Rambler Metals & Mining Share Discussion Threads

[amaretto1] 27/10/2022 07:35

Did u sell then ? Come on be honest

[excellance] 27/10/2022 07:34

excellance26 Oct '22 - 12:57 - 8786 of 8834 Edit
0 0 0
The mine won't close, all that will happen is that equity holders will be wiped out and RMM will be suspended. The workers will keep their jobs and the mine will get finance in abundance, like it should have years ago.

[trader465] 27/10/2022 07:32

Good man, sell them then

[amaretto1] 27/10/2022 07:30

The Shares have been suspended..... not administration....Big difference....Toby wants a bullet

[trader465] 27/10/2022 07:28

Of course it’s over. Dry your eyes and switch off the lights before you leave

[amaretto1] 27/10/2022 07:26

Plain and simple .... it's been a con ... no doubt about that.Toby is basically a criminal and imo in on it ..... for 16 million Canadian on a 1 billion asset ......Why not a placing ???But i don't think it's over .... YET

[farrugia] 27/10/2022 07:22

to be honest I thought there was value here. 40 million debt is not a huge amount for a producing copper mine IF and that's a BIG IF it can make money extracting the copper from the ground. I've seen copper explorers or those working on getting to production with much bigger valuations than RMM? Is all hope lost here or not? And surely NewGen can't just take the asset from shareholders? They'll have to sell it and arguably there could be value left for shareholders? Or not? Thoughts?

[bsg] 27/10/2022 07:18

Probably a deliberate move to cushion the blow of a massive D4E.

[trader465] 27/10/2022 07:11

“amaretto126 Oct '22 - 13:58 - 8793 of 8827
40 million including all debt and liabilities for a 1 billion asset ??
Wake up”


Good luck selling that 1 billion asset 👍

[danmart2] 27/10/2022 07:07

Terminator101,

Good observation.

Rambler needs an independent investigation regardless how it turns out.

[joeblogg2] 27/10/2022 06:34

Newgen do not own rmm. any sale not up to them??

[iceagefarmer] 27/10/2022 06:30

one less copper producer..others like vast resources will benefit

[danmart2] 27/10/2022 06:28

Because Newgen can sell the asset

Newgen are not skint, they don’t need to do a distressed sale

[joeblogg2] 27/10/2022 06:27

:( if rmm can't pay how does that benefit newgen if forced into a distressed sale??

[mallorca 9] 27/10/2022 06:19

I think that's the end !

[waterloo01] 27/10/2022 06:08

Suspended.

[danmart2] 26/10/2022 17:00

What is stopping RMM defaulting?

What if RMM want to default? You can’t stop it.

[cinoib] 26/10/2022 16:40

rental, don't dream to hard or you might get a rude awakening Who in their right mind would buy this, upto its ears in debt and losng money on every lb it digs out, no, doomed to the dog house along with Hum.

[rental] 26/10/2022 16:09

o wow, look at the copper price, my 6.8p RMM breakeven price could easily happen this week, then back to 20p and beyond.

[amaretto1] 26/10/2022 15:48

Bye the way .... the 40 million is including all equity and debt !!!!Get it right ..... for once in your Iife

[amaretto1] 26/10/2022 15:47

ECR have nothing.... and never will Do you watch Aussie Gold miners on TV for your stock selections ?