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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Reabold Resources Plc | RBD | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.045 | 08:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.045 | 0.045 | 0.045 | 0.045 |
| Industry Sector |
|---|
| OIL & GAS PRODUCERS |
| Top Posts |
|---|
Posted at 30/1/2025 14:06 by simon_64 Reabold Resources PLC West Newton awarded AA rating for Carbon Intensity24/05/2024 7:00am RNS Regulatory News RNS Number : 7518P Reabold Resources PLC 24 May 2024 24 May 2024 Reabold Resources plc ("Reabold" or the "Company") West Newton awarded AA rating for Carbon Intensity Reabold Resources plc, the investing company focussed on developing strategic gas projects for European energy security, is pleased to publish the positive conclusions of a Carbon Intensity Study on the West Newton gas development, located within PEDL183 onshore UK in East Yorkshire, undertaken on behalf of Reabold and Union Jack Oil plc by GaffneyCline & Associates Limited ("GaffneyCline"), an international petroleum and energy consultancy. The report on the Carbon Intensity of the West Newton Field can be found at the following link: hxxps://reabold.com/ Reabold holds a ca. 56% economic interest in West Newton and PEDL183 via its 16.665% licence interest in PEDL183 and a 59% shareholding in Rathlin Energy (UK) Limited ("Rathlin"), the operator of the Joint Venture, which, in turn, has a 66.67% interest in PEDL183. The GaffneyCline study highlighted the following: · The West Newton project has an AA rating for Carbon Intensity for its potential upstream gas and condensate production, the lowest possible carbon intensity rating category on GaffneyCline's scale · The West Newton field has a Carbon Intensity significantly lower than the UK average and onshore and offshore analogues. It is also significantly lower than the average imported liquified natural gas (LNG), based on the NSTA Natural Carbon Footprint Analysis published in July 2023 · Based on the study, GaffneyCline estimates that West Newton could produce the equivalent of just 2.87 grams of CO2 per megajoule of energy developed (gCO2eq./MJ) · As the development proceeds and project knowledge increases, there is potential to improve the Carbon Intensity by further reducing fugitive, flaring and venting emissions and by gas-to-grid development, reducing on site gas and condensate processing, and using the shortest possible route to the National Grid Carbon Intensity Rating for West Newton Gas Development Concept A graph of energy efficiency Description automatically generated Source: GaffneyCline Reabold is focused on minimising carbon emissions and the environmental footprint of the projects it invests in, whilst continuing to develop strategic gas assets to secure domestic gas supply and energy security. The demand for energy is increasing and the challenge to meet the world's energy needs sustainably and efficiently requires managing and reducing harmful emissions. Hydrocarbons will continue to play an ongoing part in ensuring a secure and affordable supply of energy in the UK, while building the clean energy system of the future. Reabold believes that domestically produced gas is significantly cleaner and supports the drive to net zero greenhouse gas emissions more than imported hydrocarbons. Sachin Oza, Co-CEO of Reabold, commented: "Reabold takes its commitment to responsible hydrocarbon production very seriously and we are therefore pleased to publish the excellent results of the West Newton Carbon Intensity study. The AA rating demonstrates the low carbon credentials of the West Newton project and is an example of the opportunities available in the UK to power the country through lower carbon, home grown energy, rather than relying on expensive and more carbon intensive imports. "We believe West Newton is an important strategic asset to the UK as the country looks to secure domestic energy supply for secure and affordable energy, at a time when the country is exposed to potentially significant gas supply disruptions. The study proves that the operator, Rathlin, is a responsible hydrocarbon producer complying with best environmental practice to produce much needed UK hydrocarbons in the most efficient and environmentally friendly way possible. "Reabold is committed to the highest standards of environmental processes and we incorporate these responsibilities into our operational decision-making and investments." The Carbon Intensity study The Carbon Intensity study on the West Newton gas development project was calculated by GaffneyCline, using a tool called the Oil Production Greenhouse Gas Emissions Estimator ("OPGEE"), developed at Stanford University with support from GaffneyCline. This tool is used, amongst other applications, by the California Air Resources Board for regulation of transport fuel related Green House Gas ("GHG") emissions. The OPGEE tool selects parameters from a range of 'smart' defaults, however, these are not always optimal for specific fields. GaffneyCline was then able to harness appropriate parameters available from its proprietary Global database of Carbon Intensity evaluations for over 9,000 gas and oil fields, categorised with metadata for analogue field identification, and a classification system for recovery mechanism. Analysis of the results of this GaffneyCline study concludes that a West Newton gas development will have carbon intensities significantly lower than the UK average and compared to other onshore analogues. It is also significantly lower than the average imported LNG, based on the NSTA Natural Carbon Footprint Analysis published in July 2023. As recommended by the study, the gas and condensate development of West Newton will seek to further reduce the project's Carbon Intensity through the utilisation of the best available techniques, including Gas-to-Grid technologies and stringent engineering specifications to minimise any venting, flaring or fugitive emissions. West Newton Field Carbon Intensity versus All UK Fields & UK Gas and Condensate Fields (where the Base Case represents West Newton) A graph of a number of people Description automatically generated with medium confidence Source: GaffneyCline |
