Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Today’s RNS is a direct result of the work by the Rambler Investor Group, which now has hundreds of share holders, who will hold the BoD to account for the dismissive and contemptuous way they have treated shareholders. Unless there is a buyer and private investors are reimbursed from the proceeds, this will not have a happy ending for TB and his cronies.
Who has actually loaned us the $5 million?
“RMMCL has entered into a conditional DIP agreement for a loan of US$5.0 million with RMM Debt Limited Partnership by its General Partner RMM General Partner Inc., representing certain senior secured lenders to RMMCL”
Is this Brad Mills lending himself €5 million so if it goes tits up, he receives the company as payment? Can anyone explain or put some meat on the bones?
We just need copper to behave now and hope the BoD are running a much tighter ship. I have no doubt that the efforts of RIG have, in some small way, influenced this situation. Just need to sell some copper, pay off some debt and hope that their is a better run mining company sat in the wings waiting to buy Rambler at a fair price.
This is because he deleted and set up a new account as the Publican77 or something like that…
Moon. You have goaded Know0 several times saying to contact you but when he makes the effort to do so, you hesitate and ignore him. Why? It is in the interests of all investors that we work together so please contact him.
DJ, Publican, Ryan - whatever name you want to be known as now. You bailed and for months have slated RMM claiming you are “never investing again” but here you are again. Many of us used to respect your research and, while I have no issue with you personally, I find your posts irritating especially as I still believe this Rambler story has a happy ending. You change your opinion like I change my underwear and Moon has more credibility on here than you. The fact you are considering investing again is frustrating but, like your posts on here, is of of zero interest to any serious investor because twice before you have bottled it. This platform was a better place without you so do everyone a favour and move along, pal.
How many toes have you got, Jonny?
DJ - sorry I mean Publican! Why do you feel the need to comment again? You’re not invested. Can’t you just put a sock in it mate?
Cheers for calling him out, Shorty. An apology would be welcomed Chopper for spreading misinformation. Maybe you could get a job with Donald Trump?
GoingToMoonUFO - if you don’t mind me asking, what is your average with RMM and how many do you hold? You’ve been around a while so interested to know how invested you are?
Chopper by name and chopper by nature… Glad you are paying so much attention mate. I’m flattered x
Anyone predicting doom and gloom for Rambler needs their head testing and yes I agree with both MOON and KNOW0.
RMM is currently valued at £9 million but owns land containing £1 billion of copper and gold. NewGen have skin in the game. TB, BM and TS have skin in the game. HanCon have skin in the game. Every f***ing person involved has skin in the game and, for that reason, will not let it fail. Regardless of the financial mess we are currently in this is a fully working mine with £1 BILLION IN THE GROUND. Anyone thinking it’s “game over” needs to give their head a wobble. If I could top up tomorrow I would chuck the kitchen sink at it. I hope the delay is due to a buyer negotiating terms but, either way, I am not in the least bit worried about my investment. GLA. Now chill…
Goingtomoonufo - would you care to elaborate on your unsubstantiated claim?
You say you will be on an RNS soon, Thomas. Are you saying you are on the board or buying the company or lending them money? Which is it, Thomas, as all thesw things would require you to sign a non-disclosure agreement and you wouldn’t be allowed on here making wild claims and alluding to such things? Would you mind enlightening us further?
I have been holding since it was 1.05 and every piece of good news sees this rise then drop back significantly due to the fact they don’t keep us regularly updated. 1 step forward and 2 steps back type of investment. This should be flying now but I need the price to be 3 x where we are now just to break even!!! Regular updates please FFS….
elly1 - I also bought in at 8p and 9p so my £9,000 investment is now worth less than £1,500. I feel a right mug. Didn’t fully research. Got dragged in as the share price soared then got badly burnt by buying just before the drop. Regret not researching and feel a fool for not. Can’t see it ever recovering so no now written off the money. Lesson learned.
https://tradingeconomics.com/commodity/copper
“Copper futures were at the $3.50 per pound level in early October, recovering further from a two-month low of around $3.28 hit late last month, lifted by a softer dollar as weak US manufacturing data prompted bets that major central banks may slow the pace of interest rate hikes. Robust physical demand for the metal from top consumer China on the back of government stimulus is also expected to support prices. The spot premium for refined copper in China hit 825 yuan this month, the highest since November 2021“
Let’s hope last week’s rise continues but it would be nice to get an RNS to dispel all the rumours and bull5hit being spouted on this chat group. I am all for the upward movement of the SP and a return to its true value but some of the ludicrous claims on here last week were scandalous.
Moon - are you in Canada and is it true you now own Rambler?
jonesrichard - I would imagine the Facebook page and messenger going offline is purely due to the amount of abuse and comments they were receiving following the poorly written RNS that crashed the SP. Nothing more than that. I assume it will be back online as soon as finance is sorted a loan extension agreed or (fingers crossed) a lucrative sale or takeover is announced. GLA.
DJ. Put a sock in it now mate. You need to learn when to shut up. It’s clear to everyone that you’re just p*ssing everyone off now and have zero support for the repetitive narrative you spew out daily. For everyone’s sanity, just take a break from here.
100% agree. The drop was a massive overreaction to the RNS as is typical with Rambler! Instead of remaining calm, the usual doom and gloom brigade picked out the negatives and came to their own conclusion causing a completely irrational sell off. Well to all of you who sold, I would like to thank you for your cheap shares as I have added considerably at 6.5p to 7p. What an absolute gift to he able to lower my average and get this ridiculously cheap entry. When this goes back to 20p on news, as it will, I have just made 200% for nothing! Happy Days!