Member Info for Possetwolf

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

Moon, FFS while you are over there, buy the company and show them how its done.

To make the mine clearly profitable at current Cu prices they would somehow need to fund the ore sorter. I think I have seen that these can improve ore concentration by about 30% before transport to the mill, with the same increase to revenue and substantial reduction in C1 costs/lb.

Also on search spotted this very recent example of where the gov have stepped in to support a company in line with this strategy:
https://www.canada.ca/en/prairies-economic-development/news/2022/09/minister-vandal-announces-investment-in-processing-of-rare-earth-elements-in-saskatchewan.html

Here's what posted recently asking the same question :

Canadian Gov Critical Minerals Strategy (has just completed consultation):

Canada’s list of critical minerals
The Government of Canada has developed the following list of 31 minerals considered critical for the sustainable economic success of Canada and our allies and to position Canada as the leading mining nation, as set out in the Canadian Minerals and Metals Plan (CMMP).

Canada has a long history of producing many of these minerals, and has the potential to produce more.

Aluminum
Antimony
Bismuth
Cesium
Chromium
Cobalt
Copper
Fluorspar
Gallium
Germanium
Graphite
Helium
Indium
Lithium
Magnesium
Manganese
Molybdenum
Nickel
Niobium
Platinum group metals
Potash
Rare earth elements
Scandium
Tantalum
Tellurium
Tin
Titanium
Tungsten
Uranium
Vanadium
Zinc
The list was developed by Natural Resources Canada using a criteria-based approach and in consultation with provinces, territories as well as exploration, mining and manufacturing industries and associations.

Federal, provincial and territorial (FPT) collaboration is essential to advance the critical mineral file and seize opportunities. The federal government engaged provinces and territories through a FPT task team to help refine and support Canada’s list of critical minerals.

Canada’s critical minerals are:

Essential to Canada’s economic security
Required for Canada’s transition to a low-carbon economy
A sustainable source of critical minerals for our partners
The list provides greater certainty and predictability to industry, investors, provinces and territories and Canada’s international partners on Canada’s mineral priorities. It also enables policy makers to target and address key points in supply chains.

Really well put Wilco, summarises my thoughts also and I’m in the same position. I’m also quietly confident about copper price due to various developments, so this could be a big help.

Totally agree Prop. Moon couldn't have put it better himself!

Hi LL, please take a second to look at the chart Mikee has produced - coincidence?
Might have to admit GGG is correct on this, could hurt!
Anyway, should be a good bank holiday for all RMM holders. ATB

Drilling results helped but with lack of other news this is all down to copper price. Up more than 10% in the last month. Shot up this morning hence the acceleration in SP as impact on profit is more than proportional.

More important than history is following FDA clearance with sizeable contracts. It will be black and white, if you are in when/if it happens you'll do well.

Nice article by TB

Anyone would think that this share price and copper price are connected!

LL. To keep it simple for you, if the copper price keeps moving north, so will the SP without any further announcements on costs because investors will make their own assumptions and some will want to buy in before the full picture is out there to take max advantage from any future hike - its called speculation.

Nothing to do with copper price going up 12% in the last month????

LL. Regardless of what your costs are, if the copper price goes up, you are either making more profit or a smaller loss and vv, and it will affect the SP.
In absence of cost info, investors will be making their own assumptions in what range the costs fall, but agree that not having them will make IIs and many PIs hold back.
We could discuss this forever, so in absence of any news, lets see what happens to the SP as the copper price moves!
GLA

Hi LL. Copper price has to figure

Interesting article
https://www.lse.co.uk/news/china-steps-up-copper-imports-despite-renewed-slowdown-andy-home-gbewmm0izbpfa6s.html

Predicting a patchy recovery
https://www.mining.com/web/chinas-imports-of-key-commodities-set-to-make-a-patchy-recovery-on-growing-mobility/

Agree it was good!

I see that the Alliance News update led with June ore production being down on May but no mention of the record tonnage of copper produced which should have been the headline.
Also agree with Freewill on the words used in their commitment to produce 1st half economic data.
Better messaging would tell just how impressive this turnaround is.