Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Know0
Nice distraction tactics.
you have avoided all the points made about bad governance and focused on a quick percentage calculation.
Nice work .
* wrong by 1.375% actually! 62.5% wrong! ??
DJ - you dont understand statistics fella
"The copper price did go down to near 3 dollars sorry I was 7% off in my prediction."
You said $3 when it was $3.4 - it fell to (not at end of day but $3.25 - so from $3.40 to $3 is 40cents - it fell 15 cents ($3.40 to 3.25) so 15/40 as % id 37.5% out
You cant say you were 7% away from $3 (that being $3 times 1.07%= 3.21) as that is not statistically relevant to what the price was and the discussion about it going from $3.4 to either $3 or $4
Because at $3.40 it was only 17% away from $4!!
You claim you were only out by 7% but in reality you were WRONG by 37%
Maths and accountancy is clearly not your thing!!
But you wont see this or respond because you're not going to come here again until there is news!!
If I'd had a £ every time you said this I would have £1,326!!!!
xx
I hope this does not open at 20p. I want to buy a lot more at the 5p area first. Hopefully, we’ll get a heads up that suspension is over before market opens. I’ll be sat here on the buy button.
Thu, 3rd Dec 2020 08:02 Was day rmm was supstened. Company that never invested in it self. Machine was old everything u can imagine. They build new dame build new offices build new mine new machines new drills new people new trucks. What can u except really. As ceo he turned into a gold. Hate him ok but sometimes it takes time to get things right. New system to help them reduce cost this all lot to be done in 2 years. Of course rmm can’t pay debts u can’t do everything in one time. Amazing rmm what they doing now first time they need plan to get people in together make balance sheet good
Bradbury done amazing job what state was rmm in 2020. A state of repire things never got finshed everything was falling apart never did they invest in mine for years and years. Toby came in finally got 1350 tpd then staff then make 4 scope machine broke dwn because they was old in state of repair. As ceo his job was Hugh he actually made rmm a billion dollars company. First time ever we got stock pile of ore. New machines
US index.
225,000 units traded? (could be a spurious trade)..
Anyone any ideas what it could be.. (no RNS flags against entry0
Copper, is well on the rise now and ready to break intraday high
no long to the $4 many expected
$3.9013 +0.1433 (+3.81%)
The crook ( public liar ) is here also for the look of posting rubbish.
charlatan, some call him B@stard, just put names on top and not enough to compare to any insane person.
Dj77 u like broken record. Just get curry buddy relex
As I said know we are on track to becoming even more richer. Copper price continues boom and loaded up enough already
Worth a listen in general but 9.15 specifically RMM
https://audioboom.com/posts/8194894-john-meyer-dollar-weakness-good-for-commodities-plus-rambler-amur-atlantic-lithium-resolute
Brilliant know0
" 4 times of current shares will issue and current shareholders will be wipe out ,long term shareholders may get 5% to 10% of their original investment (say 5p /share ) if they are lucky , will not by rmm @ any price .." and lots of rubbish like this .
Some people have no shame ,need to raise some money to check someone's mental condition before raise money for rmm .
That cant be correct - DJ specifically said Cu price will go to $3 before it goes to $4 - and he knows everything (a corner cafe owner can know)
So I await it going to $3 cos DJ is the man!!
And he definitely isnt going to buy AIM stocks again cos he said that lots on both RMM and HZM BBs - and he is always right.
Looking fwd to $3 so that we can then go to $4!!!
GLA & DYOR and when you're out of your depth, sell at a massive loss and keep telling everyone that your brilliant and nobody else understands
Copper chart looks promising for a re-rate above 4 and above in fairly short time! Stabilising around 3.85 with upward move to follow soon IMO.
Useful timing to our cause!
Maybe he's got other stuff to do as opposed to hovering on this board all day.
Back 6 weeks ago (or whenever the news broke) I said that I sincerely hoped the BOD would sell
There will have been interest (my estimate is circa 70p per share) but BoD will want significantly more
The option I mentioned was an informal voluntary arrangement - this is where they agree with the largest AP creditors to pay all new bills on time and settle the old bills in some agreed timescale - eg equal payments monthly for 4 months
For all the clueless posters here that banged on about NewGen taking the mine or forcing liquidation, you really have no idea - NewGen will have been on board with all this months before
The reason no NewGen agreement can be RNS is that they cant RNS a voluntary arrangement with AP creditors as its just that - voluntary - so nothing signed by the AP creditors
NewGen will be happy enough to support and will have said what they want in terms of interest and a sweetener
All those predicting shareholders wipe out by mass dilution (and those who $hit the bed) I can understand your concerns but that was never going to happen mainly because there was no need
Those redundancies I told you about last week that were RNS yesterday I estimated to be saving $500k so with other initiatives expect real savings north of $750k (I know they say $1M) per month - Cu price holding up is also giving more $$
How long will the share remain suspended? Well its unlikely to come back until they can give news re AP and that could be a few more months or could be just another few weeks (my estimate as to late AP payments is approx $3M)
So having paid some of this amount down in past month and now (if Cu holds) we will easily get the $1M (savings plus increased sales) then it could be a few months
Then the RNS will simply be the terms of the NewGen revised deal and saying AP has been brought back to terms
If Cu is at $3.9 or above at the time - I expect MMs to open at prices close to or above 20p but if they open at below 10p they will very quickly rise and mid 20s will be reached quickly IMO
Anyway, SP is all guesswork - fundamentals and understanding business isnt guess work.
GLA and DYOR
Been in RMM for a while - interesting ride.
Last small miner I ever get into - no matter how good a story it looks.
Frogsxxte are you in a Nigerian boiler room, were you get 1 hour of electricity a day to catch up
Yes it came out yesterday, why are you posting it today
You wake up..
Dated november 10...
This is old news have you been in a coma
fire away..
https://www.ramblermines.com/storage/press-releases/2022-nov-10-rambler-update-1668094313.pdf
Bottled it mate.
You sound like a guy who chases the win. Constantly shifting sides to the one favourable.
Fact is this is a producer. The debt was not crippling. The asset nav is appreciating. And with China opening the commodity is rising in demand.
You invested when this was early stage but u bailed when it's a late stage producer after multiple series of capital raises which has been invested. I mean it's like fasting for years and just when the buffet opens up, deciding to leave the Q