Reabold Resources Share Discussion Threads

[talkman2] 23/12/2021 07:12

The current gas price values Victory at over £1.5 billion!!!

[talkman2] 23/12/2021 07:11

Victory valued at £197 million at 50p a therm. The gas price is over 8 times over that currently. Do the sums Something has to give here. Given the forward projection for the gas price this asset is of very significant value to RBD given out current market cap is just £10 million !

[uggy100] 21/12/2021 16:55

Jeez, if only RBD were

[simon_64] 21/12/2021 15:27

Now over 370% up.

[simon_64] 21/12/2021 14:55

Daybreak up over 200%.

[nicosevos] 15/12/2021 09:02

JAN22 327.000

[waltzing] 14/12/2021 23:31

Ken will taste better with a few carrots.

[flying pig] 14/12/2021 16:15

RECENT NEWS
10TH DECEMBER 2021
PLANNING APPLICATION UPDATE
Following the announcement on 26 November 2021 about Rathlin Energy (UK) Limited’s plans to submit a revised proposal for the West Newton A site, and a time extension request for West Newton B, we can confirm that we have now submitted notices for the revised planning applications.

It was our intention to write to all local residents during week commencing 13 December informing them of the applications, (which we will continue to do), however, in light of BBC Look North’s plan to run a story on the subject on 10 December 2021, we are happy to provide the following public summary:

We are aiming to submit the revised planning applications by the end of December 2021
The West Newton A application will be for four new wells (down from six) and the proposed site will be 25 per cent smaller than our original planning application which was considered by councillors on 30 September 2021
Due to the proposed reduction in wells, the duration of drilling will be reduced from 24-months to 17.5-months – a decrease of 6.5-months drilling the required boreholes
The reduction in activities will mean far fewer vehicles using the local road network during the construction phase
We have created a new hedge/tree planting proposal that will further reduce the visual impact of the project, screening it from public view at ground level and from further afield
We have changed our storage tank design from vertical to horizontal therefore making the site equipment less elevated and hidden behind bunds and trees
We reinforce our commitment to a maximum 10 tankers per day during the production phase. We have also restated our previous position that if the quantities of hydrocarbon extracted reach high enough levels, we will explore the possibility of installing a pipeline
We will also be submitting an additional application for a time extension at the West Newton B site
We continue to be committed to developing a Community Benefit Fund in recognition that the success of the development is shared and invested into local community projects.
Local community/parish liaison group members met with representatives from Rathlin Energy (UK) Limited to hear about these plans first-hand on 02 December 2021. The notes from the meeting can be found on the company website at: www.rathlin-energy.co.uk. East Riding of Yorkshire Council will advise when the application is published for comment and we will be in touch in due course to announce when more information will be available via our online information portal. We also give a clear commitment to with work with the West Newton community liaison group in an attempt to openly engage with and inform local people about our work.

[uggy100] 14/12/2021 00:11

archie forget about a value for Victory, the 2 bozos need to get it sold. About time they got something right (if they can)

[ken chung] 13/12/2021 23:45

Going down nicely.Thanks for the wealth transfer.Lemmings and mushrooms only.

[archie222] 13/12/2021 20:58

Gas prices near record highs as Berlin rejects pipeline from Russia.



Should help any Victory valuation.

[nicosevos] 13/12/2021 13:58

JAN22 295.000

[waltzing] 12/12/2021 23:42

Keep the faith gla

[2 risky] 12/12/2021 19:28

Priced to fail now,all over bar the shouting.

[steelwatch] 11/12/2021 15:14

Cheers CURRY.

5. Any Other Business

GH asked what was happening with the West Newton C and West Newton D applications. CF said that these were not now being progressed.

[canigou2] 11/12/2021 13:25

I've lost hope and so has the share price, but it appears Rathlin have not.The new application is for 4 wells and a maximum of 10 tankers a day (1500+ bbls). Seems unbelievably optimistic for a dead duck.

[the donald] 11/12/2021 09:13

They broke their own rules too. The plan was to invest in multiple short term gain projects yet they have put so much into WN leaving limited funds for other projects. The risk as a result was huge and I am so glad I took a loss long ago. Mind you, had WN been a huge success, that risk would have paid off but that was never their initial investment strategy.

[korvet] 10/12/2021 12:17

Is losing money a virtue?

[weebun] 08/12/2021 22:21

Take a look recently updated institutional share holders on Rbd website seems with the share expansion they have increased there holdings

[aslamqadri] 08/12/2021 13:28

misleading investors ?

[aslamqadri] 08/12/2021 13:00

my buys going through as sells ??????