Regency Mines Share Chat (RGM)

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Regency Mines	LSE:RGM	London	Ordinary Share	GB00BYVT4J08	ORD 0.01P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	-0.025p	-4.76%	0.50p	0.45p	0.55p	0.525p	0.50p	0.525p	3,010,031	10:48:04

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Mining	0.0	-0.5	-0.1	-	3.96

Regency Mines Share Discussion Threads

Showing 43826 to 43850 of 43850 messages

Chat Pages: 1754 1753 1752 1751 1750 1749 1748 1747 1746 1745 1744 1743 Older

Date	Subject	Author	Discuss
27/6/2018 22:40	Torp I'd close your ahort if I were you. The fact that AB has not tapped shareholders for funds for the Legacy Hill JV completely invalidates your argument. He secured a loan. Go back and read the rns again.	bernymadoff	Read Full Thread Reply
23/6/2018 17:35	backmarker - "AB said he didn't want to continue to tap shareholders for further capital...." Hilarious ! backmarker - "however, it hasn't been the shareholders he's turned to for funding, it's been the likes of Yorkville." Hard to believe anything will ever change imho. Whether shareholders, or Yorkville or so-called "high net worth" investors (cough) it's the same old story. Create money out of thin air with equity issues of various kinds, spend crazy amounts of money on Admin and other expenses. Regardless of whatever is said, the FACT remains that every year at the AGM AB puts in a resolution requesting authority to issue hundreds of millions more shares in the coming year. This year he requested authority to issue up to 600m more shares. At RRR it's up to 500m more. When he stops doing that then you'll have something to shout about, but we all know it won't stop any time soon imho.	torp	Read Full Thread Reply
23/6/2018 14:38	Topicel, Things do 'feel' interesting after a year's wait in the coal arena. As backmarker says, as long as the dilution days are over and Yorkville don't get a sniff of us, we should get some reward here at last. Amen to that! I think the tide is about to turn, next week may well reveal a met coal deal. The $3m is already in the JV account ready to go and the interest rate clock is now ticking @ 10% to me that says a deal is immanent else why would you draw down on the cash.	graylyn1	Read Full Thread Reply
22/6/2018 21:11	Of course the proof will be in the pudding, but this does begin to feel like the days when AB was actually a bit of a Midas with his wheeler dealing in the commodity space and RGM (and RRR) multi-bagged often. Mainly between 2009/10 when the commodity cycle was rolling along at a pace, but there are signs that too is coming back a little. Things do 'feel' interesting after a year's wait in the coal arena. As backmarker says, as long as the dilution days are over and Yorkville don't get a sniff of us, we should get some reward here at last. Topicel	topicel	Read Full Thread Reply
22/6/2018 15:14	Back... this is very short term! not a death spiral, AB says he intends to repay this pretty quickly from either cash raised by warrants or/and sale of other assets as appropriate.	graylyn1	Read Full Thread Reply
22/6/2018 15:07	I noticed in the podcast that AB said he didn't want to continue to tap shareholders for further capital.... however, it hasn't been the shareholders he's turned to for funding, it's been the likes of Yorkville. still, if that's now history and RGM can survive without more cut-price dilution ( - existing warrants should bring in capital at a higher price than current) then I'll be pleased. loans may be necessary, but longterm we need to release cash from existing assets.	backmarker	Read Full Thread Reply
22/6/2018 14:50	very large coal deal on the horizon, a JV between RGM and Legacy Hill all funding is in place and this is believed to be a producing asset news is now immanently expected. RGM 47% LH 53% Regency Mines PLC JV with Legacy Hill Resources and Loan Agreement 06/06/2018 7:00am UK Regulatory (RNS & others) Regency Mines (LSE:RGM) Historical Stock Chart 1 Month : From May 2018 to Jun 2018 TIDMRGM RNS Number : 4153Q Regency Mines PLC 06 June 2018 Regency Mines Plc ("Regency" or "the Company") Update on Joint Venture with Legacy Hill Resources Incorporation of Mining Equity Trust, LLC Company Signs US$1,600,000 Loan Agreement 6 June 2018 Further to the announcements of 6 December 2017 and 27 February 2018, Regency Mines Plc, the natural resource exploration and development company with interests in hydrocarbons and base metals, announces that that it has now, in accordance with the co-operation agreement announced on 6 December 2017 and the joint venture agreement ("JVA") announced on 27 February 2018, has deposited US$2,000,000 in escrow pending completion of the joint venture funding. This is its agreed share of joint venture funding under the JVA, and Regency will hold 47% of Mining Equity Trust (MET), LLC ("MET") the new Delaware-incorporated limited liability company in and through which Legacy Hill Resources Ltd ("LHR"), a privately owned mining company, (as majority shareholder) and Regency (as minority shareholder) will hold their interests in the previously announced metallurgical coal joint venture. This 47% stake represents Regency's proportionate share of cash contributions after the 30% management share held by LHR. The purpose of the Joint Venture ("JV"), as previously announced, is the structuring and financing of acquisitions in the U.S. metallurgical