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 ????

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.