So explain what are you seeing different from the majors? What Did they not get? JP sold at 80p and left the company at 3p. Then we have Nut hugger crude hyping JP about how he transformed sound oil to where it’s now at 3p. Why? .
RE: Parson Regency Interview - 05th December 201905 Dec 2019 19:21
PNE - carry on wasting your money and fund JP, BM, SD their wages. The more you talk you expose yourself for such a foolish individual you are, along with the nut hugger crude, This company will be finished in a year. Marco doesn’t give a monkeys about us shareholders. The new ceo Mohammed will drive the company into administration not far to go now...keep it up.
RE: Parson Regency Interview - 05th December 201905 Dec 2019 18:59
What about PNE the poor guy topped up in the week. Pontocanna I like your advise and will continue to do that but some people we can’t help even though they falling down a deep hole. It’s being sucked in.
Regency Mines Plc (LON: RGM) the natural resource exploration and development company with interests in battery metals, energy storage and natural gas announces a corporate restructuring, including board changes, a proposed placing, share consolidation and restructuring of the Company's balance sheet. The Company also announces that C4 Energy Limited, a UK incorporated private company, part controlled by the proposed new Chairman, has secured an option to acquire Regency's remaining debt.
The issue of equity and the shares, associated with the debt restructuring, are conditional, inter alia, on the approval by shareholders of resolutions to provide authority to the Directors to issue and allot adequate new ordinary shares on a non-pre-emptive basis at a general meeting to be convened by the Company and on definitive documentation with the noteholders being executed, further details of which are laid out below.
o James Parsons proposed to join Regency as Executive Chairman
o Gross proceeds of £831,000 raised at a price of 0.0275p per share
o Promissory Notes (of approximately £1m) to be retired
o C4 Energy Limited has acquired an option to purchase the Company's residual debt, following a restructuring which reduced total obligations from £1.9m to £0.729m and extended the term to 2021 with no conversion rights
o Corporate rebranding exercise planned
James Parsons, proposed Executive Chairman, commented: "The road to a successful carbon transition requires real progress in the exploration and extraction of battery metals and energy storage technology. I see huge opportunity for Regency given its current asset base, particularly supporting the recent rapid growth of Electric Vehicles, and I am delighted to join as Executive Chairman with a view to building the business through a blend of organic development and acquisition."
Nigel Burton, outgoing Non-Executive Chairman, commented: "These developments are the culmination of a multi-month effort to establish the foundations of growth and value creation for Regency. We welcome James Parsons joining as part of the restructuring process, and we look forward to a renewed focus on project development under his leadership."
You are right, it’s none of my business but you put this on the public board which means open to discuss.. honesty I think your a rookie trader who has no clue why he is investing and continue to on baseless reasons. Useless is an insult to you.
Maldini - Please don't think I know any advance information about the deal, if I did I would not sit on LSE and play with people like crude conducted himself. I have lost of all faith with James and his entourage, like testpack I want him out completely and his whole team.
Testpack/John/Trellis are the guys who are trying to help us make something back from this crook James Parsons. I advise all to support Testpacks call and not agree with the phony deal, we need James Parsons mob completely removed and restart fresh with a genuine CEO/team.