Regency Mines Share Discussion Threads

[barnes4] 22/7/2020 10:48

Yum yum shovel ready

[kemche] 22/7/2020 10:43

Southport shovelled under.

Where the bamba has the money gone???????

[barnes4] 22/7/2020 09:21

Shovel ready the inches will love it

Yum

[kemche] 22/7/2020 08:35

CZN - junior also in charge. Another ultra successful company.

Where the bamba does ALL the money keep disappearing to?????

[helpfull] 22/7/2020 08:28

There's a pump on. More anaemic each time. "Shovel ready" means nothing has been done. Nothing has been done in Southport for six months. That shovel is a little rusty. Nothing has been done at Mambare for twenty years. That shovel is a lot rusty. Luckily no nickel production in twenty years weighs nothing so the rusty old shovel will suffice. Someone is looking to exchange your cash for musty old share certificates. Worthless dusty, musty, rusty share certificates before more are issued in the next cash raise.

[helpfull] 21/7/2020 22:53

That curve is overarching. The company would need to raise cash. That is easy as C4 Energy has a cornerstone investor waiting in the wings. They could raise £20 million. It would be a £20 bond issue at 80% par paying 10% interest over 5 years. The cost of the transaction would be £0.9 million, so RGM receives £15.1 million. On top of that would be a few hundred million warrants at 1.5p. So £20 million of debt for £2 million ebitda and annual interest of £2 million. Huge salaries, more cash raises, failed promises. No value added to the share price which gradually declines as debt repayment looms. CEO pays himself £1 million a year. So that's now £3 million to find. Brings his cronies from C4 Energy in as board members.Appoints them onto remuneration committee so his salary is guaranteed. They award him huge options which he sells whilst at the same time telling shareholders to hold onto their shares. A few RSUs for good measure. The profit of £2 million doesn't appear. Didn't shareholders know it was a blue sky gamble? The astute investor didn't buy the shares in the first place.

[observer007] 21/7/2020 21:20

The interview posted above is very revealing, it shows how quickly Regency are moving towards revenue generation.

Assume Regency can retain 50% of the Burwell power project following formation of the SPV, they would retain free cash IRO £700k - £800k pa from this one project, they suggest they have 4 more to follow.

You can clearly see why shrewd folk are holding onto their shares, the market is behind the curve, not for much longer though.

[kemche] 21/7/2020 20:34

Southport - a company maker!

Where the bamba has ALL the money gone?????

[bambos22] 21/7/2020 20:32

WDD first.SHELL.....woooooosh

[kemche] 21/7/2020 19:57

Southport first. Huge ebitda.

But no money.

Where the bamba has ALL the money gone??????

[the_debt_collector] 21/7/2020 19:25

The day of reckoning is coming for the bears, first power project expected to be shovel ready within 30 days + a load of news-flow imminent.

One power project alone has a EBITDA of circa £2m

The transformation of Regency is ongoing, lots of upside ahead.

[bambos22] 21/7/2020 18:43

Weird Drove Development is the point of discussion. The money is in the bank and the project pipeline is fully funded..RGM has funds unlike other AIM companies

[kemche] 21/7/2020 16:47

Southport shovel ready. And buried.

Where in the name of bamba has ALL the money gone??????

[barnes4] 21/7/2020 15:40

Shovel ready eh?

Sounds like news in short order to me

[bambos22] 21/7/2020 15:28

Shell is involved .. shovel ready project news imminent

[bambos22] 21/7/2020 15:24

Helpful thinks money grows on trees... Lucky for him we are fully funded

[helpfull] 21/7/2020 09:23

Whilst waiting for the next cash raise to arrive a quiz question. How many cash raises has Parsons and his C4 Energy amigos carried out at the companies they are involved in? Your answer should include RGM, Ascent Resources, CZN, Nuog,Coro Energy, Echo Energy and Sound Energy. Clue : there have been three cash raises at RGM in the last six months. Do not include the imminent cash raise coming to RGM in the near future. And a second question : how much profit have all those companies produced in total? Clue : the answer is the same as all the nickel RGM has produced at Mambare in the last 20 years. Zero. Zilch.Nada.

[bambos22] 20/7/2020 17:10

The RNS of 19th June has a lot of detail on our UK energy storage interests... Which should deliver significant news in 30 days time approx.. I expect the project to be shovel ready ... Exciting times ...

[kemche] 20/7/2020 15:27

Just wait on the news regarding the sales, profit and cashflow then boom!

Where the bamba has the money gone?

[barnes4] 20/7/2020 15:24

And what news might that be

All seems a little quiet

[bambos22] 20/7/2020 15:16

Waiting for news to land

[judge666] 18/7/2020 07:18

Torp

you have raised a very interesting point and if you go back just a little bit further to the 9th July and add up all the large sells from that starting point and it comes very close to 9.6% of shares in issue.

A coincidence may be but thats very close to Yorkville and Riverforts combined holding of 9.58%

[kemche] 17/7/2020 17:58

Not this......:)

(WTF does ALL the money go?????)