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Share Name | Share Symbol | Market | Stock Type |
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Reabold Resources Plc | RBD | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
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0.05 | 0.05 | 0.05 | 0.05 |
Industry Sector |
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OIL & GAS PRODUCERS |
Top Posts |
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Posted at 23/1/2025 16:27 by simon_64 At last I knew the shorter's were under pressure as they were shorting both UJO and RBD looks like they are throwing the towel in now, lucky I grabbed a few more on Monday and Tuesday. |
Posted at 20/1/2025 09:56 by nicosevos Heid@Heid_oil 13h#RBD Some interesting filing history for LNEnergy ltd All eyes on Colle Santo permits Persimmone ?!! Ya gone quiet mate |
Posted at 15/1/2025 21:03 by uggy100 Oza a director at LNe !!! He's proved to be utterly clueless at RBD he'd be of better use trying to get rid of that lieing scumbag Williams |
Posted at 15/1/2025 21:00 by uggy100 Maybe Oza should concentrate on RBD which, to date, he's proved to be absolutely use less at. I'm assuming he's a non exec ? |
Posted at 14/1/2025 23:38 by likeawalrus I'm not sure RBD can play hardball this late in the game. If RBD says "no we're not paying X", SRL could be granted the permit without an option in place. In this circumstance SRL could put itself up for sale to the highest bidder which could be Gunvor who know the license intimately, or ENI who have very deep pockets. Whatever happens, Frascogna has outplayed RBD at every turn. |
Posted at 14/1/2025 22:41 by likeawalrus uggy Ltd is burning through cash like it's Christmas - if SRL want payment for a new option, Ltd will go cap in hand to the 2 clowns, who will buy more Ltd shares to fund the purchase of the option. So expect an RNS late Jan early Feb stating RBD has increased its stake in LNe Ltd without telling us it's to fund a new option... |
Posted at 25/10/2024 07:02 by likeawalrus Who owns the 80% of SRL not currently owned by LNE Ltd?- Frascogna appears to be the owner They stand to make 11mm from the deal - are SRL paying their share of the costs to date or is this all being paid for by LNE Ltd? - no transparency on this but the £2.5m cash for LNe Ltd shares has been spent so my guess is that Ltd is funding everything (btw the most recent loan for shares deal included unpaid interest so expect another loan or share purchase - probably exercising the warrant) The funding by RBD into LNE Ltd: have the other 70-75% shareholders in LNE Ltd also subscribed for shares or have they just issued new shares and also sold shares to RBD (which now appear to have been sold ?) - the only increases have been due to RBD's purchases - document 13.06.23 shows 4 shareholders, Frascogna 200 shares Who owns the 10% of CS not owned by SRL. Is the owner of the 10% of CS also paying their way through the current process or are they carried by SRL/LNE Ltd either now or in the future? - weeks ago I emailed LNe SRL, I asked if the 10% owner was paying 10% of costs - no reply |
Posted at 24/10/2024 07:42 by likeawalrus Interims - 'In August 2024, agreed to further increase interest in LNEnergy Limited ("LNEnergy") taking Reabold's total shareholding to approximately 27.1% of LNEnergy's enlarged share capital. LNEnergy is the manager of LNEnergy S.R.L., the Italian company which has applied for the Colle Santo gas field concession'after today's RNS, Reabold has spent £2.5m cash and over 1 bn shares on just 29.2% of LNenergy Ltd shares. The latest purchase values LNe Ltd at over £24m and our 29% at £7m. Frascogna is the common denominator between LNe Ltd and LNe SRL, LNe SRL is the company applying for the CS permits. Interims - The prepayment is conditional on agreeing definitive transaction documentation and LNEnergy obtaining the required permits to construct and operate the LNG production facility and will help fund the development. note - end of year deadline If LNe Ltd cannot raise $11m by 01.02.25 to exercise the option to buy the 80% of LNe SRL that it does not own, LNe SRL may receive CS permits with no obligation to LNe Ltd. (although it's LNe Ltd that is negotiating with Gunvor for a pre-payment, if SRL obtained permits after the option expires I guess SRL could sell itself to a major ie Gunvor bypassing Ltd & RBD) imo this whole deal unravels for RBD & LNe Ltd if CS permission is not received by year-end. Of course LNe Ltd could agree a new option with LNe SRL and continue negotiating with Gunvor, but a new option could cost a lot more than $11m. Frascogna is a genius who has outplayed Rbd at every turn! |
Posted at 25/9/2024 07:56 by markfrankie Article above is correct But the market isn't interested in aired intentions from RBD as they have a long history of their intentions not matching their actions,Ujo have been pushing for WN action for years to no avail, I think RBD have been stuck in that old saying "never drill your best asset" the uk needs this gas, RBD are nothing without it, the RBD board will be removed for inaction |
Posted at 29/8/2024 16:41 by kim_clay According to LNE own filings.LNEnergy bought the option from SRL for 500k USD. Before RBD invested LNE had only raised 680k GBP, and had 250USD in cash and an option acquired for 500k USD.The LNEnergy shareholders including Price were given 1.5mm GBP in RBD shares for selling their personal shares to RBD.Price became a disclosed holder with 4.8%More recently RBD gave LNEnergy 900,000 GBP worth of shares (approx 4.7%) for new shares in LNE a TR1 should have been submitted by LNE.RBD currently show neither Price nor LNE as significant holders >3%.At some point LNE acquired 20% of LNE SRL , was this a purchase of new shares in SRL or a sale of SRL shareholders existing shares? Who are SRL's shareholders. So many Questiobs. |
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