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Placing most likely coming at 3p
as Rns suggested Rambler are going concern,
Debt debt debt
how will Rambler survive in this macroeconomic climate?
YouTube pump of over 2000% on Monday is off the scale pump
Last Friday XSG done placing at 72% discount
what make ramblers holding to think This won't happen to RMM?
I won't be suprise if RMM placing is 60% discount
The Group incurred a net loss before tax of $9.6 million for the six months ended 30 June 2022 (2021: $4.8 million). As
at 30 June 2022, the Group had net current liabilities of $20.0 million (December 2021: $8.8 million).
However, the balance sheet at December 2021 had net current liabilities of $8.8m which increased to $20.0m at 30
Earl, you have surpassed yourself with that one, you really have! Lol!
call me what you want, but Sp did fall since The Placing Rns.
let's see if Next week this comes true>
Last Friday XSG done placing at 72% discount
what make ramblers holding to think This won't happen to RMM?
I won't be suprise if RMM placing is 60% discount
The Group incurred a net loss before tax of $9.6 million for the six months ended 30 June 2022 (2021: $4.8 million). As
at 30 June 2022, the Group had net current liabilities of $20.0 million (December 2021: $8.8 million).
However, the balance sheet at December 2021 had net current liabilities of $8.8m which increased to $20.0m at 30
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The most clueless poster on LSE, ie Earlofaim, otherwise known as Aimington Chase, turning up to spout absolute boll ox on a board they have zero investment in.
What will be will be, but whatever you do, make the best decision of your life and ignore anything this idiot posts.
GLA
Debt were increase to increase production .look at h1 2021 revenue and h1 2022 revenue .c1 cost is came down to 2.90 from June and going to 2.70 to 2.8 by year end .copper is 3.50 so here we will get .60 to .80 margin with c1 cost .if copper goes to $4 in by december ( which is sure ) then revenue is going to huge compare to c1 cost by December .company's debt is very little compare to its asset .
Exactly, hence why the ultimate 40p + bid could come to fruition here.
This is going to be a 100 million company by q1 2023 as copper will increase in next few months .even if they do a little placing ,if they get reschedule of debt with newgen rmm is going to life changing investment @ current price .last year they produce 3400 ton of copper and this year it's going to 6300 to 6600 tons .you need debt to expand production as our production side is sorted new gen will give us more money and hancon will support us all the way as they both shares in much much higher prices ( newgen @ 35p and hancon @ 29p) .
Earl of Aim is somebody who shows up on the boards of stocks that hit top risers (without being invested) to re-post quotes from the last RNS to give his unqualified opinion under the premise of 'just stating facts'.
Motivations for spending moments of his life he's never getting back doing so remain unclear.
He chases the risers board telling people the massive rise is faux and they should sell (really)
If the buyer pushing another 48 hours, it can be likely that we see a takeover al la Lamprell. Will be interesting to see tomorrow how its going
Significant increase in freight charges with the logistics challenges following COVID-19. A reduction in copper price during the second quarter from a level at which it was expected that working capital requirements could be met from revenues
from Rns 26 Sept.
does this sound like a company with good financial health or a sick company on the verge of dying?
The Group's ability to continue operating in the normal course of business is dependent upon establishing sufficient operating cash flows from the Ming Mine, and to the extent required, through access to equity and debt markets. These factors together with the continued unpredictability of cost inflation and the copper prices indicate the existence of a material uncertainty that may cast significant doubt on the Group's ability to continue as a going concern.
Is Earl talking about Covid?
ITS OVER BRO
"placing written all over RMM."
Hahahahahhahaah EarlofAIM.
You can tell you are new. Jesus wept.
Of course theres a flucking placing hahahahhahahaha
This is what happens when you post after 7 mins of research.
"Placing most likely coming at 3p"
I'd like to know how you came up with this figure Earlofshame.
Thoughts and reasoning please.
from rns 26th September,
why would anyone give money to RMM without a heavy discount like we saw on Friday from XSG (72% discount)
RMM are a loss making company hence because of the risk the dilution will be huge!!
'The Group's ability to continue operating in the normal course of business is dependent upon establishing sufficient operating cash flows from the Ming Mine, and to the extent required, through access to equity and debt markets. These factors together with the continued unpredictability of cost inflation and the copper prices indicate the existence of a material uncertainty that may cast significant doubt on the Group's ability to continue as a going concern'
Issue of a massive number of shares to cover both the debt and operating funds.