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Well Done Zumore, this could be the first step of your rehabilitation back into the normal world :) Hopefully, you'll be taking yr alter ego (Booby) with you ! There are 1000s of other shares out there, maybe you should check a few out during your break here and who knows, you might just find one or two that you actually like. I know how difficult it will be for you to stay away from here and it's important that you find another outlet to express your more than ample 'negative side' but I hope you manage to pull through this difficult period of abstinence and I hope your not too disappointed when you return ,if we've already had the profit figures and heaven forbid, the shareprice is higher :(. You and Booby enjoy the well deservered break, you've worked tirelessly here for endless hours & had a number of sleepless nights - so I hope you both return as rehabilitated,balanced individuals:)
Lol...That made me laugh, excellent humour Potatoehead :)
Andrewslovechild; Instead bickering, let the share price do the talking over the next 3/4 weeks and we will see who's right and who's wrong !
What happened to Sandy & Cruise ? Massive Amc Bulls,... the illustrious list goes on and the gravy train continues rolling along at 3p.
OMG Zumore, is it really that time again when you feel the need to bore us all with another pathetic history lesson that we already know....When will you learn ??? Anyone investing now is investing in Regency's future, not its past ! Its the same old boring shite from you day after day.Get a Grip man,yr nothing but a sick, twisted old man who's frozen in the past with yr alter ego Booby !
But Rosewall, Bell has delivered production to his shareholders now,revenue,income and profits,all happening as I type.That's something completely unheard of before. This is not the Regency Mines that you know,The Regency Mines that you know never produced anything or generated revenue, it merely diluted it's shareholders into oblivion - like most small explorer's(including amc) do. The Regency Mines at half a penny is a completely different beast, income, profits and massive upside potential is what you get from the half penny Regency. Out with the old & in with the new, profit figures to be announced shortly.
It's been falling almost every single day since the 13th June, when that devastating 2nd placing was announced.Its crashed 40% since then, that's a serious fall for a small explorer who's drilling for oil and it looks like it will keep falling until SL results are announced mid September - when there's an 80% chance it will fall sharply again but at least then this nightmare will be over and we can look forward to WH.
Good Man Potatoehead, The potential upside a rgm is mind-boggling.We all know about Regency's terrible past but many do not seem to understand that I could not give a ****e about Regency's past because I have invested in their future, not their past and it's because of their horrific past that we can buy them at half a penny:) They are producing coal now as we speak, it's not pie in the sky, they have 2 massive Highwallers on the job and got 11,000 tonnes out in the first 4/5 days.Profit Figures to be announced in a few weeks. We are talking very serious dollar for a £4million capped company.
Yes, of course it doesn't look real, and I know your all scratching your heads in disbelief! How can a tiny miniscule £4million micro-explorer have so many assets and the thought of them producing up to 100,000 tonnes (47% to rgm) of top grade Appelician coal is absolutely ridiculous ? Gentleman, this is rare market anomaly, profit figures are to be announced in a few weeks and then this tiny miniscule explorer will have a steady stream of income as it then moves forward to focus on the Mighty Mambare Nickel asset. Regency is a like a very cheap small mining fund.
Said it before and I'll say it again, go find another company in a similar position that's done it better... Amc £25million mkt cap I60MT @ 0.70% Rgm. £4million mkt cap 160MT @ 0.94% Plus Rgm have the $140 Billion (in-situ value) Motzfeld deposit. And they also have a coal producing asset that can produce up to 100,000 tonnes per month ( profit figures to be announced in a few weeks). They are also holding 50/ 60million shares in Alba, recently up 100%+ and shares in Curzon Energy. Plus they have an electric vehicle hire company. Granted the 2 companies are incomparable, one (amc) is a very expensive (£25mln) one trick pony, with one Siberian string to it's bow and the other (rgm) is a very cheap(£4mln) coal producer-producing up to 100,000 tonnes a month,with 47% to rgm, (×$65 price of coal )and soon to announce profit figures but with the added bonus of a ginormous high grade nickel deposit in a western friendly country that's only 3% explored and is already larger and higher grade than peer company Cleanteqs. I'm sorry it's not a peer to amc but for the neutral, it clearly shows that there's some great value stocks out there and some not so great value.
