Member Info for zumore

I saw the tweet when he said that but then the next day he deleted that tweet and said would be running again: https://twitter.com/ABell2019/status/1194269797233627137

On his twitter the other day Bell said that years ago he tried to become Leeds East MP. Again if you scroll down https://en.wikipedia.org/wiki/Leeds_East_(UK_Parliament_constituency) you'll see that in the 1983 General Election Bell came second for the conservatives.

Booboo, i've just had a look and the Brexit party are 100/1 to win Buckingham.

I saw that deleted 11th November tweet from Andrew Bell when he announced he was stepping down for the Brexit party candidate. In that deleted tweet he also gave a ringing endorsement to his Conservative rival by tweeting "Vote Greg Smith". If you scroll down to the 11th November you can see a tweet from Greg Smith thanking Bell: http://tweettunnel.com/gregsmith_uk . Of course Bell quickly deleted his tweet but he stupidly told everyone to vote for his conservative rival.

I guess if anybody wants to donate to Bell to help fund his election campaign you can contact him through his #BellforBrexit twitter account: https://twitter.com/BellforBrexit .

Let's be honest if some of the former RGM rampers and Andrew Bell fanboys from the past like Okenia, Greets or Stephen Pearce, suddenly came out of the woodwork trying to ramp this dire company, then that would be a very sad sight to see: there is absolute NOTHING here .. and it would be pretty pathetic and desperate of them if they tried to put a rampy spin on the no doubt forthcoming RGM share consolidation.

It's still not absolute certain that Andrew Bell will be trying to become the Brexit Party MP for Buckingham. But it must have surely caught his eye that many would be MPs are using their twitter accounts https://twitter.com/jessphillips/status/1190222848763318274 to ask people to donate money to help fund their election campaign.

If Bell does run to try to be the Buckingham MP and he decides that crowdfunding indeed IS the way to help fund his chauffeur driven door to door election campaigning. I don't know of any (certainly not me!) but surely there must be some investors, former investors of Red Rock, Regency mines or POW who will help fund his election bid?

Yes booboo, RGM is a mess, it looks hopeless here.

On another topic, yesterday i asked poster Hawaii if it was him who posted an hilarious RGM Hitler video a few years back and i've found Hawaii's hilarious RGM video. Just watched it again and it is still hilarious. I recommend all aware of Red Rock, RGM, Paul Johnson, the woes of the RGM coal to watch it. Like i say it's hilarious. :)

https://www.captiongenerator.com/629212/Regency-Mines-update-July-2017-Hitler-reacts

RGM down 11.76% today. Curzon down 21.05%. I believe since Scott Kaintz became CEO of Curzon they've lost 75% off it's share price. He's is also a disastrous CEO at RGM.

I believe the original £575,000 that RGM's Scott Kaintz and (then) Andrew Bell invested in Curzon energy, is today worth around £40,000. Of course with Scott Kaintz CEO of Curzon that £40,000 is sure to get smaller.

Hi Booboo, it's good they are aware.

In my opinion they would be crazy to hand debt ridden RGM money because it's clear to most PI's that RGM are a joke outfit and their main aim is to somehow keep their wages coming in. And after all these years of non activity, it's clear RGM management aren't really serious about Mambare instead they only dredge up it's name when they've lost fortunes and come to the end of the line with their recent disastrous investments. So even for RGM JV partners it's a definite steer clear!

you can see the company were once again lying, trying to sucker honest PI's in over RGMs dead Mambare asset. I believe it's 8 or 9 years since anything was done at Mambare. I also believe the Papua new guinea long rainy season kicks in around November/December and lasts until around April, so if no Mambare exploration soon takes place then there is no chance of it happening for many many months.

Here's is what was said in the RGM 24th July Strategic review rns:

"Currently, the ONL JV awaits renewal of its exploration licences for Mambare, having recently renewed for the prior two-year period June 2017 to June 2019, only in Q2 2019. A work programme was put forward for the 2019-20 programme to the Mineral Resources Authority ("MRA") in Papua New Guinea.

Current plans sent to the MRA include a revised ground penetrating radar ("GPR") work programme, estimated to complete in the second half of 2019. To date, track and road clearing to support this effort has been largely completed with some bank cutting remaining. Spot gravelling and stump removal is scheduled for later this summer utilising heavier earth moving and bulldozer equipment. The two existing exploration camps have been put in good order and additional telecoms equipment is being installed.

