could this be the next one to go like white nile speculaors talking about 20p i'm in @ 4p RAB capital have 30% so following thier lead any opinions ????

Established to invest in the mining and mineral sector. The Company has entered into contracts to acquire tenements in central-eastern Queensland Australia to prospect for copper and gold and tenements in central-southern Western Australia to prospect for nickel sulphides and gold, conditional on Admission.

120,800,006 Ordinary Shares of 0.001 each at 2p per share
CAPITAL TO BE RAISED ON ADMISSION: None

FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:
Andrew Ronald McMillan Bell - Chairman
Kenneth Frank Watson - Managing Director
Julian Michael Edward Lee - Non-executive Director

The following are 3% interests before and after Admission:

Andrew Bell 42,200,002 34.9%
Kenneth Watson 25,200,004 20.9%
Starvest plc 22,800,000 18.9%
Bellmin Limited 30,000,000 24.8%
Rab Capital 34,500,000 28.6%
Redstone3 Metals Pty Ltd 2,200,000 10.1%
City Equities (Nominees) Ltd 7,000,000 5.8%
Credit Suisse First Boston Nominees Ltd 4,500,000 3.7%
C J French 4,000,000 3.3%
Bamboo Holdings Ltd 4,000,000 3.3%
L F Tan 4,005,000 3.3%

Notes:
1. Andrew Bell's interests are indirect interests held through Bellmin Ltd and Redstone Metals Pty Ltd save for two Shares;
2. 12,200,000 Shares in which K Watson is interested are indirect interests held through Redstone Metals Pty Ltd ; and
3. 30,000,000 and 4,500,000 Shares in which Rab Capital is interested are indirect interests held through Bellmin Ltd Shares and Credit Suisse First Boston Nominees Ltd respectively

it is really amazing me, and what do you think about the 20p prediction?

based on examples like white nile why not its a mad world out there at the momentits now abv 6p could get to 7-8p by end of day at this rate

true, I just free some cash. Was thinking to wait for a good price, but seems like it would just go up more, am I rite? thanks gordon.

Don't know anythinng much about this one - any ideas why it has shot up so much? Did it just start underpriced & the MM need to balance books?

Be aware when the excitement dies down the sp could shoot back down but agree it's tempting to join in the fun!

out at 5.75 yesterday it was wobbling so got out

This is not investing guys but gambling. This outfit has no history and the lack of information/data is concerning. Still who can argue with 70%+ in a day.

MS

Agreed little information around on this, but still the buys outweighing the sales albeit at lower levels than yesterday. Not sure I have the nerve for this type of gamble, but good luck to those that have!

I'm the same. Wish I had the bottle but prefer to tread safer ground. Now about White Nile!

MS

Think this one will continue to gain momentum! Not too many shares up for grabs so any news will make this one explode! I'm in.

can see it sliding further

Gordon you think it will slide further after todays news ?

MM

What news?

MS

might just be worth another look at this level good old city equities managed to get shot of there 5M shares expect most of the buyers paid 5p upwards so could be few disgruntled shareholders out their if this one goes

Maybe will buy a few of these.

Yes - but what is really backing the sp or is it still an empty shell just at the moment?

Announcement today & sp up a shade, but still no turnover for this one.
The comment on search for 'ventures producing early cash flows' are key to whether this could subsequently take off IMHO.

------------------------------------------------------------------------------
Regency Mines posts maiden H1 pretax loss, encouraged by exploration activity

LONDON (AFX) - Regency Mines PLC, an exploration company admitted to AIM on Feb 22, said it made a pretax loss of 12,664 stg in the period from Sept 10 to end December 2004.

The company, which has no turnover, added that it is 'encouraged by continuing exploration activity'.

It said it is focusing on the search for ventures that might produce early cash flow.

The exploration company also said it expects the demand for commodities to remain strong and that the amplitude of down-cycles over the next few years may be restricted.

Time to look again at this minnow. If the assets pay off the payback to shareholders at this level will be very worth while.

Started to move higher now.

BUNDARRA PROJECT

Soil sampling and geological mapping has been completed over three prospects
within the Bundarra project area; Isens, Flora Range and Mt Flora.

At Isens, soil sampling was completed on 200m x 80m centres in open terrain.
Results were significant; peaking at 3.1% copper with 0.9g/t gold and 10.8g/t
silver. Other results include 0.5% copper with 0.36g/t gold and 2.5g/t silver.
Copper and gold anomalism has been outlined over approximately 1500m of strike
and remains open to the west. At surface, mineralisation is up to 30m wide and
hosted by a brecciated, iron-stained quartz-feldspar porphyry. Primary sulphides
are chalcopyrite and pyrite, with secondary copper carbonates of malachite and
azurite. Drilling of three traverses of angled RC holes is required to test
mineralisation at depth.

At Flora Range, soil sampling was completed over 4km of strike on 200m x 80m
centres. Copper and gold anomalism was outlined over the entire 4km of strike
and remains open to the southwest. Maximum results were 2400ppm copper with
28ppb gold and 2.7g/t silver. Mineralisation is hosted by discontinuous lodes of
brecciated granite intruded by veins of iron and malachite stained
quartz-feldspar porphyry. Ten sets of historic workings were located within the
Flora Range area, each commonly returning +2% copper from historic rockchip
sampling by previous explorers. Only one working has been tested by a single RC
hole that, significantly, returned 3m @ 7.2g/t gold from 36m. A ground
geophysical survey (IP) and RC drilling is required to test the peak geochemical
response.

At Mt Flora, the immediate area of historic workings has been subject to much
surface exploration in the past and, consequently, soil sampling and mapping was
focused on potential northern and southern strike extensions to mineralisation.
Sampling returned a peak of 254ppm copper and 7ppb gold. Results confirmed
mineralisation continues northwest of the historic workings for some 2500m, and
also southeast for a further 1800m. However, mineralisation is of a more subtle
nature than that encountered at Isens and Flora Range. This suggests a large,
low-grade disseminated style of mineralisation for Mt Flora. Step out RC or
Diamond drilling of the Mt Flora mineralisation is required.

Airborne Geophysical Data

During August, magnetic and radiometric data from a detailed airborne survey
were processed and imaged. Total count (K, Th, U) radiometric data illustrates
the strong alteration of the Permian sedimentary rocks in contact with the
margin of the Bundarra intrusion, and highlights the potential for economic
accumulations of uranium. Subsequent imaging of the airborne uranium data
revealed several discrete anomalies within the project area. These are scheduled
for ground follow-up during the current field season.



The directors consider the results to date of the sampling and mapping program
at Bundarra to be encouraging and to justify moving to the next stage of
exploration. The results in the Isens area mean that this will be a focus of
further exploration effort, including drilling. The Flora Range results will
also be followed up by further exploration, including drilling. Continued
mapping and sampling of areas around the edge of the Bundarra intrusion will be
undertaken to test hitherto unexplored areas. The objective remains to identify
and delineate high grade copper zones as well as potential low grade bulk
tonnage targets. Several areas have uranium anomalies identified from the
radiometrics and will be tested by field work.

Anyone else looking at RGM ?

Gold, Diamonds, Silver, Uranium and copper ! We have it all.

Moneyman Hi,

All ... and a very low SP ....

When is it planned to start moving ?

Cheers,
PM

Would love to know Paul but the potential for a good move is certainly there.

whats the future from rgm ?

Gordon just seen the results and they look bright. In terms of assets they have a current value of 2.7M compared with todays market cap of 1.7M. This alone values the stock at 2.25

Taking into account there are twelve projects through the 3 companies then there is nothing factored in for any mineral finds.

At this level it seems a strong buy.

Nobody interested then ?

http://www.regency-mines.com/

ttt

Moneyman,

I think the chart lacks inspiration!

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Bruce Rowan has confidence in these guys, so if I held I would hold tight personally.

As a Starvest holder, i want to see RGM do well, and may even buy a few myself when I next have some funds.

Nice to have some company Andy. Yes this has stuck at the bottom far too long. With their holding in THR their value has increased recently but with little influence to the stock price until today. Hopefully that was the bottom.

I wonder if that 400k sold yesterday was the end of any overhang. What is interesting is that it does move rapidly on very little volume.

Andy I think that the chart is getting inspiration !

Anyone here in or still thinking about the next 50% rise ?

http://www.minesite.com/storyFull5.php?storySeq=3241

See they even ticked it down a touch.

Great new article on Minesite:

http://www.minesite.com/storyFull5.php?storySeq=3246

Well worth a read.

Andy have you dipped your toe in yet ?

Nice news at THR adding more value to RGM.

Well I am expecting an update on the exploration anytime now.

Little volatile this week but a nice close today.

It's looking very very interesting, tips/research etc very positive plus the chart says it was at 5p once, why not again!

If the discoveries start to come through, who knows 20p some day.

I'm looking at 6p target personally, with 4p as a very positive signal.

Hello ellio. I'm glad someone else also sees the potential in RGM which seems to have been overlooked at present.

ellio,

A slight tick up, and another SVE held stock adds value!

Must be due some news on the exploration shortly.

Results out and moving to the next stage of exploration...drilling. Bring it on.

Move higher today.

Few buyers the other day. Online limits cut too.

Tick up after months of being dormant.

Should hopefully get some news on the bores shortly.

Nice rise in the price today. Looking at adding a few more myself before news breaks.

Very positive that they can raise funds at what was over market price and to the same Institution twice ! Hopefully, at long last, some news to come like what was released at RRR today (RGM hold a large number of RRR shares).

Well with the rise again in RRR RGMs assets are free !

MMs closed the NMS down now to 15K online. Looks like we may start to see a move higher.

http://www.mining-investor.com/pressreleases/Regency%20Gives%20Resource%20Potential%20At%20PNG%20Laterite%20Project..pdf

Under the download tab listen to the interview



http://www.regency-mines.com

Super prospects!

http://clients.westminster-digital.co.uk/minesite/microsite/events/38/video/index.aspx?companyID=38_2

Potential for RRR and RGM

Moneyman hi,have just bought 200000 at 1.75p so only a small investment but like the prospects of this company.As an additional bonus regency have a portfolio of investments in other companies and i particularly like red rock resources with its exposure to uranium which is in great demand at the moment.Although a high risk share they have a large portfolio of explorations and this is probably a company to hang on to for at least 2 years and if there Mambare project in Papue new Guinea should start production a steady flow of income would allow them to move forward without further placings plus the added bonus of already signing up to two chinese metal producers.Any additional info from yourself would be welcome.
Cheers, pisces.

Hi Pisces,

Seems as though you timed that well with the news at RRR today driving the value of RGM up. On PLUS they closed at 3.25 offer.

Cheers moneyman,hopefully the start of an upward trend with a steady stream of news over the coming months from both companies.Have set a price target of 10p on rgm who i think have been very shrewd investing in redrock and once in production i think they could fly.For the life of me cannot understand the lack of interest in both companies but only time will tell.Do you hold any of the two at present?

Cannot tell you my sources but you may want to have a good luck at BLR before June this year, information i have just received could see them double very quickly.

Have held RGM since the float and also hold BLR where I expect news soon.

Some further detail

http://metalsplace.com/metalsnews/?a=11379

Chart looks like it may breakout.

Looks like it has broken out now with good buying on both PLUS and LSE

Moneyman hi,have just about doubled my money in 2 weeks, would you topslice the initial investment or hold on for a while because at some point there will be a correction after recent run.Still looks like a good investment though with news in the near future plus there exposure to RRR.

wdurham - 27 Apr'07 - 16:15 - 139 of 141


The opportunity here for Regency is the same as it was at Rusina a year or so ago, and at TMC's Berong several years ago, when their resources too were unproven.

A possible timetable for Regency might be:

Start with a DSO for the low grade limonite and ride the nickel pig-iron boom for as long as it lasts. Upgrade that to the higher grade limonite a few metres lower once they have that proved up and can ship reliable grade. Upgrade yet again once they have defined a tonnage and grade for the saprolite and can ship that at a reliable grade of 2+%.

All this provides cash flow which finances further ddevelopment leading to eventual establishment of on-site processing facilities of one kind or another, at which point the real profits begin.

And in the meantime there's all the other stuff......

RGM starting to look very interesting now. Seems to be appearing on more peoples radars.

Looks like we have people taking a position in the stock.

Again good buying on both LSE and PLUS with trades being delayed 2 hours !

Keeps on moving now

LSE 3.5/3.75
PLUS 3.5/4.0

http://www.mineweb.net/mineweb/view/mineweb/en/page66?oid=19473&sn=Detail


http://www.resourceinvestor.com/pebble.asp?relid=10767


http://prinnytoo.tripod.com/

Look at this one go!! glad I bought in a couple of weeks ago now Barclays has upped its stake to 5%. surprised to see so little interest in RGM.

Excellent RGM article here..

http://www.proactiveinvestors.co.uk/articles/article.php?RGM


"...The jewel in Regencys crown is currently the 584 square kilometre Mambare nickel laterite project in Papua New Guinea which is located at 800 metres altitude on a plateau just north of Kokoda (which the historians among you may know better as the site of a number of world war two battles and campaigns). Parts of the area have been explored for nickel since the 1960s, and in 1999 Anaconda Nickel Ltd (now Minara Resources) reviewed the data on a 158 square kilometre section of the project and estimated that the limonite laterite which lies under 3 to 5 metres of ash overburden contains at least 200 million tonnes of ore with 1% nickel, 50% iron ore and 0.1% cobalt. The saprolite layer beneath has not yet been extensively drilled, but preliminary estimates by Regency suggest that this could contain a further 200 million tonnes grading 1.25 to 1.5% nickel. If correct these estimates would rank Mambare as a large scale producer, with a potential resource, according to Andrew Bell, of 25bn..."

Been watching for the last two weeks and still not in the only cancellation I think it has rubbed on to my INDY up 16.67% today.

Both companies move up on very small volume.

very good looking chart, albeit only since april and even if rsi is now top heavy ...... too small for (me) CFDs and as always with these minuscule stocks, tread warily as they are illiquid

exciting at the moment though!! just sold HAWK to add here fingers crossed this rise continues on the back of tmc. ALD is another which is only just beginning-largest nickel mine in china! PMHL--largest cement maker in china is another yet to take off!

yup .... saw and posted that article in Sunday Times ...... PMHL looks a much better prospect to me that WCC as it is already profitable and even paying divis!

was just looking up this thread to add a chart, but no need with Mr.C's above....
surely racing ahead of moving ave's and overbought, time for a re-tracement to 6p area???

Regency Mines begins drilling at its Mambare license in Papua New Guinea - AFX


LONDON (Thomson Financial) - Regency Mines PLC said it has started drilling at its Mambare license in Papua New Guinea with an objective to identify a limonite ore resource to start direct shipment.

The programme will begin on 100 metre centres at the southern end of the license along the Ukita and Namara ridges and covers areas previously explored by auger drilling and pitting, the mining company said.

I feel a breakout is on the cards here . Good news soon , will send the sp north .

What good news?

RRR starting to produce.

A lot of buying in this one . 8p on its way next week .

flying along this morning and 8p firmly in sight... at least countering TMC fall

Got a few more of these , a new high is just around the corner .

3 mil B trade ? Has another broker got a big buy order ?

RNS Number:3886A
Regency Mines PLC
17 July 2007

REGENCY MINES PLC


Director Shareholding


Dated: 17 July 2007


Regency Mines plc ('Regency' the 'Company') the mining exploration and mineral
investment company with interests in copper and nickel in Western Australia,
Queensland, and Papua New Guinea, was notified on 17 July 2007 that Kenneth
Frank Watson ('Ken Watson'), the Company's managing director, sold 3,000,000
ordinary shares of 0.01p each in the capital of the Company ('Ordinary Shares')
at 6.375p per Ordinary Share on 17 July 2007. Following this transaction Ken
Watson is interested in 10,000,004 Ordinary Shares representing 5.87% of the
issued share capital of the Company. The sale was for personal reasons and Ken
Watson has stated he has no intention of selling any additional Ordinary Shares
in the near term.


Enquiries:
Andrew Bell 07766 474849 Red Rock Resources plc Chairman

John Simpson 020 7512 0191 ARM Corporate Finance Ltd Nominated Adviser

Ron Marshman / John 020 7628 5518 City of London PR Limited Public Relations
Greenhalgh


Updates on the Company's activities are regularly posted on Red Rock's website,
www.regency-mines.com.


This information is provided by RNS
The company news service from the London Stock Exchange
END

RDSSFDFLWSWSEFW

Apart from that , a lot of blue again .

taking it at face value, he may have personal issues, but i dont, so added a few at around 7p...

Yes , I did the same .

Looks like the 3 mil all got sold on . A group of late trades from yesterday showing at 7.24 , it looks like buys .

has somewhat lit the touch paper this afternoon...

Have no longer got L2, and cant see any 15min delayed trades, but presuming there must be some increased volume buying this afternoon...

Ted, all related to red rock increase today, this could really fly in the near term.

am i correct in saying Regency owns 43% of Red Rock...


RNS Number:4100F
Red Rock Resources plc
09 October 2007


RED ROCK RESOURCES PLC


Exploration Update


Dated: October 2007


Red Rock Resources plc (the 'Company') the mineral exploration and development
company focused on advancing iron ore, uranium and manganese projects in
Australia and East Africa, holds the Mt Alfred license E 29/581 in Western
Australia. The license, as described in the Company's Admission Document, covers
an area of 210 sq km with large areas of Banded Iron Formation ('BIF')
accumulation including multiple horizons of 15m to 100m width over 14 km of
strike, forming a prominent line of north striking hills up to 90m above the
surrounding plain level.

When the Company entered into an option agreement announced on 28 May 2006 with
Jupiter Mines Ltd (ASX code: JMS) ('JMS') covering certain of the Company's iron
ore tenements, exercise of which was announced on 29 May 2007, Mt Alfred, the
largest tenement, was not included in the option but was retained by the
Company. The results of JMS's recent drill programme at Mt Mason, on the
boundary of the licenses in which the Company retains a royalty interest, were
released on 4 October, and were considered encouraging by the JMS directors.

Recent exploration activity in neighbouring areas has produced significant
results. On 8 October 2007 Iron Mountain Mining Limited (ASX code: IRM), a
company listed on the Australian Stock Exchange ('IRM'), announced sampling
results defining 8.8 km of mineralised strike length at the Iron Mountain, Mount
Alfred, and Brooking prospects within their license no E29/571, and a planned
RAB (rotary air blast) drill programme to begin in mid-October.

IRM also announced that at the Iron Mountain prospect 21 rock chip samples
within a sequence of Banded Iron Formation (BIF) and ferruginous sediments
averaged 61.3% iron over 2 km; at Mt Alfred 8 samples averaged 58.5% over 2.8 km
of strike. At Brooking 6 samples averaged 59.14% over 4 km. All three prospects,
Brooking to the south and the other two to the north, form a continuation of the
trend that runs through the Company's Mt Alfred license. IRM's Mt Alfred
prospect lies directly north of, and crosses into, the Company's license.

Further details of recent exploration by IRM and JMS may be found on the
Australian Stock exchange website.

The Company is planning an exploration programme at Mt Alfred to follow up on
iron and copper potential.


Enquiries:


Andrew Bell 07766 474849 Red Rock Resources plc Chairman
John Simpson 020 7512 0191 ARM Corporate Finance Ltd Nominated Adviser
Ron Marshman / John 020 7628 5518 City of London PR Limited Public Relations
Greenhalgh

Updates on the Company's activities are regularly posted on Red Rock's website,
www.rrrplc.com.


This information is provided by RNS
The company news service from the London Stock Exchange
END

DRLBSBDGSXGGGRC

Regency Mines plc is focused on exploring areas of copper and nickel potential in Western Australia and Queensland. It seeks to add shareholder value by systematic exploration and, where appropriate, development of these assets, and by joint venture, acquisition, and disposal. Since listing on AIM on 22nd February the company has seen the listings on AIM of Thor Mining plc (AIM: THR) on 29th June and of Red Rock Resources plc (AIM: RRR). Regency holds 8.2m shares in Thor (4.5%) and 101.25m shares in Red Rock (62.6%). The assets now held by Thor and Red Rock were not part of the portfolio held by Regency at the time of its IPO in February. The Regency tenement portfolio includes extensive areas of known mineralization, on some of which exploration has returned high grades. Exploration of Bundarra has begun with a soil sampling, mapping and radiometric analysis programme that yielded significant results, a programme for the Lake Johnston belt is being planned

MOLYHIL MINING RESERVE UPDATE


Dated: 30th October 2007



Thor Mining PLC ('the Company' or 'Thor'), AIM, ASX: 'THR' the specialist metals
company focused on advancing tungsten-molybdenum and uranium projects in the
Northern Territory of Australia, today announces an updated JORC compliant
reserve estimate for its 100%-owned Molyhil Tungsten-Molybdenum Project in the
Northern Territory of Australia ('Molyhil') and results of the recently
commissioned review of the capital cost estimate for Molyhil.


