Member Info for zumore

"attended"

Excluding Luke, do you know which big RGM shareholders attented yesterdays RGM AGM?

You repeatedly tell people to DYOR but if they disagree with your opinions on the company then you call them a troll. Surely you must be a troll because you are always name calling other members on this forum?

chairman Andrew Bell will attempt to bring greater attention to the RGM Nickel/cobalt Mambare exploration asset is with RGM taking a stake in a greasy spoon cafe? After all there is Nickel in stainless steel and of course spoons, forks and knifes have Stainless steel in them and so a stake in a greasy spoon cafe may be the next investment by this RGM chairman to help bring greater attention to the RGM Nickel/cobalt exploration asset.

Hi Booboo, who knows maybe last Fridays left field 'White Car' investment by this RGM chairman will begin a trend with other AIM companies? The RGM chairman Andrew Bell wanted to help bring RGM's Nickel/Cobalt Mambare exploration asset more into the limelight, so he thought that if he invested in 'White car ltd', a company that hired out battery powered Tesla cars, then PIs might be drawn more to Mambares Nickel/cobalt exploration asset because the car hire firm that they invested in probably had Nickel & Cobalt in the batteries in the car hire vehicles that they rent out. So if this Andrew Bell way of thinking catches on with other AIM companies then we will probably see oil companies who want to bring greater attention to their overlooked oil assets, to attempt this they will probably buy a stake in a taxi company, then hopefully this will get PIs drawn more to the company's overlooked oil asset because the Taxi company that they will have invested in will have Taxi's with some oil in. Yes this Andrew Bell new way of investing will catch on alright. :)

Leading up to last Fridays Red Rock Resources Annual meeting this RGM chairman bought around £130,000 in Red Rock Resources shares on the open market. On the 18th December he posted on the RRR thread to give an explanation for buying RRR shares and he said: "I bought shares because I wanted to. There are plenty of good investments out there at the moment, and there was no reason for me to buy Red Rock shares unless I thought them a sound investment." ................. Of course the RRR chairman is also the RGM chairman and i don't believe in this financial year he's bought any RGM shares on the open market? So it'll be interesting to see if he also buys an huge amount of RGM shares leading up to this Fridays RGM annual meeting. I guess if he doesn't buy an huge amount then that means he's not too confident in RGM. That would be surprising because like big RGM shareholder Darren pointed out the other week, in this past year this RGM chairman has had around £5 million at his disposal (through selling horsehill stake and through fundraises). So no money excuses for this RGM chairman these past 12 months and of course lots of money to build the coal empire that he promised shareholders. Plus of course this RGM chairmans has had the support of Paul Johnson these past 12-18 months with him being Mr Bell's biggest cheerleader. So PJs been supporting RGM by buying an huge amount of RGM shares so it'll be interesting if this RGM chairman will also be buying an huge amount of RGM shares just like he recently did in his other company Red Rock Resources. Of course if he doesn't then that's an huge indicator of his confidence in RGM. You would've thought his recent 'White car' RGM investment would've had him piling in. :P

Okenia i will also say this to you. Imagine you was the CEO of RRR and your RRR chairman was representing RRR by sitting on the Jupiter mines board. Then when a Jupiter mines board meeting approached RRR paid for flights and hotel in Australia so the RRR chairman could attend the Jupiter mines meeting. Then it came to your attention that Jupiter mines were paying your RRR chairman remuneration with consultancy fees. Now do you say to the RRR chairman: (A) Keep those consultancy fees for yourself and pay them into your own company account? or (B) Well you are representing RRR at the Jupiter mines board meetings, so obviously you will be giving those consultancy fees to RRR, afterall RRR are paying for your flights to Australia and also paying your hotel in Australia all so you can represent RRR at the Jupiter mines board meeting? So Okenia which is it (A) or (B)?

Okenia, although you never answer my questions and avoid giving an opinion on Andrew Bell i will generously answer your question. This is really rather simple, if Red Rock Resources pay for Andrew bell's flights to Australia and also pay for his hotels in Australia when he represents Red Rock Resources interests at Jupiter mines board meetings, then obviously he is working for Red Rock. So if Jupiter mines then pay him consultancy fees then Red Rock Resources should be getting those consultancy fees. Okenia can you answer a question for once? in those circumstances that i outline would you agree that any consultancy fees paid to Andrew Bell from Jupiter mines should then be given to Red Rock Resources? But the jupiter mines annual reports say: "consulting fees paid to Andrew Bell consultants, a company in which Mr A bell has a beneficial interest". Do i know for a fact Red Rock pay for his flights and hotels in Australia when he attends Jupiter mines board meetings? No i don't. But if they are then obviously he's representing and working for RRR and consultancy fees shouldn't be paid into his company 'Andrew Bell consultants'. Okenia, give an opinion for once and stop trying to make out Bell's Jesus father.

