The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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That just means that was the last day someone bought some. OTC volumes are tiny. AIM suspension was end of Oct, remember.
On google shows 11th November as last traded SP until yesterday.
It doesn't look like it was ever suspended on US OTC. The suspension only applies to the AIM market.
Ok. Well I guess we will know Monday 7am if it’s accurate. Thanks for sharing
He hasn't tried. All his shares, both in the US and UK, were bought before suspension.
Thanks Ian. When was your friend able to buy the stock?
Ok, just reread the Whatsapp message. Do a Google search on 'RBMTF stock'. Note the price is in US dollars. I hope it's 2022 :).
0.0904+0.0746 (+472.47%)
At close: December 9 03:56PM EST
Ok thanks. I don’t see how it’s possible to be trading but hope you prove me wrong
A reliable friend in the US who trades in RMM. He sent me a Whatsapp link showing the new position, just haven't found a way to put it on here yet.
That’s because it hasn’t been lifted. Who’s your source?
Whoops. The link I just posted was dated 2015. Sorry. I still can't find anything on the suspension being lifted.
Why would that help Ian? That article is 7 years old.
This should help:
https://ca.investing.com/news/stock-market-news/brief-rambler-metals-has-entered-into-definitive-agreement-to-buy-thundermin-66021
I have been told that the stock is now trading again (at least in Canada) and it is higher than the suspension price! No news yet over in the UK as far as I can see.
>The late great Mr Lou Reed wrote a song for old Toby....
I think Miley Cyrus's 'Wrecking Ball' is more his speed
Seems likely that way AJ.
The late great Mr Lou Reed wrote a song for old Toby....
"He's never early, he's always late.... First thing you learn in life, is that you always have to wait...... I'm Waiting For my Man"...... :-s
It is looking more and more like after Christmas now for a resolution on this! I am still hoping it will get refinanced with the current provider which will mean no dilution in my opinion
As I've said before, I've been in at 36p for a long time, I doubled up at 4p, on a hunch, put me in at 20p. About 2 weeks later we were suspended. Just my luck, I thought. I'm used to suspension, I've been with ICON for over 18 months, (you don't scare me, and your suspenders) if what you say is true, 30p, I'll be a very happy Santa's little helper. GLA.
Copper $3.9 and Brent $76 ..thats what we want .this will fly back to 30p + as hedge price for 1300 ton is 8300 which is $600 more than last year hedge and we are producing 550+ ton per monmon. C1 cost is $2.7 which gives us over $1 million margin and we also reduced $1 million operating cost per month.
Copper is going to cross $9000/ton in few weeks ..
We had enough ,now it's time to fly to the moon.cant wait to see opening price once they lift suspension .
Strummer - agreed
Hes clearly not falling on his sword (which he should but more importantly needs to to regain trust in RMM)
Of course there should be an update but the issue is that they have clearly done an informal creditors arrangement - if it was a formal Voluntary Creditors Arrangement, that would be with the assistance of administrators (this didnt need that)
They will have spoken to all the creditors saying they can pay the back log over x months and they will stay up to date on the current debts
This is difficult t RNS as its informal and creditors (AP) can change their mind
Bur with hedged copper for a few months at $3.77 and significant savings being ached, the FCF will be paying down those aged creditors
Not expecting this to start trading until they are able to say that the old AP is now cleared
Therefore NO dilution would be needed - they will give a bit to NewGen as a thank you fr the deferral and away we go
SP will quickly return to 20s if CU is $3.80 or above
With a higher CU price and hedge, we will move quickly to 30s IMO
Best wishes all and pls DYOR
No Financial advice
Not sure there will be a placing - if CU stays at a decent level and they have cut costs, shares will be given as a thank you for loan restructure
Unless they do a placing at say 18p ish I cant see there being a placing - but we will see
GLA
Try this one diamond
https://discord.gg/2dMNr9jq
Next step sorting out payment then placing
As if by magic the shopkeeper appears..... QED.
That's enough. Will leave this BB to types like this that get the snide support.
No need to post here anymore.