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from this 2012 RGM RNS http://www.lse.co.uk/share-regulatory-news.asp?shareprice=RGM&ArticleCode=fzzdh2kk&ArticleHeadline=MAMBARE_NICKEL_LATERITE_PROJECT_AND_DIRECT_NICKEL: "The perception of the JV partners at this stage, when a sizable resource has recently been declared, is that further drilling would not increase project or shareholder value to a degree proportionate to its costs, and ultimately might be value destructive"

their Brazilian Nickel/Cobalt (Vermelho) project to Horizonte minerals (ticker HZM) last month for $8 million. On the Horizonte minerals website they say about their two nickel projects "Estimated over US$200 million of previous expenditure by Vale, Teck, Glencore on Vermelho & Araguaia" On the Vermelho acquisition RNS http://www.lse.co.uk/share-regulatory-news.asp?shareprice=HZM&ArticleCode=u8dhzph9&ArticleHeadline=Acquisition_of_Vermelho__conditional_placing they also say: "The Vermelho project was developed by Vale with the objective of becoming its principal nickel-cobalt operation. Extensive work was undertaken on the project, which included drilling programmes totalling 152,000 metres, full scale pilot test work and detailed engineering studies. The project was subsequently taken through a feasibility programme with Vale announcing a positive development decision in 2005" The RGM 2012 Mambare RNS http://www.lse.co.uk/share-regulatory-news.asp?shareprice=RGM&ArticleCode=yw3teo3z&ArticleHeadline=Increased_Mineral_Resource_Estimate_for_Mambare says " The MRE was independently calculated by CSA Global (Perth, Australia) ("CSA") based on all results of the 2011 and 2008 exploration campaigns, comprising 7,291 metres from 455 drill holes and 5 test pits, as well as the results of the 2011 Ground Penetrating Radar survey." Horizonte also say "The Vermelho nickel project is located approximately 85km from the northern part of Horizonte's Araguaia project located south of the Caraj�s mining district the state of Par�, Brazil. The Carajas district is an established mining region with well-developed infrastructure in place, including rail, roads and hydro-electric power" On the other hand RGMs Papua new guinea Mambare Nickel/Cobalt project is apparently off the track with very little infrastructure. I actually remember this RGM chairman saying that the locals in Mambare actually made him an honorary chief and often when decisions are made they have to negotiate with two squabbling local tribes. ....... So HZMs Vermelho Nickel/cobalt project has had 152,000 metres of drilling compared to RGMs Mambare 7,291 metres of drilling. The Vermelho project has had tens of millions spent on it and is way more advanced than RGMs Mambare project and is also in a more appealing mining country and has better infrastructure. So i would imagine RGMs Mambare Nickel/Cobalt project is pretty worthless because even if they spent a few more million on drilling another 7,291 metres at Mambare then it would still be barely explored in comparison to HZMs 152,000 metres of drilling at their Vermelho project. An extract from another 2012 RGM RNS warned : "The perception of the JV partners at this stage, when a sizable resource has recently been declared, is that further drilling would not increase project or shareholder value to a degree proportionate to

these past two years. 1st Feb 2016: RGM had 127,157,461 shares in issue. So back in early 2016 to reach a 1p RGM share price theRGM market cap would only have needed to have been �1.27 million. After the recent RGM placing: RGM will have 769,704,154 shares in issue. So in under two years RGM have 6 times more shares in issue. So when the placing shares are issued RGM will need a whopping �7.69 million market cap to reach a 1p RGM share price.

https://www.youtube.com/watch?v=GrEyd6CvWHY&sns=tw RGM invested huge amounts of money in numerous coking coal projects last year and shareholders were told by the company that 2 of those coal mines were imminently coming into production. So what questions does this interviewer ask Mr Bell? Absolutely no questions about the coal = what a useless interview! I'm sure somebody from sharetalk would tell me " but we didn't pick the questions". Well sharetalk interviewed Bell on numerous occasions last year so surely it was obvious to them that PIs would want Mr Bell to answer questions about the coal? Like i say useless interview!

is not panning out like this RRR chairman predicted all those months ago. Back then he was saying because the YA loan and the Steelmin loan were almost identical then if Steelmin quickly paid RRR back their loan then RRR could repay back YA their loan: he made it seem so straightforward. But the reality is that this YA loan is being slowly shifted onto the RRR shareholders so they can pay it back through RRR dilution. That was NOT how it was supposed to be. If Steelmin haven't repaid RRR by the beginning of February then no doubt this chairman will be raising even more money through dilutive means which will of course will mean RRR shareholders will be expected to pay even more of Red Rock's huge YA loan: like i say that was NOT how this chairman first said YA's huge loan would be repaid back.

