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Share Name Share Symbol Market Type Share ISIN Share Description
Regency Mines LSE:RGM London Ordinary Share GB00BYVT4J08 ORD 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.025p +7.14% 0.375p 0.35p 0.40p 0.375p 0.35p 0.35p 2,913,533 16:29:44
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -0.5 -0.1 - 2.97

Regency Mines Share Discussion Threads

Showing 43526 to 43549 of 43925 messages
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DateSubjectAuthorDiscuss
04/9/2017
10:22
you can't keep everyone happy. the additional sale from our UKOG holding seems quite sensible to me. surely it's far better to have some cash for Curzon and whatever than having to have another round at the YA ripoff hole-in-the-wall. clearely ALBA shareholders (oh dear, that includes me) are less enthusiastic about UKOG than they were - or maybe it's Greenland. whatever.
backmarker
01/9/2017
12:58
If AB's record is anything to go by - that's a pretty good buy signal for UKOG - LOL tintin
9tintin
01/9/2017
12:52
Another sale of UKOG
knowing
01/9/2017
10:30
hTTps://contrarianuk.com/posts/2017/9/1/regency-mines-keeps-128-million-ukog-shares-despite-windfall
knowing
01/9/2017
10:30
A free carry now for the remaining UKOG investment and the funds provided for the promised Curzon participation. If the coal don't get there then let's try the gas! Keep firing away and AB might just hit something sweet...he has been lucky in the past (fairly distant now, admittedly!). Topicel
topicel
01/9/2017
08:52
hTTps://www.regency-mines.com/operations-and-investments/oil-and-gas/curzon/
knowing
31/8/2017
17:31
what does anybody know about Curzon ?
backmarker
31/8/2017
16:43
brill news.. Great deal
bambos22
26/8/2017
10:02
p@ Are you an idiot? Just asking so I can take your comments in context
elcapital2017
26/8/2017
09:57
Well I'm glad you dropped your irrelevant horse bet analogy,and just chose to quote the part of my last statement out of context that suited your view.
p@
25/8/2017
22:14
P@ I see you've wisely decided to rephrase the statements. Previously you stated : "Therefore-received £1.3m for 1.9% Still has 3.1% = £2m" Which of course was a total fallacy and a huge misleading statement. I'm pleased to see you are no longer saying this. The fact is in that first line: "Sale of 1.9% of HHDL for GBP323,000" 1.9% of HHDL is worth £323,000 So 3.1% of HHDL is worth £527,000 Simple math.
torp
25/8/2017
06:38
Torp -Your ficticious horse would have nothing to do with the transaction.UKOG is invested in things directly associated with Horse Hill and the value has now been recognised. Highlights: -- Sale of 1.9% of HHDL for GBP323,000 -- Regency receives 17,361,862 new UKOG shares in respect of GBP268,502 of consideration -- Current value of UKOG shares received of GBP1,319,502 based on closing price on 22 August 2017 -- Regency retains 3.1% of HHDL
p@
24/8/2017
20:43
Correction: The 31 remaining shares are worth £323,000 / 19 * 31 = £527,000
torp
24/8/2017
20:41
@ P@ You're either a bit slow or are seriously trying to mislead people. From original RNS: · Sale of 1.9% of HHDL for £323,000 · Regency reinvests £268,502 in UKOG shares at 1.55p a share or lower · Regency retains 3.1% of HHDL An analogy to help you understand it: Shopkeeper sells a watch for £50 He spends £10 of the £50 cash he receives on a bet on a horse at the 3.30pm at Aintree. The horse wins netting him £100. How much was the watch worth? The answer is £50. What the shopkeeper did with the proceeds of the watch sale have nothing to do with the actual sale of the watch. So, RGM sold 19 HHDL shares for £323,000 AB then used £268,502 of those proceeds to buy some UKOG shares. The UKOG shares subsequently went up netting AB a nice "on paper" profit. As with the shopkeeper, AB's use of some of the proceeds to buy UKOG shares have nothing at all to do with the actual sale of the HHDL shares. The 31 remaining shares are worth £323,000 / 18 * 31 = £527,000
torp
24/8/2017
19:53
