Reabold Resources Share Discussion Threads

[fireplace22] 20/10/2021 08:13

Spark is a private company!

[32campomar] 20/10/2021 08:12

Gas prices are hugely higher than when the valuation took place. This is worth multiples of the current share price on victory alone

[jusmasel99] 20/10/2021 08:09

Have a look at Spark Exploration ....

[tnt99] 20/10/2021 07:40

This makes a mockery of the 13 million current market cap just shows the potential if corrilian sell up and west Newton comes online

[fireplace22] 20/10/2021 07:14

May even see something of Corallians value mirrored in the share price today?

[archie222] 20/10/2021 07:10

Well that's the cash needed for further sorting out of WN sorted.

[fireplace22] 20/10/2021 07:09

Corallian being touted for sale!

[fireplace22] 20/10/2021 07:06

Corallian being put up for sale.

[greypanther2] 19/10/2021 12:59

IMO the "two clowns" are vastly overpaid for what they do, and also for what don't do, which is to act in our best interests. It's probably not fair to blame them personally for the disappointing EWT results at WN since they are not exactly technically minded, as far as I can tell. However, I assume they received plenty of technical advice from Rathlin and RBD's advisors. What I'm much more unhappy about is their poor decision making and over-optimistic commentaries. By way of a now ancient example I'd quote the ill-conceived and abortive Deltic bid, and more recently their going on about the Cadeby reef potential when there obviously wasn't any (according to one of my geologically minded friends) and their general over-egging of the WN pudding up until the latest RNS. Their commentaries that accompanied some of our WN press releases was, again IMO, completely "over the top". Foolishly comparing WN to Wytch Farm is another good example. Union Jack's management comments have, in general, been much more restrained. Perhaps their CEO listens more carefully to what his experts tell him.

[2 risky] 19/10/2021 12:42

Under 14 million market cap,laughable,and something the two boy wonders must be so proud of.

[slicethepie] 19/10/2021 10:36

At what point do these 2 clowns get their marching orders. Surely at least one of them should go.

[kirkuk] 15/10/2021 16:05

Reminds me of EME and their gas play in California. EME had bought in
and the operator informed them of very large gas find but it took ages
to progress and there were always delays, until : there is no gas production.

RBD is not the operator in California, Romania and WN. Large resources found
but still delays etc etc.

If there was a huge resource you would think they would go hell for leather
to prove it up. But always delays!

[dan de lion] 15/10/2021 15:22

Worth a read, post 11138 on the UJO thread.

[grannyboy] 15/10/2021 15:10

That 'bid'for DELT was a red herring, to give the impression the two well paid CEO's were doing something for their overly generous salary..

[slicethepie] 13/10/2021 21:55

I had forgotten these numpties tried to bid for deltic, offering 1.5 rbd for each deltic share. Today they would need to offer 15 rbd for each deltic share! It must be time these guys got their marching orders

[grannyboy] 13/10/2021 12:24

I cannot remember the last time the two boy wonders(LOFL) put out a positive RNS???? And it's no good turning to the clowns at Rathlin, all they're good at is spending the money the two boy wonders(LOFL) hand over ...

[greypanther2] 13/10/2021 09:35

Ye Gods, that was a really disappointing RNS. The WN gas in place is down by 76% and "liquids" (we still don't know if they are light oil or condensate, but it looks like condensate from the reported API gravities) are down by 22%. Overall, the total hydrocarbons in place, measured in barrels of oil equivalent, are down by 39% from 199.65 to 121.98 million boe. IMO that's two rather expensive and inconclusive EWTs since we still don't know if Rathlin can extract anything in commercial amounts or, if they can make it flow at decent rates, how much of it we might recover. I've pretty well given up on the liquids, I'm afraid, but they still haven't reported a measurable gas flow rate, which is very worrying. And I see that a new prospect has emerged at Withernsea. I wonder if it's an old one re-named or, if not, what and where is it? And (nearly finally, you'll be glad to hear) did their resident expert read the RNS carefully beforehand? I've never seen reservoir development (the thickness) measured in "MD" terms. So I'm now wondering if this licence will be quietly dropped and we will "move on" to Victory next!

[simon_64] 13/10/2021 09:32

LOL !

I am not going anywhere PD.

[pistonbroke1] 13/10/2021 09:23

Where are you Simon, RBD need you.

[thetoonarmy2] 13/10/2021 09:09

So was ujo fully funded each time before they did one of the 3 leaked placings don't trust what these lot tell you. Why no volumetrics after all this time can they not say it flowed at X over such a period That's why RNs not well received.

[soulsauce] 13/10/2021 08:38

It makes me laugh when people ask why this is down. Didn't they read the Rns.