focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
- Fed Tampering (not a real thing!)
- Europe petrol prices impacting the financial performance of a copper mine in Canada?
-Russia Nuking
Funny how you are assessing those above Copper prices, Chinese Developer Crisis, Covid and economic slowdown in China when assessing the risks to rambler.
I would suggest the MoonSquadHQers, spend more time learning about factors actually could impact the company when researchingā¦ Like what ever that āDuck Pond Millā thing is.. any ideas Moon?
When you have done please try again and we can try and have a educated well reasoned discussion.
Higher than it is now.
Hmmā¦ so you sign up and repetitively posts on an online forum designated for discussing shares and investing; and then call the idea of sharing reasons for investing pointless. However you remain for entertainment purposes?
I can think of a few more entertaining and fulfilling hobbies myself but each to their own.
I had hoped it would be sooner, as Iām sure we all had.
The bridging loan is an key for me about the thinking of RF and NG. If you thought / knew an agreement was not achievable, or had concerns from a financial point of view, would you agree to the short term bridge loan? Also with current cash burn, the additional loan should give an indication of their expected time scales to completeā¦ you wouldnāt do $1m (lasts about a month at the moment) Iād you knew it would take longer.
Thatās my two centsā¦. But on someone who is -18% on this (after adding lots when it dropped sub 20%)ā¦ clearly I am optimistic and currently wrong.
Whilst no deadline has been given in latest RNS, would like to think they would be aiming for end of this month.
If not this week, will we see more dilution to give funds for continued development?
Feel it will be a big week for the share.
Some positives in there, however the withdrawal of all guidance is very worrying...
I would not imagine doing that is something a company who is a couple of days away from securing financing would do.
Whilst they missed a deadline. This is between two lenders and therefor out of the hands of Rambler. They did not have control of the deadline so why promise one!
Exactly as Blue Square said. The finance company will not be in a rush. They will want to make sure they have everything ready in order. A delay of a month for them compared to not having legally binding and strong terms / security which considers all eventualities is more important.
Tony Bradbury in his last conference sounded confident it would comeā¦. And if you believe in the RMM story you have to trust him for now.
What prediction are we watching unfold? Share price of Ā£7 from 10 days ago? or Ā£0.15 from 9 days ago?
Reading the messages here... It starts to raise concerns that some of the people on this BB believe that the New Gen loan agreement is being prepared down the Ming copper mine legal teams and circulated around each RMM workforce for personal review.
I will break it to you now.... That is not the case. This paperwork is being done miles away, in a well ventilated office, unaffected by Covid. They are not related because that would make absolutely no sense.
It going through is not certain... but the 7% of the workforce being forced to self isolate is not going to stop it. Not financial advice, just common sense.
They said that for the 30th August?
Concerned that another week goes by with no news.... apart from that random Covid update RNS.
Lets just hope they convert on the financing next week... I thought it would have been finalised by now and am frustrated and disappointed that it has not.
The lack of RNS or confirmation of funding running this late in the month makes me nervy of another dilution / delay. However been a very good week, investors clearly watching the stock.
What do you reckon, Technical Due Dilligence done and TB seemed confidentā¦ but 2 weeks on Is all the same?