Regency Mines Share Discussion Threads

[bambos22] 24/7/2020 07:25

Size and scale... WoWo and Mambare... GPR recently undertaken and result will be released as appropriate.. Only 3% of the plateau has been drilled so far...They also have a Vanadium projectUK energy/battery storage interests.New acquisitions in the pipelineMore importantly they have James Parsons at the helm..

[barnes4] 24/7/2020 07:19

More helpfull comments interestingly they are exactly the same as last week and the week before

[helpfull] 24/7/2020 07:06

RGM have no commodities. They produce no nickel. They have one asset. The ability to raise cash from naive investors. An asset which they make use of on a regular basis. 3 times in the last six months. Another needed shortly.

[bambos22] 24/7/2020 06:59

Helpful is desperate.... Strong buy... Commodities on the rise

[helpfull] 24/7/2020 06:47

Tight squeeze. You'll need it if you were reeled in by yesterday's pump and dump. All those greedy little trades to be unwound. Do your bank balance a favour and be the first out the door. Despite all the share trading RGM produces no nickel and has not done so in twenty years at Mambare. No mining is going on at Mambare. Despite what the good doctor might say, RGM owns 0% of WoWo Gap. It owns a little of the debt in RMI, the owner of WoWo Gap project. RMI is currently applying for an Exploration License at WoWo; it could take 9 months. No nickel is produced at WoWo. No mining is taking place at WoWo. Be careful what you invest in. Be careful of the hype. You have more nickel in your kitchen cutlery than RGM has produced in twenty years at Mambare. That's why the Aussies have taken over and sidelined Parsons. You should do the same with RGM shares.

[barnes4] 23/7/2020 20:56

Is that the same chart as you posted yesterday and the day before that?

[torp] 23/7/2020 20:18

Judge - "Bambos has always defended the share price drop from 3p to 0.8p attributing it to Covid 19."

He was talking absolute sh*te, the fall in share price is purely down to the relentless
issuing of confetti shares on an industrial scale imho.

Over 7 billion more added when there were only 1.5 billion in issue
Then a colossal 1-100 share consolidation making the total share issue 86m
Then more share issues taking us to 190m today
More will come unquestionably

Such shares will always have a contingent of persistent rampers desperately
trying to lure naïve PIs to buy the shares so that the placings can get away imho.

Accordingly I stay very well away from AIM lifestyle outfits like this and RRR.


The downward trend is clear to see imho




DYOR

[barnes4] 23/7/2020 16:45

I don’t care what you or the other naysayers waffle all day long

This is shovel ready and when it explodes I will run off with YOUR money!!

Ha ha

[judge666] 23/7/2020 16:35

Last months £200k placing to conduct a £25k purchase pretty much broadcasted that the company had run out of money . If those indications are correct another placing is on its way very shortly.

Historically the phrase "Shovel Ready" at Regency has meant little to no progress being made while overheads like leases and consultancy salaries continue to be paid, before eventually being dropped and replaced by a new project that is of course even more "Shovel Ready " then the last one.

Most recently Southport is a great example of a shovel ready project that simply never happened.

Bambos has always defended the share price drop from 3p to 0.8p attributing it to Covid 19.

Investors today need to consider the kinetic risks to the share price should Covid 19 "2nd wave" materialise.

[barnes4] 23/7/2020 16:32

And the chart is arcing in anticipation

[barnes4] 23/7/2020 16:32

It’s shovel ready

[torp] 23/7/2020 16:05

Poor ramp squad still failing to provide a single link to a broker that allows
anyone to short the share.

Poor ramp squad still failing miserably to dupe people into this useless
industrial confetti issuing share.

Still, they must persist I guess, it is surely their job to do so.

DYOR

[barnes4] 23/7/2020 13:50

Helpfull

One question why do you care?

[helpfull] 23/7/2020 13:48

If you lose money on your purchase today or worse still, become a long term shareholder at RGM, remember that the person pumping this share will be rolling about laughing at you, whilst on the floor. Kids, hey.

