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 ????

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.