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 ????

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