Regency Mines Share Discussion Threads

[napoleon dynamite] 04/6/2020 15:28

Now that we have broken the all important 0.9p resistance point the next ceiling should be 1.25p.

Large selling will take place at that point though for a multiply of reasons , profit taking , get out before dilution ,sell before the big boys do, breakeven point assuming you invested at both 2.75p and 0.8p.

Also the most RGM have been worth for the last 8 years is £3M which equates to 1.70p post dilution .

[the_sage1] 04/6/2020 15:10

Very little chart resistance to 2.5p after a small break around 1.25p

Doc H could be right concerning a run back to 2p+

The drop from 2p region was on low volume

[edward hopper] 04/6/2020 06:32

Yes its 18m YA/Riverfort shares that can now be dumped but don't forget their £720k annual admin costs ,that equates to a further 7 million shares that are required every month .

RNS Dec 5th

"The Company also announces that C4 Energy Limited, a UK incorporated private company, part controlled by the proposed new Chairman, has secured an option to acquire Regency's remaining debt."

Not surprisingly that never happened and so the £729k debt remains.

"At the same time, the approximate residual balance of £286,756 of the Promissory Notes will be retired, and YA PN II and Riverfort Global Capital Limited will subscribe for new two-year loan notes payable on 23 December 2021, bearing 8% interest per annum with no conversion rights (the "New Loan Notes")."

Total debts are over £1,000,000 with only one source of income .

[torp] 04/6/2020 00:14

lol sage

Laughable lame ramping

The lock in period for 18m YA/Riverfort shares unlocks on 1st June and there's
a sudden flurry of baseless and pathetic ramping.

A co-incidence of course !!


Sucker share and a total avoid for me

DYOR

.

[the_sage1] 03/6/2020 23:46

Yes it does look like RGM has come to the forefront on Twitter, Doc Holiday has over 7500 followers, he has made some decent upside calls recently including a few multi baggers.

Think this could go past 1p tomorrow, even at 2p it would only be a £3m m/cap.

[bambos22] 03/6/2020 22:26

Downloaded the twitter app. It's all about RGM tonight. :)

[edward hopper] 03/6/2020 22:07

Doc Holiday invested in the one before last placing set at 2.75p snd is very underwater ATM and is hiding his disgruntlement with the company cos he just wants to get out.

The true is Dec/January placing investors were left in the dark about RGM lack of Mambare contributions and so were misled by the company ATT .

He has become a victim , as those buying in today will become.


New shareholders need good news and quick , because present monthly dilution is set at 4.6% and thats just for admin costs.

[the_sage1] 03/6/2020 21:52

Doc Holiday talks about RGM (from 7 mins) suggests lots going on, expects to see 2p+, says Parsons has contacts etc.

[kemche] 03/6/2020 21:13

Fundraise.

FCA!!!!

[bambos22] 03/6/2020 19:43

Next year?

[bambos22] 03/6/2020 19:43

Next month?

[bambos22] 03/6/2020 19:43

Next week?

[bambos22] 03/6/2020 19:43

This week Kemche?

[napoleon dynamite] 03/6/2020 18:30

Those who have been trying to get the share price lower to buy cheap shares for themselves will have to pay more than 1p tomo.

[kemche] 03/6/2020 18:06

£266k worth of buys today. Nice.

Whoosh!

FCA!

Expecting a consolidation and another fundraising.

[napoleon dynamite] 03/6/2020 17:08

NICE 10% rise today with £57k worth of buys.

[torp] 03/6/2020 13:29

Silverspoon - "Most juniors in the sector are £2m-£3m valued no matter what, RGM is only valued at £1.4m."


The MCAP is £1m here because of the business model operated by the BOD

A model that has delivered poor shareholder value, which sees the shares in issue increase
exponentially and sees the share price constantly decimated.

The charts show the reality

The pump attempt today has clearly failed. LSE showed it 16% up and that's
already fallen to 10%. The song and dance routine has been played too many
times in the past. The plethora of in and out trades show that people don't want
to hold onto the shares, they just want a quick tiny profit.

Like I said, I wouldn't want to be the mug left holding the baby at the end of the day !


DYOR

[torp] 03/6/2020 13:17

Sudden appearance of new rampers

Righty Oh . . . . .

[torp] 03/6/2020 13:16

More evidence of in/out buy/sells


11:25 449,495 shares bought for £3,996
12:25 449,495 shares sold for £3,695

Lost £301 in the process

11:38 227,242 shares bought for £1,994
12:34 227,242 shares sold for £1,830

Lost £164


Can't personally take the small volume seriously.

Nice try. No cigar


DYOR

[silverspoon2009] 03/6/2020 13:15

Despite reservations it does seem this must rise from current levels due to the exceptionally low market value.

Most juniors in the sector are £2m-£3m valued no matter what, RGM is only valued at £1.4m.

On that basis there could be 50% to 100% upside just to catch up with peers.

[bambos22] 03/6/2020 13:08

Lol... RGM has a new board, with existing and NEW assets.. What a baw bag you are!!!! no point looking back and dusting off old account bolks.. Fandan!!!