Member Info for Aubery

Grades will improve throughout the year which is material in hitting those targets

A conservative 650 for June… And we know that grades are improving..
Reckon we will be 700+ from July (31 days!!) onwards

Patience….

Patience
Unlike the previous 2 years the risk of material dilution is highly unlikely and the mine is in significantly better shape and cash flow positive
K2 selling is a short term drag on the SP. Personally I don’t think they will wait I think they are selling down daily.
June production is highly likely to be another increase building on the past few months progress.

Grades also likely to improve..

All good, I now see little risk at a company level and the mcap is out of sink.

But the Marco economic level (outside company influence) is of course a risk and should not be discounted.

I hope to acquire more this week in the belief we will be mcap of £50M+ in July and be north of 30p

We might not tread water … if the seller is done v soon and we seem to be doing ok for June we could start to rerate sooner. Had K2 not sold (at a loss) I wonder where we’d be at currently…if the seller is done by next update and the update is good then who knows

Extremely knowledgeable Cornish, thank you for your insights
You’ll smash it in your new role!
All the best

Moon

You stated that you could not wait to see 8p

Just nob off

Moon

It is not a ‘total joke’.

It is director making a purchase and is welcomed.

No matter how hard you deramp this is not negative.

It doesn’t look like you will get your 8p entry anytime soon.

Moon
Why on gods earth would someone supporting the company state that they ‘can’t wait’ for the SP to reach 8p?

Also, for someone who has well documented challenges with written communication one would have thought a more sincere and humble approach to written exchanges with other posters would be appropriate.

I’d have expected confirmation of the power upgrade to have been included in the last operations update but cannot see it….
31 days in May… let’s have an incident free month and progress from there.

Professor
From memory there was a plant shut down in Apr for power upgrade, not sure how many days …

But I agree… May is the MONTH.,,, no tramp steel please…

Utter utter gibberish moon, best avoided.
You say your chart tells you 8p or £7 but you ‘can’t wait’ for 8p

Utter claptrap.

Moon

Why are you not selling??

You just wrote
‘Can’t wait so can we go dwn to 8p that what my chart says couple of month ago’

Why on gods earth would you hold if it’s going to 8p?

Antharry
So your view is that the RNS is not favourable.
Fine.

My point was that it is favourable and welcomed.

That fact that the SP has not shot up is it surprising.

The company need a few months of hitting production and maintaining cash flow positive IMO for the SP to rerate.

Toptuf

You have decide as a investor does that RNS

1. Improve the investment case
2. Weaken the investment case
3. Nothing, no change, neutral
4. Don’t know… what was the question…

Then factor that in to your investment timeline.

Antharry
The market is forward looking
What an absolutely stupid statement for you to make.
For investors this is welcome news and strengthens the investment case.

The certainty of £1 this year or the risk and time for say £2 -£3 in say 3 -5yrs….

No brainier, the deal would be successful at £1

One in the hand is…..

From memory all his incentives vest in the event of a sale…

Moon
Stock market is about looking forward. 2019????
It is unclear what you are trying to achieve here by stating the bleeding obvious of the past.
Patience….

Maybe you weren’t listening Moon when Toby said they were cash flow positive and that new development could be paid for?

Yes of course its blindly obvious that there are multiple projects which new cash could’ve thrown at but for now it’s about stabilising and making sustainable the asset we have.

I imagine there will be new finance (debt) once the MC and the coffers are higher. (Better leverage on any debt deal for SH’s)

You did hear Toby talk about potentially doubling production during the 20 year mine life, yes???

Don’t answer as it’s rhetorical

RMM is now cash flow positive and sustaining development costs.

Can only see this move upwards from here, such a low MC….