Reabold Resources Share Discussion Threads

[grannyboy] 29/10/2019 13:30

What's needed now is for the news to start flowing .. There looks to have been a slow down in activity on several fronts to accommodate the fundraise and delay through changing the plans from 'gas find' to 'oil find' at WN ...

Now it's time to get things moving and that includes Parta, where in a podcast the ADX CEO stated they were about to start testing the IM-1 well in the middle of Sept .. And as it turns out, they were no near starting the testing, for which I will be weary of any future timeframes eminating from the adx CEO in the future ..

[theaviator] 29/10/2019 11:49

I'd expect the 34ema to be tested ;)

[oilbuy] 29/10/2019 10:55

https://oilprice.com/Finance/the-Markets/The-Billion-Dollar-Bet-On-An-Oil-Price-Crash.amp.html

[astralvision] 29/10/2019 10:31

Just PLHC left @0.9

[astralvision] 29/10/2019 10:30

L2 strengthening, now 5:1

[stockport loser] 29/10/2019 09:37

Depends the time frame on no news, I think it will bounce anywhere near 0.105p mark, leaving firepower for break of 0.1.

[theaviator] 29/10/2019 09:22

Yep watching it. Mid .08's? It 'should' get there if no news.......

[stockport loser] 29/10/2019 09:13

I'm going to leave it this morning, but will definitely double up this week. Might have a trade on Prem again at the right price.

[theaviator] 29/10/2019 09:11

Great price mate. Can't see it going too much lower really

[stockport loser] 29/10/2019 08:29

I'll be adding more today after gains from I3e. Newsflow should start kicking in next week

[astralvision] 28/10/2019 14:40

Thanks for the feedback luckykids, all sounding good.

[astralvision] 28/10/2019 13:43

Link for brokers note for UJOhttp://unionjackoil.com/wp-content/uploads/2019/10/UJO-draft-updated-231019-v3.pdf

[astralvision] 28/10/2019 13:42

New broker note out on UJO 'Assuming a more realistic 60/40 - oil/gas ratio, we infer a valuation closer to £75m net to Union Jack, some 3x the Company's current market capitalisation on this asset alone.'As RBD holds 3x UJO with respect to WN, implies WN is worth £225m to RBD.

[currypasty] 28/10/2019 13:41

thanks, luckykids,, perhaps after this mornings rns, another saying all passed would be worth while

[luckykids] 28/10/2019 13:37

Registrars were a little over zealous maybe as oil and gas company

[luckykids] 28/10/2019 13:36

All votes passed curry about 6 shareholders there and 3 had major problems getting in!!

[currypasty] 28/10/2019 13:27

wot no rns on the vote? 3.5 hours now since 10am meeting??

[astralvision] 28/10/2019 12:14

It does, no one chucks £20m or whatever at this unless they are damn sure they are going to be well rewarded.As we will be.

[cashandcard] 28/10/2019 12:04

Divmad 5831#


Agreed. They will soon wrap this up to secure control of West Newton regardless of some Rathlin holders. They will act to deliver the best program and results as, quite frankly, they have gone all in and nailed themselves to the WN/PEDL183 mast. The fact they have moved quickly, got the backers and funding to take control speaks volumes about the asset given they are insiders.


Cash

[likeawalrus] 28/10/2019 12:03

grannyboy, apologies for my earlier comment which I have removed but I do strongly disagree with the comment "99% of the time all companies shares fall to the placing level"

[astralvision] 28/10/2019 11:06

Well done! Should be well rewarded.