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I predict shareholders will get nothing. Just my hunch and grateful for the comments of those who clearly have much more knowledge of these situations.
A cheap takeover would be a favourable outcome at this stage IMO. Not sure it’s going to happen though. Unless it’s very cheap.
Dear oh dear, these guys have been concealing all sorts of bad news. If this can’t get you struck off as a director, then what can?
Plenty of wild speculation here… will believe it when I see it
I know people like to be positive about shares they own, but some holders of Rambler have been completely delusional about the company’s prospects for the last couple of years. Bizarre the level of bullsh*t that gets spouted here
Bought some more on today’s weakness. Let’s hope it’s just a little tree shake and not a sign of bad news to come.
CEO seems confident that FS is going to be good and I don’t get the feeling he’s all bluster like his Chairman.
Worth the punt IMO
Profitable on an EBITDA basis. So not profitable then despite improved copper prices.
Board are going to have to pull a golden rabbit out of the hat to salvage anything here for shareholders - who are rarely top priority in such situations anyway.
Fingers crossed but I have written this one off…
Plenty of mining plays and other stocks enjoying an upsurge. Would be nice if these a**holes would end this suspension…
AIM, I hope you’re right that the government deal will be done in Q1 but we’ve heard nothing from the company to suggest this.
Also no information from the company on the timescale for the updated DFS - this will surely be necessary for funding negotiations to even commence due to the inflationary changes that have occurred in the last year. The DFS will take a good few months to update.
We are regrettably in the dark on all these things and anything else is merely speculation. Yes, BKT are forging ahead, and it’s a good thing for the neighbouring prospectors, but that doesn’t make it a certainty ACP will advance seamlessly and rapidly.
WASA, if you do have a line to MB, can you please tell him to do at least some form of publicity. Their comms really are terrible and IMO it has a negative impact on the SP, which will in turn hit the company when it tries to raise funds.
I continue to hold
Thanks Wasa and AIM for the info.
I suspect we’re probably 6 months from any meaningful news.
It’s understandable that investors are frustrated here for two reasons - firstly because 2 years ago financing news was promised in the ‘near future’ and secondly because the BOD refuse to communicate with shareholders. The result is many are 50% down here.
That said, being where we are now, the BOD keep costs very low with no near-term threat of dilution to keep the lights on, and BKT are pressing ahead and showing the way to potential ACP financiers.
So it’s a waiting game. Hopefully holders will be rewarded at the end of the wait.