Member Info for booboobooboo

Imagining punching Andrew (Lloyds Banks 1980's piggy bank face) Bell as hard as you can on his porky nose?

MTR management knowing that this was the path forward could go someway to explaining the KCN approach and now the THR investment and JV offer.It would have been too much burning the candles at both ends otherwise . If we did sell 10% wouldn't that equate to an additional �15M in the bank?

If they have gone a done what they said they were thinking of doing and what a lot here suspect then we are going to be going up like a rocket next week making the present 2.2p SP a total give away.

Buying a car 20x ?

I've had a wry smile on my face reading you lot this aft. You're a wee band of caped crusaders, protecting the great unwashed. By my reckoning, you've 2,3,4 weeks to enjoy yourselves. So crack on chaps. Sounds like Andrew " vital inflection point" Bell has been spinning poor old Stephen a yarn or two. He has got Bells ear but that is a very dangerous place to be . Kabba sometime you can judge someone by what they don't say as opposed to what they do say. 18 months ago our flagship JV partner departed and was replaced by 4 normal individual and still today not a single words has been mentioned or published by the company. Also the DNi process is promoted by the company as the metallurgy method for Mambare even though they know full well it can't be used in PNG from carcinogenic reasons under international law.

i don't see two coal mines that came into coal production do you? Lies through lots of RNSes. Poor old Stephen was duped in the above placing because he was told that his above placing money would be used to speedily bring the second coal mine into production. IT DIDN'T HAPPEN! Poor old Stephen got suckered to part with his money: HE WAS HOODWINKED! And if he looked at the November 2017 annual report he'd have seen that by RGMs year end on 30th June RGM had barely over �9000 left. So his placing money was long gone by that stage and his second coal mine never did come into coal production Yes I am afraid nice guy Stephen feel for it hook line and sinker but we must make the most of it while we can cos Stephen seems to think we only have 2,3 weeks 4 at the most for us to do so.

"I think what we have learnt here is if we are to make a go of it with this type of coal we are eventually going to have to get our hands on a highwaller with a team to operate it and $3m won't touch the sides" lol, just LOL I'm sooooo gonna screenshot that Please do and then you can read it everyday of your life to remind yourself to not believe everything you get told .

"I'm sure Stephen is desperately hoping that AB can quickly give out the name of a new coal asset so he can quickly do a mega billion in-situ value on it .. and then of course the ratpack can get that mega ramp started. :P" But what would the point of buying even more coal assets be if they haven't made a go of the ones they already have? I think what we have learnt here is if we are to make a go of it with this type of coal we are eventually going to have to get our hands on a highwaller with a team to operate it and $3m won't touch the sides

I would be very interested to know what Stephen P thinks of all this seeing as he is the one most likely to be footing a sizeable part of the expenses. Stephen are you there?

Further to the announcement of 6 December 2017, Regency and LH have carried out due diligence in relation to the Company's option to acquire the 80% of the Rosa metallurgical coal mine and treatment plant not already owned by Regency. The sixty days time frame for due diligence announced on 24 November 2017 has passed. Now that the JV with LH is established, Regency is reviewing its information on Rosa and speaking to stakeholders, but as suggested in the announcement of 24 November 2017, the eventual terms of a transaction acceptable to Regency would require negotiation and are likely to be different from those then set out. What sort of success has Legacy Hill had in coal mining?

96k new shares might create �500k today but I can honestly see this tanking to 0.3p or below as more and more remaining investors wake up to the realisation they have been led a merry dance by a couple of charlatans that couldn't punch their way out of a paper bag even if their lives depended on it . Basically they are a couple of useless C$%ts.

Zumore ,you are forgetting that �200k in White Car isn't a waste of money at all cos Scott "Yesman "Kaintz has a seat on the board so thats a nice 2nd income for him. Where would we be without greed?

What are we JVing ? New projects we haven't bought yet? if so what happens to the millions we have already spent out on buying other coal projects?

I think we might be �1.5M short of our obligations and then we still have Mambare to think about and there seems to be no mention of the $250k buy out either . As always you just can't make it up .

Agreed ,we know he is going to make a total mess of it and bring the SP down to even further lows ,the question is how?

A perfect example of what a complete total and utter mess Andrew and Scott have made of this company is no one has any idea who our Flagship JV partners are. Why haven't we been told,do they even know themselves,why the mystery? All very puzzling as always.........

What keeps puzzling me is when (whatever it ends up being ) the Mambare plan is eventually announced how on earth are we going to fund it .Our 2 main capital assets have a lock in period attached past the Mambare dry season window of opportunity and besides the money we are talking about won't even touch the sides, If it made sense to the finance director to get a �1M loan this time last year when the SP was 1.15p it must now make 150% more sense to him now we are sitting on 12month new lows of 0.45p. RNS April 2017 The purpose of the Placing is to enable the Company to develop its U.S. operations and to retire the entirety of its $381,625.21 existing debt. Andrew Bell, Chairman of Regency Mines, comments: "This facility diversifies our funding, achieves a better currency match between our liabilities and our revenue streams, and retires existing debt. If the share price remains strong as we anticipate then the effect is likely to be similar to that of an equity funding, without warrants, at 1.15 pence per share. In analysing this facility the Board considers the value creation potential of the Company's rapidly expanding coal assets in the United States to significantly outweigh the cost of capital paid to investors, and notes that the Lender will have a direct interest in the Company's share price performance over the next year. We look forward to these funds directly impacting the Company's bottom line and future share price performance." All this and thats without even mentioning the fact that our JV partners are just 4 normal ,shallow pocketed individuals who's connection to DNI process means absolutely nothing seeing as the DNi technology can't even be used in PNG under international law. Why haven't we JV-ed our flagship asset with a large mining partner with knowledge and resources to call upon ? Our weak handed poor management decision 18 months ago to JV with 4 regular guys has now resulted in there being no progress The idea of diluting our JV partners makes no sense either and will only result in us footing all the bill to get back what was ours to take for FREE .

Is it just me or does anyone else have the feeling we could see another loan get introduced here?

All a bit weird seeing as they now have cash.Oh well thats RRR for you as always you just can't make it up. Seems everyone was wrong , Steelmin did pay us back in full and almost on time but it didn't result in a SP rise.

22 February 2018 Red Rock Resources Plc, the natural resource investment and development company, announces that on 20 February 2018, the Board of Directors approved the issuance of 4,615,384 new ordinary shares of 0.01p each ("Ordinary Shares") in the Company at a price of 0.65p per Ordinary Share for the total cost of �30,000 pursuant to an agreement with a service provider. The new Ordinary Shares have a sale restriction for a period of 6 months.