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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Regency Mines Plc | RGM | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.90 | 00:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.90 |
| Top Posts |
|---|
Posted at 06/8/2020 10:00 by helpfull Seriously. Who is selling all the RGM shares? Has a significant investor been selling down like at Ascent Resources? Is a significant investor still selling down their holding? Will shareholders in RGM have to wait 3 months to find out like shareholders at Ascent Resources? The MO is there for all to see. A significant shareholder selling will not stop cash raises at RGM. It did not stop them at Ascent Resources. Parsons has a tenancy to distract shareholders from poor news with the irrelevant. Yesterday, the RNS informed shareholders there would be a name change. It was a RNS about an upcoming RNS which would give information about a name change. What about Southport and the revenues which were supposed to be generated from it in June 2020? What about talks at WoWo Gap? Have telephones lines to Australia been cut? I suspect Parsons has been knocked back at WoWo. Much like with Mambare where he has to rely on tidbits of news they might release. Be careful. |
Posted at 30/7/2020 17:26 by helpfull Is there a need for executive directors at RGM? No progress going to be made in PNG for the next 9 months of longer. The university student idling away his time in North America. No revenues for battery storage until mid 2021, if at all judging by the Southport no show. Parsons should do what he did at Coro Energy when he put the company into cold storage and gave his friend James Menzies the boot. Of course the boot would have to be on another foot at RGM because it is Parsons who would be dislodged. No chance of that with the nose firmly in the trough. Easier to go for the fourth cash raise in eight months for RGM. |
Posted at 24/7/2020 06:47 by helpfull Tight squeeze. You'll need it if you were reeled in by yesterday's pump and dump. All those greedy little trades to be unwound. Do your bank balance a favour and be the first out the door. Despite all the share trading RGM produces no nickel and has not done so in twenty years at Mambare. No mining is going on at Mambare. Despite what the good doctor might say, RGM owns 0% of WoWo Gap. It owns a little of the debt in RMI, the owner of WoWo Gap project. RMI is currently applying for an Exploration License at WoWo; it could take 9 months. No nickel is produced at WoWo. No mining is taking place at WoWo. Be careful what you invest in. Be careful of the hype. You have more nickel in your kitchen cutlery than RGM has produced in twenty years at Mambare. That's why the Aussies have taken over and sidelined Parsons. You should do the same with RGM shares. |
Posted at 23/7/2020 13:26 by helpfull There are no nickel projects. RGM has a 41% interest in one project,Mambare It used to be 50% but through poor management it had to be reduced to 41%. That poor management is still in place. No nickel has ever been produced despite twenty years of involvement. RGM once had a 100% share in Mambare. You can see how this is going to end up. RGM recently bought some of the debt at WoWo Gap from Sinom a Chinese investor. It needed a cash raise to do so. It is thought RGM could pressurise the management of RMI, the owner of the WoWo Gap, and get a foot in the door. The major shareholder in RMI is Sinom, with 47%. Sinom is funding RMI to the tune of $55,000 a quarter. RMI is currently renewing the Exploration License at WoWo which can take up to 9 months. No nickel has ever been produced at WoWo. Be careful what you invest in.There are richer nickel deposits elsewhere, which are more accessible and much closer to the places where nickel ore can be processed. There is little likelihood either of these projects will be commercial. But investors will be paying huge salaries to the BOD until this is realised. |
Posted at 21/7/2020 09:23 by helpfull Whilst waiting for the next cash raise to arrive a quiz question. How many cash raises has Parsons and his C4 Energy amigos carried out at the companies they are involved in? Your answer should include RGM, Ascent Resources, CZN, Nuog,Coro Energy, Echo Energy and Sound Energy. Clue : there have been three cash raises at RGM in the last six months. Do not include the imminent cash raise coming to RGM in the near future. And a second question : how much profit have all those companies produced in total? Clue : the answer is the same as all the nickel RGM has produced at Mambare in the last 20 years. Zero. Zilch.Nada. |
Posted at 08/7/2020 07:51 by helpfull Why would Sinom want to fund RGM? This goliath already funds RMI at WoWo Gap. To the tune of $55,000 a quarter. Some goliath. The Truth of the matter is that Sinom is an investor in RGM because RGM have no funds and had to issue the usual paper. The usual lock in is because Sinom would offload the shares if it wasn't there. A reluctant investor. More shares to be issued in the next cash raise if RGM wants to buy more debt. Those shares will be competing with the shares that are coming out of "lock in" from previous share issues. A sorry tale. Pressure, for an already falling share price. |
