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"try harder next time boy".....
Hillarious,: coming from the man who led the ramptastic valuations imminently incoming for a couple of years now. None of which (quite the reverse) anywhere near....
This one has been a lifestyle share for DP for far longer than any upcoming recession mate....
Been invested here now quite long enough to see his butterfly approach to the various prospects. You can't be caught out if lighting your feet is his mantra clearly.
Oh and btw, how's your 3p coming next prediction on the back of the now seeming forgotten Cu "prospects".....
No lectures from you needed my friend!
These "broker valuations" always make one smile.
Reminds me of quite a well known newspaper cartoon that did the rounds during the last few recessions.... Viz....
A rather irate man, standing in front of his house next to a For Sale sign that's covered in cobwebs....
Caption read:
"Perhaps the professional who valued my house, would like to come and buy it !".....
Gallows humour seems all that's left the way this share has been managed for the last 4 years tbh.
Hi Bertie.
As said before. Not interested, or have the time for another forum tbh. However as also mentioned. Still hold between myself and my wife across 3 accounts, all told 925,000. Which I make about .57% of the current undiluted base(?).
If there is any value to counting them in your numbers as someone who clearly favours a "sensible" way forward for existing holders. Feel free to add them in.
Cheers.
"Well I'm living in this movie, but it doesn't move me!
I'm the man that's waiting for the phone to ring.....A ring a ring a f***ing ding......
You know me I'm acting dumb dumb, you know the scene its very humdrum!
Boredom.......Boredom...... Bdum, Bdum....!"
(The late, great, & sadly missed Pete Shelley / Howard Devoto).
Sorry typo in my post. AVG on HZM, new money 99.97p.... which it was 9.97p !
I average (after a few recent buys). 4.03p here, and still also hold a pretty fair number of HZM from some time back. Apposite to Wasa' comment at (new money), AVG there over 3 years of 9.97p. after it hit £2 equiv many months back, and I held on. Never thought that one would see me back at base camp..... Hey ho...
However. Tbh I am fairly confident that by 2025 both there and here. I will be more than in profit. All being equal.
As an investor. I am happy with that timescale. But coming to realise traders not investors rule very much on AIM...
What I would say though. Is that even having been on the main markets since the mid 1980s. But only dipping my toe in to this cowboy country in 2019....That AIM has taught me such lessons in the last 4 years.
Prime of which has to be that; it's not a rational place a lot of the time. Sentiment and herd mentality can cause a stock to go ape (GGP...), And reverse ape the year after.... just as fast.
I respect Wasa a lot. He talks good fundamentals sense IMO.
But .... I think he's also been a bit taken back by the price on a few shares moving about big time on AIM that doesn't always follow the resourse potential and logic.....
AIM is a traders platform for the 10%ers big time, In think he will also see now? You can win big if you stick it out on good shares. But it's not as easy as the underlying logic would dictate........no sir.... Just what I have found...
Regards.
@know.
Fair points, as said, am now in two minds on his removal at this time.
Tbh. I am interested in the share distribution needed to vote up or down, and/or remove an incumbent also.
The way I read it. Between just us two for example, we own about 1.4% of the current shares in issue (pre dilution). So to get to (say) 25% of current, would only take another very few tens of PI's potentially.
Am aware of large holdings from some insiders to the current regime of course. But even so. Suspect there is a strong PI base that may have a say here still.
Anyhow. If TB was for falling on his sword after that horror RNS. He would for sure have done so by now. So I assume he's looking to stick it out.....
In who's interest, is the $64,000 question of course.
More anon then, one presumes.
Regards.
@Stan
I have been of the view, that as a Chief Mining Engineer TB has done a very decent job in the 2+ years I have progressively added here.
But as a CEO (where responsibilities to his current share holders for financial control is clearly a major part of the role.....), he has been shown very much out of his depth despite Loons nonsense....
As a result my view, after that terrible RNS, was that he had to go.
However.....Thinking more on it in recent days. I half wondered if the disruption levels of a new CEO and BOD ( we already have a new CFO) may be a bit too counter productive right now?
The above more charitable view on him has of course the verybig caveat....... which is of coursr that he is now desperately trying to organise a deal to avoid destroying all our old positions. Or at least making the best of a bad job.
If however, he's simply clinging on, so as to rinse repeat a big dilution and in effect start again......
Then he should go now, and accept that he's not capable in the higher role.
Just my view.
Cheers.
Cheers
This view
Crikey.... @know0.
Read this BB a couple of times a week to just see how the wind blows in the difficult times.
Lots of words mate.....?
But nowt much matters other than what's on the other side now.
Still waiting like a lot of us.....
Regards.
