Reabold Resources Share Discussion Threads

[currypasty] 06/6/2024 10:38

The number of Ordinary Shares subject to the nil-cost options granted under the Awards are set out in the table below. The nil-cost options will become exercisable from the third anniversary of the Grant Date, subject to the terms and conditions of the Plan.

Director/PDMR

Position

Number of Ordinary Shares subject to Award

Sachin Oza

Co-Chief Executive Officer

36,839,030

Stephen Williams

Co-Chief Executive Officer

36,839,030

Chris Connolly

Chief Financial Officer

22,338,750

[uggy100] 04/6/2024 14:25

Curry, having been to last year's agm I guarantee the Chairman will try to close the meeting before a shareholder can ask searching questions. This year I'm going to insist on having my say before the meeting is closed so my points are minuted.

[currypasty] 04/6/2024 11:57

hope you do uggy, you speak for many holders, sick of the lack of progress, despite substantial rewards for mngmt.

[uggy100] 04/6/2024 11:52

I'll also be questioning the decision to award them bonuses of 50k each. For what exactly ?

[uggy100] 04/6/2024 11:29

I'm hoping to attend. If I can get there I'll be launching a broadside about the unacceptable behaviour of our bent ceo 's.

[westmoreland lad] 04/6/2024 11:20

The AGM is to be held on Friday 28 June 2023 at 10.30 a.m.

Business as usual ?

[tunley] 02/6/2024 20:25

I wish. Somewhere in the small print it says Rathlin are talking to NSTA re an extension. I tell you, this share is a master class in jam tomorrow, whilst being diluted to weak ribera... Still holding like the idiot optimist I am.

[archie222] 02/6/2024 17:17

"The joint venture has a commitment to the North Sea Transition Authority ("NSTA") to drill and test a new Kirkham Abbey deviated or horizontal well by June 2024 and to recomplete or sidetrack and test one of the existing wells in that same timeframe."

June already? As it's later rather than sooner with RBD am expecting some sort of WN update towards the end of the month.

[tnt99] 02/6/2024 06:45

It will be drilled in the fourth quarter according to Union Jack oil

[markfrankie] 01/6/2024 23:50

13471 Jun '24 - 07:41 - 22994 of 22995
0 2 0
If Raithlin as the operator can't or won't fund the agreed development then the NSTA may well re-assign their licence as the agreement has been breached. Can't pay, we'll take it away basis.

[squiresquire] 31/5/2024 07:39

Just dropped in to see if reults showed any promise to buy back in....no, not yet, At least teh two boys are still being paid which is nice to see, and despite not getting anywhere so far Rathlin are still trying to raise the money to go ahead and drill, so thats nice. Morning Uggy hows the Carehome plan going?

[steelwatch] 31/5/2024 07:22

The joint venture has a commitment to the North Sea Transition Authority (“NSTA”) to drill and test a new Kirkham Abbey deviated or horizontal well by June 2024 and to recomplete or sidetrack and test one of the existing wells in that same timeframe. As mentioned above, drilling of the first development well is subject to Rathlin securing funding. There is an active process underway to assess options to source funding for Rathlin’s share of the cost, including through a farmout, or through further investment from Reabold, which, following the receipt of the proceeds from Shell, the Company could potentially provide, in addition to funding its own share. As a result of Rathlin’s funding shortfall, drilling of the first development well will not be completed prior to June 2024. Rathlin, as operator, has initiated discussions with the NSTA to defer the deadlines for these commitments.

[steelwatch] 31/5/2024 07:10

Annual Results are in for chewing over folks

[uggy100] 30/5/2024 19:24

So do we think WN will ever be drilled ?

[aslamqadri] 30/5/2024 07:52

West Newton or bust The way things are going not looking good long run

[uggy100] 29/5/2024 23:34

So very quiet on here.

[dan de lion] 25/5/2024 09:39

Mimimum share price proposed for stocks to remain in the market:-

[uggy100] 24/5/2024 12:14

Yes a pointless RNS from 2 pointless ceo's.
They are the lowest of the low.

[greypanther2] 24/5/2024 10:21

I reckon this is a pretty pointless RNS. Why was a carbon intensity study undertaken for a gas discovery that has never yet tested at anything like a commercial rate, which Rathlin (the operator) apparently can't afford to appraise, and for which the controlling shareholder (Reabold) doesn't seem to know what they are doing?

[32campomar] 24/5/2024 08:44

I've said it before & I'll say it againWest Newton will never get drilled when Labour win power. There will be a ban on any new oil & gas drilling, and they have made that very clear. The 2 incompetent fools who run this company have messed around for so many years, they have only themselves to blame.

[markfrankie] 24/5/2024 08:17

WN's AA 'or for sale sign is up'