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 ????

Dear Shareholders and Colleagues,



You may have seen that I sold a few Regency shares this week.



Those of you who have been shareholders for a while will know that each time I exercise options, I also shortly after tend to sell a few to meet the immediate tax bill. In recent years, the tax regime on options has become quite unfavourable, and we have to pay income tax and NI on the difference between the exercise price and the market price, and do it promptly.



We do try to explain, and then the next time it happens, there are again some shareholders who worry that we are showing a lack of confidence in the company and sending a bad signal to the market.



So, for the avoidance of doubt, let me clarify that if and when I am in a position to sell options in the future, it is highly probable that I will again be obliged to sell some to meet tax obligations. You should therefore expect it, but each time I expect that the sale will be much less than the preceding purchase. I will not enjoy doing it, and this will say nothing about my view on the stock price.



The options we exercised in May expired at the end of May, so had to be exercised or lost. I am selling less than half of those recently acquired, so that my direct shareholding at the end of June is higher, not lower, than at the beginning of May. This has also been the case with past sales following exercise of options: each time the holding of shares at the end of the exercise is higher than it was before.



There is never a right time for directors to sell, and I do assure you of our complete commitment to and confidence in the company.



I am asked by a shareholder to point out that ABN Newswire recently had a video interview with Direct Nickel on its CEO Interview series. It is certainly interesting, but in that it might be deemed promotional by DNi (who as we understand it wish to raise money for a backdoor listing in Australia), we and our Nomad decided it would be inappropriate to link to it in an announcement. We have no responsibility for anything that DNi may say in it. However, with that necessary health warning from us, some of you may find it illuminating as to what DNi actually does, and as an introduction to the founders of DNi.



Andrew

Up 11% today after RRR had a sp hike of 20%.

DIRECT NICKEL SOLVES NICKEL LATERITE PUZZLE july-2011

http://www.directnickel.com/pdf/asia-miner-july-2011.pdf

Shahrukh Khan, Chairman & CEO of Oracle Coalfields, talks to Proactive Investors

http://www.youtube.com/watch?v=R3oPjys2d-w&feature=relmfu

Held up well in a sea of red News coming.

Had a top up today shouldnt see these lows for much longer.

ISLAMABAD, Pakistan, Aug. 3 (UPI) -- Pakistan's first 50-megawatt gasified Thar coal reserves project is nearly complete.

Science and Technology Planning Commission member Samar Mubarakmand said that the Thar Coal Project would become operational in December 2013.

This is good news for Pakistan's government, which remains largely dependent on energy imports, The News Online reported Wednesday.

During an interview with the state-run PTV television channel, Mubarakmand stated that electricity generated from the Thar gasified coal plant would have a minimal cost and that Pakistan has sufficient coal reservoirs to provide electricity for the nation for five centuries, The News Online said.

Mubarakmand's optimism was countered by Sindh Chief Minister Syed Qaim Ali Shah, who has held Mubarakmand responsible for the pace of work on the delayed Thar coal project.

"Frankly speaking, Dr. Mubarakmand's work is slow," Shah said during a news conference Wednesday in Hyderabad.

The Sindh government has divided the Thar project into eight coal-mining blocks, with Block-V was given to Mubarakmand, a former nuclear scientist, for the underground coal gasification facility.

Mubarakmand stated that work on the Thar project was progressing and the first 50-megawatt gasified project was almost completed. The project had been approved by the Executive Committee of National Economic Council in 2010.

Two years ago the Central Development Working Party approved Mubarakmand's two projects: "the creation of new processing facilities (for production of coal gas by underground coal gasification)" and "the creation of new processing facilities (for handling and purification of the natural gas)."

At the time Mubarakmand expressed optimism that the project's success could encourage foreign investment by premier foreign companies involved with the development of gasification of coal reserves, telling journalists that several foreign companies had shown interest in the project.

Since then however the Thar project has largely only attracted the interest of foreign consultants, with the sole investment interest being with the exception of Pakistan's Engro Corp., which has obtained an exploration bloc.

In addition, British consultant Oracle Coalfields is preparing a feasibility report and Cougar Energy are interested, while Canadian company SNC Lavalin Environment Inc. is analyzing the costs of the Thar's project required transmission lines.

