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Greets, shareholders are the bosses and so they can be critical of those running the listed company. And quite obviously the Andrew Bell coal investments have thus far been an huge letdown because coal production was supposed to happen many months ago. So obviously scathing criticism will happen. And on your last point if i did and Rosa production didn't start by Nov 1st then i would still expect you to honour our agreement

Hello Greets You say i cut & paste? Most of my posts i am typing out.

by his workforce i've always been sure of that. So i agree he's had a great year by raising money and paying himself and his workforce from his bad investments. I've always been able to separate that ^^^. On one hand shareholders usually end up losing by investing in his companies but on the other hand his workforce always end up getting paid so i'm sure much love by them. Some PI's have actually posted in the past that when they met him they told him about their big losses and he looked at them with a gone out look. I'm not surprised by that because his workforce over the years must've doted on him and made him feel like an absolute star and winner and then on the rare occasion he ventures out to meet a moaning PI he must look at them all gone out and think "are you mad i'm a winner my workforce absolutely adore me" I actually think i recall Ken commenting in the past that Bell is brilliant at raising the money but not so good on the investment choices. And Moscicki the place he lives: i think it's Wetherby. :) So you are right Bell living it up by visiting Wetherby and it all being paid by the RGM shareholders. :)

Over the years numerous PIs have questioned what sort of due dilligence the RGM/RRR chairman actually does when deciding investments. Of course they ask because many of these investments end up being awful. When Stephen Moscicki first pitched the Rosa coal project to the RGM chairman and Moscicki said how using an highwaller would mean the coal production would increase multiples compared to the previous Rosa operators. Now i believe it was Richard Poulden who said at a recent presentation that when somebody first pitches an investment idea to him he at first treats everything they say as lies until his due dillgence tells him otherwise. Now back to RGM and Moscicki you would think the most obvious way for the RGM chairman to find out whether Stephen Moscicki's highwaller Rosa idea was a non starter would be to contact some of the experts who previously operated Rosa and ask them why they didn't use an highwaller. To me that seems blindingly obvious but it seems that didn't happen and Bell just took what Moscicki said as the truth. Also with Moscicki having an apparent 15 years experience in the coal industry i would want to look at the breakdown of costs and profits he was making in his previous coal projects. If he wouldn't show me then definately no investment. Obviously the due dilligence on Moscicki and his Rosa project was substandard by RGM and of course the aim of good due dilligence is to weed out the dreamers who are pretty much useless but alas RGM due dilligence was lacking and to the cost to RGM shareholders they ended up handing the useless Moscicki fortunes. So really no good for RGM to now criticise Moscicki because if they had done better due dilligence they would've avoided investing in him.

and like last time i looked it was an uninspiring dreary looking RGM rns. MAMBARE + MOTZFELDT: both on care and maintenance (not good) + we know that Paul Johnson recently decided not to buy Motzfeldt for £350,000: so from that we know that Motzfeldt isn't worth £350k. CURZON ENERGY: Scott Kaintz was doing a presentation last year and saying the Curzon IPO would be at the beginning of 2017. That IPO didn't happen and virtually every month since we have been told that the Curzon IPO is on the brink of happening. Of course when the Curzon IPO does eventually happen RGM have committed themselves to investing an approximate £350,000 more money to take their stake in Curzon upto around 10% COAL PROJECTS: As we know so far these coal investments with Stephen Moscicki have been awful. The much hyped Rosa production that was supposed to happen in March/April never happened. In this 28th July rns the RGM chairman is basically saying how useless Moscicki is. Laughably in rns he also says: "Gaps in our partner's capabilities have allowed Regency to gain access to these opportunities in the first place" LOL now that is NOT the sale pitch i remember Andrew Bell telling us in the beginning about Moscicki. In the begininng Moscicki was a knowledgable coal operator with over 15 years of experience in the coal industry and just leave it up to Moscicki and he would get these coal mines into coal production in no time and then that lovely lolly would start rolling in: alas that never happened. Here is a rare Stephen Moscicki interview https://www.youtube.com/watch?v=TUd7EX1vrc8 (end of Jan 2017) when the RGM chairman went to Moscicki's home and interviewed him. From the RGM chairmans 4th June interview with Harry and also from the RGM 28th July rns i get a strong hint that the Bell & Moscicki relationship has deteriorated badly. From a recent interview and the 28th July rns LEGACY HILL (a company that helps mismanaged companies) have been brought in to these coal projects and the RGM chairman says they've already put hundreds of thousands pounds of input into these projects by inspecting these projects and then coming up with a plan to further them. What we don't know is how Legacy hill are being paid, RGM or Moscicki? Are they being paid by money or by Moscicki or RGM giving up some percentages in these coal projects? Also mention in the 28th July about possible new coal projects but if they are Moscicki's coal projects then does he really want RGM involved in them? We know Moscicki doesn't mind setting up a new company to put a new coal project in, so he may block RGM out by doing that. Of course all only my opinion. Who knows what will happen with these Moscicki coal projects. Of course the same could be said about this drawn out 1.9% HHDL sale to UKOG.

