dotlink
20 Mar 2015
sp went down to fill or close 10p gap at apr 2009
doc-lee
20 Mar 2015
Re: RNS Now we can see why none of the management team bought in when shares were at "bargain levels" some weeks ago. They've kept their own money safe whilst letting us stupid mugs spend ours on more shares which they knew still had a long way to fall. Clearly their "profit warning" which started this precipitous fall was too reassuring and not strong enough. I wonder what Mr Williams is now thinking. His original policy was simply to bring the Ming Mine back to profitability (which I bought into). His change (to which I objected) was to one of expansion by buying up non-profitable (or barely profitable - I stand to be corrected on that) neighbouring properties. This has done nothing to cushion the effects of the downturn and can only have increased the pressure on the company's finances. The actual purchases will have reduced its cash reserves and any actual work done on the new properties will have increased expenditure without bringin in any earnings. We have been left with less fat on which to survive the lean times. To reduce expenditure he's already pruned the workforce and despite that the SP has just plummeted yet again. I wonder whether he is now going to reduce expenditure still further by pruning management either in numbers or in remuneration or both. I don't think I'll hold my breath waiting to see whether Mr W and colleagues are going to share in the pain by taking a significant reduction in their remuneration. If they don't share in the pain, we'll all be able to see them for what they are - fat cats with their snouts in the trough. (Excuse the mixed metaphor of cats and pigs.)Either Mr Williams forgot that booms are frequently followed by busts or he didn't care as long as he personally wasn't open to swingeing losses as the SP fell through the floor. Perhaps he'd like to tell us just how much he and his fellow directors had invested in RMM and at just how much his personal losses in RMM currently stand. Again, I'm not holding my breath.
KarlMar5
19 Mar 2015
RNS Well at least we now know why the share price has been dropping recently (last 2 weeks) without any newsand all the sells. Some folk are more privvy than others to price sensitive information. I have come to the conclusion that AIM is "corrupt" and as soon as possible I will be exiting this fiasco of a company and taking whatever is left to a more stable place that pays dividends and rewards shareholders for there commitment.GLA Regards KM
dotlink
18 Mar 2015
head grade for copper, gold and silver is getting lower in every quarter, its a good price to get in now but not if the spread is about 10%
dotlink
18 Feb 2015
lots of profit taking today and gold price is under 1200 and oil price going back up and but sp holding up
svenedin
14 Feb 2015
Re: Asa Bridle Thank you for posting that link. I was interested to hear Asa Bridle describing the fall in copper prices to current levels as "anomalous". He expects a recovery to a more normal copper price and that bodes well for Rambler.
MisterCollins
13 Feb 2015
Asa Bridle This was posted by rogsim on ADVFN: [link]
dotlink
06 Feb 2015
cmon buyers still need to reach 16p at least
doc-lee
06 Feb 2015
Re: Who's milking Who!! Hi Doc Sven... nice to make your acquaintance.Now, I can see that you are a proper doctor and not a dentists as they can just about correctly spell "incisor" in 1 or 2 attempts (only joking for all you dentists out there). One thing we are not are vetinarians and I for one know practically nothing about animals and their behaviour. So, if there are any vets out there, can they tell me whether the rise in SP yesterday and so far today is thestart of a return to sanity or is it just a "dead cat bounce"? Also how do 40,000 sells and 2,000 buys since the market opened this morning produce a rise in the SP by another 1.96%. What does that indicate? Is there any logic in the AIM??Just keep taking the tablets, folks.
dotlink
05 Feb 2015
resistance at 17p
dotlink
05 Feb 2015
buys coming in
dotlink
05 Feb 2015
rsi, macd, bbwidth all starting to reverse
svenedin
05 Feb 2015
Re: Who's milking Who!! Doc, I wasn't suggesting the company should sit tight, I was suggesting that to the OP, KarlMar5. As it happens, I am a doctor as well and I share your concerns for our severely neutropaenic patient (as you can see I am also British hence the "ae" in neutropaenia). Yes Rambler is vulnerable but I have seen this with my other mining AIM investments (AGQ, CNR). The whole sector is out of favour and it is immensely frustrating. I think my investment strategy (research a company thoroughly then invest and wait) is sadly out of touch with the times. We cannot influence the copper price but Rambler can influence their costs and they appear to be doing this. The fall in oil prices should reduce fuel prices and this must surely be a major overhead. A drive towards the greatest efficiency must be the most sensible thing to do. As to whether Rambler should buy back shares I am not so sure. We do not know what the copper (or gold or silver) price will do and a war chest is a useful cushion against unexpected costs. I will be happier when I see the company cash positive for February as the RNS suggests they will be.
doc-lee
05 Feb 2015
Re: Who's milking Who!! SvenI can accept that you are correct in your analysis of WHY it happened, but I'm not so sure as to your suggestion of WHAT should be done. "Don't just do something, Sit there" is not a remedy I would adopt without very careful consideration of the pros and the cons of the situation.Because of its ridiculously low SP the company is vulnerable to outside predators who could buy a significant stake in the company and cause it immense harm in the pursuit of their self-centred goals. Curently RMM is like a patient whose immune defenses are very low. It is at a severe risk of infection which if heavy enough will cause it very serious injury or death. That sniffle from which such a patient may be experiencing might be due to a common cold - give it time and it will get better without any intervention. However it might be due to epidemic flu which if given time and luck will probably get better but may, if the patient is unlucky, lead to broncho-pneumonia with long term lung damage or even death. Taking adequate precautionary steps early can reduce the chances of such a serious end-result - things like removing as much sputum as possible from the lungs where such accumulations provide foot-holds into which dangerous pathogenic bacteria can gain access and there to breed causing damaging pneumonia. If patients survive they can be left with permanent debiltating damage from which they never fully recover.What the board should be doing is to remove as many of those dirt-cheap shares ("sputum"
out of the reach of those financial predators ("pathogenic bacteria" so as to prevent them getting a foot-hold in the company where they can cause immense damage ("pneumonia", "long term or permanent damage" or "death". Of course, to do so will involve spending some of the money which they have stock-piled, but what's the point of not doing anything with it if the end result is permanent damage to or the liquidation of the company (and our investments).all accounts from outside analysts, RMM has a very bright future (I wouldn't have been prepared to stay in so long without those forecasts). To sit back and do nothing to protect the company during this toxic period is gambling big-time with all our investments and is not something that a competent Board of Directors should be doing.Like Sven I think that this company currently might be a "Buy". However, without any sign from the Directors that they are sufficently confident in the future of the company to buy at this ridiculously low price I'm not prepared to follow his view and throw in more money after (possible) bad. I can only recommend what I am currently doing with my investment and that is to "Hold".
dotlink
05 Feb 2015
looks like someone is want to take the sp down, every time theres a big buy theres a bigger sell after it hmm