Posted at 20/12/2024 18:22 by solo4yous Reabold Resources' current share price of 0.04p may seem undervalued, especially when considering the significant potential within their key projects in Italy, West Newton, and the ongoing legal developments around Daybreak. A positive shift in any of these areas could spark substantial investor interest, leading to a strong increase in share price.First, let's look at the Italian gas project. With Colle Santo moving forward, approvals from major national bodies like the Ministry of Infrastructure and Transport (MIT) and key regulatory milestones being cleared, the project's future looks promising. As Europe continues to focus on energy security and reducing dependence on foreign gas, the importance of domestic LNG projects like Colle Santo becomes more apparent. If positive news, such as the final green light for development or new partnerships, is announced, the market could revalue Reabold significantly. Investors would likely recognize the substantial growth potential here, pushing the share price higher.The West Newton oil project also represents a major value driver for Reabold. As exploration continues and the UK's energy policies favor domestic production, this asset could become increasingly valuable. If further exploration results in a positive outcome or if significant oil reserves are confirmed, the share price could see a significant jump. Any positive development from West Newton would solidify Reabold's position in a vital sector, further attracting attention from investors.Finally, the Daybreak court case could be a pivotal moment for Reabold. If the case draws to a positive conclusion, such as a favorable ruling that removes a major obstacle or confirms a significant asset, it could act as a catalyst for a strong upward movement in the share price. Legal certainty could provide much-needed confidence for investors, encouraging buying activity.Given 10.2 billion shares in circulation, even a relatively small percentage increase in the share price could lead to substantial market value growth. For example, if the share price moves from 0.04p to 0.12p, that would represent a 3x increase. This kind of upward movement isn't uncommon in the resource sector, especially when positive news aligns with investor sentiment and broader market conditions.In short, the combination of positive developments in these key areas could significantly revalue Reabold, driving the share price to 0.12p or beyond. As news flow improves from their Italian gas investment, West Newton, or even a favorable legal conclusion, the market could quickly reprice the stock, making it an attractive opportunity for investors. |
Posted at 12/12/2024 21:04 by solo4yous The involvement of Connaught Oil & Gas Limited, a Canadian company, as the primary manager of Rathlin Energy may have posed challenges to securing funding, particularly in the UK. Here's why removing Connaught's 20% stake and consolidating ownership under Reabold could make a positive difference:Key Considerations:1. Access to UK FinancingRathlin's majority ownership under a British entity like Reabold simplifies its identity as a UK-focused company. This alignment with UK investors and financial institutions may improve its ability to attract funding, as investors often prefer clear jurisdictional and regulatory alignment.Canadian management might have caused hesitation among UK lenders due to unfamiliarity with the project's operational environment and market context.2. Streamlined Decision-MakingConso |
Posted at 12/12/2024 18:49 by solo4yous Collateral and Alternative Financing:While it is true that securing debt for undeveloped assets can be challenging, energy companies frequently use reserves-based lending (RBL), where estimated reserves are treated as collateral. Even if production has not yet commenced, the potential recoverable reserves at West Newton offer significant value and can serve as leverage for funding.Alternativel |
Posted at 12/12/2024 12:25 by solo4yous By increasing their stake in Rathlin Energy to 79%, Reabold Resources may indeed be strengthening their position to access debt funding or other external financing without needing to dilute existing shareholders further. Here's how this might play out:---1. Enhanced Commitment and ControlGreater than 75% Ownership: By owning 79% of Rathlin Energy, Reabold surpasses the 75% threshold, giving them:The ability to make unilateral decisions, including financing arrangements and operational direction, without needing approval from minority shareholders.A demonstration of increased commitment to the project, which could reassure potential funders that Reabold has "skin in the game."---2. Debt Financing PerspectiveWhy It Matters to Funders: Funders, particularly those providing debt or structured financing, often look for:Majority control by the borrower (in this case, Reabold) to ensure alignment of interests.Demonstrat |
Posted at 25/11/2024 08:31 by solo4yous 1. Wash Trading and Narrative ControlMarket makers might use tactics like wash trading, where they buy and sell the same shares to create artificial trading activity. This can foster a perception of heavy selling, causing retail investors to panic and sell their holdings. This creates downward pressure on the stock price, even if no substantial news or actual selling from long-term holders justifies it.2. Price Suppression for AccumulationIf the stock is trading below intrinsic value (e.g., 20% below cash reserves), market makers might be suppressing the price to accumulate shares cheaply. By creating a bearish sentiment, they discourage buyers and encourage panic selling, allowing them to build positions at a discount.3. Disrupting Retail Investor PsychologyFrequent high-volume sales immediately after the market opens can destabilize retail investors' confidence. These early trades set the tone for the day and can create the illusion of significant selling pressure. This tactic could be designed to shake out weak hands before a potential upward move.4. Possible Alignment with Larger Institutional GoalsIf institutions or hedge funds are involved, market makers could be assisting them in a strategy to either short the stock or prepare for a strategic move (like acquiring the company or forcing a recapitalization). Keeping the price artificially low would align with these goals.5. Market Maker ObligationsMarket makers are obligated to provide liquidity, which sometimes involves executing large sales or managing orders in a way that appears aggressive. However, the timing and size of these trades suggest deliberate positioning rather than organic market-making.