Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Maybe time to hedge a percentage?
Maybe he's got other stuff to do as opposed to hovering on this board all day.
Glad to see the output from what seems to be a thorough efficiency review albeit late. Can only guess that this is the new CFO Celeste Van Tonder getting a grip.
Why go to the trouble of changing your name, starting posts with …….. and then waffling on endlessly? Bit of a giveaway
Lets hope it continues! Can only help whatever conversations are happening
MAD8, Well said, had to laugh at that!
Don't agree, it's not unemotional opinion.
MB is all over the place.
Ramping every day for a few months, trying to destroy value for a couple more. Then bought back and was ramping for a while. All his posts then disappeared and I thought he may have gone but obviously had sold out. Then a few days ago he posted some wet story about how he felt sorry for everybody, now he's at it again deramping while RMM is suspended!
Sad really.
Thanks, worth watching
https://seekingalpha.com/article/4548430-global-x-copper-miners-etf-copper-squeeze-could-be-coming-sooner-than-expected
Can't come soon enough!
An ore sorter would be an interim measure. I'm no expert but have seen claims of 15 to 20% processing cost reduction through improving concentration at the mill. For Rambler, the mill itself isn't too far away from being the production capacity constraint so a sorter is a way to alleviate that.
Another very short term measure is to target the higher grades. Maybe that's TB's plan to hit 2,000 tonnes in Q4.
So production in Q1 = 1066 Tonnes, Q2 1569, Q3 1654 and TB is saying 2,000 Tonnes for Q4, the final quarter at a rate equivalent to 8,000 Tonnes / year! I hope he is right.
I think a finance extension is coming and hopefully a buyer at some point to make the further investments for much higher production and lower unit costs.
Not sure and happy to admit that, but not spamming the board with untruths either.
Trolling again! Rockfire is not a producer, they are a zero income exploration company and have not exactly done much drilling. Investment to get any of their prospects to production would make RMMs debt look like chicken feed.
Small but it is a first so understandable to announce.
and 20% VC/PE firms with public owning 30%
Would think the Institutions and VC/PE firms must be getting directly involved.
Thanks. Interesting that RMM is 45% owned by institutions.
Here is an example of recent Canadian Gov Support from 3 weeks ago.
https://www.newswire.ca/news-releases/minister-vandal-announces-investment-in-processing-of-rare-earth-elements-in-saskatchewan-814021558.html
Copper is on the Canadian Critical Minerals Strategy (published this year) list and RMM should be having these conversations.
2 positive news items for copper prices:
Reduced Chile production:
https://in.investing.com/analysis/copper-rose-as-chiles-copper-production-fell-102-in-august-200543273
and the London Metal Exchange restricts new deliveries of copper from Russian firm Ural Mining & Metallurgical Co.
https://www.nasdaq.com/articles/lme-sets-conditions-on-new-metal-deliveries-from-russias-ummc
To offer an alternative view, I don't think the recent volumes and so called pump and dump have been a bad thing as this has grabbed the attention of people who probably didn't know Rambler. Some will stay for a while and if we get positive news on loan restructuring and the copper price continues to recover then RMM could be a great punt for those entering now - not without risk but potential gains much faster than investing in an explorer