Member Info for zumore

maybe this chairman does fully understand what lots of people thinks and he couldn't care less. After all earlier in the year people were piling into RGM when they heard the RGM chairman saying that Rosa coal production was imminent and on the back of that RGM got numerous placings away. Let's be honest if earlier in the year this chairman had said that come November there still wouldn't be any coal production then back then hardly anybody would've been piling into RGM and so numerous RGM placings would've been difficult. So misleading PIs about Rosa definately paid off for RGM because RGM did numerous placing and the suckers who were piling in because they thought Rosa coal production was about to happen were basically propping up the share price while lots of placees offloaded their placing shares. So misleading PIs does sometimes pay off for companies.

I believe that is what this present RGM chairman said when he did an RGM Presentation on the 27th September. Almost 6 weeks have passed since he said that and so it seems that statement was just another lie just like the one's he said in March/April when he said that the Rosa coal mine was imminently coming into production. This chairman doesn't seem to understand that when you say something and then when you don't deliver on what you say then most people see you as a b.sing liar.

Ah yes cgm i do remember you. Off the top of my head (1) A Bell fanboy (2) probably 95% of your previous posts were on the RRR thread (3) you are also not averse to insulting the fact based posters. I assume you took a step away from lse because you wanted to learn how to keep your temper in check?

Jason Robertson always used to appear at the bottom of the RGM rnses but a few months ago he left Dowgate and moved to First equity limited. I see today he's back at the bottom of the RGM rnses and on linkedin it says his new job is "Corporate Broker & Chief Analyst at First Equity Ltd". So my guess is that Jason wooed RGM over to First equity. On Jason linkedin page it says some of his skills are: " Writing in-depth broker sell side analyst research notes with valuation modelling, flash notes and morning commentaries on smaller companies that influence and shape investor opinions and move market prices. These are distributed to a wide range of buy and sell side investors, market movers, along with influential online and print journalists."

Yes Cgull on the local research: well done. :)

Let's not get into arguments because remember we only have until 31st October and then you can go your way and i can go my way. So i really hope we can make these next 5 days happy. :)

Greets, when i was posting about the journalist back in April here is what you was posting at around the same time "Rosa delays are a few days. These are insignificant and not significant as you state. Coal production could have started by now if the auger method used. Production was delayed purposely so the highwaller method could be used and monthly production outputs increased. We experience a few days delay while area made safe for operatives. All totally understandable to those that have researched and invested in RGM." ..................................... Greets, you make out you was posting accurate information back then but let's be honest it was totally inaccurate information.

x54v, i've just seen your tweet link. The chairman is confirming it's a good sign that he's relaxed is he? To be honest i'm not surprised he's feeling good with himself and feeling relaxed because earlier in the year he pulled off one of the most audacious AIM plans were he convinced many PIs that the Rosa coal mine was imminently coming into production and the yearly revenue from the Rosa coal mine to RGM could be millions. RGM did numerous fundraises while excited PI's piled their money into RGM. Then months and months elapsed and the Rosa coal mine never did come into production. I'm sure Bell and Kaintz were slightly nervous when they did an RGM presentation on 27th September. What would the PIs say to them about Rosa. Surely PIs would be furious with them? Well apparently no because the day after RGM PI Harry who attended the presentation posted (on his twitter) a selfie photo with Scott Kaintz with the caption "what a guy". So if others were like him then it seems that bizarrely PIs went there to fan worship Bell and Kaintz. For me personally the Rosa coal mine debacle is one of the biggest scandals on AIM in 2017. Back in March/April this Rosa mine was days away from coal production, it was apparently going to be bringing in millions of revenue each year to RGM. Then Rosa coal production never happened. Infact in mid April i contacted a journalist who used to report on the Rosa coal mine and i simply asked "are the locals near to Rosa aware that the Rosa coal mine is about to begin mining again?" This Journalist responded by email "Any activity at Rosa Mine is news to me. There were rumors floating around maybe a year or so ago that a group was interested in reopening the mine but nothing ever came of it. I'll check and see if anything has been done. I know that the surface mining commission has not put a notice in my paper and I'm almost positive they would have to." So this journalist was highly sceptical that Rosa coal mine was coming into production. Yet around the same time the RGM chairman was telling PIs that the Rosa coal mine was imminently coming into production. So that it never did come into production makes it one of my biggest scandals on AIM this year. To me how PIs were misled was totally shocking.

