Member Info for booboobooboo

POSTED 10 MONTHS AGO:

Confirmed commercial production

September rev forecast $2,695,440

10 month to June 2019 forecast $30,468,239

RGM Mcap £4m

RGM share 47%

Margin not confirmed yet.

Stephen are we still on track?

Magic can you give us a breakdown again of the total raised inc asset disposals in the last 4 years since the last 20-1 consolidation .

Thanks

Yes Magic, but when you think about it investors have been strung along for years believing DNI were our Mambare JV partners when in reality it was just a regular individual "Vince Sweeney".On top of that you can't even use the DNi process in PNG making the whole thing an absolute nonsense .What sort of idiot would give half of their flagship asset away in exchange for a process you can't even use?

Answer:

Andrew Bell ,this deceitful individual has been lying ,misleading and cheating investors for years.

My point is, different people wake up to the realisation they are being lead a merry dance by a very dangerous story teller at different times,some take longer than others, but all of them get there in the end.

Its worth noting historically 90% of RGM shareholders end up losing 99.7% of their investment , so if you have come away losing less than that you have actually done quite well.

Stephens only 92% down on his £550k investment ATM , so I know it might not look like it ,but by RGM standards he's actually winning!

Yes, but there were quite a few individuals that got burnt out completely last time around that actually came back for more this time around ,Luke being a good example but there were others too.

You have to laugh at Bell though with all his High Waller BS over the last 2 1/2 years when you and I both know there is no HW 1 or 2 and there never was,in fact it wouldn't surprise me if it turned out the whole coal mine story was a BLUFF.

LOL

As always you just can't make this company up..

In fairness to Stephen, he couldn't see the trees for the woods.The closer to Andrew you are the more dangerous he is,he tells the same BS but Stephen just had more money to buy into it.

Thats what we all have in common, we have all at some stage and to varying degrees invested in Andrew and Scotts Billy BS .As a RGM observer for over ten years I have witnessed many a 10%+ shareholder come then leave with their tails between their legs and Stephen will be no exception.

CG, I think its fair now to say this business is dead.

True to form ,they just haven't took shareholders yet.

Not much more than a £1000 worth of shares traded over the last 7 days.

Regency has been made aware by its JV partners that an IMMEDIATE requirement for additional working capital of approximately $400,000-500,000 currently exists, and that additional sums may be required over the next six months in order to complete the full purchase of Omega as well as to replenish depleted working capital. Immediate funding is required to restart the second highwall miner and to reduce key creditor obligations.

Its been 3 months now since the 2 most dangerous individuals you are ever likely to meet confessed to what an absolute disaster their MET Coal investment had become,but theres been absolute no update since.

As we all know the above IMMEDIATE $500k never arrived mainly because RGM are bankrupt and don't have any money ,so i dread to think how big the mess is today,thats assuming the whole thing hasn't already closed down.

The last time Andrew mugged all his shareholders rumour has it he needed to hire a minder and took up kick boxing as a hobby in the evenings ,i know that sounds crazy but thats what i was told at the time.

As always you just can't make this share up!

The fact that he has now partnered up with the former RGM Chairman with ABM tells you everything you need to know about this individual IMO

Colin ,its been a year now since entering into a whopping $1.6M loan agreement @15% plus fees.

A loan we have absolutely no way of ever paying back along with our MET Coal liabilities which must now far exceed $2M .The 2 most dangerous individuals you are ever likely to meet have done it again as we have always predicted.

The dreamseller is of course really a conman who will do it all over again if he got the chance with and no remorse.

https://www.****************************************interviews.com/interview-metal-tiger-interest-kalahari-metals-drilling-operations-approved/412783451

"Finally, I want to reiterate comments we made in the March 2019 quarterly activities report regarding the progress of funding of the T3 Project. As announced, the Company was seeking expressions of interest for the debt component of the Project and we have recently received encouraging proposals from several parties. The Company and its advisers have begun to evaluate these proposals with the intention of targeting finalisation of debt agreements by the end of the third quarter of 2019."

I dont suppose we will be seeing that final announcement until every last penny in the companies bank account gets spent.

More wine anyone?

I think were are all going to be pleasantly surprised this time around.

Morning Zumore, there's a very real possibility the next RNS when it comes ,will be the very last RNS announcement in Regency Mines history .

And to think up until a couple of months ago investors thought and were being led to believe everything was progressing nicely.

When In reality they were being fleeced by a posh wide boy.

I prefer to call him "yep, finances are in pretty good shape Scotty" at least thats what he said to me 2 weeks before a 20 to 1 share consolidation .i wonder how he would describe Regency's finances today?

Regency's situation/position is totally unrecoverable from here with or without Mambare as an asset.

An operations update informing shareholders about our White Car position ,Mambare and of course the giant cash burning millstone Met Coal is long overdue.

Andrew Bell and the overgrown Grasshopper won't be getting away with it this time around ,having Rodgered so many shareholders over the years they will be getting a taste of their own medicine soon , only difference is they will be behind bars when it happens.

I can't wait!

I thought PJ had sold at a huge loss ,all his own fault for not listen to me ,he was warned.

Nothing a RNS can't clear up ,we are after all overdue an update ,its been 10 weeks since RGM owned up to their investment mistakes at MET coal we have heard nothing since.

Its possible Jo all is well and everything has gone through and we are now committed to spending money we don't have and our JV partner Vince Sweeney is blissfully unaware of our exact financial plight .

Oh no, I am forgetting I emailed last month just to make absolutely sure he knew RGM were in a total and utter pickle.

My biggest fear is Mambare is yet another one of Andrew and Scotts investments that has gone wrong.