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RBD Reabold Resources Plc

0.0675
0.00 (0.00%)
Last Updated: 09:13:33
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Reabold Resources Plc LSE:RBD London Ordinary Share GB00B95L0551 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.0675 0.065 0.07 0.0685 0.0675 0.07 13,073,967 09:13:33
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Mgmt Invt Offices, Open-end 0 -7.19M -0.0007 -1.00 6.67M
Reabold Resources Plc is listed in the Mgmt Invt Offices, Open-end sector of the London Stock Exchange with ticker RBD. The last closing price for Reabold Resources was 0.07p. Over the last year, Reabold Resources shares have traded in a share price range of 0.0585p to 0.1325p.

Reabold Resources currently has 9,876,625,883 shares in issue. The market capitalisation of Reabold Resources is £6.67 million. Reabold Resources has a price to earnings ratio (PE ratio) of -1.00.

Reabold Resources Share Discussion Threads

Showing 15026 to 15045 of 15300 messages
Chat Pages: 612  611  610  609  608  607  606  605  604  603  602  601  Older
DateSubjectAuthorDiscuss
20/5/2024
15:17
I share your concerns curry, we've been strung along for years by the clueless crooks.
Get rid of them.

uggy100
20/5/2024
12:22
cant see it ever being drilled
currypasty
20/5/2024
12:05
my LSE post

31.12.22 cash at bank of £3.6m (Rathlin 2022 accounts)

2023 spend on WN circa £1.8m (my estimate based on UJO's 2023 spend)

new plan costed at £9.6m by RBD

Rathlin needs £6.4m to fund their 4/6 of WN

Conclusion - Rathlin £5m short

likeawalrus
20/5/2024
08:47
Thanks S, nothing of substance there.
wotts
20/5/2024
07:44
From today's UJO report:

Throughout 2022 and 2023, data collected during drilling operations and well testing, which included core, oil and gas samples, wireline log and well test records, were analysed by independent laboratories CoreLab, Applied Petroleum Technology ("APT") and RPS. The results of these analyses, in conjunction with internal evaluations, have been invaluable in informing the upcoming programme of work and future drilling plans.

Laboratory reports confirm that the hydrocarbon-bearing Kirkham Abbey reservoir is extremely sensitive to aqueous fluids and that previous drilling of the West Newton wells with water-based mud had created near well-bore damage through the creation of very fine rock fragments, affecting the natural porosity and permeability of the formation, which in turn had a detrimental effect on its ability to flow. Further analyses have concluded that the use of dilute water-based acids during well testing would have also affected the flow characteristics of the Kirkham Abbey reservoir.

These tests indicate that by drilling the Kirkham Abbey reservoir with an oil-based drilling fluid, damage to the oil and gas reservoir should be minimised.

A feasibility study is being undertaken by independent energy consultants CNG Services Limited on a single well development and gas export plan. The scope of the West Newton feasibility study is to determine the technical and economic viability of a single well development, with production processed from a modular plant and a 3.5 kilometre pipeline from the WNA site to the National Transmission System at an existing above-ground installation.

Commercial gas production could be brought to market within months of a successful production test, resulting in a materially reduced capital investment which provides significant early cash flow whilst additional activity is carried out on the further development of the West Newton project.

GaffneyCline Associates, an international petroleum consultancy, is currently compiling a Carbon Intensity Study in respect of the gas resource at West Newton. Union Jack believes that, in these environmentally aware times, investors will only wish to commit investments in companies and projects that support a transition to a low-carbon economy. As part of our ongoing strategy in respect of the environment going forward, we commit to be totally transparent in respect of our projects and on how our Carbon Management Practice is implemented.

The joint venture partners continue to plan the most efficient and economic method to convert the impressive West Newton Contingent Resource into a viable hydrocarbon development within an acceptable time frame.

A future West Newton development will benefit from being located in an area that provides access to substantial local infrastructure and could deliver significant volumes of onshore low carbon sales gas into the UK's energy market.

sleveen
17/5/2024
16:24
30 May last year, but who knows?
steelwatch
17/5/2024
13:35
according to msn, finals due out on the 24th
likeawalrus
16/5/2024
15:50
It seemed like there was going to be some news of progress at end of April with the uncharacteristic and sudden rise... Looks now like a pump and dump, or MM's drumming up some business as its slowly ticking back down to where it was.


how on earth are they still in a job ?

currypasty
16/5/2024
14:34
Drip drip goes the share price The only positive, if you could call it that is that the 2 tools reputations are in tatters. Not that it helps us much.
uggy100
09/5/2024
11:24
Nice one Steel, thanks....
gla
Edit, I took the liberty to post on LSE.

nicosevos
09/5/2024
11:15
Not a new broker. Just that they've ditched Stifel Nicolaus as joint broker.
steelwatch
09/5/2024
07:13
Reabold Resources plc, the investing company focussed on European energy security, announces that Cavendish Capital Markets Limited will act as the Company's sole Broker with immediate effect.
currypasty
02/5/2024
20:12
C/S ... "prepayment potential would be almost €30m." (£24m). rbd 23.5% stake > £5.6m

Should be enough to cover some WN drilling ... of course, they would need permissions from the Italians first.

archie222
02/5/2024
12:18
Quite right law. Yes welcome news but this project , as you say, is not going to provide funds for us for years. I expect Williams to be vague at the best of times so no shock there, even if he is telling the truth (highly unlikely).
I want the share price to recover strongly but find it hard to see how it will with the absolute dross we have running the show.
Tnt, don't really care what you think.

uggy100
02/5/2024
08:37
tnt the nay sayers which I guess includes me, want the share price to recover strongly but it's hard to believe a word this company says. today's rns is part of the process to get the CS ducks in a row which is good but there's a long way to go for rbd to monetise the CS investment, not least of all because LNe intends to reinvest profits in capex, it will be years before rbd makes money unless LNe has an IPO which allows rbd to sell shares
likeawalrus
02/5/2024
08:27
Share price needs to correct big time let's hope this is onwards and upwards and that the ney sayers on this thread go quite
tnt99
02/5/2024
08:07
my lse post

"The average forward Italian PSV gas price for the years 2025-2030 is currently approximately €30 / MWh."

so, not the Euro45 mwh they used in the October presentation to forecast E.11m-E.12m pa, strip out the 10% they don't own, scale it down to Euro30 mwh and Euro11m pa becomes Euro 6.6m pa

likeawalrus
02/5/2024
07:44
That's very promising now we need news on west Newton progress
tnt99
02/5/2024
07:44
At laaaaast, something!!!!!!!!!!!!
nicosevos
02/5/2024
07:18
Some good news this morning
kwizza
Chat Pages: 612  611  610  609  608  607  606  605  604  603  602  601  Older

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