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Yes and they benefited from this according to the year end accounts.....

Good find Eats..... although imo it simply re-confirms the good mid to longer term investment opportunity for RMM..

Current SP only matters if your buying or selling.... everyone has a plan..... but dont expect to get medals for being "right" today ...

Have a great day all..

I must admit, i have been getting a little concerned with the apparent ongoing selling... but i remain a holder.... gla..

Great summary StuAFCB, LO were never going to be a LTH, but instead agreed to sell shares through a third party (Angel) and in an orderly fashion, for the other large holders they were in a 6 month lock in which i believe ended around the 4th June, a week ago.... and we havent seen any TR1's on reducing their holding which imo shows that this a longer-term hold with greater rewards for them...

#stockready1..... Suggest you DYOR and then decide, as its your money and your decision,

But if its a short term trade then probably not the share for you.... have a great day....

Today tests peoples resolve.... for me I dont buy or sell on emotion.... I buy or sell on research and fundamentals... before panic selling perhaps take a breath and ask why you bought this share.... For me (and yes I have said this before) it was and is still based on a lot of research and fundamentals.... proven CEO, biggest shareholder is also the Chairman, working mine, safe jurisdiction, higher grades of Copper, significant assets under the gound, demand outstripping supply, higher Copper prices and a global green mandate that needs a lot of Copper...

So take a breath....... i have and I bought a few more today...

Have a great day and weekend all... I know I will... Come on England!!

Morning all,

I have seen some concern and fear on this BB over the last few days, fuelled by a drifting SP and the return of the derampers and Trolls.

Its possible this may go lower who knows, and it is said that you need to experience a fall in order to learn how to get back up, and I certainly experienced falls in holding Cineworld shares, with derampers and trolls infesting the BB...

RMM today is perhaps the same, the underlying fundamentals for Cineworld were and remain there (people like going to watch movies on the big screen), and imo the fundamentals havent changed for RMM, so for me I will ride out the short-term SP turbulence and instead focus on the mid to longer-term prospects of this company....

Have a great day all LTH's....

Morning all, imo we are simply in a holding pattern while waiting for an update on short term funding.

If you look at the chart for the last few weeks i believe it reflects this.

RMM also dont seem to be desperate for funds or imo would have simply done a placement

Suggest ignore the trolls and derampers and instead enjoy the nice weather if your able to.

Have a great day...

Imo People are waiting on a short term funding update....

The lull before......... the big sellers have finished perhaps....

I added at 35.32 and will possibly add again, imo the SP is an absolute steal at this price... but DYOR

This is a higher Risk but also a higher reward play for me. If you want lower risk, then perhaps invest in a blue chip... but rewards are in general lower...

For me, the reasons I have invested in RMM included:

1) A commodity where demand is expected to exceed supply for a number of years. Copper is as we know in this category.

2) The Copper price is likely to stay higher and certainly above $3 Lb and expected to increase over the coming years.

3) RMM now have a competent experienced, and proven turnaround specialist in its CEO Toby Bradbury with a plan.

4) The board includes a chairman who is the biggest shareholder, so has "skin in the game"

5) The company today has relatively low debt / borrowing.

6) It is a worrking mine, not an explorer, with known high grades of Copper.

7) it is in a safe and stable jurisdiction.

8) The SP has a lot of potential upside from today.

So yes it is a higher risk investment... but one for me that I am willing to hold and take.

But dont take my word for this or others, instead DYOR.... Have a great bank holiday....

I am chilled... news on funding is all that is needed, imo fundamentals havent changed..... gla and DYOR

Think we will possibly stay around this level until the funding way forward is confirmed.... but i may be wrong....

My IG account not updated or able to trade, but chill it will get sorted..........

And buying...... has to be buyers for those sells

Please excuse the pun but imo I think the penny is starting to drop that a placement isnt going to happen now... and the SP will start to reflect this... but all IMO and as always DYOR...

Thanks for clarifying Cornish.... as always the fountain of mining knowledge...

Jubilee metals have a JV with Caerus to work on mineral dumps in Cyprus.... a higher Copper price makes this viable now.... perhaps a possible revenue stream for RMM although I assume with the ORE sorting plan this would be accounted for / considered. One perhaps for Cornish to comment on..