27th January 2017 the RGM does an interview with RGMs Rosa mine coal partner Stephen Moscicki. Stephen and Andrew talk how easily and quickly Rosa coal mine could come into coal production: https://www.youtube.com/watch?v=TUd7EX1vrc8 ............... 27 March 2017 Rosa coal mine rns update. The RGM chairman says: "Progress has continued, with necessary adjustments to the permits to enable use of a higher capacity drilling method creating only minor slippage in our timings. We expect sales and movements off site of mined coal in early April; we may achieve (but may just miss) our more ambitious target of first mined production by the end of March." http://www.lse.co.uk/share-regulatory-news.asp?shareprice=RGM&ArticleCode=gcsg3uac&ArticleHeadline=Rosa_Mine__Update ................................. 30th March 2017 Regency mine tweet: "Getting ready to mine coal at Rosa, Alabama" Same day RGM chairman tweets: "The Rosa highwaller being tested - just before it was moved to Rosa coal mine location ready to start producing COAL" Here are both of the above tweets: https://twitter.com/Regency_Mines/status/847398610496962562 ......................................... 20th April 2017 Coal rns updates. http://www.lse.co.uk/share-regulatory-news.asp?shareprice=RGM&ArticleCode=llyi9pst&ArticleHeadline=Coal_Update RNS key highlights from the Rosa coal mine: (1) "All permits and approvals now received, including Mining Plan extension allowing use of highwall miner instead of auger drill" (2) "Final preparatory work in progress including facing-off of initial face, sampling, widening of access road" (3) "Highwall contractor to start coal operations imminently" Also on 20th April 2017 the RGM chairman did a periscope interview with Malcolm Palle https://twitter.com/Regency_Mines/status/855187932419960832. In the first 5 minutes of the interview the RGM chairman explains that the slight Rosa coal mine production delay is because the coal face needs to be made into a better angle and also on the coal face a few shrubs need removing so they don't cause a later hinderance for the highwaller. ................................ Over 6 months later ROSA COAL PRODUCTION NEVER HAPPENED. Infact in this recent 27th September presentation https://www.youtube.com/watch?v=Amf2o0XwAwE the RGM chairman says that the new partner who was brought in was not interested in partnering on ROSA. So Masterinvestors "big announcements" were already announced earlier in the year on the ROSA coal mine: unfortunately trusting PIs got shockingly misled.

blitz this past weekend not really impressed with the todays rise. This weekends rampfest included: PJ not one but doing two twitter polls on RGM. Also Greets doing an RGM blog and then the very next day Greets also allowed Silky flows to include another RGM blog on the Greets blog site. Plus all the constant twitter ramping squealing "coal news soon!". It's almost 4 weeks since AB said that in his 27th September presentation. So looks like another coal fib by him. Though on twitter D*c Holiday today did make me chuckle with his Birmingham comment: https://mobile.twitter.com/DDS_DocHoliday/status/922504080580374529

Just my personal opinion but i don't think Silky Flow's blog was too bad. It was certainly better than some of the other RGM bilge i've been reading this weekend. Silky Flows talks MAMBARE and nickel prices: "Whilst the nickel price is sitting pretty at $12,000/ton from its bottom it�s nowhere near the highs of 2008 which were $30,000/t." Very good point. Although Nickel prices have risen lately if we look at the Nickel prices over the past few years https://www.focus-economics.com/commodities/base-metals/nickel we'll see that todays near $12,000 a ton nickel price is still near the bottom price compared to previous years Nickel prices. So although lots of rampy talk on twitter this weekend about Mambare.. the RGM 28th July RNS stated that at present Mambare is "on care and maintenance". I would expect that to continue until Nickel prices rise significantly higher than todays Nickel prices. Curzon in my opinion is a rubbish investment by RGM. I looked at the Curzon prospectus again yesterday and it says RGM are locked in for 6 months and between 6 and 12 months RGM can only sell in an orderly manner. I don't have high hopes phase 1 at Curzon will be successful and if not then the Curzon share price could easily drop below 2p (today it's around 8.5p). And so i disgaree with Silky flows about Curzon . Silky Flows blog says: "The real short to medium value comes through our coal projects." Again i don't disgaree because with MOTZFELDT & MAMBARE both at present being "on care and maintenance" then we need an IMMINENT COAL NEWS RNS that gives us details of an IMMINENTLY PRODUCING COAL PROJECT. Without a VERY SOON blockbuster coal rns then in all honesty it's pretty bleak here. Yes at present RGM have money but as months go by money gets spent. So RGM dawdling sitting on a heap of dwindling money will not be helping this share price. .