[Quote 1/8/17] "Mining suspended at Rosa Mine; MCoal future plans uncertain" 😱 MCoal Corporation, founded in 2008 to reopen and mine metallurgical coal at the Rosa Mine location in central Blount County, idled its operation at the site in May this year. It has not resumed mining since, and as far as can be determined from calls to the parent company, Novadx of Vancouver, British Columbia, has no definite plans to reopen at a date certain in the future. According to Arlen Hansen of Kin Communications, the Vancouver firm that handles press inquiries for MCoal and Novadx “it’s going to take several months” for the company to raise the capital needed to upgrade mining equipment and resume mining operations. The delay apparently affects plans to add a third auger and an ultra fines recovery circuit to the Rosa wash plant. Below is information gleaned from company news releases and from information posted on its website. From notes to Novadx’s Condensed Consolidated Interim Financial Statements for the period ended March 31, 2012: “The company has incurred significant operating losses and negative cash flows from operations in recent years and has a working capital deficiency. Due to insufficient working capital, MCoal idled its mining operations in May 2012...Whether and when the company can attain profitability and positive cash flows is uncertain and these material uncertainties may cast significant doubt upon the company’s ability to continue as a going concern.” From Novadx’s news release of May 10, 2012: Novadx provides update on Rosa Mine “The company has all of the necessary permits in place to complete the mining of all five increments under its phase 1 mine plan at the Rosa Mine. The Company is currently nearing the completion of mining the second increment, and will need to post additional reclamation bonding fees and incur infrastructure costs, including road building and settlement pond construction costs, in order to commence mining on the next increments.” The release did not refer to the idling of operations at the mine. Excepts of news release from Novadx on May 16, 2012: Novadx Announces Key Initiatives “Novadx Ventures Corporation is pleased to announce that it has initiated a strategic plan, with the support of Sandstorm Metals & Energy Ltd. that is focussed on the following key initiatives: 1. Preserving the value of the Rex No. 1 coal mine in Campbell County, Tennessee by financing and posting the reclamation bond that is required to receive the final permits for the coal washing facility; 2. Temporary idling of the Rosa coal mine in Blount County, Alabama until capital can be raised to increase production through the purchase of an additional auger and adding an ultra fines circuit on the mine’s coal washing facility to further increase coal recovery; 3. Maintaining a positive working capital balance; and 4. Augmenting the company’s executive team to move forward with future growth. The strategic plan is expected to take several months to implement and in the meantime, the company will be pursuing a plan to raise up to $20 million in additional capital. Once the plan has been fully implemented, Novadx will be on a solid financial footing and in a better position to build shareholder value... Neil MacDonald, president and CEO of Novadx commented on the new plan: “The goal of these strategic initiatives is to see both Rosa and Rex in production and generating significant cash flow for the company and its shareholders. We need to improve our financial position and with the support of Sandstorm, we believe we will accomplish.” From the Management Discussion and Analysis Overview of the March 31 financial report, prepared May 30, 2012: “In January, 2012, a second highercapacity auger machine was delivered to the Rosa Mine. The combination of the second auger machine and newly commissioned wash plant increased the production capacity of the Rosa Mine to approximately 120 tons per year. Management plans to optimize the Rosa Mine operations by investing in a third auger machine and adding an ultra fines coal recovery circuit to the Rosa wash plant. Due to the company not being able to fund these improvements and a reclamation bond needed to be posted to continue the next mining increment, operations at the Rosa Mine have been temporarily idled.” Attempts to reach MacDonald at Novadx’s Vancouver headquarters for an update on matters affecting Rosa Mine since May 30 were unsuccessful. hxxp://www.blountcountian.com/news/2012-08-01/Front_Page/Mining_suspended_at_Rosa_Mine_MCoal_future_plans_u.html
