Member Info for Dubbs99

But only one Chill will be on sale in at least 88,000 stores in the US! :)

Fully expect to break £1 this month. The potential here is enormous. GLA.

Because it is a company with great products that it has the agreement to sell out of tens of thousands of retailers at 50% gross profit. That is ahead of Zoe and will be rolled out over the coming months and years. Theses results are meaningless to the future business and we all knew they would be. Once the rollout commenced in earnest and the sales figures are announced we can expect exponential growth. This is a start up business that is doing everything right. If you were considering investing here based on a review of past performance I can understand your sentiment but if you understand the opportunity and how well Zoe are placed to take it you’d understand £150M is totally appropriate and it will before long be a lot more.

.. for long term holders but it is still disappointing and frustrating to see the SP taken down over 7% based on sales of 0.3% of total shares/Mcap (£100k of £29M). Hey ho, back to waiting for a year or so or a buy-out.

Munchbox, I agree but a bid for the company could come in anytime of course..

As CBD smokes/gummies are/will be a major 'disruptor' to the large tobacco companies and ZOE is on to a huge new market opportunity I'd be amazed if one of those companies doesn't make a bid for ZOE sooner rather than later. When ZOE's story and quality of products becomes mainstream in the media and formally researched and reported, on I'm pretty sure they'd want to buy the company out for multiple hundreds of millions rather than multiple billions which could be the cost if they wait too long.

Excactly Ironman, the distribution deals agreed are exceptional. The backing of such partners is incredibly valuable and they wouldn't do it on a whim. They would have undertaken huge due diligence and they clearly think the Chill products are great and the market opportunity is enormous. With the quality of the products proven and the legal compliance too (no other firm has achieved that..) Zoetic is stealing a march in what will be a very large and lucrative market.

That should have said: ‘Proving’ the additional resource..

It looks on plan to me: Cash position is good, ‘rebirth’ works progressing, great price secured for 50% of production, a proper finance system being implemented and ‘exciting’ exploration assays and further work to come.

This management team know what they are doing, they will turn the business around this year and before very long have a very cash generative copper mine working whilst providing the increased resource in the ground. Bottom line the company is worth a lot more than £31M.

I can't imagine the sales figures will be significant yet, in these very early, covid impacted times, but they will come and with the distribution and retail partners now signed up, unmatched by any competitor, to sell the highest quality products in an enormously burgeoning market, this company will be huge. So buying in now is a great opportunity whatever the current figures look like. In just 3,6,12 months time the revenue and profits will increase exponentially with the roll out to thousands and then tens of thousands of stores.

I'm not surprised. Cannacord's estimate for the average copper price is $3.5 for 2021 (see link below). RMM's business case (investor presentation) was based on a price of $2.9 for 2021, so the revenue should be up by 20% based on price alone.

https://www.spglobal.com/platts/en/market-insights/latest-news/metals/011821-copper-price-to-rise-in-2021-analysts#:~:text=%22We%20now%20expect%20copper%20prices,mt)%2C%22%20Canaccord%20said.

With the new management team in place, including a CEO with turnaround expertise, I'm expecting a clear and professional update soon that explains how the infrastructure improvements are being progressed, the operating model made ever more effective and efficient and early signs in the updated production figures that show the TPD being produced is moving in the right direction and will very likely to hit the 1350 target soon. That together with the copper price holding up should allow good financial figures to be reported for the first time in a long time. Sentiment will then turn and we will be on our way, in my view, back to at least a SP that starts with 1p. GLA

Worth re-reading this RNS announcement on 5 March 2020 just prior to the Covid crisis.

Rambler Increases Mineral Resources at its Ming Copper-Gold Mine



London, England & Newfoundland and Labrador, Canada - Rambler Metals and Mining plc (AIM: RMM) ("Rambler" or "the Company"), a copper and gold producer, explorer and developer is pleased to announce increases in copper, gold and silver contained in estimated Mineral Resources at the Ming Copper-Gold Mine, located in Eastern Canada.

A depleted mineral reserve estimate is also being reported. This mineral reserve is not based on the newly updated mineral resource but rather a mining depletion from the previous estimate announced on 5 March 2018.

RESOURCE SUMMARY

· The new mineral resource estimate includes 24.506 million tonnes of Measured and Indicated Resources grading 1.70% copper and 0.34 grammes per tonne gold, containing 920 million pounds of copper and 264 thousand ounces of gold at 1% copper cut-off.

· Additionally, Inferred Mineral Resources include of 5.023 million tonnes grading 1.89% copper and 0.39 grammes per tonne gold containing 209 million pounds of copper and 64 thousand ounces of gold at 1% copper cut-off.

· Contained copper, gold, and silver in the Measured and Indicated category have increased 8 to 12% over the previous September 2017 Mineral Resource estimate, at 4 to 7% higher grades. (See Table 4 below)

· Contained copper, gold, and silver in the Inferred Mineral Resource category have increased 64 to 102% over the previous Mineral Resource estimate.

· All zones remain open for extension with further drilling, especially down dip from the current resource.

End

Seeing what resource the company has, please try and explain to me how its Market Cap can only be c. £35M?

With the much needed processing improvements, following the required investment in the plant, now made possible and the Copper and Gold price increases it must be able to operate very profitably, if not now, very soon!

Very much looks like a buy to me and the SP has been brought down to get it through.

Kempey - Absolutely, me too.

Todays chunky buys will no doubt be reported on Monday...

Typical AIM and MM management of the situation with a big rise and then consolidation with no news. There hasn't been a mass sell off. A this juncture c. £220k sells have gone through and £215K buys. To have that and see an 11% fall is nonsense but as I say that is AIM. When the real news comes and quarter by quarter should look impressive and progressively so the SP should absolutely re-rate. Based on the company's plan and projection the market cap should be at least £200M and there is a good chance that the copper price will be significantly higher than anticipated so the future should be very bright here - As ever we just need to be patient imvho.

Thanks

Any idea why there were so many sells today and the resulting SP drop?

https://gov.capital/commodity/copper/

If the prediction in this link is anywhere near accurate then AAU's future development, directly and through Venus Minerals, into copper exploration and mining would be enormously valuable.