Member Info for booboobooboo

The prize is KML cos the difference is this time any T3 type discovery will have MTR holding the lions stake.

https://smallcaps.com.au/pure-minerals-proceed-queensland-pacific-metals-acquisition/

QPM (with a lot of government financial support and backing ) doing what Bell and Scott should have done years ago,trouble is their combined brain strength meant they didn't understand the DNI process could never be used in PNG so the thought of shipping the ore to mainland Australia had never crossed their minds so the opportunity has now left us.

Tricky its take a week just to get to base camp that how remote it is .

"Regency's Australian partner in the joint venture ("JV") has moved its interest by agreement into a new Australian private company, Battery Metals Pty Ltd."

I suspect this choice of name was no coincidence,my hunch is that is in preparation for ABM to move in post RGM's termination .

Hard to believe only 2 and a bit months ago Andrew said this:

Andrew Bell, Regency Chairman, comments: "The key move of a high wall miner at the end of 2018 to a new location should provide three years of coal production and now enables increased output and operating efficiencies. Once the second mining machine is moved to its new location we expect to see overall operations reaching a new level of turnover and profitability. Many other initiatives are under way to tune up performance and increase production, and we look to the future with confidence.

At Mambare, the hiatus that followed the failure of our former joint venture partner is now over and a new and committed partner has come forward out of the old structure, just in time for us to meet the challenges of recovering nickel and cobalt demand. The outlook for the Mambare joint venture is transformed by this and we and our partners are stepping up activity with some significant initiatives that we hope will lead to the grant of a mining lease and may lead to DSO production.

At ESTEQ, AES and vanadium explorer DVY we are increasing our battery metal footprint and developing what may this year become a significant and cash flow-generative business at AES.

At Curzon, we await developments.

Overall, great progress is being made and we thank shareholders for their support."

LOL

Energy Storage Technologies Ltd ("ESTEQ") (100% owned)The Company's battery metal technology subsidiary ESTEQ continues to hold a stake in Tesla hire operator White Car Ltd and an 80% interest in Allied Energy Services Ltd ("AES").AES has changed its business model in the last year from one mainly focussed on local energy generation with grid backup and energy storage facilities, to one that focusses on private grid networks and combined heat and power provision, in combination with grid management services.AES has signed a pre-lease agreement subject to financing and has confirmation of permitted user for the first 49.5MW planned facility in Knowsley. A second fully permitted site 9MW site is in advanced negotiation.. Further sites of 49.5MW and 4.5MW are also under negotiation. What the Funk does RGM know about heat and power provision let alone local energy generation and its not like we have a small stake we are holding 80%!We can't carry on letting these pair of total fuckwits invest hard earned shareholders money into their own personal fairy dreams ,they haven't got a slightest clue about anything to do with business let alone the resource sector,even the sound of their voices makes me fell sick.Lets be honest is anyone really surprised WC has gone Titsup ?I wouldn't expect CH to be informed and for them to update their website 2 days into liquidation .As always you just can make this share up.

The asset is going through a renewal process ATM but its conditional on exploration money being spent on Mambare during the term.

Not sure whether Vince Sweeney our individual JV partner is fully aware of RGM plight and that theres a real risk he could become the next Dreamsellers victim .

We are of course really completely bankrupt .The only reason it doesnt appear that way is our lender needs all its money back before pulling the shutters down completely.

I am going to speculate WC and Curzon will be handed over to YA when the next RNS is released ,just like in a game of Monopoly you have to mortgage everything just to stay in the game ,but of course Mayfair will always get you in the end .

This is now just an equity-provider promote run by YA lackey Kaintz with Brian Kinane
as consultant to help Scott when he doesn't know what to do (Brian: "Issue more stock
to us Scott, we'll pay for it once we sell it". Scott: "OK Brian thanks for the help")

0.26% cobalt, 0.66% nickel ,i very much doubt those grades will ever find its way inside any battery anytime soon .

"The team have identified what appears to be a cost effective exploration methodology to test mineralisation "

Well its going to need to be with only £150k cash left.

Zumore i don't think theres going to be an warrants as a sweetner on this occasion ,when you think about it they are going to increase the amount of shares in issue by 200% but its hard to see how adding 2 billion shares to the equation (minus 30% toward debts) thats going to be enough to free up the 2nd critical (presently idle ) HW 300 .

So 200% dilution isn't going to be enough to even touch the sides ,thats why I predict a blood bath.

Stephen is there something you would like to tell us?

Joes right the most likely ending here is we become another YA shell.

We have all but lost Mambare now ,we were already on our final warning for not spend anything on it for more than 5 years so its not very likely to get renewed again.Unlike RGM shareholders the PNGO don't need to take all their BS .

Exactly, everyday that pasts the greater our debt mountain grows and MET loses ,I estimate we are losing $10,000 a day.

Its impossible to win from here thats why I am also surprised shareholders aren't running for the exit door and just taking whatever they can get.

clear

Nice one Joe , not quite sure what you are going on about ,but than I never am.

I still can't believe this hasn't gone below 0.03p.

Probably have to give it a couple of days.

Where is all the money? Where is it gone? Any liabilities? Another fundraising?

I think we all know exactly where all that money has really gone.

Gravy train coming through !

Its a big day for RGM today ,its either going to finish with 3 billion shares in issue or the closing of the book.

Not everyone votes ,so YA 20% and AB's 5% should prob be enough, plus of course there always the possibility of PJ support.

As stated before 2 billion new shares is only going to raise £1m at best RGM are going to need at least a further 5 Billion shares on top of todays proposed 2 Billion just to remain a going concern in the near term.

Hilarious !