Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Roughly £520k bought vs £75k sold ... this has to end the day double digit blue
Got in here at an avg of 1p, yes it was exciting to see things move up fast and disappointing to fall back but I’m actually really happy I’m in and I have no issues with my average. The mkt cap will still be tiny @£30 mil which should mean an easy re-rate to 2.4p or thereabouts in the near term. Disappointed I missed this one a few weeks ago
Does anyone know ramblers highest ever mkt cap ? It’s hard to work out pre dilution etc
My guess is .75 -.85
No reason they couldn’t do a JV with the second mine and retain 100% of Ming ? 30-50% of another producing asset would be better than nothing happening imo. Do you think RMM could move into profitability by the end of the year if the copper price holds ?
Cornish I don’t doubt they have but surely it has potential to add serious value to the SP if something positive is done with the other mine ?
Looking at the what that article says is in the ground it’s circa $500 mil of copper for available for extraction at little deer. This has to be monetised surely !
No one talks about the 100% owned little deer/whales back mines is that because there is no chance of them ever re-opening ? Surely if the copper price continues to rise this will be an obvious play ...
I keep adding to RMM as if it’s impossible for it to ever go sub .3 again ... I seriously hope this settles in the .4s soon would be nice to have some excitement
Cornish your knowledge is incredible, I watched a YouTube on RMM and you were referred to all the time! How have you got such a vast knowledge of Rambler ?
Nothing is nailed on ... but I would say the more I research Rambler the more I buy. I believe there is massive upside potential and minimal downside now considering there is zero debt and the copper price is set to remain elevated according to Bloomberg etc
Couldn’t agree more . When the sentiment changes here It will move fast I think .7./.8 will still be amazing value for money and it won’t slow down until £150 mil mkt cap is achieved
Think he is a bit optimistic looking for x10 this year... maybe in 2/3 years. I believe RMM should easily be 1p by year end though especially if copper keeps moving. I have to talk myself out of putting 70% of PF here as it’s should just take a bit of patience.