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Regency Mines' Andrew Bell thrilled with September MET coal sales

Andrew Bell, chairman of Regency Mines PLC (LON:RGM), updates Proactive London on September production numbers for the AIM-quoted firm’s 47% owned Mining Equity Trust.

MET sold 44,020 tons of coal for the month, achieving $1.95mln in total revenues.

The volumes came in below forecasts made in August, which were set at 59,250 tons for $2.69mln.

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Price: 0.0333 GBX

LSE:RGM
Market: LSE
Market Cap: £505.13 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