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 ????
robertalexander
- 08 Mar 2011 20:47
- 278 of 441
hopefully this will keep up with RRR. even more so as i sold RRR y'day during a portfolio reshuffle and put some of it into this one to top up. i decided that i was o'weight and with the two being related it made sense.[ well to me any way] GLA
Alex
Andy
- 15 Mar 2011 16:02
- 279 of 441
Regency are presenting in London on Thursday March 24th.
Attendance is free, please see the invitation below, email to register is aiminvestor@hotmail.com.
---
You are warmly invited to attend our latest evening mining presentation evening, to be held at The Counting House, 50, Cornhill, EC3V 3PD.
We are teaming again up with Miningmaven in presenting a great double bill featuring Regency Mines (LON:RGM) and Stornoway Diamond Corporation (TSX:SWY) with guest expert speaker John Butler from Amphora Capital completing the line-up.
The proceedings start at 18.15 for 18.30
The evening commences with a brief introduction, then a presentation from our guest speaker, followed by the sponsoring companies.
There will then be time for questions, then a hot dinner (traditional pub fair) is served around 8.00pm. There is ample time for networking over dinner, and afterwards at the bar. The meetings officially wrap up around 9.30pm - though often go on for longer!
Advance registration is essential as we anticipate another full house for this event.
Free registration can be made by email to aiminvestor@hotmail.com
driver
- 22 Mar 2011 16:46
- 280 of 441
Minesite.com
March 10, 2011
Oracle Coalfields Will List On Aim Within A Matter Of Weeks
By Alastair Ford
So its official. Oracle Coalfields will at last move to Aim. One way or another, the moves been on the cards since the company first listed on the more junior PLUS market back in 2007. But as anyone whos been in the equity markets in the intervening period knows only too well, its been an up and down sort of a time since then, what with the credit crunch, the total collapse in commodities prices, and their spectacular recovery. An up and down sort of a time for Pakistan, too, where Oracles 1.4 billion tonnes of coal is located. Theres been earthquakes, terrorism, and flooding, not to mention the corruption in the national cricket team, which only dealt another blow to national morale. But the country has also been suffering a much less widely-reported, but deep-rooted problem: a chronic shortage of power, such that most of the countrys residents only get supplies for a couple of hours a day, if at all.
This is a serious concern for the government, which knows that its legitimacy in the eyes of a population perennially being presented with more fundamentalist alternatives rests on its ability to deliver a decent standard of living for the people. At this point, up steps Oracle, if not with the solution, at least with part of the solution. The company has a memorandum of understanding with Karachi Electricity Supply Company (KESC), one of Pakistans major suppliers, to consult on the development of a symbiotic mine and power station in the neighbourhood of Oracles Thar licence, approximately 380 kilometres to the east of Karachi. The idea is for KESC to build a 300 MW plant that will be scalable up to 1,100 MW in due course, fed by lignite from Thar.
The government likes that idea in principle, and will do plenty to facilitate the development of such a project, if it can. But as Oracles chief executive Sharukh Khan explains, it doesnt all hinge on that. We had to ask ourselves, are we an energy company, or are we a mining company? he says. And although in the early years of Oracles existence there was some blurring round the edges, the answer couldnt be clearer now. We are a mining company, says Sharukh emphatically. And in that context its interesting to note that while KESC is tied to Oracle via an exclusivity agreement, and is prohibited from developing plans for a power station in the Thar vicinity with anyone else, Oracle is not tied in a similar way.
Thats an important distinction for Londons investment community, who will shortly be presented with the opportunity to buy Aim-traded, as opposed to PLUS-traded Oracle. Oracle already has the prospect of short-term cashflow from a deal it struck with local cement company Lucky Cement back in January 2010. But it can also get mining in a serious way in the knowledge that if KESC cant keep pace, itll be able to sell its coal elsewhere.
More will be known when the results of the ongoing feasibility study into Thar are released in June. That study uses some well known consulting names, including Wardell Armstrong and SRK, and will incorporate new drilling on Thar. Once the details are in, it will be combined with parallel studies that are being produced by KESC, and the two will then move towards the production of a bankable document.
At that point the companys Aim listing should come into its own. The idea of the Aim listing is to raise our profile and present ourselves to a different investor audience, says Shahrukh. So far, Oracle has been well supported by some prominent names at the more entrepreneurial end of the market, including Andrew Bell of Regency Mines and Red Rock, and Bruce Rowan, who has cast his net widely in the resources space for many years. But the key thing, according to Shahrukh is that once were on Aim we can build a platform, to look for larger funds. The construction of a mine at Thar will require a certain level of institutional support, although precisely what form that will take isnt yet clear. Sharukh talks of a debt-equity split, but also mentions the possibility of partnerships with local or regional businesses. There might be interest in the Middle East, he intimates, although obviously its early days, yet.
