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

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 shareholders question that has been sent to Share Talk. 

1 - Could you explain the terms of the loan, and how that works?

2 - Is the loan for the acquisition of a currently operating Met mine?

3 - How will the loan be repaid, will it be from coal mine operating revenue?

4 - Will RGM need to finance any more to purchase the coal mine?

5 - Will Legacy Hill and RGM take regular management fees/ cash dividends from the operating JV company?

6 - Will the coal mine provide RGM with enough working capital to cover ongoing plc activities?

7 - Will any coal mine operating profits be used to acquire any more coal projects?

8 - What is the ultimate plan for MET? Sell the company, public listing?

9 - Does the coal mine have all the required plant/ machinery and staff?

10 - What's happening with the Rosa project?

11 - Can you provide a brief update on Mambare?

12 - You recently announced a small investment in energy storage company, Allied Energy. Can you provide any information about this investment?