Regency Mines Share Discussion Threads

[kemche] 14/7/2020 11:47

That would be transformational and make RGM into a mining giant. Also prospects of a takeover by SHELL.

(FFS where has ALL the money gone??????)

[judge666] 14/7/2020 11:42

Could Wow gaps licence renewal Warden hearing be next?

If RGM can get mining approval passed before their next fund raising this would be a hugely transformational moment for the company.

[kemche] 14/7/2020 11:35

Make no mistake the P&D are buyers. And then sellers.

Oh but the entities!

(FFS where has ALL the money gone??????)

[the_debt_collector] 14/7/2020 11:31

Onlookers and prospective investors must decide who take notice of, the bashers are almost certainly city spivs (with naked short positions) or stale bulls who bought in when Regency had a market value of £20m+ and have a grudge.

How ironic, the stale bulls who have lost their cash forever by buying RGM at the top of the market are now suggesting others not to buy when the market value is only one tenth of their entry price.

Make no mistake the shrewd are buyers.

Buy low sell high.

[helpfull] 14/7/2020 11:08

" An application to renew the EL1390 exploration licences, encompassing the project, was submitted to the PNG authorities in March 2019 and is expected to be renewed during 2020 covering the period up to June 2021" . Taken from the RNS dated April 7th 2020. Shows what a non event the release today is. It is only a renewal of what they have. Slow, slow, slow. No control for the company and no nickel for the shareholder.

[kemche] 14/7/2020 10:29

It's all about the entities now.

(Where the F has ALL the money gone??????)

[barnes4] 14/7/2020 10:12

Why do you keep posting the same stuff everyday you are right so just drop it

[torp] 14/7/2020 10:11

Observer - "The tide is turning"


Yeah lols it's been turning for the past 10 years . . . .


10 Year Chart



DYOR

[helpfull] 14/7/2020 08:56

The Doctor inspired pump and dump is in progress. They will take your cash and leave you holding. Like every time before. Don't get caught holding these shares. It is not blue sky you will be looking at,but empty pockets. Leave the pump and jumpers to follow in their greed. A cash raise is looming.

[kemche] 14/7/2020 08:55

The entities can all read and know what it means!

(Where the F has ALL the money gone????????)

[helpfull] 14/7/2020 08:44

The large short position is real. It is the large short of cash position. It is the large short of nickel production. Along with the large short of vanadium production, since yesterday. It is the large short of retail investors to pump up the share price to sell placing shares to. It is the large short of institutional investors interested in this share. And that is why the cornerstone investor was born. It is the large short of control at Mambare and WoWo. The good news is that future share issues will not be in short supply. Enjoy. Shareholder value, as always, will be in short supply.

[observer007] 14/7/2020 08:38

Today's news is one of the reasons I bought into Regency at a significantly depressed level, sub £2m valuation.

The market has yet to catch the relevance or value uplift should a Mining Licence be awarded at the Mambare Nickel Project, the possible consolidation of Mambare and the Wo-Wo Gap Project in Papua New Guinea combined with some corporate activity (e.g. stake sale or JV) would deliver Regency shareholders blue sky gains that would be the envy of the market.

The tide is turning, best ignore the negative vibes and think outside the box, Regency is more than a binary play right now.

[the_debt_collector] 14/7/2020 07:53

A positive (and unexpected) update today concerning the Mambare mining licence, looks good, receipt of the mining right would add significant value to the project, this is just the start of the news-flow, no wonder the bears are creating new accounts to bash 24/7

As someone pointed out one wonder how large the short position in Regency is, certain entities (most likely forward selling brokers) could get caught out soon enough.

[helpfull] 13/7/2020 22:23

The good doctor is trying to tell everyone that vanadium is the new nickel. What the two metals have in common is that neither are produced by RGM. There is a desperate need to get this share higher to placate disgruntled placees at 2.75p and 0.8p before the next cash raise is needed. Nothing is working. Any movement on the licences in PNG might be 9 months away. The management are finding it increasingly difficult trying to pad out a failed development plan.

[torp] 13/7/2020 20:24

As with RRR watch for lots of round trades and lots of later reported trades imho

[kemche] 13/7/2020 19:20

Another fundraising nailed on!

[bambos22] 13/7/2020 18:29

Nah everything is done for free

[mrzippo] 13/7/2020 17:46

Are you right in thinking they will need to raise new equity to keep the asset? Yes you are.

[judge666] 13/7/2020 16:48

Many thanks .

"It is anticipated that once drill targets are secured, the project would be positioned for a drilling campaign in 2021."

"Regency will fund a minimum exploration spend of C$150,000 (£87k minus £35k = £52k and upon completion of this spend prior to 31 December 2021, the joint venture will revert to a diluting partnership."


Am I right in thinking £52k is RGM minimum comment requirement for next years drilling campaign ?

[bambos22] 13/7/2020 16:28

Lots of interest... read today's RNS in full

[judge666] 13/7/2020 16:20

Jan 24th RNS 2019


"b. Should Regency fail to expend on a pro-rata basis CAD$950,000 (£555,000)or more within 24 months of acquisition (net of CAD$150,000), the original syndicate have the right to reacquire 40% of Regency's interest in the Project for Regency's then book cost."


Today RNS

"The programme is expected to take a number of weeks and cost approximately £35,000 which will be funded by the Company, further to the announcement of 24 Jan 2019."


Having read todays RNS twice over , am I right in thinking by January 2021 ( 7 months time) RGM will need to either comment to a further £520k (65 million new shares at present prices) or lose 40% of their interest in the project?


Thanks in advance.

[bambos22] 13/7/2020 16:04

Lol. Desperate from the troll

[mrzippo] 13/7/2020 15:46

Yes got me bang to rights. And I can tell you that you won't facilitate any deal by hiring a PhD student fir summer work & a geological study. Pathetic.

[bambos22] 13/7/2020 15:37

Torp speaks like one isn't allowed to invest on AIM...Regency is essentially a new company and his criticism of the old regime dosn't stack up anymore.. Parsons (Chairman) will deliver .. one the news flow lands and momentum kicks in watch these fly... He need to think out of the box and not rely on age old charts.. MCAP is historically very low.. Present an opportunity for sizeable gains near term