11:53 AM EST - Rambler Metals and Mining PLC : reported that net loss for the first quarter was GBP 289 thousand, compared to a loss of GBP 213,000 in the prior year. Loss per share widened to 0.46p, from 0.36p last year. Administrative expenses for the quarter increased to GBP 275,476 from GBP 233,158 in the prior year quarter. By the end of the third quarter of fiscal 2010, the company expects to complete metallurgical testing on start-up ore primarily focusing on the Ming Mine 1807 Zone, complete the Feasibility Study on Surface Engineering including Mill Expansion and Tailings Impoundment Area; Mine Surface Facilities; and Port Infrastructure. Rambler Metals and Mining PLC
shares V.RAB are trading even at $0.50.