Regency Mines Share Discussion Threads

[torp] 07/1/2020 18:45

Noirua - Shocking company stock pumper, wilfully misleading readers.

[seagullsslimjim] 07/1/2020 15:31

Noirua - you do spout the biggest load of delusional boll@cks on a BB that i have ever seen.

You're the bitter one as being exposed as a serial liar and outed at every point of juncture!

I wonder how your wife puts up with you (#prayforthewife)for being such an epic failure although maybe you are reflection part of the Bell family??

[noirua] 07/1/2020 15:07

I hope everything works out for investors in RGM. There are some posting here who consider they were shafted in the past or pretend they did not own shares previously - we know they did. Continuing to post in a roarer of extreme bitterness but failing to point a finger at themselves. Yes, they invested more than they could afford to lose and one held 13% of the shares of RRR - sorry to know of this but the past is gone. For heavens sake let it go.

[torp] 06/1/2020 22:25

Agree Swindon.

Picking a company with the dire reputation of the likes of Bell's RRR or RGM to
try and "re-invent" is for me an exercise in futility. Can't imagine what they
were thinking. There are just too many people wise to these particular companies
imho and who know the true history.

There's no doubt in my mind that at some point they will announce some kind of
news regarding one of the projects but I just doubt hugely that it will have the]impact they obviously hope it will. This is a share that has "cried wolf" far too
many times. Jam tomorrow "potential" is just not going to cut it here. Nobody
will care about RNS's with pithy words like "we hope", "we expect", "we anticipate"
they will be looking for concrete facts.

They will also be looking at what salary Parson's creams off and what level of
expenditure on admin and other expenses.

This initial mega dilution and share consolidation won't be seen as a fresh start.
It will be seen as a rinse repeat.

Parson's and other directors, for me, have to forego salary and curb expenses
to have even the remotest chance of fishing for punters here.

Parson's buy of 0.84% at discount is pitiful imho and not suggestive of confidence.

So we are a very long way from any kind of fresh start imho.

The nonsense ramping in the podcast is also sad to see and more indicative of a
rinse repeat scenario than a fresh start.

DYOR

[the_debt_collector] 06/1/2020 22:20

You lot will have a collective cardiac arrest if this goes up, what on earth will you all do if this gets to 10p+

[seagullsslimjim] 06/1/2020 21:56

Nice new ski slope forming on the main chart.

low 2's a possibility?

[swindon41] 06/1/2020 21:19

Well, the spike has been well and truly shafted - good thing imho as new private investors less likely to get caught out by the corporate stuffing that Parsons and his pal Fumagello had lined up. Maybe peeps aren't quite as stupid as they were taken for by this 'turn around' expert - or is that the great 'deal maker'?

[seagullsslimjim] 06/1/2020 16:27

KnWn - AWOL!

[kemche] 06/1/2020 12:19

KnWn - Unfiltered!

[torp] 06/1/2020 12:00

He's likely posting on other Beaumont Cornish nomad shares as seems to be his
habit for some unknown reason !!

SP has almost reached the post consolidation placing price which of course was
utterly inevitable. Can't imagine what people were thinking who bought at prices
over 3p/4p. Now staring at losses.

Question is, will there be more dilution?

Chairman Parsons only bought a 0.84% holding and bought at the discounted placing
price rather than on the market. It's hardly a confidence inspiring amount is
it given he's come in here to start something new. Neither was there any mention
of any other directors buying shares.

I choose to believe that means they know they will be diluting further from this
point.

When the directors dilute massively and have no personal skin in the game then
imho walk away.

DYOR

[seagullsslimjim] 06/1/2020 11:51

down again today - where's the great Uknwn poster gone to???

[torp] 05/1/2020 13:19

Notable that the Chairman has only bought a tiny 0.84% of the shares and did that
during the share issues so got shares at 0.0275p.

Other directors not mentioned.

That's certainly not a display of confidence and imho is the surest sign that
more dilution is coming.

SP is only going south imho

DYOR

[haff1] 03/1/2020 11:01

Wish I'd never seen RGM or bought in. Over my time with these I now need a share price of more than £128 per share for my small intial investment to even break even????

STAY CLEAR INVESTORS...

[torp] 02/1/2020 20:04

Seagull - "back down to the low 2's soon?"

Certainly. First the drop to the placing price(2.75p - post consol) and then continuing
from there imho. Just my opinion.