I hope you are not referring to Robins as a troll because he's not. Why on earth should Robins be happy? From my recollection he sunk around �40,000 into RRR, beginning at around 1.30p and he's averaged down on multiple ocassions but time and time again this disastrous chairman has not delivered. And bear in mind a 25-1 RRR share consolidation happened in December 2015 and so todays 1p price would've been equivalent to 0.04p pre consolidation . So Robins has every reason to be unimpressed with this RRR chairman.

"so unless an RNS drops tomorrow to say YA converted $200k of the loan into RGM shares a day or so ago (not again) " ...................... By the way to my eyes it looks like i've posted many posts in a row on this thread today. So i am really hoping that all my filtered posters have also been posting on this thread today: then they would've helpfully spaced out all my posts.

that RGM announced on 5th April 2017: http://www.lse.co.uk/share-regulatory-news.asp?shareprice=RGM&ArticleCode=ic7xwuht&ArticleHeadline=Convertible_Loan Now it's around 9 months since the $1 million YA loan was taken out and so because the 5th April RNS said: " If the price of Shares is below the Fixed Conversion Price the Lender may elect to convert at the Variable Conversion Price, but if it does so it is restricted to Conversion of a maximum of $200,000 in any one month" ..... So because from the above extract it seems YA can only convert $200k a month and also because RGM still owe around $800k and also because only 3 months of the 12 months loan remaining, so unless an RNS drops tomorrow to say YA converted $200k of the loan into RGM shares a day or so again then i think MrMagic was right when a couple of months ago he said that one possibility is that the 12 month YA loan may be extended beyond the 12 months. I guess if the YA loan repayments are pushed back a bit then this will be a great relief to the RGM optimists who still desperately hope that great news will soon arrive that will positively transform this RGM share price. Then if that happened YA wouldn't have to convert the loan into so many RGM shares. I guess you could consider this to be my RGM ramp post today. :)

"I'm contradicting myself" because on one hand I'm saying PJ and crew are good at ramping RGM because on numerous occasions their ramps have made the RGM share price rise but on the other hand I'm saying they are destroying their ramping reputations because their ramp predictions are not coming true. That is not a contradiction because they ARE good at pumping RGM but ultimately their ramps flounder because what they predicted in their ramps doesn't come true.

Also the rampers will realise that your credibility gets destroyed when your ramp angle never comes true. On numerous occasions these past 20-24 months PJ and his loyal followers have made bold predictions about RGM and none of it came true and so it's probably best to hold off the ramps when the RGM chairman at the helm rarely delivers on his RNS and interview promises.

undeliver should be underdeliver.

I notice the twitter rampers have gone quiet on RGM this past month or so and to be honest who can blame them? It must now be between 20 to 24 months Paul Johnson and many of his loyal followers have been relentlessly pumping RGM and on many occasions they HAVE successfully pumped up this share price: so in my opinion Johnson and his crew have done a good job at pumping RGM these past 20-24 months. I'm sure after all this time the RGM pumpers have become dispirited and disillusioned because on numerous occasions they have successfully pumped up the RGM share price but this woeful RGM chairman never takes over the baton from the pumpers by releasing excellent non fake RGM news that takes the RGM price to the next level. Looking at RGM from a rampers perspective i am struggling to see ways to promote RGM. White Car ramp angle looks weak, Mambare ramp angle looks weak, so does the Curzon ramp angle and so does the Alba ramp angle; of course trying to ramp the RGM chairman by saying the RGM chairman is one of the "gems" on AIM is a ridiculous non starter of a ramp angle. I guess because they've successfully ramped Rosa coal mine in the past the rampers are praying that RGM buy the remaining 80% in Carbon minerals from the coal baron Stephen Moscicki. I certainly wouldn't expect Rosa to be a success but from a ramp perspective i think the rampers would want it. Some of the big RGM shareholders: Paul Johnson and wife: 47,146,254 shares = 8.15% Mark Lancaster: 25,239,952 shares = 4.36% Stephen Pearce: 23,836,762 = 4.13% Darren Hazlewood: 22,489,305 shares = 3.89% Frank Walmsley and family: 22,500,399 shares = 3.89% Neil Howell: 17,300,000 shares = 2.99% If the big RGM shareholders ever have get togethers then they must be pretty sombre affairs. If Chairman Bell and sidekick Kaintz undeliver in 2018 like they did in 2017 then you would think huge losses for all of them. All in all i think it's looking pretty dire at RGM, especially with the undynamic duo of Kaintz and Bell in charge.

