Member Info for Helpful

https://twitter.com/paul_rx8/status/1209607116199268352?s=19

Deffo.

The way forward on Mambare will be resolved shortly.

Indeed. Watch this space...

Some trades going through: it looks like one person doing it.

Yep they know nothing....... https://www.regency-mines.com/about-us/board-of-directors/
Why not check out Nigel's track record? Sounds like you are getting worried Boob..

GM next...

Momentum building. The peakers can be brought on line quickly: I would expect revenue September/October.

DYOR

None of your verbosity (banging of gums) changes anything. Either RGM owns 50% or it doesn't. The company says it has 50%. Move on.

Either RGM has 50% or it doesn't. It has 50%: the rest is just you banging your gums and attempting to manipulate people.

DYOR

I double checked with Scott earlier and it is 50%.

Boo, making up stuff and pretending it is real won't make it real.

Why not give Scott a call and he can put you straight.

Your constant made up allegations are an attempt at market manipulation.

DYOR

Wait till people find out how much money can be made and how quickly it can be put in place.

It is not possible to lose money on the CLNs.

It is also not possible to lose money on the shares. The breakup value is in excess of the market capitalisation.

Manganese is moving back up; the JMS share price will respond. The two competing mines in SA are getting to the end of their life. JMS should have spare rail capacity freed up in two years. At some point that will be reflected in its share price. The only thing stopping JMS producing more Manganese is the availability of rail capacity. In addition, two companies are looking to exploit iron ore assets near JMS's iron ore assets. If Mineral Resources goes ahead with its assets, it will make sense to jointly exploit Mt Mason and Mt Ida. The rail like that Mineral Resources needs to put in will go past Mt Mason and Mt Ida.

https://www.mineralresources.com.au/

https://www.asx.com.au/asxpdf/20191120/pdf/44brgcfqglwrh4.pdf

JMS quarterly report came out yesterday

https://www.asx.com.au/asxpdf/20191218/pdf/44cp9xvrxy80mn.pdf

This is the current chart for Manganese: as you can see there has been an uptick in prices.

https://www.jupitermines.com/projects/tshipi/manganese-price-information

DYOR

1. Your opinion
3. Not true: liquid investments JMS, RGM, PBR and POW. DRC can be developed by JV and/or project level finance. The amount required for the immediate work programme is de minimis.
4. Another one who never reads anything: both copper and cobalt are on a price upswing. Chentun is buying Kalongwe from Nzuri and there are other deals being done. Kalongwe is a direct analogue for Musonoi.
7. So you agree that we could have forced the repayment
8. By your own admission the JMS dividends more than cover overheads. The sale of RGM, PBR, POW would far more than is required to move DRC along.

Anyway, lets watch this space. I am sure you don't want to do it but if you read the Kenyan Mining Act 2016 you might understand the process that RRR is going through with regard to Migori. Everyone else has to go through the exact same process, Barrick recently did it. The company has confirmed that he has done all that is required of it to meet the conditions for the issue of the two licenses.

DYOR

PS if we forced conversion we would have to bid for the company: which is not something I want to do at this time.

Ah, Mr Cleverclogs who nevers reads anything.

The upside here is not the interest rate or the conversion, it is the warrants. I am happy that we do deals that are good for the company as well as for us. For instance, my clients and I had the CLNs at RGM, we could have stopped the deal going forward. The deal could only be done with our agreement, we could have forced harder terms but what is the point? As long as we do well that is good enough.

FYI the upside here is as follows:

1. Migori gets sorted
2. RRR executes on the JV it has mentioned several times
3. RRR is then cash rich and can pursue DRC quite hard
4. The analog for Musonoi is Kalongwe: which gives Musonoi a value of about $100mil.
5. The other DRC licenses are prospective for copper and cobalt.
6. We need to do a bit of work to prove up the valuation on Musonoi but if we can bring it into production then the valuation is a multiple of $100mil.
7. I was concerned that the upside from DRC wouldn't be fully in the price before April 2020 which is why I wanted the warrants pushed out. I am generally very keen on warrants, they give a riskless upside.
8. On other fronts, RRR will shortly have around £200k worth of RGM shares that can be sold. It also has liquid investments in JMS, PBR and POW. Concentrate on the assets not the personalities.

Anyway, as I said before: I will do very well at RGM and also do very well at RRR. On both it has taken a bit longer than expected but both are now in very good positions.

XX

DYOR

1. I am a CLN holder
2. The rest are my clients
3. I negotiated the deal
4. I could have forced repayment
5. I want to fully capture the upside from Migori and DRC
6. We have six decent copper and cobalt licences in DRC
7. Manganese, copper and cobalt are on an upswing
8. I know far, far more than you about where we are up to.

DYOR

Covering some old ground but giving a good overview of the way forward.

Migori next.

Hey, who would have guessed that the CLN holders would be happy to rollover?

Read it and weep, Tragic.

Ah, Mr one share, making assumptions and then building a story the length of War and Peace off the back of the assumptions.

I expect there will be an AGM update but in any case the AR should be out soon. Why bother with all the assumptions and hysteria when you should have some facts pretty shortly?

https://twitter.com/SmallCaps_asx/status/1206431034444632064?s=19