The current Regency mines market cap of £3.5m has no relation to the assets of the business.
Regency have a diverse portfolio of assets covering different commodities and jurisdictions. A portfolio that offers significant opportunities and manages the potential risks associated with businesses that have one business in one area.
The following graphic indicates the diverse nature of the business, its potential and the minimum expected revenue.
The slight delays to the coal projects are just that. A much larger deal is anticipated from that previously envisaged.
We know Legacy Hill have been carrying out due diligence. We will soon know the partners involved in the bigger project deal.
Rumours are circulating that a large coal deal is about to be announced. Longterm Regency shareholders await the news with anticipation.
The share price will react on the coal news and the bashers of the stock will disappear into the either.
We then have the following news coming:
1. Conclusion of the deal from the HHL shares sale to Alba.
2. Mambare Nickel/Cobalt News.
3. Motzfeldt news.
Regency Mines market cap will then IMHO be much higher than the current £3.5m.