Rambler Metals & Mining Share Discussion Threads

[king suarez] 06/3/2013 10:03

Well, it won't affect the coming Q2 results as those are upto end Jan 2013, so I think we can discount that.

[ned] 06/3/2013 09:53

Cynics might suggest it was more likely Rambler wanted to get the 3000 wmt they had into the accounts.

[king suarez] 06/3/2013 09:49

I'll be honest, I'm not sure how to interpret this:

"With the continuing production from the Ming Mine the Company is pleased to accommodate Transamine's request for an early concentrate shipment, ahead of the typical 5,000 wmt minimal lot"

Does this mean there will be an additional 5,000 wmt shipment done soon and this 3,000 wmt is in addition to that, or does it mean as Snowy has suggested, that production has only been c3,000 wmt since the first shipment? but Transamine wanted it early rather than waiting for the full 5,000 wmt?

I've sold my holdings on the rise in case q2 results see a sell off, just cannot afford to lose more money in this awful market!

[snowydays] 06/3/2013 09:43

I suppose it is possible that Transamine might have done a special deal if there was a ship in the vicinity which only had 3,000 tonnes of spare cargo capacity left and needed to leave for Europe. The RNS though speaks of an early shipment rather than a reduced shipment.

Results "prior to" April 2nd, not on April 2nd.

No mention of whether or not the hydromet reprocessing is working.

I wonder who will be the first to post here that this is wonderful news and exactly what they expected?

[hiddendepths] 06/3/2013 09:40

TSX stocks do sometimes have a flurry of activity on news, so you never know.

[dukedosh] 06/3/2013 09:36

I wouldn't hold my breathe for TSX.

RAB:CA
Volume last session: 19,565
Avg Vol (3 months): 43,500

Beer money by comparison!

[hiddendepths] 06/3/2013 09:20

Just trimmed 50k as the share price reaction looked excessive for that news. There is a buyer of some substance in the market but there are also plenty of offers.

I might knock out some more this afternoon if the Canadians push the price up further. Like DingliWang, I'll look to buy back when the teething problems are overcome.

[dingliwang] 06/3/2013 08:56

I was a disappointed with the news and sold the last of my shares.

Will keep an eye on these - looking to buy when profitability is established.

[snowydays] 06/3/2013 08:45

That is awful!

Production seems to be just half of forecasts! Unless the ship only took half of what was available. Just 3.000wmt of concentrate worth maybe $6m over 3 months. On that basis we are not breaking even.

[killing_time] 06/3/2013 08:25

And back up we go.

Need to go through the figures but it looks like we are doing about a 1,000 tonnes of wet concentrate a month.

[broncowarrior] 06/3/2013 07:09

Rns out, second shipment made.

[ned] 05/3/2013 17:30

George Ogilvie was at Goodyear's Cove today checking out the concentrate storage and had problems getting around because of blisters on his feet.

Returning to the office he remarked with his Scottish brogue that he needed to get bigger boots.

Some of the staff rushed out and made the share purchases you saw at the end of the day.

[snowydays] 05/3/2013 17:07

I'm surprised TIMNA are not taking advantage of the weak shareprice to get up to their target holding.

[snowydays] 05/3/2013 16:22

and suddely the price recovers today??????

[lwaxf13] 05/3/2013 15:37

Chart looking bad :-( I think I will be out of this stock soon too. Too much talk for me and nothing has come of it to deliver the positive share re-rating.

[rich73] 05/3/2013 14:21

I have been invested here for around 3 years, from the way up in the heady days of late 2009. Reluctantly I have taken half off the table for around my average. I still want to believe the story, but I've been waiting far too long for the infamous re-rating and once again the share action and company noises are showing a very familiar pattern for the long termers. I don't fancy being under water for another year here, as there are other oppertunities. Just wish I had traded my holding along the way. Maybe I will re-invest if we reach the range 24-26p (again) for a lower average, but I would pefer to see good news over the coming quarters and a re-rating of my remaining holding to a more respectable level.

[ned] 05/3/2013 13:48

snowydays

Just trying to be positive. If the results are not so good and seem to match "Positive territory" or "positive future outcome" which I agree are uninspiring then we can try and judge future comments to shareholders by them I suppose.
The quantity shipped and the fact that we'll have another third of the same stacking up by results is the most important thing to consider I think. I expect they dread speaking to Investors just before results in case they say the wrong thing and probably aim to just be neutral to "positive", with or without "territory".

[snowydays] 05/3/2013 13:01

Well, these were only off the cuff remarks. I doubt that Rambler's management would have been too worried about Mr ManicMiner pushing the price up and outbidding Henderson.

If they don't want people to invest then why are they exhibiting?

[ned] 05/3/2013 12:39

It could be that Rambler feel that "Positive territory" would allow Henderson to acquire more shares on the bid as they appear to be doing, with shares going to safe and friendly hands, whilst "market expectations" may well be achieved with the results in any case and if itterated now might cut off the supply. I expect Henderson are quite popular with Rambler at present.

Positive thought for the day.

[dukedosh] 05/3/2013 10:32

It's all clutching at straws. Will it, wont it? Red or black?

My No. 1 priority is to protect my capital. I won't gamble it so I'm out.

Good luck all, I hope you get great numbers and the share price re-rating George O promised.

[broncowarrior] 05/3/2013 10:24

They aren't allowed to say too much though are they. It sounds ok to me. Won't be mind blowing but should prevent a tanking, especially if that ship is going to come into the 2Q figures.