Reabold Resources Share Discussion Threads

[stockport loser] 18/9/2019 08:11

We need some anoraks on site updating on the progress. Let's face it, there's no jobs in that area so there should be plenty of yocals to tent up.

[nicosevos] 18/9/2019 08:07

We need news and volume.....
Peel handling churn and might have a seller,
Cantor still have,imo.
gla

[theaviator] 16/9/2019 10:55

Throw some Israeli elections into the mix ;)

[grannyboy] 16/9/2019 10:17

Yes a good deal, and the opportunity to invest more once logging and testing done, which is imminent, and the ADX CEO stated in a podcast last week that results are due mid Sept, which should be end of week or in a Monday uodate.

[ileeman] 16/9/2019 09:43

Nice write up again and sums up why I am holding. Literally no value given for West Newton which could be worth over £1billion let alone the rest of the projects.

[ileeman] 16/9/2019 09:34

Great move by directors yet again showing how good they are.

Still waiting for the herd to clock on here, hopefully that comes with West Newton CPR.

[theaviator] 16/9/2019 09:11

Brent will move more than wti

[ileeman] 16/9/2019 07:41

Oil 20% spike, now sitting at 10% up.

Biggest move in decades.

RBD produces about 400-500bodp currently.

[grannyboy] 16/9/2019 00:57

What would the point be of Aramaco having their refinery blown up, in what you(Theaviator) to be an "inside' job - cough cough" ..

It wouldn't do them much good if they can't refine any oil, and the oil that they had On storage at the installation been destroyed in the attack..so they wouldn't be benefiting from any rise in the oil price.

And OPEC were in the middle of a meeting where rumours were they were planning a further cut in production of circa 400,000bblspd, which would have initiated an oil price rise.

[theaviator] 15/9/2019 20:08

Of course I wouldn't be saying for one moment it was an inside job - cough cough

[theaviator] 15/9/2019 20:07

Funny too isn't it that Aramco need it higher ;(

[theaviator] 15/9/2019 20:04

Personally I'll be waiting until 61 breached. I also tend to be very contrarian to zero hedge ;)

[ileeman] 15/9/2019 19:48

"Supply loss from KSA may be as high as 150 MM barrels/month. Oil may hit $100."

[theaviator] 15/9/2019 19:34

Furthermore on the 29th July the POO was circa 57 dollars a barrel and share price 1.15Am saying generally you will find with these stocks there is little correlation. AST was a prime example. They mainly rise on sentiment, hype and news flow.

[theaviator] 15/9/2019 19:21

We were not setup mainly to be a producer Grannyboy. You are not quite understanding my point. I Invested here for discoveries - period!

[grannyboy] 15/9/2019 19:02

Of course you are neglecting the fact that RBD are now producing oil, and when the share price was in the region of .70p VG3/VG4 were still been brought on stream, so any rise in the oil price will benefit RBD.

[theaviator] 15/9/2019 18:39

For a producing company such as NTOG it would make a difference...

[theaviator] 15/9/2019 18:29

As I said below Grannyboy because it makes little difference. Oil was verging on 80 dollars here when the share price was .75 You will see there is little correlation.Stocks such as RBD are all about pricing up what is there with the 'intention' to sell. Some other oilies I trade and make no bones about it but I have been invested here for two years and will remain.

[grannyboy] 15/9/2019 17:11

If you believe that Theaviator why are you invested in oil stocks .... "My target still remains at 46 dollars UNLESS 61 dollars is broken"

You do realise if the oil price does start to fall to your line of thinking, it would take E&P companies share price with it...

But I have a different outlook on where the price of oil is heading, and that's starting with a spike up in the forthcoming days, and maybe settling back slightly until/when the damage has being evaluated...

And of course a trade agreement between the US and China could be signed, giving a further impetus to oil price ...

And it was odds on that OPEC at their Sept meeting would have upped their cut in production ....Now that will be put on the back burner due to the attacks on the refineries..

[theaviator] 15/9/2019 15:47

Ps imo the spike we are probably about to see will be short lived. My target still remains at 46 dollars UNLESS 61 dollars is broken

[theaviator] 15/9/2019 15:40

I don't know where to start...lol'Oil shocks are created' perhaps....Trade tarifs. Worked out nicely between governments all for the simple reason and common goal - to make money from markets. Oil has always been heavily manipulated. Good excuse for USA to immediately blame Iran. It's all about scoring points. I see a spike to 60 dollars then resuming downward course as per chart. Actually interesting looking here too of channel aligns perfectly. Will post later. I'll also be keeping a close eye on the internal block trades which I subscribe to. Regarding the oil price correlation to share price. Yes it can effect some producers but won't make the slightest bit of difference here. At the end of the day the big producers keep it in the ground when price is low and get it out when the time is right.This link may help https://theecologist.org/2015/may/02/saudi-arabias-oil-price-manipulation-lets-get-rich-while-we-still-can

[kinkell] 15/9/2019 14:39

Theaviator, please explain.

[theaviator] 15/9/2019 10:52

One sure thing - it'll be manipulated like el. In fact imo the whole story is a huge manipulation ;)