A recent report by energy analytical company Wood Mackenzie on Southeast Asia's future energy sources reported that coal will be its top priority up to 2020 or even beyond, given its regional availability, despite popular perceptions that natural gas will be the region's top fuel.

21% up not bad on a down day.

Another piece of the puzzle RGM now at an all time bargain price.

Direct Nickel Pty Ltd

Wintech Group Ltd (ASX:WTG), a company admitted to the official list of the Australian Stock Exchange whose Ordinary Shares are currently suspended from trading, has issued a Notice of Meeting for a general meeting to be held on 2 September 2011, at which proposals for the acquisition of at least 80% of DNi and a change of name to Direct Nickel Ltd will be proposed. Upon passage of the resolutions, Regency expects that it would in due course be offered shares equivalent to approximately 7% of the issued capital of Wintech Group Ltd. and that WTG would apply for re-quotation of its shares on the ASX.

The latest DNi presentation.

Direct Nickel (DNi) CEO Russell Debney Presents DNi

http://www.youtube.com/watch?v=jOcoAYNgZJo

DNi
Notice Of Meeting Of Shareholders and Explanatory Statement

http://www.asx.com.au/asxpdf/20110804/pdf/4206fmhghwmwj9.pdf

5 Sept

Oracle Coalfields positive after successful AIM listing
StockMarketWire.com
Oracle Coalfields, has announced its half year results for the six months to 30th June 2011.

Highlights included listing on the London Stock Exchange's Alternative Investment Market (AIM) on the 20th April 2011 and a successful fundraising of 3 million through a placing of 30 million ordinary shares

Commenting on the results, Shahrukh Khan, Chief Executive Officer of Oracle, said: "We were delighted to have listed on AIM on the 20th April 2011. We were oversubscribed and have sufficient funds to meet the working capital requirements and completion of the feasibility study, although further funding will be required to develop Block VI of the Thar Coal mine.

"We are currently finalising the Definitive Feasibility Study as well as applying for our Mining Lease, and look forward to keeping shareholders informed of our progress as we develop the project."



At 8:53am: (LON:ORCP) share price was +0.13p at 7.75p


http://moneyam.uk-wire.com/cgi-bin/articles/201109050700115849N.html

No quick mining changes, says PNG leader

Liam Fox, Port Moresby

Last Updated: Mon, 12 Sep 2011 14:03:00 +1000

Papua New Guinea's prime minister has sought to assure foreign investors there will be no dramatic changes to the country's mining legislation.

There was alarm in mining circles in August after Mining Minister Byron Chan said resource ownership would be switched from the state to traditional landowners.

But Prime Minister Peter O'Neill has said there will be no legislative changes in the foreseeable future.

He said there will be changes, but only after comprehensive consultation with the mining industry and other stakeholders.

Mr O'Neill did not foreshadow what those changes could be.

He said he has warned his ministers to stop giving misleading signals to foreign investors.

The mining industry provides 80 per cent of PNG's foreign export earnings.

http://australianetworknews.com/stories/201109/3315804.htm?desktop

New Web Site

Oracle Coalfields PLC

http://www.oraclecoalfields.com/

RNS out all looks good to me time to pick some up on the cheap.


Regency Mines PLC
Update
RNS Number : 4944P
Regency Mines PLC
04 October 2011

http://moneyam.uk-wire.com/cgi-bin/articles/201110040844464944P.html

A GAME-CHANGING technology now in development could make nickel laterites a much more economically viable option.

http://www.miningnews.net/storyview.asp?storyid=2490136

Regency enjoys exploration success

Regency Mines PLC
Mambare drilling program - replacement
RNS Number : 1660R
Regency Mines PLC
31 October 2011

http://moneyam.uk-wire.com/cgi-bin/articles/201110311255421660R.html

Monday, 07 November 2011 10:11
Regency Mines: Interview with Andrew Bell

Regency Mines: Taking a closer look at Mambare and Direct Nickel with Andrew Bell


http://www.miningmaven.com/k2/companies/regency-mines/regency-mines-interview-with-andrew-bell/

good stuff driver - havent forgotten about this gem to be