Member Info for Know0

JL says £1 !!

I think a rise to 80p is definitely achievable if we get back into FTSE250

also a small dividend paid in 2024 would bring back the divi crowd on any dips as they see the % return increase on divi and expect capital to take care of itself

GLA

Should never be below 50p now - when the short was announced last year I sold out all of my trading pot to help the shorts and bought it all back - so as Im in profit and taken load of profit last couple of years I am happy to wait - this really should be 80p plus - but Im always happy to go with the flow of the big boys as when they take out their shorts, they dont usually get burned

Unlike AIM shorting it when its low 20s!!

Anyway - pointless guessing where it will be and by when - but all I know is that Balance Sheet is fine, debt is negligible and they are making profit and FCF

Whats not to like!

The one onerous contract is a drag so hopefully they have news that they have done something to get rid of the burden.

As for SP before / immediately after results, Im not sure where we will be - in August 2021 it took a few days post the results to get it going, and it flew

One thing is for sure with CPI - its a safe company and when the SP moves it moves quickly

GLA and pls DYOR

Well I know that they have increased staff a little since the cut - as the staff said at the time, those that left will be back in a few months - its happened too often

Not bothered whether this one role is addition or replacement, the mine is working well according to my sources - so lets hope the BoD are managing the finances properly

GLA and anyone that wishes to join us on Discord (where you can DM for free!). We also have other discussions going there

Be nice!

GoCPI - would be nice, but I think the answer is NO!

Maybe March 2024 but more likely end of 2024 IMO

I think they will want to have cash in reserve and a v strong Bal Sheet

GLA

Moose - they dont have to clear $15.5M creditors - they have to bring old AP back within terms - there will always be creditors in a business as there will always be debtors - eg the copper delivered to port that hasn't been paid for yet (the 90%) plus also the 10% we get after ship has taken the inventory and its processed

Im sure you understand this because de rampers often do understand more but prey on the non financially understanding

DJ also understands lots about mining - however he doesnt have a clue about company valuations nor "insolvency" legislation or routes

GLA

Still not bothered here - still expect to make a decent return - DYOR

Sorry to Burst your bubble Moose, but Hart had negative EV and loans were $70M+

Rambler has assets worth couple hundred $M and NewGen debt of $20ish $M

Any sale of Rambler would be an equity sale (rather than sell in MM and keeping LD) In my opinion

BUT - contrary to popular talk, I dont think there is a sale process being run (would love there to be!) as its been far to long for the tyre kickers to get to an offer and when an offer is made it would be RNS

Finally Rambler is not PE company - and PE have no loans - if PE wanted to buy, they would have to pay between 75p-£1 per share IMO - and we would all be happy!

When AP is brought back to terms (another couple months IMO) then RMM will announce the new loan terms with newGen and there will be a decent sized hedge to boot

Why derampers are here when a stock is suspended and we will get lots of real news before its back trading, amazes me

Get a life guys - people will decided to buy or sell or hold when news is released - not before

GLA LTH
DYOR

NewGen would get what they are owed irrespective of price.

BUT it wouldn’t be an asset sale, it would be a sale of the shares at say 75p per share.

Rambler still own all the assets and Rambler are responsible for the debt.

Posters here saying NewGen own the mine are clueless

GLA

Bloomberg data a short while ago showed RWC (2nd Largest shareholder I think, after Schroders?) had increased their holding. That wasnt RNS though

Then they RNS a small 400k sell - in fact the 400k sell was net sale after buying more - hence why I think they have been playing a little with the share and an RNS from such a holder saying they have reduced, may get some PIs to sell and they make their worked buy at a lower price - we have seen 24-29p range quite a lot over past few months - also they probably lend shares to the shorters so work with these guys - of course they want the SP to rise significantly but trading in January wont affect SP come end of Feb to April

You do need to be patient with CPI but if you are out looking to get back in, you can be amazed how quickly it can move and miss out

Im holding about £100k worth at avg just under 29p - I want to see 40p before even considering slicing - this really should be 75p range with the EBITDA multiples they have been achieving on disposals

GLA

Monkey / DJ - Ha Ha Ha - delete your old account so that people cant see the****** you posted

$25M debt for you is high - $25M debt for Rambler with MM and LD etc is F all

That's not a lie, its a fact

Why would they need to dilute? AP is being paid of with Creditor Vol Arrangement - plonker

You must be so gutted that you've lost £100k and wont be able to get your shares back for anything like what you sold them!!

