Regency Mines Share Discussion Threads

[torp] 18/6/2020 17:07

Rampers losing ground here, as always

Continually desperate to bury the facts and hide them from naïve mugpunters who
might be looking in.

The business model here is one of perpetual confetti issues to raise cash, a great
deal of which disappears to salaries and Admin.

That's why the boiler room lackeys can never present an investment case here and
instead can only spout lame sound bites like "This could fly" and "2p-3p easily achieveable"
and other utter tosh.

anyone who believes that crud thoroughly deserves to lose their cash simple as.

Once again, here are the Annual Report Results for the past 8+ years

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 Cash Raised above - £10,245,634

Total Admin above - £6,560,120


Year on year £millions are lost. Year on year the BOD keep taking lucrative
salaries and year on year they keep spending £millions on Admin.

Where is the shareholder value??

The result of the business model is clear to see. Endless losses and perpetual
erosion of the share price. Occasional mini spikes is the only respite.


Again just check the various charts (I shall post them again so people can see
the appalling loss of share price value that occurs over and over)

DYOR

[the_sage1] 18/6/2020 15:58

Some great posts this afternoon, exceptionally good news from PNG, lockdown lifted etc.

Time to BUY, heading back up, 2p-3p+ is entirely possible short term.

[mrmcnee] 18/6/2020 15:46

Have managed to build a decent position over recent weeks, one thing that the market seems to have missed is the financial muscle of the new Strategic Investor in Regency, namely Sinom Group.



Regency management did comment on the importance of this investor in a recent (lengthy) interview.

Am expecting a number of new initiatives being announced in forthcoming weeks including a full re-brand.

Liquidity issues moves the share price fast.

No advice intended.

[the_debt_collector] 18/6/2020 15:36

State of Emergency over in Papa New Guinea recently confirmed, travel restrictions lifted, should enable Regency to get negotiations moving once again.

Pretty good news for RGM one would suggest.

[bambos22] 18/6/2020 15:12

Buys coming in and MMs having fun. 1p is the new 0.7p... Placing shares sold on..Screw the Day traders. now time for the mega gains

[napoleon dynamite] 18/6/2020 15:00

Since the 12th there have been £45k worth of sells compared to £6.5k worth of buys.

This trend can't continue , large buyers cleverly waiting in the wings for the right moment IMO.

[napoleon dynamite] 18/6/2020 14:51

Revaluing won't take place here until the mining lease is received .If that takes a year no problem I am happy to wait.

[torp] 18/6/2020 14:32

Another sell, this one at 0.915p. 458,169 shares dumped

Craftily listed on the secondary market Nexexchange




SP only going one way and that's down

I would be cutting my losses and getting my cash into the plethora of good
strong companies that are starting to flourish now that lockdowns are being relaxed.

DYOR

[kemche] 18/6/2020 13:57

Large 100,000 buy and no sells. All sells are buys. As are the buys.

FCA!!!!!

[kemche] 18/6/2020 13:55

Big buy order being filled - II? Hedge fund?

FCA!!!!

[bambos22] 18/6/2020 13:51

Getting very interesting

[torp] 18/6/2020 12:29

SP 5% down already

Dropping like a lead balloon. Probably last chance to sell your shares anywhere
near 1p imho.


DYOR

[kemche] 18/6/2020 12:23

MM's flushing out weak holders to fulfil a large buy order. So transparent!

FCA!!!!

[torp] 18/6/2020 12:21

Large £10k sell just in at 0.96p

Like I said Sub 1p was imminent

Another sell just behind it at 0.91p


She's on her way back to 0.7p imho

Better to take a small loss at this point than hold and lose loads of value.

You can always think about buying back in at 0.7p at that point though of course
personally I wouldn't buy in at any price. It's a dilution pit and always
will be imho.

Endless confetti will always see the share price continually decimated imho


Down she goes

Close the hatches Capt'n . . . Dive . . .. Dive . . . Dive !


I would not want to be left holding here at the weekend!!


DYOR

[the_debt_collector] 18/6/2020 07:39

It does look like the company is entering a news rich period.

[bambos22] 17/6/2020 23:54

Parsons took SOU £15 million to £500million ... He is well connected and has what it takes... News soon

[bambos22] 17/6/2020 23:51

Lol.. that's a big exaggerated... I do agree though multibagger in the making.. Parsons to deliver....

[kemche] 17/6/2020 23:09

This is clearly worth in excess of £20m. Am expecting a takeover by Glencore easily north of £200m.

But not before a few more fundraises - to allow more "investors" a chance to buy these golden tickets.

FCA!!!!!!!

[the_sage1] 17/6/2020 22:45

I think the largest concern will be the health of the economically bankrupt bashers when this rises another 100% soon enough !

Remember these bashers bought the investment case at RGM when the market valued the company north of £20m, they now advise folk not to buy sub £2m.

You could not make it up could you !

[edward hopper] 17/6/2020 22:28

£742K ADMIN

£ ??? SOUTHPORT LEASEHOLD COSTS

£ ??? MAMBARE COSTS AS OF FROM February 2020

£ ??? INTEREST ON 750K LOAN

£ ??? Marketing /Promotions


They have no income to pay for any of these costs.



TTOTAL : Equating to 10 Milion new shares required every month just to keep the lights on .

[torp] 17/6/2020 20:14

With Admin alone here running at approx. £742,000 a year and there being naff all
income, it doesn't take a genius to see how and why the share price is perpetually
decimated here.


Confetti issue after confetti issue after confetti issue

I count myself extremely fortunate not to be sucked in by the professional pump
squad here whose awful advice would have seen you lose 70%+ of your cash since
last Christmas.

Boiler room lackeys nothing more imho


The dire facts speak for themselves here. Endless losses, endless confetti,
£millions frittered on salaries and Admin. One for the suckers.


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 Raised above - £10,245,634

Total Admin above - £6,560,120


SP heading back to 0.7p. Total avoid for me

DYOR

.

[the_sage1] 17/6/2020 19:20

Another volume spike is not far away, the rise from around .65p to 1.3p took the RSI into overbought territory, RSI is now neutral.

Buyers will return, the next leg up could take it over 2p.