Reabold Resources Share Discussion Threads

[cf456] 22/3/2018 13:28

All the big instis leading the way - Miton, JO Hambro and now Ruffer. With huge amounts of cash invested they'll be looking for a significant upside move from here.

Certainly a case of follow the money.

[cashandcard] 22/3/2018 13:18

Wow!

Ruffer are an absolute quality outfit. They managed funds for the royals. Exceptional ii to have onboard.



Cash

[bobby1904] 22/3/2018 13:12

Holdings RNS. Another 'institutional' investor alongside J Hambro with 5% of the co. shares!! Ruffer manage £22.7 billion of assets and they obviously like RBD!

[jungmana] 22/3/2018 09:00

The overhang should clear within a week or 2 imo. Good news on acquisitions and we will be over 1p easily.

[2prsimo] 22/3/2018 08:52

Not quite - there's still an overhang

[oilbuy] 22/3/2018 08:26

Going to blow

[cf456] 21/3/2018 17:36

---

"New institution JO Hambro £1M

MITON added £1M worth

Briliant
£5.7M still not accounted for

Will we see any other institutions?"

[cf456] 21/3/2018 17:35

Holdings RNS just out.

[2prsimo] 21/3/2018 16:00

Quite a bit of buying this afternoon - offer has firmed up

[ileeman] 20/3/2018 15:02

Institutional raise so I doubt most are looking to turn for a quick 5-10% although might get a little bit of overhang but should be relatively minor.

[pistonbroke1] 20/3/2018 14:53

Lets just hope those that took part in the placing hang onto them for a while this time and not offload for a small percentage gain or it will struggle to build.

[ileeman] 20/3/2018 14:42

Still offers great value here.

When new assets news lands I can see 1p+ fairly easily. UK asset or German asset look great.

And then Colter/Parta/Wick anticipation I can see this build towards 2p.

[cf456] 20/3/2018 13:49

"There is a window of opportunity open right now where we can access extremely high quality projects and crucially at a very low entry price.

It's also just as important that drilling costs and other operating service costs are extremely low at the moment as well.

When you combine all of those things together, this is an ideal opportunity in which to deploy capital into these projects and to deliver super normal returns that are not often available in the oil and gas space."

From 0:51

[cf456] 20/3/2018 13:41

The CEOs sound excited about the window of opportunity they see open at the moment:



Shareholders will certainly be pleased if they can deliver the "super normal" returns they talk about.

[cashandcard] 20/3/2018 12:45

Just bought some more. We should get some info/news on deals soon.


Cash

[cf456] 20/3/2018 09:57

Malcy thinks RBD is "really exciting" and thinks "we should see some fireworks from them":



From 8:45

[jungmana] 19/3/2018 20:43

You are correct there and more than half of that is in cash.

[5chipper] 19/3/2018 20:20

I calculate mcap post raising will be £19m

2.832b shares in issue (x) mid-price of 0.675p

[y1phr1] 19/3/2018 15:59

3,333,333. Unlucky means this is going to go up.

[1bluehorseshoe] 19/3/2018 14:28

Lol, not quite. Unless the starter was too much, the main course will last for months.Don't eat that crayon

[croasdalelfc] 19/3/2018 14:09

So Mcap is 15m from today with 9m in the bank