Rambler Metals & Mining Share Discussion Threads

[recordz] 10/6/2021 13:05

Apart from the spike its just traded sideways.
No trend going on.
Need news on those interested parties and whatever comes of it all.

[scars] 10/6/2021 12:37

ex any or all of the above would be possible reasons. But the recent spike shows the potential when the ball gets rolling. A fair few will be holding onto their cash and better placing it until the production situation is more proven. One good RNS will be enough, we have not had that yet, but could be any time from now.

[excellance] 10/6/2021 12:02

Cinoib,

How do you explain the current weakness?
Is it overhang, financial shortfall worries, poor production numbers not supporting the mkt cap, at this level, no confidence in the plan or management, or, no confidence that the price of copper will remain supportive?

[cinoib] 10/6/2021 08:21

oakville, Here is 2 that went up and even bought out at a big profit Emerald Energy and Dana Petroleum at a very big profit. If I remember right E e at 100-1 and then sol for £10 and Dana at 20-1 and later sold to South Korea for £18 +. If we keep this rate up we'll be back to a penny stock.

[oakville] 10/6/2021 05:36

I only see upside but like I have been saying when they do these share splits as the other week they always seem to weaken the share price Still z stonking buy for me.

[excellance] 10/6/2021 04:13

Each of CE Mining III and Aether, who will collectively hold shares representing in aggregate 39.8% of the ordinary share capital of the Company on Admission, will undertake to the Company and share price Angel that, other than in certain limited circumstances, they will not dispose of any interest in the Converted Shares for a period of 6 months following Admission
(8 Dec 2020)

[excellance] 10/6/2021 04:04

NOTE FINANCING

Rambler has entered into a binding term sheet for a US$ 5million conditional secured loan from institutional investor West Face Capital Inc. ("West Face") ("Note Financing"). The principal terms of the Note Financing are:

· US$ 5million senior secured notes with a 3 year term at 10% interest per annum payable bi-annually, the principal to be repaid as a single bullet payment with early repayment provision, and carries 5 year warrants to purchase up to 10% of the equity capital of the Company, as fully diluted by the proposed equity financing ("Equity Raising") and conversion of the convertible loan notes and bridging loans set out below, at the same share price as the equity placement price anticipated by the Note Financing transaction;

· The Note Financing carries covenants typical for this type of transaction;

[excellance] 10/6/2021 03:48

"To ensure the Company has adequate funds available for both development and working capital through this production ramp-up period, the Company is investigating financing options. A further update will be made to shareholders in due course."

'in due course" doesn't mean Q2

[excellance] 10/6/2021 03:06

Because there's more selling than buying.

There is a little fear, of the overhang and of the uncertain financial position.

With weak hands selling, why release good news to stop them, if others are waiting to buy them much cheaper?

I'm hoping for news of asset deals to solve our short term financial woes, so maybe we'll get a hint in the guidance note...?

[recordz] 10/6/2021 02:04

Late Sell under the bid from 15:58.
150k.
Why the sell down all of a sudden.?

[blue square] 09/6/2021 20:52

I would like some news to shut up the
derampers on the LSE thread ,believe
me scars I have just put around in about
£225 000 I know everything about HZM
which is in the public domain, you don't
need to try and educate me
I refuse to post on LSE but this
will be the last post on this board
I will leave to you experts, good luck

[jgregory10] 09/6/2021 20:52

Been adding since the share price was 0.23 and will continue to do so on these dips which won't be here once things progress. A long term investment for myself so not really phased by current intraday share price volatility. If you have the funds then this is a great opportunity to buy at the current share price. I think we hold something very special here and feel this is a great investment opportunity for medium to long term investors. Onwards and upwards RMM

[blue square] 09/6/2021 20:29

YOU DO NOT read posts I am saying there
should be NEWS THIS MONTH according to
the may 7th RNS, I would like some news.

[scars] 09/6/2021 20:23

They have been quite clear on their guidance, it should be just a matter of time. There will be a few hiccups but by year end they should be well on the way to stable profitability. At that point the 30's should be long gone.

[blue square] 09/6/2021 20:07

According to the 7th of May RNS
a revised guidance we be released
by the end of Q2 2021,which means
if they are true to their word we
should have news on how things are
going this month(June)a good way to
support the share price if things
have improved.
No reason to doubt there veracity

[jasperthemonkeygod] 09/6/2021 19:55

don't be silly

[blue square] 09/6/2021 19:46

If the share continues to fall they will
have to consolidate the share again
perhaps 1 for 10 next time

[oakville] 09/6/2021 18:36

This is why I hate the share change.

[scars] 09/6/2021 16:02

Testing the bottom trend line, IMO. Will be interesting to see if there is support. Last time it was around 3.1 but we are 3 months further on with development.

[blue square] 09/6/2021 16:02

At least now they are recruiting unnecessary jobs
accounting graduate ,environmental compliance
coordinator, safety compliance coordinator,
Last year when they were in financial trouble
they were laying off miners, so they are not
exactly on the brink of collapse even if the
share price is.

[blue square] 09/6/2021 15:49

can see this falling again tomorrow
wont have £90 000+ from me to support
it, looks like sub 30p to me with no
news, oh well

[bsg] 09/6/2021 15:38

What, another one, stich up.

[blue square] 09/6/2021 15:29

In for a penny just added another 122447
so now on 622447 aver 36.0749p
blue square on LSE is not me not sure
why he took that name at least he comes
across as reasonable.
not sure how low this will go but made
my decision to buy still on a free ride
down to 26.5p,only fear there will be
a stitch up with the large investors with
a load cheap shares and warrants in a
giveaway fund raise

[excellance] 09/6/2021 14:12

So what does all of this mean for the RMM SP?

Clearly Rambler are doing everything they can to ramp up production to exploit high copper prices, and the investment case is compelling and exciting, but with a sea of warrants and options, which became eligible for sale on 8 June, and with limited cash availability, and, hedging agreement to manage that is significantly below spot price, and with loan repayments to manage too...2021 will be a volatile year.

However, we will prevail, we will succeed, and by around march next year we will be in a totally different situation, so whatever the share price jumps to this year, next year will strengthen considerably.

We also have the "unsolicited interest" in our non core assets, that could solve our cash problems instantly, and we are also ripe for a takeover too.

[excellance] 09/6/2021 13:58

Rambler has secured an agreement in principle (MOU dated September 15, 2020) to acquire all of the assets of Teck Resources Limited's closed Duck Pond mine plant located near Millertown, Newfoundland, including the building, plant equipment with certain exceptions, and related spare parts. A non-refundable deposit has been paid to secure the transaction while final documentation is concluded. The target closing date for the purchase transaction is June 30, 2021 and dismantling of the assets by Rambler is expected to start promptly thereafter. The purchase and re-location of this plant is part of a plan to support the long life potential of the Ming Mine while increasing production capacity as well as achieving operating cost reductions.



With the commissioning of the Duck Pond mill, mine and mill production are projected to increase from 2025 to 2,400 tpd at 2% copper grade. This mill will be located next to the Ming Mine site and requires the construction of a tailings facility to support production which has to be applied for and permitted. The addition of this mill will eliminate ore transportation costs from the mine to the current milling facility which is 40 kilometers distant. Annual copper production is projected to be in excess of 15,300 tonnes per annum from 2022 onward and average 16,789 tonnes over the life of mine, subject to a positive definitive feasibility study.