atino
24/8/2017
19:04
[Quote 23/8/17] Trump keeps saying ‘clean coal.’ It does not mean what he thinks it means. In an often off-topic speech at a political rally in Phoenix on Tuesday, President Trump made a series of comments on what he calls “clean coal”. “We’ve ended the war on beautiful, clean coal, and it’s just been announced that a second, brand-new coal mine, where they’re going to take out clean coal — meaning, they’re taking out coal, they’re going to clean it — is opening in the state of Pennsylvania,” he told the rally. But Trump’s description of what clean coal actually is differs from that of experts. Carbon capture and storage, often known as “clean coal,” refers to methods of capturing carbon dioxide from coal-fired power plants. ‘”Clean coal’ refers to capturing the carbon dioxide after the coal is burned,” Matt Lucas, associate director of carbon-capture technology at the nonprofit Center for Carbon Removal, told the Washington Post. The New York Times and Think Progress also covers this story. Meanwhile, the Trump administration released a report yesterday urging actions to protect the “reliability and resilience” of the nation’s electric grid, a move that could lay the groundwork for future support of coal, The New York Times reports. The 187-page study, commissioned by Energy Secretary Rick Perry, recommends changes to wholesale electricity that could benefit existing coal plants. hxxp://abcnews.go.com/US/trump-clean-coal/story?id=49376237
atino
24/8/2017
18:25
Closed down today ! Bell factor?
seagullsslimjim
24/8/2017
17:57
since HHDL isn't quoted then it would be reasonable to use the value obtained by RGM as a fair estimate of HHDL's value. the value of the UKOG shares purchased might reasonably be estimated by reference to the current UKOG share price
backmarker
24/8/2017
17:17
Torp is correct. Who you gonna trust? Torp or Bellend failure Andrew Bellend?
the stigologist
24/8/2017
17:11
Torp- Highlights: -- Sale of 1.9% of HHDL for GBP323,000 -- Regency receives 17,361,862 new UKOG shares in respect of GBP268,502 of consideration -- Current value of UKOG shares received of GBP1,319,502 based on closing price on 22 August 2017 -- Regency retains 3.1% of HHDL
p@
24/8/2017
13:20
p@ "-- Regency retains 3.1% of HHDL ' Therefore-received £1.3m for 1.9% Still has 3.1% = £2m" This is all wrong sorry. You have confused the purchase of UKOG shares with the sale of HHDL shares. The RNS clearly states: "the Company has agreed to sell . . . . a 1.9% interest out of the 5% interest it holds in HHDL for a purchase price of £323,000" That's the true number. 19 HHDL shares sold for just £323,000 which means the remaining 31 shares are worth 323000/19 * 31 = £527,000
torp
24/8/2017
12:50
And what "new highs" are you targeting backmarker? Those in 2017 or further back?! As before, it is all about Rosa for we didn't expect UKOG or HHDL in March/April when AB really ramped up his coal strategy, so IMHO only that getting activated will lift this again. The gambling speculation of Bell can also suddenly go wrong, as we all know only too well I'm sure... Topicel
topicel
24/8/2017
12:19
it was good to get confirmation that the HHDL-UKOG deal has actually gone through. impeccable timing by AB. it doesn't appear that this has had much impact on the sp, though. ok, it's old news, and should be in the sp, but some - myself included - were clearly starting to doubt whether the deal had actually been ratified. that and other worries have been depressing the share price never mind, an extra £1m value is all good underpinning. new highs will come eventually.
backmarker
24/8/2017
08:42
So from RNS today- 'Current value of UKOG shares received of GBP1,319,502 based on closing price on 22 August 2017 -- Regency retains 3.1% of HHDL ' Therefore-received £1.3m for 1.9% Still has 3.1% = £2m = total £3m for a market cap of £4m. Not a bad buy at .65p methinks!
p@
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