thehickster
14 Jan 2015
Re: Todays drop polter that's the sort of thing that happens with oil companies I've invested in.They follow the price of oil down religiously, yet nothing happens when oil goes up.It's a one way bet... In fact I must get some margin in my spread betting account and just go short on everything.... can't lose !
thehickster
14 Jan 2015
Re: Todays drop I'm sure at one time the management had good intentions, but as with 99.99% of AIM companies they have reverted to type and it has now become just a means of rewarding directors at the expense of shareholders. If it wasn't that type of company then it wouldn't be listed on AIM.I just wish they'd do something with that cash pile to help us long suffering PIs. Just a little bit of payback for our patience would be nice.
svenedin
13 Jan 2015
Re: Todays drop I am as disappointed as anybody and I am almost 30% down on this investment. However, is the price drop really a surprise when you look at the copper price charts? Over the last 6 months the copper price per pound has dropped from around $3.20 to less than $2.80. There was a particularly steep decline in price over the last few weeks. We are after all primarily a copper producer with gold as a bonus or am I missing something? I hope that the lower oil price will reduce fuel costs which may offset some of the drop in the price in copper. As a marker of the health of the world economy, falls in the price of "Dr Copper" are ominous indeed..... We may have to hold this investment for rather a lot longer to see a return unless the price of gold explodes and we can focus on gold production.
polterlooser
13 Jan 2015
Re: Todays drop This share seems to go down when gold goes down and stay there when it goes up!
doc-lee
13 Jan 2015
Re: Todays drop Ha, Bl**dy Ha!! Excuse me for laughing, Uphill, but that's exactly what I did when RMM plumbed the new (for then) depths of 26p.My reward for such astute bottom fishing resulted in yet another purchase of RMM shares which have plunged in value, this time by 19% in a few months. I'm now sitting on a cumulative loss of £6000+Do you think that there is anybody alive at RMM HQ or doesn't anybody there check this site occasionally or is it that they do but just don't care? Like KarlMar5, I'm less than happy with a company which I once admired and, consequently, trusted to do the right thing for its investors. More fool me!
UphillStruggle
13 Jan 2015
Re: Todays drop Chin up... Buy more as it is due for a bounce to up limits of down channel.
KarlMar5
09 Jan 2015
Todays drop Means that I am currently down a tad under 35% on this share. I used to be very optamistic about this share but as the months have merged into years it feels like Rambler is sucking the life out of me. If I ever get back to my original purchase price I will be out as quick as a shot never to return.I do not make it a habit to have a go at companies that I have a holding in but this outfit is so mind numbingly boring with information for PIs to digest and give hope. Roll on Spring.I wonder if I applied to the Oxford English dictionary folk they could re-difine/change the word "Dissapointing" to "Rambler"Glad to get that off my chest and good luck to ALL holdersRegards KM
dotlink
24 Dec 2014
under 20p next year and 10p by end of next year
KarlMar5
18 Dec 2014
Re: Another shipment Maybe the market doesn't like Ramblers mantra "Prolong the life of the mine" instead of it's about time we rewarded our backers/shareholders with a dividend, even if it's a small one!!And I suspect the fall in the share price coincides with the time of year and transport issues. I have no doubt it will be rather chilly in that neck of the woods and their probably won't be any more shipments until spring.Regards KM
thehickster
17 Dec 2014
Another shipment More money/profit........ and the market doesn't like it...Must admit I preferred Rambler when they had loads of debt, loads of risk, the mine wasn't going and there was still a long way to go to commercial production and profitability...... and the share price was almost double what it is now.Might give them a call and tell them to stop mining and making money as it's obviously not what the market wants.
doc-lee
11 Dec 2014
Re: Have I Overslept or What? Thanks, Manic. I'm pleased to say that the headaches are getting less.
ManicMiner2
11 Dec 2014
Re: Have I Overslept or What? Good Day Doc,Rambler's Fiscal Year starts August 1st. Therefore 1Q 2015 is August - October 2014.There accounts are therefore correct.Hope this helps.Manic Miner
HiTide
09 Dec 2014
Re: No Explanation Yes, I hope so. Though, apparently, the new footwall resource contains no gold so we are becoming more of a copper play. So only a boost in the short term?
schwee
09 Dec 2014
Re: No Explanation and hopefully the recent uptick in the gold price is more than a flash in the proverbial pan.
HiTide
09 Dec 2014
No Explanation Hmm. Why didn't the RNS explain why head grades were low and what they will do to improve this?At least next quarters results will have the benefit of the 30%+ drop in oil prices and Henderson wouldn't be buying so many shares if they weren't confident of the future. Hold.
