Regency Mines Share Discussion Threads

[kemche] 19/3/2020 11:14

Whoosh! The flying has begun!

[torp] 19/3/2020 10:46

Staying at home is the best course of action at the moment

[brookemia] 19/3/2020 10:39

ALL BRITISH CITIZENS ENTITLED TO CLAIM £100 POUND A DAY TO STAY AT HOME TO AVOID SPREAD OF COVID-19
15th March 20201 Min Read
All British Citizens Entitled to claim £100 pound a day to stay at home to avoid spread of COVID-19 novel Coronavirus starting from March 17, 2020. The Government grant pay is accessible to all no matter employment status. Read full article here on how to claim:

hxxps://external-preview.redd.it/vxPXEGgL4v8mCGw06IFGsmJNtqWQg-z60xQQ79dHKPY.jpg?auto=webp&s=db7685262e9b352a4888e547f52a244e2ea2cb9f

[torp] 19/3/2020 10:16

Economy will take a huge hit globally

[kemche] 18/3/2020 15:44

All flights have been grounded.

[kemche] 18/3/2020 11:16

Finest BOD - even by the woeful standards of Aim!

[torp] 18/3/2020 09:16

Poor old Hopper

Done his money good and proper.

This is nothing but a confetti issuing share and always has been. Mugs game.

The charts do not lie, it's a constant loss of value and share price destruction




DYOR

[cheerleader miss jones] 18/3/2020 08:28

If the share price carries on falling from here we will very quickly be back to square one.

The question then will be whether theres enough appetite from shareholders for yet another placing without any of directors coming on board for the journey.

Will this much lower share price jeopardise our Liverpool grid plans?

Given that good news is never withheld but bad news can be , have the JV talks not gone to plan and are we in a situation where we helplessly have to witness the JV partner continuing to throw more and more money at the project diluting us further and further again ?

Yesterdays share price fall could restrict us further in our ability to contribute to our share of the PNG costs and we could find ourselves leaving an Australian court room holding 30% less in Mambare then when we entered .

[60000 muppets] 18/3/2020 08:09

Let the share price do the talking Eddie.

[edward hopper] 18/3/2020 06:47

Less than a £1000 of sells has caused RGM biggest ever one day fall leaving us at exactly half our placing price.

With everyone at least 50% down from here one way shareholders could receive a boost is a director share dealing .


Nigel Burton - 0.14%
Ewen Ainsworth- 0.21%
Scott Kaintz - 0.29%
James Parsons - 0.84%

[torp] 17/3/2020 19:23

SP 35% down

Just lols

Poor Hopper . . . .!

[60000 muppets] 17/3/2020 18:11

edward hopper17 Mar '20 - 10:35 - 16303 of 16314
0 0 0
Lets let the share price do the talking



Hahahahahaha comedy gold

[kemche] 17/3/2020 17:18

And he was right!

[edward hopper] 17/3/2020 17:14

Don't forget what Scott predicted only 2 1/2 months ago "3 months from now and the share price will be a lot different than it is today"

[leewink1] 17/3/2020 16:00

Yea great, and they say next year at earliest it "may" pass, I still say the whole markets shafted now.

[kemche] 17/3/2020 15:58

The greatest buy opportunity everest ever!!!
The flying has been postponed because of the virus along with the rest of the aviation industry.

[leewink1] 17/3/2020 15:45

Looks like the whole markets f'd now ...

[edward hopper] 17/3/2020 15:42

Great buying opportunity ATM....

[kemche] 17/3/2020 12:08

All updates here are meaningful.
Apart from the fundraising ones. Which are the least meaningful of all.

[edward hopper] 17/3/2020 11:55

Last meaningful update 22nd Jan , expect great news shortly on our 50% interest in PNG.

[kemche] 17/3/2020 11:26

Torp, A top notch, world class BOD does not come cheap.

[torp] 17/3/2020 10:57

Way too much history here for people to believe anything will ever change imho



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

2012 - Loss of £2,112,350 - Admin £1,091,108 - Cash raised £907,090
2013 - Loss of £5,166,017 - Admin £1,224,013 - Cash raised £3,327,678
2014 - Loss of £1,508,812 - Admin £881,947 - Cash raised £1,212,805
2015 - Loss of £5,888,742 - Admin £964,761 - Cash raised £1,049,765
2016 - Loss of £1,965,722 - Admin £594,733 - Cash raised £781,595
2017 - Loss of £534,267 --- Admin £414,943 - Cash raised £1,576,701
2018 - Loss of £1,549,619 - Admin £735,697 - Cash raised £1,150,000
2019 - Loss of £2,607,978 - Admin £652,918 - Cash raised £240,000

Total Losses above - £21,333,507

Total Admin above - £6,560,120

Total raised above - £10,245,634


Just unbelievable really. Company currently has a paltry MCAP of approx. £2m

Yet still manages to find ways to expend £652k just on Admin alone !!

Must get through a ton of paper clips !

DYOR

[edward hopper] 17/3/2020 10:47

Scott Kaintz, CEO, commented: "I am delighted to report the first substantial exploration activities at our Mambare nickel-cobalt project since 2012. The works underway currently focus on exploring the primary target of the plateau and on allowing the project to transition from short-term exploration licences towards a longer-term mining lease.



We believe a future direct shipping ore ("DSO") operation at Mambare will perfectly position us to benefit from the strongly growing demand for battery metals."



Line Cutting and GPR Exploration Programme:



Oro Nickel, a joint venture between Regency Mines plc and Battery Metals Pty Ltd, commenced line cutting operations at Mambare during 2019 and is delighted to report a total of 230km line cuttings are now complete. A GPR programme has been initiated with 21 staff and 3 GPR units on site supported by the Canadian company International Groundradar Consulting Inc.



Oro Nickel expects the GPR field work will be largely completed on site by the end of Q2 2020. Processing is to be handled in Canada, with the release of final data from these efforts likely later in 2020 after which the Company will issue an update on the results. Additional work is also targeted during 2020, including planning for roads and local infrastructure as well as related aerial surveys.



Licensing and Permitting:



An application to renew the EL1390 exploration licences, encompassing the project, was submitted to the PNG authorities in March 2019 and is expected to be renewed during 2020 covering the period up to June 2021.



Oro Nickel is also currently progressing a plan to upgrade the existing exploration licence to a mining licence based on a DSO operation. This DSO operation would consist of excavation and export of raw ore so will involve no processing plant, no chemicals, no pipeline and no tailings.



The Company is delighted to report Oro Nickel is progressing both the Mining Lease application and the associated environmental permit application.



Oro Nickel Joint Venture Partner Update:

Recent activity at Mambare has been led by Oro Nickel Joint Venture partner, Battery Metals.

Following recent meetings, the Company and its partners are aligned on the forward activity plan for Mambare and also potentially for further battery metal acquisitions. Discussions are underway between the partners regarding the budgeting and funding of the Mambare project. These discussions include exploring various alternative JV structures, including a re-framed JV arrangement and potentially the pooling of both partner's interest in the project. The Company expects to conclude these discussions during the course of Q1 2020 and will update shareholders as appropriate.