Posted at 07/7/2020 18:26 by the_debt_collector Helpfull (recently 'joined' ADVFN 3 posts so far)Do you feel RGM will buy the rest of RMI debt and if so why, what is the purpose? According to RMI accounts most of the debt is convertible into RMI shares, do you think it is significant that Sinom are happy to take, what you and your bashing chums consider to be worthless RGM shares as payment for the debt, also prepared to be locked in to RGM for 12 months or more. If RGM acquire the rest of the RMI debt and convert it into shares surely, by default, RGM would be a majority shareholder in RMI and in effect have a large say in the future of the Wo Wo Gap nickel project. Surely an entity as financially strong, prudent and astute as Sinom would not take RGM paper unless it was going to appreciate significantly. The bashing community by trashing RGM are also trying to discredit a group the size of Sinom. New prospective investors need to decide who to believe, a group of anonymous multi alias bashers who have been working every RGM bulletin board for years or a group the size and scale of Sinom who are happy to take and hold RGM shares. |
Posted at 25/6/2020 15:32 by cheerleader miss jones The much talked about missing money is not in RGM bank account that is of course a lie , its in BMA bank account.Those 250-line kms of GPR need to be paid for , they won't test themselves.Mining lease applications ,EL1390 exploration licences renewals , environmental permits , management fees, closing exploration costs etc. etc. all need to be paid for and without delay this time around or RGM will face the consequences which will be much less forgiving then when they defaulted last time around. As always RGM shareholders are being left in the dark regarding present Mambare liabilities and overheads . Ever wondered why not a single photo has been presented of the new Mambare road to the top , the new base camp ,plateau GPR work etc.Yet as £25k "chicken feed" Cambridge PP deal generates 4 new electric pllion photos in the last presentation within days of completion. I suspect the JV partner is holding onto them until all the final payments have been made. Also no mention what so ever of Southport in the latest presentation ,looks to me to have been dropped never to be mentioned again .Another RGM failure and another £100k plus of shareholders money down the swannie . |
Posted at 22/6/2020 08:38 by the_debt_collector Amazing how determined a few individuals are to bash everything associated with Andrew Bell (no longer involved at Regency BTW) it is frankly rather futile, the man has made a fortune out of suckers like Torp who fell for Bell in the early days and now is almost certainly financially distressed as a result.Thing is RGM (and even RRR and POW) WILL have their day once again, in my view RGM is closing in on a material re-rate. No amount of trolling or bashing will stop buyers entering when you could be looking at 100%/200%/300% possible returns - any company sub £2m is a binary play, RGM looks interesting given the recent tie up with Shell and the Chinese strategic investor who holds 8% of RGM. Buyers will return and the share price will respond accordingly. |
Posted at 04/5/2020 13:23 by torp Bambos, resorting to stupid lies of multi-aliases and the lie is poor show.I see LSE admin removed a bunch of your posts today too. You're an habitual ramper of RRR and RGM and have been for some years whilst all the while the SP's of both companies were constantly destroyed. RGM has a new chairman but the original board member Scott Kaintz remains and while ever that is the case very few imho will regard this as a new company. Regardless, the new Chairman within moments of arriving set about doing what RGM has always done which is issue industrial levels of confetti. Before Christmas there were 1.5 billion shares in issue here and the share price was 0.35p Parsons issued over 7 billion more shares at 0.0275p thus making existing holders largely irrelevant and then did a colossal share consolidation on a 1-100 basis ! That put the share price up to 3p levels and the number of resulting shares was 86m. Today only 4 months later there are now already 168m shares in issue and the SP has been decimated down to 0.9p Catastrophic share price and value destruction The same decimation that dilution has always delivered over the past 10 years. Nothing has changed imho. Nothing will change imho. Since 2012 they have raised over £10m in cash from confetti issues In the same period they expended over £6.5m just on Admin. That's where the money goes. That's why there is never shareholder value. That's why nothing ever changes. RRR and RGM are for me personally nothing but "dilution pits". Here we are, 2020 amidst the worst virus crisis for years which is seeing thousands of people lose their jobs and struggle financially and your contribution to society is to pump POS stocks like RRR and RGM and lure naïve people into them. Shocking DYOR |
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