Member Info for Ftseinvestor

We need grades to improve .q4 2021 it was 1.74 ...once we do similar to this or above then everything will be looks ok ...does anyone know why we r getting such a low grade and when we will hit 2%...?also when we will hit 2% can we expect it a continious thing ..

https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.independent.co.uk/news/shanghai-ap-communist-party-covid-china-b2078120.html%3Famp&ved=2ahUKEwjkso_Ijdz3AhWPY8AKHeK4CdcQ0PADKAB6BAgNEAE&usg=AOvVaw3QI7vA6mk0JYOgMzOC9V0b

Shanghai will try to ease 7-week virus lockdown in few days
2 hours ago

Last march production update RNs they said production was 410 ton sealable copper and this April updates they say they produced 386 ton in march ....which one was right ? or I miss something ....

Copper is bouncing back.....wait till China lockdown end...then boom ..

So far no buy today ....what is going on

If we can produce 1900 to 2000 ton by the end of q2 and copper stays above $4.40/lb ,sp should be 50p+ by July ....what do my fellow investors think ?

Sp may 20 to 24.......?

Imagine someone bought rmm share 10 years ago and didn't sell .......what actually happened for last 15 years that made sp down from £60 to current price except last two years dilution and consolidation ? Any old investors of rmm ?

Fag packet calculation :
If rmm can hit 7000 ton then $ 10000×7000=$7000000just from copper and say $500000 from gold .so total revenue will be $75 million .if we take half of this as production cost thats leave $35 million or circa £25 million profit .if we take conservative p/e ratio of 7 ,that's give us a £175 million mcap or 175÷159=£1.10 per share .....so by next February sp should be over £1 at least if they can stick to their 7000 ton target .....(copper is getting hotter day by day and market sentiment can give p/e ratio upto 10 ...means 250 million market cap or £1.57 per share ) .....same time next year people will sing a different song ...........TB just show what you can do and stop moon squad from their rubbish posting ......
£1 by December .....,£1.50 by June 2023 ...

Can't we not expect 50p+ by year end .last time I bought for 37p and sold for 50.49p .what happened that made CPI sp down so much?

As there is no hedge ,does anyone know who is buying our copper and @what price as copper price is changing every few seconds .......what is the sale procedure now after we cleared hedge in February ...?

Thanks Cornish for your information .
Mobile crasher cost us only equivalent to 150kg copper per week and we r already in full production from Friday ....only 150kg not ton ..moon .......happy moon ? Even your body got problem in many parts when we lead our day to day life, that's why we take medicine to carry on .let alone machine ......hopefully you will clarify 300 million theory tomorrow ..

11/4 instead of 12/4...

Copper hits $ 4.81 again and moving forward ...what a good timing for us when we are in full production already...just need to announce on 12th ...then ....b.o.o.m to 40p+ .

When amgo going to cross 20p+ .....any guess fellows ..

From april production will be (conservative calculation):

1350×1.7%×.95×30=654 ton per month which will give us $6540000 or almost £5 million revenue per month @$10000 per ton copper price .this is only from copper and again calculation is conservative in terms of cu grade and mill recovery%.......

Not yet but when moon.....?

With copper price $4.50 and hedge been clear ,1350 tpd round the corner,gold assay knocking in the door ,more than 2 stopes are operating and COVID is not an issue any more ........why rmm sp is falling everyday.......I don't understand this market ...

Where do people see rmm sp in 3 months time ...? After q2 result ....can't believe with copper price over $4.50 /lb and hedge been cleared rmm is under 30p .....hopefully we will see 100 million + market cap after summer and before X mas