HIGHLIGHTS


98% increase in overall JORC compliant reserve to 2.15 million tonnes.

Proposed processing rate increased to 400,000 tonnes per annum.

Life of mine to extend to over 5 years.

Capital expenditure review completed indicating a 400,000tpa operation
can be developed for approximately AUS$63.3 million, including additional
owner costs, this has resulted in substantially lower estimated annual
operating costs.



Reserve Update


A revised resource of 3.73 million tonnes at 0.51% combined tungsten (WO3) and
molybdenum (MoS2) was announced in August of this year. The new reserve is based
on only the measured and indicated categories of that revised resource which
totalled 2.93 million tonnes at combined grade of 0.59%

LONDON (Thomson Financial) - Red Rock Resources PLC said it will start its iron ore exploration programme on November 6 at its Mt Alfred tenement in the Eastern Goldfields area in Western Australia.

The mineral explorer said the short programme will follow up the recent successful sampling programme by Iron Mountain Mining Ltd in adjoining areas of their license by taking rock chip samples along the identified mineralised trends.

The company said it will follow up as soon as possible with a rotary air blast drill programme to confirm the continuation at depth of surface mineralisation.

Red Rock also said it is reviewing a possible participation in the exploration of over 4,000 square kilometres of uranium prospective ground in northern Africa, as well as other opportunities.

fliper
You still on these then. RRR that is

Regency Mines plc is focused on exploring areas of copper and nickel potential in Western Australia and Queensland. It seeks to add shareholder value by systematic exploration and, where appropriate, development of these assets, and by joint venture, acquisition, and disposal. Since listing on AIM on 22nd February the company has seen the listings on AIM of Thor Mining plc (AIM: THR) on 29th June and of Red Rock Resources plc (AIM: RRR). Regency holds 8.2m shares in Thor (4.5%) and 101.25m shares in Red Rock (62.6%). The assets now held by Thor and Red Rock were not part of the portfolio held by Regency at the time of its IPO in February. The Regency tenement portfolio includes extensive areas of known mineralization, on some of which exploration has returned high grades. Exploration of Bundarra has begun with a soil sampling, mapping and radiometric analysis programme that yielded significant results, a programme for the Lake Johnston belt is being planned . yes

fliper
Cheers, so RGM would be the share to hold.

Regency Mines in agreement with Asian co for possible substantial investment - AFX


LONDON (Thomson Financial) - Regency Mines PLC said it has entered into a 'Memorandum of Investment and Co-operation' with an Asia-based investment group which could lead to a substantial investment in the company and in one of its projects.

It also said drilling has recommenced at its project area in Kokoda in Papua New Guinea even though tropical cyclone Guba left the road to this area impassable.

The copper and nickel mining company said it is now able to maintain communication and is able to resupply its camp in Kokoda by air.

A very welcome rise today...

Regency Mines PLC
24 April 2008

REGENCY MINES PLC

Issue of Equity
Dated: 24 April 2008

Regency Mines plc ('Regency' the 'Company') the mining exploration and mineral
investment company with interests in copper and nickel in Western Australia,
Queensland, and Papua New Guinea, has issued 17,500,000 new ordinary shares of
0.1p each in the capital of the Company (the 'Shares') at 2.25p per Share, to
raise 393,750 before expenses, conditional on the Shares being admitted to
trading on AIM.

City Equities Limited has agreed to subscribe for 10,000,000 Shares at 2.25p per
Share. Following the subscription, City Equities Limited will hold 10,000,000
Shares, which is approximately 4.7% of the issued share capital as enlarged by
the placing.

John Watkins, a director of the Company, has agreed to subscribe for 150,000
Shares at 2.25p per Share. Following the subscription he will be interested in
26,500,000 Shares which is approximately 12.4% of the issued share capital as
enlarged by the placing. Andrew Bell, a director of the Company, has agreed to
subscribe for 100,000 Shares at 2.25p per Share. Following the subscription he
will be interested in 43,744,265 Shares which is approximately 20.4% of the
issued share capital as enlarged by the placing.

Following the issue of these Shares the Company's total issued share capital
will be 214,440,662 Shares. Application has been made to the London Stock
Exchange for the Shares to be admitted to trading on AIM. Dealings are expected
to commence at 8.00 a.m. on Wednesday 30 April 2008.

Regency Mines signs nickel drilling contract with JCP in Papua New Guinea - AFX

LONDON (Thomson Financial) - Regency Mines Plc. said it has signed a 10,000-metre rotary drilling contract, extendable to 20,000 metres, with JCP Geo-Ex Services Inc at its Mambare lateritic nickel-cobalt project in Oro Province, Papua New Guinea.

The copper and nickel mining company active in Australia and PNG said the programme will begin as soon as possible, and last an estimated 120 days for the initial 10,000 metres. Seven rigs will be operating, it said.

This and RRR are looking a bit dire.

Regency cut drilling to conserserve cash

Article here

Took a little gamble on these with 500 win or lose.

Up 15% not bad for an undervalued share.

Edit up 20%.

A good value to buy into RGM...at 0.8p

BUY RGM...it is drifting upwards.

I already have hlyeo.

Someone dumping large blocks bigtime over last 2 days,anyone any ideas, especially with good news coming hopefully, or are they delayed buys?

I have high hopes they will recover to 2p in the next months.

Doubled my money here.

Mitzy, well done but dont sell just yet, i would leave these for at least 2 years, if nickel starts to make a comeback you will be quids in!

Hi pisces no I topped up this am worth 5p imo.

Reckon the wheels come off this one mitzy, hope you sold at 1.7

A bit late noe I bought @ 1.85p today.

Yuo should have gone into red rock a day or so ago.

Biggest one day rise for some time hoping it gets to 2p.

Looks like this one could be the next amc.

UP 200%,over and out,banked profits while its rising.

Big mistake for me here.

Me too Mitzy, this could be a long wait now....:((

Guys sorry to hear that,i was obviously very lucky,it rose so quick on fri am,i sold an hour later,it too some time to sell,the rise had fallen from 5p to 3.85 ,i will still buy some this week if sp stable awaiting news.

Back in this morning,i think this still has legs.

The legs are getting shorter now.

hlyeo
Not seen you on the BAY bb,PROBLEM?,you really do come over as an unsavoury piece!

Legs are getting much longer now

whatever.

from the "UPS" thread late yesterday .......

Master RSI - 19 Nov'09 - 22:20 - 172 of 191 edit

KEEP and EYE

RGM 2.05p
First day of bounce after a 84.2% fibonacci retracement. Indicator Stochastic at oversold and ready to move higher

Is moving further UP today now 2.10 / 2.20p as larger trades are showing at the ticker

   

Jeez 84.2% Fib?? Talk about choosing retrospective indicators to suit an argument

ptholden

re - retrospective indicators

maybe you want to explain a bit more, being argumentative

Information about the company .......

proactive investors

Announcements/RGM

direct nickel

The level 2 is

2 v 2 but if counting Plus market then is 3 v 2 at spread 2.10 / 2.20

Thanks Master.

might be worth talking on here again now.

With the rise of RRR and Rgm owning almost 25% of it, RGM seems left behind a bit.

With news expected soon re JV etc. all that potential is very cheap now imho.

DYOR

How about SVE, own a huge chunck of both RRR and RGM? so not sure what there true value is-will be?

Regency Mines PLC Strategic investment

http://moneyam.uk-wire.com/cgi-bin/articles/201011121317111078W.html

Oracle Coalfields (PLUS:ORCP) will receive just over 1 million after acquiring a new cornerstone investor who is taking a 10.04 per cent stake in the company.

Regency Mines (LON:RGM), led by Andrew Bell, is buying 18.5 million shares for 5.5 pence each, a premium to the current market price of 5.125p.

Oracle, which is developing a 1.4 billion tonne JORC measured lignite coal project in Pakistan's Sindh Province, also unveiled plans to list on AIM in the first half of 2011.
Proactiveinvestors recommends

* Landore Resources: nickel, iron, gold and lithium mineral explorer advances closer to production
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Chief executive Shahrukh Khan said: "We're delighted that Regency Mines has recognised the growth potential of Oracle Coalfields and decided to make an early investment in the company.
Regency expects to add to its shareholding following the subscription, which is encouraging and we welcome their long term support.

We have recently announced the extension of our exploration licence and are proceeding towards the bankable feasibility study as planned."

Regencys Bell has a keen eye for a good investment and his company already has interests in Western Australia, Queensland and Papua New Guinea.

In a statement to the stock exchange
Regency said: We see the opportunity to become a strategic investor in Oracle, with close cooperation in a potentially fast growing coal business
with good management.

Regency expects Oracle if it succeeds in its objective of admission to trading on AIM to achieve greater investor recognition and support, and considers the price at which the investment is being made to be advantageous.

The investment is consistent with Regency's philosophy of seeking strategic long term involvements in projects where the scale of planned operations and the price of entry create the opportunity of large and compounding long term returns.

Oracle is developing Block VI of the Thar Coalfield, which is located 380 kilometres east of Karachi in Sindh Province.

It plans to excavate lignite coal, which is brown in colour and has lower calorific value than the thermal coal that goes for export from places such as Indonesia.

Output from Thar will be used for power generation and specifically for new plants being developed by local utility KESC.

The two have a memorandum of understanding, which it is hoped will metamorphose into a supply agreement once both sides have concluded feasibility studies.

While coal production is expected to begin in 2012, it could be another three years before KESC has a power plant up and running.

Oracle has found a neat way use the time until then.

It plans to supply coal to Lucky Cement, the nations biggest producer of the material, and also hopes to sign up some of its smaller rivals. Output is expected to be initially up to 1 million tonnes per year to supply the cement works with additional 2.5-3 million tonnes a year production to supply KESC at the time of power plant commissioning.

The next year to 18 months will be the most crucial in the companys short history as it takes the project through to a bankable feasibility study.

BUY RGM at 4p now... great potential.

Rather odd to say the least, but for once Miss Hlyeo I tend to agree with you.

In addition to their interest in Oracle, RGM also appear to hold 135M shares in Red Rock Resources (plus Alba Minerals - but they're not worth much) which at today's closing price is worth 15.5m. Additionally, they have their own exploration programme, which may come to nothing, but assuming RRR and Oracle continue to prosper, RGM look seriously undervalued.

Happy for anyone to correct those assumptions.

Your sounding more like cynic every day pt....

Bb, good grief, probably best the old fart is lost in France somewhere!

I forgot to mention that RGM's market cap today is a tad over 20m, of which RRR account for 75% and Oracle 5%, hence the undevalued assumption. Clearly if RRR goes South I would imagine RGM will head in the same direction until their own activities bear fruit (assuming they ever do).

ptholden

I agree, Oracle is trading over 6p RGM paid 5p so are already in profit. If RRR goes to 30p 60p as some are suggesting this looks very undervalued.

bought into RGM on Friday at 4.17p.
I'm already in RRR from a few months ago at 2.25/2.5p so very happy with current sp level hoping that'll go much higher (imho)

Also bought some BOA on Friday.

I'm also in AAU, VOG and VGM which is now a 3.5 bagger for me...so it's all looking good at the moment!.

Interview With Regency's Chairman Andrew Bell Last Fri 13

http://www.miningmaven.com/companies/regency-mines/196-regency-mines-ask-the-oracle

MM: What potential do you see in Oracle Coalfields in the future and how do you view the geopolitical risk?

AB: Do we see the potential for a 50p stock within months of AIM listing? Certainly, and with some confidence. But that will only be a stepping stone.

If Oracle gets to 50p RMG could muti bag on that alone with out news of on Queensland, updates on WA, updates on Mambare,

Gutted my order wasnt filled first thing this morning, but position opened during the early retrace - wait and see time.

ptholden
Also topped up today, this stock has momentum we could be seeing percentage gains every day for the next couple of weeks looking to double at least before the end of the year.

Motoring today could see 5.5p + at the end.

('Regency', 'Regency Mines' or the 'Company')

Update 18 November 2010

http://moneyam.uk-wire.com/cgi-bin/articles/201011181306044349W.html

Driver, whilst I don't expect to see daily gains, I am hopeful of a sustained rise and re-rating of the company / SP. Clearly this will be dependant on their own activities, supported by regular news flow and the comapnies in which they, themselves have invested. I do hope that RRR come up trumps as any slump in their SP will have a real negative effect on RGMs.

I increased my position on Tuesday although still not to the level I originally intended on Monday, both are now in profit.

pt

Motoring again.

Yep..looking good! I'm 60% up on my buy in level from Monday and looks as though there's a lot more to come! (imho)

skyhigh

Like wise 62% up.

Regency Mines PLC Update 1622HRS

http://moneyam.uk-wire.com/cgi-bin/articles/201011191622445362W.html

Nice finish 40% up.

Never a quiet moment with RGM right now and it's becoming increasingly diificult to attribute a SP valuation. RGM's investment in RRR and RRR's investment in Ascot, not to mention the latest RNS which will dilute; problem is, no idea how much until Friday next week! Having said that, will the Market view this latest arrangement as company enhancing (I suspect it will) and if so by how much in mkt cap terms? All very interesting stuff, which may transform RGM over the coming years. As I had never intended to invest long term (two spreadbets) I'll probably be out soon, question is, at how much profit if any at all (certainly won't be a loss though) ? Hmmm........

Splendid.

mitzy
Splendid AND Impressive.

sold half for 5.25p p/s profit. whilst it is never wrong to bank a profit i do wonder if i sold too early.

also in RRR and sold 3/4 of my holding [half too early this morning at 17p and remainder at 19p] will wait and see if there is a slight retrace as they surely can't keep going up without stopping!!

GLA

Alex

robertalexander

There may be a retrace on RRR but when who knows, theres more news to come even this week so its a hard share to be out of. Also dont forget every time RRR goes up RGM is right behind.

Driver,

first in RRR @1.9p so prudent to take some profit. not completely out but have reduced exposure. am looking to top up on any weakness. likewise with RGM as both interlinked.

Initial buys were small [10000 shares]so although big % gains, profits not massive. As is the nature of penny stocks when they come good they fly but when they sink ... and i have held a few of those [IVE, GIP, SEO] hence my more cautious approach initially.

This is my hobby and obviously i like to make money but can only play with what i have. Wife and 3 kids preclude adding any more money to my play fund so these profits keep me afloat for a bit longer.[ and will allow me a few more stinkers along the way too. LOL]

Alex

robertalexander

Fully understand your caution, I also lost out in IVE, cmr, BB, and SEO am now enjoying the ride on these two getting some of my losses back at last.

getting close to topping up levels now. hopefully the market malaise will present an opportunity late today. looking for ~8.25 for RGM and 17 for RRR
GLA

Alex

RRR is 17p now but I think it's a bit early to get in. I am waiting for 2morrow for the Irish budget which may slide the market.

my thoughts[the too early bit] any ways.

back in again at half intended levels. RRR@16.49 and RGM@8.25. Should they falter tomorrow can top up with the other half i intended. heres hoping for another rollercoaster day tomorrow.

Alex

Too early too quick this morning, probably doesn't bode well for tomorrow, but with RRR and RGM who knows. Massive volumes during the last week or so and no way of knowing if the major trades are buys or sells. I hope I don't notregret closing today, but to be honest I wasn't watching and missed the spike to 11p, albeit had plenty of time to sell at 9.25-9.50p.

top sliced 10p today - what a great day!! roll on tomorrow

As I expected, Robert, are you topping up today?

will do but trying to find bottom

robertalexander
Below 7.4 looks good to me.

in again at 7.25p

Alex
Well done, I sat on my hands the last two days wish I hadnt.

its only by good fortune that i was off y'day else i would have missed the boat.

I will wait for tomorrow again... looks weak at the mo.

RRR and RGM both down today... looking for better price ? 5-6p for RGM

Charts looking better, possible blue tomorrow.

RGM looks stabilising at the mo.

Waiting for announcements any time now from RGM or RRR before the end of this week.

A lot of buys showing as sells mine did.

Topped up today on the dip very nice.

Sold mine yesterday morning before it dipped at just below 8p, annoyed I didn't dump in the 9s during Monday, but hey ho. I'll perhaps buy back in when this DNi business is sorted out and how much dilution is on the cards.

Driver and ptholden on one thread, long-time no see

Andy

Hi Andy long time, you should be on these two (RRR RMG) with your experience.

Hey, Andy, how's life? Doing ok I trust?

OK, business going well, share trading was bad in 2008 like most people but learnt some lessons, 2010 been good though, doubled money so far and looking for next bargain to boost my profits

Well done Andy.

Not sure where RGM's SP is going next, a RNS was promised for this week, I would expect anytime soon this PM. Unless the DNi partnership is considered a real company maker (which it might be) I would expect the 30% ish dilution to kick in either today or next week. I suspect there will be plenty of time to buy back in once the mist clears. I for one would love to get back in between 4p and 5p.

More likely to get on RRR than RMG I think based upon this dilution issue. Watched RRR at 6-7p whilst researching and then it shot up whilst I was away, bugger. RRR seems steady at 15-16p, wish I'd seen the dip to 13p the other day, still deciding whether 15-16p is a bit rich and whether potential is much higher. Been making my money on CHL, PTR and ETO this year but banked profits recently and looking for next investment having also been in and out of PGD for small profit this week, sometimes trading is as profitable as investing. Also did some trading recently on GGG making quick gains but it also looks good for long term investment.

TD Waterhouse clients

"Finally, Regency Mines (RGM) joined its associated company Red Rock Resources (RRR) in the top ten buys and sells, placing seventh among the buys and eighth among the sells, after both companies announced new investment plans. Regency will invest in Papua New Guinea's Direct Nickel Ltd, while Red Rock will invest in Central America-focused Ascot Mining."

http://www.easier.com/80963-td-waterhouse-ireland-debt-crisis.html

TD Waterhouse clients

"Finally, Regency Mines (RGM) joined its associated company Red Rock Resources (RRR) in the top ten buys and sells, placing seventh among the buys and eighth among the sells, after both companies announced new investment plans. Regency will invest in Papua New Guinea's Direct Nickel Ltd, while Red Rock will invest in Central America-focused Ascot Mining."

http://www.easier.com/80963-td-waterhouse-ireland-debt-crisis.html

Regency in 2m loan to finance Oracle stake

The company said it now expected to make a fuller announcement on Mambare and its investment in Direct Nickel Pty Ltd later today.


http://www.moneyam.com/action/news/showArticle?id=4019555

New Finace Video Direct Nickel (DNi) Talking about the Regency Deal

(Click On The Chairman Julian Malnic To Start Vid)



http://www.abnnewswire.net/press/en/64292/Direct-Nickel

Media Release: 29 November 2010

Direct Nickel Limited Announces $6m investment by JV partner Regency Mines plc and acceleration of its exploration program on Mambare Nickel
Project in PNG Regency Mines plc invests $6m in Direct Nickel Limited placement Direct Nickel and Regency Mines to each spend $1.6m in laterite nickel exploration on PNG project
Direct Nickel building Demonstration plant in Perth, WA Today Direct Nickel Limited (DNi) announced it will receive $6m in investment from its PNG joint venture partner Regency Mines (Regency) with the transaction being completed in two tranches over the coming weeks. The investment substantially fills DNis $10m open offering. Direct Nickel is a privately-owned, Sydney-based nickel company currently demonstrating a potentially revolutionary process with attractive economics for treating laterite nickel ores. The placement sets the Companys value at $75m, and reaffirms the June 2010 transaction where CSIRO committed to ~$2m equity investment at the same valuation. The CSIRO is Australias
premier scientific organisation. Regency and DNi are 50:50 joint venture partners in the Mambare Nickel Project where pitting and drilling has previously been estimated to contain 5- 7 million tonnes of nickel. The project is located 85km West of the port of Oro Bay, Oro Province with unusually good access facilities by PNG standards. It lies 100km Northeast of PNGs national capital, Port Moresby. Both parties will now each spend ~$1.6m to immediately advance the drilling and definition of the resource. Work will be managed by a joint Operating Committee with DNi taking on the role of Operator. DNi management is familiar with the PNG working environment through their building of Nautilus Minerals Inc (TSX:NUS) which has been PNGs leading mineral explorer for a number of years. Recently released airborne geophysical data covering the Mambare area was collected for the Papua New Guinea Government and has guided a revision
of the exploration and drill programme. The partners first announced a joint venture co-operation on 6 November 2009 with a commitment to pilot and apply DNi's advanced nickel-cobalt
extraction technology. With the demonstration of the Direct Nickel Process reagent recycling circuit completed in August at its facility in Charlotte, North
Carolina, DNi is now in the final design phase for the building of a Demonstration Plant at Waterford, Perth. A joint technical team of the DNi and the CSIRO will build a Direct Nickel
prototype facility to process one to five tonnes a day of ore from various deposits in which DNi has equity participation. DNi has engaged respected Perth engineering firm GR Engineering Services to support the final design phase for building a Demonstration Plant at Waterford, Perth. Regency's investment of $6m will be in two equal tranches of $3m with the
first for payment on 26 November 2010 and the second for payment by 19 December. The consideration will be settled by the issue of new shares in Regency, at a price equivalent to the volume-weighted average share price of Regency for the five trading days up to and the five trading days after 18 November 2010. The existing agreements and understandings between the parties in relation to the joint venture are not superseded and continue to guide the parties in their conduct, and over the next weeks the parties will consider, revise, and
adapt the detailed documentation laying out the next stages. Regency made an announcement to the London Stock Exchange on 19 November 2010 following movement in is share price, and further announcements are expected from Regency shortly. Regencys investment substantially fills the total $10m placement on offer in Direct Nickel. The Company is now resolved to fill the remaining $4m and to bring forward its exploration programs. (All figures are in US dollars)

All good stuff Driver, but.........

