Reabold Resources Share Discussion Threads

[alamaison5] 13/8/2018 08:05

The trap is open, lol. Don't fall in...

[ileeman] 13/8/2018 08:04

Great update.

Cali drills starting which are already on a producing field, this drill is worth 50% to RBD, then we drill another cali drill and then another cali drill in H2, then straight into Wick.

No brainer buy/hold.

[dandadandan] 13/8/2018 07:33

Great RNS and it is all just starting off.

These lads are going to make you £££;££££s.

Follow the money. Those majority Inst' Investors, knew a good thing when they checked it out.

Also get ready for WICK...

GLA.

[jungmana] 13/8/2018 07:12

Fantastic rns there. Things moving on very well in California

[luckyman3] 12/8/2018 18:23

Oulten next year

[jungmana] 12/8/2018 11:41

Don't forget Oulten :-)

[ileeman] 12/8/2018 10:45

Wick is a very nice bonus for us but will be all about Colter and Parta due to the chance of success, both around 60% CoS.

[ltinvestor] 12/8/2018 10:36

City boys have been buying and are continuing to buy rbd.I personally have great hopes for this stock which, IMO, is too lowly rated on a risk reward basis.I said the same when I was able to accumulate Hur at around 11p!Hopefully this will be as successful.Gla

[dandadandan] 11/8/2018 17:50

Correction - Fraser Well Management Ltd.

Williams is another contact.

GLA.

[dandadandan] 11/8/2018 17:44

Are you now getting ready for WICK as well as more good news from RBD.

Fraser Williams Management are all ready to go at WICK.


So check this out for a bigger picture.



FWM have a great success rate. Roll on September.

GLA.

[dandadandan] 10/8/2018 15:25

Check out the twitter feeds SS1.

Just sit tight and wait for the activity.

Patience pays and these two lads are being noticed by the City Oily crowd....
I noticed plenty at the Coq event as well.

Also keep an eye on Upland....
Not long to wait...

GLA.

[theaviator] 10/8/2018 13:34

You keep missing that entry Al eh? pmsl

[simonsaid1] 10/8/2018 13:28

Dan, what do you mean by window of opportunity? Have you heard that Reabold have been offered something?

[ileeman] 10/8/2018 13:11

Should get another asset announcement over the next few months.

Dont foget we have more drills in 2019 lined up + a new asset coming in would mean around 12 drills total by H1 2019.

[dandadandan] 10/8/2018 13:10

Another window of opportunity has opened for business.

Deal or no deal?
The S & S team know their due diligence.
Tweet, tweet......

Will it be announced today or early next week?

That money in the Bank needs to be made to work harder.



GLA.

[soultrading] 10/8/2018 10:49

What news is it you refer to Dandadandan?

[dandadandan] 09/8/2018 19:36

Sept for Wick which has been confirmed by Upland. Value £29m to RBD plus W Brentwood at £19m. If all goes well, the kitty will swell by a nice £48m +.

Getting ready for an share price of at least 1.5p next and do not forget that cash in the bank that needs to be invested in another window of opportunity.

Money makes money....
Buy in and the 'spirit of wealth', should be knocking at your door... :).

Will that news leak tomorrow?
Get ready for the tick up next...

GLA.

[luckyman3] 09/8/2018 19:01

News very soon then we move up to the next level of 1p+

[simonsaid1] 09/8/2018 16:06

Lol what inanity.

[alamaison5] 09/8/2018 15:52

What doesn't go up must come down...Another few zillions shares to go...

[dandadandan] 09/8/2018 12:31

West Brentwood next week and it looks like early news from Parta is excellent.

IMO do not be out of this over the weekend. Watch what happens on Friday pm if early news leaks..

A few tipsters have also got this on their radar check list. Met the at the Coq.

GLA.

[theaviator] 09/8/2018 10:36

pmsl a thumbs down eh. Some right toss pots on here

[theaviator] 09/8/2018 10:24

Took another 10k worth there for my kids.

[simonsaid1] 09/8/2018 09:53

The great thing about Reabold is that it's set up more like a fund/II. Indeed it was originally going to be a fund under the Guinness stable, but the industry was still in a poor state at the time and they couldn't get enough backing.

Lucky for us, as now the industry is recovering rapidly, but instead of being a fund, Stephen and Sachin took over Reabold Resources and built this as a listed company. There is a lot of institutional backing in the share registry, but PI's get a more direct touch too.

Like a fund, they are building a diversified play that can't be destroyed by a single bad drill result. Indeed with the significant number of projects and drills within them piling up here, they only need a small percentage of the scheduled drills to strike to more than justify the piddly <£30m market cap.

This is why myself and many others I know are prepared to park more money here than we'd normally be willing to on an AIM resources share. Unlike most where the share value is really built around 1 or 2 drills, this is built around 3 separate projects which each contain a range of drills across oil and gas targets. They are also only investor in most of these so have either zero or limited cost obligations, they have zero debt, and several million pounds in the bank from the previous placing still awaiting use to acquire a new asset.

On the risk side you have to weigh up the shares held by Gaelic Resources which at some point will be sold (likely after the majority of their projects have been drilled, as Stephen explained the sale was reluctant and they took equity instead of cash to ensure they could feel the benefits of success for the assets they worked so hard on). Also there are the general sector risks of oil and gas plays.

Overall the risk, for me at least, is significantly limited by the diversified spread of projects the company is involved in (I have reasons to strongly expect the next to be announced very shortly), and the remarkably low market cap at present.

So no, 'alamaison', this is not dependent on all operations striking hydrocarbons. The whole reason this investment is so alluring to many of us is that it only requires a small amount of success among its diversified base to justify and exceed the tiny market cap.