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I totally agree, I think in a couple of years this could be well well north of £1 or even £2 if progress continues apace, but if I was Anglo I'd be all over RMM... a working mine with a couple of decades left of copper to mine in Canada, seriously what else do you want?
A buyout is definitely a high possibility especially with the likes of Anglo activity looking for copper plays, for me RMM being in Canada is a huge benefit.
Not for me, I'd like to hold we are still at the beginning of the turnaround... lots more to come
Where is Moon boy? Or does he only come out to spread negatives when possible?
Good post @beyondthesea I also have to keep reminding myself that the investment group put up quite a large amount of capital so they must be confident of permit approval & they will be much closer than any of us to what is going on.
I agree Lethal1979, I'll start to smile a little once we get to the 40s
@Ferrisc exactly, EML need to smarten up if they haven't already & join forces with OCP... People keep talking about other options , total BS you think the gov are going to sign off on the permit unless ocp getting a massive benefit, no chance.
EML were posting quite a bit about OCP in the past so it seemed a link up was on the cards, though of late they have been quiet... I hope greed hasn't taken over. 100% of nothing benefits no-one, let's share it round and all make money. Lets also not forget ocp has direct links with Moroccan gov so its pretty obvious we need to keep OCP happy.
Good to see you on the board Cornish
Goldman going bearish won't help but still doesn't justify a drop anywhere near like we've had over past 2 days. Perhaps I'm naive and/or ignorant but I still believe copper will be strong, cars, houses, electronics, renewable all still needed, copper is key.
I agree, nothing to back up this drop... off the back off the first decent monthly production in years, mm games loading up for a buyer
I agree 3G given the rubbish and BS from the previous management RMM can't do stuff like that if they want to show they are different.
I have to admit I don't think you can give it the big one to then not release production numbers after you have been doing so all year.