Not all sales. Usual thing on AIM, with offer being set below mid point. Therefore recording incorrectly as sells. Know this, as still quietly adding.
Cheers @Mad.
Fyi. I still hold 0.57% of the company. Until and unless further dilution occurs of course......
My honest thought is that dilution will come sadly. I can't see how they can not encompass it and meet their commitments still.
In terms of other forums. With a number of other mining (and unrelated) shares, and this is far from my day job, frankly I simply don't have the time for those specialist forums.
However. If guys that do are organised and asking the BOD good questions, and it came to adding up the shares as a block to approve or oppose something. Then I think if you read my posts here you can see where my support lies.
Have said it before, but it's now far more acute. TB and co need to prove that they can reclaim the ball they dropped big time. Assuming of course that they have been honest with the mistakes made I'll be the first To be happy if they can.
Enough from me for one weekend.
Regards.
@Mad.
Nope of course not. Company is doing it's own job of snapping it's future, for better (or worse!). In most of our eyes decently technically to date. Very badly in terms of its ability to monitor and control costs obviously.
If you have been around this share for any time then today's exchanges simply illustrate (to me at least). The games that have been played by the Loon in chief. Perhaps your right. He gets far too much attention. But these "best time ever claims" needed debunking from the POV of existing holders frankly. Least some still see him as some kind of guru....
May I ask you about TB though. If your discord platform is in touch. Then how (if it's possible), as a CEO (note, not a chief mining technician) has he at all justified allowing the company to reach this perilous state?
As a large holder still here, I had/have a lot of time for him as a mining engineer, and the work he has done over the two years I have been invested in that area.
But frankly financially I can't see how trust remains, and how he can remain in whatever regardless of the context this pans out in. He isn't a competent CEO....
His ability to run a company has got us to this point. That's what hacks a lot of people off tbh.
Anyhow. It's suspended. So he's now got to come up with a plan. Not just for new investors down the line. But to satisfy existing shareholders whom he has let down badly so far.
Cheers.
@Redkite.
And suspect that he's right. As I said below. If you hold no shares, but are prepared to wait to see the financial fallout. Then there will likely be a very nice investment opp for when demand for Cu really kicks back in.
Which frankly, is exactly how many of us saw it once the mine was begining turn around a couple of years back.....
Fact remains that Mr Moon's true colours are clear now. He spent ( during my time invested here at least). A year pumping it like mad. Now we assume selling out and rebuying on every spike and drop.....
Then a second year talking it right down. Despite the clear technical progress. During this phase, you have to assume he had made his profit, and now wanted the price as low as he could to try and get to buy back in....
Just so happens that Mr Bradbury was (presumably in ignorance of most all of us, and him!). Doing Moons work for him by totally f*cing up the finances alongside his strong technical work sadly....
Great for Moon if barely invested, and makes sense now of his volte face on the share over the last 2 years.
Like to be a fly on the wall now, given what Moon has said today on that "chat" with Know0. Since if he is also to be believed. He holds now still over 1M+ shares here.
Moon may not care about the fate now of his small remaining pool. But am pretty sure Know0 won't be too happy them being turned into confetti at the alter of the Moon ego and his duplicitous strategy....!!!
As ever. On AIM. Trust no one. Especially pumpers turned dumpers.....
Ho hum.
@aubery.
Exactly. Moons whole view is looking at someone with no current shares. After the dust clears. Yes invest in the new financial position cos it's a great producing resourse. That if run financially prudently can make a lot of money....but, for existing share holders like most of us.... Maybe Moon just has cash now having traded out his past shares(?).... For existing large, medium and small share holders..... How do we see the long term benefits of the financial miss management means we get wiped out.....
He, and his ilk ever addresses that one. And it's the biggy...
:-)
Me to Wasa! But sadly nope.... The SP here has been a stinker since the rumours of the deal detail and the couple of now dilutions in the last year as we all know.
Part of that IMO has been the deal and subsequent moving of the emphasis on us LTH PIs away to the bigger players. Part of course the macro, and part the slow phase working up to production where we have no profile anymore sadly.
I have resigned myself. As obviously it's not just here, and a number of my metal shares have stumbled similarly.
I diversified a bit out of here when the deal looked weak for existing holders, as I know you and many others did. But kept a good core going, as I always liked the resourse.
But tbf my diversifications (for a few similar, and a few unlike reasons) are also in the bargain basement mostly presently.
So... easy come easy go I guess ...
With most of my shares I now feel like closing my eyes and waking up in late 2024/ early 2025. Cos in most that's when they all seem to claim they will be back Rocking & Rolling....
Oh well back to sleep for us Zip Van Winkle types, with no shortage of stuff in the old bottom draw for most of us to choose our night socks from!
Zzzzz.
Cheers.
