gordon geko
- 22 Feb 2005 11:50
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 ????
skyhigh
- 30 Nov 2010 18:23
- 210 of 441
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
- 01 Dec 2010 16:56
- 212 of 441
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!
driver
- 07 Dec 2010 10:08
- 213 of 441
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."
driver
- 10 Dec 2010 14:52
- 214 of 441
driver
- 14 Dec 2010 17:59
- 216 of 441
driver
- 20 Dec 2010 15:01
- 217 of 441
driver
- 22 Dec 2010 16:39
- 218 of 441
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
ptholden
- 23 Dec 2010 11:32
- 219 of 441
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
- 23 Dec 2010 12:48
- 221 of 441
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.
skyhigh
- 30 Dec 2010 09:49
- 222 of 441
excellent forward looking statement released today.
onwards and upwards.
buy and HOLD imo.
gibby
- 30 Dec 2010 13:29
- 223 of 441
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
cielo
- 30 Dec 2010 17:25
- 224 of 441
Just right, good results and Indicators on the right place moving higher from the lower place oversold, after a long retracement
cielo
- 30 Dec 2010 22:47
- 225 of 441
The large stake on RRR is worth 21m, and could be much more when they go into production on a couple weeks
cielo
- 30 Dec 2010 23:42
- 226 of 441
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."
driver
- 07 Jan 2011 11:46
- 227 of 441
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
hlyeo98
- 12 Jan 2011 08:19
- 229 of 441
Bought some RGM today at 6.1p.