Regency Mines Share Discussion Threads

[torp] 14/5/2019 15:56

What has EDL to do with RGM?

Pretty desperate times when you can only pump a POS AIM tiddler by citing the success of completely different companies !!!

Fact is the BOD here have established authority to issue up to 2 BILLION shares here this year.

SP only going one way with that kind of dilution imho

[the_debt_collector] 14/5/2019 09:55

Everyone was saying EDL was doomed a month ago, £400k m/cap - since then it has risen 400%.

Sometimes it is best to ignore the bashers !

[seagullsslimjim] 10/5/2019 17:19

is that thick skinned or fat skinned?

[edward hopper] 09/5/2019 20:48

debt collector would you mind tell us what your average is?

[kemche] 09/5/2019 18:05

Absolutely!
a clear 100 bagger in the making.

[the_debt_collector] 09/5/2019 17:59

Torp

Share issues are part and parcel on AIM, it is a matter of at what price and what for.

Look how volatile a stock like WDC has been whilst they issue 100's of millions of shares to extinguish past debt and move forward with a new plan (and management) It has been possible for the nimble and astute to trade a range of .25p to .55p over a few months.

It seems to me the naysayers have been beaten up by historic value destruction and woeful sentiment against very thick skinned management. New entrants may be advised to ignore the burnt longs in this case - we will see!

If one reads the RNS on the 15th April it is very precise, words like value creation - dynamic projects - driving investor returns.


The Company will now commence a strategic review of its operations following the completion of this fundraising, where it intends to augment the board and refocus the business on the key drivers of value creation.

As part of this process, the entire portfolio of assets and business systems will be reviewed, with the goal of streamlining the investment proposition and building a dynamic grouping of projects and investments, with the target of driving investor returns over both the short and longer term horizons.


I do like turn around situations - this is one - watch this space - the kind of statements above are not normally seen in AB or SK companies - so who is pulling the strings - now who is a director of Value Creation I wonder?

Time to buy before this trebles ??

[kemche] 08/5/2019 23:54

Many a High Net Worth individual has become a Low Net Worth individual investing in Bellend companies.

[the_debt_collector] 08/5/2019 23:26

Interesting that the HNW's were made inside on the last placing - happy to stump up £240,000 cash at 0.06p - now what were they told ?

Pearce increasing his holding by 4% to 16% - Why?

Bell and Kaintz taking stock in the placing

New management coming on-board.

Strategic review ongoing.

£800k m/cap

Is it a case of filling ones boots before all is made clear ??

[selkirk69] 08/5/2019 22:57

Dog share, has been for ages Just waiting for the end...

[seagullsslimjim] 08/5/2019 16:39

"High Net Worth investors." - heh heh heh !! - now where else have we heard that? :-)

[torp] 08/5/2019 08:57

Latest Rampster - " a bit like EDL the other day"

Did EDL have authority to issue up to 2 BILLION shares? No. So nothing like EDL then.

Wish you luck but buying into a company with history of industrial levels of dilution and which has already requested and gained authority to issue up to 2 bn shares this year doesn't seem like a sound decision for me personally. That kind of dilution is only going to decimate the share price imho.

Currently there are 1.5 bn shares in issue. MCP c£900k. share price 0.06p

400m shares have already been issued with 1-1 warrants. That leaves 1.2bn shares that could still be issued which would likely be 600m shares + 600m warrants.

DYOR

[sleveen] 08/5/2019 08:03

That's nice.

[space_dust] 08/5/2019 07:53

Only £800k market cap, a bit like EDL the other day, everyone slagging it off but then it rose 450% due to being refinanced by a consortium of High Net Worth investors.

I am a buyer, taken 5m so far and will continue to add.

This could double/treble in a flash, the guy with 16% recently adding is a clue + Paul Johnson is still a holder.

[the_debt_collector] 07/5/2019 21:41

Why is Stephen Pearce increasing his already large (underwater) holding - now 16%

There were suggestions new management were incoming but they backed away - Pearce said on LSE around that time all would be revealed - urged folk not to become disillusioned.

Is Pearce working behind the scenes to instigate change one wonders - could RGM be used as a shell for example? Could new assets be injected?

Sub £1m m/cap anything is possible !!

[seagullsslimjim] 07/5/2019 20:31

you mean from back door entry to placings or from pizza sales? the two could run close !

Used to love those videos TW used to do from the upstairs room at his pizza place.

Guess when they were both together then they'd have a pizza lock in.

[kemche] 07/5/2019 16:50

How much did TW make from fatso?

[torp] 07/5/2019 13:29

The result of this BOD's penchant for dilution, multiple capital reorganisations, lack of shareholder value and preposterous expenditures on Admin Expenses:



DYOR

[torp] 07/5/2019 13:25

LMAO Ettie !!

Spread may deter buyers !!!!! lol

So not the authority the BOD have to issue 2 BILLION SHARES then ?!!!!!

You are comedy gold.

Bell has but one Modus Operandi which is to find projects to tempt the punters and then simply keep issuing billions of shares to raise funds, much of which gets expended in Admin Expenses. It's an empty cup. Jam tomorrow nonsense.

That MO has devastated the share prices of both RRR and RGM.

BOTH companies have already had their nominal share values reduced from 0.1p to 0.01p so that dilution could continue unabated.

BOTH companies have already had share consolidations.

BOTH companies have nevertheless seen their SPs further devastated by the actions of this BOD.

Nothing but a lifestyle venture for the BOD.

Trying to present yet another share consolidation as a positive is probably the most farcical thing you've posted for 12 months.

RGM Historical Performance and Monies Raised

2012 - Loss of £2,112,350 - raised £907,090
2013 - Loss of £5,166,017 - raised £3,327,678
2014 - Loss of £1,508,812 - raised £1,212,805
2015 - Loss of £5,888,742 - raised £1,049,765
2016 - Loss of £1,965,722 - raised £781,595
2017 - Loss of £534,267 - raised £1,576,701

Total raised above - £8,855,634

Nothing will ever change whilst this BOD remain in control.

vulpes pilum mutat, non mores


DYOR

[kemche] 07/5/2019 13:19

Consolidate, dilute, consolidate, dilute ad infitum.

Plus ça change, plus c'est la même chose!

[atinos auntie ettie] 07/5/2019 13:15

The wide reported spread (actual is narrower than reported) may deter prospective buyers. Furthermore some sites may be ill-adjusted to the display of prices in the sub 0.1 range. In circumstances such as these there are clear benefits for a consolidation of the ordinary shares. Naysayers would do well do recall the price did rise in the immediate aftermath of the last consolidation so they can, indeed should, have a positive impact.