coal sector, and their subsequent management and operation. The assets of MET at inception are the cash contributions of the JV partners. The contribution of Regency to the JV has been funded in part by a US$1,600,000 loan provided by Cuart Investments PCC Ltd and YA II PN, Ltd and arranged by Riverfort Global Capital Limited (the "Note"). Background of Legacy Hill Resources Legacy Hill Resources is a mining company founded by D. Saradhi Rajan. It has a multi-disciplinary team focussed on technical and operating expertise and uses a low risk, cashflow focussed approach to build assets with strong growth prospects. Details of the Note Regency has agreed to borrow gross proceeds of $1,600,000 (net $1,520,000) from institutional investors in order to fund a portion of its obligations under the JV. The loan will carry a 10% interest rate and be for an initial term of six months, and is subject to an implementation fee of $96,000. A further six-month extension available for a 5% fee. If extended, the loan may be converted by the noteholder at a fixed price equal to 130% of the 10 day VWAP prior to the initial repayment date/date of the available six month extension period (the "Fixed Price"). If the loan is extended past six months a payment schedule will be applicable and the payments may be paid in either cash or shares at the discretion of the Company. If paid in shares, the payment amount will be convertible at the lower of (i) the Fixed Price, or (ii) a price equal to 90 per cent of the lowest daily VWAP over the five trading days immediately preceding the date of the relevant payment date. The Company has the right to prepay the loan at any time in full for a 3% redemption fee, provided that after the First Repayment Date the Company may only prepay the loan if the stock price is trading below the Fixed Price at the time of prepayment. The lender will further receive three performance bonuses: $50,000 payable if the Company's VWAP exceeds GBP0.008 for ten consecutive days $50,000 payable if the Company's VWAP exceeds GBP0.01 for ten consecutive days $50,000 payable if the Company's VWAP exceeds GBP0.0125 for ten consecutive days. These bonuses will be payable at any time in the next two years that their payment conditions are fulfilled. Andrew Bell, Regency Chairman, comments: "In announcing that we have fulfilled our funding obligations under the Joint Venture Agreement, we take another small step in the gradual building out of our metallurgical coal mining interests in the U.S. We expect to make further announcements in relation to our coal investments, including in the Rosa Mine, shortly. The Loan Note has enabled us to carry out this funding without liquidating our marketable holdings, including our strategic holding in coal bed methane producer Curzon Energy plc." This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014. For further information contact: Andrew Bell 0207 747 9960 Chairman Regency Mines Plc Scott Kaintz 0207 747 9960 Executive Director Regency Mines Plc Roland Cornish/Rosalind Hill Abrahams 0207 628 3396 NOMAD Beaumont Cornish Limited Jason Robertson 020 7374 2212 Broker First Equity Limited This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.	graylyn1	Read Full Thread Reply
22/6/2018 12:38	Something stirring??!!	richardjohn10	Read Full Thread Reply
14/6/2018 19:58	melodrama - "reckon some cute Insti shareholders are stake building for a take out" Pretty sure that's been tried before either here or at RRR. A swift issue of millions more shares puts pay to such attempts imho.	torp	Read Full Thread Reply
14/6/2018 18:56	Good news from UKOG re O/G Approval secured for Extended Well Tests at Horse Hill. RGM had 74,733,096 shares in ALBA. Alba is the second largest stakeholder in the Horse Hill licence, with a net 11.77% holding. This news should help to get the ALBA share price moving, which would mean more cash towards repayment of coal funding for Regency Mines. hTTps://www.voxmarkets.co.uk/company/ALBA/	graylyn1	Read Full Thread Reply
13/6/2018 18:51	Corporate Presentation 2018 update April 2018 hTTps://www.regency-mines.com/wp-content/uploads/2018/04/2018.04.23-RGM-CorpPres_FINAL.pdf	graylyn1	Read Full Thread Reply
13/6/2018 17:17	Interestingly we have closed above the late Feb 2017 price prior to the Rosa spike taking us almost up to 1p very quickly. Significant finish or not? Topicel	topicel	Read Full Thread Reply
13/6/2018 17:13	During that presentation in May AB's partner in crime - and very good he was too for a change, even though AB had his eye on him - indicated plenty of significant news was coming down the pike... The coal deal and the Mambare deposit are definitely worth having and if stakebuilding is happening I can't see how they will be rumbled until they're ready. Maybe in cahoots with the Johnsons'? But the 3% line has to be declared. Even AB would hold out for more than 1.2p methinks. Lol. Nit yes, for a couple of months this has looked 'in play'. Topicel	topicel	Read Full Thread Reply
13/6/2018 14:24	RGM has had rag bag negative sentiment for decades, reckon some cute Insti shareholders are stake building for a take out. A Bell will wish he had bought more than the odd £5k lot recently.	melodrama	Read Full Thread Reply
13/6/2018 13:53	starting to move along now, coal deal any time!	graylyn1	Read Full Thread Reply
