Rambler Metals & Mining Share Discussion Threads

[snowydays] 07/3/2014 11:35

i think the idea of expanding into the LFZ has been placed on the back burner at least until copper prices improve substantially. It is not really viable.

Fortunately the massive sulphide zones are probably much larger than currently known. I think expansion will come from a new mill which is a relatively cheap option and then through aquisitions and joint ventures.

[augustusgloop] 05/3/2014 23:20

They have lots of resource - but most of it is in the lower footwall.

This will be expensive (capex) to monetise and we are unsure of total profitability (break-even copper price) for this asset.

therefore, all though the mine is well run, it is very difficult to attribute a value.

they may be debt free now - but they will need to raise a lot of money to expand in a few years. [Plodding along profitably at the present size is not an option.]

[owenga] 05/3/2014 21:11

What the hell will move this SP? No debt now, solid profits increasing, record resources being mined. A few years of extra resources would be nice!

[mandm10] 04/3/2014 19:36

C2 no echo, just one of these long term shares that you tuck away. Quiet board means none of those derampers/rampers etc with nothing else better to do. Think that just a steady eddie share which will slowly increase in value and suits me fine.

[count chris] 03/3/2014 23:30

Is there an echo in here?

[count chris] 03/3/2014 23:18

Yes sadly they need to increase the resource before they can start chucking money at us but as said above compared to most of these AIM miners they are doing pretty well and obviously capable of doing the business

[count chris] 03/3/2014 23:18

Yes sadly they need to increase the resource before they can start chucking money at us but as said above compared to most of these AIM miners they are doing pretty well and obviously capable of doing the business

[killing_time] 03/3/2014 11:28

I would expect them to go for growth by buying a second crushing and grinding circuit. Maybe only $8-$10m, then I would expect dividend policy.

[redhill] 03/3/2014 11:11

So what's next? Share buy back or a dividend policy.

[fangorn2] 03/3/2014 08:51

Appreciate the link Sammy.
Great news the Sprott facility has all been repaid. What a great job management have done here. Quite remarkable for the usual run of the mill minnow miners.
Cheers

[sammy_smith] 03/3/2014 08:45

LISTEN: Rambler Metals & Mining (RMM) - Repays credit facility with Sprott resource lending partnership

Click the link below to listen

[count chris] 03/3/2014 07:29

Rambler makes Final Repayment Against Credit facility withSprott Resource Lending PartnershipLondon, England & Baie Verte, Newfoundland and Labrador - 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 announces that following a final payment of CAD $1.0 million on 28 February 2014 the outstanding balance of the Company's CAD $10.0 million credit facility with Sprott Resource Lending Partnership ('Sprott') has been repaid.Cash resources as at 28 February 2014 were CAD $5.5 million.Norman Williams, President and CEO, commented:"This is a tremendous achievement for Rambler and demonstrates its ability to generate free cash flow from its Ming Mine asset. Steady production, coupled with meeting budgeted grades and higher than budgeted copper recoveries, has enabled the Company to meet its cash flow targets and focus on repaying this credit facility ahead of schedule."As the Company's cash position strengthens, the Board of Directors will continue its review of capital allocation resulting from free cash to maximize shareholder value."Please click on the link below for an audio interview with Norman Williams;http://www.brrmedia.co.uk/event/121257?popup=true

[bashers2] 03/3/2014 07:11

Well done Rambler - all paid!

[count chris] 25/2/2014 22:49

You said that a few weeks ago and I followed it by pointing out we will soon get an RNS to say the loan has been paid off. Shouldn't be long now.

[lwaxf13] 25/2/2014 14:11

Looking very unloved here. Maybe this is as good as it gets for RMM. After years of hype about re-rating the markets appear to have spoken.

[steve243] 19/2/2014 15:35

Listen to CEO, Norman Williams discuss the 2nd qtr production results, Little Deer and also comments on Marathon Gold announcement today - hxxp://ow.ly/tMFPc

[fangorn2] 19/2/2014 07:55

Appointment of President & CEO




And decent results too...

[owenga] 19/2/2014 07:30

These are good results as they have almost matched last quarter numbers which were great. Particularly given the very cold weather canada had in January.

[killing_time] 19/2/2014 07:29

Second quarter results are out, looking good.

Good to see they have fixed the issue of the freezing ore bin.

[bashers2] 06/2/2014 15:09

Not finished sorry......

[bashers2] 06/2/2014 15:06

Further drilling

[count chris] 03/2/2014 08:33

Souns like we will get an RNS next month saying we are debt free which might get a bit more coverage than today's news

[lwaxf13] 03/2/2014 08:02

And still RMM remains unloved.

[killing_time] 03/2/2014 07:41

RNS out,

More of the debt payed off, nearly debt free.

[ned] 30/1/2014 19:18

REDHILL

Yes. If they are set up for sustained production, then perhaps we can hope for perhaps 2 or upwards more years of additional reserve by the end of the current fiscal year plus replacement of that mined. Along with a few decent project investments and mounting cash balance our share price could be looking good as a long term hold instead of what it has been..