Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Depends on how much they will get for rambler .it's like they want to kill slowly all the shareholders who supported them for last few years .what a board of directors !
Why they didn't try to sell 1 year ago when they knew they could not cope with low copper price .they had to built more debt ,spent more money in mine without no idea about their cost.
The only way out is they have to sell rmm for120+ millions.
Xenor ,how much you think
What is your prediction in case of sale A.jones ? I think 30p because it is a stress sale .otherwise if there is a bidding war we should get very good value .the problem is we have a worthless BOD and a liar CEO who told us lie ,but the asset value and fundamental of mine is same as before .
90 million for rmm entity .40 million for debt and other expenses.
90-40=50million
50÷162=30p.
30p/share
Any news about refinance or mining again anyone?
Rambler is going to trading again in few weeks once finance done ( it's a done deal now I guess ).once they back don't sell your shares and give opportunity to short sellers .that was the main reason of manipulation of rmm shares .we all private investors will vote against BM and his friends cheap take over plan of our huge potential assets . Let them go to adminstration then administrator will sell in auction process which will give us 100+ millions for rmm. They are coming back for sure just hold tight and don't let shorters to play with this shares .
Remember GameStop and AMC ...
If rambler can manage refinance in a favourable terms and in longer time, even with 30 to 40 percent dilution we will see 40p by q4 2023 as copper will be $4.20 to $4.30 range ( it could be 4.70+ by q4).
We have a operative mine of 600+/ton once working capital problem solved .remember we were talking about £1+ last year this time with 3.49/lb and 200-300 tons of production .
As someone said even in worse case scenario with 100% dilution rambler will be a 100 million company with 324 million shares in issue which will give us 30p+ /share.
We have 1 billion pounds of copper in ground which value $4 billion+ with more explore opportunity .
I am still very very positive about rambler and TB ( he done a great job in production side which is the main factor ).
People who chatting rubbish don't have any idea about future of copper in coming years .
DYOR and GLA...
Bertie you must have some positive clue about financing from somewhere .hopefully they won't dilute us at all while copper is $4.10+.
"I sold all my rmm shares for 50p and book a holiday in Maldives ."...oi wake up we have to go for shopping my Mrs replied...ahhh
It's a game to speed financing deal .
Half of that will make me fly to the moon....
Monkey you r really make your name suitable who you are .either you don't understand or want to get a cheap re entry .check your head monkey .
Monkey
Dilution can't be more than 10%. Old investors not going to shoot themselves by voting big dilution .with $1 million savings from November ,550+ production ,and $9000/ton cu price they don't have to dilute at all if they want .Only problem with rambler is it has a incompetence BOD who were greedy last year when copper was 4.50+ and they didn't hedge .within next 3 months rambler will be back on track and by q4 2023 we may see 40p+ again as copper is predicted $10000/ton by then and inflation will calm down rapidly from h2 2023 .
When rmm is coming back for trading again ? How long it takes to fix refinance with new gen especially when copper been $9000+/ ton for last few weeks ?
Where do people see sp by summer if copper stays over $4.10/lb or $9000+ /ton assuming we back trading by march/April?
Moon do u understand yourself what u have written ?
Monkey ,moose ,DJ ...3 in 1
From gold they only get 20% of sale price as they took $11 million from elemental for forward sale of gold .