Member Info for booboobooboo

The hearing was over a month ago and proof showing they had the ability and capacity to spend some money on it over the next 2 years was critical criteria.

A lot of the local tribal leaders have been making complaints about inactively over the last 7 years and have demanded change.

Can anyone please confirm the rumour that the Mambares licence has been revoked due to inactively and lack of funding?

It sounds crazy to think we wouldn't have the necessary £25k needed to renew our main asset but at the same time we know we haven't,so I am stating to think it could be true.

Imagine how much more in the shit RGM accounts are now 10 months into the "it will be with waiting for folks" Omega deal was signed?

That old millstone must be getting very heavy now.

Aren't we supposed to be waiting for a new strategy ,they are taking their time .

Is there intelligent life on earth? Yes, but I'm only visiting?

LOL

Thanks ,but I thought RRR got paid back the money they lent ages ago or is this a new and different loan that was hidden from shareholders?

ps

have RRR lost any money directly as a result of SM failing?

Thanks Magic

When did this come to light?

and whats all this about diamonds?

Sorry guys ,how do we know Steelmin are in administration ?

I haven't been following events recently

Well Kane Morgan is very lucky to have come away with anything ,he should of course have lost everything by now, its a miracle this hasn't fully collapsed .

Stephen was looking at a £400k loss but the silly sod has only gone and doubled up so he'll finish losing even more money when this eventually folds.

Bell as always shows absolutely no remorse for the situation he has created and all the lies he told to individual investors which mislead them to believe everything was going well when really the wheels were coming off.

They must have meant 1 geologist and 14 million little termites that had some how got inside the geo's metal detector !

Why would it be possible to find cobalt or other minerals on a termite mound if they are formed by nature itself?

It makes one wondered whether the person who came up with this idea has the brain the size of an small ant.

H5O I can see Mambare ending up being part of ABM when this folds, but having said that ,there is a rumour with no money in the kitty RGM is about to get its licence revoked and having not heard any braggarting news on the subject during April and its now May , I am starting to believe it .

"In Papua New Guinea, there was not enough capital to progress operations during the period but an application for the renewal of the EL1390 exploration licenses were submitted to authorities in early March and a Warden's Hearing is scheduled for late April."

“A successful renewal of these licenses will cover the period June 2019 to June 2021, and the joint venture partners have proposed a work plan to focus on ground penetrating radar activities, upgrading the resource to the current 2012 JORC code, and studying opportunities to progress a direct shipping ore operation at the project,” Regency said.

How could anyone of sane mind believe this could possibly go up?

Yorkville own 650M shares ATM ,thats nearly as many share in issue only 2 months ago!


With 100 % confidence there is only one way this is going .....thats down and then out..

H5O

The day you listen to AB is the day you have lost.

So if Atinos auntie Ettie is indeed AB then don't listen to a word he is posting.

Unless of course you like losing ....( like SP)

Stephens for some unknown, non- sensical reason is following the Pied Piper of Paddington but if others make the mistake of following SP they also will be following the PPoP and as we all know thats a very dangerous place to be.

I am going to be honest, I don't it to be remotely sensible to take any notice of Stephen Pearces latest increase in his holding.Most RGM shareholders become losers and Stephen I am afraid has become KING of the losers.

2,233,764 shocking

Its been nearly 2 months since the "coming clean" 11th March RNS declaring losses averaging £250k and month.

"Immediate funding is required to restart the second highwall miner and to reduce key creditor obligations"

Incredibly 2 months on and that 2nd HW-er remains idle.

Loan £1,000,000 @ 12%

MET Coal liabilities $400k-$500k + $565k + March and April accumulated losses .Total $1,500,000

£675k 2nd loan

TTotal debts £3,500,000 minimum

With only 590,000,000 shares left to issue as their only funding option.

You do have to question Stephen Pearce's brain.

Its also worth remembering Stephens previous average by his own admission on here was around 0.5p,

Meaning his average today must be around 0.3p and I think we all know we are all never going to see that price again.

I am so sorry to say this but SP it a total loser here ,totalling close to £500k worth of losses into a company with 5 times more debt and liabilities that are growing than Mkt Cap.

If you listen to the dream seller and you have very deep pockets thats what happens.

Its worth remembering RGM have yet to address any of their mounting debt issues yet ,the last 2 x dilutions causing a doubling of shares in issue were for salary and rental purposes only.

We still have the big one followed by a massive share consolidation to come.

Basically this share is a TIME BOMB !

I wonder how things are going now over at Met Coal ATM as we enter our 9th month ownership anniversary ?