Member Info for toptuf

What's your time frame for any takeover?

What are you expecting to happen John?

Mikey: Do you ski on the nursery slopes?

Surely you can only know how much 'churn' is left if you know who is selling which shares at which time. You may be right in what you estimate but if you are, I would like to know your method for working it out. Have a good weekend.

As a Chelsea fan, every day is a 'Blue Day'! I expect DJ has the tins that contain the small sausages so don't feel too sorry for him.

While we are 'off topic' I'll put my two bob's worth in. I have no problem with new houses springing up in my area as long as they are accompanied by upgrades to local services to take account of the increased local population. We have added five thousand to the population of my town in less than three years but there is no new doctors' surgery, a new school replacing an old without an increase in capacity and no improvements to local roads. An extra 500-600 cars trying to navigate through a small market town at 8 in the morning; gridlock. The Government of whichever hue can't simply hand out lucrative planning permission to their mates and then walk away. Still, perhaps all the extra cars will be electric with the need for lots of lovely copper..........are we back on topic yet? :-)

Ant. I think you need to look at the timeframes that have accompanied these predictions. In my own case I have always stated that year end is my target for a 1-1.25p price. Others who post regularly (and from a position of knowledge; DJ, Cornish, Contrariwise) have all spoken about the medium term, meaning into next year and beyond. The person who most recently spoke of 'strong resistance' specifically mentions mid to long term for a positive outcome. Sit tight; everything comes to he (or she) who waits. Have a good evening.

Forzeb: Can you define 'now' for me? If you mean by the end of March you are probably right but as DJ says, unless you intend to sell within that period what's the problem? As I wrote yesterday I am fully aware of the psychology of watching ones investments trend down on a daily basis and all of us would prefer to see them go up. However, if you believe in this company (and one assumes that you did when you bought the shares) nothing that has happened recently should have made you less optimistic; quite the opposite. A three times oversubscribed fund raise that means all the money is in place for the turnaround plan and although copper may be taking a breather, it is a long way above the forecasts included in the company's projections. So to come back to your point, no, Rambler won't be at 0.4 in the next short period but that means that if you have the money you can buy more shares (perhaps using 2021/22 ISA allowances) at a bargain price. Take it easy and come back to look at this page in a month's time. All the best.

As for not taking advantage of the copper bull run, one could reasonably argue that without it the Rambler SP would be considerably lower and they wouldn't have been able to fund raise at 0.3. Therefore they have already taken advantage of it.

That depends how you define "short term". Will these shares double in the next couple of months? Highly unlikely. Will they be significantly higher at year end? My feeling, based on what I have read and listened to, is that there will be a decent climb up in the second half of the year and they will be between 1-1.25p on 31st December. Having said that, the turnaround plan isn't an overnight job and anything in the 0.5s would constitute a very healthy return unless your average cost is higher than that obviously. If it is, get some more now and bring that down.

There is a difference between disagreeing with another person's viewpoint, which is perfectly reasonable, and suggesting that because you don't agree with or like what they say they are being dishonest. Some choose to be optimistic, others less so. And who would be paying Sophie? Verditek need all the money they've got simply to keep afloat. Let's respect each other's right to an opinion. If you don't agree, make an alternative case.

No offence taken Glen. Will sit tight and watch the progress with interest.

By "on here" I should clarify I mean this chat room not your presentation.

Thorough and informative. How long investors have to wait for a decent return will depend on a) progress in the turnaround plan b) how well that progress is communicated (a point you made very well) and c) how forward looking the market decides to be on this company. I am hopeful of a significant rise before 2025 but by the same token some of the forecasts on here seem a tad optimistic! AIM is unpredictable and you were wise to add your disclaimer, but working with the facts as you laid them out would certainly help any potential investor to make a decision about the company.

Antharry. I am also in the club of those who aren't the biggest fans of reading about "overhang" and "churn", at least not for weeks or months on end. A podcast featuring a well respected mining investor said that some shares get "left behind" whatever that means. Perhaps other copper mining outfits shout louder about what they are up to. He pointed out that market cap is way below where it should be and was very keen on the company's prospects but that isn't a great deal of consolation if the SP never moves out of a range. It may be that the management are happy to keep a low profile while they are turning things around and that when they have good news to impart they will embark on a round of PR. For me the most telling development of late was that the fund raise was three times oversubscribed; that tells you that a lot of people with a decent amount invested think the future looks good (or they wanted a quick profit). If the share price is still languishing around the current levels towards year end I would be concerned, but for me this was always a minimum 2-3 year hold unless something dramatic happens.

Happy to wait 2-3 years for a ten fold return with savings rates at 0.1% :-)

I agree with your general point about superficial ranting on about a share. However, it's interesting that the name Rambler has come across his purview even if he seems like a bit of a dick. Hopefully those watching his clip will go and do some research before taking a punt.

On a daily podcast on Weds an expert in mining investments was asked why the Rambler SP had not moved despite the favourable environment. The chap said "some companies get left behind". How and why? Of course the low SP gives us all a chance to fill our collective boots but why would investing professionals pass up what on the surface, or even a long way below it, seems to be a sure fire winner? He did mention the recent placing but indicated that the market cap was way below reasonable valuation.

Hi there. Given the incentive points for the CEO along with the favourable climate for copper and the fundamentals of the company, I'm looking at 1.25 by year end. Not sure if that's short term. Also looking for a top 4 finish for Chelsea but now that's really being optimistic!

Hi JIm. I'm relatively new on here and have read several of your posts. I would be interested to know where you (and others) see the share price on 31/12/2021. Not a prediction competition as such (not least as there is no prize other than the gains that will hopefully be made) and with the usual caveats about people doing their own research and making their own investment decisions I'll go first and start the bidding at 1.25p. Perhaps a tad pessimistic but my mates call me unlucky Alf so a 3.5 multiple from here is the most I'm prepared to hope for.