Member Info for Know0

Agree Sharehead

NASDAQ multiples / valuations are simply not reflective of the businesses - the spare cash US citizens had from Covid they chucked into the market as an easy way to make money - so many kept buying

The large funds have pulled a load of cash out of the markets and dropped the prices significantly (like CPI). they will frustrate the majority of sellers - those that are happy to get out at a loss/ breakeven or a small profit will be frustrated into it - then later in the year, the IIs will come back and Sms will rise again, but in the meantime its the PI that has lost (you know, that figure whatever silly %% of PIs lose money investing)

Tesla value is still stupid - but loads of big investors have made money off Tesla - its the PIs that will be left holding their losses

As for CPI, I am not going to say a figure as I was pretty sure we would be 70p ish by now, but what I will say is that in March 2020 when first the financial state of the company was realised and a week later the covid crash took us to a stupid low - one that 2 years later and a much leaner and profitable company is at a similar Market cap!

Go figure!

Traded a few last week (small part of what I had bought at 20.1p) for some stocks I think will do better before August, but will be adding more than I sold sometime within the next 20 days - I don't see 30p until after August personally - but happy to be wrong - lets get to 50p by Sept pls

GLA

Elsol

Due to the qty of shares controlled by John (and close connections) there is no hostile bid here

John decides when and at what price to sell. 24p would do it for me in the coming months.

This has been my 2nd most profitable share (after capita) the past 2 years - I forget who got me into ITX but it was mentioned on the Croda BB - I owe them a big drink!!

Didn't trade the first rise to 8p but have sold out fully on subsequent raises and bought back in reasonably well

Not sure I will sell out fully at my net target as a real rerate or M&A could happen sooner rather than later

GLA. Love this company for many reasons but the product and the management are the 2 main reasons

GGG - the requirements are different on TSX to AIM.

That’s what I meant by providing more info.

AIM listed have to provide every 6mths whereas US & Canada is qrtly

Currently RMM are going beyond what they need to do with mthly, but it’s necessary at the stage of development

2023 will be qrtly operations imo but only 6mthly for financial - would be great to have financial every 3 mths also

But this does increase costs on the company.

Gla

Last Fridays RNS (IMO) was a kick from the Nomad who saw an article published on 7/7 and Friday (8/7) said, this is price sensitive and needs RNS.

Hence why it was rushed out in last hour of trading - to cover a55

I believe the mthly numbers should be released of a fixed number of working days post m/e. I said that to Toby on last months call

But - it has only been 5 working days (6th today) due to Canada Day and weekends.

They have to give the tonnage asap and the full H1 update in due course but before the end of July please otherwise info is not timely at all

Admittance onto TSX would definitely create a more professional and robust reporting timelines for us as they have to provide a lot more financial info every 1/4.

Good luck all.

Glad I got that in yesterday - fingers crossed for good news Monday.

Wondering if the line re annualised 8000t was felt to be price sensitive info by the Nomad and that meant they had to RNS it?

Anyways, Im a happy bunny

Have a great weekend all

Wow - just had a chance to take another look here - AIM, you do understand that when you are betting on the price falling and its rising that you are getting significantly in debt?

The professional shorter stopped shorting CPI a few weeks back when it hit a low that not even they expected yet you keep betting more!! Wow

As Ricky Gervais once said,

"when you are dead, you do not know you are dead. Its only painful and difficult for others. The same applies when you are stupid"

Hancon have been mining at Ming for about a year - they only make money if they control their costs - we have a natural "hedge" on costs

Hancon have just taken a debt for equity swap at 29p per share

This is the business of Hancon, a mining specific company that were prepared to be paid approx £600k of invoices in shares at a rate 50% above todays market price!

Yesterday I added a further £17k worth of RMM - why? because at this Market Cap and the future demand for copper and the lack of new mines etc, then Little deer would be worth close to this price without MM!

Sept/Oct we will be looking back to now asking why were we so worried!

All IMHO - DYOR and GLA

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

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!!