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Regency Mines forecasts $30mln revenue for its US coal project by next June

Andrew Bell, chairman of Regency Mines Plc (LON:RGM), tells Proactive's Andrew Scott their 47%-owned associate Mining Equity Trust (MET) has forecast revenues of US$30.5mln for the ten months to June next year.

MET has just resumed metallurgical coal production at Cedar Bluff in the Central Appalachian region in Virginia.

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Price: 0.0375 GBX

LSE:RGM
Market: LSE
Market Cap: £568.84 k
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Regency Mines putting foundations in place for 'development and value'

Regency Mines PLC's (LON:RGM) Scott Kaintz and Ewen Ainsworth join Proactive's Andrew Scott in the London studio to discuss the recent refinancing of the firm's debt facility as well as the findings of the strategic review. Regency's refinanced US$1.254mln worth of loan notes through to July...

on 1/8/19

2 min read