weak RGM ramp attempt today was: Andrew Bell tweets: "I see Curzon price up 22% this morning" https://twitter.com/armcmb/status/948856346614599680 Looking at Curzon's high price today i suspect that this 22% rise was all in his imagination

but it's highly questionable whether todays second RNS was actually worthy of an RNS because the second RNS didn't contain any new company updates: to me it just looked like a glorified ramp post . So probably it would've been better suited to a forum post than a company RNS.

Remember Helpful you will be the troll because this forum allows strong buy views all the way to strong sell views and so views within that spectrum will be abiding by lse forum rules. On the other hand you trollishly name call posters who are sticking to forum rules.

If RRR eventually do this Copper/Cobalt asset Congo purchase this 26th september RNS http://www.lse.co.uk/share-regulatory-news.asp?shareprice=RRR&ArticleCode=byszrhjq&ArticleHeadline=Conditional_JV_to_develop_cobaltcopper_tailings says: " Cash payment of $700,000 £490,000 payable in RRR shares ("Shares") at 0.65 pence a share, with attached 5 for 3 three year warrants to subscribe for new Shares at 1p ("Warrants") Commitment by RRR to fund $1.2m of exploration expenditure over 18 months to produce a bankable feasibility study ("BFS") on Kamirombe, and thereafter pro rata." ....................... So how will the market react if RRR do the Copper Cobalt asset purchase and then £490,000 0.65p shares flood the market? Also if Steelmin don't repay RRR their multi million loan by the beginning of February then i would expect RRR to either issue another £1 million convertible loan or alternatively they may decide on an huge placing. So most definately not all rosy here.

I noticed former friend of this thread 'Greets' tweeting about RGM today. So we know he's a whizz on graphs, so let's hope he soon puts together a White car graph. I'll look forward to viewing it. :)

No twitter has never appealed to me. To be honest i do feel kind of guilty about knocking your white car posts slightly down this thread board with my Saturday posts. So i won't be around tomorrow so why don't you re-excite some more PIs tomorrow with a flurry of new White car posts?

"who's Luke?" ........... He's Luke1 on lse http://www.lse.co.uk/member-info.asp?page=1&nick=Luke1 or Gordon on twitter https://twitter.com/GBennettr2?lang=en or sometimes when he goes over 3% the holding rns says he's Neil Howell. I said i'm not interested if he attended yesterdays AGM because he tells us he's currently over £100,000 down in RGM but bizarrely he's still an huge fan of Andrew Bell and he's been in RGM since 2010. So he's never selling in RGM. By the way what a terrible inheritance somebody will eventually get when they inherit his RGM shares (hopefully in the long distant future) So whether he attended or not doesn't matter.

Hi booboo, from my observations since yesterdays RGM annual meeting it seems some of the quiet of late larger RGM shareholders have suddenly begun to pump RGM again. I think i once read a post in the past when somebody said AB had an fascination with hypnotism, so if that's true then maybe at yesterdays AGM AB worked his magic on the bigger disgruntled shareholders and so when they left the AGM they suddenly were in favour of the White car deal. Looking at todays posts i'm assuming Okenia may have attended yesterdays AGM? Like you booboo i'm absolutely flabbergasted Scott Kaintz was once again revoted back into his job at yesterdays AGM. I think to request an EGM you need 5% so whatever AB promised yesterday doesn't turn to reality then i'm guessing in 2018 the bigger shareholders may get sick of the mistruths of AB and then call an EGM. ......................................... I see Bell fanboy Ben Turney did a twitter poll the other day and he asked: "After so much promise in Q1 this year #RGM is in a slump. Shareholders are unhappy & the SP is stuck at 0.55p on the mid. There are clearly problems that the company needs to address. What do you believe should be top of the agenda for lifting #RGM out of its current funk?" (A) Asset review = 12% voted (B) Board/Management change = 71% voted (C) Strategic review = strategic review = 13% voted (D) Financing review = 4% review 136 twitter users voted in the Ben Turney poll, so board management change landslided it. That result may have surprised the fanboys of Bell but from my observations most PIs have very little trust in Bell because time and time over the years he's let shareholders down. So no surprise to me about the result. By the way i'm not a member of twitter but i would've also voted for the second poll choice.