GREY:RBMTF - Post by User
Comment by
MineNL1on Mar 05, 2019 4:56pm
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Post# 29446182
RE:copper prices
RE:copper pricesI would have to disagree about management not giving a hoot. The rambler story is similar to many junior miners that commit to a mining endeavour when prices are strong only to have that market collapse. It is tragic to see this sort of thing happen because the management gets tested having pressure from shareholders to turn a profit, employees wanting better pay and can over deliver on initial projections and still loose money because the projects are no longer feasible at the current commodity price. Only thing you can do is streamline and do the best with what little you can afford until the tide comes in to float the boat again. This financing is good news because this market is coming around I just hope that rambler can pull through and experience a boom.