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 Colleagues Note from Regency just appeared relating to the DNi publications:

"Dear Colleagues,

We sent you out a few minutes ago a Newsletter and Presentation from DNi, our partners in the Mambare project.

DNi is a private company, and may have more latitude in the areas of information sharing. We are a public one and must be careful with circulating anything produced by third parties that might be taken as reflective of our views.

The Presentation is an excellent one, and the Newsletter is informative. However, we should inject a word of caution. Anyone attempting to draw conclusions about our next steps or about spending plans from this material should not do so. In particular, the reference to drilling hundreds of infill holes on the last page of the newsletter should not be taken as indicating that this is an imminent plan.

We have as a joint venture mapped out a tight and cost-effective programme of ‘next objectives’ and key near-term milestones at Mambare. We are proud of what we have achieved, and want to plan the next steps carefully; we expect to have an announcement on this in due course.

Andrew"

http://dl.dropbox.com/u/61849689/DNi_Mambare_email%204%20pager%20May%202012.pdf


http://dl.dropbox.com/u/61849689/DNi_Presentation%20May%202012%20V25%20Final.pdf

Massive increase in JORC SP?

INCREASED JORC Compliant Mineral Resource Estimate for the Mambare Nickel Laterite Project

http://www.moneyam.com/action/news/showArticle?id=4387276

Mambare Project Manager, Ian Warden, commented:

"These latest results are exciting. Not only do they build the Mambare Nickel Project towards its potential to be a nickel laterite of world-class scale, the higher-grade zones identified have very positive implications for the economics of a future Mambare operation.

Superb RNS, surely well above expectations (again). So why the **** are we down lol (or more accurately why the **** are people selling for 1.75p!)

martinl2

**** knows

Replacement - Increased MRE for Mambare

http://www.moneyam.com/action/news/showArticle?id=4387567

Edison gave a value of I think 2.3p/share to the previously announced Mambare resource - and this was based on values of other companies with Nickel resources in current market conditions not pie-in-the-sky values. And I think their last report stated they would update after this upgrade. Should be nearer 4p now by the same yardstick and that's just for the Nickel resource.

martinl2

They also gave their best case at 74p I’m here to we get there.

http://library.rrrplc.com/RGM_web/RGM_Broker_Research/RGM_Broker_Research_2011/RGM_EdisonInvestmentResearch_24.05.2011.pdf

I'd be happy with 7.4p for the time being!

Me to.

And your point is?

7.88 when I bought them in November 2010 seems a life time ago and will probably be a life time before it gets to that again. Hopefully not.

3m

You must average down at this low price we won’t see this for much longer.

Love to but just lost £1000 on ATG - no spare cash yet again, would like to average down on a lot but can't. Cheers though. Hope something else comes good pretty dam quick and gl luck to you.

New note from Edison following the resource upgrade

http://www.edisoninvestmentresearch.co.uk/researchreports/Regency140612flash.pdf

"Given that today’s resource alone more than supports the current share price, the market appears to ascribe no value to the significant (174p/share) potential resource upside. Nor does it ascribe value to the company’s other assets. Our forecasts for Regency remain under review."

martinl2

Cheers a nice update from Edison.

Mambare resource increase
http://www.edisoninvestmentresearch.co.uk/researchreports/Regency140612flash.pdf

New DNi website.

http://www.directnickel.com/

calm down.,. just thought a chart would help as there isn't one in the header.,.

E-mail sent out by Regency Mines...

Dear Shareholders and Colleagues,

We have just released a new JORC-compliant Resource estimate for our Mambare nickel-cobalt project in Papua New Guinea. This can be viewed on our website by clicking here.

From only a small part of the license area, we have declared an Inferred Resource of 162.5m tons, at an average grade of 0.94% Nickel and 0.09% Cobalt.

This is a very substantial Resource, equivalent to 1.53m tons of contained nickel, which makes this already one of the larger projects worldwide. It may be noted that other laterite projects are often geologically or geographically constrained, so that the declared Resource cannot be much increased; this one has very great expansion potential. The possibility exists that if it came into operation would be producing for many decades, a characteristic that may make this project attractive to, for example, Chinese partners.

The nickel price currently is $17,082 per ton, and the cobalt price is $29,100 per ton (source: London Metal Exchange).

We have seen two updates on the company so far, one from VSA Capital and one from Edison Investment Research. If you have access to either of these services, which are primarily designed for institutions and professional and qualified investors, you may wish to read their notes, which are positive in tone.

GECR has also prepared a report, which will go to their large retail investor readership, and we enclose a copy of this and of the Edison report.

Now that we have a story to tell, we must become much more proactive in telling it, and any suggestions from you as to how we might better get our message across will be welcome.

The achievement of this considerable milestone opens a number of options, and we shall make a public announcement about how we will pursue them. It is good to have the drilling phase leading up to the declaration of a JORC Resource, which was a substantial financial commitment for us, now completed.

A period of appraisal and study now begins, as our partners Direct Nickel Ltd continue progress to the commencement of testwork at their pilot plant in Perth.

They have recently issued an update to their shareholders, that will no doubt soon appear on their website.


Kind regards,

Andrew Bell