[barnes4] 23/7/2020 13:30

Rofl they are so desperate it makes me giggle

Great comedy value on the rgm thread

[bambos22] 23/7/2020 13:27

Lol Torp links to the FCAs disclosure list which is about as reliable as my spin dryer...These guys are telling a yarn

[helpfull] 23/7/2020 13:26

There are no nickel projects. RGM has a 41% interest in one project,Mambare It used to be 50% but through poor management it had to be reduced to 41%. That poor management is still in place. No nickel has ever been produced despite twenty years of involvement. RGM once had a 100% share in Mambare. You can see how this is going to end up. RGM recently bought some of the debt at WoWo Gap from Sinom a Chinese investor. It needed a cash raise to do so. It is thought RGM could pressurise the management of RMI, the owner of the WoWo Gap, and get a foot in the door. The major shareholder in RMI is Sinom, with 47%. Sinom is funding RMI to the tune of $55,000 a quarter. RMI is currently renewing the Exploration License at WoWo which can take up to 9 months. No nickel has ever been produced at WoWo. Be careful what you invest in.There are richer nickel deposits elsewhere, which are more accessible and much closer to the places where nickel ore can be processed. There is little likelihood either of these projects will be commercial. But investors will be paying huge salaries to the BOD until this is realised.

[torp] 23/7/2020 13:24

There are no shorts disclosed for RGM as evidenced on the FCA daily list of
short positions. It can be downloaded here:




The above posters are trying to dupe people as always by pretending that contrarian
posters here are shorting the share. They simply are not imho. They are stating it
like it is with facts.

These unscrupulous rampers have been challenged again and again to cite a single
broker that allows PIs to short either RGM or RRR and none have been provided.

Anyone who follows these chumps thoroughly deserves to lose their money imho.

SP here is over 70% down since the colossal 1-100 consolidation and the shares
in issue have already been increased from 86m to approx. 190m since then.

More confetti will come as might follows day imho. It is the stated business model
of the company.

It's a total avoid for me personally due to the endless confetti and constant
yearly losses and the amounts frittered on admin.

DYOR

[barnes4] 23/7/2020 12:33

Shovel ready

[the_debt_collector] 23/7/2020 12:05

The shorts are in a quandary, how do they close their positions, as soon as Regency brought on board a strategic investor the bears were shafted, Regency now has other options to raise funding, the power side via a SPV and debt finance and the Nickel projects via support from Sinom.

Oh dear what a mess for those short positions, entering a news rich period with the 1st power project (Burwell) likely to be shovel ready in around 1 month.

This is a raging buy.

[barnes4] 23/7/2020 11:39

Yawn

Absolutely staggering these people with no holding here are bleating 24-7

Why?

Because they lost money!!

[torp] 23/7/2020 11:30

Tiny collection of aliases desperately trying to pump this. That imho is all one
needs to know to stay very well clear here. Well, that and the fact that the
company posts losses year on year and has spent £millions on salaries and Admin.

ANNUAL REPORT RESULTS
=======================

Losses incurred, amounts frittered on Admin, Cash raised

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


It is for me a total crock. Just endless confetti issues pumped by unscrupulous
city boy spivs. share price has been decimated and will imho continue to be decimated imho.

SP is already over 70% down since the 1-100 consolidation before Christmas.
Shares in issue have more than doubled since then due to the confetti.

Huge avoid for me personally

DYOR

[barnes4] 23/7/2020 10:38

Rofl 🤣

[helpfull] 23/7/2020 10:19

RGM have had 3 fundraising in six months priced at 2.75p,0.8lp and 1p. The next placing is due. £1,350,000 raised and no cash remaining. No revenue and excessive overheads which include the bloated salary expectations of Parsons. Don't get caught holding.

[bambos22] 23/7/2020 10:05

Factually incorrect