Reabold Resources Share Discussion Threads

[ileeman] 24/10/2018 17:22

Complete VG-3 production and then should get update on Monroe you would think, anyday now. Maybe they want to drill more on VG-3 before Monroe who knows, either is good.

[luckyman3] 24/10/2018 17:13

VG-3 should be on production by the weekend at the latest.
So i expect an RNS next week to say how much barrels are we producing in total.

[ileeman] 23/10/2018 12:53

Tweet out from Reabold.

"Progress continues at #VG-3 as #Reabold looks forward to full scale production from its first drill target #RBD #OOTT #AIM #Cashflow"

Great to see things happening, price should be much higher but that is investing, patience will pay. Get Monroe Swell drilling and then I am sure market will wake up.

Monroe Swell then Grizzly then Wick, either one of these sees share price 50-100% up....multiple success then this goes into orbit.

[soultrading] 23/10/2018 12:37

the first of the background buyer now showing (2 million buy) - more to come.

[soultrading] 23/10/2018 11:01

Background buyer.

[ken chung] 23/10/2018 08:18

0.5p soon.

[luckyman3] 23/10/2018 07:24

We will drill Monroe Swell this year but not Grizzly Island.imo

[luckyman3] 22/10/2018 18:59

Not long now.
More good news from California this week.

[ileeman] 19/10/2018 23:21

Still early days with RBD although UK drills taken longer than expected everything is about to fall into place soon enough. Lets not forget share price IPOd/opened at like 0.4-0.5 so a very good run by any standard.

Reason this is not much higher is because obviously there has been a few raises (although great price/cornerstone funding) still means we had to slosh through a lot of retail shares...now cleared and now with a major cash position with drills around the corner we are entering that high growth stage.

UPL has had a great run no denying that but a huge amount on the line just on Wick success, same with BOIL, if Wick does not come of for them share price will get battered. Beauty of RBD is risk has been diversified between many drills with more assets/drills lined up (12+ drills over next 12-18 months), most investors in RBD will just shrug off a drill failure as another drill will take place straight after.

If you want to protect capital and limit risk/downside then no other play beats RBD imo

[divmad] 19/10/2018 20:48

Some people understood RBD's strategy way back then, and invested. Myself included. Not one of my best investment timings. UPL, on the other hand, has been one of my better ones. Not the best by a long chalk, but good.

[chorus1] 19/10/2018 20:43

Given that RBD in its current form has only been in existence for 12 months, I'm not quite sure what comparison you're trying to make?

[divmad] 19/10/2018 20:38

Only problem with your thinking is that RBD has flat-lined over the last year of a super bull run in O&G shares, and UPL has gone up from 1.4p to 3.8p.

Lots of planning, lots of diworsification, but precious little value-added for shareholders, so far.

[grannyboy] 19/10/2018 18:37

When I started researching which oiler to invest in between RBD, UPL, BOIL, I chose RBD because they have positions in Wick..Coulter..And Cali, not to mention the potential in Romania, and any new assets...So it was a no brainer...

[luckyman3] 19/10/2018 16:58

Reabold is the best bet of either Barron or United as far as i am concerned.
We have 5 more drills in the next 5 months and if any of them come good it will be a game changer for us.

[ileeman] 19/10/2018 11:54

Looks like rig is being moved to Wick, so presumably about to drill that. Good news and that means Colter looks on target to drill near term aswell which is even better news.

No one is really talking about California drills which is suprising considering the chance of success is so high aswell as the NPV. Perhaps market waiting for a RNS deadline.

I notice aswell most of twitter is talking about UPL and BOIL on Wick, not suprising considering they are worth so much more value to market cap on success compared to RBD but that being said basically everything is on the line on those companies if Wick fails for them they have limited cash and not much to fall back on.

I will take RBD very low risk spreadout between multiple drills, over one and done drills any day of the week especially in this market.

[luckyman3] 19/10/2018 06:37

loading up ready for our next RNS which should be that West Brent is exporting oil.

[ileeman] 18/10/2018 13:56

More delayed buys at full ask.

Someone is loading up, perhaps one of the funds buying more open market.

[luckyman3] 17/10/2018 17:32

nice big buy at end of today.
Paid.85p

[cashandcard] 16/10/2018 11:06

iLeeman,


Yes, he is a big name to associate with this company.


Cash

[ileeman] 16/10/2018 09:47

I think investors are going to be nicely suprised by the new assets they announce, dont forget they have appointed a big hiter or knows his sht (excuse my french).

'Marcos Mozetic, an exploration geologist, brings over 41 years of international technical experience in the oil and gas industry to the Company. His most recent experience was in designing, implementing and leading Repsol S.A's exploration strategy between 2004 and 2016. During this period Repsol become a leader in reserve replacement and participated in some of the most exciting discoveries worldwide. '

[luckyman3] 16/10/2018 08:41

Up she goes
Slow and steady.
Will leap up with next RNS

[ileeman] 15/10/2018 16:29

Premiums paid and literally no stock available below 0.8p.

Last couple weeks we have flushed the weak holders, news has to be close on multiple fronts. Will be an exciting time for the company.

[chorus1] 14/10/2018 14:29

Ha you cannot be serious?

[jimjam5] 14/10/2018 12:14

And the cali assets are about to come on line giving a direct income stream to rdb