RGM have 12 months to pay back $2.40m (12% seems steep, although it may be the current going rate). At the moment they have no revenue streams and unlikley to have so before repayment of the loan is due. I can only assume they will have to sell assets (shares in RRR or ORACLE) to do so. I imagine RGM expect both SPs to have risen significantly by Nov 2011, it may prove to be an astute move to borrow money rather than selling any RRR shares now - only time will tell.

Although only a small concern RGM don't seem to be meeting the update deadlines they are setting themselves, perhaps out of their control? I think most were expecting more news on the DNi partnership, certainly the VWAP figures last Friday and certainly by COP today, but still nothing. I would certainly expect something tomorrow. I think the VWAP will be somewhere in the region of 6p, therefore dilution of 100m shares or 20%, rough calcs. Will the DNi tie up be considered worth that much? We'll find out soon.

Overall, RGM seems to be a play on the success of other companys and I wonder if direct investment in Oracle / RRR or even Ascot is a better way of maximising returns?

food for thought here - i picked up on that 12% rate too - probably due to risk more than anyhting - interesting day ahead

gibby, I do quite like what Mr Bell is doing here, but the fact remains, they are not creating revenue yet and won't be for sometime. I am also a little wary of the fact RGM's biggest investment (thus far) is in one of his own companies. There is significant inter-related activity here, all under the control of one person. It's perhaps a concern I shouldn't be worrying about, but then, I'm a cautious chap.

DNi note out and dilution considerably less than I expected, good news for RGM holders I should think.

pth - yes - dont forget other inter related companies such as ggp, cue etc - nothing wrong with being cautious - but do not see it as a major concern - maybe even a positive - knowledge share, synergies, partnerships etc etc

gl

Happy to hold, DNi, Oracle and news soon from RRR on start up of Gold production. The Potential is massive for RGM 40P target for 2011

Does anyone know why RGM have dropped so much today and so many sold.

3 monkies

Its being traded selling high and buying back in after yesterdays hike, Im happy to just hold.

Dear Shareholders and Colleagues,

I am sure you are aware of our significant shareholding in Paraguayan uranium explorer Cue Resources Inc., the price of which has been strong recently. The link to their website is http://www.cue-resources.com/s/Stock_Info.asp

Backing Cue and its management have been an important plank of our uranium strategy, which we also pursue through our controlling stake in Resource Star Ltd (ASX: RSL).

John Icke of Cue is in town for Mines and Money, while his team continue drilling at Yuty. He is coming in to our office and will be hosting an investor phone-in at 9 a.m. tomorrow, Wednesday December 1st. So if you are immobilised at home by snow, all is not lost: you can occupy yourself productively by picking up your phone and joining in!

Cue is at a most interesting stage, as is the whole uranium market, and we are optimistic of the prospects of them expanding their NI 43-101 declared Resource at Yuty as they continue to roll out their exploration programme. This project has always attracted major company involvement, and if the Resource can be increased further, it will be at the size where it could be expected to attract a lot of attention.

We enclose a copy of the latest presentation, which you will find it helpful to have to hand if you call in.

Please dial into the conference on one of the numbers below. Enter the PIN Code 213129# when prompted:

Dial In Numbers
Freephone No: 844 822 2304
International No: +44 (0) 20 8322 2500

Meeting Zone No: 0808 109 5644



The following call controls are available from your phone keypad:

Yours,



Andrew Bell

Follow the Cue link above then click on Presentations to view

Driver,

"The Potential is massive for RGM 40P target for 2011" .... is this an estimation from elsewhere or is this yours (& if so, how is the 40p arrived at?)- thanks



Paid 9p for a top up yesterday (first buy level was 4p a few weeks ago)

....gutted that it's retraced but I'm in for the med/long term and confident that the sp will go to much higher levels....good story developing here (imo)

skyhigh

With RRR soon to be in Gold production and the Ascot deal plus Cue AB want to see a M/Cap of 500m for RRR about 75P a share IMO this could happen, that would be 20p on RMGs sp without DNi,and Oracle 40p here is achievable IMO.

Thanks Driver...well put.

That's good anough for me.... and confirms my intention to hold both for the long term.

also bought some OTC this morning and already in profit...waiting for BAO also to go north!

74th Minesite Forum

"7th December 2010


Armourers' Hall, 81 Coleman Street, EC2R 5BJ
(nearest tube station is Moorgate)

Registration - 9am
Presentations beginning at 9.30am

Regency Mines, through a diverse portfolio, has exposure to various commodities throughout the world, including coal in Pakistan, nickel in Papua New Guinea, and nickel, copper, and gold in Australia. It also owns just under 21 per cent of sister company Red Rock Resources, which is on the cusp of gold production in Central America, and which also has interests in manganese, iron ore and uranium. Regencys most recent deal involved a 1m investment in PLUS-traded Oracle Coalfields, which will shortly move to Aim."

74th Minesite Mining Forum - Regency Mines Plc 7 Dec 2010

http://clients.westminster-digital.co.uk/minesite/microsite/events/74/video/index.aspx?companyid=74_1

This is starting to look very cheap at this price with all the news from RRR and RGMs own news Re Oracle and DNi to come at the beginning of the New Year.

Regency Mines PLC
Issue of Equity

http://moneyam.uk-wire.com/cgi-bin/articles/201012141716029616X.html

Latest interview with A. Bell on RGM.

http://www.youtube.com/watch?v=myXaMNdEvE8

Pakistan coal move cheers Oracle
Article Date: Dec 22 2010

Advertisements for companies to put at least $150 million (97 million) each into Pakistan'sThar coalfield have pleased Thar hopeful Oracle Coalfields. Placed in various newspapers in London and elsewhere by the government of Sindh Province, which holds the Thar lignite (brown coal) deposits, the ads offer stakes in Thar blocks 1, 111B, 1V and V11, each of which is thought to to contain potential resources of a billion tonnes.

Oracle Coalfields, traded on PLUS and steered by Pakistani entrepreneur Shahrukh Khan, is interested in Thar's Block V1, with reserves of 371 million tonnes and claimed potential resources of1.4 billion tonnes, to feed Pakistan's power-hungry home market. Khan, who argues Oracle has a two and half-year lead on new entrants, talks of a bankable feasibility study this year, followed by financing of the 200 million project and development starting in 2012.

AIM-quoted Regency Mines recently paid 1 million at 5.5p for 11.3 per cent of Oracle, whose shares are strong at 7.125p (with a 0.75p spread), valuing the company at 3.1 million. Oracle, which has had several fundraisings on PLUS and will no doubt come back for more if Thar develops as projected, has a long-mooted AIM move under consideration, but Khan will not commit himself to a timetable.

The shares are clearly speculative and Pakistan presents undoubted perceived political risk, though Sindh has been relatively trouble-free, as well as offering major possible future opportunities. But the gamble could eventually pay off handsomely if all does go well.

http://www.growthbusiness.co.uk/news/smallcap-spotlight/1307993/pakistan-coal-move-cheers-oracle-.thtml

At the mid price of 7.1p, RGM's investment in Oracle is already showing a profit of 300,000. Although clearly a very speculative stock the investments in Oracle and DNI, underpinned by association with RRR may have a real positive impact on RGM's SP during 2011. As Cynic would say, money married to mouth (big, some would say) at 6.2p. Second time for me having bought in previously at 5p and sold at 8p.

Incidentally, watching L2 this morning and someone (or someones) is buying stock directly through the book in 100,000 & 200,000 tranches but because they are AT trades, they're being reported as sells.

ptholden
Welcome back, you got it right when you said it would drop back, RGM is looking very positive for 2011.

Driver

Unfortunately I missed the 10p, but hey ho, still a nice profit banked.

Hopefully, we'll see Oracle listed on AIM next year, which is really a bare minimum expectation for RGM's investment.

Also need to see RGM making some billy big steps in becoming a resource producer in their own right; might as well invest directly in Oracle or RRR otherwise.

excellent forward looking statement released today.

onwards and upwards.

buy and HOLD imo.

well glad i am in - bell stated he sees a good year ahead (2011) for rgm, rgm i believe has a 20M stake in rrr - but yes need to see rgm become a stand alone producer which i would imagine will happen next year - the sooner the better

Just right, good results and Indicators on the right place moving higher from the lower place oversold, after a long retracement

The large stake on RRR is worth 21m, and could be much more when they go into production on a couple weeks

Re: AGM today

Compliments to .....vipassana 1

" I didnt take notes today during the AGM (school boy error) but from memory I will try to add to Acto and Southernstars posts...

Out of the two meetings I thought the RGM one was the more bullish...Perhaps as I have a far larger holding here than over at RRR could have played a part, but to me I came away thinking more about RGM than RRR...

AB acknowledged that 2010 was a quiet year but he said 2011 will be somewhat different....His words were watch this space...

Mambare could be massive as we know... although he admitted production is many years away, once the milestones are ticked off i.e. JORC late spring then DNi listing (which I have the feeling has no confirmed date....I have heard the end of next year, then March 2011 and AB said during the first half of 2011!!!), the share price will appreciate in value.
Im also sure AB mentioned something along the lines of... Once the DNi process is proven at the demonstration stage, people will really start to sit up and take notice at what they are doing, and start to look at Mambare in a different light...Its this stage our share price should really start to take off. DNi have told me in an email that the plant should be commissioned in August 2011 and hope to have completed the demonstration by the fourth quarter of next year.

The slow progress last year was due to a number of factors which include the Nickel price, delay in the geophysics and negotiations with DNi on possible ways to move the project forward.AB said it was only possible to take a stake in DNi because of the improvement in the RGM share price...This is because of the time spent developing RRR, which I remember was to the annoyance of some shareholders who posted here.IMO AB has played an absolute blinder with RGM... He has limited the dilution by increasing the share price through RRR .Trying to raise the money necessary with a share price of 1 or 2p would have killed this company, but by being patient and being very smart we have an acceptable number of shares in issue.

We as shareholders can expect news on Bundarra, which sounds very promising and more from Lake Johnston, which could be listed in its own listed vehicle on the ASX during the coming year along with RGMs other WA assets.

Both AB and John Watkins were both very bullish on Oracle... (In fact I may even consider an investment)... With the move to the AIM market Oracle should see its value increase considerably, with progress moving quite swiftly towards production possibly in 2012... It was mentioned Oracle has an II following which once the company is listed on AIM should see them taking stakes...

It was very interesting hearing AB talk about ALBA, which had been considered as a possible destination for Mambare...When Michael Nott was asked to comment he wouldnt say anything on this but just highlighted the companys assets...Perhaps Alba could be used by Oracle in some way to get its project on AIM?

So I guess in summary, 2011 looks to be a very promising year for RGM which I look forward to with a great deal of optimism....Roll on 2011."

The directors of Regency Mines (AIM: RGM), Universal Coal (ASX: UNV) and Caza Oil & Gas (AIM, TSX: CAZA) will be presenting:
Thursday the 13th January 2011,
Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB

The presentations will start at 6:00pm and finish at approx 7:30pm. After the presentations are complete the directors will also be available to take questions during a free canapand wine reception. Details on the presenting companies can be found below.

This event is suitable for the following:
Sophisticated & private investors, private client brokers, fund managers, financial institutions, hedge funds, buy & sell side analysts and journalists.

http://www.proactiveinvestors.co.uk/register/event_details/98

Dear Shareholders and Colleagues,

We would like to inform you that DNi is over in London to begin the implementation of the JV exploration program. Therefore, DNi will be available to discuss the DNi technology and JV at the conference call arranged for tomorrow Wednesday 12th January 2011, at 5pm UK time.

To join the conference, please enter one of the following numbers and enter the participant access code:

Meeting Space No: 08448222304
International No: +442083222500

Participant Access Code: 213129#

Bought some RGM today at 6.1p.

hlyeo98
Good move looks like 6p was the bottom only up from here, 20+% of RRR, Oracle + DNi this is looking very cheap at this price.

Investors warming to red hot coal market

Oracle Coalfields: Developing Pakistans largest ever coal mine

Oracle Coalfields (PLUS:ORCP) is on the precipice of bringing into production Pakistans largest ever coal mine.

The PLUS-listed firm has been working on the Thar Coalfield for the past four years and it now has a series of hurdles to negotiate in the next year to 18 months before the mine gets up and running.

Regency Mines (LON: RGM), which is led by AIM dealmaker Andrew Bell, is a cornerstone investor in Oracle, after it bought 18.5 million shares, or 20.04 percent of the company, for 5.5 pence each back in December.

The Thar project is located around 380 kilometres from Karachi in Sindh Province. Here Oracle plans to excavate lignite coal, which is brown in colour and has lower calorific value than the thermal coal that goes for export from places such as Indonesia. Its the sort of stuff that is found in abundance in Victoria, Australia and Germany.

Oracle has a measured JORC resource of 1.4 billion tonnes and proven reserves of 371 million tonnes.

It plans to develop the mine in two stages. First it will get the mine up and running with over 100 million tonnes in the proven category, while in the second phase it will prove-up another 200 million tonnes which will provide scalability over mine life.

The mines production has already been earmarked to target the coal-hungry domestic power generation market. The emerging coal producer is set benefit from the large amount of demand in the electricity in Pakistan, where power generation capacity has failed to keep pace with the developing nations massive population growth.

This means that in major conurbations such as Karachi, population 18 million, utility firms have to deliberately shut down power generators - something often referred to as load shedding - this can lead to outages of up six hours for some homes in the city. In Karachi the estimated daily power shortfall is between 2-3,000 megawatts.

Thar is expected to begin coal production in 2012.

http://www.proactiveinvestors.co.uk/companies/news/24521/investors-warming-to-red-hot-coal-market--24521.html

hope it does better with sp than Atlantic coal that seems to go no where fast.

yep add bhr to that - altough bhr picking up after being tipped in national newspaper - i like rgm - bargain basement prices recently

Thanks, driver. Lucky timing 4 me.

Confrence/call
1 http://www.youtube.com/watch?v=fGCNp3n3u3Y

2 http://www.youtube.com/watch?v=jXswKkVCgpM

Balerboy

ATC is going some where fast now.

Last Night's Presentation 13/01/11

http://www.proactiveinvestors.co.uk/genera/files/companies/regency_mines__13th_jan__compressed.pdf

disappointing sp performance lately...let's hope it perks up abit next week, and the week after that etc., etc., etc.,!

A good post from the other side to remind us why we are invested in RGM. Re: actonovator Cheers good post.

RGM is arguably way undervalued at its current mc of 32.7m.
What you get is the following:

Investment in Red Rock : 20m

A a whole raft of rns due and overdue
(Mt Ida, Migori, Colombia, Kansai, Australian
exploration, RSL mining results plus...),
which could easily see the value of RRR double
in the next month. And RGM on the back of it.

Investment in Dni (7.3%) 3.7m

This is a book value but would already seem
to be enhanced because of the investment (and
approval) brought by the CSIRO investment in Dni

Investment in Oracle Coalfields 1.5m

(Plus options at time of AIM listing)


Stakes in Cue Resources (Uranium) and Alba 0.7m

Alba more or less a shell at the moment but
with millions of shares changing hands recently
and speculation mounting - perhaps to be used for
Ascot or Oracle listings
or the RGM/Dni jv ?

A highly attractive portfolio of exploration
tenements in Aus:

- Lake Johnson - gold,nickel

(Munglinup - surrounding tenemnets quickly
pegged by surrounding explorers after RGM's
last results)

- Kambalda - gold/nickel

Difficult to value but take your pick with
comparisons to other AIM miners. In addition
RGM is superior to most in that has a fairly
liquid asset in RRR which could be used to
finance projects if cash became tight. And of
course there is the real prospect ofa cash
stream from RRR dividends.

Must be worth at least.... 5.8m


Cash ?? Perhaps 1m

Quite a few placings over the last year.
Approx 1.6 raised in last 4 months


This so far gives a total of 32.7m.


This is also (magically) today's market cap.

But what is not included is probably the most
important asset and is effectively in for free:

The Mambare deposit and 50:50 Jv with Dni.

I believe this is estimated to have between 5-7m tons of nickel at $25000 per ton.
This is a staggering figure especially when combined with the dni technoly which
promises to both HALVE capital costs and operational costs for nickel production.
Dni 's committement is clearly evidenced by their contribution of 1m to the current
exploration. Their recent conference call is a must listen http://soundcloud.com/oditmoras
It is clearly the component that could drive up the sp by 10,20,30 times.

All the non-Mambare assets will generate short and medium term news, hopefully starting
with Red Rock next week. Although the Mambare jv wont see production for 3-4-5 years,
there are plenty of significant milestones probably in the next year: Mambare jorc, jv
listing (Alba?), Dni listing.

The only reason the sp is so low is because of the issue of 26.8m shares to Dni and a
more recent placing of 4.2m. This is imo the only reason for the recent unusual trading
pattern .

Dni have no income and were always going to sell. Although the shares were officially
traded from 3rd Dec they probably began before then (which I understand is common).
Therefore we have had a potential 31m shares to absorb over the last 6 weeks. Difficult
to say how many have gone. But once they are gone we will get a re-rating. Perhaps a
significant rns from RRR next week will be the spur for a final clearance. Many AIM
miners have re-rated over the last 12 months. The only reason the RGM sp has
increased is because of its RRR holding. Imo once the overhang is cleared we are next.

good post driver - and oracle are about to switch imminently from plus mkts to aim...

& notes from 12/1/11 conf call......

Regency Conference and DNI (Private Company) conference call notes.....

Overview:

DNIs game changing technology is capable of revolutionising the laterite market. The technology is based on US technology developed in 1990s. The US program was closed due to low price of nickel at the time and cut backs in research. However the original developer of the technology is now part of the DNI team.

Process:

DNI utilises an atmospheric process which doesnt rely on high pressure and operates at low temperatures thus not requiring titanium or other exotic materials (reducing costs)

Recycles 97% of the reagent (sulphuric acid) used in the process (further reducing costs) only a small amount ends up in the tailings

DNI has been able to produce 95% magnesium oxide (with high reactivity) as a by product of the process opening a valuable potential to utilise iron, aluminum and magnesium as future revenue streams without much technological development required.

Reduced costs which equate to more or less 50% reduced operating and capital costs will allow DNI to start with much smaller scale developments and get early cash flows.

Developments:

Successfully completed recycle program in USA.

