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Thanks all, very good feedback and am going to invest, John regarding RMM they have a new BOD... with turnaround experience and a cost reduction / capex plan, are now fully funded and a copper price that is soaring, so for me its almost a no brainer at the current SP....
Been thinking about investing, but am surprised that the SP is below the placing price... have i missed something as i thought Lithium is a great cimmodity to own... i am already heavy in RMM but wanted to expand mining portfolio, and am also looking at Tirupati... can anyone enlighten me...
So are eva and E.V.A the same person....
So where do we think the SP will be in 12 months time...
Cornish.... you are a star.... never sell your shares in RMM.... lol... or perhaps we need to pay you a retainer.....
So, if you had to spend £5k in either SML or RMM what would you choose and why.. i have a small position here.... but a significant one in RMM... but just wondering.... for me its obviously RMM but yes i know you need to have a diverse portfolio....
Just bought a small position today, looks like a good punt...
Cornish you are one knowledgeable guy, can i assume a past life in tin mining.... great informative posts so thank you.... i just look at fiqures, commodity prices and whos in charge... i assume like me you are super confident...but with a mid to longer term view...
Just chill guys, dont sell. Placement will take place. Imo SP will slowly rise, FOMO will start to happen, updates on progress will come... SP will rocket. I know i seem confident but with a soaring Copper price (way above RMM's forcast in their presentation) why wouldn't I be.. Could be some disappointed people if this doesnt go below placing price of .30p.... i know where my thoughts are with this but DYOR.... so chill guys, buckle up because this year is going to be great....(imo!)
.31p that is lol... ??
I bought more Mike at 31p bargain imo and i averaged down...
RMM.... its a mine that has been producing, has a plan to cut costs and improve productivity / yield and Copper price is surging. Just had a placement announced which should help accelerate plan and imo a steal price of .31p..... but DYOR...
I topped up and have 1m also at an average of just below .34p... am cool with it, if it falls i will buy more, imo in 6 months time this wont be close to .30p but DYOR....
@Forzep... feel for you, but i honestly believe that before the end of this year this share will be nearer 1p..... an upside of .68p today...
Read the RNS a couple more times... and the key messages i took from it are about accelerating the plan, and also strengthening the balance sheet. We now have a very experienced and competent BOD so good times ahead imo...
Also it could be a lot worse and a significant rights issue could have been announced.... i am comfortable with the situation but obviously appreciate that for others todays news is disappointing.... gla
Like most, i have a few horses running, some will fall, some will pull up, some will finish the race at a good each way bet, and some outsiders will win some races at a great price... imo RMM are one such horse but DYOR... and invest what you can afford to lose.... gla and have a great day
I topped up again.. and will again if it drops... just look at copper prices......
Topped up at .319 am happy with that...
Have been considering UFO.... at present i own a fair few shares in RMM... a similar situation... but possibly better upside as its a Copper mine and seems to be being overlooked at present... minerals is definitely the shares to be at mo after Bitcoin and the like...