Reabold Resources Share Discussion Threads

[ileeman] 13/8/2018 11:48

I filtered I suggest others do the same.

I often find it strange how people can find so much time to deramp, they are not making much money if any...are they just retired with nothing better to do? are they that desperate?

I will never understand.

[alamaison5] 13/8/2018 11:48

RBD: Another 400,000 sell at .85/7p then you moving down to -4.5% instead of 2.8%.
Good luck...

[simonsaid1] 13/8/2018 11:47

LOL 'the more drilling the more risks'.

That is amazing, I will quote that as an example of how traders don't understand maths or statistics.

Let me try putting it in stupid internet trader language: Having additional individual risk exposures doesn't increase cumulative risk, it decreases it, because the asset base is broader. With 6 drills in 5 months, the effect of a single drill failure is diminished. This is what we mean by 'diversification'.

F me what a rookie.

[theaviator] 13/8/2018 11:42

Al, check the risked NAVs for a start! Then use gocompare and I bet you always go for the cheaper insurance but fail to read the small print. Its that merecat gets you every time eh?! - obvious you've been used as a crash test dummy before! lol Poor lad!

[alamaison5] 13/8/2018 11:41

iLeeman
13 Aug '18 - 11:23 - 1525 of 1526
I can understand traders selling pre drill results on a company that has one drill

The more drilling the more risks...DO YOU UNDERSTAND THAT?...

When SAVP will have finished drilling and start producing, THEN and only THEN, you'll see a price correction.

You invest, I trade. This is the fundamental difference between you and I.
I am surprised no one as spotted the difference yet, lol...

[cashandcard] 13/8/2018 11:40

alamaison5,


Different country, different risk profile for those assets. SAVP has early stage assets that will require substantial capital investment and are landlocked, they will have to truck, or build a pipeline for any significant production.


But how on earth are you comparing a high risk African explorer with a company that is Europe/America centred and only goes for appraisal stage projects, which can be quickly brought to sales/cashflow upon success?

I believe you have completely misunderstood the business model here.


Cash

[ileeman] 13/8/2018 11:38

errrr you know SAVP drills got delayed and you know they pulled off a bad funding deal/bad timing + you know market cap is £220million so drills have little impact individually.

As I said alamaison5 you probably made £50-£100 which is a lot of money to you and you are bad trader that buys and sells and ramps and deramps. You will not last long in this game unless you can find a strategy that doesnt include deramping the hell out of a thread 1. no one listens 2. no one cares 3. you are a nobody.

Filtered.

[alamaison5] 13/8/2018 11:34

Really iLeeman?

Check SAVP, successful drilling campaign and they've found plenty of oil.
Down from 34p. Now 26p...
Give me a break!

These rampers want you to buy shares to inflate the price for them to sell thereafter, cos they're stuck in there at a higher price. Crooks...

[ileeman] 13/8/2018 11:23

I can understand traders selling pre drill results on a company that has one drill but a company that has many drills seems silly to trade it to me, but if some make a few bob trading on the way up then fair play.

This only goes one way with a bit of patience.

[simonsaid1] 13/8/2018 11:21

He still hasn't posted a single criticism of the company itself, nor its projects or operations. Just banal share price comments. Makes me wonder if he actually knows anything at all about the projects on the ground, lol. So since he's invited a 'ramp', here is a recap of today's RNS.

Today's RNS revealed the 4 workovers have all been successful and are producing oil, now in cleanup phase and on track to hit their projected NPV of £10m. That's a third of the current market cap alone, on our absolute smallest project. Don't think I really need to say anything there!

It also revealed that the VG-3 drill in West Brentwood is about to start, with the drill site ready and rig now on its way over. Anyone familiar with US onshore oil will know how fast these teams work, so expect a very rapid succession of RNS's as operations get going. This is not a total wildcat drill, being updip of a previous producer. Spud this week, approx 2 weeks of drilling/cleanup etc.

Some sellers this morning presumably read '2 weeks' as their time to exit here to chase something else and buy back later. Anyone is welcome to try that. Not for me though - during that time the results from the workovers will come through, there is the ever-present possibility of another asset acquisition (given the large bank balance), and the buildup to Wick is getting going.

[ileeman] 13/8/2018 11:16

Thing is Simon people like alamaison5 are just trolls, they want to get under you skin thats how they get their kicks.

He probably made about £50-£100 trading on the way up and now is trying to deramp it lower to buy back in, sad really put that is how it works. They think they have an impact on a multi million pound market cap companies. Sad.

Good traders dont need to ramp sell out and then deramp, bad traders do. Thats why people like alamaison5 will never make it in this game.

[theaviator] 13/8/2018 11:10

To make it clear to you Al, we arent thinking in terms of 15 -20% nor are Sachin and Stephen I can tell you that.

[theaviator] 13/8/2018 11:08

He has made me chuckle anyway Simon. .75 eh? Lee, Simon, Bluehorse myself and others been in from .65 Al, and lower, and if you have made your money as you state here then you obviously arent too hot in the ol research department. pmsl

[alamaison5] 13/8/2018 11:05

Go and ramp somewhere else, it doesn't seem to be working here pal...
Price is down and going down.

[simonsaid1] 13/8/2018 10:49

Right buddy. So it's going to drop c17% just at the start of a campaign of 6 drills in 5 months. Which you know because 'reasons'.

Lol. What a wally.

At least we now see it was all to get in a weak crossramp. Into a wildcat African play, no less. Lol. Enjoy.

It's a shame these boards aren't moderated, LSE has actually gotten better for that.

[alamaison5] 13/8/2018 10:43

I have made my money on RBD...No lesson to take from you kids. Been trading since 1991...
And my portfolio is all blue.

Now holding over 35,000 in LEK. Waiting for CPR, production increase, AFR assets confirmed by Gov etc...
RBD is to me is the past and I have reinvested capital and profit somewhere else.
See you at .75p.
xxx

[theaviator] 13/8/2018 10:38

On Wick. https://www.sepa.org.uk/media/365888/fraser-well-management-exploration-well-supporting-doc.pdf

[theaviator] 13/8/2018 10:07

So toddle on over there Al. I do always wondet why these idiotic deramper types hang around. Got to wonder eh?

[ltinvestor] 13/8/2018 09:48

My advice is to filter him!

[simonsaid1] 13/8/2018 09:38

Lol anyone who talks about 'market maker appetite' for a share doesn't even understand how AIM works. Easy ignore.

He also talks about a '40% discount', even though none of Reabold's placings were at discount, and there has been vast churn in the last month meaning vast numbers of shares out there that were sold in the high .8s to the mid .9s.

Just another clueless bedroom 'trader' who makes no money (if he were making money he would probably be off trading at this busy time on a Monday morning, not aimlessly trolling which makes precisely zero).

Waster. Ignore.

[cashandcard] 13/8/2018 09:34

alamaison5,


Did you read the RNS? This is not wildcat exploration drilling. That is not RBD's business model.


"The VG-3 well is targeting the updip portion of a previously produced field identified on 3D seismic"


Cash

[alamaison5] 13/8/2018 09:30

AMER, LEK are next risers. But you little £3k buy wont affect the price.
So, no ramping really...

[ileeman] 13/8/2018 09:30

Added another 250k at 0.9p.

Trend is up, I dont mind buying the pullbacks. Colter and Parta is why I am invested, any drill that comes off between then, and there are a lot of drills, I am happy.