Member Info for MU345

Exactly, this may turn out to be a blessing

The share price is down 70% since late January 2021.

How much further would you suggest? 80%?

The volume of buys this morning surely has this primed for a breakout.

Could get hot here quickly.

Well overdue a rather substantial rise here.

Looking good today though.

Once an update is released detailing the latest developments investors will start waking up to this.

Was researching the other 100% owned mines in Little Deer and Whales Back, interesting to read how much funds had been spent on developing the mines as well as on drilling over the years. With a Copper price souring the way it is and with demand continuing to outstrip supply it would be prudent to suggest they’ll certainly come back into the fold some point down the line.

I don’t think it would be excessive to suggest a 100m+ market cap will be assaulted before years end. Regardless, this is will remain my largest holding and with good reason.

The opportunity to pick up shares at this level when approx. half the market cap is in cash is such a privilege and certainly not one I can afford to miss. GLA

This bounced to 14.00p a couple of weeks ago rising around 30% intraday on news of the government grant, since then little has changed apart from the share price.

Obviously sentiment is poor at the moment it’s easy to bearish when the share price continues to fall, but as we’ve seen previously this could easily return to double digits as it sits in heavily oversold territory. GLA

For the Gupta situation to be soon forgotten about.

It’ll be interesting too see what content Eric tries to de-ramp with next?

But what you’re perhaps forgetting is that the share price has gone from 33.00p to 8.50p so this is all priced in and likely beyond.

Wouldn’t be the first time a large % ownership sold shares of a company (if they do). As far as I’m aware this won’t have any bearing on the company’s fundamentals, so I’m not particularly interested in that situation.

This was 24.00p last month, again, fundamentally I’m struggling to see what has changed to the companies prospects apart from a call in with regard to Uskmouth planning, which was always the likely outcome and not necessarily a negative one. Whilst prior to the call in the planning officer for Newport City Council had recommended the planning application to be approved. Although that is quite obvious when you see just how far the positives outweigh the negatives.

At 8.00p I think you can almost write off everything apart from the hugely exciting tidal side of the business which as an industry is set to grow at around 25 CAGR.

Overall, prospects remain largely unchanged, whilst share price is 65% cheaper than last month. Brilliant if you’re a buyer. GLA

“Oil & rt It's not a deramp or manipulation idiots it's common sense what goes up must come down.“

Perhaps, that’s not to say this won’t visit 1/2/3p + before we see even a hint of a retrace.

This will glide past the 52 week high with ease. Knocking on the door of 1.0p shortly I presume.

Usually I’d slice my position after such a solid rise. But this has so much further to go imo. I’m looking at 1.00p initially. GLA

Could go parabolic. Well overdue a sustained move up. GLA

Let’s be honest, well overdue a rather substantial move up here in my opinion. Some similarly placed companies on far greater valuations.

Only a matter of time.

Lon:prem has increased 700% in a month.

Important to not think about the short term SP because this could moon at any moment.

Doesn’t take a genius to see this is substantially undervalued. GLA

Forzeb.

I hope you mean it won’t go over 0.40p this week!

If you cannot see blatant value here sub 0.50. I honestly don’t know what to say.

My average is around placing price and have no intention to slice until it’s witnessed at least a 100% gain.

If the story changes so will be targets but at the moment all is looking very well, particularly the copper price.

I’ve been in shares that have dropped 50% over a month and then rocketed 200% in a few days on no news. We don’t know when the value here will be recognised. However, I’m in no rush.

Just a case of waiting until the share price represents the company. Next month, next year. Who knows. GLA

So, would you say that the increase in risk here means shares should be valued 70% less than 6 months ago?

You’ve got to love buying when there’s blood in the streets.

Excellent opportunity.

I’ll continue to hoover up shares unless someone can give me a comprehensive reason why this has dropped from 33.00 to 12.00. GLA

Bears crawling out of the woodwork after a poor week throughout the market.

They’ll disappear again on the next assault of 3.0p.

Expecting a strong rebound.

Horseposture. Appreciate the informative posts. Well worth the time spent reading them. Thanks.

“The finance restructure is killing the SP it I guess! with this kind dilution I dont think rmm can take advantage of copper bull run! any time soon!.“

The reason behind the financial restructure is to allow Rambler to take full advantage of the copper bull run. As it’s been pointed out, this is unfortunate for previous holders but provides excellent opportunities of buying in sub 0.50 for new holders.