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Patience is needed guys, and i have posted the following before.... if things follow 2020, then expect Q1 2021 performance probably from the 3rd May and from around the 11th May 2021 Financial results for year ending 31st Dec 2020...... we all need to let the BOD get on with the important things like hiring competent mine operatives and getting production back up to pre-covid levels... SP will look after itself, and when the RNS's land I am sure that the SP will reflect the progress being made...

#Talking not taking

Guys on the Sunday Roast seem to also think the churn is finished.... more people seem to be taking about RMM more regularly now... was a discussion point on FB Ten Bagger yesterday...

Have bought in, looks like a reasonable investment to add to my portfolio.... looking forward to seeing where this goes..

Toby's SIP is covered in an RNS dated 13th Nov 2020. However in summary:

50% is linked to his appointment anniversary with 1/3 issued in June 2021,
1/3 issued in June 2022, and the final
1/3 issued in June 2023.

The other 50% is linked to SP rises with
16% of the 50% is issued at an SP price of 0.57p,
33% of the 50% issued at an SP price of 0.90p and
50% of the 50% issued at an SP price of 1.24p...

if however there is a change in ownership then this is vested in full...

Others have said that for Toby it will be more about making a big success of this turnaround to give him the ability to demand a higher remuneration package in his next appointment (assuming this isnt his last).

So we have Toby for at least another 2 years and he is very much incentivised to make this work... hope that helps.

Hi all, if we look back at last year and this year follows suit then we should see a Q1 2021 performance update around the 1st May and financial results for year ending 31st Dec 2020 around the 11th May.... so dont be surprised / disappointed if we dont see anything before and perhaps instead allow the BOD to concentrate on the go forward plan and ramping up production etc...

I cant join the LSE podcast that Tim is on... would welcome some feedback from anyone who listens in..

I agree and It will also add to the issue of demand outstripping supply.... which in turn benefits conventional mining and RMM, and should contribute to a sustained higher Copper price, if this type of mining is delayed or stopped from happening altogether...

https://www.bbc.co.uk/news/science-environment-56607700
BBC News - Companies back moratorium on deep sea mining. Copper is included in the nodules apparently...

Thanks Troajan, and yes agree i just checked them out...... and agree very similar to RMM....

Thanks Bluebudgie and i very happy to be off the mark and undervaluing .....and thank you for improving my understanding of the past mine improvements, guess it just makes the investment case even stronger and more compelling now.....

Yes Troajan agree.... that will happen, hopefully my estimate isnt too far off the mark.... but in any case thr SP will be a lot higher than today if things go to plan...

I did a bit of analysis and looked at the SP & Copper price at the end of Dec 2017 and then compaired it to today, and share dilution etc.

In Dec 2017 the share price was 8.32p and Copper was at $3.29 lb. The mine was fully operational / producing.

Today (4th April 2021) the share price is 0.32p and the Copper price is $3.99 lb. The mine is on a journey of bringing it back on line / bringing production back up to what it was post covid.

The two dilutions increased the shares from 2 billion to 10 billion i believe, but greatly reduced the debt in a debt for equity swap and also in raising funds to bolster liquidity and assist with the turnaround plan.

So to compare 2017 to 2021, divide 8.32p by 5 (the increase in shares) = 1.66p but now with greatly reduced debt, a stronger balance sheet and a copper price around $4 lb.

Given this and hopefully positive updates on progress and imo, i do not think it is inconceivable to see an SP of 2p in 12 months time, maybe sooner, and that will just be the start as with the plans to cut costs / increase yeild and more sorting / processing closer to the mine, a higher SP is very possible.

Hope this is of some help..... for me it has simply reinforced my belief that this is a good investment, but DYOR....

Beardozer, perhaps before you sell out on Tuesday, do some research on copper related uses and future, lots of recent decent and balanced articles, podcasts etc from analysts, commentators, miners, commodity brokers and also a lot of discussion outside of this group on RMM by financial institutions / funds etc stating that the company is substantially undervalued... FT analyst is saying 3.6p in 12 months which while i think is optimistic does show people are generally bullish.... and fjnally dont be surprised to see higher buying next week as people spend their 2021/2022 ISA allowance.... so perhaps check it out and then decide........ this is my biggest investment by a long way.... gla

Top three conductors of electricity:
1) Silver (pure)
2) Copper
3) Gold (pure)
Guess pure Silver and Gold is cheaper.....and EV's will be using Silver and Gold instead of Copper.... lol

Four candles, Fork handles..... lol

Cornish.... yes I agree with you, he will want to succeed and i am convinced that he will.... current copper price is a massive enabler to this, as it will help to further self fund the improvements / exploration going forward ..

Re-read the RNS again and I need to Correct my previous post regarding Toby Bradbury's share option. The first 50% will be issued over a three year period at 16.66% on each anniversary of his appointment, so this June Toby will receive his first instalment, then each year for the next 2 years and is not linked to the SP, however the other 50% will be as detailed in my previous post.... still incentive to achieve it of course and apologies for misleading you....

Yes I agree, am going to bed and ISA

Oops..... mean Toby not Tim!