13/6/2018 13:30	Larger players look to have been accumulating while the less patient small investors sell out. The value of the asset at Mambare looks to be hugely undervalued in the market cap and the likelihood of decent revenue from coal hasn't been fully taken into account. All it needs is some deal on a key asset and we could easily see 1.2p again and possibly more. Investors prepared to take a longer term approach ought to be rewarded.	mostyn	Read Full Thread Reply
13/6/2018 11:32	Looking at the vols since March, blue days, someone is quietly hoovering up all spare stock. Wouldn't be surprised to see them flushed out with a WHOOSH when they've been rumbled.	melodrama	Read Full Thread Reply
11/6/2018 19:07	oh and don't forget A.Bell purchased 3 million shares last year at av 1.15p each hTTps://irpages2.equitystory.com/websites/rns_news/English/1100/news-tool---rns---eqs-group.html?article=25783514&company=rgm hTTps://irpages2.equitystory.com/websites/rns_news/English/1100/news-tool---rns---eqs-group.html?article=25786379&company=rgm and now holds a total of 33,615,215 4.25% at 4th June 18	graylyn1	Read Full Thread Reply
11/6/2018 19:03	Well last year the RGM share price ran up to 1.2p with the excitement of ROSA coal mine, sadly that has not worked out and the deal has so far not been of benefit to shareholders. However LH seem to be very thorough in their due diligence, they have spent a lot of time on this with RGM and hopefully this will now start to move us forward with the first JV deal in met coal, the JV now have the $3m cash ready for a deal which I think could now fall due ANY day. I am of the impression that this will be a MUCH larger project than ROSA and it is a WORKING met coal mine, no further funding will be required either according to AB in the recent pod cast. Fingers crossed, If its a good deal RGM could be attacking 1p very quickly imo. fully diluted 1p would give a mkt cap of just £12m ( Mambare is also to start up pretty soon, AB flies over there at end June) He is in talks with several parties now that the Nickel price has started to move! and states that as soon as the first coal deal is fully underway Regency will fully focus on the nickel/cobalt project of which they have only touched 3% and the company believes that there is a chance of finding higher grades as the jorc which they now have was done on an easy access area at the time. current mkt cap just a tad over £4m makes this a VERY interesting company as the coal deal ( assuming it goes ahead )should transform the company into a producer!	graylyn1	Read Full Thread Reply
11/6/2018 18:28	lots of positivity surrounding the MET coal investment.	bambos22	Read Full Thread Reply
11/6/2018 16:51	Nice summation indeed. Now we sit and wait to see if it happens. On paper, it works, let's see on the ground... There is definitely a more upbeat feel about this prospect now though imho. Topicel	topicel	Read Full Thread Reply
09/6/2018 13:07	A great post from another BB okenia Posts: 9,417 Off Topic Opinion: No Opinion Price: 0.525 RE: $3m not $1.6m Today 08:41 Booboo: "I see now ,well obviously you can buy a coal mine for $3M." Yes, you can as it happens. These sort of deals are done as production-based defcons. The issue with an industry that's emerging out of a low is that you've lost much of the workforce - it's been dissipated. If you want to expand and bring mines back into production, you need good teams. Unfortunately they're not readily available, just sitting around twiddling their fingers. The result is a load of assets where the bottleneck is the vendor (often simply the landowner who happens to have the hill of coal on their patch) being without the skill themselves to mine it, and unable to bring together a good team to do so. The solution to this common issue is a production based, staged payment. An initial payment to secure the deal, followed by annual payment dependent on production and revenue. In essence the vendor and operator share the revenue for the first few years, then it transitions to the operator taking 100% in later years. This is good for the vendor as what the purchaser must bring to make this work is that missing team. And it's good for a purchaser that doesn't have very large amounts of capital to deploy, BUT does have the technical and management skills to run a mine (eg LH). As with all good deals, it's good for both parties. Allowing for some spare cash at MET for working capital, a bit of start-up opex etc, then I'd say $3m would be enough to get an asset with a total value of in the ballpark of $50m. That's by nearology with other deals I've seen in the area so is very very rough! What RGM are doing is giving LH greater firepower so that they can go for bigger assets. A big asset takes similar management time to a small one, but generates more money and so your over margins are likely to be better. The JV between RGM and LH is thus good for both parties, too. Vendor, LH, RGM. Win-wins all round. That, booboo, is how you buy a mine for $3m.	graylyn1	Read Full Thread Reply
08/6/2018 22:29	This is the latest podcast, answers some important questions about the coal JV hTTps://audioboom.com/posts/6887771-andrew-bell-chairman-regency-mines-plc-aim-rgm	graylyn1	Read Full Thread Reply
07/6/2018 22:13	post 15200 yes I agree!	graylyn1	Read Full Thread Reply
07/6/2018 17:32	Topicel, AB explains things on share-talk podcast.	mostyn	Read Full Thread Reply

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