In the meantime, investors will have to wait just a little bit longer for the precise details of the listing to come through. It wont be a massive raise at this stage, says Sharukh, although the company will top up its working capital when it lists, so it wont be a pure introduction either. As to the precise date, thats also under wraps, partly because the documentation is still in the works, and partly to keep the PLUS say-traders at bay. Itll be the early part of the second quarter is all Shahrukh will commit to. But if you think about it, thats only a few weeks away. Watch this space.
Andy
- 22 Mar 2011 16:58
- 281 of 441
We only have a handful of places remaining for the Regency presentation in London this Thursday evening, details are pasted below.
Registration will close when capacity is reached.
----------
Regency are presenting in London on Thursday March 24th.
Attendance is free, please see the invitation below, email to register is aiminvestor@hotmail.com.
---
You are warmly invited to attend our latest evening mining presentation evening, to be held at The Counting House, 50, Cornhill, EC3V 3PD.
We are teaming again up with Miningmaven in presenting a great double bill featuring Regency Mines (LON:RGM) and Stornoway Diamond Corporation (TSX:SWY) with guest expert speaker John Butler from Amphora Capital completing the line-up.
The proceedings start at 18.15 for 18.30
The evening commences with a brief introduction, then a presentation from our guest speaker, followed by the sponsoring companies.
There will then be time for questions, then a hot dinner (traditional pub fair) is served around 8.00pm. There is ample time for networking over dinner, and afterwards at the bar. The meetings officially wrap up around 9.30pm - though often go on for longer!
Advance registration is essential as we anticipate another full house for this event.
Free registration can be made by email to aiminvestor@hotmail.com
driver
- 25 Mar 2011 10:58
- 282 of 441
Feedback by one of yesterday's attendees From iii
The presentation at the Counting House was a bit rushed and noisy (white noise - bar, people talking) so hope video plays ok.
Presentation proved Andrew Bell to a very clever and decent man with good contacts, intelligence and Team. His delivery is machine gun style without being annoying and his tone almost therapeutic. More importantly he knows his stuff and his companies. I would suggest also listening to the interview with proactive investors from Sept 10 (link below) as well as the new video as all that has changed is the weight of evidence and the timelines.
The principle dynamics of the company remain the same: that is basically in the long term they have potentially two world class resources and in the short term a Nickel play with good upside and an investment vehicle with fingers in gold and coal. (obviously two are not mutually exclusive!)
Story One: a Nickel Play
http://www.proactiveinvestors.co.uk/companies/ceo_focus/526/andrew-bell-of-regency-mines-talks-about-the-best-technology-for-treating-lateritic-nickels-and-considering-listing-a-subsidiary-on-the-asx-.html
Regency has been seen primarily as a Nickel Company and Nickel prices have not been strong for two years".....
"Copper has recovered very sharply Nickel has not recovered so quickly this was unexpected and has been a slight problem however we do have some copper potential and we do intend to build up our copper potential so it balances the Nickel". AB.
At event he said he felt the chances of total success for DNi's processes was 80 - 95%. I even said 75% afterwards and he corrected me, which shows these are his concentrated thoughts on matter.
Story Two: Investment Vehicle
News is expected from RRR shortly, Oracle will froth when transfering to aim and this froth should cover the period of developing resource information and technology testing at DNi
10 days on we have had the dip to reflect the 3.88p equity inflow and trading release of those 6 million shares on 18th March. From this point on this Nickel price sensitive but I think going forward that will change and this has retraced to 200 day line for last time IMHO.
As always DYOR.
ps: anyone on this board any of three people who interviewed Andrew in corridor at end of event; when before rushing to conference call (highly significant!) he spoke about RRR, Asx listing, Oracle, funding. cash lines and Mumbare time lines?
driver
- 25 Mar 2011 11:06
- 283 of 441
Also from the other side courtesy of ciao4niao
I had a long chat to AB before the meeting started, mostly about RRR and Colombia and was interrupted by one of the organisers needing his temporary attention.
Some of the things that he told me were obviously not for consumption on a public bulletin board and I gave him my guarantee that it would NOT be posted. In short progress is being made in Colombia and they are restructuring the management so that it is tighter and operating as RRR would like it to. Can't say more than that or else I would lose AB's trust and confidence.
I will iterate, that NOTHING that AB told me last night could be construed as being price sensitive information.