Plan tests at a demonstration plant in Perth due to be completed in 12 months. The plant will be capable of processing 1 tonne a day and DNI has secured funding from CSIRO a premier research institution in OZ.

DNI will issue capped licences to control where the technology is used to prevent flooding the market with the new technology. AB stated that the caps on the licences would not pose RGM any problems for years to come.

DNI will have a stake in RGM deposits hopefully making it will more advantageous for DNI to continue with RGM.

DNI could be floated over the coming year to generate the capital requirements to complete developments.
kerrchinnngggggggg

Looks like AB has sold a few for a bit of pocket money, I see no problem here an excellent share that I will add to when funds become available.

Wheres everyone gone?

Red Rock Resources
Announcement re Jupiter Mines
RNS Number : 7146Z
Red Rock Resources plc
19 January 2011

http://moneyam.uk-wire.com/cgi-bin/articles/201101190750097146Z.html

I am still here but frightened of saying anything because when I get excited about a share going up it ends up doing the opposite but nevertheless very good eh! May long it continue.

HOLD THESE ones i got them @1.54 saw them considerable higher .for me its long term hold.

Arn't you the llucky one I paid 7.90 so nowhere near yet but as the saying goes - patenience is a virtue. Shame I wasn't born with any!!!!!!!

3M

Long term this is a multi bagger from here so sit back and watch it grow.

I shall try my best, no choice as I cannot afford to loose anymore money, I know everything we do is a gamble but I must admit I think you are all right on this one. Thank you.

3 monkies , look for shares where the fd ( finance director buys big amount) and hold those you have less chances of losing ,even if u paid a higher % than the fd you will gain long term .recent fd buys eg . clf cluff mining .xel was one which did well the dirctors had bought some .ceo and chirman buys also are good indicators however they have a lot of money to gamble .fd in comparison have less ,when its a sell look at the mount sold and what they hold so sell is not a good indicator but big amount of buys are .wish u all the best

Many thanks chakli, you would not believe the bad luck I have had so will take your advice and hope 2011 is better that the past 3 years. Would like to be able to live again!!!!! Everything I seem to buy goes down and vice versa. Been absolutely awful.
Good luck to you to.

defo lt hold here - i am sure this will multi bag from this sp - already has in fact - great little share - need to take a butchers at ggp now

kerrrrrrrrrrrrrrrchinnnnnnnnnnnnnnnnggggggggggggggggg

DNi are not listed. If you go to the RGM board someone posted a interview with the ceo of DNi. He said that he expected DNI to be the largest Nickel company in the world...company is only worth $75m (based on RGMs investment of $6m for 7.5% share). Basically, they have revolutionised the process of extracting nickel from clay. Apparently there is 120 years worth of nickel trapped in clay. The cost to set up a plant to extract nickel from clay is approx $2bn plus the process is very costly and time consuming. DNi have developed a process that significantly reduces the costs as the chemicals used are 97% recyclable. They believe they will be the largest nickel company in the world because they will not allow anyone to use their process without a share of the resource, hence have a share of all nickel resources in the the world (that is trapped in clay). RGM invested because in return DNi have been given 50% ownership in RGMs resource of 5mt of nickel which is trapped in clay in papau New Guinea. 5mt is far too much for an aim listed company to manage so they are also looking for a chinese investor which I am sure will lead to a chinese market in the future.

GGP is also a long term option. Basically Andrew Bell is chairman of RRR, RGM and GGP. So GGP will probably move north late 2011 or thereafter.

RGM also own a %age of oracle coal which is based in ****stan (i forgot about this) which is about 300mt coal with a guaranteed market.

Andrew Bell will provide his knowledge to assist in listing DNI and Oracle thereby vastly increasing their value.

Both are listing before august - DNI probably June. DNi is expected to be worth $500 - 750m when it lists in 6 months time therefore RGMs SP should more than double immediately without counting all other investments

target - should go up 60% to double within 4-6 weeks apparently

Oh Good Stuff. Nice reading. Thanks.

gibby

Good post and I agree that RGM is very undervalued and looking very cheap at this price just one point. Andrew R. Bell is Non Executive Chairman. Callum Newton Baxter is the Executive Director & Chief Executive to GGP. GGP is a long term play and I will be looking to get back on board in the future.

ditto that driver - i like ggp also - dont forget orcp (oracle) should be moving from plus to aim listing by june - process has started already and aim somewhere between march & june this year - have a good evening

A snall dilution but RGM now have 7.31% of DNi with the massive potential of DNi this is a good move IMO. When DNi floats this year at a possible 200m+ M/Cap RGM will have 7.3% of that thank you very much.

Well that was a good day to buy if only I had the funds could remortgage I suppose.

Oh dear, wish I had bought in at todays prices - unfortunately I too would have to remortgage to even think of getting anything else at the moment haha!! Hope we laugh at this in the not too distant future.

it is a very good buy in price - like you guys i need to wait a few days to top up by which time sp probably up again!! such good prospects here - and in the not too distant - gla

These are at a bargain basement price I wouldnt mind if they held here for a while till I get some funds together its all been said DNi Oracle RRR just need to wait now for the big bang.

Good post from the other side Re Oracle

Ive got a lot of time for Andrew Bell, and the investors who follow him speaks volumes for what hes achieved with Red Rock and with Regency.

Im absolutely delighted with Andrew Bells involvement with Oracle through Regency, and I think, more importantly, it indicates where Oracle is headed.

Initially, in November, Regency invested 1,017,500 for 18,500,000 shares at 5.5p. On 2 December it was announced that Regency had increased its holding in Oracle by a further 2,250,000 shares to a total of 20,750,000, being 11.26% of the issued share capital.

It would appear from Regencys final results statement of 30 December that it has further increased its holding in Oracle to closer to 12%.

Following further purchases, Regency now holds approximately 12 per cent. of the enlarged issued share capital of Oracle.

12% is equivalent to 22,105,320 shares. So, at todays mid-price of 10.625p, Regencys holding is worth around 2.35 million.

Regency itself has a market cap of 34 million, so its holding in Oracle is worth only 0.4p per share, representing around 6.77% of Regencys value today.

Therefore, to Regency, the value of its investment in Oracle today is not overly significant, and through averaging up through on market purchases, Regency will not yet have even doubled its money.

It was only today that someone asked me dont you think that Regency shares should mirror Oracles, but you can see that at present, Oracle remains a relatively minor piece of the overall Regency valuation.

But, the point to really bear in mind here is, why would Regency invest in Oracle, and buy shares on market, in a PLUS company, only to double its money? The answer is clearly that Regency sees shares in Oracle moving significantly higher, and Andrew Bell is already on record as stating that he can see the shares moving to trade at 50p within months of the AIM listing.

A 50p share price really starts to make Oracle a significant part of Regencys valuation, as that would represent almost one-third of Regencys market cap today, and add real value to Regency, as opposed to the negligible value added thus far.

So, in summation, to date Oracle has been the real winner from this relationship. But this relationship has only come about through the potential that Andrew Bell sees in Oracle making a fundamental contribution to Regencys valuation.

I for one am delighted that Regency is actively working to create value from its investment in Oracle through taking out any loose stock in the market, and show its confidence through such additional purchases.

Finally, a further investment into Oracle as part of the AIM fundraising from Regency will be a good kick-start to the book building exercise.

I know how excited and hands on Andrew Bell is with Oracle as he telephoned Shahrukh when we had lunch together recently. So its great to see this relationship blossoming and both Regency and Oracle working to create significant value for both sets of shareholders over the coming months.

Mr K

SOLD RGM -BROKER ADVICE DUE TO TRADING UPDATE ON RRR .ANYWAY OUT OF THESE FOR A WHILE .

chakli

You should change your broker. There is so much going on with RRR punters or brokers cant take it all in, RRR can only go one way as I see it and that is to a 500+m M/Cap 70p 80p sp and more to come in the years after. The M/Cap also affects the sp of RGM who have 23% of RRR. RGMs sp is being held down by DNi selling, this is a great opportunity to pick up these shares at bargain basement prices IMO.

Only 5.25p to buy now...

Back to my AV price not worried here just wish I had more funds.

Good finish, with DNi still selling its a good time to buy.

I think it would be a good idea to buy if one had the funds, saying goes 'live in hope or die of despare'. That could be the saying for a lot of them at the moment but never mind we are still breathing. Just have to sit back and see what happens next.

ORACLE enters final phase of Thar coal mining project

http://pakobserver.net/detailnews.asp?id=43009

Someone is accumulating a lot of stock here over the last few days weeks in 25k lumps I wish I had their funds.

Me too!..still holding what I've got(which isn't a lot!) for the long term

Looks like news tomorrow on RRR IMO will see an increase here.

Oracle Coalfields PLC
(`Oracle Coalfields' or the `Company')

Proposed move to AIM

Oracle Coalfields PLC, (PLUS: ORCP), the UK developer of a 1.4 billion tonne coal resource in the south-
eastern desert of Sindh Province, Pakistan, today announces that it intends to apply for the Company's
ordinary shares to be admitted to trading on AIM and expects that that admission will take place early in
the second quarter of 2011.

The ordinary shares of the Company were originally admitted to trading on the PLUS-quoted market in August
2007.

The Directors of Oracle are responsible for the contents of this announcement.

ORCP up 25.8% today looking good for RGM.

Coming back well today would be nice to finish above the 5p at the end.

simple-investments Research_2011/RGM

http://library.rrrplc.com/RGM_web/RGM_Broker_Research/RGM_Broker_Research_2011/RGM_SimpleInvestmentsReport_03.02.2011.pdf

No one posted this?

Regency Mines PLC
Update re Mambare Project
RNS Number : 1441C
Regency Mines PLC
02 March 2011


Update on Mambare project



2 March 2011



Regency Mines, the mining exploration and mineral investment company with interests in nickel and other minerals in Western Australia, Queensland, Papua New Guinea and Pakistan, is pleased to announce that the Joint Venture between Direct Nickel Ltd. ("DNi") and Regency (the "JV"), operating through the JV's Papua New Guinea ("PNG") subsidiary Canopus No 83 Ltd., has entered into a drilling contract for the next phase of exploration at the Mambare-Botue nickel/cobalt project in Papua New Guinea.

A contract has been signed with JCP Geo-Ex Services Inc. of Cebu, Philippines ("JCP"), to drill a minimum of 220 holes on 100m by 100m and 200m by 400m grids, for a total of 4,000m of drilling. The contract is extendable beyond this initial programme.

JCP will mobilise a minimum of 5 man-portable rigs to site, which are expected to arrive in the week commencing 25 April 2011. Holes will be bottomed in 3m of fresh bedrock. JCP estimate provisionally that the initial programme will complete within 65 days.

Meanwhile, surveying and line-cutting have begun, and preparatory work continues on recruitment, and setting up communications, supplies, and infrastructure. Test-pitting is expected to start in March 2011, with a further ground-penetrating radar programme under discussion and planned for April 2011.

The objective of this drilling is to define and upgrade to JORC Resource category parts of the area drilled in the 2008 campaign by infill drilling, and to conduct reconnaissance drilling to establish the potential of the higher plateau to the North.



http://moneyam.uk-wire.com/cgi-bin/articles/201103020700181441C.html

The latest interview with Andrew Bell. Regarding Red Rock Resources: Iron Ore in Greenland,

With RGM holding 20 + % in RRR its looking good for regency.


http://www.miningmaven.com/k2/companies/red-rock-resources/red-rock-resources-iron-ore-in-greenland-louis-vuitton-walmart/

Good news over on RRR this should start moving soon.

Moving up nice now 28% from my last post.

hopefully this will keep up with RRR. even more so as i sold RRR y'day during a portfolio reshuffle and put some of it into this one to top up. i decided that i was o'weight and with the two being related it made sense.[ well to me any way] GLA
Alex

Regency are presenting in London on Thursday March 24th.

Attendance is free, please see the invitation below, email to register is aiminvestor@hotmail.com.

---

You are warmly invited to attend our latest evening mining presentation evening, to be held at The Counting House, 50, Cornhill, EC3V 3PD.


We are teaming again up with Miningmaven in presenting a great double bill featuring Regency Mines (LON:RGM) and Stornoway Diamond Corporation (TSX:SWY) with guest expert speaker John Butler from Amphora Capital completing the line-up.

The proceedings start at 18.15 for 18.30

The evening commences with a brief introduction, then a presentation from our guest speaker, followed by the sponsoring companies.

There will then be time for questions, then a hot dinner (traditional pub fair) is served around 8.00pm. There is ample time for networking over dinner, and afterwards at the bar. The meetings officially wrap up around 9.30pm - though often go on for longer!

Advance registration is essential as we anticipate another full house for this event.


Free registration can be made by email to aiminvestor@hotmail.com

Minesite.com

March 10, 2011

Oracle Coalfields Will List On Aim Within A Matter Of Weeks
By Alastair Ford



So its official. Oracle Coalfields will at last move to Aim. One way or another, the moves been on the cards since the company first listed on the more junior PLUS market back in 2007. But as anyone whos been in the equity markets in the intervening period knows only too well, its been an up and down sort of a time since then, what with the credit crunch, the total collapse in commodities prices, and their spectacular recovery. An up and down sort of a time for Pakistan, too, where Oracles 1.4 billion tonnes of coal is located. Theres been earthquakes, terrorism, and flooding, not to mention the corruption in the national cricket team, which only dealt another blow to national morale. But the country has also been suffering a much less widely-reported, but deep-rooted problem: a chronic shortage of power, such that most of the countrys residents only get supplies for a couple of hours a day, if at all.

This is a serious concern for the government, which knows that its legitimacy in the eyes of a population perennially being presented with more fundamentalist alternatives rests on its ability to deliver a decent standard of living for the people. At this point, up steps Oracle, if not with the solution, at least with part of the solution. The company has a memorandum of understanding with Karachi Electricity Supply Company (KESC), one of Pakistans major suppliers, to consult on the development of a symbiotic mine and power station in the neighbourhood of Oracles Thar licence, approximately 380 kilometres to the east of Karachi. The idea is for KESC to build a 300 MW plant that will be scalable up to 1,100 MW in due course, fed by lignite from Thar.

The government likes that idea in principle, and will do plenty to facilitate the development of such a project, if it can. But as Oracles chief executive Sharukh Khan explains, it doesnt all hinge on that. We had to ask ourselves, are we an energy company, or are we a mining company? he says. And although in the early years of Oracles existence there was some blurring round the edges, the answer couldnt be clearer now. We are a mining company, says Sharukh emphatically. And in that context its interesting to note that while KESC is tied to Oracle via an exclusivity agreement, and is prohibited from developing plans for a power station in the Thar vicinity with anyone else, Oracle is not tied in a similar way.

Thats an important distinction for Londons investment community, who will shortly be presented with the opportunity to buy Aim-traded, as opposed to PLUS-traded Oracle. Oracle already has the prospect of short-term cashflow from a deal it struck with local cement company Lucky Cement back in January 2010. But it can also get mining in a serious way in the knowledge that if KESC cant keep pace, itll be able to sell its coal elsewhere.

More will be known when the results of the ongoing feasibility study into Thar are released in June. That study uses some well known consulting names, including Wardell Armstrong and SRK, and will incorporate new drilling on Thar. Once the details are in, it will be combined with parallel studies that are being produced by KESC, and the two will then move towards the production of a bankable document.

At that point the companys Aim listing should come into its own. The idea of the Aim listing is to raise our profile and present ourselves to a different investor audience, says Shahrukh. So far, Oracle has been well supported by some prominent names at the more entrepreneurial end of the market, including Andrew Bell of Regency Mines and Red Rock, and Bruce Rowan, who has cast his net widely in the resources space for many years. But the key thing, according to Shahrukh is that once were on Aim we can build a platform, to look for larger funds. The construction of a mine at Thar will require a certain level of institutional support, although precisely what form that will take isnt yet clear. Sharukh talks of a debt-equity split, but also mentions the possibility of partnerships with local or regional businesses. There might be interest in the Middle East, he intimates, although obviously its early days, yet.

In the meantime, investors will have to wait just a little bit longer for the precise details of the listing to come through. It wont be a massive raise at this stage, says Sharukh, although the company will top up its working capital when it lists, so it wont be a pure introduction either. As to the precise date, thats also under wraps, partly because the documentation is still in the works, and partly to keep the PLUS say-traders at bay. Itll be the early part of the second quarter is all Shahrukh will commit to. But if you think about it, thats only a few weeks away. Watch this space.

We only have a handful of places remaining for the Regency presentation in London this Thursday evening, details are pasted below.

Registration will close when capacity is reached.

----------

Regency are presenting in London on Thursday March 24th.

Attendance is free, please see the invitation below, email to register is aiminvestor@hotmail.com.

---

You are warmly invited to attend our latest evening mining presentation evening, to be held at The Counting House, 50, Cornhill, EC3V 3PD.


We are teaming again up with Miningmaven in presenting a great double bill featuring Regency Mines (LON:RGM) and Stornoway Diamond Corporation (TSX:SWY) with guest expert speaker John Butler from Amphora Capital completing the line-up.

The proceedings start at 18.15 for 18.30

The evening commences with a brief introduction, then a presentation from our guest speaker, followed by the sponsoring companies.

There will then be time for questions, then a hot dinner (traditional pub fair) is served around 8.00pm. There is ample time for networking over dinner, and afterwards at the bar. The meetings officially wrap up around 9.30pm - though often go on for longer!

Advance registration is essential as we anticipate another full house for this event.


Free registration can be made by email to aiminvestor@hotmail.com

Feedback by one of yesterday's attendees From iii

The presentation at the Counting House was a bit rushed and noisy (white noise - bar, people talking) so hope video plays ok.

Presentation proved Andrew Bell to a very clever and decent man with good contacts, intelligence and Team. His delivery is machine gun style without being annoying and his tone almost therapeutic. More importantly he knows his stuff and his companies. I would suggest also listening to the interview with proactive investors from Sept 10 (link below) as well as the new video as all that has changed is the weight of evidence and the timelines.

The principle dynamics of the company remain the same: that is basically in the long term they have potentially two world class resources and in the short term a Nickel play with good upside and an investment vehicle with fingers in gold and coal. (obviously two are not mutually exclusive!)

Story One: a Nickel Play

http://www.proactiveinvestors.co.uk/companies/ceo_focus/526/andrew-bell-of-regency-mines-talks-about-the-best-technology-for-treating-lateritic-nickels-and-considering-listing-a-subsidiary-on-the-asx-.html

Regency has been seen primarily as a Nickel Company and Nickel prices have not been strong for two years".....

"Copper has recovered very sharply Nickel has not recovered so quickly this was unexpected and has been a slight problem however we do have some copper potential and we do intend to build up our copper potential so it balances the Nickel". AB.

At event he said he felt the chances of total success for DNi's processes was 80 - 95%. I even said 75% afterwards and he corrected me, which shows these are his concentrated thoughts on matter.

Story Two: Investment Vehicle

News is expected from RRR shortly, Oracle will froth when transfering to aim and this froth should cover the period of developing resource information and technology testing at DNi

10 days on we have had the dip to reflect the 3.88p equity inflow and trading release of those 6 million shares on 18th March. From this point on this Nickel price sensitive but I think going forward that will change and this has retraced to 200 day line for last time IMHO.

As always DYOR.

ps: anyone on this board any of three people who interviewed Andrew in corridor at end of event; when before rushing to conference call (highly significant!) he spoke about RRR, Asx listing, Oracle, funding. cash lines and Mumbare time lines?

Also from the other side courtesy of ciao4niao

I had a long chat to AB before the meeting started, mostly about RRR and Colombia and was interrupted by one of the organisers needing his temporary attention.

Some of the things that he told me were obviously not for consumption on a public bulletin board and I gave him my guarantee that it would NOT be posted. In short progress is being made in Colombia and they are restructuring the management so that it is tighter and operating as RRR would like it to. Can't say more than that or else I would lose AB's trust and confidence.

I will iterate, that NOTHING that AB told me last night could be construed as being price sensitive information.

With regard to RGM, a few things that stood out for me on the presentation and from what I was told by Edmund Bugnosen, (director and Philipine national who is an Assistant Project Engineer for Mambare).

Firstly the resource is sitting very close to the surface and is easily accessible and covers an area of about 120 sq km. They are pretty confident that the laterite nickel covers most of this area which does have a river flowing through it.

