Member Info for Maltoposstiger15

Sad to say but probably just gathering IP from these unfortunate companies

Sad to say but probably just gathering IP from these unfortunate companies

Targeted for 2022

For risks, go on youtube and search rmm, see presentations from 2012 for example, sound very similar to recent. Yeah we have a new top team, but we have before. As a holder I too hope this flies after the recent capital raising, but the fact remains even when we previously managed to mine 1250 a day we never managed to turn a profit. Hopefully copper price and improved processing will get us towards 2000 equivalent per day and ultimately a profitable operation the risk being this is a stretch tgt yet to be achieved and together for 2022 earliest.

Thats a possibility, but a certainty is further delay, dont think the market will like it. Hope I'm wrong.

Yep that's the crux

So those handed shares options will benefit massively with todays RNS crashing the price as options will be set at todays closing price.

They've secured materials for next few months production - well that would be easy as we're making **** all.

We have no orders, therefore absolute 24/7 capacity, or even a gradual ramp up to a 5 day 1, 2, or 3 shift operation is just meaningless talk as it always has been as I've never known a situation in all my life that a newly commissioned first off machine has demand to warrant ,maximum capacity in its first year, let alone month.

All in all bad day at RMS

You cant sell even 1000 on Hfax.

I do wish folk would stop posting ****e

Surprised that I ( my wife) could do this easily through on line chat, however its a bit of a leap of faith!!

and how would you like to vote
Stuart - 12:19 PM
i would like to vote AGAINST all 4 resolutions
julie - 12:19 PM
I will pass this onto our voting team to process for you
Stuart - 12:20 PM
do I need to do anything else or will I recieve confirmation that this has been actioned?
julie - 12:21 PM
nothing more to do..we don't sent confirmation sorry

Receive haha.

Agreed Kevijoh, similar Chinese experience here.

The only certainty, especially if the RMS crew is relatively inexperienced, is that there will be a few issues to resolve, point being that this is perfectly normal, and expected rather than hiding some great conspiracy.

Yes the m/c was running in Spain, however a FAT in Spain will literally be a functional test of the machine to make sure it can do what it's designed to do i.e. make the mask. that is fundamentally different to setting it up to run and consistently produce millions of masks achieving a tight specification. The machine will need to be fine tuned and will also have consumable spares, so there is a perfectly logical explanation for their comments. That is unless you are an expert in commissioning and validation of such machines.

So to speak. Lots of promises, no delivery, AIM at its inglorious best as a lifestyle provider, for the few.

40 tonnes of copper per wind turbine, that seems high, source?

They have 15 days to do all installation, and validation activities, write operating protocols, SOP's etc etc, produce validation samples , wait for test results, train personnel, write and approve reports etc etc, you cannot just turn on the machine and start making masks. From my experience this is typically 4-6 weeks activity with another 4 weeks on top before you could hope to be getting anywhere near full operating capacity.

Regardless of what masks were made during FAT in Spain, masks will have to be made in UK to be submitted for validation and ultimately to be approved for sale.

'5m/4 is 1.25m. so a single week of the machine operating at 5m capacity would represent almost as much as that state will be produced in Feb. I don't think ramping up production could account for this discrepancy.

There are few staff with the automated system. If staff training is a bottle neck it would be worthwhile to hire someone from the manufacturer to come over from Spain initially.

Given that RRP of each mask is £1 the reduction in Feb would resulting in 3.6m reduction in revenue. I'd think they could pull out more stops to get this going if they really wanted to.'

In reality its not that simple, the planned production ramp up will probably involve putting on more than one shift a day possibly working weekends etc so even if machine only required 1 operative there may be a need to train up to 5 or 6 local operatives. How many people do you think can be effectively trained on a new machine by ' someone coming over from the supplier' what hours would this person be available for. its perfectly logical that a delivery delay will directly effect the ramp up of production by approximately the same number of weeks. the very last thing RMS would need would be a quality issue resulting from poor / rushed training.

Any new machine will need validating to ensure output is of right quality and repeatable etc, also operatives and maintenance personnel will need to be trained etc, so there will be a production ramp up from zero to max capacity. If it starts later it will delay achievement of utilising full capacity e.g. the ramp up may typically take 8 weeks.

email sent 172051

'IF' being the operative word. Capacity and sales are rarely matched, no matter how much we all wish for that to be the case. Be nice to get some news of actual production ramp up to meet sales.

Good companies, like football teams, make changes whilst at the top. GH has been an excellent CEO, nothing that follows will ever change that. Lets get on to the next phase, the fundamentals remain, BUY BUY BUY.