The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
440 of CU @ $7,700 = $3,388,000
650 of CU @ $10,000 = $6,500,000
483 of AU @ $1,900 = $917,700
So around $10,805,700 in sales for the quarter. Likely to see sales of around $13,000,000 to $17,000,000 in the following 3 quarters for a full year of between $50,000,000 and $61,000,000 for 22/23. I then look to 23/24 as a $70,000,000 forecast with decent profitability.
Well skyline I’m joined in that category by all TA enthusiasts and day traders.
TA is worth nothing. If you want to predict the future price of any stock or commodity I suggest astrology.
Waiting on a little top up but I fear I may miss the 30's for good. All these technological advancements but it still takes me 3 working days to move money from my account to another of my accounts!
We will head back above $10,000 this winter. Perfect timing for RMM to start to sell at market price in 2022.
https://www.reuters.com/world/china/what-we-know-about-chinas-metals-reserves-release-2021-06-17/
It's a soon to be profitable copper miner based in Canada. I don't believe in nonsense like value trap, bull flag, bear trap, false top etc. The day traders are all in crypto currency nowadays.
You forget that Turkey has no NIMBYs, crusties and other assorted degenerates opposing the myriad of modern methods to bring oil to surface. We could set the local drinking water on fire for all the local authorities care. We'll get it up to surface even if it means me going down on a bungee cord with a bucket.
It’s coming. Get your tickets.
NFA
GLA LTH
ATB
JR
Hi Spero. My calculations are an extremely bearish set, admittedly uninformed on actual costs in 2020, that still show that the share is worth over £1. I believe we will be over £3 in the next 2 years. Profits should reach over $100m per annum before 2025 if all goes to plan and copper can stay at elevated levels. After 2025 we could shoot for the stars.
Some calculations
RMM break even at $3.5 per lb copper for costs. This is a high estimate. Currently copper at $4.53 per lb. At the 1350 tpd a full year of production would generate an income of $94,349,934 and a profit of $21,452,634. All USD. This is not including the gold.
Because nobody is selling. Perhaps ask Ig to buy at 40p?
Well done all. Strong hands see strong returns. See you at the £10 party in 2025. Now whether to get a labrador puppy or a newfoundland...
Give it up MM’s. Nobody is gullible enough to sell at these levels.
Analysts that appear regularly in the media are, more often than not, used by the investment firms to sew disinformation amongst the masses. This is extremely bullish for copper and for RMM. Lets hope that copper does not become as manipulated as silver in the coming years.
Nothing is hotter than copper. Maybe silver but that is manipulated by JP Morgan and Chase at 1000 paper ounces per real ounce. You want renewable or ‘green’ energy then you’d better pay up for some copper.
4m more added to my position. 10 bagger by 2025.
Well that’s the bed wetters and colostomy bags out of the way. Lovely top up for me. I’ll be adding every month we stay below 1p/100p depending on pre/post consolidation.
Astounding stuff and much better than my predictions. Reduced debt and operating costs in what should have been a shocking year. Let’s get these new shares in the float and then push on to 1p+
A new holder here after lurking the board for a while. Can't see the downside with the next arms race between the major powers seemingly being centered around an energy revolution.
Think even I could sell this at $2 billion +. The fact that the BoD have plenty of skin in the game gives me confidence.