Reabold Resources Share Discussion Threads

[theaviator] 11/12/2020 13:20

Actually FTSE chart tells alot. Perfect area for a pullback. Amazing how charts tell the news before it happens.. I could be wrong but that chart really singing

[theaviator] 11/12/2020 13:17

How many weeks until flow test do you think chaps?

[theaviator] 11/12/2020 13:16

Lol ;)I'll readd some too

[amrishbhim] 11/12/2020 13:15

It's not all about the oil or gas, there is interest but market worried about the brexit, weekend coming and the worry about the Uk economy, you add all these factors and it's looks bleak, so I wouldn't say interest but factors as a whole around us, and yes Christmas coming, people want to enjoy those few days, can you blame the market to be slow on yesterday news, let's us enjoy the rides we have many months to delivery and this will be something of a jackpot. Share your thought and loves and kindness this Christmas xxxxx

[brut winky] 11/12/2020 12:55

Looks to be running out of steam, but have had a good run. Oil doesn't look to be attracting a lot of interest in general.

[simon_64] 11/12/2020 11:30

Always the way mate doesn’t matter what industry you are in.

I was in finance and sales and energy for years kept being made redundant so now just lecturing in a college pay not great but work life balance fantastic.

Wife has watched everyone around her made redundant and just young kids brought in on temp contracts at a third of the salary the way of the world now.

Imagine being a youngster now, I couldn’t stand it.

[aberloon2] 11/12/2020 11:22

It's ok for me Simon, i just decided to retire, i'd survived previous culls so it was my time. Anyway, they've rehired most of the staff on temp reduced salary contracts so i'm glad i'm out.

[simon_64] 11/12/2020 11:18

Sorry to hear that aber.

In Cali their production costs are $14.4 dollars and they are raking in three times that.

[simon_64] 11/12/2020 11:10

It’s 4v1 so a nice rise this PM anyway.

[aberloon2] 11/12/2020 11:10

I lost my job in the oil industry in May after the PoL had collapsed to $20 a barrel, even at that price there would be a profit here because of the difference in extraction costs. Any onshore discovery of this magnitude allows a derisk (once the flow rate is established)that offshore producers can only dream about, and it's available for under a penny a share just now. IMHO only so DYOR.

[simon_64] 11/12/2020 11:07

Yeah I know mate.

They could offload Cali now they would make ten times their initial investment if they drill VG7 now and give an update now they are all on full production, get another CPR report after VG7, they don’t need cash for sometime.

[theaviator] 11/12/2020 11:03

Team work. Two heads better than one as they say. You gave me Kod which I think will be great too. Hanging tight to these....

[simon_64] 11/12/2020 10:50

soul

They are so close to established facilities that is worth a premium in itself and Del Boy and Rodders have always dropped that snippet into interviews.

[rastarat] 11/12/2020 10:48

The Times article

[brut winky] 11/12/2020 10:47

Larger rise than yesterday if you discount the mark up, in profit thank to theAviator

[soulsauce] 11/12/2020 10:46

The onshore gas should carry a premium anyway. Surely ideal to build a gas fired power station for the area and the likes of Centrica to be licking their lips.

[pre] 11/12/2020 10:45

Think we could see II's coming on board here to get a slice of what could be a very significant revenue generator for the uk going forward...reminds me of TXP and look where that went.

[rastarat] 11/12/2020 10:45

Major rerate next week imo. This should be well over the 0.9p placing price.

[aberloon2] 11/12/2020 10:44

Decided to sell all my other investments other than EUA and PANR to get in here, this ridiculous cheapness is not to be repeated imho.

[simon_64] 11/12/2020 10:43

Thanks for L2updates mate, keep em coming.

[rastarat] 11/12/2020 10:40

Seller gone imo, Level 2 4v1

[pre] 11/12/2020 10:39

becoming more and more difficult to buy....think we are seeing the size of this huge discovery slowing sink in.

[dan de lion] 11/12/2020 10:30

So Mr Levi reckons that there could be up to 350 million barrels of oil or equivalent in place, just to put that into value(out of the ground) we are looking at $17.5 billion!

Compare that to the current value of RBD.

[rastarat] 11/12/2020 10:28

Another delayed buy.
11-Dec-20 09:25:39 0.60348 7,672,191 Sell* 0.60 0.62 46.30k O