Andrew Bell, Chairman, Regency Mines PLC (AIM:RGM) Podcast

 

We interviewed Regency Chairman today about the JV with Legacy Hill Resources and Loan Agreement, Company Signs US$1,600,000 Loan Agreement RNS update. In this podcast, we ask 12 key shareholders question that has been sent to Share Talk.

  •  Could you explain the terms of the loan, and how that works?
  • Is the loan for the acquisition of a currently operating Met mine?
  • How will the loan be repaid, will it be from coal mine operating revenue?
  • Will RGM need to finance any more to purchase the coal mine?
  • Will Legacy Hill and RGM take regular management fees/ cash dividends from the operating JV company?
  • Will the coal mine provide RGM with enough working capital to cover ongoing plc activities?
  • Will any coal mine operating profits be used to acquire any more coal projects?
  • What is the ultimate plan for MET? Sell the company, public listing?
  • Does the coal mine have all the required plant/ machinery and staff
  • What’s happening with the Rosa project?
  • Can you provide a brief update on Mambare?
  • You recently announced a small investment in energy storage company, Allied Energy. Can you provide any information about this investment?

 

 

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