Reabold Resources Share Discussion Threads

[showmethemoneyhoney01] 08/10/2019 22:14

Those who have patience in their investment strategy, should do very well here.

[tunley] 08/10/2019 20:26

Like before. 100m Parta once 3 wells are done. 200m for WN as is,and Max 400m once wells 3&4 are done. UK£.

[divmad] 08/10/2019 19:01

What should our stake in Danube be valued at? And WN, pre-EWT?

[under the radar] 08/10/2019 18:59

I’ve heard IT ALL before!

Baaaaa baaaaaaa

😂

[cashandcard] 08/10/2019 18:58

These are quality insti's, not 5k flippers. They want to see a return on West Newton.Cash

[under the radar] 08/10/2019 18:57

OOPS 😬

0.9p with massive overhang to churn through

Going nowhere for ages

🐑🐑🐑🐑8017;🐑Ԁ17;🐑🐑;🐑🐑🐑🐑
28017;🐑€017;🐑㈁7;🐑

[cashandcard] 08/10/2019 18:57

Acceptable price given that, with this raise, they have bought control of the largest onshore oil&gas find in the UK since 1970's - let that sink in folks. The CPR will shine light not just on West Newton, but the entire PEDL, which I can only see being upgraded given what we know about WN thus far.Whilst most of the money is for WN and Parts, rest of the portfolio will also now have a comfort cushion of money in case it's required.Cash

[5chipper] 08/10/2019 18:37

Rbd macap will be c£60m post placing of which £46m will be attributed to Rathlin at the most recent Rathlin raise share price. This leaves £14m for cali, danube & corallian.

Plus recent Rathlin raise implies a current valuation for 100% of WN of c£80m.

Still lots of upside potential across the portfolio but just much more concentrated towards one asset . Let's hope S&S have good reason to be so bullish - they are almost placing their repuations on the line with WN.

Just as markets have wrung RBD let's hope S&S managed to negotiate as hard as poss with Rathlin. I wonder if equity swap was a cute way of sweetening the deal for Rathlin shareholders too?

[stockport loser] 08/10/2019 18:26

The key to them investing in this raise is that they have enough newsflow to sell into, it's a big amount. Which they will be given with RBD over the next six months with WN, Parta, Cali and a drill on N Sea assets. The key is knowing/ predicting these rises will get sold into, trade accordingly and you can do well.

[soulsauce] 08/10/2019 17:53

Given they are going to end up with a large chunk of West Newton and given the last raising was 1.10p that really is mates rates.
6.7bn shares in issue is a bit of a drag so may be they will consolidate sooner rather than later.

Good luck all anyway but I can bet some are annoyed at that.

[bigsi2] 08/10/2019 17:37

That's not necessarily true-They don't buy unless they can guarantee profits- Often shares are presold above placing price on the hype beforehand - its AIM -

[showmethemoneyhoney01] 08/10/2019 17:36

Institutions only buy small cap AIM shares if they can see mega multiple growth.

[showmethemoneyhoney01] 08/10/2019 17:29

Exceptional circumstances. £24m in this market is not easy.

[theclangers] 08/10/2019 17:26

Yep, PI's legged over yet again, S & S have lost a bit of credibility in my book, they said each raise will be higher than the last! Mates rates for friends in the city

[divmad] 08/10/2019 17:26

Agreed, Stockport. This was never going to be done at a premium, regardless of the merits of the investment.

[astralvision] 08/10/2019 17:22

Ah, thanks.0.9p is a bit pathetic tbh.Ho hum, AIM for you.

[showmethemoneyhoney01] 08/10/2019 17:21

It was released at 4.45

[stockport loser] 08/10/2019 17:15

0.9p, that's fine and I think they will get over subscribed, 0.95 I was looking for so I can live with that. Of course the share price told us roughly where it was going to be, yet all we have heard is 1.1 and 1.2 - there are a lot of sheeple in RBD which is no bad thing in my mind.

[korvet] 08/10/2019 17:13

Speculation, nobody knows until the RNS is released. K

[grannyboy] 08/10/2019 17:13

EDITED .... Obviously didn't see the RNS ...Apologies..

[showmethemoneyhoney01] 08/10/2019 17:02

Will drop badly, yeah right. Let's see where this is in a month and a year. Tomorrow is just that.

[showmethemoneyhoney01] 08/10/2019 17:01

Which ever way you look at it, the company will have £24m cash to do what they think best to create shareholder value from here on.

[jammydodger1] 08/10/2019 17:01

Will drop badly tomorrow