Reabold Resources Share Discussion Threads

[letmepass] 29/9/2017 17:30

Nice volume today... Solid management team with a plan... Expect big things here

[alexios1201] 27/9/2017 06:11

Energy Fund took £1.5MNot going into the weak hands

[euclid5] 25/9/2017 10:48

Market is aware of this it's for the £1.5m

so another 300m placing shares plus £3.96m of 792m plus existing 394m = 1.486B shs

"To enable the Company to undertake a further placing of up to £1.5 million to meet this additional demand from investors, a general meeting ("GM") of the Company is to be held to obtain shareholder approval to renew the Directors' authorities to allot shares for cash on a non-pre-emptive basis"

[tidy 2] 24/9/2017 12:57

Placing coming here guys. Gang on twitter are taking part so are pumping it.

[fillipe] 22/9/2017 10:38

Folks don't seem wild about this one.

f

[euclid5] 20/9/2017 21:42

the Company is proposing to appoint Sachin Oza and Stephen Williams, currently consultants to the Company, as Executive Directors in due course and subject to regulatory requirements. Sachin and Stephen ("the Proposed Directors") have, respectively, 15 years' and 14 years' experience in the energy sector

[euclid5] 20/9/2017 21:40

Guinness Oil & Gas Exploration trust, nicknamed 'Goget'

Sachin Oza, who was due to manage the trust alongside Stephen Williams, said the firm was considering other structures for the investment strategy, including an 'open-ended' fund which can issue unlimited units and is not listed on the stock exchange. They are also considering a closed-ended structure.

The planned trust had sought to capitalise on increased acquisition activity in the exploration space. This involves oil majors, large oil services companies and private equity firms snapping up high quality, pre-cashflow oil and gas assets owned by smaller, or junior, exploration companies.

Goget was set to invest in 15 exploration companies at launch and planned to grow to 30 positions during its lifetime. The portfolio was due to focus on assets located around 10 distinct basins, which the managers had identified as high quality.

The managers, who joined Guinness last year from M&G, spent the past four years identifying assets that were ripe for deals and plan to take an active approach, putting exploration companies in touch with potential buyers.

hxxp://citywire.co.uk/investment-trust-insider/news/goget-gets-nowhere-as-guinness-pulls-oil-and-gas-launch/a1000413

[qs99] 18/9/2017 12:11

1p this week at this rate IMO

[qs99] 18/9/2017 09:02

off again today, really looks like it wants to head to 1p, great momentum...GLA

[fillipe] 14/9/2017 10:25

Best bid ask on offer L2.... 0.35p v 0.55p.

I make that a spread of 0.20p - 44.4r% of the mid-price of 0.45p.

Obviously it can be dealt inside the spread, but hey...lol!

f

[encarter] 14/9/2017 07:58

Placing yikes!

[tel11] 14/9/2017 07:37

massive drop this morning,:-(

[qs99] 13/9/2017 16:54

yup ta, thought it was then read through all the RNSs thank goodness! interesting rise none the less

[apfindley] 13/9/2017 16:52

Well they've given up the 2% stake in the lithium asset, so what now? Why the rise? Or Is it just being pumped? Hope nobodys buying thinking it's a lithium play, as they clearly rns'd to say they've sold their minority stake. Possibly they have their eyes on another asset to buy into? Suppose news will Come soon. Take note also for lithium, we are expecting news for both AGQ and BNR within the next few days

[fillipe] 13/9/2017 15:33

comedy - yes, I also noticed that earlier today, on my reading the back-list of their RNS's.....thought it a bit odd at the time.

f

[tel11] 13/9/2017 15:12

someone bought 3pm sold 3.09 @ quick loss of £504 ??

[comedy] 13/9/2017 14:30

saw it yesterday..problem is they havent rnsed to say they have got back cash???

[fillipe] 13/9/2017 14:09

Top of the leader-board!

f

[fillipe] 13/9/2017 11:51

I took some recently as there appears to be interest in RBD. The metals category in which they are involved is currently much in fashion and likely to remain so well into the foreseeable future.

f

[cpap man] 20/4/2017 10:05

A research note by an Australian broker (on Plymouth Minerals) by the name of HARTLEYS has just come out and explains the potential and upside of the San Jose LITHIUM play in Spain, in which Reabold Resources (RBD.L) has gained an initial investment, with the objective of gaining a much larger interest later.

Announcement of a JORC resource, anticipated next month could move the shares seriously higher!

[cpap man] 19/4/2017 10:26

Yes 113mike

RBD are indeed currently illiquid but that could all change soon.

Remember that KOD were once illiquid too and then things changed for the better as all of us KODers now know!

