Member Info for booboobooboo

NO.

Was that Magic taking a position here I wonder?

Suggests they are in the clear regarding forward selling lock - in shares , the ultimate proof will be in the pudding in 2 1/2 months time.

How many shares has RGM the right to issue between now and the next AGM?

Shouldn't Yorkvilles holding be closer to 25 million or am I missing something?

Thanks, but why are you telling me that ?

Zumore

He wasn't in a closed period because technically he wasn't a director , but now he a director , he is in a closed period (as are all the other directors and have been since Dec ) .When they come out of this close period they will be participating in 4 x director share dealing , at the same terms.

Have you got s better explanation?

With Scott diluting himself down to almost nothing , we effectively now have 4 new directors with no real or worthwhile holding in the company so i wouldn't be at all surprised once this closed period is over to see them all adding 3% min each which would add a further £350k to the companies bank balance .

Mr Magic ,

You and I have seen this trick before during the first reincarnation , £300k worth of confetti was needed to be paid back every month , but by the time the announcement was made they had already been sold.It pretty obvious to me those supposably locked in shares went to market on day one , in other words they are lockin shares by word only and I calculate Yorkville account to be empty - almost empty .

"The board wasn't permitted by the NOMAD to participate in the fund raise. If you read the RNS you will see that it states that they will participate on the same terms at a later date."

Thank you Helpful why was Parsons permitted to participate his token amount?

Obviously we do need to address this issue so as to go from being effectively debt free to debt free so as to remove the clouds once and for all.

Its silly all bickering with one another we all share total distrust of Bell and some of us moaned about him , warning others while others did something about it and got rid of him.We should now all be celebrating this event .

Of course the longer the plateau in the chart continues the more shares that can be taken off the table, for the least amount of cash,seeing as the mechanics of the share buy back are a 105% average 5 days etc .The share buy back would be halted temporarily if the SP was to rise above that threshold.

We have to date averaged a rise of 0.10p a week since the share buyback started ,I can see no reason why that wouldn't cont . particularly taking Jan IPO's into account .GGP are also doing well ATM.

There is also a risk of PNG introducing an export ban or higher export taxes too.

Can anyone remember Mecedesman from this time last year,what was that all about ? Notice how it was Scott who sent them 3 different times discussing Mambare 2019 -2020 budgets

Has anyone else recieved emails from “Scott Kaintz” between him and AB? I got 3 that look like personal internal memo’s?

No...
1) “Full environmental permit application”

2)”budget comments

3) “variation of exploration licence EL1390”

Each have attachments, from “V-Sweeney at Sydney capital partners”

Im not invested here so have no idea what they are on about or why I got sent them?

I dont know what to make of them, they are talking about the budgets going forward, one is about a 30 hole dril program ammendment, its all gobbldygook to me because i know nothing about RGM and what its currently doing.

Can anyone remember Mecedesman from this time last year,what was that all about ? Notice how it was Scott who sent them 3 different times discussing Mambare 2019 -2020 budgets

Has anyone else recieved emails from “Scott Kaintz” between him and AB? I got 3 that look like personal internal memo’s?

No...
1) “Full environmental permit application”

2)”budget comments

3) “variation of exploration licence EL1390”

Each have attachments, from “V-Sweeney at Sydney capital partners”

Im not invested here so have no idea what they are on about or why I got sent them?

I dont know what to make of them, they are talking about the budgets going forward, one is about a 30 hole dril program ammendment, its all gobbldygook to me because i know nothing about RGM and what its currently doing.

Whats really happening here is a twice in a row failed business has come out with a half baked idea in an area it has no knowledge or experience of and is saying to investors ,if you buy shares are a 50% premium to last weeks placing price we will deliver quickly and fast cash revenues.

If someone in real life who has a proven track record of losing a lot of people money said to you give me £10,000 and I will pay you back your £10,000 and more in a few months times , I would consider myself a fool to hand that person any money.

If something sounds too good to be true ,that will be because it is.

Scott Kaintz, Regency CEO, commented: "The Executive team at Regency are delighted to introduce ion Ventures as a strategic partner to the business. ion has a deep project pipeline of energy storage and distributed energy projects in the UK, has comprehensive experience commercialising assets in the sector, and provides Regency line of sight on first project cash flows."

Scott Kaintz, CEO, commented: "I am delighted to report the first of many shaping moves as our new Executive team look to accelerate first revenue from our core projects."

Scott Kaintz, CEO, commented: " is anticipated that the project can achieve first revenue within a short timeframe, with anticipated revenue streams from electricity trading, Short Term Operating Reserve ("STOR"), Enhanced Frequency Response and Private Wire electricity sales."

The new buzz words " cash flow, first revenue " they are trying to get investors to part with their money above 0.0275p on the back of these empty phases without so much as putting forward a basic business plan showing the mechanism as to how short term cash flow can be achieved.

If IV have experience at delivering quick cash flow "fast" in this field then why on earth would they choose to be JV-ing with no experience RGM?

RGM has a proven track record of being a failure and should not be making these sorts of claims.

Whats not being mentioned ATM is the need for as many of those 7 billion new shares to be off loaded above 0.0275p ASAP enabling the participants to invest their profits all over again into the inevitable January fund raising .

Remember RGM still hold £750k worth of debts with absolutely no money in the bank post a successful January Sydney meeting and average an expenditure cost of £850k pa on admin.

Its going to be a hard one for the the dream sellers to pump IMO.

Zumore don’t let Stephens hypnotising and normalising of events at SOU influence u , remember he’s really a snake that hasn’t eaten for a long time .

Helpful, you are correct, this will easily be resolved between the 2 parties in January proved RGM is serious about paying their share.Whats different about this time around as opposed to last time is , when it was DNi's turn to be served a buy-out notice (whatever that is ) DNi had no means to even pay the £60k they owed RGM . That may be the significant difference legally/contractually and is why RGM have a case , to at the very least maintain some if not all of their holding ,after all RGM leniency last time around is what allowed the metallurgist to become partners in the first place.

Its been crazy that its the metallurgist partners that have been doing and paying for all the exploration work while the exploration partners sits back in London doing and paying for nothing .Thats the wrong way around ,in the same way RGM have happily paid ion Venture in shares for consultancy work on their behave RGM should acknowledge in January they haven't been doing their fair share over the last year.

Stephen Pearce

Its all in the RNS's , work has taken place there during 2019 and its a basic fact RGM have been skint for the whole of 2019 .
2-1 dilution has been known about by investors for nearly 10 years , theres nothing wrong in putting those 3 pieces of information together and speculating as to whether RGM had changed focus .

If RGM remain 100% focused on Mambare and they really mean it when they say its their flagship asset then they have got a funny way of showing it ,activity there could have justified half a dozen RNS's over the last 12 months but investors only got 1 during the whole of 2019 which was weirdly played down and suggests they may have lost interest preferring their focus to go on peaker plants instead.

The only way to prove your committed to something is to get your wallet out in January , RGM isn't big enough to juggle more than one project while activity is taking place in Mambare and it is wrong to expect a load of metallurgists to pay your share of the costs while you go off chasing new dreams .

I don't know how much the metallurgists have spent on Mambare in 2019 or are planning to spend in 2020 but whatever it is ,its going to be a lot more than RGM have been use to spending on external projects/non admin costs over the last few years.

Its very much make your mind up time for them peaky plants or Mambare ?(PP may have to go on the back burner for a while.)

Having both isn't an option unless they wish to inflict even more enormous levels of dilution on their shareholder having only just issued 7 billion new shares.

I am very glad these issues have at last been drawn to RGM shareholders attention .