Reabold Resources Share Discussion Threads

[sportbilly1976] 11/11/2019 13:17

I've rounded up to 1.5mln this am, so done my (small) part

[westmoreland lad] 11/11/2019 13:13

done my bit with an extra 3MM.

[ltinvestor] 11/11/2019 13:10

Only £200k to clear the overhang...

[astralvision] 11/11/2019 12:52

Sounds good sb

[sportbilly1976] 11/11/2019 12:42

Fill your boots while you can then :)

clear them and then lets see the share price properly react to this morning's news...

[sportbilly1976] 11/11/2019 12:40

explanation....£200k = 20 mln shares



Mr Daniel Levi (Sinner)
‏

@BrokermanDaniel
4m4 minutes ago
More
Just had it confirmed FROM Market Maker contact. BIG seller over £400K of stock in UJO & over £200K of #RBD offloading. They’ll soon be gone👍

[astralvision] 11/11/2019 12:34

2.66bn?LoL ? They will go, that's for sure.

[sportbilly1976] 11/11/2019 12:32

Jeez...how many are there out there to clear??

[tunley] 11/11/2019 12:22

Oh Cr#p, ALaBungalow's back...

[astralvision] 11/11/2019 12:18

Could well be a 200m volume day, lovely stuff!

[astralvision] 11/11/2019 12:17

Too true gb See there's a delayed 25m+trade from last week.Feel it's probably a sale, Miton or flippers.Chew through them are blue sky ahead. Few good volume days like today should wash them all out.

[grannyboy] 11/11/2019 12:09

Surprised there hasn't been more comments on the brmedia podcast with Steve Williams this morning !!!.

It does not come as a surprise to hear and see the excitement that is given out .. And their belief, after having all the data to date, to state that "Its getting better", as in there is PLENTY more to come, which the next two drills should amply prove the case, with further massive upside to the numbers ...

[theaviator] 11/11/2019 11:56

Bungalow boy!

[divmad] 11/11/2019 11:54

This is like wading through treacle.

[alamaison5] 11/11/2019 11:17

Further to its announcement on 7 October 2019, Reabold, the AIM investing company which focuses on investments in pre-cash flow upstream oil and gas projects, is pleased to announce a proposed

Placing of 2,666,666,666 new ordinary shares the "Placing Shares" at a

price of 0.9 pence per Placing Share (the "Placing Price") raising £24 million.


...NO COMMENT...

[astralvision] 11/11/2019 11:02

Worth noting that the updated volumetrics apply just to the Kirkham Abbey formation'Rathlin has upgraded the estimated volumes of hydrocarbons in place in the West Newton Kirkham Abbey formation reservoir.'There is further massive upside from the deeper Cadeby oil play which will be addressed by WN B drilling.

[astralvision] 11/11/2019 10:35

Could be looking more like 10p here when all is done

[jndavid490] 11/11/2019 10:05

My take is,I've waited a while,and I need profits,but what would another year matter,would be better to drill other two wells,that is what the funds are for,only sell on a massive offer,4 p is really a pittance, always look for oil where its already been found,cadeby formation???

[sportbilly1976] 11/11/2019 10:00

thanks astral..

...and that is using a conservative (as is SPangels' way!) 24% recovery

onshore recovery could well be 40%+

[astralvision] 11/11/2019 09:51

sb76
a quick calculation indicates if UJO target share price is 0.84, assuming UJO/RBD are all about WN, then target share price for RBD would be around 3.7p. let's call it 4p for ease of use.

[astralvision] 11/11/2019 09:43

Dunno if this has been posted, interview from today