Rambler Metals & Mining Share Discussion Threads

[pensionplanner] 30/3/2023 09:55

As expected, but I think it answers the questions over deliberation to get shareholders to pay for proving up, then have the asset spirited away to someone for a song.

As suggested the best line is attacking the limited liability status, which would potentially make directors personally liable.

No further comment

[amaretto1] 30/3/2023 09:51

It's been set up ....The ONLY hope is the judge being impartial and ordering a immediate sale of the mine ....Plenty buyers for the actual Copper produced.... Glencore being 1

[vatnabrekk] 30/3/2023 09:48

Well if they are among the secured creditors, why is it a surprise that they are refusing to pay RMM for copper deliveries when RMM owes them a lot more? Surely a blind man would have seen that train coming!

[amaretto1] 30/3/2023 09:46

Not sure what they are thinking......But my thinking is to risk loseing the lot ..... they have insider information on who is going to take control...Imo this mine will be bought for NO were near actual value as of today. That's why a Court ordered auction process touted to all global Copper mine buyers ... needs to be ASAP To give any hope whatsoever of shareholders receiving a penny !

[somersetinvestor] 30/3/2023 09:36

Forward sold l copper? They were amoung the secured creditors list in recent SISP rns

[amaretto1] 30/3/2023 09:25

Copper owed i presume. But they are now breaking the law under the judge's ruling This debt should have been frozen. Imo it's been a complete set up ....Only hope judge rules that the mine has to go to auction ASAP ! Metals Media as to saturate potential buyers and quick !

[vatnabrekk] 30/3/2023 09:18

What does RMM owe them 4.5M for? And if that's the case why would RMM expect Trans to pay them anything? this whole situation gets crazier every day.

[somersetinvestor] 30/3/2023 09:15

Looking grim now, looks like the set up is almost over

[somersetinvestor] 30/3/2023 09:14

Rmm owe them 4.5mil

[farrugia] 30/3/2023 08:47

so what's happening here - Rambler is handing the copper to and they aren't paying!? On what basis?

[amaretto1] 30/3/2023 08:44

Absolutely incredible...... no words !

[bsg] 30/3/2023 08:37

Another nail in the coffin. (As if it needed any more!)

[didar007] 29/3/2023 22:38

Amaretto1 ,any clue about any buyers for rambler including Glencore ?

[amaretto1] 27/3/2023 20:06

On re list !

[amaretto1] 27/3/2023 20:05

As I've said in earlier posts....Glen are actively seeking Copper in Canada... and they are not alone. SP Angel value RMM at 1.68 ukand they are not alone either. Let's put it this way..... you will never see RMM at under 10 pence again !!

[amaretto1] 27/3/2023 19:58

Go to GLEN thread .... RNS

[didar007] 27/3/2023 19:55

Amaretto1 make it more clear

[amaretto1] 27/3/2023 16:56

Glencore been active in Canada RNS today.

[excellance] 20/3/2023 07:31

And how much would a bidder bid purely for that?

[didar007] 20/3/2023 07:10

Sorry deferred tax asset $30.53 millions as per 31dec 2022.

[didar007] 19/3/2023 22:46

Deffered tax asset was 32millions in h12022 and should be more now .

[vatnabrekk] 19/3/2023 15:48

That's true excellance, but the buyer gets the benefit of those tax losses even if he pays $1 for the company! (Not suggesting that will happen, just saying!)

[excellance] 19/3/2023 13:40

On a positive note, the accumulated losses over a decade have value for a cash rich tax paying buyer.

[vatnabrekk] 19/3/2023 13:17

Indeed amaretto, how much value would a buyer put on it, and how much would they be prepared to lash out and commit IN TOTAL. Clearly they will want to pay as little as possible, and if there is only one interested party with no-one bidding against them, then that is likely to be very little to shareholders. But if two or more are bidding, then, well who knows!