Member Info for zumore

"Some may say this is unfair and I agree but that's just how it is with tiny explorers on aim.The masses must lose so the few can gain"
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Good point i agree.

The problem is Andrew Bell has been here almost 14 years and over those years not many will have gained (like you say) but many will have lost (like you say). So my strong belief and i really do believe this, is that an huge number who have lost in an Andrew Bell company over the years will never reinvest in an Andrew Bell company. So to put this bluntly shareholders are royally ******* themselves over by persevering with a Chairman who these days doesn't appeal to many investors.

Seriously Schachy what is the point?

I misread. I thought you said 'porker'

that's a bit rude!

That's funny i honestly never saw your 14.49 post when i posted my 14.56 post. It's uncanny how we both suggested that RGM may have sold their ALBA shares to equal their Curzon share total.

"Regency has the $140 Billion 'in-situ' Motzfeld deposit.
The $30Billion ' in-situ'( only 3% explored) Mambare deposit2
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Like Joe told you Paul Johnson was given a chance to buy Motzfeldt but he decided against it. So it's worthless considering it would cost RGM billions to develop.

From interviews it would seem like RGM would like the other 50% stake in Mambare and it seems they would like to prise it away from the other 50% holders for nothing. So if RGM think the other 50% stake in Mambare is worth nothing then we can work out how much RGMs 50% stake in Mambare is worth.

So i hope that answers your question how much they are worth.

If RGM still hold 6,467,500 in Curzon shares that would be worth around £340,000. So you are the only one who says that is an insignificant amount.

Likewise RGM got their ALBA shares at 0.4215p and if they still held 64 million then they would be worth around £320,000. But i personally doubt they do still hold that many.

Also to point out it was actually the 23rd March Half yearly (RNS) that said RGM hold 6,467,500 ALBA shares. I think that was an mistake. But then again RGM never corrected it so maybe it was correct. Maybe RGM cleverly sold down their ALBA holding so they held exactly the same number of shares that they held in CZN?

TDT, like you pointed out the other day, on the RRR website it says RRR own 1.6 million RGM shares. Which like you say is worth around £8,500.

So incredibly suspicious that Bell will state the tiny amount RRR hold in RGM but he won't say the amount RGM own in ALBA.

Also with that 8th March holding RNS they went under 3%.

I was talking to Schach in my 13.35 post. But in regards to RGMs ALBA shares.

RGM held around 74 million (they were worth around £315,000)

On 8th March 2018 ALBA released an holding RNS to announce RGM were down to 64 million: http://www.lse.co.uk/share-regulatory-news.asp?shareprice=ALBA&ArticleCode=9au4q3h5&ArticleHeadline=Holdings_in_Company

Then in the 23rd March RGM half yearly report it says 6,467,500 ALBA shares. But that was a mistake that RGM didn't correct because RGM own 6,467,500 in Curzon Energy shares.
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Since then nothing. So how many they hold now is anyone's guess.

I will halt the discussion about ALBA with you. I actually want to get my post count to under 40 posts (in a 30 day period) by this time next month. So from now until then i will post much less on this thread.

Last post should've said "COULD'NT divulge how many without an RNS"

No i still think most of those ALBA shares have been sold.

Vipassana asked Bell about them (on this thread) the other week and Bell's post has now been removed but i believe he told vipassana that RGM still held a significant amount of ALBA shares but he could divulge how many without an RNS.

I think that's rubbish because the only reason i can think why he won't specify exactly how many ALBA shares they own, is because it's a disappointing low amount.

Schachmeister i cannot remember us having any arguments on this thread? I think it's because i actually enjoy your posts, they are very amusing. :)

from yesterday about the subject of N have now been removed.

To be honest i thought going into the inner workings of a persons mind was a fascinating topic of discussion. Obviously i was wrong. So sorry about that (see i'm capable of apologising)

Yes TDT it was that NPD Donald Trump who got that post removed. He's so touchy. :)
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ABS and TDT, onto another subject (honest). This was Harry-AIMs tweet yesterday: https://twitter.com/SHARES_FTSE_AIM/status/1027186004053188608

A recent 6 day Champney's health club break. Somebody has been taking care of their appearance. I wonder why? :)

"I thought it was supposed to be premium Appalachian coal Korg?"
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It's a far cry from the fantasy of last year Joe. their main contract is supplying a coal blend to a power station.

