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RMM Rambler Metals & Mining Plc

5.375
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Rambler Metals & Mining Plc LSE:RMM London Ordinary Share GB00BLFJ1613 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 5.375 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Rambler Metals & Mining Share Discussion Threads

Showing 12901 to 12921 of 12925 messages
Chat Pages: 517  516  515  514  513  512  511  510  509  508  507  506  Older
DateSubjectAuthorDiscuss
27/12/2023
11:28
Does anyone know the status of shares still held? My shares are still showing in accounts, will there be notification when they become cancelled? When can they be written off against tax?
goldry
12/10/2023
22:14
Rambler BOD ...shame on you .destroyed lives of so many innocent investors who trusted on your false hope and statements about companys operating and financial conditions.
Rambler reserve and grade is so good as its worthless mgt and BOD .

didar007
19/9/2023
09:03
It is an absolute bloody disgrace! There is no justice!
vatnabrekk
19/9/2023
08:42
nope

page 24

jasperthemonkeygod
19/9/2023
08:31
So... do we get anything back??
radfordp
19/9/2023
08:23
excellence. The finance killed this as was the intention by person or person(s) known or unknown. Indeed if you look back at the RNS's, there were so many occasions they seemed designed to hit the share price
pensionplanner
05/9/2023
14:40
I suggest you listen to the recent podcast, Auteco have the team, have invested a large personal sum in the recent financing, and have a new plan.

They have delivered before , at Bellevue Gold.

The most important criteria is quality management.

highley1
05/9/2023
11:20
We all know that the copper deposit is spectacular, but the small minds of the board several years ago meant that the mine was never properly financed, never had the scale of production required, and transport costs and corporate costs were too severe.

If RMM had 3 mines to divide corporate costs into then maybe they would have survived.

Toby alluded to the possibilities of scale here, and long LOM too, but can't get there if the operation is losing cash continually.

New thinking is required, new cash, and a new team, but most of the same problems will still exist.

Management decisions killed this.

excellance
04/9/2023
23:59
Probably the best thing to do is to buy some Auteco shares and share in the gains if they grow the deposit.

Look at their management track record, plus they're putting in A$5 million into the financing, and focusing on growing the deposit before restaing production.


That all looks good to me.

highley1
04/9/2023
14:00
Disgusting!
vatnabrekk
04/9/2023
13:22
Lets hope it's a flop for them as well.
bsg
01/9/2023
23:27
It's a pretty ignominious end being picked up for a song by such a ropey outfit.

It's obvious from their webinar they can't believe their luck.

jasperthemonkeygod
01/9/2023
22:06
A$?
Spelling mistakes too?
Is that even real?

excellance
01/9/2023
14:00
have anyone got home addresses yet for legal claims against directors

as you say if they can raise the money why couldn’t we, no more better evidence than this of foul play.

rental
01/9/2023
09:06
It is always thus!
vatnabrekk
01/9/2023
08:19
Reading about reverse vesting orders in Canada, any secured debt gets paid off, the buyer gets all mineral rights, historic tax advantages.

It's a great deal for the buyer, not the existing shareholders

jasperthemonkeygod
01/9/2023
07:44
seems odd how it’s been described above, but surely if they selling the shares in the company we do get paid, as we own the shares. but how much for each shares and how much percentage of debt to settle suppliers
rental
01/9/2023
07:10
Do shareholders in RMM get anything ?
amaretto1
31/8/2023
19:10
August 31, 2023
Rambler Metals and Mining Canada Limited (RMMCL) ("Rambler", and together with 1948565 Ontario
Inc. the "Company"), a copper and gold producer, explorer, and developer, wishes to share an update
regarding the execution of the Definitive Agreement (“DA”) with the Successful Bidder in the Sales and
Investment Solicitation Process (“SISP”).
The Company is pleased to announce that the Successful Bidder, AuTECO Minerals Limited (ASX:AUT)
(“AuTECO”;), and the Company in consultation with the Monitor and the DIP Lenders, have completed
negotiating and have executed a Subscription Agreement (“SA”) that sees AuTECO acquiring all of the
shares of the Company for total consideration of A$65 million, pending approval of the transaction by the
Court and other customary conditions for a transaction of this nature. The transaction comprises upfront
consideration of A$35 million in cash and A$15 million in shares, followed by an additional A$7.5 million
cash payment and A$7.5 million in shares within 18 months. AuTECO will fund the transaction through a
capital raise of no less that A$50 million.
The SA contemplates the transaction being completed as a Reverse Vesting Order (“RVO”) which will
involve the transfer of excluded assets and liabilities out of the Rambler Group, leaving the Rambler Group
with only those assets and liabilities sought by AuTECOto facilitate AuTECO’s (or its nominee’s) acquisition
of the shares.
In concert with this announcement, relevant filings will be made to the Court and be available on the
Monitor’s website at: www.GrantThornton.ca/Rambler
A further communication will be made to stakeholders following the next scheduled court hearing on
September 11, 2023.

jasperthemonkeygod
31/8/2023
14:35
Our directors could have done so much better.
vatnabrekk
31/8/2023
14:33
From Appendix 11 of the Auteco Minerals presentation on the acquisition: "Multiple third-party creditors of Rambler Canada may not receive the full payment owing to them from Rambler Canada pursuant to debt instruments and agreements that pre-existed the SISP (Sales and Investments Solicitation Process) process.
As a result of the SISP process, certain creditors may have to compromise and accept partial payment for the outstanding debt owed, foregoing full repayment. As a result, there is a risk that the Company will be unable to engage such third-party
creditors to provide financing in the future." So, what chance RMM shareholders?

rogsim
Chat Pages: 517  516  515  514  513  512  511  510  509  508  507  506  Older

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