Member Info for ElProfessor

Kintore,
9 posts in a little over 3 years and this your first one on CEY!
You don't post much but that was a very good post. Welcome to the CEY page.
Best wishes,
Prof

Hi Patryk,
From memory most of what they said yesterday about production for the next few years was in line with what they had previously suggested.
The big shocker was the level of AISC next year.
The big positive was the increased reserves.
Best wishes,
Prof

And thank you to everyone else who posted helpful and intelligent posts. With a holding of 200,000 shares I value a wide range of opinions.
Best wishes,
Prof

Production Coates,
That really was a pathetic response. If you think anything other than unadulterated optimism about a share is deramping then I pity the results of your investing. At least one of the purposes of these board is to ask questions so as to educate yourself. Google by the way is not a magic wand. Try posting 'Buy vs Sell' and you will see that it does not come close to answering my question.
Yours, who is unimpressed by your post,
Prof

Interesting that I can get a quote to buy £50k no problem but had to go down to £1k to get a quote to sell.
My basic extrapolation from that is that market makers are sat on too many RMM shares and want to offload before taking more on. Does that sound right to people or is there another explanation?

Thanks,
Prof

Tharisa,
Thank you once again for your proactive monitoring of this BB and for responding where there are questions or incorrect information.
It really is a shame more companies do not do this to help inform posters/ shareholders.
Best wishes,
Prof

Rich,

Dooh - spellcheck strikes again!

Best wishes,
Prof

Rich,

Dooh - spellcheck strikes again!

Best wishes,
Prof

Theresa,

Once again thanks for proactively posting on this BB. Great news.

Best wishes,
Prof

Sotolo,
Great insight.
Thanks,
Prof

Hi Sotolo,
I remember you warning me when I was first looking to get into HOC that the low free float meant it jumped around like mad. You have been spot on in that regard, although of late it has been less volatile, until today, and mainly just trending down (like the good ship Centamin).
Best wishes,
Prof

Hi Sotolo,
Wow. You positive on HOC and on CEY. Things must be looking good.
What do I do now for a counter-view to my innate optimism?
How are the plans for house going?
Best wishes,
Prof

Dark Knight,
No idea. FRES equally strange.
Prof

Hi DJ,
Ref HelpMe I think you are making the assumption that everyone is trading in the quantities you do. There was a brief moment first thing when you could get c£100 at close to Friday's close. I have seen this before on shares. Of course if you were trying to get a large amount then it was in auction and reopened c26p.
Will probably buy some more if it drops back below 25p. Was happy to wait for it to be in black and white as have seen far too many times the 'dead cert' fall at the final hurdle.
Anyway it is great to be in that annoying win/win or lose/ lose situation. It goes up my existing significant holding is worth more. It goes down, I increase my holding.
Best wishes on this prosperous morning,
Prof

Hi Monkey,

Think that was me thanking your for posting your views that flew in the opposite direction to most on this board. Still thanking you for doing so, as you outline why you feel the way you do.
Financing has landed, which clearly you were less confident on. I thought it would but, had I not also thought it was a risk , I would have bought a lot more.
Had bought a few more in the low 20s and clearly kicking myself now for not being bought more. But of course easy to do when the share moves up, had it moved down I would have been complimenting myself on not getting carried away.
Have c 200k of these. If can get more at a reasonable price next week will now the the finance uncertainty has gone. But am still grateful for those who post views different to my own so please, Monkey, despite the abuse, keep up posting how you see it.
Best wishes to you and all,
Prof

I would agree that Monkey posts some points in an over-repeated manner.
It is very easy , however, to call shorter/ troll/ ...
In truth I am surprised that he still bothers to post given the abuse he gets.
But if we chase any voice that dissents from our views then we end up with just an echo chamber of our own bullishness
I have been burnt on far too many shares by becoming over enthusiastic and only thinking they could go up. Therefore I welcome the voice that takes a different perspective far more one that echoes own.
I have rather a lot of RMM. In the spirit of full disclosure I am hoping for it to drop a little for me to buy a few more. Will it? I don't know. Ultimately I am up either way. Either my existing shares go up or I get more for even less.
Of course if I get more for less I then need it to go up thereafter however I am confident it will.
But then again I have thought that many a time and got it wrong. And then again, many a time and got it right.
Monkey, I think you are overly pessimistic but please keep posting.
Good luck to all whichever way you see this playing out.
Best wishes,
Prof

It looks like they are leveraging the second of those two criteria given that they are getting them at 16.36. My take is that the fact they are converting is good news as it means they don't expect to get a lower price. The are in effect converting into equity which means they risk losing it unless selling on.

If you look at the RNS of the 30 June it shows the terms for conversion as follows:

The Noteholders have the option to convert the advances into new ordinary shares of the Company at a price ("Conversion Price") which is the lower of:

o a 40% premium to the five-day volume weighted average price ("VWAP") ("Fixed Conversion Price") of ordinary shares of Rambler immediately prior to the drawdown of each advance; and

o the average of the five lowest daily VWAPs of ordinary shares of Rambler during the 20 trading days immediately preceding the date of any conversion notice ("Variable Conversion Price")

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, announces that it will shortly issue a total of 895,687 ordinary shares of 1 pence each ("Conversion Shares") at a price of 16.3651 pence each in respect of a conversion notice received on 14 October 2021 by Riverfort Global Opportunities PCC Limited ("Riverfort") and YA II PN, Ltd ("YA II") of US$200,000 principal of the unsecured, subordinated convertible note agreement with Riverfort and YAII ("CLN"), further details of which agreement were announced on 30 June and 1 July 2021. Riverfort and YAII have now converted a total of US$1,600,000 principal of the CLN. Following this conversion, a total of US$1,400,000 principal of the CLN remains unconverted.

Really grateful to both those who are posting the positive and the negative of the current situation.
It is up to each of us which factors we apply what weighting and probability to but it is obviously a pre-requisite to be aware of them in order to do that.
Best wishes to all,
Prof