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 ????

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