With regard to RGM, a few things that stood out for me on the presentation and from what I was told by Edmund Bugnosen, (director and Philipine national who is an Assistant Project Engineer for Mambare).
Firstly the resource is sitting very close to the surface and is easily accessible and covers an area of about 120 sq km. They are pretty confident that the laterite nickel covers most of this area which does have a river flowing through it.
There are no people to be displaced as they are operating in virgin forest so there will be no relocation and compensation costs before start of operations. There area will be restored to its former condition at the end of the mining operation.
There are roads to a port on the East coast which was originally built by the Americans (I think) and an airfield very close by.
Two very significant points from AB's presentation was the fact that he is 80-95% sure of the success of the DNi process. Those who have read the DNi presentation should make a point of reading it now.
The value of the resource could be worth US$100bn (100bn - who cares when the figures are that big?). This guestimated valuation is of course highly dependent on the DNi process being commercially viable. So, at the current number of shares in issue, and assuming a valuation of just a very measely 1bn for the resource, our shares could be worth around 1.65 on Mambare alone, but in say 2-3 year's time.
There is, of course, the cobalt which is very valuable as well in terms of price per ton, if they can successfully extract that from the clay in which the nickel sits.
Whilst this is very OT, the first presentation was rather heavy going delivered by someone who is obviously very passionate about his subject and with a little too much dead seriousness. But the important point I took from the presentation is the estimated gold price if they were to be expressed in the following currencies the US$, Stg, JPY and the CHF, were they all to be backed by gold.
For the JPY, gold would be 40m - yes, that's 40m! - to the ounce, the US$3,900, I can't remember what the rate was but not much better or worse that the US$.
The hidden message for me is to hold physical gold and silver if you can before the shit hits the fan.
"Nuff4niao.
gibby
- 25 Mar 2011 11:39
- 284 of 441
i am buying what more can i say
except
kerrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrchninnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnggggggggggggggggggggggggggggggggggggggggggggggg a roo
bargain
driver
- 26 Mar 2011 14:13
- 286 of 441
Looks like a possible break out on the cards for RGM and RRR next week.
driver
- 28 Mar 2011 17:37
- 288 of 441
Oracle Coalfields PLC
(`Oracle' or the `Company')
Proposed move to AIM
Oracle, (PLUS: ORCP), the UK developer of a 1.4 billion tonne coal resource in the south-eastern desert of Sindh Province, Pakistan, today announces that it has made an announcement prior to admission in accordance with Rule 2 of the AIM Rules for Companies to apply for Oracle's ordinary shares to be admitted to trading on AIM.
It is expected that Admission will become effective following a proposed GBP2 million fundraising and dealings in the share capital will commence on AIM on 12 April 2011.
The Admission Document, which will contain full details about the applicant and the admission of its securities, will be available at www.oraclecoalfields.com.
The Directors of Oracle are responsible for the contents of this announcement.
ENQUIRIES:
Oracle Coalfields PLC
Shahrukh Khan, Chairman
Telephone: +44 (0) 1366500722
Email: s.khan@oraclecoalfields.com
St Helens Capital Partners LLP
Duncan Vasey or Mark Anwyl
Telephone: +44 (0) 20 7368 6959
Blythe Weigh Communications
Tim Blythe, Ana Ribeiro, Matthew Neal
Telephone: +44 (0) 20 7138 3204
Libertas Capital Corporate Finance Limited
Sandy Jamieson, Neil Pidgeon
Telephone: +44 (0) 20 7569 9650
WEBSITE: www.oraclecoalfields.com
driver
- 29 Mar 2011 14:37
- 289 of 441
Oracle Share Holders.
Shahrukh Khan: 29,530,791 16.03% TBC TBC
Starvest Plc: 21,033,333 11.41% TBC TBC
Sunvest Corp Pty: 20,000,000 10.85% TBC TBC
Regency Mines plc:20,750,000 11.26% TBC TBC
Eivion Andrew Charles Neubauer:19,535,330 10.60% TBC TBC
Roland Bruce Rowan 10,000,000 5.43% TBC TBC
06:53
Re: Oracle RNS
http://www.morningstar.co.uk/uk/News/NewsFeedItem.aspx?id=137492640578539
driver
- 11 May 2011 11:15
- 291 of 441
All looking good.