Know0.
For my part. No intention of taking the p*ss. I have 925,000 reasons that this is far more serious than that!
Thank you for confirming that far from being in his "confidence". You know (pun intended), no more than the rest of us. More BS then from our friend.
I simply tire after >2 years of his methods, of his trying to be all things to all men. Asked him some direct questions today, on his claim that it's the best time in RMM history, and that TB is the man to run the company due to his great job done as CEO ( note.... credit given for his mining skills, but .... That isnt actually his job role as I understood it!)..
Moon cannot answer direct questions. Deals in obfuscation, and/or offering up all options. So can always claim he's right.
I understand you hold, or held a large number of shares. Does huge dilution, or fire sale to pay bills appeal? No.... me neither frankly.
We all rate the asset, why many of us bought in. But is someone really, & in this distressed state, going to buy it for a quid!?, @ X20 the current suspended price. When if Newgen take it into admin and sell it they can get it real cheap surely..... I hope your right sir. Would love it. But can I see it in the current macro, and with companies pulling up the drawbridges generally .......tbh hard too?
You seem an intellegent type. Hitching yourself to that proven fruitcake is hard to fathom frankly?
Cheers.
Moon.
Your "clarification" is as opaque as ever old chum...
Yes many of us also saw this as a mid tier. That's why we invested. But given the current financial state. Just how can that happen..... Without the destruction of the share value for existing holders. Care to elaborate?
You say that another investor (know0) understands? What does that mean.... You forming a cartel to rescue the company. Again more obfuscation.
You say the mid tier will still happen. But you "can't say how"..... How do we read that.... Wishful thinking, and you don't know... Or again more nudge nudge.... I know stuff but won't say..... S*it or get off the pot!
Finally you don't care about the default. Well most of us flippin do! There is a real chance that without a plan here existing holders will come out with sweet FA relative to their investment levels.... If I recall, even you in your ramping, then de ramping days admitted to buying shares here at levels way above where we are now... If the company massively dilutes, or has to be sold to pay debts etc. Your shares, like ours will be impacted immeasurably do you not think?
I can't see much value in carrying this on tbh. But just to be clear. Your games here were annoying when things looked good. When things are very difficult. Any slight charm you possessed has run out mate.
"Tb done best job ever his man for job".... Says Moon....
Hard to know what to think of a statement like this with the currently visible situation the company is in...
Being supposedly dyslexic has (as far as I know). No impact of your intelligence and reasoning.
So either you know something everyone else is missing. In which case please communicate it to one of your "crew" better able to communicate it & get them to post it to educate us all....
Or.... continue to talk in riddles and incoherent gibberish, and further reinforce that you are a simple wind up merchant.
A lot of people stand to (and have) lose/lost a lot of money here. You need to be more cognisant of that fact mate. It's not a kids game being played here frankly, despite the way you approach it seemingly.
When someone kindly posted the video recently related to the Nomad, TB and corporate drinks party etc.
The guy there made comments along the lines of the respect and integrity that TB was held in. That was only a few days before suspension, but long after the terrible RNS and then big SP drop oddly....
As a mining engineer, given the huge problems to overcome on Rambler, and the progress he has made to date. That respect still seemed fair to me.
But as a CEO, and especially one ultimately responsible for the health of the company, and being ultimately reportable to its share holders.....??
With this latest RNS. Either there is something going on in the background about to be announced further.... Or Newgen will thank them for the asset to be sold off, or they take compete control, and existing holders will be diluted to death.
I can't quite see what else at the moment.
Either way I am afraid TB and his position will likely be no more.
Let's face it. A new overseer would probably like to keep his mining nouce, fair play....
But NO way in heck will a new majority holder allow him anywhere near the purse strings ever again....!!
Difficult days...
Personally, & if it wasn't for the fact that I have a lot of money tied up in this share. The snippets of info emerging would be very intriguing, and yeah, the detail about the Nomad and the recent meeting is agreed both a bit strange & adds to the lack of clarity.
But still, as a good number of us have put in a large financial commitment. In my case due to the resourse, and the technical turnaround plan.
The financial management ( or seems lack of it) bringing us to this point IMO simply needs that clarity & soon. As it's really been painful for all, and I would prefer it sorted, one way or the other now frankly.
I have almost mentally boxed off my shares here, expecting the worst given the end of month payment looming.
However.....Any news that either sells off the company recouping something for us. Or better still agrees a financial restructuring that ultimately allows the underlying strong assets to be exploited..... Is very much still to be hoped for of course. I can wait and give sensible options time. But there has to be a plan now, or the game is up surely.
Anyhow, I guess regardless of the speculation and info titbits here & elsewhere. We will now have to be find out something concrete very very soon.
Cheers.