Regency Mines Takeover Rumours (RGM)

Regency Mines Chart

Regency Mines Takeover Price

Regency Mines Takeover Forum Posts

19-04-2018
By my calculations and based on the figures in their last presentation Regency should have an in-situ value of around $18 billion at Mambare for their 50% share. There is obviously a huge cost for extraction, but that figure covers only the 3% of the project that they have explored. This compares to a current market cap of around £4.4 million at 0.55p mid. This is crying out for a JV/takeover by a major. Any sniff of this and the price will be a multiple of today's price. All this without the coal projects, Motzfeldt, the Curzon Investment which in itself has considerable potential. When the herd finally arrives this will move very rapidly in a very short time frame.
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