Reabold Resources Share Discussion Threads

[1bluehorseshoe] 02/8/2018 13:15

NY Mellon reduced by 12m no doubt policy to de risk

[jayj4u] 02/8/2018 13:09

Nothing goes up in a straight line.... we will get some dips and this is a good chance to buy some more. i'm expecting this to dip to 0.85p.

[city chappy] 02/8/2018 12:02

Close around 1p then a quick move to 5p.

[theaviator] 02/8/2018 10:26

Any sells being usurped by buys. This aint the place to sell. Just the beginning. Actually grabbed a few more.

[ileeman] 02/8/2018 10:24

Will be suprised if 1p breaks straight away, will take a few attempts imo

[stu1210] 02/8/2018 09:35

Got a small top at at .955 happy to let this ride for the next few months....?

[tewkesbury] 02/8/2018 09:26

Just needs a few buys to carry it over 1p.

[tewkesbury] 02/8/2018 09:15

West Brentwood spuds this month.

[city chappy] 02/8/2018 08:35

More like 20p on the size of some of those assets, oil and gas prices, and ease of monetisation.

[dandadandan] 02/8/2018 08:12

Fast returns and minimal outlay.
Fully funded.

What is not to like here.
Watch out for this afternoons surge from the US again, as more news gets out.

Cautious City Brits are holding this back as they cannot believe they got it so wrong and the S & S team were right, all along.
They still do not believe the figures that are likely to be monetised.

Roll on 31st December. 5p anyone?

GLA.

[theaviator] 01/8/2018 21:39

James is a nice lad. Good Northern Irish boy.

[tewkesbury] 01/8/2018 19:39

If anything RBD should be trading at a premium because of their efficient investment strategy focussing on large low risk fast returns, minimal outlay without direct involvement or expense, and intention to exit at the right point and be positive share price orientated. It's run by two top oil investment analysts rather than geologists. 10p by Christmas.

[lw425] 01/8/2018 18:43

My assessment is we're currently trading at roughly 10% of NPV but all those assets are capable of producing cashflow in the next 12 months.

Therefore the shares are far too cheap. Really should be trading 1.5p to 2p as a bare minimum starting point before any spuds.

Assuming all the low risk wells come in as expected then the target of 9p is realistic and that's before any further acquisitions.

[ileeman] 01/8/2018 18:36

Break 1.1p then no resistance till around 2p+, shouldnt be too hard to break over coming weeks.


free stock charts from uk.advfn.com

[dandadandan] 01/8/2018 18:29

Just received my invitation. Looking forward to seeing some of you at the Coq d'Argent. If you are going you need to R.S.V.P Jessica tel [phone].

I also like to comment about being a 'high impact year'.

Well done S & S your strategy is showing up the rest of the 'so called' City experts. As someone said elsewhere, they should be on the worry beads at M & G management.

GLA.

[jon1962] 01/8/2018 16:55

Thanks for details but lady on holiday So managed to get the number as shown below for invite

[jon1962] 01/8/2018 16:54

You will need to call James Crothers?020 3757 4980?As I did to get an invite

[dandadandan] 01/8/2018 16:31

Just checked out some of their Inst Investors. It looks like they have got some hidden Royal patronage. Nice one S & S.
They know a good thing when they see it.


GLA.

[dandadandan] 01/8/2018 16:25

Thanks Jungmana.
I hope to get an invite and attend.

Onward and Upward......

GLA.

[1bluehorseshoe] 01/8/2018 15:06

So many possibilities, Parta must be close too

[tewkesbury] 01/8/2018 14:51

Might be news from the other two California workovers next week.

[jon1962] 01/8/2018 14:20

Thanks Jungmana

[theaviator] 01/8/2018 14:15

Yep spot on. 1.10 is the figure we need to crack then blue skies. Plenty of news to come that will push us through. No worries here.

[1bluehorseshoe] 01/8/2018 14:14

Thanks iLeeman feels like it's coiled

[ileeman] 01/8/2018 14:11

1p-1.1p is yearly resistance, will take a few attempts to crack.

When it does break it will be a monster move. No doubt in my mind it will break over next few weeks/months. No resistance until 2p+ after 1.1p.