Reabold Resources Share Discussion Threads

[grannyboy] 10/12/2020 15:32

Those trades at .55999 are buys ..

[captainfatcat] 10/12/2020 15:26

Looks like this discovery is potentially going to be pretty significant for the company.

[talkman2] 10/12/2020 15:04

Condensate or oil is not heavy oil .

[74tom] 10/12/2020 15:04

What evidence is there of heavy oil?! It seemed to me that you just made this up? Record all time volume here, clearing the stale bulls. I’ll be surprised if we don’t see 1p this side of new year...

[ntv] 10/12/2020 14:55

not trying to talk it down, just trying to get facts

[grannyboy] 10/12/2020 14:50

The oil here could be condensate or oil, so it's looking like it will be light oil.. Not that you would be interested, except to try and talk the share price down..

[rastarat] 10/12/2020 14:47

Nice delayed buy 10-Dec-20 12:44:59 0.60 15,130,000 Buy* 0.55 0.57 90.78k

[ntv] 10/12/2020 14:36

maybe the porosity is different to API
trouble is a lot of companies use so many different terms
A crude oil will typically have an API between 15 and 45 degrees. Higher API indicates a lighter (lower density) crude. Lower API indicates a heavier (more dense) crude. Generally, lighter (high API) crudes are more valuable because they yield more high-value light products when run through a refinery.

[texaschaser] 10/12/2020 14:18

wait on Monday as we have seen before, there will be some sell off and bargain to buy next week

[farrugia] 10/12/2020 13:45

i think they participated in the rights issue then

[swiftnick] 10/12/2020 13:39

Just to clarify that the director purchases on 18 November 2019 were at 0.9p, not 90p.Obviously the price of oil was higher back then, but even so...

[36jay] 10/12/2020 13:33

RBD And UJO Under offer and take over rumours.Multi bagger opportunity.2p RbD And 0.88p ujo Minimum

[theaviator] 10/12/2020 13:28

Just imagine when BBC gets onto it which it WILL... Tick tock...

[theaviator] 10/12/2020 13:27

Got a real spring in my step....Bring on the flow tests.....

[marno17] 10/12/2020 13:06

It's positive news whichever way it's read

[theaviator] 10/12/2020 13:00

Desperados yep

[pistonbroke1] 10/12/2020 12:56

o dear the spread the fear posting is starting, heavy oil and placing classic. What a plonker.

[theaviator] 10/12/2020 12:50

Explain... Fool!!!

[ntv] 10/12/2020 12:46

KS
they do like their placings here and i guess that worries investors/ traders a lot

[ntv] 10/12/2020 12:44

sounds like it is heavy oil so not as valuable so could be the reason the market not that excited

[king suarez] 10/12/2020 12:43

Great RNS this morning. Do we think the relatively subdued share price is due to expectation of a placing/draw down of the equity credit facility in order to fund flow testing/further appraisals?

RBD have around £5m of cash - anyone have a view on cash requirements for further testing/development?

Possible farm out?

Thanks

[theaviator] 10/12/2020 12:40

I've been here 3 years! 3p am gone! I think we will see it.