that’s why I have only 135 million shares (recently increased by a few)

djryan,fair comments but i feel you are too pessamistic about Ramblers assets,you do know that only a small amount of the acreage has been explored to any extent ? going by some of the drilling results there could be some staggering copper belts laying there to tap into and on low capex basis too.Personally i dont listen to the rampers on here i look at the assets and the potential that lay within.The booming copper prices have made Rambler a different proposition to a few years back and now with a decent ceo it has a very good chance of some relative extraordinary revenues and profits.I still say Barrick will be eyeing this because their ROI,s on these assets would be amazing.

The mine is back up and running at reduced throughout ! The underwater areas are the lower footwall with the higher grade which are been opened up once de-watered. The more open shafts the more we ramp up alongside the new equipment been added daily. Rambler was left to fall to rack and ruin. It’s rebuilding production levels , a hugely exciting journey. Full name plate capacity should be around July but it will gradually increase from current levels.

Cornishknocker will know more about what level we are at now , I think it’s around 60% production.

They new water pump being installed this month so we are starting to get mine back up and running

No offence and your welcome here but your constant takeover chat is noted as a possibility. We don’t have to hear it on the hour !

Rambler is a very small operation for barrick , they are one of the biggest mining companies in the world. They would want to have a project that delivered bulk tonnage on scale.

To give you an idea they would want to mine at least 5 times our tonnage daily which means ramblers proven reserves would only last them 4 years !

We have oodles of exploration upside granted and little deer etc but this would need 20 million spending on drilling , they would also need to secure the relevant permissions and permits to expand.

I’m not saying a takeover isn’t possible by them as we are a sitting target at this level and especially with the copper outlook looking so bullish.

I’d more me looking at companies that are smaller wanting to expand operations and gain reserves.

In any given scenario I doubt rambler would be sold for anything less than 150-200 million.

That’s basically what it’s worth in my experience on the bottom case scenario with its reserves , infrastructure and potential/exploration.

In anybodies book the best way for us to make money is to pray rambler hold on to these assets and execute the turnaround.

The turnaround I believe is a formality at today’s copper price based on past performance been an absolute bottom case.

It’s very low risk and all that’s required is time.

I want a 200% uplift before I sell any , I believe a takeover is a quick fix that would not give us the value we want. Granted a quick 100% for traders fo celebrate but I want 200-300%.

You wont find many better ops in junior mining than Rambler at the moment IMO it has all the ingredients of doing another EUA style re-rate,not as high as them but certainly consistant and steady rises.I have a hunch this will soon be on the radar of a new intake of smart money coming in to get good gains off the copper boom.