Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Copper is 4.24/lb .
Tb what did u do to rambler innocent shareholders. What would be rambler share price with this sort of copper price just imagine .
Rambler BOD .....
No shame whatsoever after ruined so many investors,creditors ,employees lives .
Just wonder how TB and his team sleeps at night ?
Where are they nowadays ?
How long it keep falling .almost 22% down in 3 days.
BOD ...bastard of directors.
Corrupted board members and liar ,inefficient CEO of rambler ruined everything .shareholders is going to get nothing ....news coming ..these rambler board and ceo are inhuman.how do they look at the mirror after ruined so many lives of shareholders , creditors, employees ?
Good luck to other bidders.let have them a bull fight
From a bidder with deep pocket.over 100+ is a must when 8 bidders will be in auction in next stage .wish for 125+ while copper inventories is record low in the recent history.
Chinese and Japanese are fighting for rambler .have to pay $125+ millions whoever wants it . People who are ignorent about mine and copper value better not to comment here .
Bid from a big player who is very much interested in billion pound copper reserve .we need someone to beat this bid to get even more return...
$97 millions ....needs more to beat that bid .
Rumour of an interested party's offer..let's hope more bid to come
If they can find few buyers and sell for $120+ millions (very much possible compare to their assets) our investment will back .all we need here to find lots of buyers as rmm board proved themselves inefficient with a huge potential asset.
Any one find any potential buyers e mail them about rambler sale documents before 19th May.hopefully as a investor primorus will find lots of buyers for rambler.
It's now under sale process under monitor ( grant Thoroton, canada) .
Rambler has total $55 millions of debt and $30 millions of deffered tax asset.So in reality it has 25 millions of net debt compare to 428000 tons of copper and 230000 ounces of gold reserve,all plant machinery equipments , all licences for mining which takes years to get for a new miner ,little deer complex which also got reseve of lots of copper etc.
Rambler was a producing mine few weeks ago before they failed to refinance from newgen which we believe a personality clash between rmm ceo and new gen board.the assets is there all we need to find few buyers who will fight for it and give us fair value compare to recent M&A in this field .
$100+ million minimum
They are coming to the scenario s.o.o.n
ired
Make everything clear
I instead of u
Red kite. If we can't mine it profitably doesn't mean others can't and underground copper is valueless. If someone fix an ore sorter and have proper money and good ceo this will be a cash generating machine .
As u said before If I don't have money to buy fuel for my porsche then someone has the money can buy from me ,fill tank and drive .May be I have to sell less than original value but don't mean my car is valueless without fuel.
We just need few buyers for bidding.under monitor supervision that will happen because our so called expert BOD and our liar CEO will have very little influence on GT(monitor) .