was actually a rampy post when i was writing it because the UKOG share price was around 8% down and i was basically saying "no worries guys because this UKOG share price drop could actually help the RGM HHDL sale to UKOG" Then UKOG post RNS which rockets the UKOG share price and then suddenly my 13.03 post looks SO derampy. LOL it wasn't intended to be. :)

Eek! Based on my last post i personally don't see that as good news for RGM.

but strangely enough i don't think that is disasterous for RGM because my personal opinion is the more the UKOG price plummets then the greater chance the initial 1.9% HHDL sale along with 17.3million 1.55p UKOG shares will complete. That may sound wacky ^^^ but i believe when the initial £323,000 deal was agreed UKOG would've been dictating what sale price RGM should receive for their 1.9% HHDL stake, so when the UKOG share price suddenly rocketed and UKOG knew RGM would be receiving multiples of the £323,000 then maybe that made UKOG think twice about the deal. So if this UKOG price continues to tank then UKOG may think that RGM are no longer receiving vastly more than they initially agreed and then the sale will complete (along with 17.3m UKOG shares) Of course as many know i've been wrong on many occasions so i may be wrong here but it's just my hunch that UKOG price tanking could help the 1.9% HHDL sale complete.

Since last year virtually every month we are told Curzon energy are about to IPO' but still no sign of IPO. Bell said Curzon are seeking a main market listing and not an AIM listing though in Mr Bell's opinion he thinks they should've gone for an AIM listing. Of course in last years RGM rns (read it below) it says upon IPO then RGM will invest another approximate £350,000 in Curzon (formerly Westport) to take their stake up to 10%. So because they've invested so far £175,000 then i'm guessing presently they have just over a 3% stake in Curzon. http://www.lse.co.uk/share-regulatory-news.asp?shareprice=RGM&ArticleCode=y12swb1c&ArticleHeadline=Investment

just my opinion but if that sale completed rns doesn't arrive tomorrow and then we start to move into next week then for me that gets very worrying. For example a week on Friday it will be (according to my calcs) 39 days since the 10th July rns. To me that seems an huge amount of time for HHDL just to tick a few boxes to agree to RGM selling their 1.9% HHDL stake to UKOG. Though if the sale does happen then i think we all agree that the most important point is whether UKOG are going to let RGM have 17.3 million 1.55p UKOG shares. Just a straight £323,000 1.9% HHDL sale without any UKOG shares i think we all agree would be a damp squib of a deal.

Considering Angus energy went on to become a listed company then in my opinion it was pretty bad form of them that they had 29% in RGM in Feb 2016 (for selling 5% of HHDL to RGM) but they didn't inform the market when they were selling down their RGM shares. Here's the rns when they acquired 29.9% stake in RGM: http://www.lse.co.uk/share-regulatory-news.asp?shareprice=RGM&ArticleCode=sx5kwkd1&ArticleHeadline=Agreement_to_acquire_interest_in_oil_prospect No other rns except in November when they eventually informed RGM they no longer had a notifiable interest in RGM. http://www.lse.co.uk/share-regulatory-news.asp?shareprice=RGM&ArticleCode=l1wvyv71&ArticleHeadline=Holdings_in_Company

Mumbles i wasn't following the conversation too closely (so i may be wrong) but I think the other week Stephen Pearce explained to others that if a TR1 (I call it holding RNs) isn't released like it wasn't with SM (in 4th April RNs) then SM or RGM weren't obliged to update if SM sold down http://www.lse.co.uk/share-regulatory-news.asp?shareprice=RGM&ArticleCode=ruc9d16s&ArticleHeadline=Issue_of_Equity_and_Update_on_Alabama_Coal_JV If true that explains why in 2016 when RGM bought a 5% HHDL stake from ANGS and ANGS gained a 29.9% stake in RGM (for some of the payment for the HHDL stake). That was all announced in a standard RNS and the only time RGM updated on ANGS selling down was to announce that ANGS no longer had a notifiable interest in RGM.

