Reabold Resources Share Discussion Threads

[wotts] 09/1/2024 09:29

You have no credibility, time to log off and watch.

[squiresquire] 09/1/2024 09:25

The share porice is dropping because of the hostile bid by people cho simply cannot pass the due diligence needs of the Nomad. The professional bodies who have consulted all say

DONT TOUCH THE BID BY THOSE WHO WANT TO GRAB THE ASSETS WITHOUT PAYING A PREMIUM

You guys have been suckered by passing tramps who hafve no strategy or credibility with the professionals.

[swiftnick] 09/1/2024 08:47

Worth about £12,600.

[wotts] 09/1/2024 08:47

squire, what does it take to stop your lies?

[currypasty] 09/1/2024 08:31

Date of purchase: 08 January 2024
Aggregate number of Ordinary Shares purchased: 14,909,546

[squiresquire] 09/1/2024 08:15

Why would one asset prevent funding?

That is patently ridiculous. Funding depends on viability and return. Poor old Uggy. Not a coherent cell left.

[uggy100] 08/1/2024 14:04

wotts, I think they know they're struggling this time & are clutching at straws.
If Colle Santo is just a smokescreen & shares in RBD were used to garner votes & it gets out its the slammer for them.

[wotts] 08/1/2024 14:00

Yes, I would expect the new team to have this solved already. Really poor behaviour from RBD and their advisors.

[likeawalrus] 08/1/2024 13:52

hi wotts, according to rbd, shares will be suspended after the meeting if they are voted out

"...in the event that the resolutions in respect of the appointments of the proposed directors are passed, Strand Hanson has informed Reabold that it expects that it would be required to resign from its role as the Company's Nominated Adviser with immediate effect. Should this be required, in accordance with AIM Rule 1, trading in the Company's ordinary shares on AIM would be suspended following the closing of the General Meeting on Wednesday, 10 January 2024. "

I guess there may be a brief window after the meeting while the bureaucratic wheels turn

[uggy100] 08/1/2024 13:39

law he doesn't have any. As fr failing DD protocols at 6 institutions are you seriously expecting me to believe that the CEO of Zen is unable to gain the required accreditation ? Doesn't wash with me.
We've reached this stage as a result of complete mismanagement by the encumbents. No one else is to blame.

[wotts] 08/1/2024 13:34

He'll probably post the last ten RNSs to cover that up!

[likeawalrus] 08/1/2024 13:25

no directors buying since November 2022

03/11/23 declaration by Ruffer

so where is your evidence for "...Directors and Major shareholders buying more recently"

[wotts] 08/1/2024 13:24

Perhaps the market is sending RBD a message as to their conduct in defence of their tenure? No change promised to their ever failing business strategy. No salary reductions, no Williams removal. Expect a big bounce on Wednesday afternoon when they become unemployed.

[squiresquire] 08/1/2024 12:58

With RBD buying back, Directors and Major shareholders buying more recently things look very good at this price thanks to the bandits trying to get in for nothing

[brut winky] 08/1/2024 12:48

first batch, will pick a few more up.

[squiresquire] 08/1/2024 12:42

RNS Non-Regulatory

TIDMRBD

Reabold Resources PLC

29 December 2023

29 December 2023

Reabold Resources plc

("Reabold" or the "Company")

Glass Lewis Recommends Shareholders Support the Board's Recommendation to Vote Against All Resolutions

Reabold, the oil & gas investing company with a diversified portfolio of exploration, appraisal and development projects, is pleased to provide the following update on the Glass Lewis Proxy Paper report, as it relates to the Company's requisitioned general meeting to be held on 10 January 2024. Glass Lewis has recommended that shareholders VOTE AGAINST ALL proposed resolutions, consistent with the current Board's recommendation.

The current Board would encourage shareholders to cast their vote at their earliest convenience to ensure their votes are received before the general meeting.

Sachin Oza , Co-CEO of Reabold, commented:

"We are pleased to note that the Glass Lewis Proxy Paper report, along with the ISS Proxy report, recommends that shareholders vote AGAINST ALL resolutions, consistent with the current Board's recommendation. We strongly encourage all shareholders to vote at their earliest convenience."

Ends

[likeawalrus] 08/1/2024 12:42

winky, could be a short term win/win. if the chuckle brothers hold on to power I expect a bounce, if they are kicked out I expect a bounce too (once a new nomad has been appointed).

RBD's year-end is 31/12 so if the Requisitioners win, I expect an in-depth audit of the 2023 accounts and quite possibly the same going back over several years. It will certainly be an interesting few months...wink, wink!

[squiresquire] 08/1/2024 12:42

Once this lot voted out, share price leap like last time

[crankylad] 08/1/2024 12:36

"tempting" Yes like a fresh 💩💨

[brut winky] 08/1/2024 12:31

I know estimates are just that and even proven is proving difficult to reach, but these have potential reserves across the portfolio of £750m.

At all-time lows, that looks like might be broken, tempting.

[wotts] 08/1/2024 11:59

Doesn't help your arguments, just company propaganda trying to smear the incoming directors. Do take note, they do not use the words you have.

[wisteria2] 08/1/2024 11:55

£400,000 fighting a bunch of Bandits trying to get control on the cheap! bar-stewards

[wisteria2] 08/1/2024 11:51

Wott...correct i don't.