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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Rambler Metals & Mining Plc | LSE:RMM | London | Ordinary Share | GB00BLFJ1613 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 5.375 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
04/9/2023 14:22 | Lets hope it's a flop for them as well. | bsg | |
02/9/2023 00:27 | It's a pretty ignominious end being picked up for a song by such a ropey outfit. It's obvious from their webinar they can't believe their luck. | jasperthemonkeygod | |
01/9/2023 23:06 | A$? Spelling mistakes too? Is that even real? | excellance | |
01/9/2023 15:00 | have anyone got home addresses yet for legal claims against directors as you say if they can raise the money why couldn’t we, no more better evidence than this of foul play. | rental | |
01/9/2023 10:06 | It is always thus! | vatnabrekk | |
01/9/2023 09:19 | Reading about reverse vesting orders in Canada, any secured debt gets paid off, the buyer gets all mineral rights, historic tax advantages. It's a great deal for the buyer, not the existing shareholders | jasperthemonkeygod | |
01/9/2023 08:44 | seems odd how it’s been described above, but surely if they selling the shares in the company we do get paid, as we own the shares. but how much for each shares and how much percentage of debt to settle suppliers | rental | |
01/9/2023 08:10 | Do shareholders in RMM get anything ? | amaretto1 | |
31/8/2023 20:10 | August 31, 2023 Rambler Metals and Mining Canada Limited (RMMCL) ("Rambler", and together with 1948565 Ontario Inc. the "Company"), a copper and gold producer, explorer, and developer, wishes to share an update regarding the execution of the Definitive Agreement (“DA”) with the Successful Bidder in the Sales and Investment Solicitation Process (“SISP”) The Company is pleased to announce that the Successful Bidder, AuTECO Minerals Limited (ASX:AUT) (“AuTECO” negotiating and have executed a Subscription Agreement (“SA”) that sees AuTECO acquiring all of the shares of the Company for total consideration of A$65 million, pending approval of the transaction by the Court and other customary conditions for a transaction of this nature. The transaction comprises upfront consideration of A$35 million in cash and A$15 million in shares, followed by an additional A$7.5 million cash payment and A$7.5 million in shares within 18 months. AuTECO will fund the transaction through a capital raise of no less that A$50 million. The SA contemplates the transaction being completed as a Reverse Vesting Order (“RVO”) which will involve the transfer of excluded assets and liabilities out of the Rambler Group, leaving the Rambler Group with only those assets and liabilities sought by AuTECOto facilitate AuTECO’s (or its nominee’s) acquisition of the shares. In concert with this announcement, relevant filings will be made to the Court and be available on the Monitor’s website at: www.GrantThornton.ca A further communication will be made to stakeholders following the next scheduled court hearing on September 11, 2023. | jasperthemonkeygod | |
31/8/2023 15:35 | Our directors could have done so much better. | vatnabrekk | |
31/8/2023 15:33 | From Appendix 11 of the Auteco Minerals presentation on the acquisition: "Multiple third-party creditors of Rambler Canada may not receive the full payment owing to them from Rambler Canada pursuant to debt instruments and agreements that pre-existed the SISP (Sales and Investments Solicitation Process) process. As a result of the SISP process, certain creditors may have to compromise and accept partial payment for the outstanding debt owed, foregoing full repayment. As a result, there is a risk that the Company will be unable to engage such third-party creditors to provide financing in the future." So, what chance RMM shareholders? | rogsim | |
31/8/2023 15:16 | EXACTY !!Because RMM shareholders have been blatantly legally CONNED !! Theft | amaretto1 | |
31/8/2023 15:13 | if this so good for them and raising money to buy it, why the hell was it so bad for us when we aleady owned it. i guess we start our legal processes again ed the directors now. | rental | |
31/8/2023 14:27 | I don't get the A$15M in shares bit | jasperthemonkeygod | |
31/8/2023 14:15 | Probably just about covers debts and liquidators fees. A few penny's left over? | waterloo01 | |
31/8/2023 14:10 | hmm 65mill A$ = 42mill US | jasperthemonkeygod | |
31/8/2023 14:08 | So $50m plus $15m forward. Anything left for holders? • The transaction comprises upfront consideration of A$35M in cash and A$15M in shares, followed by an additional A$7.5M cash payment and A$7.5M in shares within 18 months | waterloo01 | |
31/8/2023 13:50 | the mine is sold hxxps://wcsecure.web | rental | |
24/8/2023 07:44 | at least the outcome here is a little different to Pembridge Resources (part of Minto Metals) - where the directors just abandoned ship. Lesson here is to avoid getting involved with small copper minnows that don't have adequate capital. | farrugia | |
18/8/2023 14:23 | I think we'll get something if it's over $52 mill | jasperthemonkeygod | |
18/8/2023 14:06 | Not enough, I would imagine. Diddly squat a share for us share holders. | bsg | |
18/8/2023 14:05 | Are they going to tell shareholders? | vatnabrekk |
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