Member Info for 1nvest

I also spoke to HSBC yesterday raising the issue. No timescales provided!

No longer invested here, but still wanted to wish you all the best of luck. Been a very difficult year and hope there is some success today for shareholders. Your not just fighting for your shares but all shareholders who have been taken advantage of by misguiding directors and their communications. End of the day directors are:

1. Determining the company's strategic objectives and policies.
2. Monitoring progress towards achieving the objectives and policies.
3. Appointing senior management.
4. Accounting for the company's activities to relevant parties, eg shareholders.

Do you believe the current directors have fulfilled these obligations?

It looks as though salaries were above the norm anyway and have been increased further. Of course if there is a higher risk in the mine this can be justified but would be good to know rather than guess this may be the case.

Looks as though there are still disgruntled employees according to RNS.

Looks as though management haven't got a control on matters with employees so no different to us shareholders.

We await updates on actual numbers, mining production of ore, etc so hopefully we can make some informed decisions rather than assume what's actually happening at the mine.

When will they stop lying and get their act in order. Does not make good reading. The plan was never good to start with and second plan is now being amended in view of wages and workers rights. My speculative punt which I placed because what else could go wrong is not looking great!

The only consolation is the share price is at all time lows. Saying that many have been saying this and it continues to go lower. There's got to be a point where someone else buys out the company, provided the mine can make a profit. With wages going up is there a profit still to be made? Thankfully copper prices have increased over past 8 months.

I think you will find most shareholders have invested in the past 8 months since change in BoD and new plan put in place and placings undertaken. Most have invested in the region of 0.2-0.38, in today's price of 20-38p. This is where the price was ranging for a number of months. Yes there was a recent spike up but very brief in view of days.

Most shareholders are currently therefore sitting on a profit or near to breakeven depending on when investing. Yes there will be a few who are currently on a loss but longer term I expect they will also see a decent return on investment.

Maybe the tone on BB has changed in past month following the spike but the fundamentals haven't changed in respect to the plan put forward. Currently in a time of consolidation whilst additional stopes are prepared to ensure stable mining in the future.

I trust everyone invested in the company knows the reason fo share supension in December in respect to financing which was successfully resolved and hence investment.

Of course DYOR and make up your own minds but I do like the deramping as makes me a lot more confident in my investment as others are trying to buy in.

Cornish I was looking at similar figures in respect to initial joint venture agreement but maybe less for 50/50 split. A great asset to have and there's definitly a deal to be made in the current climate.

That's the consolidation done. Hopefully as no longer less than a penny IIs may start to look at Rambler as it starts to increase mining activities.

Should have mining up to 2019 levels by end of year as workforce in place. As they will be working from more 2-3 stopes by end of year there will be enough ore to keep mill fully productive.

We have news to follow on Ore sorting which will increase grading and of course further updates on exploratory drilling. Saying that reserves actually looked great considering yesterday's RNS.

Looking forward to next 12 months.

As far as AGM went, it ticked the boxes and showed positivity for future in view of employee numbers which is increasing and number of stopes being developed. On track and finance c details to follow.

Looking at in excess of $800,000,000 in respect to measured copped based upon conservative $8,000 a tonne. Going forward I think prices will be at a premium. Gold is multi million pound bonus! Market capitalisation of just £43m. Its just a question of when the market will wake up, not if!

Totally agree Propinquity. Taking out the green renewables revolution which is expected to drive economies for next 15-20 years plus there is not enough copper mining in view of current needs as well is existing change in consumer behaviour. Take into account government commitments to reducing carbon footprint as well as companies going green, demand will out strip supply for the foreseeable future. The lack of investment and exploration over past 5 years will lead to a short term spike in copper. Coppers the new oil show in town. There will be fluctuations in copper prices but in my view there will be upward pressure in copper prices for some years to come. This bodes well for RMM investors, short, medium and longer term.

An RNS - video on mining. Seriously never seen anything like it recently when not backed up with figures or new news. What would be confined to Facebook pages or company websites is being put out as a RNS pointing to YouTube video. I wish all long term holders good luck and hope this communications spectacle helps the SP.

I'll keep an eye on Vast but this really has made me think twice about investing. Basically BoD need to provide proof about what is happening at the mine. Hopefully it may build some some confidence which was shot.

Good luck

Atlas converting would be a good thing for Vasts survival as those debts will not need to be repaid. The extra cash can be invested into Vast to make it a success. Currently share price looks to be on endless downward spiral, no matter the communications from BoD or Vast communications team. Need to draw under this saga.

Currently in the process of doing just that and I'm saving the money to do so. I could also quite easily take out a loan at a good interest rate but then end up paying a lot more for it. I'm also keeping my options open to purchase another property whilst retaining the one I have to rent out. This would also involve a loan but once again having a good credit record and money behind me is going to help. If I had a bad credit record I doubt banks would loan me what I need at a price which is affordable. No different to Vasts position. They need to build up credibility to ensure they can profit from increasing price of copper. Yes they potentially need funds to do so but its how they go about doing this what matters.

So rather than developing mine off profit BoD have already put out there they are looking to raise further debt. This off a mine they are still in the process of turning around. In addition they are not paying the interest off a debt they have already have in place with Atlas. This really does the opposite in respect to inspiring confidence with current BoD. Hoping there may be a change in BoD pushed by debt holders as unlikely from shareholders based upon past experience.

By profit I mean money being made at Vast. Hurrican was/is making approximately £10m a month in free cash but bonds to be paid back and therefore current plan being proposed.

At vast the mine still needs to turned around to profitable production and current share price reflects this and outstanding debt issue. If it gets it right could transform company but currently a lot going against it, especially current BoD. Hopefully they can execute a successful plan.

Djg, you got a lot guts to be investing in Hurricane. Well beyond my risk appetite but believe your probably sitting on a 50%plus profit in two weeks, wow. If bod change is executed and a plan put in place for next two years with drilling you*ll be laughing all the way to the bank.

For you info a sold out of Hurricane in Feb based upon BoD not having a clue. A loss but something I could live with especially in view of current price.

Similar situation with Vast but less of an idea on profit being made and debt once again a real issue. Don't want to burnt again and yes if there is a board change I would jump on board

I see no point in emailing board members who you are looking to remove. They have not responded to CA in the past, they are not going to respond to you so stop wasting your effort there. If I was in your shoes pursue FCA, get signatures to a letter to the Judiciary as well as to the media. This may help in bringing an EGM to fruition.

Good luck

There's someone even there mocking Vast in respect to diamonds! Will stick to that being off the radar and if something ever materialises a bonus. I believe Atlas have committed funds to the venture when, if, it materialises.

I agree but it's the big elephant in the room. One i'll hold off investing on unless SP continues to fall. Good luck on your investment and hopefully no dilution.

Sorry meant 24p