Regency Mines Share Discussion Threads

[kemche] 08/4/2020 17:08

Teddy, When can we expect the "flying" to begin?

[edward hopper] 08/4/2020 16:40

If your point is the BOD haven't invested much of their owe money into this , then yes you are right.

Of course there won't be consolidating with only 170M shares in issue.

[kemche] 08/4/2020 12:26

" IF a mining lease award over the Mambare project is recommended by the relevant PNG government agency in the next 19 months"

Just watch these fly after the 19 months!

[kemche] 08/4/2020 12:24

Teddy, Do you think they will re-consolidate the shares? And would you recommend that it become a monthly exercise?

And will the BOD "participate" in all future fundraisings?

Just asking for a friend.

[kemche] 08/4/2020 11:50

Yesterday's "manoeuvres" will be one of many to come. Many, many, many.

[kemche] 08/4/2020 11:48

It's the BOD that makes these a slam dunk buy in my book.
Never has such a finer group of honest men converged in one company (apart from all the other companies they converged at and made huge successes of).

And their "participation" in the recent fundraise tells you all you need to know.

More to come - that much is guaranteed. Nothing less. Much less.

[torp] 08/4/2020 11:32

You can only laugh.


As the 10yr chart attests, this along with RRR is just a sucker share imho.

Perpetual confetti generating companies who sell worthless confetti to naïve
mugunters who fall for the "jam tomorrow" ramping rhetoric. So glad I'm not
that sucker any more.





I'll be staying very clear of this one. It's toxic imho. Especially as they
still haven't ousted all the original BOD.

DYOR

[60000 muppets] 08/4/2020 09:49

"It's just a flesh wound"

[edward hopper] 08/4/2020 09:46

"All the loan notes are interest free and unsecured. The convertible notes are convertible into ordinary shares of RMI at a price of AUD 0.20, however the convertible feature of the notes under option would be removed prior to purchase by Regency."


$1,710,000 (debt purchased ) by AUD 0.20 should see us get 342,000 RMI shares current trading at 0.006 , netting a tidy $2,000 = 0.001% of RMI.

No worries here.

[edward hopper] 08/4/2020 06:33

Not 1 but 2 great deals in one day , Kaintz is certainly gaining a reputation like his predecessor for being a "deal maker".We have now doubled our exposure to nickel at the dawn of a depression / long recession no one knows yet.

The best bit that everyone appears to have missed is we still have the option to purchase a further AUD 3.05m debt at AUD 640,000 in cash and 23,711,018 shares equating to only 5p a share.

Furthermore we crazily have the right to convert the debt into RMI : ASX shares at 0.20c which are currently trading 33 times lower than that conversion price at 0.0060 cents.

Well worth the 87% dilution IMO

No worries here.

[kemche] 07/4/2020 14:15

How much did Parsons pay for the shares?

[kemche] 07/4/2020 13:59

Teddy, Are they proposing to fundraise on a weekly basis now?

[60000 muppets] 07/4/2020 13:13

Teddy to reception !!

[kemche] 07/4/2020 12:38

deacon, A lot more of the same to come. Ad infinitum.

[the deacon] 07/4/2020 12:13

You'd think Bell was still at the helm with that placing... Shocking.

[torp] 07/4/2020 11:29

Can only laugh at the uber lame multibag ramps. So very fickle.

The long history of RGM is exemplified in the charts.

Whether just 3 months, or 1 year or 10 years the result is always the same.
No multibagging, just perpetual share price destruction




The result of dilution and perpetual confetti generation and crazy amounts
expended on admin and other expenses.

DYOR

[kemche] 07/4/2020 11:20

Only a slight dilution. Watch these fly after the next 19 months!
They may need the odd fundraising but who would not support that?
Excellent news - whoosh.
etc

[leewink1] 07/4/2020 10:09

Lol, nice try ...

[simpletonremover] 07/4/2020 09:39

Far better than a 'no deal' and with a resource that's of use for a growing market.

Priced lower than a cash shell too.

Unfortunate surname for Scott, the CEO, though. ;o)

[leewink1] 07/4/2020 09:05

No one else buying then ? Lol

[leewink1] 07/4/2020 08:39

Nicely played rise, whether it'll hold ? We'll see later. Multi bag, not sure on what exactly.

[imjustdandy] 07/4/2020 08:32

Multi bagger from here. Tiny market cap and issues now resolved

[edward hopper] 06/4/2020 22:20

Exactly right Kemche ,theres only one way this is going and that's UP.

As Broken Arrow has stated ,we could multibsg from here just on a few trades!

Thank you Scott for all your hard work getting the Mambare deal through and saving us any court action we appreciate it.

[torp] 06/4/2020 22:01

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



Shameless rampers will continue spouting "jam tomorrow" nonsense for as long as
they can get away with it. Nothing ever changes. share price destruction.

Rinse repeat.

So very glad I don't fall for the ramping spiel anymore. This one is a very
big avoid for me. Same with RRR. Most of the money goes to salaries and
admin. Look at the figures above. Over £10m cash raised across those years
and over £6.5m of it went to Admin. Just laughable.

DYOR