Regency Mines Share Discussion Threads

[kemche] 06/4/2020 16:37

Watch the flying begin. Finest collection of men on the BOD. Honest as the day is long and only have the concerns of shareholders at heart as they have proved endlessly and repetitively. This will only end well.

Gla Lth'ers!

[brookemia] 06/4/2020 16:08

ollycromwell
Posts: 249
Price: 0.475
No Opinion
RE: Chew chew chooToday 15:40
Mr Partridge at his best,---- can't fault what you say absolutely spot on . This type of thing happens all the time on AIM , worst case is consolidation, then destroy the share price, rinse and repeat . no effective regulation on this market at all , the directors just get away with it . all new investors to AIM stocks have to understand this is not a level playing field, it's a mine field, before they dip their toes in they need to understand the dangers , and don't get me started on company name changes .
ReplyRecommendReport Post
partridge
Posts: 2,001
Price: 0.425
No Opinion
Chew chew chooToday 10:35
That's the gravy train leaving the station. Without Mr Menzies. He was paid £263,000 last year with a £223,000 bonus on top. Who paid him that exorbitant amount? The remuneration committee of course. They like to reward themselves handsomely. It is only shareholder money.

Mr Parsons was awarded £68,000. Over £1,000 a week and more.
Marco Fumagalli was awarded £40,000.
Fiona was awarded £40,000.

They have plenty of other directorships etc between them. Many at the same companies. Incestuous or what? According to the recent RNS Mr Parsons, Marco and Fiona are to defer 25% of their respective remunerations for 3 months. They don't lose it, just defer it. And then will be given it back when you aren't watching. Cozy. All they have to do for the next year is look after the cash for the interest payment to bondholders. Most else is shutdown. Shares anyone? Mug punters apply here.

[broken_arrow1] 06/4/2020 16:01

Recent raise was at 2.75p, agree with above the fall does seem overdone.

Many juniors are bagging on small volumes right now.

[silverspoon2009] 06/4/2020 15:06

Kaintz said he expected the share price to be far higher than 3p in a few months, was this hogwash or does he know something the market does not ?

The fall does seem overdone.

[bambos22] 06/4/2020 15:02

YES... News incoming

[60000 muppets] 06/4/2020 12:28

Excellent news. Thanks Teddy

[edward hopper] 05/4/2020 21:57

Corner stone investor/s scheduled for this quarter and trading below cash raised from a placing only 3 months ago.

We are also presently exploring for the first time in 10 years.

Great buying opportunity ATM , we are less than 3 times the last placing price ...only 3 months ago

Remember : We own 50% of 100's of billions of £ of nickel fully funded for 2019-2020.

No worries here.....

[60000 muppets] 03/4/2020 13:37

Where's Teddy the Hopster gone ?

[kemche] 02/4/2020 10:07

Once the aviation industry is saved then watch these fly!

[torp] 27/3/2020 11:52

The salient numbers from today's Half Year Report:

Cash in the Bank ------- £40,000
Trade and Receivables -- £836,000
Total Curr Liabilities - £1,151,000
Revenue ---------------- £0
Admin Expenses --------- £371,000 (of which £179k is wages, pensions, consultants)
Finance Costs ---------- £222,000

Total Loss For The Period - £636,000

Admin Expenses are therefore equiv to £742,000 a year. That's how much cash
needs to be raised every year just to keep the gravy train running ! Remember
this is an AIM tiddler whose MCAP is not even £1m (£988k) !!! Yet they
expend the equiv of £742,000 a year on Admin ! Ridiculous imo.

The equiv of £358,000 every year is needed just to pay the wages, pensions and
consultants !!

The equiv of £34,000 a year is spent on travel !

The long term charts show admirably what effect this kind of management expenditure has had on the
share price. Continued share price devastation.

It was a huge mistake imo to not remove the old BOD in its entirety.
Consequently I don't expect the future to be any different from the past.

For me personally, it's totally uninvestable

DYOR
.

[bambos22] 27/3/2020 10:44

Matter of time.... booooom to the skies

[kemche] 27/3/2020 10:31

Yes but once they raise the money, reduce the costs, get sales and make a profit then we will see!

Watch these fly!

[torp] 27/3/2020 10:28

lol Bambos ! What a chump

[bambos22] 27/3/2020 09:08

Now is the time to buy!!!!!!!!

[torp] 26/3/2020 14:17

Historical performance here is dire, just as with RRR.

Pick a chart, any chart and look at the share price destruction caused imho by relentless dilution and preposterous levels of expenditure on admin.





One for the mugs imho

DYOR

[60000 muppets] 25/3/2020 08:29

1.3p is the new 3p eh tedward

[kemche] 25/3/2020 00:19

April fool's day? Sounds apt.

[edward hopper] 24/3/2020 21:25

Nice confident buying @ 1.3p , DT Twitted he's not going a long with this nonsense and it will be normal service resuming 1st April.

[leewink1] 24/3/2020 14:58

Probably given up with it.

[kemche] 24/3/2020 10:23

The should consolidate the shares and do a fundraising and then watch these fly.

Where is everyone?

[torp] 19/3/2020 12:08

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


Investable??? I'd say not personally

DYOR