That it says some directors receive 'expenses' but under Bell it says 'consultancy fees' suggests to me that RRR pay for his expenses. So that he would pocket for 'consultancy fees' and wouldn't instead reimburse RRR for the flights and hotels doesn't sit well with me. I don't know about you but it comes across to me as personal greed?

Okenia, companies house doesn't tell you everything. For example Jupiter mines remunerates their directors with different methods (some call it consultancy fees and some call it expenses) and for the past few years it says they pay Bell 'consultancy fees' and it says "consulting fees paid to Andrew Bell consultants, a company in which Mr A bell has a beneficial interest. I don't know about you but i always think it's wrong that he takes money from Jupiter when he's supposed to be representing the interests of RRR? What would make it doubly wrong is if RRR paid to fly him out for the Jupiter meetings and also paid for his hotels and then he pocketed the money Jupiter paid him. Don't you agree?

but if RGM eventually invest £400,000 in Tesla car rental firm 'White car ltd' they'll acquire a 5.8% stake in White car limited but searching online a brand new Tesla car costs between £70,000-£80,000. So for £400,000 RGM could've had a fleet of 5-6 brand new Tesla cars and ran a car rental business themselves. So to me a potential £400,000 investment for a 5.8% stake in 'white car ltd' doesn't seem like a great deal to me. Though i'm sure others will disagree. And in yesterdays RNS Bell gives this strange reasoning for investing in 'White car ltd': : "Regency has a presence in nickel and cobalt through its large Mineral Resource at Mambare. These metals are two of the key electric car battery and battery storage metals, and we need to increase our understanding of this driver of the now recovering nickel market. If we are to understand trends, understand the technology, understand where the value is being created, and adapt, we have to dive deep into the technologies and uses of this changing marketplace. EsTeq was established to enable Regency through a small independently managed business to engage with the battery development ecosystem in ways that will directly support our nickel/cobalt operations and development. In White Car, exceptionally, we have taken a stake in an already developing business as we saw this as a one-off investment opportunity into a company with an unusually good window onto key trends in the EV market and battery material usage, and a clear value development strategy" ........................ If you wanted to get a greater understanding then instead of wasting £400,000 then why didn't you take a collage course?

I must say that was transformational news today wasn't it? Erm forget the above, spellcheck made an error. I meant to say: I must say that was transportational news today wasn't it?

I know he probably doesn't appreciate some of the posts on this thread. But i did listen to his full podcast he did earlier in the year and he did come across as a nice guy. If i recall what he said in the interview he said he's nobodies fool and he expects Chairman/CEO's to deliver for shareholders.

At least big 5% RGM shareholder Darren has got a good sense of humour. :) On learning this car rental investment he tweets: "Sherlock would be proud mate! Last December I invested in some potentially fantastic assets....12 months later I can probably get 5% off a car hire at Heathrow. 🤦‍♂️" https://twitter.com/darrenhazelwood/status/944181198200475653 Like i said earlier the big shareholders need to club together and get rid of the dead wood at RGM. Don't believe this fictitious hype that this is a genuis at the helm because it must be clear to many PIs that he's woeful.

Yup bizarre. :) That's enough for me this side of Christmas. So happy christmas to you and everybody else. :))

Booboo, lol i'm sure the big shareholders will be impressed. They thought RGM were going to be making million from investing in successful coal mining operations but it seems they've dropped that and instead switched to car rentals. :))

He hold some shares in PERE. And lse member did some research in November and he made this post on the PERE thread "Having done some googling: three names associated with CAF/Nyota also hold/held pere: PJ, G Stevens and M Lancaster. It appears they acted in concert and replaced all three directors at Nyota, in 2016. So share holder activists on board here. Any one know anymore from twitter etc? Or shall I just keep talking to myself lol" He also posted: "Having googled Mark Lancasters no end, I reckon its the ex-SDL guy. Or I m hoping it is :-) Can Okenia ask DL please?" .......................... So it seems he's an activist investor who has quite a lot of money (a bit like activist investor peter gyllenhammar over at RRR). So hopefully these big shareholders at RGM will eventually get together and oust the under par CEO at RGM. And i'm sure the big RGM have noted you've recently spent over £150,000 on RRR shares but you've only took free shares here.

say about their paid for premium service and private messaging: "This feature allows you to send other Private Messaging users direct messages through the website. (You will be unable to send private messages to users who do not have this feature."

Sorry i couldn't view your message because i'm not a premium lse member. So if anybody sends me a PM i won't see the message.

From my last post, a mix up between TVR and TR1