This is a Scribe / Extractor Tool which consists of a carbide tipped end that can be used both to extract un-fired Ramsets from the base of a Ram-Shell or to create small indentations on the inside of the seat of the Ramset charge which increases the friction of the charge within the shell.
The tool is a standard scribe tool which comes with a pocket clip and magnetic end as well as a rubber protective cover for the sharp tip end (or it can be removed and inserted in reverse for safe storage)