No SB1,I'm not looking at buying back in until the SL duster is announced as expected (80%COD,chance of dust).For me,this games all about managing the risk and making a profit, I dont invest for the old 'get rich quick'chestnut by taking exceptionally high risks ,which almost always end up in a loss for the investor and SL's odds of 1 to 4 most certainly do not appeal to me but getting back in at 4/5p on the expected duster does because I expect the sp to recover quickly in the run up to Spud on WH, where I will then again derisk, be I in profit or not. This strategy of speculating without commiting my capital to the cause has been successful for me over the past few years and ensures I'm always in the game.In early and out early, that's how I make my money,There are still losses but they are manageable.I got over 500% profit on Matad last year,so although this time it hasn't worked, due to that ill-timed 2nd placing, my financial army remains intact and lives to fight another. Good Luck to All
She's in the 7s !
Sensible Fund, the likes of me & you are not here to gamble our entire investment on something with a 20% COS. Let's be honest, we all expected this to be 15/16p now and those that wanted could have derisked,banked profits and still left a fair chunk in on the off chance they struck black gold at SL but Mike Buck's ill-timed,excessive and devastating 2nd placing put paid to that and I will not forgive him for that ill-timed and unpredictable action-that has cost me tens of thousands in paper profits when it crashed the sp and made SL the most depressing drill in history.
I'm surprised to hear Fundy is in for the Boom /Bust on SL with an 80+% chance of failure. Stops won't help when they announce the duster, it will just open up gap down and you'll be filled at whatever price the markdown is. I thought you would have deriskes Fundy, instead of watching this depressing daily torture. The smart money is on the sidelines now awaiting the duster (80%cos) and then back in on the fall for the WH spud.
Jnddavid,,They're Not my calcuations...They are Petro Matad's ---The Company you invested in ! Gatto- Pleased to be of assistance- Fill yr Boots !
Ah Yes Potatoehead, The mystery buyer of those 23 Amc shares on the 6.8.18. Well, this large (for amc) transaction pricked my attention and I noted another large (for amc) buy on the following day, 7.8.18 of 738 shares, for a not insignificant (for amc) consideration of £27.70 -So it was now clear to me that a big player was accumulating. Many here like Soot & CT have been saying for years that someone is mopping up Credes shares and building up a sizeable stake in separate accounts so as to remain below the 3% threshold. But who could it be ?.....The buying continued on the 8.8.18 with another 459 shares bought for £18 and the secret buyer was out again on the 9.8.18 with another 656 bought for £23.91. My guess is that these buys are all from the same person/s and because of the large size(for amc), the order has been broke up into manageable tranches - so as to disguise the buyers intention and fill the order without moving the price.Very clever indeed ! Now,I don't want to speculate on just who this buyer might be (J-I-N-C-H-U-A-N) but I cant help feeling something big's going on behind the scenes here,CT knows exactly what I'm talking about because something big has been going on behind the scenes here since 2015 and the dizzy heights of 44p, hasn't it Crazy ? But now,3 years down the line, armed with a $24Billion Nickel Deposit ,we are back to a more conservative 3p a share and the savy few are clearly bottom fishing in preparation of the fall to 2p. Does anyone have any idea who this mystery buyer might be ? Could it be Norlisk finally building a stake as some posters with foresight thought a few years back ? With the significantly higher Nickel price and positive future outlook with the EV battery revolution,surely it's only a matter of time before amc's trading back at 2p or am I being overly optimistic?
There may well be a placing in the offing, that's a necessary evil with all micro- explorers- If anyone is worried about the possibility of a placing, then they should Never,I repeat Never invest in any micro-explorers.You should only invest in proven profit making companies. If the probability of a placing is stopping investors investing in Regency Mines,as Mr Booby & Mr Magicman suggest, then these investors are most definately investing for all the wrong reasons and should seek investments more suitable to their personal needs and expectations,I.e. Forgot All micro-mining/ oil explorers ! Having said that, and accepting that placings are a necessary evil for miniscule mining explorers, the degree of the placing, If and when it comes, may not be as severe as those in the past as they are now generating revenue and if they cannot at least generate enough revenue to sustain the company, then there is no point creating revenue in the first place ! And one would imagine that not only will they be able to sustain themselves but be expected to make a profit on the coal production otherwise the whole project is completely pointless.
Don't you mean Rock Bottom Mike ?
Finally, a balanced post from Booby ! Well Done Booby, maybe a balanced post from your alter ego Zumore next ;) Of course, a £4 million mkt cap doesn't reflect the upside here and if we only partially succeed - it will more than justify a £4million mkt cap. There will always be sellers in Regency on any rise because there are clearly many disgruntled shareholders from the past who will be only too pleased to sell out on any rise. But the announcement of the expected profit figures in a few weeks could easily soak up the sells and propel Regency to a higher level.
Great Post Nolossuntilyousell, I couldn't agree more ;)