Reabold Resources Share Discussion Threads

[ileeman] 03/1/2019 11:47

Worth noting on our first VG-3 well we hit 1p now we have 2 VG wells.

[soultrading] 03/1/2019 10:35

buys starting to show up, don't be fooled as the option to buy sub .75 won't be here for much longer, it will jump to .8 fast enough - once background buys are filled.

[grannyboy] 03/1/2019 10:27

alamaison where do you get the 6bopd figure from? Is it just a figment of your spitefull imagination?..

[soultrading] 03/1/2019 10:22

Looks like there is a rather large buy order in the background here.

[alamaison5] 03/1/2019 10:13

Congratulation! You've just ad up 6bopd a day.
And the share price is...down, lol.
Back to .6p in no time b4 result.
Who would want to be in here b4 the next result?
24% chance of success:-]. Better odds in the casino...
xxx

[ileeman] 03/1/2019 09:53

Dont think it is any surpise from Apple over priced and you are not really getting anything new model to model. People are switching in droves to android...they can paint it however they want to.

[cashandcard] 03/1/2019 09:49

soulsauce, iLeeman,


I was reading US market stats on CNBC and its clear there have been large net outflows from markets everywhere. That's folk cashing in what they have and only small sum of that returning to the markets. There is considerable worry, especially with the recent ten year market highs, change in monetary policy in full swing and competitive trade situation. Just look at Apple late announcement yesterday, sent shivers through the markets saying their earnings downgrade is down almost entirely to China. It will be interesting how the markets react to that over the next few days/weeks.

As for smallcaps and the speculative surge prior to field/drill activities, those days are long gone as burnt out investors/PI's are voting with their hard-earned funds to be more cautious or not to return at all. What you have left is a miniscule hardcore of longtermers, mostly traders and perhaps some insti's.


Cash

[ileeman] 03/1/2019 09:41

@Soul

Markets are different to what they were a year ago, you do not really see that pre drill rise anymore the best you can do is limit the risk.

Wick has a relatively low chance of success if it is a failure then RBD can just go straight into the next, Monroe and Colter will be drilling next 2-4 weeks.

On a good note company has been further derisked today and with another success at Wick or Colter you can expect we will never see another placing again.

[theaviator] 03/1/2019 09:10

Yep v true. Happy to wait.

[soulsauce] 03/1/2019 09:10

Think lots are risk off at the moment awaiting the Wick result. Same has happened with UPL, plenty of excellent news but hardly moved the share price

If Wick comes in there is lots of ground to make up at both, if it doesn't the downside is limited from here on both.

[ileeman] 03/1/2019 08:58

Figures will be similar to VG3, not huge and our smallest drills but costs are extremely low highly profitable and couple that with extremely low admin costs.

California assets have already paid for themselves and more, Monroe Swell and Grizzly Island will not be far off worth $150-$200mil to RBD.

[trulyscrumptious] 03/1/2019 08:50

So down it goes!

[theaviator] 03/1/2019 08:24

Dan you have time for Tunisia imho 2020!

[theaviator] 03/1/2019 08:22

Yes but we still waiting for figures!?

[ileeman] 03/1/2019 07:59

Well done.

RBDs second success, price surely cannot stay below M&G 0.85p price for long.

[5chipper] 03/1/2019 07:48

Jolly good :)

[grannyboy] 03/1/2019 07:42

This is interest...

The well was drilled safely and within budget to a total depth of 4,700ft and had significant oil and gas shows on the massive formation."

Both oil and gas, like the VG-3 well, but this is intersting...'MASSIVE' formation....

[dandadandan] 03/1/2019 07:26

RBD not RDB. oops!

Now also keep an eye on UPL, the Tunisia gas is massive.

GLA.

[dandadandan] 03/1/2019 07:24

There we go US news from California.
That is a fantastic start to a very eventful RDB year.

Well done S & S keep it going. The income streams are starting to flow nicely.
The M & G team know that this duo are going to make a lot of money for them, that is why they invested recently.

Get ready for WICK next.

Tick this UP.

GLA

DDD

[soultrading] 03/1/2019 07:11

RNS RNS : great start to the year - well done Reabold. 2019 multibagger

[dandadandan] 02/1/2019 08:47

Light the WICK as the drill continues.

Just get ready for some US news first..

GLA.

DDD.

[ileeman] 31/12/2018 15:55

Yup should get VG4 results this week, VG3 VG4 will bring us to $3-4million net Reabold per year at current oil prices but I expect oil prices to rise higher soon enough.

Got a feeling Wick results will come in early before the 10th imo would be great to see it come off but not expecting much, Monroe will be drilling in the next couple weeks and Colter will be drilling late January.

Rathlin construction started, Newton could be drilling much sooner than people anticipate.

Here is to a good new year.

[luckyman3] 31/12/2018 14:49

First up will be West Brent on either Wednesday or Thursday RNS. imo

[gunsofmarscapone] 31/12/2018 12:03

Good plan, riskier but plumply funded. Quite unlucky to be participating in the riskier well as a first shot. Reservoir quality remains the priority risk.

This weekend should see us well into the first, secondary target. Possibly even into the primary. Any shows should appear in the share price next Mon, Tue or even this Friday.

Aberdeen in-crowd will be the first to know, followed by the proletariat ie us!

[theaviator] 31/12/2018 07:51

Just a few of them mate for a bit of interest.