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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Rambler Metals & Mining Plc | RMM | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 5.375 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 5.375 | 5.375 |
| Top Posts |
|---|
Posted at 12/4/2024 16:28 by excellance Copper is still only $4.30 and costs are up 30% across the board. Ramblers biggest problem, after the debt, was transport costs to port. Trucking large distances is expensive, which is why an ore sorter and bulk is the key...and a boat load of cash from patient and trustworthy investors... |
Posted at 12/10/2023 23:14 by didar007 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 . |
Posted at 11/7/2023 21:36 by didar007 Any price prediction from fellow investors if we go to auction at 28th July? Any guess ?What the point of having $3.78 billions worth of copper in reserve if we can't sell it for 100+ millions? |
Posted at 02/7/2023 20:49 by space_dust It seems the RIG (action group) bid for the mine has failed, this just leaves their Class Action against the BOD which I understand has been supported by 50+ individuals stumping up £250 each.My view remains that the only value that may come to shareholders is if there is an auction for the mine from interested parties, it seems at this point there are at least 5 real and material offers. A number of companies, some listed on AIM, have made suggestions concerning acquiring projects of near term production, maybe just maybe bids will exceed $40m thus giving some value back to investors. Should a AIM company acquire the mine they may want funding, Rambler shareholders may be prepared to fund via a placing or Open Offer so do not write off the possibility of a re-list. I would not rule out these companies making an offer PXC, AAZ and CAML. More info will be revealed later this month. |
Posted at 02/7/2023 20:35 by leah16 It's a shame that RIG investors were "persuaded" to pay good money directly to a self- styled RIG ringleader as his initial price to be involved in his "bid" (which has now been shown to have had absolutely no substance) which he linked to a "class action" scheme that CANNOT work in the form he had peddled. It's such a shame that other options for investors to fight as a stong, unified group and remove the directors of Rambler UK were closed off by this ringleader. I hope the RIG investors who paid into the bid/class action scheme wont keep their heads buried in the sand out of fear of this individual. |
Posted at 06/6/2023 06:13 by space_dust The only way shareholders might see some money back is based on the value of any bids for the mine, the process is ongoing and all parties are under NDA's. There have been no leaks which is exceptionally unusual.RIG appear to have made a bid, the Monitor has implied there has been decent interest, the question is at what level of monetary size are these bids? Post all the shenanigans it would have been inconceivable, in my view, for any bid to be under $100m, my bet is Bradbury (RMM CEO) was bulling up the value of Rambler last summer in the hope of a bid from the Chinese or ANother. It did not happen unfortunately. Some have suggested that a bid around $50m might bring some return for the shareholders but there are caveats. If a bid of, say, $75m came in it should deliver a return for certain but hard to say how much per share, it is pure guesswork. One thing, I feel the members of RIG are rightly very bitter about statements made by the company (the Bradbury interviews) and their Class Action is more about revenge than the possibility of a monetary award, time will tell. I tend to agree that throwing good money after bad does not make much sense, IF a minority group actually won a negligence action against the BOD resulting in a cash award (Directors have indemnity insurance) then this award could be challenged by third parties. The next news is key, how many parties have bid and how many will move into the next round of the process, for shareholders there needs to be at least three, RIG will cut out investors outside their group and we know they have bid. |
Posted at 05/6/2023 09:15 by leah16 The RIG "class action group" is basically a group of (so far) approx 65 investors who have contributed funds into an individual's personal bank account. It is not a legally viable class action structure and the process must fail. These contributions thave also been linked into an apparent "bid" for the mine but the contributors don't seem to know any details about the bid to which they have contributed or how their funds are being allocated. These RIG contributors are throwing good money after bad and they will presumably realise this in the coming months. In the meantime they are sadly cutting off the chance of more suitable options to recover losses (if at all possible) in the Canadian process and removing the culpable management team. |
Posted at 25/5/2023 16:11 by amaretto1 If this RIG group was so concerned about the well being of the area and community .... Bla bla bla Like they are making out on FB and discord.Then EVERY CURRENT SHAREHOLDER should have a piece of this mine ...But this is not the case ...RIG Members are trying to buy a billion pound Copper mine for buttons ...Wiping majority of private investors out ... a long with anyone with unsecured debt !!!REMEMBER THIS !!! They are not your white knight.... The have a serious rewarding commercial deal going on at the expense of many !!! |
Posted at 27/2/2023 08:50 by pensionplanner tightfist. Be even more interest to find who the investors were at Newgen, as they were loan administrators, not necessarily the investors for the debt. I can't help wondering why someone set up that type of debt in the first place, as you'd have to know it was a millstone, when plenty of other raising options existed. Would hope that whoever set up the deal isn't one of the investors via Newgen financing that debt as that would be the last straw. |
Posted at 22/2/2023 15:39 by pensionplanner Vadna.Something I have repeatedly asked for was more details of the contractor and more details about who the investors at Newgen were as they were only administrators of the investment acting on behalf of unknown investors.Likewise I've asked that they investigate those who set up this clear millstone and any associated parties who would know the value of the asset, and where then a great incentive to have a deal designed to fail. |
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