Member Info for YugoBoss

RMMC Website update.

August 18, 2023

Rambler Metals and Mining Canada Limited (RMMCL) ("Rambler" or the "Company"), a copper and gold producer, explorer, and developer, is pleased to share an update on the completion of Phase 3 of the Sales and Investment Solicitation Process (“SISP”).

The Company is pleased to announce that, in consultation with the Company and the DIP Lenders, the Monitor has selected a Successful Bidder pursuant to the SISP. The Company and the DIP Lenders are supportive of the Successful Bidder’s Phase 3 binding offer, and the Company and Monitor are working diligently with the Successful Bidder to finalize Definitive Agreements prior to the upcoming sale approval application on September 11, 2023.

A further communication will be made to stakeholders ahead of the next scheduled court hearing on September 11, 2023.

Well, soon the wait will be over.

Today at 5pm Newfoundland time all successful bids will be in.

I would guess an update on Wednesday/ Thursday this week.

So there could be numerous interested parties through to Stage 2, as per the "significant interest" statement.

I also think this is why additional time is now required due to the significant interest and numerous bids received with probably different financing options.

We will all find out soon.

Ftseinvestor,

Can you point me to the official statement made by RMMC or the company dealing with the sale that confirms without any doubt there is only "3" Serious bidders as I am struggling to find this.

I remember seeing a statement on the first stage of approx 300, but have not seen anything official confirming only 3 on the next stages unless I have missed this.

The only official statement I can see is that there is "Significant Interest" , so how that gets dwindled down to 3 may be far from the actual number bidding??

Await your response,

I think you will actually find that Leah has been right with what she has actually challenged.

In months to come she will have the pleasure in saying "I told you so" and she has only tried to help many with her vast knowledge.

70+ members have paid £250.00 into a total strangers bank account, who prior to joining RIG, never knew them from Adam, let's see if trust comes to light with that scenario.

Alot of people had alot invested here, you can not shoot someone down if they challenge others when now it is becoming apparent that they probably should of listened.

Only my opinion, view on the matter.

Absolutely agree, no doubt what so ever, vote against both options, use your right to vote.

Strummer,
Did you vote recently????

The BOD had no issues burning through millions of dollars, and now they are concerned about a few thousand, really??

If you belive that then you really have not learnt anything about this BOD over the last 6 months.

Not to be trusted, there is for their own objective, VOTE NO against both options.

Re-posted again due to the importance.
Hi all,
Please ensure you have contacted your broker to ensure you are being given the opportunity to vote, as many brokers will NOT contact you unless your account has been flagged to receive voting notifications.
Your vote can be easily accepted over the phone with your broker.
The 2 Options are noted below, but you also have the option to vote against all, which I have voted NO to both options.
Don't sit back and wait, contact your broker now, takes a couple of minutes.

Rambler Metals and Mining Plc has announced a General Meeting (GM) to be held on 3 May 2023. As a shareholder in the company, you now have the opportunity to vote on the proposed resolutions.

The resolutions to vote on can be found below:
1. That the company be wound up voluntarily
2. For the appointment of Paul Cooper and Adam Shama of Begbies Traynor (London) LLP as Joint Liquidators of the Company, and any act required or authorised under any enactment to be done by the joint liquidators may be done by all or any one or more of the persons holding the office of liquidators from time to time.

All,
Please ensure you have contacted your broker to ensure you are being given the opportunity to vote, as many brokers will NOT contact you unless your account has been flagged to receive voting notifications.
Your vote can be easily accepted over the phone with your broker.
The 2 Options are noted below, but you also have the option to vote against all, which I have voted NO to both options.
Don't sit back and wait, contact your broker now, takes a couple of minutes.

Rambler Metals and Mining Plc has announced a General Meeting (GM) to be held on 3 May 2023. As a shareholder in the company, you now have the opportunity to vote on the proposed resolutions.

The resolutions to vote on can be found below:
1. That the company be wound up voluntarily
2. For the appointment of Paul Cooper and Adam Shama of Begbies Traynor (London) LLP as Joint Liquidators of the Company, and any act required or authorised under any enactment to be done by the joint liquidators may be done by all or any one or more of the persons holding the office of liquidators from time to time.

Ermmmmmmm.........
That's a bullsh#t statement!
Price of copper was meant to be less than $3/lb in 2023, so you told us all.
The list can go on and on, all false, scaremongering for a cheap re-entry price.

Best comment today goes to R2-D2
"You are such a tool'

Worked you out in just a few messages, LMAO.

Bring back the Moron notification symbol.

