Firering Strategic Minerals: From explorer to producer. Watch the video here.
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Has anyone written and/or got a reply from the directors? I just don't understand who in their right mind would issue an RNS taking 50% off the sp to tell the market they might need a placing. Do a placing then at 16p and then release the news to the market!
Don’t u lot understand what happening. Well it’s clear as day always said it. It’s best thing that ever happened. Whn goes lower double down. I tell u whn I do it with the numbers
Told u I’ll be top 1 percent group.
Moon take your time and tell me please your reasons why this is magnificent news please
I am trying to work your logic out please
Thanks
I can help with this, 7:
- want price to go higher, say things are terrible (no reasoning / made up reasoning)
- want price to go higher, say things are great (no reasoning / made up reasoning)
First one should have said “lower”. Bloody consolation margaritas
No reasoning always gave reasoning no one listening to me today was day it happened. Guess what 50 percent
For me it comes down to one simple thing.
July 12:
"Going forward, Rambler will provide quarterly operational updates to the market which is now more appropriate given the condition that the operations have achieved."
Just 8 weeks later, "taking account of the current macro-economic situation". The macro-economic situation has not drastically changed in 8 weeks. Any CFO, CEO and other important job titles worth their salt would be able to intuit the position of their business, software or no software. If anything, fuel costs seem to have fallen a bit? And reading at least container freight charges falling?
The fact is, they were disingenuous in their July 12 statements, saw this coming and did not disclose. This is the stope collapse situation all over again.
They DGAF about individual investors and have put it repeatedly on full display, in spite of being given the benefit of the doubt again and again.
To add to the fact that this is not a “new problem”, RNS makes it clear that they are “outside normal payment terms” with trade creditors - clearly something that will have been occurring over a number of weeks IMO, indicative of cash shortages. Very poor situation for existing shareholders which appears to have been caused, once again, by mismanagement by BOD (IMO).
Bradbury has to go for any confidence in the company to return
A decent miner but couldn't run a bath let alone a company
Has to go whatever the results
Not sold any btw - considering a top up next week but dont see the need to rush yet
I don't Bradbury is the problem.
The problem was the previous FD.
Bradbury was never problem. U can’t have broken dwn mine that was in state of repair and in 2 years to fix it up then covid. Remember rmm systems was all outdated. He done amazing job . He done the same style as Santa gold borrowed massive. It has to be done
Moon where do you see rmm sp by same time next year assuming we dilute by 50% ..so like 241 million shares in total.?