Reabold Resources Share Discussion Threads

[uggy100] 01/5/2024 19:27

We await our 2 idiots to update us.

[aslamqadri] 01/5/2024 19:06

Anyone has any idea about West Newton what's happening ?

[uggy100] 01/5/2024 18:37

The 2 scumbags seem very reluctant to step up to plate & drive things forward to say the least. They've proved to be disastrous throughout their stewardship. Market prices in failure & they just fiddle while RBD burns. Intolerable.

[likeawalrus] 01/5/2024 14:49

the rbd presentation said the new plan will cost £9.6m or £1.6m per 1/6 so Rathlin is about £3.5m short. RBD has £3.5m to spare so why hasnt a deal been done?

RBD promised to return £4m to shareholders, they spent £0.5m on buybacks so that leaves £3.5m to return to shareholders. well I say use that £3.5m pledge and do a deal... get WN drilled!

[currypasty] 01/5/2024 14:18

this was February

"Following the receipt of the final tranche payment from Shell for the sale of Victory in January 2024, Reabold now holds £9.1m net cash and is therefore financially well positioned to progress these key assets, as well as distributing excess cash to shareholders."



not a peep about the cash since

[currypasty] 01/5/2024 14:06

not looking likely, funding has only tightened since they first started looking...
call it a day, flog it and give cash back

[uggy100] 01/5/2024 14:03

Who else thinks Rathlin are unlikely to secure funding, especially after the Deltic disaster.

[steelwatch] 30/4/2024 15:16

Courtesy of xxnjr on the DELT thread:

[soulsauce] 30/4/2024 13:35

Agree Curry

[currypasty] 30/4/2024 13:15

hand the cash back, and wrap it up

[soulsauce] 30/4/2024 12:55

I see Deltic have taken a tumble due to not being able to get a partner for Pensecola on concerns regarding a potential labour government's policies.
Maybe we are having similar difficulties and insecurities but either way the two fukwits should be updating us.

[uggy100] 27/4/2024 19:10

Steel tbh nothing surprises me anymore. We have to accept that RBD is run by a pair of clueless liars.

[steelwatch] 26/4/2024 21:33

Just realised the "assessments outcome" is clickable. Google translation of content:

Subject: [VIP_ID: 8569] Preliminary evaluation pursuant to art.6, paragraph 9 of
Legislative Decree 152/2006 relating to "Small Scale LNG Project" and "Staged Development Project" - Development project of the "Colle Santo" natural gas field.
Proponent: CMI Energia S.r.l.. Communication of evaluation results.

The note dated 06.15.2022 has been received, acquired on the same date in the protocol. 75064/MiTE, with which this Company has submitted a request for preliminary verification pursuant to art. 6, paragraph 9, of the Legislative Decree. n.152/2006 relating to the realization of two possible hypotheses for the development of the field of the Colle Santo area, called “Small Scale LNG Project” and “Staged Development Project”, as a further variation of the area development project. At the same time, with the same note, this Company has made a request pursuant to art. 20, Legislative Decree. n. 152/2006, in order to obtain
indications on the preparation of the environmental impact study for both projects in question
indicated.

Given the above, from the analysis of what was transmitted, considering that with the VIA D.M. decree n. 406 of 11.09.2014, a negative opinion was expressed regarding the environmental compatibility of the project to vary the development program of the "Colle Santo" field, referred to in the request presented by this Company on 04.18.2016, given the evidence of important environmental criticalities emerged during the evaluation of this project, it is believed that the proposed design solutions require an environmental impact assessment procedure, pursuant to art. 23 of the Legislative Decree. n.152/2006.

Regarding the request made pursuant to art. 20 of the Legislative Decree. n.152/2006, must be transmitted formal request using the forms available on the Evaluation and Authorizations Portal environmental VAS – EIA – AIA at the link



I think this means disregard my previous post, LOL

[steelwatch] 26/4/2024 21:10

Still awaiting "assessment's outcome"



Click Union Jack top right if not in English

[uggy100] 26/4/2024 18:54

Still no news on the pre production permit for CS that we were told would have by end of 2023. What a shambles the 2 fekwits are.

[uggy100] 23/4/2024 19:28

Correct soul, just their remuneration.

[soulsauce] 23/4/2024 18:08

They don't give a 💩 about shareholders.

[uggy100] 23/4/2024 18:04

Curry, do you actually think they would ever consider keeping shareholders up to date ?
I'm becoming increasingly convinced the pair are having an extended holiday leaving the cleaner in charge at the office. Hence the rise in share price

[currypasty] 23/4/2024 15:58

5th April price 0.060 - 0.065

18th April price 0.085 - 0.095


yet not a peep from Company..

[steelwatch] 22/4/2024 20:43

Monthly ops updates at the moment would probably add up to "nothings happened" LOL

[uggy100] 22/4/2024 16:57

I should add that a general monthly update is beyond our pair.