You also said CU was going to be $3 before it got to $4 - plonker

EVERYONE knows what you are - now go serve the old lady at the end of the bar (sorry you can only afford to be open Friday & Saturdays!)

Monkey - pls back up your comment of "liar" as that is slanderous

Monkey - you are absolutely clueless

Cant say it any more clearly. The sums here aren't your personal finance where debt appears huge. Debt here is tiny and easily affordable

Why would dilution be required? No reason other than a small amount to say thanks to NewGen for restructuring

Posting nonsense here isnt going to help you bro - everyone can see you have no idea and you wont get shares back on the cheap

DYOR

Payment plan was already in place from the cost savings - now we need to be back pulling out more than 8000t per annum and have at least 5000t of that hedged at $4 or above

There was absolutely no chance that the mine was going to close (or be taken by NewGen etc etc what the clowns here posted)

$4.16 now and talk of up to $12k per tonne in Q2!! BUT lets hedge 5000t

SP will rise faster than it fell when unsuspended on the back of this!

GLA & DYOR

Emoji Emoji !!

Lets get 5000t hedged above $4 - play with the rest - need to be back to 8000t soon

GLA

SmartPunter - the loan was easy to re arrange - NewGen will do it over 2 years or even 3 if they want - maybe go with a bigger loan over 3 years for some additional projects

It may seem big sum to some people but the loan and the commercial reality around restructuring it is not - NewGen will have been fully on board with all this since last summer

Copper holding above $4 and hopefully pushing on to $4.20-4.50 range this spring / summer.

As long as there are no F ups at the mine then they will soon be back to 3 shifts and mining 8000t pa

Never been worried here - the amount of posters here that will be trying to buy when suspension is lifted will push the SP up very quickly from whatever it opens at

I expect MMs have a load of shares that they accumulated in the few weeks before suspension - they will be laughing as it moves 10 to 15p range

As I say, many here that sold at 13-18p will be looking to get those shares back pdq I expect

GLA and pls DYOR

Expect that hedge soon. I think they’ve learned their lesson! At least they better had!

Ive msg you on WhatsApp (both numbers)

Meet up?

Wasnt Helen Parris Director of IS at the same company as the CFO ?

Sounds like a good link there to me

GLA

Maybe the 5500 was my calc from the annualised tonnage they were doing and not part of RNS - not got my notes to hand

Ill be here to Post DJ - no worries about that - cant see any way it would need 90% dilution though, but could be wrong obviously. Don't come here much because of the nonsense some post

Glad you wont be buying back pal - we wont have to put up with your over positive or over negative relentless number of posts depending whether you are in or looking to get in

Company bringing staff back, is a good sign

Obviously tonnage is down - the last RNS said 5500 annual (rather than 7000)

At some point they will have to confirm the level of savings achieved per month (they said up to $1M)

Overdue AP was probably no more than $4M

People on here saying Rambler has "huge debts" are a joke - their debt is tiny

Copper over 3.80 and rising - on avg more than 50c per lb higher than suspension - and taking hedge for most of the recent tonnage with the 12 mth hedge acting as a "cuff" or floor.

Expect this to reopen around 10p when it opens and quickly rise on buying

GLA

Prop - not sure of tonnages but mining staff are happy and glad to see some of their old colleagues slowly starting to come back

They said it happens so often - some just take it as break and get EI for a couple of months

Lets hope we get tonnage information soon

Cheers