There are no people to be displaced as they are operating in virgin forest so there will be no relocation and compensation costs before start of operations. There area will be restored to its former condition at the end of the mining operation.

There are roads to a port on the East coast which was originally built by the Americans (I think) and an airfield very close by.

Two very significant points from AB's presentation was the fact that he is 80-95% sure of the success of the DNi process. Those who have read the DNi presentation should make a point of reading it now.

The value of the resource could be worth US$100bn (100bn - who cares when the figures are that big?). This guestimated valuation is of course highly dependent on the DNi process being commercially viable. So, at the current number of shares in issue, and assuming a valuation of just a very measely 1bn for the resource, our shares could be worth around 1.65 on Mambare alone, but in say 2-3 year's time.

There is, of course, the cobalt which is very valuable as well in terms of price per ton, if they can successfully extract that from the clay in which the nickel sits.

Whilst this is very OT, the first presentation was rather heavy going delivered by someone who is obviously very passionate about his subject and with a little too much dead seriousness. But the important point I took from the presentation is the estimated gold price if they were to be expressed in the following currencies the US$, Stg, JPY and the CHF, were they all to be backed by gold.

For the JPY, gold would be 40m - yes, that's 40m! - to the ounce, the US$3,900, I can't remember what the rate was but not much better or worse that the US$.

The hidden message for me is to hold physical gold and silver if you can before the shit hits the fan.

"Nuff4niao.

i am buying what more can i say
except
kerrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrchninnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnggggggggggggggggggggggggggggggggggggggggggggggg a roo
bargain

Nice finish looks like we are finely on the move

Looks like a possible break out on the cards for RGM and RRR next week.

Break out has started here and on RRR

Oracle Coalfields PLC
(`Oracle' or the `Company')

Proposed move to AIM

Oracle, (PLUS: ORCP), the UK developer of a 1.4 billion tonne coal resource in the south-eastern desert of Sindh Province, Pakistan, today announces that it has made an announcement prior to admission in accordance with Rule 2 of the AIM Rules for Companies to apply for Oracle's ordinary shares to be admitted to trading on AIM.

It is expected that Admission will become effective following a proposed GBP2 million fundraising and dealings in the share capital will commence on AIM on 12 April 2011.

The Admission Document, which will contain full details about the applicant and the admission of its securities, will be available at www.oraclecoalfields.com.

The Directors of Oracle are responsible for the contents of this announcement.

ENQUIRIES:

Oracle Coalfields PLC
Shahrukh Khan, Chairman
Telephone: +44 (0) 1366500722
Email: s.khan@oraclecoalfields.com

St Helens Capital Partners LLP
Duncan Vasey or Mark Anwyl
Telephone: +44 (0) 20 7368 6959

Blythe Weigh Communications
Tim Blythe, Ana Ribeiro, Matthew Neal
Telephone: +44 (0) 20 7138 3204

Libertas Capital Corporate Finance Limited
Sandy Jamieson, Neil Pidgeon
Telephone: +44 (0) 20 7569 9650

WEBSITE: www.oraclecoalfields.com

Oracle Share Holders.

Shahrukh Khan: 29,530,791 16.03% TBC TBC
Starvest Plc: 21,033,333 11.41% TBC TBC
Sunvest Corp Pty: 20,000,000 10.85% TBC TBC
Regency Mines plc:20,750,000 11.26% TBC TBC
Eivion Andrew Charles Neubauer:19,535,330 10.60% TBC TBC
Roland Bruce Rowan 10,000,000 5.43% TBC TBC

06:53
Re: Oracle RNS

http://www.morningstar.co.uk/uk/News/NewsFeedItem.aspx?id=137492640578539

From iii (Oracle )

I emailed Shahrukh Khan a while ago and late last night I received a reply. I'm sure he's been extremely busy recently so obviously appreciate the effort he's made staying up late to respond to a shareholder. As you might expect there is nothing in the reply that shouldn't be shared here so here it is with pleasantries removed:


--------------------------------

Dear Mr...

Please note as follows;

The drilling programme that started in September 2010 was completed in February 2011 and the consultants, SRK Consulting, are now working on the mine design as part of the definitive feasibility study which is expected to be completed early 2nd half of this year.

Today we announced our intentions to list on AIM with the expected date being 12th April 2011.

The productions costs per tonne will be clear once the feasibility study is complete.
Subject to timely completion of the larger fund raise to bring the mine to production and negotiation of the off-take agreements, we expect first production in 2013 with mine development in 2012.

We will certainly set up an investors email alert on our website.

With best regards,

Shahrukh Khan
Oracle Coalfields PLC
London

All looking good.

Regency Mines PLC
Project updates; management;issued shares
RNS Number : 3786G
Regency Mines PLC
11 May 2011

http://moneyam.uk-wire.com/cgi-bin/articles/201105111036053786G.html

Regency Mines updates schedule for drill programme at Botue-Mambare nickel-cobalt project


12:06 pm by Sergei Balashov
Other operations currently underway on the site include the completion of the line survey, test pitting, camp construction and hiring of local workers Other operations currently underway on the site include the completion of the line survey, test pitting, camp construction and hiring of local workers

Regency Mines (LON:RGM) today updated investors on the schedule for the upcoming drill programme at the Botue-Mambare nickel-cobalt project in Papua New Guinea, operated by its joint venture (JV) with Direct Nickel (DNi).

The project management staff are currently preparing for the start of drilling, which is expected closer to the end of the month, some four weeks behind the original schedule, which is also when the new ground-penetrating radar (GPR) survey is expected to start. This has to do with the delays in the procuring of visas for the drillers and with the delays dealing with the customs clearance necessary for the drill companys shipping container to be moved to the project area.

The container has already arrived at Port Moresby and is currently waiting to receive the clearance.

Other operations currently underway on the site include the completion of the line survey, test pitting, camp construction and hiring of local workers.

Regency simultaneously announced that it has hired Geotech Airborne Pty to carry out a 1,054 line km helicopter-borne versatile time-domain electromagnetic (VTEM) survey over five areas at Regency's Bundarra copper-gold prospect in Queensland. This programme will take place after 15 August and will take a week.

The company also told investors that the JVs local operating company Canopus No 83 Ltd will change its name to Oro Nickel.

Adviser to Regency Mines associate Red Rock Resources (LON:RRR) Richard Evans has recently taken up a wider role of group chief scientific adviser as will now advise all companies in the Regency Mines group.

From the DNi Web Site have a look if you forgot why you are here.

Vision
Industry leadership:
Our aim is to build Direct Nickel into a major nickel producer, using the DNi Process licences to access and process nickel laterite resources.

Resource revaluation:
DNi is building a nickel inventory by acquiring interests in undervalued laterite resources and is substantially revaluing these resources by applying the DNi Process. A successful DNi Process will revalue nickel companies by 20-30 times (by market capitalisation). Mine development:
Select optimum deposits, using leverage from the DNi Process and build mines in partnership with resource owners.

Strategy
De-risking the DNi Process:

A successful Demonstration Plant promises to set the foundations for disruptive change in the economics of the nickel sector. With Process demonstration in hand, Direct Nickel has a clear path to become a high efficiency nickel producer with strong margins driven by a capital cost around half of conventional processes, and among the lowest global operating costs.

Strong technical and financial partners:
Teck Resources, Drinkard Metalox, Aker Solutions, OZ Minerals, Australias Commonwealth Scientific and Industrial Research Organisation (CSIRO), Regency Mines and a global IP protection team.

Resource acquisition:
Direct Nickel is positioned to become a nickel explorer and producer and has secured interests in a number of resources through partnership. In time DNi will acquire and develop its own projects.

http://www.directnickel.com/index.htm

Don't know why it had a sell or why it's now a speculative buy looks like a no brainer to me.

Small Cap Weekly Review 036

Friday 20 May 2011

Rating Changes
Regency Mines (RGM) Speculative buy (from sell)
(20 May) We have reviewed our rating on Regency. We calculate the value of its existing stakes in Oracle Coalfields (2.3m), Red Rock Resources (10.5m), Direct Nickel (3.4m-3.7m), Alba Minerals (0.23m), along with other investments and cash due add up to around 17m. We assume the EV (enterprise value) to be around 24m, after adjusting for the $2m Yorkville loan and assumed cash. The Mambare nickel laterite project in PNG (Papua New Guinea) is a large target (previously estimated at 630 mt (million tonnes) at 0.78% Ni (nickel) at 0.5% cut-off and 200 mt at 1.01% Ni at 0.8% cut-off) where drilling is expected to start shortly. The Company has had the project for some time and we would hope they demonstrate progress towards establishing a resource. There should also be some early stage work on the Bundarra copper-gold prospect in Queensland in August. The various investments they have underpin the valuation and we look for operational results in the remainder of 2011 to put back some positive momentum in the share price. We have moved from Sell to Speculative Buy.

http://www.cityequities.com/en/Small-Cap-Weekly-Review/scr-Issue-36.html

Edison 24 May 2011

Valuation: Worst case 1.85pps to best case 73.87pps

http://www.edisoninvestmentresearch.co.uk/researchreports/Regency240511Outlook.pdf

Has been strong for the last few days and again today as there are 2 large buys ( 800K ) on the order book 4.35p

Oracle Coalfields PLC Annual Report

http://www.oraclecoalfields.com/oracle_annual_report_2010-screen.pdf

Another rise today supported with volume

From the other side, good find.

LISTING CEREMONY OF ORACLE COALFIELD PLC at The LondonStockExchange

http://www.youtube.com/watch?v=_uM-luVsSw0

New DNi vidieo

(Click on the headline on the right not the vid TO Play)

http://www.abnnewswire.net/multimedia/en/68115/Direct-Nickel

Dear Shareholders and Colleagues,



You may have seen that I sold a few Regency shares this week.



Those of you who have been shareholders for a while will know that each time I exercise options, I also shortly after tend to sell a few to meet the immediate tax bill. In recent years, the tax regime on options has become quite unfavourable, and we have to pay income tax and NI on the difference between the exercise price and the market price, and do it promptly.



We do try to explain, and then the next time it happens, there are again some shareholders who worry that we are showing a lack of confidence in the company and sending a bad signal to the market.



So, for the avoidance of doubt, let me clarify that if and when I am in a position to sell options in the future, it is highly probable that I will again be obliged to sell some to meet tax obligations. You should therefore expect it, but each time I expect that the sale will be much less than the preceding purchase. I will not enjoy doing it, and this will say nothing about my view on the stock price.



The options we exercised in May expired at the end of May, so had to be exercised or lost. I am selling less than half of those recently acquired, so that my direct shareholding at the end of June is higher, not lower, than at the beginning of May. This has also been the case with past sales following exercise of options: each time the holding of shares at the end of the exercise is higher than it was before.



There is never a right time for directors to sell, and I do assure you of our complete commitment to and confidence in the company.



I am asked by a shareholder to point out that ABN Newswire recently had a video interview with Direct Nickel on its CEO Interview series. It is certainly interesting, but in that it might be deemed promotional by DNi (who as we understand it wish to raise money for a backdoor listing in Australia), we and our Nomad decided it would be inappropriate to link to it in an announcement. We have no responsibility for anything that DNi may say in it. However, with that necessary health warning from us, some of you may find it illuminating as to what DNi actually does, and as an introduction to the founders of DNi.



Andrew

Up 11% today after RRR had a sp hike of 20%.

DIRECT NICKEL SOLVES NICKEL LATERITE PUZZLE july-2011

http://www.directnickel.com/pdf/asia-miner-july-2011.pdf

Shahrukh Khan, Chairman & CEO of Oracle Coalfields, talks to Proactive Investors

http://www.youtube.com/watch?v=R3oPjys2d-w&feature=relmfu

Held up well in a sea of red News coming.

Had a top up today shouldnt see these lows for much longer.

ISLAMABAD, Pakistan, Aug. 3 (UPI) -- Pakistan's first 50-megawatt gasified Thar coal reserves project is nearly complete.

Science and Technology Planning Commission member Samar Mubarakmand said that the Thar Coal Project would become operational in December 2013.

This is good news for Pakistan's government, which remains largely dependent on energy imports, The News Online reported Wednesday.

During an interview with the state-run PTV television channel, Mubarakmand stated that electricity generated from the Thar gasified coal plant would have a minimal cost and that Pakistan has sufficient coal reservoirs to provide electricity for the nation for five centuries, The News Online said.

Mubarakmand's optimism was countered by Sindh Chief Minister Syed Qaim Ali Shah, who has held Mubarakmand responsible for the pace of work on the delayed Thar coal project.

"Frankly speaking, Dr. Mubarakmand's work is slow," Shah said during a news conference Wednesday in Hyderabad.

The Sindh government has divided the Thar project into eight coal-mining blocks, with Block-V was given to Mubarakmand, a former nuclear scientist, for the underground coal gasification facility.

Mubarakmand stated that work on the Thar project was progressing and the first 50-megawatt gasified project was almost completed. The project had been approved by the Executive Committee of National Economic Council in 2010.

Two years ago the Central Development Working Party approved Mubarakmand's two projects: "the creation of new processing facilities (for production of coal gas by underground coal gasification)" and "the creation of new processing facilities (for handling and purification of the natural gas)."

At the time Mubarakmand expressed optimism that the project's success could encourage foreign investment by premier foreign companies involved with the development of gasification of coal reserves, telling journalists that several foreign companies had shown interest in the project.

Since then however the Thar project has largely only attracted the interest of foreign consultants, with the sole investment interest being with the exception of Pakistan's Engro Corp., which has obtained an exploration bloc.

In addition, British consultant Oracle Coalfields is preparing a feasibility report and Cougar Energy are interested, while Canadian company SNC Lavalin Environment Inc. is analyzing the costs of the Thar's project required transmission lines.

A recent report by energy analytical company Wood Mackenzie on Southeast Asia's future energy sources reported that coal will be its top priority up to 2020 or even beyond, given its regional availability, despite popular perceptions that natural gas will be the region's top fuel.

21% up not bad on a down day.

Another piece of the puzzle RGM now at an all time bargain price.

Direct Nickel Pty Ltd

Wintech Group Ltd (ASX:WTG), a company admitted to the official list of the Australian Stock Exchange whose Ordinary Shares are currently suspended from trading, has issued a Notice of Meeting for a general meeting to be held on 2 September 2011, at which proposals for the acquisition of at least 80% of DNi and a change of name to Direct Nickel Ltd will be proposed. Upon passage of the resolutions, Regency expects that it would in due course be offered shares equivalent to approximately 7% of the issued capital of Wintech Group Ltd. and that WTG would apply for re-quotation of its shares on the ASX.

The latest DNi presentation.

Direct Nickel (DNi) CEO Russell Debney Presents DNi

http://www.youtube.com/watch?v=jOcoAYNgZJo

DNi
Notice Of Meeting Of Shareholders and Explanatory Statement

http://www.asx.com.au/asxpdf/20110804/pdf/4206fmhghwmwj9.pdf

5 Sept

Oracle Coalfields positive after successful AIM listing
StockMarketWire.com
Oracle Coalfields, has announced its half year results for the six months to 30th June 2011.

Highlights included listing on the London Stock Exchange's Alternative Investment Market (AIM) on the 20th April 2011 and a successful fundraising of 3 million through a placing of 30 million ordinary shares

Commenting on the results, Shahrukh Khan, Chief Executive Officer of Oracle, said: "We were delighted to have listed on AIM on the 20th April 2011. We were oversubscribed and have sufficient funds to meet the working capital requirements and completion of the feasibility study, although further funding will be required to develop Block VI of the Thar Coal mine.

"We are currently finalising the Definitive Feasibility Study as well as applying for our Mining Lease, and look forward to keeping shareholders informed of our progress as we develop the project."



At 8:53am: (LON:ORCP) share price was +0.13p at 7.75p


http://moneyam.uk-wire.com/cgi-bin/articles/201109050700115849N.html

No quick mining changes, says PNG leader

Liam Fox, Port Moresby

Last Updated: Mon, 12 Sep 2011 14:03:00 +1000

Papua New Guinea's prime minister has sought to assure foreign investors there will be no dramatic changes to the country's mining legislation.

There was alarm in mining circles in August after Mining Minister Byron Chan said resource ownership would be switched from the state to traditional landowners.

But Prime Minister Peter O'Neill has said there will be no legislative changes in the foreseeable future.

He said there will be changes, but only after comprehensive consultation with the mining industry and other stakeholders.

Mr O'Neill did not foreshadow what those changes could be.

He said he has warned his ministers to stop giving misleading signals to foreign investors.

The mining industry provides 80 per cent of PNG's foreign export earnings.

http://australianetworknews.com/stories/201109/3315804.htm?desktop

New Web Site

Oracle Coalfields PLC

http://www.oraclecoalfields.com/

RNS out all looks good to me time to pick some up on the cheap.


Regency Mines PLC
Update
RNS Number : 4944P
Regency Mines PLC
04 October 2011

http://moneyam.uk-wire.com/cgi-bin/articles/201110040844464944P.html

A GAME-CHANGING technology now in development could make nickel laterites a much more economically viable option.

http://www.miningnews.net/storyview.asp?storyid=2490136

Regency enjoys exploration success

Regency Mines PLC
Mambare drilling program - replacement
RNS Number : 1660R
Regency Mines PLC
31 October 2011

http://moneyam.uk-wire.com/cgi-bin/articles/201110311255421660R.html

Monday, 07 November 2011 10:11
Regency Mines: Interview with Andrew Bell

Regency Mines: Taking a closer look at Mambare and Direct Nickel with Andrew Bell


http://www.miningmaven.com/k2/companies/regency-mines/regency-mines-interview-with-andrew-bell/

good stuff driver - havent forgotten about this gem to be

Oracle sp is slowly creeping back up.

8/11/2011
Oracle confirms application for Pakistan coal mining lease
StockMarketWire.com

Oracle Coalfields, the UK developer of a 1.4 billion tonne coal resource in the south-eastern desert of the Sindh Province, Pakistan, has confirmed that its 80% owned subsidiary, Sindh Carbon Energy Limited, has submitted an application for a 30 year mining lease, with a 30 year extension, for the Company's Block VI Thar Coalfield Project.

A few post from the other side on todays conference call

Dear Shareholders and Colleagues,
I would like to inform you that, in order to update shareholders on the Companies activities and answer questions, a conference call has been arranged for today at 1.30 pm UK time.

Dni delaying listing until asx sentimemt improves.
Rgm have assisted DNi in purchasing final part for test plant in Perth, and will get more shares plus options.
Being pushed about cash flow and is indicating that when Ascot gets aim listing could be sold, but very bullish about ORCP referencing good management and ideas about de-watering technology in low grade coal market. Also indicates could sell JMS in the future.

He was asked about the funding for the drill campaign at Mambare and said that the less likely outcome was that RGM would fund it themselves He also said that in this market with RGM at 2 p equity issue out of the question. He inferred that when the time came the RRR sp and the resource itself could well lift RGM to a price where equity coukd be issued. He akso muted that both RGM and DNi have discussed tbe possibility of floating a "project company" to help with funding.
Throughout there was a continual reference to JMS shareholding and royalty, which leads me to believe the board will decide to sell. How much I guess is the question.
He also mentioed that the individual parts of the DNi technology have been proven and DNi have no reason to doubt the complete process. Will know early part of next year.

Conference call

http://soundcloud.com/oditmoras#play

Good read but not happy with the 5p

http://minesite.com/media/pub/var/release_downloadable_file/34180.pdf

Oracle up 13.1

Media Release
Test Plant Operations the next step in bringing the DNi Process to Market

http://www.parkercentre.com.au/_literature_96797/Parker_Centre_DNi_Pilot_Plant_Media_release

New RGM presentation

http://library.rrrplc.com/RGM_web/RGM_Presentations/Analyst_Trip_to_Mambare_Nov_2011.ppsx

Nice set of results over on RRR should see this rise on the back of it for the rest of this year and beyond.

Results Out

Outlook

The continuing process of development and urbanisation in the Asian and South American economies and notably the BRIC countries (Brazil, Russia, India and China), are likely to lead to steady annual increases in the demand for stainless steel, to the manufacture of which two-thirds of nickel production is devoted. The long-term prospects for our key commodity remain strong.

We consider that our Mambare nickel asset is of a scale and grade that make it potentially world-class. We believe that the Direct Nickel processing technology for lateritic nickels is a disruptive technology that will change the nickel mining industry. We intend to be leaders in that change.

