Member Info for Dubbs99

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

Imagine the profit levels and RMM's value if this prediction is anywhere near accurate.

Absolutely. It would be good to test 0.40/0.41 again today or next week and get through it as quickly as possible in January and then with reported improved production rates and a continued high copper price we should see a steady rise (re-rate) throughout 2021. GLA.

Large buy orders from yesterday and today being filled. Hopefully the MMS can let the SP go soon.

Another day where buys have been significantly higher than sells and the price has been pretty much held. Just the way AIM is played. Bring on 2021 and some real news on production/progress.

Gavster - This company has clearly been a disaster for long-term holders and the SP has reflected that. However, it is now under new management, is funded, has great infrastructure as well as significant copper and gold. The prices of these commodities have grown significantly in 2020 and for many reasons they are more than likely to continue to rise. The company’s presentation show a clear plan to generate excellent returns over the next few years/decades based in a copper price of $2.90. The investment opportunity is about the future potential not the historical terrible performance due to the previous management and lower copper price. I certainly am not ramping the company I am just highlighting the facts and assumptions included in the company’s own plan/presentation.

Moneymaker, I absolutely agree. The article about the find at Sogat is very encouraging not only due to the size of the find but it again highlights how important gold exploring and production is to Turkey’s economy and the Turkish government.

https://www.hurriyetdailynews.com/turkey-reports-major-gold-discovery-161074

BluetigerUk, that cash flow projection used an assumption of a copper price per lb of $2.90. It is already $3.56 and likely to rise. The company is massively undervalued as it was nearly run into the ground and bust by the previous management. The plan now, with the necessary cash and funding in place, is to use their assets much more effectively and soon generate huge free cash flow. It made a lot of sense before the copper price rise but the price of copper now makes it totally compelling. I really think ‘true/potential value’ could be represented in the SP sooner rather than later.

Lafitte, thanks, patience is definitely a good idea for us who can see very significant long term gains here but because the potential upside is huge for RMM the SP rise could still be very impressive over the next 3 to 6 months prior to lock-in agreements ceasing.

This is great news and will result in receiving £2.5M of the targeted £3.5M (as per the plan) cash to be generated from sale of non-core assets, all part of the refinancing and frankly the start of developing a new company under new management who have stated they will focus on creating shareholder value. Cash is going to be in place and those buying in now will be very well-rewarded.

Bsg - why do you do this! Do you believe the Standstorm agreement is still in place post the refinancing? Has Rambler already received upfront cash payments from Sandstorm? Was Sandstorm’s working capital facility repaid through the refinancing?

Eye guy - Make that 264,000 Oz of gold. The current market cap is ridiculously low for the assets Rambler already have and that is why the creditors/debt funders accepted the equity for debt deal.

BSG4 has turned up to deramp - we must be on to a good thing!

GA - what would you consider a measly price to be?

GA- Copper is currently trading at $7600 per tonne, c. £5,800 per tonne. Multiply that by 8.5 million tonnes multiplied by 0.63% and you get £312M and the copper price is precited to keep rising. And AAU is valued at £55M...

Arborman, The company have stated that they plan to pay a dividend amounting to 50% of the cash receipt less expenses so between £12M and £15M is my estimate. The SP could indeed be 10p at fair value but in true AAU style it will be a slow and steady rise to get there.

Fantastic news, at last - partnering an organisation of this size with its financial, construction and technical capabilities as well as its influence in Turkey is an absolute game changer for Ariana. Taking a significant cash windfall now, rewarding shareholders and facilitating further exploration is great but still keeping 23.5% of assets and opportunities that I am sure will not only end up totalling much more than the current values owned but more importantly the partnership will fund and fast-track their realisation and monetisation.

JohnZ - Difficult to know but it is really just 'tidying up' as part of the proposed (now looking pretty certain) larger JV with Ozaltin and Proccea that is a huge deal that will result in a very healthy dividend and a re-rate of AAU's share price as Ozaltin's financial and construction clout will enable Salinbas to be developed as well as providing $35M at the same time - An absolute game changer for AAU and its shareholders IMVHO.

Yes

I would also think POLY will be looking to buy the whole company whilst it is so small if and when good results come through now and over the coming months.