Stock data
| Market cap. | £14.1m |
| Last close | 2.13p |
| High / Low (52 weeks) | 4.5p / 1.5p |
| Stock market listing | AIM |
| Forecast net debt (m) | N/A |
| Forecast gearing ratio (%) | N/A |
| Team | Resources - Mining |
| Sector | Mining |
Price performance
| % | 1m | 3m | 12m |
|---|---|---|---|
| Actual | 6.25 | (13.27) | (40.06) |
| Relative * | 11.47 | (6.14) | (34.12) |
* % Relative to local index
Other companies covered in sector
| Y/E Dec | Revenue (£m) | EBITDA (£m) | PBT (£m) | EPS (fd) (p) | P/E (x) | P/CF (x) |
|---|---|---|---|---|---|---|
| 2010A | 0.0 | (0.5) | 0.4 | 0.1 | 21.3 | N/A |
| 2011A | 0.2 | (1.3) | 0.8 | 0.2 | 10.7 | N/A |
| 2012E | N/A | N/A | N/A | N/A | N/A | N/A |
| 2013E | N/A | N/A | N/A | N/A | N/A | N/A |
Last updated on 30/04/2012
Latest research
Maiden resource estimate
Flash note | Mining | 26/04/2012
Coming into its own
Outlook | Mining | 24/05/2011
Investment summary
On 25 April Regency released its maiden JORC compliant resource estimate for the 50% owned Mambare nickel laterite project in Papua New Guinea. The announced indicated and inferred resource of 95m tonnes of ore grading 0.96% Ni and 0.08% cobalt contains 912,595t Ni was based on 3,790m of drilling over as little as 3% of the target plateau. Given the landholding left to be tested, we believe there is significant potential for upside in future resource estimates; historic non-JORC compliant resources point to a potential 400Mt resource that, at current grades, would equate to 3.8Mt of contained nickel.
Last updated on 26/04/2012
Industry outlook
Regency has also recently announced that it has filed for two new tenement areas in Western Australia: Fraser Range (gold) and Kimberly Downs/Ellendale North (diamonds).
Last updated on 23/04/2012
Key management
| Andrew Bell, Chairman |
Company address
| 55 Gower Street London WC1E 6HQ United Kingdom View website |