We expect to see our drilling at Mambare lead to the definition of a Mineral Resource under the JORC standard early in 2012 and to see Direct Nickel's pilot plant operate successfully and demonstrate that technology on the same timeframe.

These key developments, and the expected start of trading in Direct Nickel Ltd shares on the Australian Stock Exchange, will, we hope, underpin a year of expected strong progress. We expect to look back in a year's time and describe this year as one that was transformative in the history of the company.

Our aim is to build on the success of our associate Red Rock Resources plc in the iron ore field and the company's presence in nickel and nickel technology to build a strong and diversified mineral group.

Andrew Bell

http://www.moneyam.com/action/news/showArticle?id=4269331

Regency Mines plc Annual report and accounts 2011

http://library.rrrplc.com/RGM_web/RGM_Annual_Reports/RGM_AnnualReport_30.06.2011.pdf

Regency Mines plc Annual report and accounts 2011

http://library.rrrplc.com/RGM_web/RGM_Annual_Reports/RGM_AnnualReport_30.06.2011.pdf

still a big faller

Chart starting to look good.


">

Sum of the parts valuation

On a sum of the parts valuation, it can be seen from Figure 2, Regency Mines Valuation, below, that Regency should
be trading somewhere in the range of 1.79 pence per share to 29.51 pence per share. In this calculation the listed
assets are taken at their market value as of 18 January 2012 and the cash and debt are taken at their book value as
of the latest final results (30 June 2011). Hence it is only Regency’s interest in Direct Nickel Limited and Oro Nickel
Exploration Limited that are given a low, medium and high value.
In the low valuation Oro Nickel Exploration Limited is valued at its book value as at 30 June 2011, that is those
exploration expenses invested in the project to date that have been capitalised, and Direct Nickel Limited is valued at
Regency’s cost of acquisition of the shares.
In the medium valuation Oro Nickel Exploration Limited is valued compared to its peers on an enterprise value per
resource basis and Direct Nickel Limited is valued at A$100 million, which was the value ascribed to it by its IPO
brokers (when it was looking to list early last year). As noted below, given the small size of the peer group we have
included this valuation for comment only and will not use it in determining our target price.
In the high valuation Oro Nickel Exploration Limited is valued on a net present value basis and Direct Nickel Limited is
valued at 50 percent of the Mambare Project net present value, plus A$25 million. The latter amount equates to the
approximate value of funds that has been invested in the technology to date.
These calculations then give us a value per share range of 1.79 pence to 29.51 pence. Averaging out the low and high
valuation we attain a target share price of 15.65 pence

http://minesite.com/media/pub/var/release_downloadable_file/35341.pdf

Andrew Bell of Regency Mines talks to Proactive Investors - January 2012

http://www.youtube.com/watch?v=Vcois6OyTQo

Uranium Energy Corp to Acquire Cue Resources Ltd.

RGM have 4,506,385 shares in CUE
RRR have 18,900,066 in CUE.

http://www.marketwatch.com/story/uranium-energy-corp-to-acquire-cue-resources-ltd-2012-01-23-8000

A bit late but RNS now out

Uranium Energy Corp to acquire Cue Resources Ltd.
RNS
RNS Number : 0686W
Red Rock Resources plc
24 January 2012

http://www.moneyam.com/action/news/showArticle?id=4296241

From the other side DNI Thread courtesy of (Rusty)

(Rusty) ... so this is what a Thermaflite decomposition unit looks like! Much excitement yesterday at DNi HQ in Perth with the delivery of the "million dollar" key to the back-end recycle step in the DNi Process. The equipment is a larger and much improved design of the smaller unit used in the highly successful demonstration of the nitric acid recycle in Charlotte NC late in 2010.

What is this?

A new and last (we hope) piece of equipment (Thermaflite decomposition unit) just been delivered to the new DNI test plant.

Regency Mines PLC
Mambare Nickel Laterite Project Drilling Results

http://www.moneyam.com/action/news/showArticle?id=4303437

Very Nice RNS looking good.

These results confirm the significant grade and tonnage potential of the Plateau (Area 1) zone at Mambare. The Plateau area, never previously drill tested, is an extensive area around 5km by 16km, which is the major target for future exploration, with potential to host one of the world's largest nickel laterites. Assays from the first two holes drilled on the plateau, MAM-KK-0051 and MAM-KK-0041 have both returned positive results.

With today’s news these are looking very cheap here’s to next week,

Potential to host one of the world's largest nickel laterites.

More Good Results Just In

Regency Mines PLC
Mambare Nickel Laterite Project Drilling Results
8 February 2012

http://www.moneyam.com/action/news/showArticle?id=4305848

The Plateau area, never previously drill tested, is an extensive area around 5km by 16km, which is the major target for future exploration, with potential to host one of the world's largest nickel laterites.

Going up steady now pi’s starting to see the value in RGM after a couple of RNS results, this could be big very big.

More Mambare Nickel Laterite Project Drilling Results out today.

http://www.moneyam.com/action/news/showArticle?id=4307591

Regency Mines PLC
Mambare Nickel Laterite Project Drilling Results

15/02/2012

http://www.moneyam.com/action/news/showArticle?id=4310359

Regency Presenting at the Counting House on the 14th of March.

FREE TO ATTEND FOR INVESTORS - PRE- REGISTRATION ESSENTIAL

http://www.miningmaven.com/k2/site/event/wednesday-14th-march-botswana-diamonds-regency-mines/

Regency Mines PLC
Mambare Nickel Laterite Project Drilling Results
28 February 2012

Continued good thicknesses and grades returned from holes located on the northernmost drill line of Area 1 (MAM-KK-0060, 0081, 0084, 0091, 0092) indicate that mineralization continues north beyond the current drilling area across the plateau, which is encouraging for future exploration.



http://www.moneyam.com/action/news/showArticle?id=4318236

Regency/Direct Nickel DNi presentation minesite video 14/03/2012

http://www.presentation-matters.co.uk/Minesite/webcasts/87th_MS/87th_minesite_mining_forum_Regency%20Mines%20plc.html

Pakistan declared Thar Coal field special economic zone, fiscal incentives approved for 30 years

http://www.thenewstribe.com/2012/04/06/pakistan-declared-thar-coal-field-special-economic-zone-fiscal-incentives-approved-for-30-years/?__utma=159696636.1091419177.1333728723.1333728723.1333728723.1&__utmb=159696636.3.10.1333728723&__utmc=159696636&__utmx=-&__utmz=159696636.1333728723.1.1.utmcsr=uk.advfn.com|utmccn=%28referral%29|utmcmd=referral|utmcct=/cmn/fbb/thread.php3&__utmv=-&__utmk=214225239#.T38WG4H-xq1

800K Buy shook the sp in the right direction.

News coming?

This is massive.
“This has the potential to be one of the world’s largest single nickel laterite deposits.

“This resource estimate of 95 million tonnes is three times the size of our initial target for this campaign.


Maiden JORC Compliant Mineral Resource Estimate for the Mambare Nickel Laterite Project


http://www.moneyam.com/action/news/showArticle?id=4355635

Peeps at last waking up to how big this is.

The resource estimate at 95 million tonnes is three times the size of our initial target for this campaign.

ORO NICKE L LTD
Mambare Nickel Lateri te Deposit
Nor thern Province
Papua New Guinea

http://www.rns-pdf.londonstockexchange.com/rns/0166C_-2012-4-25.pdf

RGM Mambare newsletter 1 May

http://library.rrrplc.com/RGM_web/RGM_News_Letters/RGM_Newsletter_01.05.12.pdf

Courtesy of Rusty133 (Dni)

I have at last caught up with the activity on the site and, with much encouragement from Vip and others, I thought it was about time that I jumped back on the thread and dropped you a note from the Front.

Mambare

So, the key takeaways from the resource estimate announced last week are:

* nearly a million tonnes of nickel at almost 1% with more to come in the next couple of weeks
* massive potential upside with only 3% of the plateau drilled and included in the estimate
* three times the target for this campaign and a high level of confidence to move quickly to scoping out our development strategy
* Mambare is the first and, so far, the only resource in the world licensed to use the DNi Process

For the purists, let's acknowledge that the resource is not measured and much of the estimate is inferred. But that is all that we need at this stage for the JV and the market to have a level of confidence that justifies prefeasibility studies and, more than likely, some additional drilling to proceed to metallurgical testing in the DNi plant in Perth and eventually, a DFS for what could be at least a 20x20 mine (20Ktpa of Ni in concentrate for 20 years). And all of this will tie in with the delivery of the DNi Process in 2013.

It is putting it mildly to say that the JV is pretty damn pleased with the outcome so far. I guess all of us thought that the RGM share price deserved a better uplift to recognize the upgrade to a JORC resource, the better than expected result and the increasingly likely potential of a world-class nickel mine licensed with the DNi Process. But, as always, there is no second guessing the market!

As you can imagine there is a lot of activity at present as the JV prepares to move to the next stage - and a number of development and funding options to consider. We have been working at this for some time and I can assure you that the airlines will continue to enjoy some patronage over the next few weeks as we get to the decisions. I can see from some of the recent posts that there has been a lot of speculation on the possible funding options that are open to us. And yes, we are, and have been for some time, looking at all of these, ranging from direct funding by the JV partners, to taking it off balance sheet via a new vehicle, or with direct project level, or offtake participation. In normal times, all options might have been open to us. We shall have to see if they still are in the present market. The good news is that the seriously good Mambare maiden resource, and the potential of a very large mine, means that we might be able now to keep most options on the table, despite the skittish capital markets.

Indonesia

I have never been shy about our keen interest, here at DNi, in Indonesia as a destination for the DNi Process. In the last year or so, we have forged close relationships there with the industry and with key players. We have also completed the incorporation and operating approvals for a DNi subsidiary, PT Direct Nickel, in which we hold an 80% interest. Our local partners are truly excellent and well connected. They are also technically qualified and very focused on the development of our business there.

One of the key activities for the demonstration program in Perth is the sourcing and supply of representative sample (150 tonnes of it) and I am pleased to say that this has been secured from one of the major Indonesian nickel companies and will be shipped to Perth shortly.

Indonesia has the largest nickel laterite resources and reserves of any nation. And also some of the highest grades (usually running 1.5–2.5%). Close to port facilities and with good infrastructure and mining culture, including abundant energy resources, Indonesian laterite resources have been the principal supplier to China for direct shipped ore. But the changes signaled in 2009, with the local processing decree due to take effect in 2014, have been significantly accelerated this year with a number of Government announcements requiring DSO operators’ plans for meeting the local processing requirement to be lodged, initially in September, but now by the end of this month. And a special tax has been imposed as well to facilitate revenue , especially from what is believed to be a large number of undeclared shipments in the past that will henceforth be illegal.

All of this means that there is a rush by smaller operators and mine owners to find existing local processing capacity (and there really is none spare in the existing ferronickel plants) or to find a local processing solution so that they can meet the deadlines and demonstrate compliance. The DNi phone has been rung off its hook, unsurprisingly, and our local partners and industry contacts are alive with opportunity for future DNi plants. Concessions, long term supply agreements, ore upgrades for ferronickel smelters and toll treating plants are all on the menu.

Now, none of this is to say that we are any less committed to PNG. It is worth reminding you that Julian Malnic and I have been closely connected, via Nautilus, with PNG for almost 20 years and our faith in finding one of the world’s largest nickel laterite deposits there is looking to be well founded. And RGM, as an increasingly influential shareholder in DNi, is a beneficiary of our wider plans for the roll-out of the DNi Process.

Australia

Not far behind Indonesia and ahead of The Philippines and New Caledonia, Australia is second in the nickel laterite resource stakes. With some exceptions though, Australian laterites are dry, not tropical, and tend to be lower in grade and high in salinity. The DNi Process studies have indicated that the Process will handle lower grades. Salinity is another issue, mainly because of the low cost stainless steel materials of construction we propose to use - and these are not generally suitable for high saline laterites. Apart from specifying higher cost and more exotic materials to overcome this, we are working closely with CSIRO and industry partners on the salinity issue.

Recent announcements have been made by two Australian companies that we are dealing with: Poseidon (Investors with a long memory will remember that name! Poseidon is now chaired by Andrew “Twiggy” Forrest) and Heron. Look them up if you want to see something of what we are up to.

Perth Demonstration Plant

I would love to show you some of the latest photos and videos of the Plant which was described to me a week or so ago by one of our senior Indonesian technical contacts as the best demonstration facility he had seen anywhere in the world. But Graham Brock, our CTO and Project Manger, will have me on a stake due to all of the IP invested in the project, if I do.

With the CSIRO funding and additional strategic investment approved and soon to be announced, we hope to be on schedule for commissioning Stage 1 and completing the design and construction of Stage 2 in time for the Indonesian sample that I mentioned earlier. Funding the entire program is under discussion at a number of levels, but yet to be confirmed.

For Direct Nickel – and for our investors and our nickel resources – nothing is more important than demonstrating the Process in this final step.

DNi RTO and Listing

Yes, we are still working towards completion of this despite the volatility in the capital markets which have delayed our plans to list at the same time as we complete a much needed public offering. What we now see is that the conversion of DNi into a public entity will precede the listing. Once we are more comfortable with the market and can confidently complete the public offering to both fund DNi and underwrite the share price, we shall apply to the ASX for re-listing. Timing? I would dearly like to be clear about this and as soon as we can be, we shall.

PNG resource boost for Direct Nickel

http://www.pngindustrynews.net/storyview.asp?storyid=8682638&sectionsource=s0

REGENCY MINES PLC
Australian Exploration Update 4 May 2012

http://www.moneyam.com/action/news/showArticle?id=4363419

A note from the other other side from AB.


Thanks for the information from a number of shareholders. By way of background:

The 'flagship' property of Pinestar runs due south from some way below the old Halberts graphite mine. It is a mere two graticular blocks, and we are to the west, east and south of it as well as to the east and north and south of the Halberts tenement

The anomalism as you can see appears weak, but the reason this ground, which we could have had, was after much consideration left by us was...........there is a town and a golf course slap bang on top of it! Which you can also see clearly if you look at the background topographical map in Figs 3 and 4 of our release. Not only do we not think the good burghers of Munglinup are going to be willing to be deprived of their houses or their golf! We don't even think they are going to be happy to have fine black graphite dust being generated within a couple of km of them.

What word can we use? 'Challenging' springs to mind.

But when we saw the interest that this Canadian company was trying to generate from this recently pegged piece of ground, it certainly stimulated us to bring ourselves up to date on developments in the graphite sector, and bring forward some of our plans.

REGENCY MINES PLC
Australian Exploration Update 4 May 2012

Regency Mines plc ("Regency" of the "Company"), the mining exploration and mineral investment company with interests in nickel and other minerals in Western Australia, Queensland, Papua New Guinea and Pakistan announces an update on its Australian exploration activities.

Regency focuses on base metals and raw material opportunities in Australia and Asia. The Company has been concentrating on nickel, with interests in an established deposit of lateritic nickel in Papua New Guinea. Other investments the Company holds indirectly are Australian iron ore interests, Asian coal interests and through a strategic partnership the Company is involved in nickel treatment technology.

The Company operates an exploration division currently focusing in Australia, searching for mineral commodities with future supply shortages. In recent weeks, supply shortages of high quality flake graphite have been identified by a number of Canadian media outlets as the next boom commodity. The supply shortage of flake graphite is increasing, primarily due to the use in Lithium Ion batteries.

The world graphite supply is currently due to the small number of high grade carbon flake graphite deposits which can be bought into production relatively quickly to fill the supply shortages expected to be acute in the coming years. As the price continues to rise due to commodity supply shortages, the Directors expect that global exploration will be increased to search for additional high grade resources.

The Company is pleased to provide the following technical information on its Munglinup flake graphite exploration activities.

In this release are also included initial drill assay results from Regency's March 2012 drilling program at the Pyramid Lake project, which intersected significant grades of Ilmenite containing up to 3.79% titanium.

http://www.moneyam.com/action/news/showArticle?id=4363419

Hey I found this interesting audio interview on Regency Mines,

Check it out its worth a listen:

http://www.brrmedia.co.uk/event/97894/andrew-bell-chairman

Cheers for the link above.

http://www.brrmedia.co.uk/event/97894/andrew-bell-chairman

Thanks for the link - interesting to hear about it rather than read

Regency Mines (LON:RGM) Interview with Chairman Andrew Bell 9th May 2012

http://www.youtube.com/watch?v=KJF-acQPmjw&feature=uploademail

RGM 1-2-1 Presentation

Thursday the 31st May 2012,
Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB (Charles Suite)

http://www.proactiveinvestors.co.uk/register/event_details/150

Edison Investment Research_24.05.2011.pdf

http://library.rrrplc.com/RGM_web/RGM_Broker_Research/RGM_Broker_Research_2011/RGM_EdisonInvestmentResearch_24.05.2011.pdf

Current share price of RGM 3.7p??? in the Edison Investment Research... are they doing a right research when they can't get a basic fact right!!!

hlyeo98

Just a small slip LOL.

Dear Colleagues Note from Regency just appeared relating to the DNi publications:

"Dear Colleagues,

We sent you out a few minutes ago a Newsletter and Presentation from DNi, our partners in the Mambare project.

DNi is a private company, and may have more latitude in the areas of information sharing. We are a public one and must be careful with circulating anything produced by third parties that might be taken as reflective of our views.

The Presentation is an excellent one, and the Newsletter is informative. However, we should inject a word of caution. Anyone attempting to draw conclusions about our next steps or about spending plans from this material should not do so. In particular, the reference to drilling hundreds of infill holes on the last page of the newsletter should not be taken as indicating that this is an imminent plan.

We have as a joint venture mapped out a tight and cost-effective programme of ‘next objectives’ and key near-term milestones at Mambare. We are proud of what we have achieved, and want to plan the next steps carefully; we expect to have an announcement on this in due course.

Andrew"

http://dl.dropbox.com/u/61849689/DNi_Mambare_email%204%20pager%20May%202012.pdf


http://dl.dropbox.com/u/61849689/DNi_Presentation%20May%202012%20V25%20Final.pdf

Massive increase in JORC SP?

INCREASED JORC Compliant Mineral Resource Estimate for the Mambare Nickel Laterite Project

http://www.moneyam.com/action/news/showArticle?id=4387276

Mambare Project Manager, Ian Warden, commented:

"These latest results are exciting. Not only do they build the Mambare Nickel Project towards its potential to be a nickel laterite of world-class scale, the higher-grade zones identified have very positive implications for the economics of a future Mambare operation.

Superb RNS, surely well above expectations (again). So why the **** are we down lol (or more accurately why the **** are people selling for 1.75p!)

martinl2

**** knows

Replacement - Increased MRE for Mambare

http://www.moneyam.com/action/news/showArticle?id=4387567

Edison gave a value of I think 2.3p/share to the previously announced Mambare resource - and this was based on values of other companies with Nickel resources in current market conditions not pie-in-the-sky values. And I think their last report stated they would update after this upgrade. Should be nearer 4p now by the same yardstick and that's just for the Nickel resource.

martinl2

They also gave their best case at 74p I’m here to we get there.

http://library.rrrplc.com/RGM_web/RGM_Broker_Research/RGM_Broker_Research_2011/RGM_EdisonInvestmentResearch_24.05.2011.pdf

I'd be happy with 7.4p for the time being!

Me to.

And your point is?

7.88 when I bought them in November 2010 seems a life time ago and will probably be a life time before it gets to that again. Hopefully not.

3m

You must average down at this low price we won’t see this for much longer.

Love to but just lost £1000 on ATG - no spare cash yet again, would like to average down on a lot but can't. Cheers though. Hope something else comes good pretty dam quick and gl luck to you.

New note from Edison following the resource upgrade

http://www.edisoninvestmentresearch.co.uk/researchreports/Regency140612flash.pdf

"Given that today’s resource alone more than supports the current share price, the market appears to ascribe no value to the significant (174p/share) potential resource upside. Nor does it ascribe value to the company’s other assets. Our forecasts for Regency remain under review."

martinl2

Cheers a nice update from Edison.

Mambare resource increase
http://www.edisoninvestmentresearch.co.uk/researchreports/Regency140612flash.pdf

New DNi website.

http://www.directnickel.com/

calm down.,. just thought a chart would help as there isn't one in the header.,.