In the Andrew scott interview the present RGM chairman says:

"You are essentially taking metallurgical coal, blending it down to a slightly lower specification and supplying it to a power station. You are getting a price you can live with that stops you going bust in a bad year like say 2015.
Now if we able to use some of the higher grade coal that we can produce, and sell it in a raw state to the metallurgical coal market, we could probably increase our realisation by 20-25% per ton.
We can, i think, look at the blend we are supplying, and see whether you can avoid putting your best quality coals into that"

Yes Joe even after investing on AIM for almost 5 years i can still be incredibly naive. For example the other week i was saying that over at Curzon that many big investors have agreed to a 1 year lock in period where they have all agreed they wouldn't sell for a year (until Sept 26th 2018). But over on twitter the other week i saw a few investors saying that lock in periods are laughable and are never adhered to and are impossible to enforce, So i guess they are right and so i guess Curzon holders like YA (who held 44.72%) have slowly but surely offloading.

And i'm sure you'll remember Stephen Pearce on this thread last year talking about Tr1s? I believe Stephen said if the company doesn't announce it with a TR1 holding RNS when a person goes over 3% (when Moscicki got free shares went over 3% RGM just gave it a passing mention in a fundraising RNS) then no TR1 holding RNS is required when the over 3% holder offloads. I also recall a few years ago RGM had a £400,000 Mcap, they RNsed they had done a deal with Angus energy to buy Horse hill shares and because of it Angus held over 30% of RGM shares. No further announcement was made again until Angus had completely sold out.

So i don't know who sold that 3.9% in Curzon but because of the above i doubt Curzon will be announcing endless TR1s when all the various big holders are offloading.

investment so far looks an atrocious decision.

Just 5.58p is the Curzon sell price today. Yes RGM got some free CZN shares but i believe RGM invested £575,000 in to Curzon at a buy price of 10p a share. So that's not good.

I was always amazed Bell and kaintz thought it was a great investment idea to invest in Curzon because from the get go YA global held around 44.72% of the Curzon shares. With someone like YA global holding that many CZN shares then most PIs would've expected share price decimation would happen. So it's unsurprising that it has happened.

between the fantasy RGM (Stephen Moscicki) coal mine ramps of last year compared to today. Because the ramps last year were Rosa coal mine (didn't happen) would make $100 clear profit on each ton of coal so a possible $1 million a month profit could be made. However with this latest RGM coal acquisition the MET website says:

"For the year ended 31 December 2017, Omega sold 749,000 tons of coal, generating revenues of $34m"

So that works out that the average price they were getting for each ton of coal was just $45. So very unlikely Omega were making a profit at the low average sell price.

Plus like Booboo says below RGM and LH have already spent the $3 million they invested in this coal joint venture, so profits will have to be made immediately or they will start to get into debt. Plus previous operators owned the two highwallers but RGM/LH will have to lease them. You would imagine the lease costs would be very expensive for the two most vital pieces of equipment. So to me this JV outlook doesn't look promising.

because i believe Andrew Bell (RGM CEO/chairman) has very limited investor appeal after being at the RGM helm for almost 14 years. I'm sure many many thousands of investors have lost money in his companies and so is it wrong if most of those same investors would not consider investing in an Andrew Bell company again? Of course it's not.

I often think the rampers ramps are pointless + Even "lets wait for the numbers and then RGM will fly". I don't think that matters because if an huge number of investors have already blacklisted Andrew Bell then numbers don't matter because basically he'll be &&&&&& and there will be no big share price rises at RGM.

So if an huge numbers of investors will no longer invest in an Andrew Bell company then it makes no difference if Paul Johnson, Tom Winnifrith, Stephen Pearce, Greets, Darren Hazlewood, Doc Holiday, Okenia, Ben Turney, all like Andrew Bell. Because they can buy in to RGM, they can ramp away, and then they patiently wait for all those thousands of investors who will no longer buy into an Andrew Bell company. it will be an endless wait because those AIM investors will not be investing.

Let's see if i'm correct. Let's wait for these RGM announcements and see the dead reaction. You can scratch your head and wonder why, but it'll be the Andrew Bell effect.