Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I'm going to say no, I'd let it ride for more as I genuinely believe this could seriously bag
Yes defo that would have to be RNS. for the record I don't believe we are being lined up it just wouldn't surprise me if we were.
I wouldn't say if be gutted if we got taken out as we'd all make a profit but I really hope we get the chance to see this out as the potential for seriously high returns are there.
Daaaaamn Toptuf good work mate... I'm 40 this year think RMM do the job for me to pay off mortgage lol
The ore sorter once again will be raised by profits not dilution multibagger pointed this out the other day.
It will come good, proper investors will be rewarded you just have to have patience. RMM was miss managed by the previous team for years , thankfully they are all gone now. TB knows what he is doing but it takes time, they have already achieved a considerable amount in the last 12 months and thats despite covid etc.
We should be double where we are quite frankly, this is ridiculously cheap.
Those grades are unreal !!!!
Gotta love it, like I said yesterday TB is keeping the improvements coming, slow and steady! Great work.
The crash will hit everything if it comes so nothing to really worry about, if it comes it comes nothing can do except pull money out of all investments... then get screwed by inflation, pick your poison.
Lol you would if your looking to try and influence price for a better entry. China have just boosted copper intake buddy.
Theres also no way I'd want to get taken out, we are priced like an explorer... arcm mc of £37m or what about ars at £21m until very recently were double that... neither even got a spade in the ground lol.
I just don't see the point being negative, I've been in over 2 years I can see how things have and continue to improve.
Moon we all know you just a trader, give up.
3G I don't believe that's true 7000 is a target for a reason a quick fag box calc would tell RMM roughly what they need to run the mine, to me if we are hitting that level then I believe RMM are on track. If you believe a raise is coming the smart thing would be to sell now and wait. I think people forgot about the gold contract and £11m was it cash injection we got as a result of that.
Multibagger with a better memory than I lol, thanks for clearing up the ore sorter funding.
3G some good points, but some assumptions too, we have no idea of the finance strategy for the ore sorter. A buy out is not fantasy at all AA are looking ARCM whos resource isn't even firmed up, RMM has the copper, don't get me wrong I don't want us to get taken out but it would not surprise me in the least.
I think its the externalities that are way more of a concern than anything else, recession, Ukraine war, inflation, copper price. RMM have proved they are doing things right since TB took over, thats all they can do, focus on themselves, getting the copper out & lastly target efficiencies - that fir me is what will dictate the level of profit made.
Thats my personal opinion, as you rightly say we need further finance info from the company. That said, if you're invested in RMM you must be doing some kind of analysis. My personal one is that if RMM can continue to achieve or better 7000 a year of copper that value is way above current mcap, in one years production. A company is clearly worth more than one years income, how many times more depends upon life of mine, profit from that income and scalability, as an investor thats up to you to decide a multiplier to use.