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Since Rambler has the only processing infrastructure around and Little Deer isn’t really large enough to justify someone building a new mill it’s not worth much to anybody but Rambler. As it stands now it’s effectively a stranded asset.
Surely
Little Deer has a decent firesale value.. (I would sacrifice this if no other options) gotta be worth few tens of million.?
The time to buy is not now. Now is the time to sell.
Yes Monkey you have been saying this for months.
Share price been suspended for months so impossible to buy or sell but you hang around here posting your ****.
Why, just why?
The only reason i can think of is you get your kicks out of others misfortune.
You really are a sad pile of the smelly stuff.
Why don't you just clear off and go back to pulling the wings off of butterflies .
Sad pile of ****.
Monkey. Thank you for your words of wisdom. And the fact that your spending your time here telling people to sell there shares, of which your not invested. So you must believe that rmm will open for trading again. Hopefully you will get a life somewhere else instead of your incessant useless posts here. Please do let everyone know how many shares you buy when this comes back to open market. Again thanks for your input
I agree with you Prop…. A ready made profit producing mine with highly sought after materials that will only continue to see greater demand over the coming years. If I was a financial institution I’d see it as a great investment at a very cheap price! A deal must SURELY be done soon IMO
very few of us I would imagine grg. Their statements were ambiguous 'pending the delivery of key supplies to the mine. All operations will stop at 6.00am on 17 February 2023 and are planned to recommence on or before 24 February 2023.'
pending delivery (gets delayed) and planned to recommence (planned not will). What is it with Canada ? PUR, COPL (it's got Canadian in its name lol) and RMM. GLA, Dan
There is still some hope.
Put another £5 on lottery tonight.
Better odds on lottery than RMM.
It’s illogical to not refinance - to everyone’s benefit, from the lender, to the suppliers, to the shareholders - a producing mine supplying an increasingly in-demand commodity that many industry experts strongly, broadly predict will be in short supply in the not-to-distant future, leading to higher prices - as we now witness.
The cost - and time - of building a similarly sized mine; well, good luck with that!
Hope TB can manage it and new gen will come forward to finance such a potential business .going to administration will not benifit anyone not even shorters .
The last time we got good news on financing it came on a Friday eve and let all investors enjoy a happy weekend. Let’s hope history repeats itself.
Hi Grg, They've only been releasing RNS's at 7am (like almost every other AiM stock) since they got themselves into financial trouble... sorry, that may not be fair.. since they got a call from the bank letting them know, to their complete surprise, that they had run out of cash.
They don't seem to have bothered releasing RNS's at 7am before the crisis started. In fact last year's half year results were released at 16:42. We are on a Friday 24th... when they said production would have restarted in or before the 24th. So if we are Lucky we might get something around 2pm, but if the share is relisting even "they" aren't allowed to let that news slip out half way through the trading day. If they are announcing it is trading again only on Monday, then there is simply no reason they couldn't have said so at 7am this morning. I suspect, they will want it released as late on Friday as possible, then they will slip the news out when the market is already closed for the weekend, and they will all be able to sit down and congratulate themselves on how they have rescued the company from situation they personally got it into. If its not relisting, then having not yet said anything today is utterly contemptible. I really doubt they care that a lot of people have lost hard earned money.
Hi Grg,
I believe that there is a cost to an RNS (not sure how much) so this could be about saving cash.
I agree generally however that comms with shareholders leaves a lot to be desired both in terms of frequency and content.
Best wishes,
Prof
Well i was expecting some sort of update first thing this morning a week after they said they were closing mine for a week.
Still time but not holding my breath.
Just another red flag about how much contempt they have for their shareholders.
If it has been that highly shorted nonsense, then I hope there is a gamestop scenario to screw them right over. Can you imaging Dj's face and all the other trolls in here the sold out at the first chance if that was to happen?
I preferred the 'mom' version.
Grrr. Moon is that you
Mom is that you
I agree 100% with you ftse . Rmm is coming to market soon for trading o ce loan deal done ( rumour is it already in the doorstep).For us all we lth just have to do is hold our shares and if possible buy more and more ,insist family ,friends, neighbours to buy more shares as much as you can .this will force the shorters buy back in higher price and eventually sp will be rocket .Once finance deal done ,with $4+ copper and upgraded mine ready for full production there is no reason sp to move 35p+ if we could punish short sellers.this shares been shorted so much after September rns which bought sp to down 5p.
We still have a billion pounds of copper and producing mine which is very much upgraded now .if we can manage a big loan for longer term and fix an ore sorter our production will be 10000+ton/year with rising copper price next coming years. Rambler will be very profitable company soon but only problem is someone wants our huge potential assets for a peanuts for himself.we all private shareholders will not let him so that as we not allow shorters to take advantage once they come back very soon.
WE HAVE LOTS OF COPPER EHICH COULD BE $12000 TO $15000 PER TON IN COMING YEARS .
We will not allow any mill to take our nugget pond mill.
Moonie have you been to Switzerland lately. Maybe join the rest of the Cook Coo clocks
Closing date for applicants was the 19th, I'm sure the job offer is 'in the post' . It was posted along with 'the cheque' for the diesel.
I never got a reply back from my application for the electricians job.
Chances are if they did fill the vacancy it was only a 2 week contract.
hope they aint lost any more electricians
Don't think so - hopefully Monday though
Im hoping for an RNS Monday morning saying back to work - where the cash has come from will be interesting - is it the balance of cash from Transamine or is it a bridge? We shall see
Hope cash arrives today / tmrw to pay diesel, short haul and long haul guys some decent coin to get them back on board
GLA LTH
Anakin Skywalker, my master.
“A Chosen One shall come, born of no father, and through him will ultimate balance in the Force be restored. we we grow chosen one