Reabold Resources Share Discussion Threads

[aberloon2] 11/12/2020 17:55

Big trade! 11-Dec-20 16:28:26 0.61 25,000,000 Unknown* 0.60 0.62 152.50k

[simon_64] 11/12/2020 17:06

Well decent finish there should be plenty of coverage over the weekend Monday should be another good day if these bid rumours take hold.

[theaviator] 11/12/2020 17:01

Thanks so much - greatly appreciated.

[bootycall] 11/12/2020 16:43

www.sciencedirect.com/topics/engineering/millidarcies

[pre] 11/12/2020 16:27

try FoK if you want to buy

[pre] 11/12/2020 16:27

try buying now...NT:-)

[theaviator] 11/12/2020 16:26

Perhaps if you can pot it without the hTTps?

[bootycall] 11/12/2020 16:19

Sorry, this website is barring the link i tried to post. Makes it difficult to substantiate posts if such a policy is enforced . I thought links were an acceptable way to avoid copyright and accreditation issues...but hey ho !

[theaviator] 11/12/2020 16:18

Thanks a million Booty. V much appreciated

[bootycall] 11/12/2020 16:14

I think we are likely to dealing with very light (close to condensate) conventional discovery. The reservoir is reportedly charged and of good quality, the oil column continuous and GOR is OK, the porosities shown to date do not appear to suggest a problem with permeability (as measured by millidarcies) . I have given you a link to tables below to help explain various technical scenarios ...but we shall have to wait for the flow rates. Modern well logging techniques often allow an operator to know, with a high degree of confidence, how the well will flow, pre flow tests...so I will be interested to hear the comments of management in the coming week.

[...]

[...]

Please do not rely on the accuracy of any facts or opinions given in the above post when making an investment decision. Booty

[theaviator] 11/12/2020 15:47

Bootycall,Thoughts to permeability in Darcies? Precise fluid analysis needed eh...BestTA

[grannyboy] 11/12/2020 15:45

FILTERED!!!

[theaviator] 11/12/2020 15:44

Good stuff. There's another BB for you to go to Graham.

[bootycall] 11/12/2020 15:40

I am new to your thread...but i am certainly not new to oil and gas. IMO, you have had a big seller overhang..which has totally distorted price discovery post the RNS announcement of the well result. Admittedly the lower target did not come in, but the aerial extent and porosity information indicated for this well makes me think a major revaluation is due. With all the pipeline infrastructure on top of the drill site and at least two decent lookalike? prospects either side ...I hope some people do take profits...more for me ! GLA

[theaviator] 11/12/2020 15:37

Chart. Green box should provide some support... As you see the green line hit to decimal so I know the chart is nicely in sync. Target yellow line. Whoop! :)htTps://ibb.co/9h1RwCD

[theaviator] 11/12/2020 15:11

Always held core here for end game. Fun trading a few around though too. That's generally how I play

[theaviator] 11/12/2020 15:08

Never wrong to take a profit.

[pre] 11/12/2020 15:08

some of the big oilers will be casting their eyes over this no doubt, including II's so let's see what happens...

[bad gateway] 11/12/2020 14:53

Sounds from the UJO RNS as if they're going to dither..

"There remains an extensive number of technical studies to be carried out to complete analysis of the WNB1Z well data, including correlation of the A1, A2 and B1Z well results and updated resource volumetric estimates, all of which will have a bearing on the planning and timing of the testing programme which is the next important milestone in determining the development potential of the West Newton project.

[adrian j boris] 11/12/2020 14:45

Certainly been in an upward tend due mainly to the new find

seems a weak possiblity it that it might hit .70p

near fair valuation around this sp

[bad gateway] 11/12/2020 14:45

Find out soon enough i guess the

"All of the information acquired during the drilling operation will be analysed to inform a future testing programme."

sign on their gate didn't fill me with confidence is all esp as they haven't categorically stated they'll be moving straight onto testing in the RNS just preparing for it.
Do they answer emails?

[pre] 11/12/2020 14:43

we saw the same pattern at txp when folks jumped ship and as flow results filtered through they were locked out and had to pay significant premiums. The current mkt cap will look silly once we start understanding the true value of what's been discovered here at a time when UK could do with something to shout about.

[turborock] 11/12/2020 14:35

They said they were flow testing in the rns "production casing is being run in preparation for testing of this extended interval."

At least that's what I assume they mean by testing.