Rambler Metals and Mining - Capital Network: Low Risk Exposure to Copper Markets
Published: 19:22 04 May 2017 AEST
Rambler Metals and Mining plc (‘Rambler’) is a dually listed AIM and TSX-V junior mining company which has 100% ownership of the Ming Copper-Gold Mine in, Newfoundland and Labrador, Canada.
Executive summary
We note that the above analysis is conducted assuming a LT Gold price of US$1250/oz. In the Base case a US$100/oz move in the gold price will move NPV ~US$3.5m, and in the Phase II case a similar move in the golf price will move NPV by ~US$5m.
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