Totally depends on whether you are invested here or not, or just want a cheap re-entry price.
Doesn't take long to work out those that are invsted here, and those where it is all doom and gloom and going to be worthless non invested types, who want a cheap re-entry.
Why would anyone waste so much of their time if they had no interest in the share unless there was an underlying reason.
And there is users on here using more than 1 account, they usually near enough post straight after each other, we can't work that one out can we.

Word blindness, the inability, due to a cerebral disorder, to comprehend or understand writing.

Who comes to mind?

Ftse, don't acknowledge them, total waste of time, scroll past, not even worth reading.

Not Invested but wants to help out total strangers, yes right owe, desperate for a cheap entry.

Don't forget, SELL,SELL,SELL as soon as we are back up and running, yes we all going to do that for you, really.

RMM mined around the same quantity of copper in the last quarter with 20% less staff, its called being more efficient, FACT.

100 Hours of downtime and they still produced the same quantity, FACT.

No one knows what the actual costs are for the last quarter, only wild, wild assumptions, FACT.

Last 4 RNS's have all been positive, RMM chose to suspend their trading, it was their choice to stop the market manipulation.

Wow, and here they are again, and they are at peace with their loss, really, your posts are so convincing.
Please tell everyone on here again what the price of copper is going to be in 2023, come on give us all another good laugh.
Once again they are not invested but out the goodness of their hearts they want to help everyone, yes all these total strangers with their vast knowledge of RMM.
You would of thought with them being so clever that they would of done some research prior to their investment, bit late now going through RMM history and advising everyone of how bad they have been in their opinion.
We shall all see soon enough, I personally think in my opinion good news in March will be the update all genuine LTH's are waiting for.
Copper price continuing to rise, RMM cutting monthly costs, all going in the right direction.

Wow, and thats the best we get, absolute joker.

Can't do the maths as the abacus beads are stuck probably, and you call others stupid, LMFAO.

Nothing but desperate wanting a cheap re- entry price, scaremongering at its best.

Moose will post next, watch the pattern as using a different account, so predictable it's embarrassing.

Regardless of RMM being suspended, everyone is entitled to post their thoughts, assumptions, it's your own opinion and point of view, simple.

Come on Doom & Gloom Gang, where are your responses and calculations??????

Not a single valid or genuine response from the Doom Brigade apart from "They aren't" is about as good as it gets.

Thanks to your response DanielC43R.

If you are so positive without any doubt that RMM lost money from Oct-Dec 22, then show your calculations, let's see your figures, don't hide behind your keyboard.

I have adjusted my previous calculation but the end result remains th same.

Saleable Copper produced - 1588 Tons

1588T x $8,330/t (hedged price) = $13,228,400

Gold sale - 401 ozs × $1,750 = $701,750

Total Copper & Gold Sales - $13,930,150

Let's say 14 million for arguments sake.

If RMM are supposedly not making any money, then show me calculations how they are spending the $13,930,150?

If they are employing 186 staff (miners / engineers / operators) lets for arguments sake pay them all $300 / day for 3 months solid.

My very quick *** packet calculations:-

186 x 90 x $300 = $5,022,000 ( This equates to all the staff being on over $108,000 / year )

Plant Lease Hire (3 Months) - $750,000

Fuel / Parts / Electricity (3 Months) - $2,250,000

Drilling / Blasting / Haulage (3Months) - $1,500,000

Management / Consumables (3 Months) - $750,000

Miscellaneous - $500,000

Under $11,000,00 million and I think in my opinion I am being very generous, prove different to me.

Saleable Copper produced - 1588 Tons

1588 x 2240 = 3, 557,120 / lb's

Let's say $4/lb = $14, 228, 480

If RMM are supposedly not making any money, then show me calculations how they are spending the $14,228,480?

If they are employing 186 staff (miners / engineers / operators) lets for arguments sake pay them all $300 / day for 3 months solid.

My very quick *** packet calculations:-

186 x 90 x $300 = $5,022,000 ( This equates to all the staff being on over $108,000 / year )

Plant Lease Hire (3 Months) - $750,000

Fuel / Parts / Electricity (3 Months) - $2,250,000

Drilling / Blasting / Haulage (3Months) - $1,500,000

Management / Consumables (3 Months) - $750,000

Miscellaneous - $500,000

Under $11,000,00 million and I think in my opinion I am being very generous, prove different to me.

Good old positive RNS fetches them out the woodwork, what sour loosers.

I heard it from good sources- LMFAO

One particular poster even recommending one of their own posts using another account, it couldn't get anymore desperate.

You don't get it.

You don't get instantly paid once the copper is processed per Ton, each day, it doesn't work like that.

They have now mined for 3 months and produced 1,588 tons of copper with a sale value of over 14 million.

Once this copper is sold, they will have money left over providing working capital.

They have got over the difficult phase, at the current copper price and efficiencies being made, they are making money, simple.