Here's another from March. https://mobile.twitter.com/pauljohnson9691/status/839844684419772417?p=v

PJs been pumping RGM relentlessly. I can't recall any of his predictions which came true. Here's a few from March time. https://mobile.twitter.com/pauljohnson9691/status/839841283359256576?p=v https://mobile.twitter.com/pauljohnson9691/status/841270155430772737?p=v https://mobile.twitter.com/pauljohnson9691/status/839841283359256576?p=v

Iptuf, i'll give a go at answering your YA question. Yes RGM took out a one year $1m YA loan in April. This loan had yearly 12% interest so we can assume that this $1m loan was racking up 1% interest a month or $10,000 a month interest? So by beginning of September no repayments or YA conversions had happened so we assume after 5 months this debt (with the interest) had risen to $1,050,000? Then on September 8th RGM announced they had prepaid $350,000 of this loan back to YA. If you look at the 5th April YA announcement http://www.lse.co.uk/share-regulatory-news.asp?shareprice=RGM&ArticleCode=ic7xwuht&ArticleHeadline=Convertible_Loan you will see the rns says: "d) If the price of Shares is below the Fixed Conversion Price Regency may prepay subject to a pre-payment fee equal to 20 per cent. of any amount prepaid." So RGM making that $350,000 prepayment meant they had incurred a 20% early prepayment penalty and so a $70,000 penalty. So the interest by beginning of September i had the debt upto $1,050,000 then on September 8th RGM prepaid $350,000 so that takes the debt down to $700,000 but the $350,000 prepayment incurred a 20% prepayment penalty and so that meant that RGMs YA debt was back upto $770,000. Of course additional interest has been racking up since September. If you look again at the April YA announcement you'll see YA can only convert a maximum $200,000 in any one month. So if RGM don't pay off this one year YA loan in cash then my calcs say by December YA must definately start converting this loan into RGM shares: that would be probably $200k conversion Dec + the same in Jan + the same in Feb + then whatever is left of the loan in March. The question is will all that conversion impact the RGM share price? ................... Quickly onto the "impressive assets" i see Paul Johnson has been ramping hard this weekend (particularly Mambare). If you look at RGMs 28th July RNS update http://www.lse.co.uk/share-regulatory-news.asp?shareprice=RGM&ArticleCode=qcuheg3x&ArticleHeadline=Update you'll see it says that both Mambare and Motzfeldt are both "on care and maintenance": so nothing happening at either of those. Actually talking of Motzfeldt, earlier in the year an RGM rns announced that one of Paul Johnson's companies may buy Motzfeldt for �350,000. Paul Johnson decided not to complete the purchase. So he may tweet that Motzfeldt is great but take what he says with a pinch of salt because he doesn't want to buy it.

Yes Colin, it doesn't look good for Greets in his friendly wager with me. 31st October is the final day. I did offer him a couple of months ago a readjustment of the wager to make it less harsh for him but he point blank refused and insisted that he believed in his research. In my opinion it was a bit stubborn of him but he can't say i didn't offer.

