Member Info for toptuf

At 60p (0.6 to be accurate) in early May and with the prospect of reaching full production and clearing the hedge well before year end, £1.25 wasn't so ridiculous. With what happened and further dilution people's targets/predictions changed, although the long term consensus is still that we will go past that figure (at which TB's last incentive kicks in) sometime in 2022.

VF: Previously you had us at 0.5/0.6 by year end; are you sticking to that? If so I'll have a sneaky bet that you are wrong by a factor of 3...

I agree Dubbs/Malvern. My concern is that the profits of which you speak are reflected in the share price. If that happens then we're looking at £1.50-2.00 in 2023 but something is going on at present that has me smelling a rat. I hope very much that I am wrong.

The above mentioned was posting regularly about his short position until this week. Seems a shame not to have an update as I have been on the edge of my seat in anticipation.... Oh, and Monkey has gone quiet too; have they gone away together to an internet free location?

We could talk about the ridiculous uncrossed trade. Was just waiting for the usual crew to leap on it and tell me to hold on to my hat or how they wouldn't want to be out over the weekend blah blah blah, to quote Greta.

Like many others I am not particularly happy about yesterday's dilution, not so much because of the business case for swapping debt for equity but because it smacks of one lot of very comfortably off people doing a favour for another similar group; "for the few not the many" to paraphrase. However, given the continuing uncertainty about Omicron and the aforementioned dilution, we are down just 1.75p on the week from 34.25 to 32.5p. That seems to indicate a firmness at this level and the potential to move back up with news about hedge clearance, drill results and stopes opening up, all of which ought really to come before year end (4 trading weeks minus holiday closures).

He gets it right and wrong all the time because he predicts everything; up, down, sideways...

I haven't seen any recording of the investor presentation but then comms and PR are notoriously dreadful with Rambler. As to another hedge, most suspect that to be the case but as today has shown, trying to guess what is coming next is a bit of a mug's game. Two steps forward and then one and a half back.

We may well struggle to hit 40 before Christmas but if you are holding for 12-18 months then no problem. There should be further positive news before year end although I would like to see the company shout it from the rooftops rather than just issue an RNS.

VF: What I am trying to understand is what it is that YOU have seen that makes you so confident that we will be 0.5-0.6 before Christmas. I have seen so many unfilled predictions on here that I'm afraid it all looks like pinning the tail on the donkey to me.

I have no doubt that ratification will increase the sp significantly, I just don't see any sign at all that this will come before Christmas. There is no subtle buying with an sp creeping up. If anything there is a slow grind down.

What is this prediction based on, or is it actually a guess? Previous deadlines have come and gone without so much as a sorry chaps we've failed again. Clearly good news would be welcome as I have a couple of million of these with no intention to buy or sell any (just in case someone comes out with a 'deramper' accusation).

There is little indication that we will be back to lockdowns etc so I wouldn't expect a further Covid related dip. That's not to say that we won't grind down until we hear that the hedge has cleared. We have been down in the low 20s before, but that was nothing to do with Covid and everything to do with finance, or lack of it. Some might interpret your post as meaning "sell now so that I can buy the dip".

Moon makes so many predictions, often contradicting each other, that he has covered every possible scenario and he can therefore claim to be "right" whatever happens. He'd back every horse in a race and then want credit for picking the winner.

Know0: Agree entirely. Monthly updates until we are at 1350tpd consistently and then they can think about quarterly.

If we know how much of the hedge was left to clear on 31st October and the company tell us when it is finally done, surely we can calculate the daily production from those figures/dates?

From BBC website:

Dr Angelique Coetzee, the South African doctor who first spotted the new Covid variant Omicron, says the patients seen so far have had "extremely mild symptoms" - but more time is needed before we know the seriousness of the disease for vulnerable people.

Watch her tell the BBC's Andrew Marr how patients in South Africa have told her they've been feeling.

Strummer: Spot on. Monkey posted on 16th November and was full of enthusiasm for this share which peaked early in that week (before the investor presentation). One assumes he then sold and is suddenly as negative as he was positive two short weeks ago looking to buy back in. He is entitled to trade the share but to use this board to achieve his ends is fairly pathetic. Once he is in again he'll be all sweetness and light. I can't be bothered to cut and paste but the 16/11 post is there for anyone interested.

As for the new variant, it was clear from yesterday's coverage that the scientists were refusing to play the media's game of trying to spread panic and fear. Chris Whitty said that Delta was worse and the regular BBC pundits were upbeat about the situation. The politicians who acted too slowly last year are not unreasonably anxious not to repeat their mistakes but Friday's sell off was probably the worst of the Covid induced reaction. That doesn't mean that Rambler can't/won't go down but Friday did seem overdone across the board.

No. Why do you?

The idea that the drop in price today is anything other than part of the overall market reaction to the Covid 'scare' seems fairly ludicrous to me. Covid was always the elephant in the room and neither Rambler nor any of the other companies that have sunk today can do anything about it. Talk of MMs filling gaps is ignoring what is right in front of you. Of course there may have been a slight drop today anyway, but we had moved 0.05p in four days and then dropped 3.5p in a morning. I don't think you need to be sherlock Holmes to work out the cause.