E-mail sent out by Regency Mines...

Dear Shareholders and Colleagues,

We have just released a new JORC-compliant Resource estimate for our Mambare nickel-cobalt project in Papua New Guinea. This can be viewed on our website by clicking here.

From only a small part of the license area, we have declared an Inferred Resource of 162.5m tons, at an average grade of 0.94% Nickel and 0.09% Cobalt.

This is a very substantial Resource, equivalent to 1.53m tons of contained nickel, which makes this already one of the larger projects worldwide. It may be noted that other laterite projects are often geologically or geographically constrained, so that the declared Resource cannot be much increased; this one has very great expansion potential. The possibility exists that if it came into operation would be producing for many decades, a characteristic that may make this project attractive to, for example, Chinese partners.

The nickel price currently is $17,082 per ton, and the cobalt price is $29,100 per ton (source: London Metal Exchange).

We have seen two updates on the company so far, one from VSA Capital and one from Edison Investment Research. If you have access to either of these services, which are primarily designed for institutions and professional and qualified investors, you may wish to read their notes, which are positive in tone.

GECR has also prepared a report, which will go to their large retail investor readership, and we enclose a copy of this and of the Edison report.

Now that we have a story to tell, we must become much more proactive in telling it, and any suggestions from you as to how we might better get our message across will be welcome.

The achievement of this considerable milestone opens a number of options, and we shall make a public announcement about how we will pursue them. It is good to have the drilling phase leading up to the declaration of a JORC Resource, which was a substantial financial commitment for us, now completed.

A period of appraisal and study now begins, as our partners Direct Nickel Ltd continue progress to the commencement of testwork at their pilot plant in Perth.

They have recently issued an update to their shareholders, that will no doubt soon appear on their website.


Kind regards,

Andrew Bell

EMail from AB - Sent 10/09.

Dear Shareholders and Colleagues,

I recently completed a short trip to Australia, in the course of which I had a number of meetings and discussions, some of which were focussed on the Direct Nickel technology that we expect to apply to our Mambare lateritic nickel project in PNG, and some on the maturing and often exciting activities of Regency Mines Australasia Pty Ltd.

At Bureau Veritas I watched our brown clay samples being passed over a Wilfley table, with the titanium ore separating out as blackish granules. This was a very satisfying sight:

We want to see what the ore is (rutile or ilmenite?) and if it is ilmenite, evidence that we can get up to a 30% concentrate. So far so good, and the metallurgical testwork is nearly complete, so we will start getting answers; the ore type we will know when a chemical scan has been completed, which takes a little longer.

We met with some people in the graphite space and discussed graphite matters of mutual interest. This story will run and run, but the devil is in the processing, and many companies that talk about their graphite targets have rather a glib and superficial understanding of that. It was a pleasure to speak to people who seemed to have a deep and long-term commitment in an area where we are learning as we go, and so need to take instruction where we can find it. Our neighbours at the old Halberts mine own a facility that produced high grade graphite with very low impurities, and our ground, though undrilled, has definite potential as the structures continue through it and any expansion potential they had would be likely to lie in our ground.

There are no good pictures of this, and Helen who has been there has none: one piece of dense scrub looks much like another!

The DNi pilot plant at the CSIRO facility in Curtin University I visited for the first time since late 2011, and this time Graham Brock, the project manager, was there to show me round himself. The financial constraints of DNi meant that progress was held up for some months, but the plant is now being completed and everything is on the move. There has been some confusion about the stage 1 and stage 2 that DNi sometimes use in describing their process: to clarify, here are a couple of flow sheets that you may find helpful:

The key to nickel viability historically in the sulphide nickel area has been by-product credits. The Russian long-life giant producer Norilsk has silver and other credits; this makes them profitable. Those with no credits may never make it into production. In the nickel laterite area good grade and not excessively expensive processing have not compensated for the fact that by-product credits are usually limited to cobalt. One interesting difference between the conventional sulphuric acid-based HPAL process and the DNi process is that the Mg comes off not as an environmentally hazardous waste but as MgO, a valuable by-product with a high sales price and potentially up to $200m in annual sales from a 20,000 t p.a. nickel plant. I had not done the sums before Graham helpfully did them for me, and we would need to understand the Mgo market better before inputting them into any assumptions, but this is certainly an area we will focus greater attention on now.

With Grant Donnes, our consultant geophysicist and a director of Regency Mines Australasia Pty Ltd, we looked at the potential corollaries of the structures on our new tenements along a 50 km zone on the Fraser Range with the recent discovery 18 km away of Australia’s biggest copper discovery since Sandfire. And we considered next steps at our copper/gold project at Bundarra in Queensland.

Our quiet but persistent exploration effort in WA is beginning to pay off, and for our lateritic nickel story 2012 will be a banner year, with a huge Mineral Resource declared on just a small part of our Mambare tenement, and we hope the Direct Nickel story reviving as the pilot plant moves into commissioning and production.

Our stock exchange announcements tell the story from a regulatory point of view, but the human dimension of the progress achieved, and the industry background, are an important part of the picture as we see it. To allow you to see events a little bit through our eyes and so humanise the narrative is something that we hope is a legitimate aim and a process that will tend to increase your understanding.

Andrew

Shareholder Update – September 2012

http://www.directnickel.com/shareholders-update/

RGM Newsletter.

If you're not receiving it, e-mail natasha.walton@regency-mines.com

Dear Shareholders and Colleagues,

In the absence of my colleague Natasha Walton on a well-deserved holiday in Australia, it falls to me once again to send you this newsletter to decipher some of what may be mysterious in our recent RNS announcements, and to give some background. We hope this kind of communication is useful; if it isn’t, tell us if you think we can make it better, or unsubscribe if you don’t!

Recent announcements have focussed on our Australian exploration interests. We have mentioned a number of prospects, but focussed on three aspects. First, the area around Munglinup where we encountered sulphides in aircore drilling and subsequently elevated titanium levels in one area, and have conducted some metallurgical testwork. Secondly, the area around the old Halberts graphite mine (which does not belong to us) which contained the continuation of the structures hosting at Halberts high grade large flake graphite. Thirdly, the applications for ground along the Fraser Range, on which we made an announcement on 21 September (http://www.regency-mines.com/themes/RegencyMinesTheme/scripts/php/rns_viewer.php?id=20378989 )

What these three areas had in common was that they were along or near to our area of concentration: the boundary between (a) the Archaean Yilgarn craton that sits like a dinner plate occupying much of the southern part of Western Australia, and (b) to its south and trending north-east along its borders the proterozoic rocks of the Albany-Fraser metamorphic terrane. This orogenic mobile belt saw the 2005 discovery of the Tropicana gold deposit, now owned by AngloGold Ashanti, and often described as Australia’s latest major gold discovery (a phrase that makes both journalists and promoters happy). Since the scale of this deposit and its geology have become better understood, all the ground along the ‘Tropicana gold belt’ towards our tenements has been held by explorers, principally international majors, as can be seen in some of the illustrations accompanying our announcements. The new paradigm for exploration in this area that became possible with the new style of mineralisation identified at Tropicana has led to exploration along the belt, including our exploration at Munglinup, which has consisted of geochemistry, geophysics, and aircore drilling so far. These are still early days however for the belt, and possibly even for our Munglinup areas despite our attempts at exploration, which have so far not yielded any ‘smoking gun’, only the interesting sniffs of sulphide we reported and various clues we do not know how to interpret such as the elevated titanium levels. Everything here is a ‘blind target’, which means there is no surface expression of what may lie beneath.

The old model, where people looked for base metals and gold in the Archaean greenstones of the Yilgarn craton, has been replaced by one more subtle and with different challenges. It is interesting that on the northern margins of the Yilgarn the proterozoic rocks of the Bryah basin have also yielded a significant recent copper discovery at DeGrussa in 2009 and exploration is now focussing on the mixed volcanic and sedimentary rocks of this area. We held ground there too, but our analysis suggested that while we had ‘nearology’ the right rocks did not extend into our tenements so we could not develop a sufficiently strong geological hypothesis to justify the expense of testwork.

The ground we pegged in the Fraser Range was along strike SW from Tropicana and NE from Munglinup. We pegged it because Sirius dropped it. They dropped it because you have to drop after two years and in succeeding years a proportion of your license area in WA. And at that time they hadn’t discovered anything and were like others suffering a shortage of funds in what was a poor market (as we know) for explorers. We liked it because it had what we thought was the gold-prospective ground going through it and a number of good gold anomalies. Also along its south and east it contained ground that seemed to be mafic and ultramafic rocks with geophysical anomalies and potential for base metals, though we were not focussing on that.

Then what happened? In July 2012, at the end of a Government-subsidised drill programme (a kind of ‘scholarship fund’ with limited matching finance for drilling in, for example, remote and expensive desert areas like this), in the last 1.5m of the last hole, a company called Sirius, that like us had pegged ground hoping to find another Tropicana, and was exploring a base metal anomaly, had a discovery, Nova. If they had packed up the drill the previous evening, 1.5m short of target depth, I hear, there would have been no discovery: the area would have been written off perhaps for 20 years. Nova is now being described as Australia’s latest major base metals discovery, the most significant for a generation (again a phrase that makes journalists and promoters happy). I will let the Australian Financial Review speak for me rather than attempt to describe July’s events further: http://afr.com/p/business/companies/sirius_stock_spurts_on_metals_find_7z2ehSC68szvUIwalX1gYO

The Sirius price is now not 45c as at the time of the article, but $2.81. The Sirius page on the ASX website is http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&allinfo=&asxCode=sir and their 29 October announcement, one of the most recent, is also one of the most exciting: http://www.asx.com.au/asxpdf/20121029/pdf/429r1jhmpxqy43.pdf

So we have something quite big a few km to our east, which is unexpected, and we are not just benefitting from nearology but have the right rocks and the right anomalies to explore not just for a Tropicana (gold) but also for a Nova (base metals). The chances, as ever in exploration, are less than 50% (or it wouldn’t be exploration) but better than the National Lottery. However the expense would be considerable, and drilling through the surface sand to what’s below is not something that can be skimped if one wants results. The appetite for this exploration in Australia is strong at the moment: they accept the risks, and want the rewards. They know the potential and feel the excitement. They will put up the money that would be hard to find and very expensive in terms of dilution if we were to fund here in London. Here there is no excitement about the Fraser Range.

So we have done the logical thing and agreed to put these assets into an Australian company, Ram Resources Ltd (ASX:RMR). http://www.regency-mines.com/themes/RegencyMinesTheme/scripts/php/rns_viewer.php?id=20456848
We will if the transaction proceeds in all aspects be a major shareholder; indeed preponderant. We anticipate that we will from the beginning be having input and a strong voice in the exploration decisions, and hope to start exploration even before the main money-raise of $1.5-2m, catching the tide and not being left behind.

We will I feel sure look to strengthen the regional portfolio, and believe there is still time. These are early days for exploration in the area.

The shares we get if all goes well (we get 40m immediately) will be 1.2bn, priced at 0.15c Australian and valuing our interest at $1.8m (the current RMR price has risen to 0.4c), with a 1% gross royalty and 20% of the project retained by us on a free carry for a year. The RMR vehicle will have the funds needed for exploration of this project, which will not yield I believe a result unless there is a willingness to commit funds to explore at least actively – and maybe aggressively! Setting the dilution to RGM shareholders against the funds raised and the programme that would be possible, this seems a good outcome, on licenses only just granted and with negligible book cost.

We have long wanted an Australian vehicle for our Australian interests, where they could achieve full value and a good Australian team could be built up: the lack of a flagship project combined with weak markets had delayed this. Now, with assets that though unproven and unexplored have high market recognition, we can establish a bridgehead. We expect any RGM appointments to RMR will be Australian-based professionals, with just one geologist Project Manager from London involved, since we want RMR, or whatever its name may be, to have a life and spirit of its own and the capacity and confidence to take major decisions.
Here we are, surrounded by a sea of Sirius!
This is the Sirius gold geochem anomalies released in the area now covered by our tenements..............the open file AEM conductor and the magnetic unit similar size to Nova not shown............. this is all public data by the way.

So you can see what lay behind our creating ‘another vehicle’ in Australia, and what lay behind the valuations and strategy. We hope this at worst this creates extra shareholder value at no cost for RGM, and at best it is the spark for success and discoveries.

Further information can be obtained from the RMR page on the ASX http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&allinfo=&asxCode=rmr and RMR’s description of the transaction with illustrations is at http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=01349159

Let me turn to the graphite project. Logic dictates that we look for forms of co-operation with neighbours and other interested parties that will create a long-term graphite strategy in which we can participate. This we have spoken of, and our view is unchanged that this is the framework within which we can progress drilling and exploration best. If we have something to announce, we will announce it, but given our lack of background in graphite it is more important for us to get it right than to act quick. So we hope shareholders will be patient, and understand why when they ask ‘what is happening?’ we do not reply.

We continue to look at Sudan as a possible area for diversification into agrominerals. The key is to be sure we have clear targets and a very controlled programme which will not lead us into early or high expense. That is what due diligence is designed for, and we have given ourselves as announced until the end of November.

Shareholders sometimes suggest that a constant diet of announcements may be good for the shares. We believe that constant activity may sometimes serve them ill and incur unnecessary costs, and that all activity should be strategic. Our discovery cost per ton for nickel at Mambare in PNG was, we suggest, very low: our associate Red Rock’s discovery cost per oz for gold in Kenya is demonstrably very low. While not the only metric, for an exploration company with a long-term focus we think this a very important measure of success that ultimately should be reflected in value and market rating. How ironic it is that in the last few days we have been able, we hope and believe, to add considerable shareholder value to RGM on assets where there is no resource, nothing has yet been discovered, and our exploration has not yet begun. If we could repeat this once or twice more, we could say ‘we finf the harder we work, the luckier we get’, but on a single occurrence we shall remain remain modest and thank God for some good luck.

Please feel free to contact us with your questions.

Andrew



Ram Resources THE DEAL


http://www.ramresources.com.au/_content/documents/940.pdf

Indonesian Sample Arrives in Australia – Stage 1 Commissioning on Track for January Start

http://www.directnickel.com/indonesian-sample-arrives-in-australia-stage-1-commissioning-on-track-for-january-start/

RNS pilot plant commissioned.

Stage 1 Commissioning Starts in January

A significant milestone has been reached with the commencement of the Stage 1 Plant hot commissioning on 15th January at the CSIRO facility at Waterford.

Over the past few weeks across Christmas/ New Year:

The sample from PT Antam’s Buli deposit in Indonesia was delivered to Cook Industrial Minerals for drying and preparation to minus 1.4mm

A HAZOP review was undertaken to assess safety implications of all modifications made to the Plant compared to the design

A ‘punch list’ of remaining items was worked through in readiness for start-up

A Commissioning Engineer from Therma-Flite in San Francisco arrived to ensure the decomposition unit is operating to specification

The full team of operators that underwent induction and training late last year were on hand for the start of 24/7 operations, which commenced on 14th January. The hot commissioning for the Stage 1 Test Plant flowsheet is planned to take three months followed by two months of operation.

DNi’s Project Manager, Graham Brock, said “The combined DNI, CSIRO and RMDSTEM team have worked very hard for many months to reach the point where we introduced ore feed to the Test Plant this week. It is very early days at present and we still have to fill the circuit and see if we encounter any mechanical issues before we can focus on process considerations. It is very satisfying to see the first ore move through the Plant and everyone can be proud of what we’ve done and look forward to the challenges we will face, with confidence.”

With Stage 1 commissioning now underway additional resources will focus on completing construction of the Stage 2 portion of the flowsheet with all equipment for this having been purchased and on site.

Meetings were held in Perth during last week with key stakeholders supplying ore and personnel for the Test Plant program. The emphasis was on ensuring the program adequately managed and continues without interruption after the completion of Stage 1 activities.

Discussions held with Indonesian mining company PT Antam focused on an ongoing involvement with DNi. Separately DNi is already planning for a program to identify the location for a possible first commercial Plant in Indonesia.

http://www.directnickel.com/16-january-2013-dni-test-plant-stage-1-hot-commisioning-commences/

Presentation RGM

Thursday the 31st January 2013,
Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB (Charles Suite)

http://www.proactiveinvestors.co.uk/register/event_details/174

SP has to pass 4.5p before the options start paying something to Aim for excuse the pun..

REGENCY MINES PLC
("Regency" or "the Company")

Grant of Options

http://www.moneyam.com/action/news/showArticle?id=4528551

DNi Test Plant Update

http://www.asx.com.au/asxpdf/20130213/pdf/42d01x5f3bc3r9.pdf

RGM Presentation from last night courtesy of Vip from the other side...

Good to meet up with everybody last night.

Pyramid lake - needs more drilling as they're unsure of what they've got.

Graphite - deal with Graphite Australia could be announced shortly. GA's geologists have told them they must do a deal with Regency.

Sudan - doesn't look like any drilling will take place this year. Concession areas are huge, so time will be spent narrowing down and locating the very best areas. An important new area of interest should be announced soon.

RMR - being slow and RGM may go somewhere else as they have people queuing at the door to do a deal.

Spoke with a broker (Optiva) who was very interested in the DNi story.

Spoke at length with Russell Debney and all's good in Perth. Results to date are excellent. DNi will continue to issue updates on a regular basis.

Operational Update 1 March 2013

http://www.moneyam.com/action/news/showArticle?id=4547232

New processing method to deliver huge benefits to global nickel industry

"This process has the potential to revolutionise the global industry. Australia has an abundance of nickel laterites, so it would provide a significant boost to our economy."

Dr Dave Robinson, CSIRO mineral processing research leader


http://www.csiro.au/Portals/Media/New-processing-method-to-deliver-huge-benefits-to-global-nickel-industry.aspx

Feature: Nitric Nickel

A new environmentally friendly processing method that uses and recycles nitric acid could unlock 70 per cent of the world’s nickel. Tim Treadgold reports

Updated 13 March 2013

http://www.csiro.au/Portals/Publications/Magazines/resourceful/3-Nitric-nickel.aspx

DNi & Heron Resources test results 26/03/2013

http://www.asx.com.au/asxpdf/20130326/pdf/42dwmy3jtd0bpg.pdf

Regency Mines Has Plenty Of Balance Sheet Strength To Support Its Aspirations In Sudan, Papua New Guinea, And Australia

By Alastair Ford

Andrew Bell pulls no punches about the Regency Mines share price when Minesite rings him up for a chat.

“It has underperformed this year”, he says matter-of-factly, before adding a reasonable enough qualifier: “the whole sector’s obviously bad”.

No doubt about that, with the gold price volatile, iron ore forecasts being trimmed, base metals weakening, and the funding environment in the junior equities space extremely depressed.

But however that may be, Andrew’s still of the clear view that Regency in particular offers value at these levels, and he makes a simple enough case to back up this view.

“The market capitalisation is just under £3 million”, he says. “We have listed investments of £1.5 million. And we have £2.5 million-plus in Direct Nickel.”

So, a simple enough proposition: £4 million in investments to support a £3 million market capitalisation, with all the company’s other licences and interests thrown in for free. But given that straightforward analysis, much then hangs on Direct Nickel and its future prospects.

UK investors may not be overly familiar with Direct Nickel, which could end up revolutionising the processes whereby nickel metal is extracted from saprolite and limonite ores with its proprietary hydrometallurgical technology.

But anyone who attended our Minesite forum back in March of 2012 received a comprehensive enough picture from Russell Debney, Direct Nickel’s chief executive, who presented in conjunction with Andrew Bell.

That presentation is still available here, and provides a pretty good grounding as to the opportunity and the potential for the future.

Much has happened since then, of course. Direct Nickel has gained further financial support from Australia’s prestigious scientific body, the Commonwealth Scientific and Industrial Research Organisation.

But more to the point, it’s now commissioned a test plant capable of treating a tonne a day of laterite feed, and is now beginning to release the results of the first phase of the testing process into the market. The latest update, issued on April 23rd 2013, reported that after three months of initial tests the acid recovery circuit is performing to design, and that the company is on track to complete the overall test plant programme in 2013 as planned.

That’s good news for Regency on two levels. One, the commercialisation of the Direct Nickel process creeps nearer, and the likelihood that Direct Nickel itself will be able to list on the ASX looms ever larger, potentially allowing Regency an easy exit route, should one be needed.