"All other boards?" .... Yes every one. But don't be alarmed it won't start until 1st November. And the reason is Greets has unswerving belief in his research and so he had a friendly flutter with a nice guy that Rosa production would begin before November 1st 2017. Who knows he may be correct and so no need for worry just yet because if he's right then he won't be going anywhere. So far RGM 3.75% up today.

Sorry a mistake that should be "naturally thought"

When i initially read the 10th July UKOG rns and it said that it would be HHDL who would ultimate decide whether RGM can sell their 1.9% stake in HHDL to UKOG then i thought it would be a quick straightforward process because the UKOG chairman is also the HHDL chairman. So you would have officially thought a rubber stamp approval would have happened in no time: but here we are 30 days or so later and still no rns to say that the sale officially completed. Maybe the RGM chairman should get onto the phone to the UKOG chairman and ask the UKOG chairman to ring the HHDL chairman (phone on each ear) and then the UKOG chairman can tell the HHDL chairman to get a move on. :)

TODAYS RNS "The Board of Regency Mines announces that the Company was informed today that Paul Johnson and Michelle Johnson as of 8 August 2017 together hold 30,000,000 ordinary shares in the Company, representing a total percentage holding of 5.2%." MAY 24TH HOLDING RNS The Board of Regency Mines announces that the Company has been informed that Paul Johnson and Michelle Johnson as of 22 May 2017 together hold 28,789,246 ordinary shares in the Company, representing a total percentage holding of 4.99%. CONCLUSION Since May 22nd these big shareholders have acquired an extra 1,210,754 RGM shares. At todays 0.70p share price that means these big shareholders have invested an extra £8,476 since May 22nd.

getting into chit chat with fellow posters in future because admin have asked me to stick to only talking about the company. So if i don't answer any of you i'm not being rude i'm just sticking to what admin have asked me to do.

(1) MAMBARE: In the last annual report valued £215,375 (2) MOTZFELDT: They picked up the licences for just a couple of thousand but recently Paul Johnson decided not to buy it for £350,000. So because it wasn't recently purchased for £350k and because it only cost RGM a couple of thousand, then today i'll generously give it a value of £100,000. (3) CURZON ENERGY: RGM have so far in Curzon energy invested £175,000 (4) 31 HHDL shares: Based solely on the UKOG/RGM 10th July rnses when UKOG were supposedly going to give RGM £17,000 each for their other 19 HHDL shares (so 19 x £17k = £323K): so based on that we'll say RGMs other 31 HHDL shares may be worth approx £527,000 All those 4 ^^^ added together come to a combined value of just over £1 million. Yet todays RGM Mcap is approximately £3.75 million. So i think it would be safe to presume that the other missing £2.75 million in this RGM Mcap is made up by adding in the yet to be received 17.3 million 1.55p UKOG shares which at present selling value would worth approximately £1.3 million, also the other missing £1.45 million in this Mcap will be made up by RGMs coal assets. So if we add everything together then we can come to £3.75 million Mcap. PLEASE NOTE: Of course still no sale completion rns to confirm that RGMs 19 HHDL shares were officially sold to UKOG and in tandem with that no rns announcement yet to confirm that RGM have officially received those 17.3 million 1.55p UKOG shares. Though still plenty of time because that proposed sale was only rnsed on July 10th, so only 30 days ago.

Again my last post forgot to mention the $1 million loan that a few months ago RGM got from YA. One day YA will want paying back which will mean eventually they will start converting that $1 million into RGM shares.

Yes total exclusion for a month will be much better. And the loser of course will feel like a winner because they'll be able to enjoy the back end of the summer without having to bother about posting on here + I believe later in the month they'll also be able to look forward to a lse free August bank holiday Monday. :)