---Why Now and at All-Time Lows?Given the low stock price and fundamental metrics (cash in the bank, low expenditures), this could indicate a coordinated effort to create a narrative of ongoing trouble or impending bad news. If the stock price reflects value far below its intrinsic worth, it might also signal an upcoming event, such as:Takeover or acquisition attempts.News manipulation (either to position for a drop or a spike).Regulatory catalysts or disputes that have yet to be publicized.This behavior can discourage new investors from entering the market or prompt existing ones to exit, further lowering the price and facilitating accumulation.Conclus |
Posted at 22/11/2024 07:19 by solo4yous The legal decision you referenced was made in 2024 and pertains to Reabold California LLC's Brentwood Oil Field project, specifically the conversion of an existing oil well into a Class II injection well. This case has significant implications for Reabold financially and operationally.The California Court of Appeal ruled in favor of Reabold, overturning a previous decision that required CalGEM to rescind the project's approval. This judgment confirms that the project qualifies for a Class 1 categorical exemption under the California Environmental Quality Act (CEQA), emphasizing minimal physical modifications and negligible environmental risks. The decision streamlines legal approvals for such projects, enabling Reabold to proceed without further costly environmental reviews????.Financia |
Posted at 21/11/2024 11:09 by solo4yous Broker-to-Broker Trades and Market Maker TacticsMarket makers have unique advantages, including access to large volumes of stock and exemptions that allow them to:1. Create Liquidity: By naked short selling or borrowing shares, market makers can artificially increase supply, suppressing prices.2. Conduct Wash Trades: These are trades between brokers (or even within the same firm) that don't genuinely alter ownership but are used to manipulate the tape. They can simulate sell pressure without meaningful cost.3. Exploit Surplus Stock: If a market maker holds surplus stock (e.g., from a rights issue, fundraising, or institutional selling), they may strategically sell it in small batches to drive down prices and discourage buying momentum. Over time, this creates an artificial downtrend.Since market makers don't face the same cost pressures as retail investors, they can use these tactics over extended periods, especially in illiquid stocks like small caps.---Role of Naked Short SellingNaked short selling-where shares are sold without actually being borrowed-is a likely factor here. This tactic allows market makers to:Flood the Market with Phantom Shares: By creating "supply" that doesn't exist, they keep prices suppressed.Actualize Downtrends: When retail sentiment is driven down by visible sales, it can lead to panic selling, which further feeds the downtrend.Cover Short Positions at Lower Prices: Once retail capitulation occurs, market makers can repurchase shares at a discount, profiting from the artificially created decline.While naked short selling is controversial and often illegal, exemptions for market makers can make it hard to regulate.---Wash Trades and Price SuppressionWash trades are particularly effective at:Signaling Selling Pressure: Even if the volume is artificial, repeated sales prints create a visual pattern of sell dominance.Maintainin |
Posted at 21/11/2024 11:03 by solo4yous The trading activity you've described reflects some peculiar market dynamics. Let's analyze the patterns and behaviors observed:Key Observations:1. Buy Trades Followed by Immediate Sell Prints:Retail buying activity is consistently followed by sell prints in comparable or larger volumes.This creates the illusion of selling pressure, suppressing sentiment and keeping the price at low levels.2. Sustained All-Time Low Prices:The stock is trading below intrinsic value (e.g., cash reserves or project worth), and selling activity seems orchestrated to maintain the suppressed price.3. Large Block Sells Despite Apparent Clearance of Supply:Market makers seem to have a consistent source of shares, possibly through short selling or naked short selling, as the actual demand/supply dynamics don't align with the persistent sell-side pressure.---Possible Explanations:1. Short Selling or Naked Short Selling:Short Selling: Market makers might be borrowing shares to sell at current levels, betting the price remains low or falls further. These trades could be part of a broader shorting strategy by institutions or traders betting against the company.Naked Short Selling: If market makers are selling shares they don't actually own (a controversial but sometimes legal practice under certain market-making exemptions), it could explain the persistent selling even when retail buying seems dominant.2. Wash Trades or Market Manipulation:Some of the sell prints may not represent genuine trades but rather wash trades - transactions where the buyer and seller are the same party or connected entities. These are often used to create artificial price movements or suppress a stock's price intentionally.Manipu |
Posted at 07/11/2024 11:06 by aslamqadri Same old cycle some sort game being played with this shareprivate investors are being taken for a ride |
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