|Rambler Metals & Mining
||EPS - Basic
||Market Cap (m)
Rambler Metals Share Discussion Threads
Showing 2776 to 2799 of 2800 messages
|Don't seem to be able to post on the other thread, weird.All sells yesterday but MMs kept price up. Perhaps there is a buyer looking for stock... I've been in since the mid 20s, but was able to top up at 2.25p and 4p, so this turnaround is great.Wonder how much more legs it has to go..|
|RMM certainly sprightly today.
There has been a Cantor Fitzgerald 12p tp for many months before the above announcement, so what with the latter and also the outlook on Copper and Gold, I guess a revised, higher tp would be in order.
|Looking very good here, RBC buying in.
I do not hold yet but will now follow, hold
paf and hgm though.
|Seeing some buying today|
|Looks like the Canadian government believe in Ramber too – a CD$2m contribution announced today. Should give the share price a little boost.
London, England & Baie Verte, Newfoundland and Labrador, Canada - Rambler Metals and Mining plc (TSXV: RAB, AIM: RMM) ('Rambler' or the 'Company'), a copper and gold producer operating in Newfoundland and Labrador, Canada, today reports that it is receiving a repayable contribution of CDN$2 million through the Atlantic Canada Opportunities Agency's ('ACOA') Business Development Program ('BDP'). The contribution is in support of the Phase II expansion project for the Ming Copper-Gold Mine ('Ming Mine').
The interest free contribution is unsecured and repayable over eight years with the first repayment scheduled for May 2018. The contribution by the Government of Canada will be used to increase capacity at the Nugget Pond copper concentrator (the 'mill') to at least 1,250 metric tonnes per day ('mtpd'). This increase in mill capacity will enable the copper concentrator to accommodate an increase in production from the mine with new projected mine life of over 20 years.
The Phase II expansion will allow the operation to increase production and lower unit costs thereby strengthening the Company's ability to be a long term producer in the region. Once fully executed, the project will support upwards of 200 full time positions including contract services.
Norman Williams, President and CEO, Rambler Metals & Mining commented:
"As the largest employer on the Baie Verte Peninsula we are very pleased to receive this level of support from ACOA. Rambler was first listed for trading in 2005 with the mandate to bring the historic mining operation back into production. Having achieved this initial goal, with the declaration of commercial production in 2012, the Company has since continued to operate while developing the Phase II expansion strategy to increase both production and the life of mine. This repayable contribution, combined with the equity investment completed earlier this year, will allow for full optimization and expansion of all available infrastructure in support of a mine life spanning over two decades."
The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for ACOA
"The Government of Canada continues to work in partnership with communities and businesses to help grow the economy and create jobs in regions across the country. Through this project, Rambler Metals and Mining Canada Limited has identified a significant opportunity to improve its operation, increase productivity and efficiency, and benefit the Baie Verte Peninsula's economy."
The Honourable Judy Foote, Minister of Public Services and Procurement and Member of Parliament for Bonavista - Burin - Trinity
"Our Government is committed to strengthening regional economies by supporting business enhancements and investing in companies such as Rambler Metals and Mining Canada Limited. Increasing production capacity at Rambler's processing facility at Nugget Pond will have a significant positive impact on the people who work and live on the Baie Verte Peninsula."|
|Up 10% at the TSX, yesterday.
Eventually folks will catch onto the RMM bargain price.
A bit the same with SRB.
|new buyer to this company....
sp is slowly slowly moving up
directors ploughing money in
profits on the way with increased production
chart is awesome
love the look of it
|The MM's don't exactly encourage buying & selling in this share. Bid /offer 5.50/6p
so no buying and no selling well hardly any.
I,m holding for the medium/long term.|
|Can't believe this is so off the radar...this little baby is going to make me a mint as I'm i at sub 4...|
|Henderson announced in an rns today that its holding has gone from above 9% to 11%. Explains the rise, but do they know something we should know? My holding has shrunk to peanuts, but I shall hang on in case a miracle happens.|
|yep someone is buying or adding. If RMM can get high up on the leaders board it will create a lot more interest. Interesting times.|
|Wow, some huge buys today.|
|Hi guys have been doing some research into RMM and it looks like a good investment. There presentation looks very interesting with each planned phase increasing production. Also there seems to be quite a few projects in the pipe line.Does anyone feel buying now is a good price? I see that one of directors recently bought at 3.75p which is usually a good sign.Anyone any proce targets?Seems very lightly traded at the moment so either its off the radar or not a particularly exciting investment. I'm thinking maybe off the radar....|
|This seems to have been overlooked as a gold and copper miner,with big backers,just topped up at 3.77p!|
|I think I last owned these years ago around 40p! Just bought some at 3.5p and will monitor. Good jurisdiction and seemingly decent asset so funding has been the issue to develop the company at a time of low prices which now seems sorted (at the cost of dilution for current s'holders I accept)...fingers crossed|
|Having researched CEII in depth and Plinian (Brad Mills, Mark Sander) I have doubled my investment in RMM.
Look at Mandalay Resources and see why I am so bullish...
Also suggests to me that the Chinese see copper and gold from a very bullish perspective...|
|Thanks rogsimA good summary. Clearly the company was about to have major cash flow problems. I thought we had a lot more cash than that.Clearly the new fund is not impressed with our current directors as most are being replaced. Looks like we will have to hope the new fund appointed directors can turn the company around.|
|And the current buy price is 4.5p, so how is paying 4p a premium to current sp! Unbelievable!|
|Massive dilution. Given away new stock at rock bottom price. Placing should have been at much higher price. For the board to have agreed to this we must have been in poor shape.We should have simply tried to borrow 10m cash for expansion.As a lth, can't see me ever getting my money back now.|
|Nice and easy does it chaps,patience|
|Great news !!! game on|
|I hope so I'm a LTH and 86% down, I had written this off as a punt but it's a weird world in shares.|
|Decent buying coming in -
A -90%er stock -
So we could see a bounce on the cards|
If there is a commodity re-write then some stocks could go up 10 fold
Interesting times -|