Note that 2.5 billion of the just issued 7 billion+ shares, the ones for Promissory Note Holders are locked
up for varying periods. As per the RNS:

"the investors have agreed to lock up the Promissory Conversion Shares, 100% of the total for three
months, 70% of the total shares for a subsequent six months, and 40% of the total shares of the
Promissory Conversion Shares for a further six-month period"

So in 3 months time they can, if they choose to, start selling those confetti
shares into the market. You can bet that they will want the share price to be north of
the 2.75p price so they can make an easy profit.

Then in another 3 months another chunk becomes available and so on.

It will be a drip drip feed that imho will keep the share price suppressed.

The problem is, when over 80% of the current share issue has been issued at
the post consolidation price of 2.75p, why on earth would anyone pay more
for shares?

So I guess the share price will drop to 2.75p pretty quickly and then either stay there
or fall lower. Depends if more dilution comes in the meantime.

The dilution game is not one I care to play in. Only the BOD and crony placees
win with their massively discounted shares. Of course there will be plenty of
ramp attempts imho, all jam tomorrow sound bites. Should be fun !

DYOR

[cheerleader miss jones] 02/1/2020 20:01

If a £30 million loan doesn't materialise then yes.

The only reason I can think of as to why the other directors didn't participate despite the fact that they said they would is because they know theres another placing around the corner .At least then its excusable ,Regencys DNI partners are not a bank and will need paying back for the work they have carried out or risk losing the asset altogether.

Regency have been thrown a life line but how long can Regency last before they end up exactly the same way as all their other previous investments?

[torp] 02/1/2020 18:55

And the amount Parson's bought, a mere 0.84% was pretty laughable imho.

Bought at the discounted price of 2.75p (post consol) to boot !

No confidence shown there imho

[cheerleader miss jones] 02/1/2020 18:14

Dec 5th RNS


"The Directors of Regency are unable to participate in the Placing due to the Company being in a close period at present, however the intention remains for the Directors to subscribe on the same terms when deemed appropriate and to participate in incentive arrangements. "



24 December 2019

"The Company announces that as part of the Placing, approved by shareholders, James Parsons, Executive Chairman, has purchased 727,273 New Ordinary Shares (the "Share Dealing")."


Only 1 director buying £20,000 worth of shares having clearly stated that the directors (plural) would be subscribing when the closed period was over was a huge warning sign for me .

[torp] 02/1/2020 17:39

There is a history to consider which is adequately revealed by the 10yr chart
which shows the devastating effect of constant dilution.

Failing that just look at the historical annual results:

ANNUAL REPORT RESULTS
=====================

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
2018 - Loss of £1,549,619 - raised £1,150,000
2019 - Loss of £2,607,978 - raised £240,000


Total raised above - £10,245,634


What a dismal track record, constant losses, £millions raised via confetti
issues and yet where did all that cash go?

This shows a failed business model that has been perpetuated for years.

It's a similar situation at RRR where Bell & Co also ran a similar business
model. Very lucrative for the BOD, utterly devastating for holders.

When a company only offers "jam tomorrow" fantasies and just dilutes holders
relentlessly, then I personally just walk away.

DYOR

[cheerleader miss jones] 02/1/2020 17:31

Short term everything rests on Regency getting a loan off the ground ,if they can do that the share price will rise IMO.If they can't then their battery storage business dream will have ended with only Mambare left as an asset.IMO Ion Venture conducting consultancy work ATM suggests to me better sites are being sourced as opposed to loans being persuade ,meaning it could be some time coming if at all , meaning the share price will continue a trend southwards.

I am starting to think this share is too risky for me and that it would be more prudent to wait and see if they can pull a large loan off first before considering taking the plunge here.Its all a little bit too make or break , they could be fair valued at £10M this time next year or £1M all depending on their ability to borrow £30M which might not be that easy .

[torp] 02/1/2020 17:14

Volume has really dried up imho

Just a smattering of buys paying imho silly money for discounted placing shares.

Each to their own

Shares were issued at 0.0275p (or 2.75p post consolidation)

Can't understand why anyone would pay more than that for shares TBH

DYOR

[1liam] 02/1/2020 16:38

KemcheGood for you. Enjoy it, stick some away and buy and sell a little. The most important thing, don't let rule your life.Happy New Year mate

[seagullsslimjim] 02/1/2020 16:37

i let Dianne Abbot invest my money here and according to her i have made a million!

[kemche] 02/1/2020 16:15

Liam - I did too.

Invested 50k
Final sell was 300k

I invested because of the genius that is Bell.

[1liam] 02/1/2020 16:10

Torp, your far to serious lighten up a little. It only money mate. Not the end of the world stuff.