GPR walking is now, subject to JV funding, scheduled to start by September"
............................

Considering this company has huge debts, garbage assets and woeful management, then no matter how low this share price goes it is still not enticing. So a definite steer clear company.

In this video from March 2018 https://www.youtube.com/watch?v=eC3EWHcU2ug Andrew Bell and Scott Kaintz were bragging that Red Rock would have (by May 2018) a cash position of around £3.5 million. Yet within months that £3.5 million had quickly gone. Out of that money they could have easily paid back their £1 million CLN (it's due in Dec 2019) but instead they made a bizarre disastrous £1 million loan to Steelmin: no doubt in the forthcoming final results RNS , buried deep deep down will be a quick mention they've written off that approx £1 million Steelmin loan. Year after year Andrew Bell and his useless RRR sidekick Scott Kaintz make incompetent costly RRR business decisions and and yet they keep their cushy RRR positions. I'm quite sure both Bell and Kaintz absolutely love that they have large RRR shareholders who seem so weak.

Lastly, unless RRR CEO Andrew Bell's changed his mind i believe he's soon to be going on a 5-6 week election campaign to try become the Brexit party MP for Buckingham. It seems unlikely that he will be giving up his RRR employment to pursue his narcissistic fantasy. Then again why would he give up his RRR position to pursue his fantasy when he knows he can trample over the larger subservient RRR shareholders?

Hawaii, i think it's unlikely that Johnson still holds.

Back in Feb Johnson and his wife held near 40 million RGM shares but since then RGM have over 1.5 billion shares in issue and so he would've been diluted well under 3%: and from my understanding (i believe Stephen Pearce said it) if somebody dips below 3% because of dilution then they don't have to declare it. So because of that i think he's long since sold up.

By the way whenever i see your name i think of a funny H*tler video. Did you years ago post a funny H*tler video when he had bought some RGM shares and he was going beserk? Or do i have you mixed up with another poster?

https://www.metalbulletin.com/Article/3902025/Miners-make-further-sharp-cuts-to-manganese-ore-offers.html

Looks like the manganese price will fall further when Jupiter update their website on Monday. If the low manganese price continues i wouldn't be surprised if the Jupiter share price is near 20 cents come the end of the year.

Here's an extract from today Jupiter mines half yearly RNS:

"The cost of production remained steady throughout the period, averaging ZAR31.60 ($3.14) per dmtu. (HY2019: ZAR29.38; $3.03)."

https://www.jupitermines.com/projects/tshipi/manganese-price-information

The price was $3.30 last week. It was $3.59 before that. It was around $7.50 per dmtu in early 2018. So absolutely no surprises that the Jupiter share price has also been tanking lately.

If the £1 million cln RRR lenders roll it over for yet another year then that in my opinion would be plain reckless. In my opinion they should make RRR cash in some Jupiter shares and pay them back while they can. Just plain stupid to roll it over for another year.

https://www.jupitermines.com/projects/tshipi/manganese-price-information

The manganese price was around $7.50 approx 18 months ago. So i think we all agree this manganese price slump is pretty worrying?

Helpful i believe you have said in the past you are a financial advisor. Do you seriously advise clients to invest in MYN, ADL, RRR, RGM, CZN, POW? To most people they are some of the most garbage companies out there.

I also believe you've said you are the one who arranged the £1 million CLN that was rolled over with RRR last year and it is now due to be repaid on 19th December. In my opinion it would be utter madness if you rolled it over for another year. Remember last year you said you were only rolling it over because you thought RRR had £3.5 million cash and it could be made to better use by AB (like overseas bank accounts) instead of paying you and your clients back. So now that money has long disappeared it would be utter insanity to roll your £1 million CLN for yet another year.

"So out of all of their investments over the last 3 years totalling £5M only CZN (£50k) and the battery storage business (£50k) remain"
..........................
Yes plus RGM being millions in debt it looks absolutely awful here.

