Member Info for Know0

GMAN, last year it didn’t really take off until after results in August. Not even the rise in anticipation really.

Current market fears are affecting everything. They will come good in time.

Market may not like the “H2 will be much better” narrative but all these funds sitting on huge cash funds will come back to the Marian’s when they do, shares like CPI will head much further north.

I’ve been lucky that I’ve traded most of the 50p spikes - all since 2021.

I will do the same again this time. 29p avg so 50p is a great return as still have approx £150k invested at that avg

Chilled re CPI. Debt almost immaterial.

Free cash flows from operations.

What’s not to like to invest in - safe a they get with hundreds of individual contracts so not reliant on one paymaster.

It’s buy buy buy for me but DYOR

GLA. As markets are again a s-show

DJ - I think a 15% day will come when K2 have finished. But with SP Angel pushing it then that could keep the momentum even before June update

June update in the med/high end of our ranges, will push it on also

At these prices %% means little as only a couple of pennies is a big %% - so lets say if should back closer to 30p even without June figures - but if I am correct and RMM get the June figures out earlier next month, if may still be in 20s before the update

Friday is 1 July (which is Canada Day) so first working day of month (for admin staff) is Monday 4th July - will they try and get them out next week? I hope so because last month the negative speculation when they took longer was awful sentiment

They should be able to get this data out by the 5th working day of the month IMHO and that should be their aim (I did question Toby on that last month)

Lets get back to 40p buy end of Sept and get confirmation of the output and cashflows

GLA and pls DYOR

So SP Angel have now declared RMM "House Stock"

All of their advisors will therefore be recommending RMM as a BUY

Remember these guys have a lot more access to senior management than we do - I am not surprised with the timing either

I expect we will get June update sooner next month and K2 will be now out or fairly close to it

This week or next I expect a couple of big blue/green days - hope Im right

Please DYOR and GLA

Spin off LD as an IPO on TSX - get value into RMM - that would be lovely!

Haven't been on this BB much but heard a lot about Aim

I think he's actually BUYING at these prices to sell in the "SHORT" term!!!

He can't be betting this was going to go lower - nobody is that daft - MW closed their short a while ago and they are pros at it

Pls let IR write a sensible update not like last December!

Anyway, Happy H1 all - there will be a chunk of profit taking at 30p I expect - but as we start holding 30p and going after 35p, there will be lots of buyers coming in looking for the 50p spike

All IMO obviously - enjoy the ride guys and gals

And pls DYOR

I think 10p dividend is some way off - but we can start at 2-3p next year

Expect 5-7p to be the target Divi in a couple years.

Just my opinion, but CPI previously chased divis to its detriment - don't think they will do that again

But all that to say that if things continue as we are, that long over due 80p will come.

The grey-haired investors will push the SP up on news that they have sustainable divis at a reasonable rate - interest rates will no longer be a risk here as debt is under control and a few more business units still to dispose of

I would like them to start with a share buy back at these levels - that would be great news

Enjoy the ride - and Im almost back in profit!

GLA

Peel Hunt reported it last week - they said BUY and target 48p

Hi all - Peel Hunt last week will have had a decent chat with Lewis &Co before giving their rating - they saying BUY and 48p

Hopefully 30p by next Monday, but just like last year I expect it will drift along until the August results confirmation

Lets hope PR does a better job than they did in Dec 2021 when they wrote a load of tripe that was never mentioned in March results

Anyway, still holding significant sum at below 30p avg - a conglomerate of multiple contracts (vast majority with indexation in them) and real debt at a low level - this is still a go to share for me to make money - missed out taking profits in Nov/Dec 2020 but apart form that have been happy to make a lot of money off CPI the past 2 years and expect to do so again within the next few months

GLA and pls DYOR

Hi all

Popped in to see the mood - looks the same as it did the last time I popped by - mixed!

The copper price has taken a dip but we still do not have visibility as to how we are getting paid wrt th delivered to bond / shipped from bond - also we have no idea wether there was a collar and cuff arrangement re pricing (without there being a fixed price/quantity) but I do believe that the company will have some tool in place.

The Hanson shares today are taken at 29p valuation (nice to see they have their shares at my avg!)

Remember, they only get their monies if they achieve and I think todays announcement (saving a chunk of cash) is also showing that they are delivering on the 7000t forecast etc

As some have said, the firesafe value of this business is substantially higher than market cap - TB has repeated that several times recently (in one way or another) and all this ignores LD also!

Of course we all want the SP to be back at the 40p area it should be and its frustrating we've been brought down here by K2 in the main

But, I have only increased on my significant holding - why? Because irrespective of copper prices or pending recession, this company is still significantly under valued IMHO and I back it with cash not just words.

So thank you K2 for being as terrible as I expected when you first became a part of the Rambler Story - Oct 2022 I hope SP will be looking very different what it is now

Please DYOR and be nice - even to Moon! (well, ok, maybe not to moon!!)

Know0

(only kidding Moon)

Dont get to read/post much here these days, but still holding strong

I was pretty happy with May figures (remember that we had a lot of stockpiled ore to put through the mill) and the work that has been done in the mine itself this past month to get us to the high grade material soon (this or next month probably) means that grades will continue to increase

Toby said on the call that they still believe they will achieve 7000t, which suggests to me that they strongly see the grade improving substantially and with the mine in a great position to capitalise.

Projects due next year will of course move the dial a great deal when they come online, but as long as we see the next 4 mths output remain strong and supporting the 7000t figure, we will all be very happy

As for those here that worry because of copper fluctuations day to day, relax - part of my investment support has been the enormous amount of copper the world requires in the next 5 years - demand will be very high and therefore prices will be reflective of that

June update will be important (30 days compared to 31 May and also July & Aug) but good tonnages for June to Sept inc will see support back and people happy to buy in at 30-40p.

