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 Shares Traded Last Trade
  0.00 0.0% 21.75 483,665 08:00:00
Bid Price Offer Price High Price Low Price Open Price
21.50 22.00 21.75 21.75 21.75
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 13.99 -6.78 -0.06 28
Last Trade Time Trade Type Trade Size Trade Price Currency
16:26:55 O 5,000 21.61 GBX

Rambler Metals & Mining (RMM) Latest News (2)

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Date Time Title Posts
28/9/202113:33Rambler Minerals, Flying under the radar on AIM?51
28/9/202112:40Rambler metals - 20183,983
10/3/202109:07Rambler Metals2,859
01/7/201816:43Rambler Metals and Mining (RMM) One to Watch Monday -
21/2/201715:46Rambler Metals & Mining (RMM)20

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Rambler Metals & Mining (RMM) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2021-09-28 15:26:5521.615,0001,080.50O
2021-09-28 15:23:4021.8545,7119,987.85O
2021-09-28 15:03:0621.841,500327.60O
2021-09-28 14:38:1021.535,0001,076.25O
2021-09-28 14:15:3421.8523050.26O
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Rambler Metals & Mining (RMM) Top Chat Posts

Rambler Metals & Mining Daily Update: Rambler Metals & Mining Plc is listed in the Mining sector of the London Stock Exchange with ticker RMM. The last closing price for Rambler Metals & Mining was 21.75p.
Rambler Metals & Mining Plc has a 4 week average price of 20p and a 12 week average price of 19.25p.
The 1 year high share price is 90p while the 1 year low share price is currently 19.25p.
There are currently 129,636,633 shares in issue and the average daily traded volume is 873,827 shares. The market capitalisation of Rambler Metals & Mining Plc is £28,195,967.68.
jgregory10: In the interim there will be continued volatility in RMM but nothing has changed the company have a plan and are continuing to follow this. The current uncertainty on finance is holding the share price down which we are all aware of. If you are a medium to long term investor then you are holding something very special. The current price of RMM is an absolute bargain when this moves back into the fourties in the next few months a few people will be wondering why they had not purchased at this price.
scars: 4.58 wish this was the RMM share price not 0.30!!! I'd be a millionaire rodders!
blue square: Surprisingly or not Rambler are scheduled to produce less saleable copper in Q2 2021 than they did in Q1 2021 801 tons against 876 tons, more surprisingly rambler produced more saleable copper in Q4 2020(917 tons) when a lot of the workers had been let go, the mine had flooded and the machinery needed to be repaired. Production forecasts for H2 are reliant on contractors starting on July 1st so lets hope everything goes to plan ,so positive share price catalysts going forward a possible JV for the little deer complex, apart from that we need to wait for the Q3 production figures in November. I am ignoring the upcoming drilling results because the market needs to see Rambler hit some production targets first before they get excited about drilling results in my opinion. ongoing strength with the copper price and confirmation of closure of the senior debt will help sentiment, the share price being rock bottom may limit the downside now ,with the wild card being west face capitol, what do they intend to do with their shares, they are currently one of the largest shareholders with approx 7% of the company.
blue square: Currently 108 889 778 shares with a share price of 29.98p and a market cap of £32.6 million on admission there will be 117 021 588 shares if the share price stays the same, the market cap will rise to £35 million ,if the market cap remains the same the share price will go down to 27.8p. I personally don't think it is a given westface will sell at this level but I guess time will tell. Still holding 600 000 shares ,with my first review in May 2022 and the production numbers for the first quarter of 2022 hoping for around 50p/market cap of £60 million at that time
pre: Here is the extract: ...In addition to the senior secured loan, the Company has also signed a binding term sheet for an unsecured, subordinated convertible note of up to US$30 million subject to customary conditions with Riverfort Global Opportunities PCC Limited, a global investment company headquartered in London, UK, and YA II PN, Ltd (collectively, the "Noteholders"). The key terms of the convertible note include: -- An initial advance of US$2.0 million will be provided to the Company upon closing; -- 2(nd) and 3(rd) advances of US$2.0 million (US$4 million in total) will be available upon the Company's request during the period commencing one month from the date of the agreement with the Noteholders and expiring on December 31, 2021; -- The potential remaining advances of US$24 million will be subject to the Company and Noteholders' mutual consent and is conditional on necessary shareholder approval to increase the authority to issue shares; -- Each advance is subject to a drawdown fee of 4% of the gross amount advanced and commission of 1.5% payable to share price Angel Corporate Finance LLP ; -- the Noteholders have the option to convert the advances into new ordinary shares of the Company at a price ("Conversion Price") which is the lower of: o a 40% premium to the five-day volume weighted average price ("VWAP") ("Fixed Conversion Price") of ordinary shares of Rambler immediately prior to the drawdown of each advance; and o the average of the five lowest daily VWAPs of ordinary shares of Rambler during the 20 trading days immediately preceding the date of any conversion notice ("Variable Conversion Price").
jgregory10: I think we are now at the bottom of this mine shaft in terms of share price. There has been a lot of uncertainty since the middle of last year but one thing that really stands out is this company wants to survive. Once we get an update on financials and a proposed plan then we should start to see an increase in the share price. Onwards and upwards RMM
blue square: I guess if they need finance investors have to price in the possibility of an equity raise 20% below the current share price which puts constant downward pressure on the share price
cyberbub: Scars the prospects for the mine are still very good IMO. The question is whether shareholders will see any of the upside. If the company is forced to raise say £10M at a discount to today's share price then it will be very painful. Plus there is a risk that there are some corporate dirty tricks going on, as has been suggested, to force the share price down and sell it for a song. Of course neither of those might happen - the fundraise might be small, and the management might be as pure as the driven snow... or if they sell out, they do so for a decent price, 40p+. I think it's put up or shut up time for shareholders at the moment :-o
blue square: CE Mining/brad mills have stuck by and supported Rambler through the lean years with low copper prices culminating in a shareholding of 63% before the financial restructuring, now having around 29% after the raise in February. Now that high copper prices have returned, you can bet CE mining/brad mills want some kind of return on their investment over the years so there is a powerful self interest from the chairman to get this to work so he is aligned with other shareholders to an extent. In the past when Rambler have needed to plug a hole in their finances CE mining have agreed a convertible loan note with rambler. I can see another convertible loan note to be part of finance package, it would make sense to CE mining and perhaps explains why they tanked the share price, so they can convert at a low share price or reasonable share price as they would see it, there is a contradiction in the Questions and answers ,they cant move forward with the short term finance until the results of the new mine plan are known and financial options have been explored but at the same time they are in discussions. I would personally like to know how they got through 17.5 million dollars in the 1st quarter the 7 million from revenue and the 10.5 million from the raise, it may be they need a lot more money than people are factoring in, which clearly would not be good as they were pretty much raped by west face capitol for $5 million giving them 10% of the company in cheap warrants, In hindsight I was a bit rash with my latest investment and caution should be the watch word here its all a bit opaque. My greatest fear is they need quite a lot of money and they wont be able raise it, they were exploring "finance options" before the restructuring. All of the above is my opinion and partly reflects my regret of jumping in with two feet, the good news is we/I will know our fate soon I could live with being able to get out at 20p and taking a £100000 loss But still hopeful the cash shortfall is manageable and I can leave with a decent profit
jgregory10: 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
Rambler Metals & Mining share price data is direct from the London Stock Exchange
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