Reabold Resources Share Discussion Threads

[nicosevos] 09/5/2024 11:24

Nice one Steel, thanks....
gla
Edit, I took the liberty to post on LSE.

[steelwatch] 09/5/2024 11:15

Not a new broker. Just that they've ditched Stifel Nicolaus as joint broker.

[currypasty] 09/5/2024 07:13

Reabold Resources plc, the investing company focussed on European energy security, announces that Cavendish Capital Markets Limited will act as the Company's sole Broker with immediate effect.

[archie222] 02/5/2024 20:12

C/S ... "prepayment potential would be almost €30m." (£24m). rbd 23.5% stake > £5.6m

Should be enough to cover some WN drilling ... of course, they would need permissions from the Italians first.

[uggy100] 02/5/2024 12:18

Quite right law. Yes welcome news but this project , as you say, is not going to provide funds for us for years. I expect Williams to be vague at the best of times so no shock there, even if he is telling the truth (highly unlikely).
I want the share price to recover strongly but find it hard to see how it will with the absolute dross we have running the show.
Tnt, don't really care what you think.

[likeawalrus] 02/5/2024 08:37

tnt the nay sayers which I guess includes me, want the share price to recover strongly but it's hard to believe a word this company says. today's rns is part of the process to get the CS ducks in a row which is good but there's a long way to go for rbd to monetise the CS investment, not least of all because LNe intends to reinvest profits in capex, it will be years before rbd makes money unless LNe has an IPO which allows rbd to sell shares

[tnt99] 02/5/2024 08:27

Share price needs to correct big time let's hope this is onwards and upwards and that the ney sayers on this thread go quite

[likeawalrus] 02/5/2024 08:07

my lse post

"The average forward Italian PSV gas price for the years 2025-2030 is currently approximately €30 / MWh."

so, not the Euro45 mwh they used in the October presentation to forecast E.11m-E.12m pa, strip out the 10% they don't own, scale it down to Euro30 mwh and Euro11m pa becomes Euro 6.6m pa

[tnt99] 02/5/2024 07:44

That's very promising now we need news on west Newton progress

[nicosevos] 02/5/2024 07:44

At laaaaast, something!!!!!!!!!!!!

[kwizza] 02/5/2024 07:18

Some good news this morning

[uggy100] 01/5/2024 19:27

We await our 2 idiots to update us.

[aslamqadri] 01/5/2024 19:06

Anyone has any idea about West Newton what's happening ?

[uggy100] 01/5/2024 18:37

The 2 scumbags seem very reluctant to step up to plate & drive things forward to say the least. They've proved to be disastrous throughout their stewardship. Market prices in failure & they just fiddle while RBD burns. Intolerable.

[likeawalrus] 01/5/2024 14:49

the rbd presentation said the new plan will cost £9.6m or £1.6m per 1/6 so Rathlin is about £3.5m short. RBD has £3.5m to spare so why hasnt a deal been done?

RBD promised to return £4m to shareholders, they spent £0.5m on buybacks so that leaves £3.5m to return to shareholders. well I say use that £3.5m pledge and do a deal... get WN drilled!

[currypasty] 01/5/2024 14:18

this was February

"Following the receipt of the final tranche payment from Shell for the sale of Victory in January 2024, Reabold now holds £9.1m net cash and is therefore financially well positioned to progress these key assets, as well as distributing excess cash to shareholders."



not a peep about the cash since

[currypasty] 01/5/2024 14:06

not looking likely, funding has only tightened since they first started looking...
call it a day, flog it and give cash back

[uggy100] 01/5/2024 14:03

Who else thinks Rathlin are unlikely to secure funding, especially after the Deltic disaster.

[steelwatch] 30/4/2024 15:16

Courtesy of xxnjr on the DELT thread:

[soulsauce] 30/4/2024 13:35

Agree Curry

[currypasty] 30/4/2024 13:15

hand the cash back, and wrap it up