Secondly, and on an even longer-term view, the thinking is that Direct Nickel’s hydrometallurgical process can be applied to ore from Regency’s Mambare nickel laterite project in Papua New Guinea, which holds at the last count, more than 162 million tonnes grading 0.94% nickel and 0.09% cobalt.

This project is, says Andrew, “absolutely enormous”, and he’s fairly clear that ultimately Regency will need a partner to help with development. Success with the Direct Nickel process will go a long way towards demonstrating the economics at Mambare, however, and after the latest release from Direct Nickel, Andrew was quick to put out a press release of his own, in which he expressed view that the latest results were “very promising”, and that the Direct Nickel process could end up being “a disruptive technology for the nickel industry”.

It’ll be some time yet though before Direct Nickel commercialises its product, and Andrew Bell is fully aware that investors need excitement in the short-term if he’s to keep them interested. That’s why he’s now taken Regency into a new area of operations, the Sudan, where a few intrepid London-based operators, including Mark Parker, late of African Eagle and our good friends at Toro Gold, are already nosing around, but where no-one as yet has made a really big splash.

But Regency is moving fast. “We’ve already looked at and eliminated a number of areas”, says Andrew. “It’s very cheap to do that with a hand-held XRF. But the potential for early stage discoveries is enormous and doing that kind of thing doesn’t cost very much.”

Interestingly though, Regency is at least for the time being focussing on phosphate and gypsum, which Andrew argues remain at attractive points in their relative cycles, unlike most of the precious and base metals which are many years into an upswing and are now encountering significant volatility.

“We think that the outlook for agrominerals is good”, he says. “It’s still a growing and important story. The supply is less than the demand, and there is huge interest in the Sudan.”
So the attention will now shift to the Jebel Abyed property, the boundaries of which were recently extended by Regency in response to work already undertaken this year. “The next news from Regency will be an announcement that people are going out at the end of the month”, says Andrew.

But before anyone objects that the market is hardly likely to support big outlays on early stage exploration at the current time, it’s worth just noting that movement in Sudan is surprisingly easy, and that the overall cost of the next pass at the exploration ground shouldn’t amount to more than £30,000 or so.

Longer-term, Andrew talks of the potential of bringing in a partner to help move the Sudanese projects along, and that seems a realistic enough proposition given that he’s had plenty of experience in bringing bigger companies to the table with his other vehicle, Red Rock Resources.

There, Brian Gilbertson no less, took a stake in some iron ore and manganese assets that Red Rock held in Australia in a transaction that also involved Jupiter Mines. And it’s in Australia too that Regency’s other key asset is located, also in an area that’s more than likely to attract in a major in due course – the famous Fraser Range where Sirius has recently discovered nickel in a big, big way.

“We are in the Fraser Range right next door to Sirius”, says Andrew. “Sirius has become a billion dollar company from nothing and we’re right next door.” That success represents a clear opportunity for Regency to monetise its own assets, and accordingly the key licenses are going into a local company, ASX-listed Ram Resources, once A$1.5 million is raised to support further exploration work.

“Our aim”, says Andrew, “is not that this should be a financial burden on Regency shareholders, but rather that it should be a source of revenue”. After all, Andrew runs a fairly tight ship at Regency and isn’t keen on parting with the company’s money unless it’s absolutely necessary. At the moment there’s around £300,000 to £400,000 in the company, with the remains of an £800,000 facility also available.

And as far as future funding is concerned, investors ought not to be too worried about dilution, especially at this price. “We aim to sell off one or two of our peripheral investments, including the listed ones”, says Andrew. These include stakes in Red Rock, Oracle, Alba, and Ram Resources. “We have people approaching us for the Direct Nickel stake at the price of the last financing, but we’d only sell a bit of it”, he adds.

So money ought not to be an issue in the immediate term. But will there be further deals? Well, Andrew’s always got an eye for a bargain, so never say never. “At the bottom of the market, you should be using undervalued stock to get underpriced assets”, he says. So watch this space.

http://minesite.com/news/regency-mines-has-plenty-of-balance-sheet-strength-to-support-its-aspirations-in-sudan-papua-new-guinea-and-australia

AB Talks to Miningmaven

http://www.miningmaven.com/companies/aim-mining/regency-mines/regency-mines-chairman-andrew-bell-talks-to-miningmaven/

Game changer for nickel processing

Hannah Vickers Wednesday, 29 May 2013

DIRECT Nickel is looking to change the mining industry by providing a low-cost, environmentally friendly process to treat nickel laterites. MiningNewsPremium.net was at the official pilot plant opening in Perth on Friday.

Direct Nickel managing director and CEO Russell Debney at the official launch of the company's test plant. Courtesey of Direct Nickel.

The revolutionary process, which is being tested at CSIRO’s Australian Minerals Research Centre at Curtin University in Western Australia, uses nitric acid and is capable of processing nickel laterites easily and with very little waste.

Most nickel in the past has been from sulphides, which are processed using standard flotation techniques but laterites are very different.

Direct Nickel chief executive officer and managing director Russel Debney said the existing laterite processes were known for their high intensity.

“Not only that, the processes that are currently available are selective so that a process to treat the iron-rich limonite section of a laterite would be a different process from that used to treat the magnesium-rich saprolite layer,” he told MiningNewsPremium.

“The DNi process treats both in the same flow sheet.”

Direct Nickel project manager and technology head Graham Brock said the process was needed to open up the nickel laterite deposits around the world.

“Unfortunately most of the easy sulphides have been found and finding new ones is getting harder and harder,” he said.

Companies waiting for an effective way to treat laterites won’t have to wait much longer.

In the Direct Nickel process, material is crushed to around 2mm then conveyed into leaching tanks where it will sit for approximately four hours at 100 degrees Celsius before separating out anything that didn’t dissolve in the nitric acid from the solutions.

Iron, aluminium, cobalt and nickel are all produced from the process, along with magnesium nitrate which is processed into magnesium oxide and can be sold as a by-product.

The nitric acid left at the end of the process is sent back through pipes to the first leaching tank to start its work again, with more than 90% of the acid recycled.

As a result, the amount of reagent left in tailings is very small compared to alternative processes and will be easily neutralised.

In addition to Direct Nickel and CSIRO stakeholders, WA Mines and Petroleum Minister Bill Marmion and Chilean ambassador Pedro Pablo Diaz Herrera were on the scene for the opening.

“I must take my hat off to everyone here involved in this process,” Marmion said.

Speaking with MiningNewsPremium, Marmion said the development of the Direct Nickel process was important for the state, especially because of how inexpensive it would be to run.

“It actually opens up a whole lot of extra resources for Western Australia and the world,” he said.

Partnering with CSIRO has given Direct Nickel the ability to run the test plant for a full year and give the company time to get a real feel for the process, according to Brock.

“If we did the same exercise in a commercial facility, we’d probably spend all the money we’re going to spend in a year here in a month and we just would not get the data that is needed to demonstrate and to confirm all the things we know about this process,” he said.

“So it’s a fantastic opportunity to be able to run this plant here for a whole 12 months.”

Having the plant running for a while also gives the company an opportunity to greet sceptics as well as potential investors.

Brock said roughly 60 visitors had come to the plant in March and April and of the 40 who expressed interest, 20 might be serious about getting involved.

The pilot plant, which has been running since January and is processing around 1 tonne per day of ore, will operate through October.

“We’re going to learn so much,” Brock said, while taking stakeholders on a tour of the facilities.

“If we’re going to find a problem, we’ve got time to do it.”

The plant has already processed ore from Indonesia before recently starting work on Brazilian samples without any difficulty.

Should things go according to plan, the first commercial Direct Nickel plant will be operational by 2017.

“The world has been waiting a long time for this breakthrough and it is literally weeks and months away,” Debney said.

http://www.pngindustrynews.net/storyview.asp?storyid=798530436&sectionsource=s0

Edison latest RGM....

http://www.edisoninvestmentresearch.com/researchreports/Regency110613update.pdf

Latest News Letter From RGM 13/06/13

https://www.dropbox.com/s/uczwxstk1yd9ynx/RES_1306_AU_LR_Fraser_Range%20%281%29.pdf

("Regency" or the "Company")

Fraser West Project - Update on Disposal 1 July 2013

http://www.moneyam.com/action/news/showArticle?id=4623808

News Letter 15/07/2013


Dear Shareholders and Colleagues,
This summer has been one of British sporting success – a Briton winning Wimbledon, a successful Lions tour, and (perhaps) victory in the Ashes. We would improve your summer, and our own, if we could produce some small victories for Regency. We are working towards that, in a discouraging market.
Sudan
On Friday two of our geologists returned from a target identification field trip to Sudan.
Gary Hurst, project manager, and Amy Linehan, project geologist, flew out to Khartoum a fortnight ago to meet with the Head of the Agromineral Department at the Ministry of Minerals, where they spent time researching, talking to local geologists and arranging logistics, before flying out to Port Sudan. From there, they took a team of eight people into the field at our Red Sea concession.
From their temporary base camp in the desert, five days were spent exploring for evaporite sequences by traversing the field, taking samples, doing some basic mapping, field reconnaissance and structural analysis of the lithologies.
A great deal was achieved before the beginning of Ramadan brought our programme to a close. A detailed report of the trip will be released via RNS.

Fraser Range
All Australians, and some of you, know of the great success that Australian company Sirius has found with their Nova and Bollinger nickel-copper-cobalt deposits in Western Australia. Their story is one that all exploration companies strive to emulate and market attention is focussed on companies with adjacent tenements.
Late last year we announced that we agreed the sale of the majority of the rights to our Fraser West Project in Australia to RAM Resources Limited (ASX:RMR)("RAM"), a company listed on the Australian Stock Exchange. The map below demonstrates the location of these tenements in Fraser Range in relation to Sirius’.
With just two days’ notice from RAM, we have been able to arrange a team of 5 geologists (borrowed from Red Rock Resources and not currently doing field work) to work on this Regency project that is being carried out on behalf of RAM. The decision was made following discussions with RAM given the need to get feet on the ground working before the licence anniversary.
The work is important and exciting, and it is a tribute to the efficiency of our systems that we are able to pick something up and hit the ground running so promptly. From the H&S protocols, to the logistical planning, budget and field work proposal, we are always ready for swift mobilisation. We are able to rely on an outstanding staff who worked efficiently to get both the Sudanese and Australian reconnaissance trips off the ground.
The team will be flying out in two groups today and Wednesday, for approximately 2-3 weeks in the field.
The following photos are from a reconnaissance trip to Fraser Range undertaken in April this year and demonstrate the environment our geo team will be working in over the next few weeks.
Fraser Range is a project that excites all of us. RAM is at the start of a road that has the potential for failure, but also for success that could transform us.

Fraser Range Exploration Update From Ram...

http://www.tradingroom.com.au/apps/company_annoucements.ac?contentUrl=http%3A%2F%2Fnewsstore.com.au%2Fapps%2FviewDocument.ac%3Fsy%3Dtpl_nws%26ss%3DTPL%26docID%3DGCA01425360RMR%26backTo%3Dhttp%3A%2F%2Fwww.tradingroom.com.au%2Fapps%2Fqt%2Fquote.ac%3Fcode%3Drmr

Regency Mines Plc Update on Direct Nickel Limited 19 July 2013

http://www.moneyam.com/action/news/showArticle?id=4635341

Jul 19 2013 – Direct Nickel produces first marketable Nickel Concentrate

http://www.directnickel.com/category/news/

Direct Nickel and PT Antam sign an agreement to develop nickel laterite deposits and processing plants in Indonesia

http://www.asx.com.au/asxpdf/20130722/pdf/42h5jnmvg3l09l.pdf

Ram Resources
$1.5m Capital Raising / Appointment of Managing Director

http://www.tradingroom.com.au/apps/company_annoucements.ac?contentUrl=http%3A%2F%2Fnewsstore.com.au%2Fapps%2FviewDocument.ac%3Fsy%3Dtpl_nws%26ss%3DTPL%26docID%3DGCA01427946RMR%26backTo%3Dhttp%3A%2F%2Fwww.tradingroom.com.au%2Fapps%2Fqt%2Fquote.ac%3Fcode%3DRMR%26type%3Dlivequote%26sy%3Dtpl

Ram Resources New Web Site

http://www.ramresources.com.au/

News Letter.. 26/7/2013

http://www.regency-mines.com/files/3113/7485/1035/RGM_Newsletter_July_26.pdf

Ram Resources Limited
Quarterly Activities Report
Quarter ended 30 June 2013

View original PDF

http://www.tradingroom.com.au/apps/company_annoucements.ac?contentUrl=http%3A%2F%2Fnewsstore.com.au%2Fapps%2FviewDocument.ac%3Fsy%3Dtpl_nws%26ss%3DTPL%26docID%3DGCA01430154RMR%26backTo%3Dhttp%3A%2F%2Fwww.tradingroom.com.au%2Fapps%2Fqt%2Fquote.ac%3Fcode%3DRMR%26sy%3Dtpl

View original PDF

Update on the Red Sea Concession, Sudan 05 August 2013

http://www.moneyam.com/action/news/showArticle?id=4644938

Sudan Agrominerals Report RGM

Sudan: Cultivating its Agrominerals Potential is a Win-Win Strategy

http://miningmaven.com/images/stories/RGMFeature2013.pdf

Australian Mining Technology

Success For DNi Test Plant

http://www.directnickel.com/wp-content/uploads/2013/09/Asia-Miner-Sept-Oct-2013.pdf

Michael Forrest Talks To A.B about the process for recovery of Nickel from Laterites..

OCT 2013
http://www.regency-mines.com/files/3913/8064/4223/Nickel_MaterialsWorld_Oct2013.pdf

Very positive news coming from.
DIRECTNICKEL.COM
Shareholder Update 30 September 2013
Message from the CEO

http://www.directnickel.com/wp-content/uploads/2013/10/Shareholder-Update-30-Sept-2013.pdf

On The Move

Update on Direct Nickel Limited - Test Plant

http://www.moneyam.com/action/news/showArticle?id=4681372

,

Ram Resources All RMR resolutions passed.

http://www.asx.com.au/asxpdf/20131008/pdf/42jwvpqxf55cyt.pdf

New newsletter 4 Oct

http://www.regency-mines.com/files/6213/8358/2542/RGM_Newsletter_041113.pdf

driver is this the last throw of the dice?

halifax

No DNi is now looking very promising and will relist Q1 2014 that will be the game changer, RGM now have 19% of RAM (ASX:RMR).Plus a 1% royalty ..

From Starvest PLC who are investers in RGM

What they are doing:
Regency has exploration assets in Western Australia prospective for base metals and gold;
• 19.9% interest in ASX quoted Ram Resources Limited, the holder of licences in the Fraser Range, WA prospective for gold and nickel-copper-cobalt, adjacent to those held by Sirius Resources (ASX);

• With the support of the Sudanese government, a 51% interest in IMRAS exploring for agro-minerals in Sudan;

• 50% of Oro Nickel Vanuatu, which itself holds the Mambare property in Papua New Guinea with a JORC resource of 162.6 mt nickel grading 0.94% with 1.53 mt of contained nickel plus cobalt, from 3% only of the tenement; there is also potential for base metals, gold and geothermal resources;

• a 6% interest in Direct Nickel Limited which is in the later stages of proving a game-changing nickel treatment technology; and
• other investment interests in Alba Mineral Resources plc, see below, and Greatland Gold plc, see above.

Future plans:
More of the same: conduct early stage exploration; prove a resource; dispose of it to a third party in exchange for a minority stake, and/or a carried interest. Immediate plans are to continue early stage exploration in Sudan.
Comment: The significance of the Mambare project with the associated technological breakthrough by Direct Nickel should not be overlooked.

DNi Chairman’s AGM address to shareholders

http://www.asx.com.au/asxpdf/20131122/pdf/42l2f98p001c0c.pdf

Beaufort report Regency Mines Plc

Friday, 13th December 2013

http://www.regency-mines.com/files/9313/8693/1585/Regency_Mines_131213_Beaufort.pdf

Still falling.

Finally its starting to move again.

("Regency" or the "Company")

Investment in UK Onshore Oil and Gas Prospect

11 July 2014

Regency Mines Plc ("Regency" or the "Company"), the mining exploration and mineral investment company with interests in nickel and other minerals in Australia, Papua New Guinea and Sudan, is pleased to announce that it has signed a Heads of Agreement ("HOA") with Horse Hill Developments Ltd ("HHDL") for Regency to acquire a 5% stake in HHDL.

This investment follows a decision by Alba Mineral Resources Plc ("ALBA"), in which Regency currently has a 14.87% direct stake, to participate in the HHDL project.

HHDL is a newly incorporated special purpose company which has the rights to acquire a 65% participating interest in the Petroleum Exploration and Development Licence 137 ("PEDL 137") in the Weald Basin, UK. The participants in the Horse Hill -1 well are HHDL as operator with a 65% farm-in interest and Magellan Petroleum Corporation with a 35% interest. HHDL will receive its 65% interest by completing the proposed well at the property by the end of August 2014. The well is expected to spud during July 2014 and is targeting a number of conventional stacked oil and gas targets up to a depth of 8,512 feet.

The Weald Basin is prospective for conventional oil in Mesozoic sandstones, with the primary reservoir rocks being the Portland sandstone formations where Purbeck Mudstones form the capping rock. The Horse Hill prospect lies 7.5 km to the south-east of the Brockham oilfield and was drilled by Esso in 1964 with oil shows, in a location shown by seismic re-interpretation to be separated by a fault from the main target structure.

Co-investors in HHDL besides Alba, include Angus Energy Ltd, Solo Oil Plc (AIM:SOLO), Doriemus Plc (AIM:DOR), Stellar Resources Plc (AIM:STG) and UK Oil & Gas Investments Plc (AIM:UKOG).

Acquisition Terms

The total consideration payable by the Company is GBP300,000. An initial non-refundable deposit of GBP10,000 is payable on signing of the HOA and the balance is subject to completion and execution of definitive agreements which the parties are currently finalising. At completion, RGM will make a further payment of GBP40,000 and the balance of GBP250,000 would be payable according to cash calls required for drilling the well. Following the payments, Regency will own 5% of HHDL and will upon completion of the well indirectly hold a 3.25% beneficial interest in PEDL 137.

Andrew Bell, Chairman, comments:"The opportunity to invest with Alba, Angus Energy, and the other investors in this exciting UK oil and gas project follows extensive due diligence and analysis. By co-investing with Alba, Regency supports Alba in its strategic re-launch into the oil and gas space, which Regency has been assisting. Regency increases its exposure to the potential upside of the project while minimizing downside risk and total cost, offering Regency investors access to near-term cash generation and an increase in the liquidity of its existing investment in Alba. While a relatively small financial commitment at this stage, the Regency Board believes that this strategic shift will help unlock value for Regency amidst challenging market conditions in the mineral resource sector."

RGM finally on the move about time with ALBA leading the way.

SMALL CAP MOVERS: Expanding syndicate of AIM firms gear up to Horse Hill oil project

An ever expanding syndicate of small cap firms are gearing up for what could prove to be a very significant conventional British oil project.

Serial AIM company executive David Lenigas is at the centre of the Horse Hill project’s somewhat unlikely grouping of investors, which includes a would-be Welsh gold miner.

Rising over 200 per cent and 33 per cent respectively, the two latest additions to the syndicate Alba Resources and Regency Mines, both of which naturally mining companies in terms of expertise and assets, were among the top small cap performers this week.

UK Oil & Gas, Solo Oil, Stellar Resources and Doriemus are the other small cap firms staked in the venture.

The imminent Horse Hill well is the reason a group of mining execs have been drawn out of their comfort zone to (hopefully) get oil on their boots.

Optimistic experts privately describe the prospect in superlatives - one analyst apparently even claimed it was the best prospect he’d seen his entire professional career.

http://www.dailymail.co.uk/money/investing/article-2697514/SMALL-CAP-MOVERS-Expanding-syndicate-AIM-firms-gear-Horse-Hill-oil-project.html#socialLinks

On the move.

Horse Hill could rival UK’s Wytch farm field, broker says
By Jamie Ashcroft
August 05 2014, 3:47pm

http://www.proactiveinvestors.co.uk/companies/market_reports/71016/horse-hill-could-rival-uks-wytch-farm-field-broker-says-0000.html

Horse hill now starting to kick in up 47% on the day more to come next week.

Exciting times ahead!!