[113mike] 19/4/2017 10:18

Doesn't say if the possible significant movement in the share price will be up or down?Are you in CPAP MAN?

[cpap man] 19/4/2017 10:00

AIM listed Reabold Resources [RBD] - Lithium Project Interest and Funding



Good morning,

I would like to alert you to the following RNS today from Reabold Resources (RBD.L).

Interest in Reabold and new project could move shares significantly in the coming weeks, given market response to other AIM listed companies with lithium projects and anticipated demand for lithium based electronic car batteries.


Reabold Resources has taken an initial 2% interest for £300K in the San Jose lithium-tin project in Spain and announced a capital raising of £367,500 at 0.5p.

Has right to earn a 75% interest by spending €4m over two stages, in a JV with ASX listed Plymouth Minerals.

Plymouth has reported in excess of 1.1m tonnes of lithium resource (non JORC). An updated JORC compliant resource is expected to be announced in May 2017 (including recent drilling). The deposit is open to the north, west and at depth and there is significant upside in the tonnage.

“Drilling confirms San Jose is a globally significant lithium deposit with potential to be significantly enlarged.”

Reabold Chairman Jeremy Edelman commented, “We see the San Jose Lithium-Tin Project as a potential company making investment going forward.”

Demand for lithium is estimated to double in next 7 years. Lithium could become the primary source of transportation fuel. Goldman Sachs believe ”lithium is the new gasoline.”




Best Regards,

Jason Robertson

Dowgate Capital Stockbrokers

[cpap man] 19/4/2017 07:40

REABOLD RESOURCES PLC


"Reabold" or the "Company"


Investment into Advanced Lithium-Tin Project in Spain.



Proposed Capital Raising of £ 367,500.



Reabold Resources Plc (LSE AIM:RBD) is pleased to announce that it has entered into an agreement to buy an initial interest in the advanced San Jose Lithium-Tin Project in Spain ("Investment") for a consideration of A$500,000 (approx. £300,000). The San Jose Project ("Project") is a Joint Venture between Plymouth Minerals Limited's ("Plymouth" ASX:PLH) subsidiary Tonsley Mining Pty Limited ("Tonsley") and Sacyr, S.A,, the IBEX 35 Spanish listed multinational infrastructures and services company. This investment is in line with Reabold's strategy to identify strategic mineral opportunities with the potential to add significant shareholder value.



To fund the Investment and for working capital purposes, the Company is proposing to arrange subscriptions totaling £367,500 for 73,500,000 new Ordinary Shares of 0.1p each ("Subscription Shares") at a price of 0.5p per share (the "Subscription") conditional on Admission to trading on AIM.



Highlights - San Jose Lithium/Tin Project:



· Plymouth has announced high-grade historic and current drilling intercepts including;

o 142m @ 1.2% Li2O from 67m

o 68m @ 1.1% Li2O from 91m

o 52m @ 1.1% Li2O from 18m

o 45m @ 1.0% Li2O from surface

o 34m @ 1.3% Li2O from 103m

o 250m @ 1.0% Li2O from surface

· Plymouth has also reported in excess of 1.1 million tonnes of LCE resource (Non JORC 2012). Updated JORC compliant resource expected May 2017 (including recent drilling).

· Exceptional metallurgy results - 97% lithium recovery achieved in first stage metallurgical testwork, using well understood sulphuric acid processing routes.

· Mineralogy confirms ore amenable to simple beneficiation as per previous historical feasibility study.

· Deposit is open at depth and along strike.

· Reabold is investing AUD $500,000 (approx. £300,000) for a 2.0% interest in Tonsley. £367,500 is proposed to be raised by subscriptions to fund the investment and for working capital purposes.

· Tonsley has the right to earn a 75% interest by spending €1.5 million for a first stage 50%, then €2.5 million for the additional 25%, which is being funded by Plymouth in the San Jose Lithium-Tin Project.



Jeremy Edelman, Reabold's Chairman, commented.



"With the current dynamics surrounding the fast growing European lithium market, the Company sees tremendous opportunity in this rapidly developing San Jose Lithium-Tin Project together with the Project's development partners as they continue to add quantum steps of value to the project through their experienced personnel and professional operational skills. We see the San Jose Lithium-Tin Project as a potential company making investment going forward. The Company and Plymouth Minerals Limited, the majority owners of Tonsley, will be discussing future opportunities between them on ways to co-operate on potentially increasing Reabold's corporate and operational involvement in this exciting San Jose Lithium-Tin project."

[silkstag] 22/3/2016 17:12

Funds raised at 0 5p valuing this empty shell at £1.6m which is 50% too much. The con goes on imho