I urge PIs not to get suckered in by the nickel Mambare ramp. The 29th March Half yearly report said:

"In Papua New Guinea, capital was largely unavailable to progress operations with the Company's joint venture partners during the period. However, application for the renewal of the EL1390 exploration licenses encompassing the project were submitted to the PNG authorities in early March 2019, and the accompanying Warden's Hearing is scheduled for late April 2019"

The 24th July Strategic review RNS said:

"Currently, the ONL JV awaits renewal of its exploration licences for Mambare"
.................
RGM still haven't rns'ed to say whether they lost the Mambare license or if the license got renewed. Either way come December i believe the long Papua new Guinea rainy season kicks in. So that means if nothing happens by December then it will be a wash out at Mambare until well into next year. So i urge PIs not to get suckered in because RGM have meagre near worthless assets + an awful management team + RGM are millions in debt. So what an awful combination.

Are you part of the RGM CLN that is due to be repaid May 2020?

Also another missing RNS from 26th May 2016. Note Westport Energy eventually changed their name to Curzon. A couple of RNS extracts:

(1) "Regency to initially subscribe for 21,875 shares of £1.00 each of Westport at a price of £8.00 per share for total consideration of £175,000 in a pre-IPO funding; Westport shares subsequently to be divided into 100 ordinary shares of £0.01 each"

(2) "Regency to receive additional Westport shares at IPO in payment of a 7% fee ("Fee") to be taken in shares in Westport in consideration of its entering into a one-year lock in on IPO Subscription and Fee shares"
...............................

So the initial £175,000 investment netted RGM 21,875 shares. 17 months later upon listing they had turned into 2,187,500 CZN shares. And with the additional £400,000 investment RGM received 4,280,000 CZN shares, which included the 280,000 extra shares because RGM were locked in for a year.

2,187,500 CZN shares
+
4, 280,000 CZN shares

= 6,467,500 CZN shares
.................

Of course only worth around £50,000 today. The Curzon Energy CEO seems absolutely useless. Of course the Curzon Energy CEO is also the CEO of RGM. So looks absolutely terrible here.

Booboo, like many RGM rnses the 27th September 2017 doesn't show on this forum. But here is an extract from it:

"Regency subscribed £175,000 for shares in Curzon in a private pre-IPO funding round in 2016 and is following that investment with a further £400,000 at the IPO. As part of Curzon's listing, Regency also received additional Curzon shares as payment of a 7% fee on its IPO subscription. Post IPO and including fee shares Regency will own 6,467,500 shares resulting in a 8.28% stake in Curzon"

Bruce Edwards lent CZN $100,000 on 1st September 2017 and this is due to be repaid on 1st October 2019 (so on Tuesday). It also says Bespoke Capital Solutions lent CZN £100,000 on 26th June 2019 and this again is due to be repaid on 1st October 2019. It says the £100,000 loan was secured against 100% of the Coos Bay assets. Yes for ages CZN have talked about a possible partnership with Pared Energy but at present CZNs only asset is it's Coos bay asset.

Last year CZN rnsed that Coos bay was uncommercial and basically a flop. So that they secure 100% of it's Coos bay assets to get a £100,000 loan is unsurprising. The lender wants to hope they get paid back the £100,000 because i doubt they would want to be lumbered with the worthless Coos bay asset.
.............................

Also in yesterdays RNS it was interesting to see the differing company outlooks from the chairman John Mcgoldrick and CEO Scott Kaintz.

McGoldrick's company outlook:

"The Company's near-term goal remains focused on completing due diligence and finalizing a transaction with Pared Energy to participate in the Texas Gas Project. These interim accounts also demonstrate the progress made in the Company's cost-reduction efforts over the past year"

Scott Kaintz company outlook:

"The Company's focus remains on maximizing value in its existing Coos Bay coal bed methane project, while progressing a potential transaction with Pared Energy for the acquisition of an interest in the Texas Gas Project and participating in a drilling campaign in Texas.
Additionally, the Company continues to assess additional oil and gas opportunities on an ongoing basis. While progress to date has largely occurred behind the scenes, we look forward to delivering on such initiatives in the near term"
......

Scott Kaintz was taught everything by Andrew Bell, which is to promise the world and say anything to lure you in. Do NOT trust the guy. Months ago he did an interview saying two wells were about to be drilled but that was a complete lie and never happened. This is a bad bad company were death spiral company YA Global own near 50% of it: so i'd strongly suggest to steer clear.