Regency Mines PLC
Project updates; management;issued shares
RNS Number : 3786G
Regency Mines PLC
11 May 2011
http://moneyam.uk-wire.com/cgi-bin/articles/201105111036053786G.html
driver
- 11 May 2011 17:28
- 292 of 441
Regency Mines updates schedule for drill programme at Botue-Mambare nickel-cobalt project
12:06 pm by Sergei Balashov
Other operations currently underway on the site include the completion of the line survey, test pitting, camp construction and hiring of local workers Other operations currently underway on the site include the completion of the line survey, test pitting, camp construction and hiring of local workers
Regency Mines (LON:RGM) today updated investors on the schedule for the upcoming drill programme at the Botue-Mambare nickel-cobalt project in Papua New Guinea, operated by its joint venture (JV) with Direct Nickel (DNi).
The project management staff are currently preparing for the start of drilling, which is expected closer to the end of the month, some four weeks behind the original schedule, which is also when the new ground-penetrating radar (GPR) survey is expected to start. This has to do with the delays in the procuring of visas for the drillers and with the delays dealing with the customs clearance necessary for the drill companys shipping container to be moved to the project area.
The container has already arrived at Port Moresby and is currently waiting to receive the clearance.
Other operations currently underway on the site include the completion of the line survey, test pitting, camp construction and hiring of local workers.
Regency simultaneously announced that it has hired Geotech Airborne Pty to carry out a 1,054 line km helicopter-borne versatile time-domain electromagnetic (VTEM) survey over five areas at Regency's Bundarra copper-gold prospect in Queensland. This programme will take place after 15 August and will take a week.
The company also told investors that the JVs local operating company Canopus No 83 Ltd will change its name to Oro Nickel.
Adviser to Regency Mines associate Red Rock Resources (LON:RRR) Richard Evans has recently taken up a wider role of group chief scientific adviser as will now advise all companies in the Regency Mines group.
driver
- 18 May 2011 09:50
- 293 of 441
From the DNi Web Site have a look if you forgot why you are here.
Vision
Industry leadership:
Our aim is to build Direct Nickel into a major nickel producer, using the DNi Process licences to access and process nickel laterite resources.
Resource revaluation:
DNi is building a nickel inventory by acquiring interests in undervalued laterite resources and is substantially revaluing these resources by applying the DNi Process.
A successful DNi Process will revalue nickel companies by 20-30 times (by market capitalisation). Mine development:
Select optimum deposits, using leverage from the DNi Process and build mines in partnership with resource owners.
Strategy
De-risking the DNi Process:
A successful Demonstration Plant promises to set the foundations for disruptive change in the economics of the nickel sector. With Process demonstration in hand, Direct Nickel has a clear path to become a high efficiency nickel producer with strong margins driven by a capital cost around half of conventional processes, and among the lowest global operating costs.
Strong technical and financial partners:
Teck Resources, Drinkard Metalox, Aker Solutions, OZ Minerals, Australias Commonwealth Scientific and Industrial Research Organisation (CSIRO), Regency Mines and a global IP protection team.
Resource acquisition:
Direct Nickel is positioned to become a nickel explorer and producer and has secured interests in a number of resources through partnership. In time DNi will acquire and develop its own projects.
http://www.directnickel.com/index.htm
driver
- 22 May 2011 10:21
- 294 of 441
Don't know why it had a sell or why it's now a speculative buy looks like a no brainer to me.
Small Cap Weekly Review 036
Friday 20 May 2011
Rating Changes
Regency Mines (RGM) Speculative buy (from sell)
(20 May) We have reviewed our rating on Regency. We calculate the value of its existing stakes in Oracle Coalfields (2.3m), Red Rock Resources (10.5m), Direct Nickel (3.4m-3.7m), Alba Minerals (0.23m), along with other investments and cash due add up to around 17m. We assume the EV (enterprise value) to be around 24m, after adjusting for the $2m Yorkville loan and assumed cash. The Mambare nickel laterite project in PNG (Papua New Guinea) is a large target (previously estimated at 630 mt (million tonnes) at 0.78% Ni (nickel) at 0.5% cut-off and 200 mt at 1.01% Ni at 0.8% cut-off) where drilling is expected to start shortly. The Company has had the project for some time and we would hope they demonstrate progress towards establishing a resource. There should also be some early stage work on the Bundarra copper-gold prospect in Queensland in August. The various investments they have underpin the valuation and we look for operational results in the remainder of 2011 to put back some positive momentum in the share price. We have moved from Sell to Speculative Buy.
http://www.cityequities.com/en/Small-Cap-Weekly-Review/scr-Issue-36.html
driver
- 24 May 2011 18:33
- 295 of 441
rococo
- 31 May 2011 10:35
- 296 of 441
Has been strong for the last few days and again today as there are 2 large buys ( 800K ) on the order book 4.35p
driver
- 01 Jun 2011 11:00
- 297 of 441