Reabold Resources Share Discussion Threads

[pistonbroke1] 24/4/2018 16:47

.60p to .63p is 5% not 1.6%. Plus some sells have been at .65p and even .67p so average is likely to be in the region of 8-10%.

Bit of a worry getting basic maths wrong.

[simonsaid1] 24/4/2018 11:58

It's a strange accusation given that the 'profit' would be from .62p to .63p which is 1.6%. There would be no point flipping for that kind of gain for a large institution. They could get returns like that in far less risky ways.

There is also no evidence of this happening - the share price has really not moved a great deal and volumes are very low. No evidence of some 'mass selloff', just dribs and drabs of PI's selling out of boredom which is par for the course on AIM.

Then there's the small matter that today's trades are all tiny and all closer to the Ask than the Bid. The small move down in the price is just market maker adjustment. Really nothing going on here, good or bad.

[pistonbroke1] 24/4/2018 11:28

My post back on 6th April

A pain so many selling for a quick 18%, overhang could take ages.

Simonsaid replied

Any basis for that 'could'? Anything 'could' happen. But don't see any reason for this theory. The placing was mostly institutional and they won't be selling at this price. The selling isn't even particularly bad, share price has moved up well this week.

Now we have a post on LSE

Turner Pope are selling their placing position.

Don’t know why the management let them have 50 odd million to flip. Annoying.

News is coming but is delayed. I feel a little misled by the management to be honest. The colter drill won’t be until September/October now and I think the management know this.

Asset news is close.

Always been a fan of RBD but feel a bit disgruntled after the meetings I’ve had in the last couple of days. Slow burner which is fine but I really thought we’d have taken off by now.

Sachin & Stephen need to pull their fingers out now. And front up about a realistic drill time for colter so we as share holders know.


I am sure an institution is selling for a quick small profit which why this is being held back.

[1bluehorseshoe] 23/4/2018 08:31

They have an internal issue it seems as mentioned on LSE.

[awise355] 23/4/2018 08:08

Any idea why Halifax doesn't allow investment in this stock?

[cashandcard] 23/4/2018 00:47

Thanks mate, I'll check AIS marine traffic.Cash

[gibso6767] 22/4/2018 22:01

Cash , I work nearby at Seal Sands but it wasn’t a deep Water one , it might be able to be tracked by shipping apps , but on leaving the river Tees it went south

[coldjoe] 22/4/2018 19:22

If colter rig mobilisation plus new asset what do you reckon whitematter 0.9-1p?

[cashandcard] 22/4/2018 15:25

Gibso, Any details on this jackup rig (owner, make etc)?Cash

[1bluehorseshoe] 22/4/2018 15:20

Eyes down for a RNS this coming week

[simonsaid1] 20/4/2018 16:23

Well well...

[gibso6767] 20/4/2018 16:18

1 x Jack Up Drilling Unit left Greatham near Seal Sands yesterday ( posted same on lse )

[coldjoe] 20/4/2018 10:57

Looks like Colter drill still on schedule for May then ?

[cashandcard] 20/4/2018 09:03

From UOG £2.5mln placing update this morning;


"Reasons for the Placing and Subscription and use of proceeds

The Company is conducting the Placing and Subscription in order to support the business growth of the Group. The Proceeds will primarily be used as follows:

-- GBP1.0 million for the Corallian drilling costs in relation to the development of the Colter exploration well in the UK under the farmout agreement with Corallian.

-- GBP1.1 million for the 3D Seismic work on Colibri Project under farm-in agreement with Tullow Jamaica.



Cash

[ileeman] 17/4/2018 19:17

Yes cashcard

If they dont drill May then they will be drilling Q3 due to tourists, Colter is just one of many drills so either way not fussed.

[cashandcard] 17/4/2018 14:39

iLeeman,


If the rig does not get mobilised in a matter of a couple of weeks, I can't see them drilling in summer due to the reasons you mentioned. More likely, autumn winter time.

I await news on new assets.


Cash

[bangbang1] 17/4/2018 14:22

getting this message for Halifax share dealing for RBD

" We no longer allow investment in this stock "

Anyone else getting this ?

[ileeman] 14/4/2018 14:02

Colter is either Q2 or Q3, all depends when they get the final go ahead. They have to drill out of the tourist months.

Colter is just one of many gamechanging drills for the company so Q2 or Q3 who cares. New assets will no doubt also have near term drills.

8+ company making drills in 12 months, not hard to see where this heads.

Follow the institutional money.

[1bluehorseshoe] 13/4/2018 12:26

News incoming?

[simon_64] 12/4/2018 08:35

Bloody hell POO flying, these assets looking like a steal at present.

[1bluehorseshoe] 11/4/2018 17:11

WTI just hit a three year high

[cashandcard] 11/4/2018 12:19

Brent Crude $71 and rising. Leaving wti in the mid 60's.



Cash

[1bluehorseshoe] 11/4/2018 12:11

Oil prices surging guys and gals