Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.
With the correct infrastructure improvements completed, Rambler Mine has the capacity for *3500tpd (*referenced during the Investor Presentation by TB).
Phenomenal potential. The right mine. The right location. The right BOD. The vision, the finance and the support to see it into production. Selling into a rising Cu price as the World goes electric.
£££££ Happy days £££££
GLA. DYOR.
Overlooked by many is the reshaping of the mine ramp.
By reworking the ramp Rambler can haul more Ore out each time, reducing the cost per lb mined.
Its little improvements like this that add up to 1500tpd and beyond.
Whats not to like.
https://www.ramblermines.com/files/July-2021-Market-Update-v3.pdf
Here's a clue as to why Rambler will be huge.
https://www.ramblermines.com/files/July-2021-Market-Update-v3.pdf;
Have a read.
Rugs,
That doesn't stop GTMUFO, Helpme or DJG123 from posting.
Get involved, there's a good bunch on here (despite the idiot trolls).
Hi Rugs.
No worries, I don't believe that the consolidation had much (if anything) to do with the price retreating as it did.
It had already dropped off of the peak of 0.6p and was heading down, when it was hit by a badly worded RNS, an unexplained requirement for more funding leading to rumour and speculation, and some heavy profit taking by long term holders. My average SP is very similar to yours...
You need to check in more often, did you attend the investor presentation? If not its on the website. Really worth going through, it certainly helped improve my confidence in the business. Unfortunately, the Q&A session isn't up yet. The bit where some guy asked why his email offering 'free money' hadn't been replied to was v.funny. GL.
Hi Rugs
Re. Please explain.....
Was the question too hard or are you just trying to mix it?
Remember posting this on another BB?
'stop all the stupid bickering. Am relatively new here and what first impressed me was the quality of the postings. We all have our own personal reasons for buying, holding or selling this share. Lets please go back to posting facts/news.'
Yet you come onto the RMM bb, as far as I know, as a newbie spouting worthless nonsense. Please at least try to be a constructive part of this community, whether your long or short.
Thank you.
Hi Rugs
Please explain your random and cryptic comment?
Thanks
Hi Dalesman
No, this was preconsolidation when RMM were at 0.4 etc, the FT were saying 3.6p as there forecast, the equivalent of £3.60 now. They later dropped it back to 3.4p if memory serves.
I don't know about you, but I'll take £3.60.
Red
Do you think FB/Twitter etc are the right forum, or is there a better way ?
Hi Red
I think that would look great on the new website.
Following the recent Investor Presentation, I'm looking forward to Ramblers next moves for 'getting the word out' concerning what great potential they have to the wider market place, they have already replaced their logo, the company are replacing their archaic website, they are producing an in-house video of the mine - improvements and progress, they are appointing a person to handle PR work and Toby is starting to present the turnaround to 'pod casters' with interviews et al.
What would be your suggestions for the company to get the word out and how??
Just to remind all of why we are here.....
https://www.mining.com/next-commodity-supercycle-will-be-different-than-any-other-report/
Brilliant post Picked Peck.....
same here..... how odd. ??
Santi
I had a sports massage a lot like that.
I reckon the email offering funds from Thomas went straight to the spam folder along with all of those from Nigerian Princes, corrupt bank officials offering you a cut of their ill-gotten gains and all those offers of little blue pills.....
I thought Toby and Tim covered it well by asking Tommy to send it to him on his direct email line, but did you notice Tim didn't offer his email address to Tommy.... Says it all.
GTMUFO
Grow up. You're sounding like a troll. One minute you're bank rolling the business the next you say it's going **** up. I guess Toby laughed at your offer. Get a grip man. We can all see that West Face et al have cheap shares to sell on and we have low Q figures coming out. Tell me why you think it'll hit the fan. What's changed?
Hi Bilbo
'If Tim is so goodAt informing the market what’s going on, why did it take so long for them to inform us about the collapsed stope…'
I'm a Director at a mid size manufacturing company, our equivalent would be if a CNC went offline/down for a length of time, in those circumstances I wouldn't go running to the shareholders to inform them that our production would be lower than forecast, or that cash flow would be impacted. Thats day to day management stuff. Thats what I'm paid to manage. In Ramblers case it wasn't an RNS reportable incident, it wasn't even an unusual occurrence in mining. It may have been good to hear about, and yes, as a shareholder I would like to have heard about it, but its a minor hiccup.
Rambler didn't inform anyone that a stope had collapsed, it was mentioned at the AGM in response to a question raised by Cornish.
The path between here (where we are) and there (where we want to be) isn't a straight line and will be full of day to day challenges. The stope was merely one of them.
The market has over reacted to a badly worded RNS and I believe the BOD (who hold a damn site more shares than me) have taken it on board. They are not perfect, who is. But all of the original reasons for buying in still exist.
AIMHO. as always DYOR.
Bilbo
The BOD are professional, seasoned mining engineers.
They are to be forgiven for not having a bells and whistles web site, for not posting on FB/Twit every other day. Clearly marketing is not their thing. Yet.
I am sure that when all of the basics are taken care of, they will employ the right team to do the PI marketing better. As an aside they have agreed to make an in-house video of the mine in the next few weeks.
Could they have written the RNS with more of a view to investor sentiment, probably. But they are clearly getting on with the day job.
They still get a thumbs up from me - and Tim Sanford is very good at letting you know whats going on.