Regency Mines Share Discussion Threads

[broken_arrow1] 27/5/2020 23:28

I notice they have the not taken a pay cut or a freeze to save money like many AIM directors have done due to virus issues.

I suppose the wait will be a long one to hear, in 6 months they burned £370k on admin alone according to the latest interim statement.

Cost cutting is not Kaintz's style.

[torp] 27/5/2020 23:25

Wooooooosh.... Kkkkkerchiiing . . . . but only for the directors and cronies


Tick tock, when is the next batch of utterly worthless confetti?

Sucker share imho


DYOR

[bambos22] 27/5/2020 22:55

News around the corner... Wooooooosh.... Kkkkkerchiiing ?????

[kemche] 27/5/2020 22:50

Kaintz by name........

FCA!

[bambos22] 27/5/2020 22:47

Lol... what a fanny you are. He will do an investor presentation once social distancing allows.. In the meantime he has done and audio and video presentations..

[broken_arrow1] 27/5/2020 22:41

There is a reason Kaintz no longer does live investor presentations, he does not want to front up to the army of disgruntled shareholders.

Basically he is in hiding, the same can be said about Bell at RRR who was never shy of such events but has not done one for years.

Recently they have an excuse, how convenient, however they still spent an amazing £40k on 'marketing' in the last 6 months.

[cheerleader miss jones] 27/5/2020 22:09

Great post Goldenshread ,interestingly Bell was supposed to have been ousted by the same crowd from RRR too but has cleverly glued himself to the chair with the POW deal taking advantage of the Mick Nott non - executive bias . A bias he lost at RGM when Edmundson was removed at RGM.

[goldenshread] 27/5/2020 21:23

RNS on 27th March suggests the new team having access to capital, share price was around 2.5p at the time, in April they place stock at .80p, what a mixed message, any muppet can get 'access to capital' by going to a bucket shop broker.

The blame here surely rests with the legacy shareholders, they had the chance to remove Kaintz but decided not to, how strange, well now they can kiss goodbye to nearly all their cash.


'With a new team in place bringing access to capital and potentially new projects, the Company is well posited for success'

[cheerleader miss jones] 27/5/2020 18:42

"I'd have to be clinically insane to put my money into such a dilution pit
especially when there are blue stocks everywhere multibagging now as we come out
of the virus crisis. Look at the travel sector. It's all starting to rise again.
Look at the entertainment sector. All starting to rise again. Look at the
cruise ship sector, all starting to lift off again."

Thats a very interesting point you have made thanks.

[torp] 27/5/2020 15:20

Already been consolidated twice !! 1-20 and 1-100

Wonder if they are considering consolidating for a 3rd time !!

What a crock.

[torp] 27/5/2020 15:10

Good grief, one thing is for sure

If someone is wasting money hiring boiler room fools like Bambos to pump the
stock then surely they should be asking for their money back ! I mean the drivel
comes right out of Ramping 101 for Dummies !

Seriously anyone who falls for Bambos's pathetic spiel thoroughly deserves to
lose their money here.

The facts once again. From 2012 to 2019:

Total losses of £21m

Cash Raised over £10m

Spent on Admin over £6.5m


The very definition of a lifestyle company.

A total and utter avoid for me personally

DYOR

[kemche] 27/5/2020 12:51

This has been declining since 2010 in anticipation of COVID - buy!

[bambos22] 27/5/2020 12:38

Pre Covid ya muppet... All stocks have crashed post pandemic.. RGM now at 1mcap will have an almighty re-rate.. BUY

[kemche] 27/5/2020 12:12

when the CEO tells everyone 'we are not a 3p share'

He was totally right though! They are NOT a 3p share. You can't say fairer than that!

[goldenshread] 27/5/2020 12:06

It has a £1m m/cap for a reason, when the CEO tells everyone 'we are not a 3p share' implying strong gains, then a few weeks later places stock at .80p, what a complete baffon.

They need to deliver some decent news, cannot even see what the plan is other than pay wages and crony costs associated with AIM.

[bambos22] 27/5/2020 11:13

Andrew Bell was hounded out of RGM and has been ridiculed by most of the investment communicating.. Now Stiffnipple cheerleader Jones wants to mark his final words on RGM as some sort of prophetic wisdom... Can't have it both ways...One way or another RGM is no longer the company it was before. STRONG BUY.. 1 million MCAP is extraordinary cheap

[bambos22] 27/5/2020 11:10

No correlation here with RRR and RGM. Andrew Bell no longer on the board.. Last remaining RGM shares held by RRR are likely to have sold ..That's what makes RGM such an attractive proposition...

[torp] 27/5/2020 10:44

One of the worst shares on AIM along with RRR

Proven year on year on year

Just endless dilution of shareholders, and crazy amounts spent on Admin which saps
any value.

From 2012 - 2019 RGM has incurred total losses of £21m

It has raised over £10m in cash via diluting shareholders in that time

It spent over £6.5m of that just on ADMIN alone

The Annual Reports show all the figures. The charts going back as far as
10 years show the constant and utter share price devastation

Parsons replacement of Bell has done nothing to change the Modus Operandi here.

His first actions were to take the 1.5bn shares in issue and add over 7bn more !!!

Dilution on an industrial scale !!

He then consolidated the shares on a colossal 1-100 basis

This share had already previously been consolidated on a 1-20 basis

After these actions there were 86m shares in issue and the share price was 3.5p


Today just 5 months later there are 168m shares in issue and the share price is 0.775p

That's share price destruction of 78% value in just 5 months by this new chairman.


It never ever changes, nor will it


I'd have to be clinically insane to put my money into such a dilution pit
especially when there are blue stocks everywhere multibagging now as we come out
of the virus crisis. Look at the travel sector. It's all starting to rise again.
Look at the entertainment sector. All starting to rise again. Look at the
cruise ship sector, all starting to lift off again.

RRR and RGM are imho nothing but total sucker shares who perpetually issue
billions of shares to raise cash to pay directors and preposterous amounts on Admin.

I won't be that sucker

DYOR

[bambos22] 27/5/2020 08:06

Will double from here easily..

[cheerleader miss jones] 27/5/2020 08:02

It will all finish in tears, as Andrew Bell can confirm.(AGM)

The share price simply can't rise post C-19 because incredibly they double to amount of shares in circulation at historic lows and 4 time lower then the placing only 3 months before.

There is too big an overhang for any share price rise

Since listing it is proven that every 3 years the share price collapses 99%,this is a simple and unarguable fact that we all need to just except.

[bambos22] 27/5/2020 07:31

Not from a 1mcap...happy entry everyone

[replicas1967] 27/5/2020 07:22

Shareholders just get diluted to oblivion..

[silverspoon2009] 27/5/2020 07:17

I struggle to understand the investment case here, the charts posted show nothing but demise and shareholder value loss.

The juniors have done well recently but this has dropped over 50%, what is the next news going to be about ?

Don't say another placing please.

[bambos22] 27/5/2020 07:16

Parsons brought in to repair what is deemed to be a poor track record... The past Under Bell is no longer prevelant here.