Member Info for Possetwolf

Maybe today’s action influenced by this analysts view getting circulated?

Nice find, thanks

Reference to Telegraph article today I copied from Cornish Metals board (thanks V-I-I)
'Chiles new Left wing leader fuels fears of disruption to global copper supplies'

"Chile also boasts the world’s biggest reserves of copper and lithium, two of the minerals that are set to power the shift to green energy. The election of the left-wing leader who holds such contempt against mining companies has fuelled fears of a disruption to the West’s copper supplies - a metal vital to growth."

Cheers Know0. Don't normally rise to it but made me feel a better anyway!
I think we would have all preferred a clear run to full production without issue, but that is life and as many of the posters have pointed out, its only a short delay so look forward to 2022. Still my highest potential share in the medium term I believe!

So £45M MCAP today, £150-200M MCAP gets you to £1.06 - £1.41 SP without dilution or to get to back to 40p, 2.65 to 3.5 times the amount of shares would need to be issued.
Don't be sorry for deramping, be sorry for not having a clue what you are on about and making stuff up.

Be interesting to hear the negotiated price of the next copper price hedge. Copper price is already strong and the available commentary suggests there could be supply problems from Chile (1/3 of worlds copper output) following last weekends election of the left wing candidate who has vowed to increase taxes and block the development of a large mining project on environmental grounds. Can only strengthen RMMs position in the negotiation.

Must be incoming. Either should be positive.j

A late check myself.
DJ, don't let Monkey wind you up. He was pumping last month and now he's sold he's trashing it for a better re-entry. He'll be pumping again soon unless he misses the production update or new hedge RNS - that would be funny!
ATB

Anybody with HL figured out how they are allocated Ricca shares? Thanks

It is only raising a relatively small amount of money (not significantly increasing the number of issued shares) so I don't think the action should make a big difference. Hopefully the fact that funding is being raised to push project forward should have a positive effect.

This chat reminds me of ‘One flew over the cuckoo’s nest’

Thanks Troajan, good view on the copper market at 40 min and positive news for RMM

I think all we need are monthly production updates which will speak for themselves. It would also be good to hear what the next hedge is going to be priced at (will be a big uplift) and the gold assay reports will be a bonus.

Agree, I can't think of another share in my portfolio that I'm more confident about.
I would also suggest that if you are looking to judge the authenticity of peoples posts, look at their history for consistency. Monkey was trashing this share for a period, then he was ramping, now he's trashing it again. So sold - bought - sold again as other posters have pointed out. Unfortunately for him he seems to mistime his moves and his posts become more extreme!

Welcome, good timing I think!

Interesting article where elections this Sunday in Chile could influence price of copper, which incidentally is up 2.5% today

https://www.mining.com/chiles-elections-may-impact-a-third-of-the-worlds-copper-supply/

From the RNS:
"Additionally, shareholders will benefit from the approved demerger of our highly prospective gold projects throughout Cote d'Ivoire and Chad into the separate entity called Ricca Resources. Shareholders and investors are reminded, if you wish to partake in the Ricca Resources gold demerger, to avoid disappointment ensure you are on the IronRidge register on Friday 19 November 2021.

Not received anything and can't see on website, but we were told it was being recorded.

Yes, TB stated that it would be cleared around the end of the year. Couldn't guarantee exact date but there abouts

Investor presentation from this week with link in recent RNS is worth a read. It was pretty clear that the Board were very confident in Ramblers future during the session and that the company is currently priced low, so a good investor opportunity.