Rambler Metals & Mining Share Discussion Threads

[daz] 22/12/2017 12:05

The latest presentation is worth a look, page 11 shows the sensitivity of cash flows to copper prices. With copper at $3.18, Rambler will be generating nearly $10m in free cash, against a market cap of £48m and even more if copper breaks out from current levels, which is more than possible

[rougepierre] 28/11/2017 08:52

Hi shakey...

just bought back in. Temporary setback in Q3 gave me a fantastic re-entry price...

Onwards and upwards..one for the back of the drawer...

[happyholder123] 09/9/2017 10:16

HNR -
TWO wells successfully drilled with abundant oil and gas in samples extracted!
Fracking and FIRST OIL next month!
Don't miss this train!

[shakeypremis] 14/8/2017 07:57

Yep, nobody here lol

[shakeypremis] 08/8/2017 10:47

Very under the radar share this. Long term chart is looking very exciting, especially if the copper price is supportive of a breakout from this long term downtrend:

hxxps://ibb.co/ke9oZv

[shakeypremis] 02/3/2017 15:19

Pre-feasability report for Hammerdown mine:

[rogsim] 22/2/2017 08:13

Upgrade from Cantor Fitzgerald.

[owenga] 21/2/2017 15:46

Sp picking up nicely. Where did you get the eps consensus from please F?

[fillipe] 17/2/2017 08:44

I see the consensus forecast for the year to 31-7-2017 is eps of 2.34p.
No wonder there's renewed buy interest in this old friend.

f

[owenga] 17/2/2017 08:40

Well this share has finally woken up again. MV is only about 60m, and it must be sitting on 20m cash from its new investor.Fundamentally undervalued!

[daz] 16/2/2017 23:37

The buyer of the 3m shares certainly has an opinion.

I think they look decent value, the fully diluted market cap of £62m and 2017 guidance is for 5100 - 5800 tons of copper and with the latest presentation saying they are targeting $1.50 cash costs in the medium term, that would give around £10m gross profit with copper at 2.70 per lb
This years cash costs will be very much higher though because of the lower grade ore being mined but it's the medium term picture that's key.

[dozey3] 16/2/2017 10:23

Well this has certainly slipped under the radar judging by posts here, so must surely be the time to buy. Copper price booming, and tho RMM has responded it is deep in value now... or is it deep in something else? Tempted to add to my little holding well under water. Any opinions out there?

[owenga] 08/12/2016 19:07

All sells again today.. share price not going lower. Someone is happy to hoover them up at this price.

[owenga] 07/12/2016 08:56

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..

[fillipe] 10/11/2016 13:54

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.

atb

f

[srpactive] 10/11/2016 11:29

Looking very good here, RBC buying in.

I do not hold yet but will now follow, hold
paf and hgm though.

dyor

regards

active

[daz] 10/11/2016 11:09

Seeing some buying today

[teverish] 07/11/2016 07:31

Looks like the Canadian government believe in Ramber too – a CD$2m contribution announced today. Should give the share price a little boost.

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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."

[fillipe] 03/11/2016 09:43

Up 10% at the TSX, yesterday.

Eventually folks will catch onto the RMM bargain price.

A bit the same with SRB.

f

[futuredlighter] 20/10/2016 10:45

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
gla

[canaries2] 30/9/2016 15:11

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.

[rougepierre] 27/9/2016 11:03

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...

[dozey3] 17/8/2016 15:49

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.

[canaries2] 16/8/2016 14:04

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.