Regency Mines Share Discussion Threads

[kemche] 29/4/2020 12:28

10p at least surely?

[space_dust] 29/4/2020 12:26

£1.4m m/cap is balmy.

It's cheap, 3p+ coming soon enough.

[grimreaper2019] 28/4/2020 22:29

Torp

Cash raised over 8 years is very much the norm for most AIM companies, ditto the admin costs, share price graph, and losses.

The game has changed, buy the dips and sell the spikes, they happen even at a dog like RGM.

[torp] 28/4/2020 21:55

The reason for the destruction 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 look at the £millions expended on Admin alone. That imho is why there
is never any shareholder value delivered. For a company with naff all income
those are staggering levels of money to be raised just to support Admin.

Remove the entire original BOD and maybe just maybe this would have a chance.

DYOR

[torp] 28/4/2020 21:53

The 10 year chart here.

Mass share price destruction



.

[torp] 28/4/2020 21:52

Bambos is very much a known quantity

Has shamelessly pumped RRR and RGM for a number of years now.
He really should declare his position at the place he works imho

I would consider myself a complete idiot to follow any of his ramping rhetoric
and go off buying shares here on the back of it.

More confetti will be coming of that I have absolutely no doubts. These
people will pump the share relentlessly before those placings. I won't get
caught thanks very much.

All one has to do is look at the Annual Reports to see how the company operates.

That's why characters like Bambos try to steer people away from the history and
well established MO of the company. It's a tale of constant dilution, endless
confetti, continued salaries taken by the BOD despite yearly losses and lots of
precious cash expended on Admin and other expense. But no worries they can
always keep issuing more and more confetti to get more cash . . . .

Just so long as there are naïve mugpunters out there to buy the confetti on the
back of wild hopes and dreams of "jam tomorrow" and multibags galore.

Don't be that mugpunter imho. I certainly won't be.


DYOR

[kemche] 28/4/2020 16:33

They must have started selling the nickel.

[silverspoon2009] 28/4/2020 16:08

Just £4k of stock sitting at .85p then it moves up.

[mrmcnee] 28/4/2020 15:51

Like I said management put in £40k recently buying at .80p, you can assume that is the bottom.

It's a buy down here, assuming you can get any.

[the_debt_collector] 28/4/2020 15:47

The free float is still very low, can see a squeeze coming, it will not take much volume to move this up.

Many minnows are re-rating, 3p would only equal £4.5m m/cap.

[leewink1] 28/4/2020 14:14

Crack on then ...

[silverspoon2009] 28/4/2020 13:16

The book is moving positive - premium being demanded on size (over £4k of shares)

Yesterday you could buy £15k in one hit and below offer.

[bambos22] 28/4/2020 13:10

Not discounting the two million buys yesterday...

[leewink1] 28/4/2020 12:50

Blimey, go easy, on one 100k buy lol.

[bambos22] 28/4/2020 12:46

BLUE ... Upside

[bambos22] 28/4/2020 12:45

Your point?

[cheerleader miss jones] 28/4/2020 12:42

bambos22 - 21 Apr 2020 - 19:12:59 - 16407 of 16511 Regency Mines 2010 and beyond - upside limitless - RGM
Resource sector about too go crazy.. New acquisition on the cards... Lithium, gold...mmmm

bambos22 - 09 Apr 2020 - 17:53:15 - 16383 of 16511 Regency Mines 2010 and beyond - upside limitless - RGM
Communications from company forthcoming next week!

bambos22 - 06 Apr 2020 - 15:02:25 - 16349 of 16511 Regency Mines 2010 and beyond - upside limitless - RGM
YES... News incoming

[kemche] 28/4/2020 12:26

Will they be buying after raising more money?
If SK himself said it then it must be the truth.

[bambos22] 28/4/2020 12:20

SK himself mentioned lithium I think in a recent proactive you tube video.. Not me. I agree that they will be looking at distressed assets in the cheap to build the battery metals portfolio... strong buy from here 1m mcap

[cheerleader miss jones] 28/4/2020 11:10

Bambos barely even took part in the 2.75p placing but played a big role in getting it off the ground for the company ,he obviously doesn't do that work for nothing.

One minute he tries to pretend he isn't a company insider and the next he is posting a heads up about acquisitions ,gold , lithium etc.

You can't have it both ways.

[kemche] 28/4/2020 10:59

It's been three weeks since the last fundraise - surely time for another one. It's only fair. They have one so infrequently. Poor mites.

[60000 muppets] 28/4/2020 10:18

Fund raising incoming. Absolutely nailed on once the posting level increases for no apparent reason.
So transparent...laughable.

[the_debt_collector] 28/4/2020 07:53

RGM shafted those well healed investors who backed the new management at 2.75p a share in the late December fundraise by placing again at a mere .80p - therein lies the opportunity for new entrants.

I suspect 'the market' will allow those folk a way out soon enough, it happens, best ignore the negativity for a while, take positions and await 'developments'

Can see this heading to 3p in shortish time, it does not take much to move these micro caps does it, a rise will be manufactured no doubt about it !!

[edward hopper] 27/4/2020 22:05

Bamboo is right "but when the market turns in favour of the junior resources it will be rocket time."

Junior resource recovery will off course recover eventually once the overall market recovers ,but whats critical here is how long that recovery is going to take .

(On average 4.6% dilution per month)

Realistically by the time we see the share price at 1p again we could require an over all valuation of £3- £5M to achieve that price .