Reabold Resources Share Discussion Threads

[jungmana] 29/8/2019 14:56

I actually topped up here today with my BPC money. Been in bpc for over 6 months and finally sold there today at about 60% profit.I think this is a far better buy today

[homebrewruss] 29/8/2019 14:48

Wider coverage beginning:
'Reabold, Rathlin and Union Jack have struck black gold in Hull'

[theaviator] 29/8/2019 14:43

BPC looks toppy to me chart wise but wtfdik All indicators screaming overbought

[cashandcard] 29/8/2019 14:01

homebrewuss,

Thanks.

I have to say, with WN and IM well in Parta license, both exceeding original expectations, we have a great opportunity to realise a lot of value from these assets in the medium term. Both have running room and the discoveries derisk other assets in the licensed areas. WN liquids is game-changing and in Parta they are talking about the PA V being a gas-condensate or gascap overlying an oil interval. Brilliant going as it has been tough sticking to the plan and riding through many difficult days here.


Cash

[homebrewruss] 29/8/2019 13:53

New podcast:

'Primarily an oil field'

[superbobtaylor] 29/8/2019 13:10

What a muted reaction! Wish I had funds to top up.

Prospective bbls in place and flow rates needed....

SBT

[ileeman] 29/8/2019 10:52

Yea BPC looks good.

RBD leading the charge this morning, UJO not fairing to well but I dont imagine it will until cash position is known or atleast placing is out the way.

Both significantly undervalued, clear the traders and let the value gap close in good time.

Im off now, enjoying the sun.

[ccr1958] 29/8/2019 10:50

Yes sorry guys for ot... WML not atm , keeping an eye ,been in and out of LOGP. Good luck mate .

[westmoreland lad] 29/8/2019 10:45

Hi ccr, yes PVR is the largest chunk of red on my spread sheet. Get the China money
in the bank and that will all change but I got this niggling feeling. You in ?

Sorry o/t others

Edit -- morning Showme. Just added myself

[showme01] 29/8/2019 10:43

Me too. Got a nice £17k at 1.4. :-). Crazy, we get 2 outstanding bits of news and are up 14%

[ccr1958] 29/8/2019 10:31

Westmoreland lad , are u still in PVR ?

[westmoreland lad] 29/8/2019 10:20

iLeeman -- good to see you joined BPC yesterday. Another winner in the making imo..

[hpcg] 29/8/2019 10:20

Good opportunity to average up, which I have been doing. Well beyond any expectations at all. Oil obviously a substantially greater calorific content for the volume than gas, so many times more valuable now than yesterday.

[ccr1958] 29/8/2019 10:16

Overly cooled off imo. We been here without the new ,news !

[ileeman] 29/8/2019 10:07

Same price action as before, spike, cool off, then the bigger boys come in and take up the stock.

Looking at $300million NPV gas before we are now looking at $1billion NPV gas and oil, RBD will own around 30% of that.

[cashandcard] 29/8/2019 10:05

Divmad,


I'm referring to the West Newton field only when I talk about the 19km2, not the entire license, which is much bigger. Its important we get some idea of the size of West Newton because it was quite some time ago I read that reference of circa 4,800acres. Yes, it is a tad early & yes we need to see what the exact parameters are for this location. But I take great encouragement with what we know so far from the limited info that has been released. This is looking promising. West Newton and West Newton A2 have both proven the presence of HC's.


Cash

[currypasty] 29/8/2019 10:04

punters and traders have no clue of the value

[westmoreland lad] 29/8/2019 10:03

shocked the share price is not much higher GD.

[greatfull dead] 29/8/2019 10:00

Steel,

your quite. I thought you would be all over this today...

ATB,
GD

[divmad] 29/8/2019 09:56

Cash, isn't it a tad early yet to be drawing the conclusion that the entire area of 19km^2 has oil present, let alone at a 45m gross thickness?

[ileeman] 29/8/2019 09:45

Mr Daniel Levi (Sinner)‏ @BrokermanDaniel · 33m33 minutes ago


At least 2 Major oil companies sniffing around #WestNewton Sources #Confirmed 1 in direct communication with #Raithlin

#RBD #UJO

[ileeman] 29/8/2019 09:38

Basically sums it up in a nutshell, also worth noting Reabold is the only company that has enough cash to drill/test further on West Newton.

Not the end of the world but UJO will need to raise into strength.

@withnellblu


#RBD West Newton Kirkham Abbey formation EWT proves up 20m gas /45m oil column. So a UK onshore Oil project (read considerably more valuable than gas). License NPV now likely over $1Bn. #RBD only £60m MCap /£5

[ltinvestor] 29/8/2019 09:30

Cash.The revised CPR should prove a very interesting read.

[cashandcard] 29/8/2019 09:29

ltinvestor,


It has been derisked to some extent, they just need to establish commerciality at this location. But there are 3-4 lookalike structures so there are similarities we can draw with others inc. ECO (albeit on a smaller scale).


Cash