Reabold Resources Share Discussion Threads

[duckdown] 19/2/2018 19:20

Guys is the Colter drill a definite or reliant on consent from the local authority?

[dandadandan] 19/2/2018 16:34

Well said Malcy.

Now what about the fake RBD news brigade.
What will they try next?

GLA.

[soultrading] 19/2/2018 14:03

Whiskey, Painkillers & Speed
‏
@FallujahRecover
5m5 minutes ago
More
Malcy on a heavily discounted #rbd raise.

"Absolutely no chance!"

Starts at 33.35

[cashandcard] 19/2/2018 09:53

iLeeman,


Agreed. Cannot wait for Colter ops to begin.


Cash

[ileeman] 19/2/2018 09:47

BOIL paying £840k for just 15% of Wick.

RBD paid £1.5million for 5 licences Colter/Wick/Oulton etc etc

Makes our deal look better and better.

[dandadandan] 19/2/2018 09:42

Baron Oil moving in as well.

It must be time to remove those rumours and prove you are worthy at RBD.

Watch out for the riggers moving in to Bournemouth.

Many know that the Weald also holds many riches which will gradually emerge.

They are all jockeying for a position.


GLA.

[croasdalelfc] 19/2/2018 07:44

Corfe have farmed our part of the Wick Prospect which means the drills are fully funded

[dandadandan] 18/2/2018 10:13

Dan Levi 31st Jan 2018.

Is that where the rumour starts?..

Get your facts right.....

GLA.

[dandadandan] 18/2/2018 09:52

Is someone starting rumours on LSE to hold this down?
They have over £2.7m in the bank by my reckoning.

Walk and talk before you run and prove your ability. Firm things UP.
(There are too many AIM companies with there will be more jam tomorrow, principles).

Even so, we are expecting an RNS soon on progress.

If they were to do another future placing ( it has not been long after that last one?), lets hope that they give the PIs and existing shareholders a chance to join in.
It would have to be something very special, IMO.
Check out Primary Bid and other crowdfunders for cheaper $$$$$$$s.

Funny how rumours start over the weekend, when everything is closed.

Watch this space.

GLA.

[turbotrader2] 17/2/2018 20:34

What's this placing malarkey

[isaseeya] 17/2/2018 16:59

Looks ready to EXPLODE somewhere between 2.7p and 9p :-) :-) ;-)

[dandadandan] 17/2/2018 09:12

Check them out here.

Unrisked 9p+




GLA

[cashandcard] 16/2/2018 08:45

Nick Rubens,


The main operations coming up in short term will be drilling of the Colter prospect. See post 315 above for detail. Its lower risk, high impact and perhaps one of the most exciting prospects to be drilled near-shore UK. I'm pretty certain, rig will be visible from Bournemouth seafront. Happening in H1.

Balance Sheet, they raised £5.72mln, of which £1.5mln was invested into Corallian (giving them an interest in Colter, Wick, Oultan and several other prospects). Recently, it was announced Corallian intends to increase its interest in both Colter and Wick, so it looks like RBD will have to spend a little more to maintain their stake in Corallian. Prospect is just south of the giant Wytch Farm oilfield, into which any development of Colter will almost certainly be tied into.

Then they invested £1.5mln in Danube Petroleum, with upto 4 wells to be drilled later this year, perhaps early next.

On the face of it, they look to have £2.72mln, which will reduce a little when they partake in the Corallian raising. But, leaving aside any further acquisitions, that's a decent cash position as running costs are low.


Cash

[nick rubens] 16/2/2018 08:26

Thanks for the feedback to both of you, just taking a more closer, in depth look.

[gibso6767] 15/2/2018 19:00

Nick RBD have cash at hand , no further obligations re work in hand and I doubt there are very few others with as many fingers in puddings ( substitute Drill pipe , BHA, Drillbit and High CoS Well to be drilled )

[jsforum] 15/2/2018 17:30

https://youtu.be/RoMMRQTzNr8

[nick rubens] 15/2/2018 12:55

Can anyone give a brief round up of what RBD have in terms of upcoming operations and how many of them and what the balance sheet is like ahead of them?

cheers NR

[soultrading] 13/2/2018 11:25

UOG just announced by way of investor conference call the spud date as April/May.

[isaseeya] 12/2/2018 20:29

Up Up Up and away.

[soultrading] 12/2/2018 18:36

We should see further movement up as time to drill is soon and iLeeman mentions there is so much potential and a tiny current market cap.

[soultrading] 12/2/2018 18:20

market cleared a lot of sells which is great moving forward. Now it stands a chance of hanging on to the highs.

[ileeman] 12/2/2018 17:31

Market sleeping.

"Colter Net NPV to Corralion: £153m (58% CoS)
Wick Net to Corralion: £126m (30% CoS)
Oulten net to Corralion (100% WI): £132m (64% CoS)
and Romania well alone worth 5p net to RBD"

[croasdalelfc] 12/2/2018 12:07

New faqshttps://reabold.com/investor-relations/faqs/

[soulsauce] 12/2/2018 11:04

Well the investment from Tune would suggest the capture of the Sarawak assets is not far away and could put a fire under the share price Very little in for assets given cash position.

Sorry for O\T.

[cashandcard] 12/2/2018 11:01

soul,


Not yet, but its very much on the radar.


Cash