Member Info for booboobooboo

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=RRR&ArticleCode=l3k7ay19&ArticleHeadline=Acquisition_of_Interest_in_Steelmin_Limited Red Rock Borrowings o Red Rock to borrow $4,230,750 from a group of Investors ("Investors") in the form of a 12 month secured promissory note o Note carries a 13% interest rate with a three month repayment holiday and 75% of the loan to be amortized over 8 months leaving a 25% bullet at 12 months o 7.5% arrangement fee; 4% to be withheld at close and 3.5% at the earlier of an exit from the JMS investment or 31 December 2017 o Loan offers an additional term of 8 months available for a 5% refinancing fee and amortized monthly o In the event of a JMS liquidity event, then depending on quantum Red Rock will repay between 30% and 50% of the outstanding principal or interest of the Loan; any other prepayments are subject to a 5% penalty o In the event of a default in repayment of any principal or interest by the Company lasting more than four days, the Investors may convert the amount in default into new ordinary shares in the Company ("Shares") at 93% of the volume-weighted average price at which the Shares have traded in the three days prior to their allotment, subject to a maximum value of five times the average daily traded value over that period o Investors to receive charge over the Company's shares in JMS, excluding any shares that might be required to participate in JMS buybacks o Investor to receive a potential earn out payment based on the value of the Company's JMS investment at the time of a trade sale or IPO of the Tshipi Manganese mine, the amount payable varying between $0 and $410k, with $100k payable if no such liquidity event occurs by 31 December 2017

How do you know a payment isnt coming? The real question is did Steelmin say they have agreed to new finance or was it Andrew "where is the highwaller " Bell?

"a lot of progress on Steelmin docs over weekend I hear. So touch wood...." He really shouldn't be making tweets with content like that because it suggests without saying it payment is coming when it isn't.

What impresses you about the Red Rock chairman Mr Bell? He resembles a piggy bank? https://www.cbronline.com/verticals/finance/bank-fines-fall-lowest-level-since-financial-crisis/

Can someone please remind me when RRR next interest payment is due ? Thanks Boo

Whats up ,are you stuck on a maths question?

I hope you have completed all your homework .

I think the best Walter Mitty moment was all about Maniolis wedding ! Wonder if Graphite knows about that one ? Can someone kindly post a reminder,thanks .

I think the best Walter Mitty moment was all about Maniolis wedding ! Wonder if Graphite knows about that one ? Can someone kindly post a reminder,thanks .

23 May 2017 CONT. The Board of Regency Mines announces that the Company has been informed that Paul Johnson and Michelle Johnson as of 22 May 2017 together hold 28,789,246 ordinary shares in the Company, representing a total percentage holding of 4.99%. GL never got mentioned ever again by either party, either through Twitter or a RNS as if it had never happened but as you can see that didn't stop PJ/MJ dumping their shares at twice the price they got them for only a couple of months before while the rest of RGM unsuspecting investors were still waiting for the illusive HIGHWALLER or GL sell believing there had actually been some DD carried out on GL. REGENCY MINES PLC ("Regency" or the "Company") Exercise of Warrants Total Voting Rights 16 March 2017 Regency Mines plc announces that it has received notice of the exercise of 576,923 warrants into 576,923 new ordinary shares of 0.01 pence each ("Shares") in the Company at an exercise price of 1.3p per share, for gross proceeds of �7,500. I can't produce any evidence ,but I would happily eat my hat if it wasn't Paul Johnson who exercised some of his 1.3p warrants (i think he may have been the only investor with warrants at that price ).when the SP at the time was at 1p to give the SP a confidence boost in the middle of the fabricated HIGHWALLER period aiding the investment duo to off load half their shareholding and net huge profits for themselves. All in my personal opinion.