in my opinion has caused todays price dip. Posters like Greets and many others on twitter were saying that RGMs unsold 3.1% HHDL stake was worth between �1.5m- �2 million; however the more realistic posters were saying that based on what UKOG recently paid RGM (�323,000 for 1.9% stake in HHDL) then based on that sale that would make RGMs remaining 3.1% HHDL stake worth around �527,000. So last nights announcement that RGMs 3.1% HHDL stake would probably be sold for �630,000 was decent but those who believed the rampers �1.5-�2 million valuation would've probably been disappointed with the �630,000. So the rampers create the huge expectations and when the huge expectations don't turn to reality then no doubt that creates huge deflation in the PIs who believed them. I believe the ALBA sale will happen because ALBA's George Frangeskides is also one of the directors at HHDL http://www.horsehilldev.co.uk/board-and-management/2304144-board-of-directors. When RGM sold to UKOG the HHDL board had to give permission that the sale could happen and i assume that will also happen with this ALBA sale. Now with Horsehill out of the way all eyes now on the longly awaited coal RNS

Yes he contacted the Pastor and Police (+ researched about the highwaller license) long before i contacted the journalist and they were all good people to contact because they would obviously know what was and what wasn't happening in the local area near Rosa. And yes some laughed, ridiculed and dismissed but i totally believed him And yes it is kind of annoying that those who are telling the truth are often made out to be liars by the fibbers and at the same time the fantasist fibbers try to convince people that they are the truth tellers. Of course the ultimate consequence for those who believe the fantasist fibbers is that they will probably lose a packet here. And since December last year Andrew Bell has had over �3 million at RGM (through placings, UKOG money, $1m YA loan) and most of that money has been wasted. I also calculate RGM still owe near $780,000 on April's 12 month YA loan and because YA can only convert a max $200,000 a month then that means at the very latest December YA must start converting. So when they eventually start converting then that could hit this share price hard.

https://twitter.com/Geriatric_Gert/status/919471444521816064 Andrew Bell in March 2017 said the Rosa coal mine production was imminent and yet almost 7 months later still no coal production. And when PI's started to doubt that the highwaller was on site then Regency bung this video on twitter https://twitter.com/Regency_Mines/status/847412259391275009 and the tweets says "This is Highwaller to be used at Rosa and now on site (video not taken at Rosa). Now optimised further, ready to go!" I don't believe for a moment the highwaller was ever on site at Rosa. And when in April i contacted a journalist who used to previously do articles on the Rosa coal mine i emailed him and simply asked him "are the locals near to Rosa aware that the Rosa coal mine is about to begin mining again?" This journalist kindly responded via email and said: "Any activity at Rosa Mine is news to me. There were rumors floating around maybe a year or so ago that a group was interested in reopening the mine but nothing ever came of it. I'll check and see if anything has been done. I know that the surface mining commission has not put a notice in my paper and I'm almost positive they would have to." In my opinion the RGM Rosa coal mine is one of the biggest scandals on AIM this year because PI's constantly piled into RGM thinking Rosa production was about to happen and with Bell constantly making out Rosa production was about to happen RGM got away numerous placings. Seriously shocking! And when Bell did that presentation 20 days ago on 27th September and hinted that coal news "very soon". Yeah i believe that (NOT!)

Yes once again. I do recall a couple of days ago on twitter some of the old promoters who used to post on lse declaring that most of those 1 million share buys from a couple of days ago was their shares. One said they now owned 15 million and two others said they owned 10 million and 4 million. So i'm guessing a new ramp may be on. To be honest Mumbles "very soon" could mean months away when AB says it because around 6 to 7 months ago he did say Rosa was "imminently" coming into coal production. We are still waiting. Though if no coal news i guess a good RGM ramp opportunity could come around 18th October when i believe the Surrey council make a decision if Horsehill gets planning permission to do more testing. Of course that decision could possibly get delayed again but if not then that could be a good ramp opportunity if the council do give the go ahead.

Haroo, i don't know why certain posters accuse other posters of bitterness because i can assure you i type with total calmness. Also out of that �1.3 million UKOG share sale money RGM spent �400,000 on their Curzon energy investment and also partially paid $350,000 off their $1 million YA loan. I recall "early bird" suggesting to me the other week that he/she thinks RGM still have over �1 million in the bank but i very much doubt that: though we'll all get a more clearer idea in 6 weeks or so when the RGM final results are released because that should tell us how much money RGM had at the end of their financial year, which is 30th June. ............... To Greets, as you know this is an RGM thread where posters make observations about the company Regency mines. As you know Andrew Bell is the chairman of RGM and so i may occasionally give my opinion of how i think he's doing in his job at RGM.