Ming is a world class asset and simply grows in life every time they stick a drill in the ground

Flying over NL last week, looking out at BV, seeing snow still on the land, reminds us that its tough territory but also having been in St Johns (Capital of NL) only a few weeks ago, also reminds me that its Canada - safe territory, great people and again reminded me why I have invested so much in RMM as opposed to other territories

I made no secret of my thoughts on K2 at the end of last year - good riddance is my thoughts and very glad to see them sell at a loss, probably because they desperately need cash to fund some dodgy deal they did somewhere else.

Recession fears will play with everyone for the next few months, and II's are stock piling cash - when they start to buy again, they will be looking for significantly under valued established companies - RMM will hopefully by then have 6 mths of decent monthly figures and a copper output curve and profitability curve that makes investors notice

Still holding over 1.3M shares here at avg of circa 29p so am obviously bias as I remain bullish on RMM

GLA

RBC don't play with small fish - I am expecting some great news flow here within a few months - various options are to list on full market, list on an alternative market, or possibly a buyer has come in for BMN

Whatever it is, RBC as biker can only be good news and I am excited about it

Fingers crossed its a buy out

GLA - I have approx £60k invested at an avg of just under 10p so of course I am bullish

Correct - P&L impact is when gold is mined then sold - its just the FCF from gold is reduced to the 20% plus any in excess of the contracted volumes

LordFlash - they can be cash negative at start but that is not profit - its CapEx usually which unwinds over the term of the contract

This was exactly what was said about the RN contract - but extensions are often more profitable because Capex is sunk cost

All good - don't panic Mr Mannering - hold and watch (the Shares) - loads of money to be made here (again)

GLA

Aim, you used to be sensible - this rubbish suggests that the original Aim has been taken by aliens and replaced with a brain dead IMHO!

Do you really not know what UT is?

Joke pal

IMHO obviously!!

No RNS because its only £20M

Great news and as said, there are probably lots more and much bigger contracts to come

Last August when we were high 20s low 30s I piled in a load and thought it would rise before august results - it didn't but soon went to 50p+ within a few weeks

Cant believe with turnaround completed and all the dreamers of last year banging on about debt, that we could be here at these prices

Im in big again after selling around the 50p mark - I expect II's are wanting to buy and will do on any rise at they expect it to be sold into heavily so they can load up

For this reason I believe this has been held here to allow II's to buy in on the frustrated PIs happy to get out below 50p

It may be June update or more likely Aug H1 Results, but do expect a couple of days of massive volume when loads will sell on the news - truly believe this will hold 50p this time when it properly breaks and 65p will be achieved before year end

I am heavily invested so read with that knowledge and DYOR please, but the above is why I am heavily invested and also why I won't be selling too soon

GLA

Clearly meant .7-.8p (as say -5, 2-3p)

The rest shows that. Apologies. Same sentiment applies.

And yes am holding significantly more than most here that often say they are holding big.

DiamondG

I msg with the outgoing CFO when it was announced he was leaving.

He lives in BC (which is a couple hours further away than London!
He had stood in a CFO for the year or so as a favour to TB but was never intending to stay in the position as it meant he had to live and work almost constantly at BV.

There is no shock value from him leaving and he said he still holds and intends keeping all his shares

GLA

I don't post much on this forum but do read it from time to time

The gloom and doom merchants that are not invested are particularly boring

I am invested very heavily here nd like most am underwater

Yes I have some slight concerns from time to time with MH but I do believe he is managing this business in a prudent manner

There clearly isn't tonnes of spare cash and therefore speed is slower than what we all want but they are doing what they can with the resources available

The new deal (which is considerably better than last years) may not have been as much as we had hoped, but IMHO, MH knows the additional volumes we expect and happy to sell that on the spot market at these high prices which are likely to stay high for quite some time, whilst guaranteeing the cashflow with the contracted price which covers overheads and cash for debt repayment.

He is being prudent IMO and although we all want the SP to be significantly higher, that's only going to happen when the financials indicate sufficient free cashflow.

Any rise to say 70p will be sold into heavily but I expect MHs contacts within the market will be waiting for the signal and then buying heavily when the 70-80p target is hit because they would pay much more if the started buying now without news as they would force the SP much higher reasonably quickly

Im still very bullish on ECHO and where it can get to in a timescale of a year or 2 but some people here expect to buy at .5p and it shoot to a FV of say 2p (I would say 3p should be FV now and if a bid came in, would expect it would need to be of that magnitude if not a hostile bid)

All just opinion and I am invested pretty heavily so read this with that knowledge

GLA

Unsure TB buying is about current production - I would. think its as much to do with II selling

Also, I asked the company what the basis of the management bonus was - not had a reply and don't expect one, but will certainly ask on July call

Hoping we are close to 600t for May - I was in Newfoundland last weekend and the weather was beautiful - so that's summer over!! Hope they got all the outside work done last weekend!! Ha!

Moon - I didn't see any drones anywhere and St Johns (which is admittedly 5 hrs drive from RMM) had no parking attendants anywhere - so either they don't use them or they are all working at Ming !!!

Dont manage to see this site often but still heavily invested with about 1.3M shares at 29p

GLA

Did I miss something??

Markets are closed Thursday & Friday and 31 May is Tuesday, therefore all issued Wednesday??

So unless I missed something from company, I can't see it until next Monday?

Happy to be corrected?