My gut tells me that the good news will start to flow since the consolidation has taken place. Would make sense since TB has really had nothing but bad news since he started, this could be the “rebirth” as described in previous RNs
Who actually cares how the sp is priced other than institutions. I’m looking at £40 mil mkt cap and it’s a bargain with the future cash flows and resources In the ground of the THREE mines. JV and finance are the next RNS to get excited about in my opinion
There is now more copper and gold which can be extracted therefore extending the life of the mine which in turn should lead to a higher multiple being applied to any profits. In my humble opinion this statement should mean our MKT cap shouldn’t be below £50mil at any time now considering the price of copper and gold !
Rambler are making progress and production will ramp up in the second half of the year which is only a few weeks away. Copper will continue north, the short term funding gap will be plugged, some kind of JV will be announced for LD. My only frustration is that I topped up in the 40s and not today!
We have “numerous offers of unsolicited interest” in little deer but now the SP is lower than before we had this confirmed in an RNs.
I was referring to the Chilean govt wrecking their medium to long term copper output by taxing producers to death therefore driving the price higher. There does look like some promising Canadian Govt back loans could be available - after a quick look I can’t see why rambler wouldn’t qualify.
Placing looking less likely with every day that passes. Copper and gold prices on the move in the right direction again, crazy low mkt cap, JV on the cards, production increases from H2 onwards. Worlds largest copper producer is moving towards socialist policies, not enough metals in the mines for net zero targets. Patience is key here !