22 February 2017 Regency Mines plc announces that it has granted a four month option to Value Generation Limited,a private company (the "Option" and the "Optionor"/"VGL") to acquire the Company's 100% interest in license 2014/01 covering the Motzfeldt intrusive complex in southern Greenland ("Motzfeldt").As a condition of the Option, VGL has also subscribed �75,000 for new shares in Regency ("Subscription"). Subscription As consideration for the Option, VGL has agreed to purchase 11,538,461 new ordinary shares of 0.01 pence each ("Shares") in the Company at a price of 0.65p per share for a gross consideration of �75,000, with 1 for 1 warrants exercisable at a price of 1.3p for eighteen months ("August 2018 Warrants" and "Subscription"). The purpose of the Subscription is to provide working capital for the development of the Company's coal interests and other working capital purposes. The Subscription is conditional on admission of the Shares to trading on AIM ("Admission"). Application has been made to the London Stock Exchange for Admission of the Shares, which will rank pari passu with the Company's existing issued Ordinary Shares. Dealings are expected to commence at 8.00 a.m. on or around 28 February 2017. The Optionor will utilise the Option period to carry out due diligence on Motzfeldt. The Optionor has the right at any time within the four month Option period to exercise the Option and acquire 100% of Motzfeldt for an exercise consideration of �350,000 payable in cash. In the event the Option is exercised Regency will also be granted a 1.25% Gross Revenue Royalty over any future production from the Motzfeldt license. In the event the Option is exercised and Motzfeldt is sold on within the next eighteen months, then if the sale consideration exceeds �5m Regency will be paid an additional consideration of �500,000 and if the sale consideration exceeds �10,000,000 Regency will be paid an additional consideration of �1,000,000. VGL reported unaudited shareholders' funds its unaudited abbreviated balance sheet as at 31 March 2016 of �29,925. Its director and controlling shareholder is Paul Johnson. It was announced on 25 November 2016 that Paul Johnson and Michelle Johnson held 10.06 per cent. of the Company's issued share capital and on 11 January 2017 that their holding had reduced to 8.9 per cent. Accordingly, Paul Johnson and VGL are Related Parties under the Aim Rules and the therefore the Subscription and the Option ("Transaction") fall within the requirements of Aim Rule 13. 11 April 2017 The Board of Regency Mines announces that the Company was informed today that Paul Johnson and Michelle Johnson as of 11 April 2017 together hold 41,776,469 ordinary shares in the Company, representing a total percentage holding of 7.99%. 23 May 2017 The Boar

Colin GT, you continually miss my gripe with the company. I acted on two bits of information regarding Greenland contained in RNS's which turned out to be incorrect. This cost me money. I am not a first time investor and I base my investment strategy on research and official information from companies. Colin I am guessing one of those 2 incorrect informations was GL. I can't produce any evidence but knowing the 2 most dangerous men you are ever likely to meet in the whole world as i do, I strongly suspect the Russian GL purchaser from a few years back was a totally made up fabrication ,a Walter Mitty moment to help keep the SP from sinking while they continued confetti-ing into the market,which is all they are good for.

Yes he is away but that doesnt stop him from may be knocking a "blockbuster"one up for us in him hotel room later.

Thats a very well made point Zumore,RGM can't get hold of /release equity on their assets until May time making it almost impossible to plan a PNG Mambare program by then, given that the dry season window will have well and truely started , As you have correctly pointed out RGM are a 2 man team with no mining expertise behind them to contribute towards being a meaningful JV partner on the coal front(although you could argue on any front). In fact the only thing they are good at it would appear is stringing investors along (dream selling) some of which should know better.

Thanks Blairbank .just now. Here I am in Johannesburg with luggage from a conference(why would you have luggage from a conference?as always he doesnt make any sense), trying to get a visa for one country(mysteriously as always not revealing which country), my presence demanded by Minister of another(you are getting a visa to visit a mystery country to visit a minister from a different country to the one you are visiting???), opera tickets for London, and my passport off at an Embassy! So I am swearing off twitter for 48 hrs(no nonsensical nonsense), or I would overuse it...(??????) What a load of total hot air from the chief ballooner .

Morning Zumore,puzzling why PJ/MJ would want to now holds 10% here. Do you remember isn't there a 6 month restriction on RGM selling their CZN post floatation ? i.e. they cant get their hands on the money until May. As Stephen pointed out RGM only have 50M shares left that can issue in 2018.

Good morning Zumore ,Stephen 24 November 2017 The Board of Regency Mines announces that the Company was informed that Paul Johnson and Michelle Johnson as of 24 November 2017 together hold 47,146,254 ordinary shares in the Company, representing a total percentage holding of 8.18%. Looking at the volume and the price at that time PJ/MJ average falls in-between 0.75p- 0.80p so I can easily see how they could be B&B-ing it to show a loss and off setting profits made elsewhere. I can't keep up with this,can anyone remember how much money in the bank RGM now have post debt etc. Thanks

�Now that activity at Mambare has suddenly opened up, people have started to come to us to discuss things(That could mean anything...... like someone came up and spoke to me in a pub.). We are getting presented with many new ideas and are continuing to monitor that. After being on the back foot we are now on the front foot (the old back foot front foot routine I have heard that a few times here). The battery metal market is moving so rapidly that it is impossible for us to say what the next few months will bring (isn't that the case for everyone and everything?), but we have a good springboard (yes well done for remembering the words "SPRINGBOARD",very important)now and it is up to us to proceed carefully. Things are undoubtedly moving in the right direction and there are plenty of ways we could spend money if we chose to. We just have to do the most effective thing in order to get the share price up,� he said. WHAT A TOTAL LOAD OF HOTAIR ..

Thanks Stephen for your view and clarity you are an important member of this board.

ADVFN are showing a further 3 million sells .45p and it is only 10.30am atm ,lets see what the rest of the day brings. With no prospects I can easily see us at 0.3p very soon.