Reabold Resources Share Discussion Threads

[ken chung] 06/10/2018 09:15

You show all the classic traits of a lemming. It has no direct revenues and needs regular dilutive share issues.Oil is a dying fuel and Corbyn will ban it by 2025.Rinds me of Tern which just crashed but this one needs a lot more cash to feed the bubble.

[luckyman3] 05/10/2018 16:53

Great company to be invested in.
One of the best on AIM that i have seen for a long time.
Fingers in lots of pies

[ileeman] 05/10/2018 16:44

Pay attention to his comments about them ticking all the boxes, institutions will have no choice but to give them money for the next stage of growth.

When he talks about next stage of growth and insitutions I wonder what he is hinting at...

What a great listen, miles ahead of any aim listed company no raise below the last one and any raise will be significantly higher than todays price, it is no wonder the guy at the end was given them a round of applause lol

[simonsaid1] 05/10/2018 14:20

Monday's Turner Pope presentation video is out:

[luckyman3] 04/10/2018 15:08

I would say between 300 to 500 bbls /pd

[ileeman] 04/10/2018 11:51

What do we think the numbers will be on Monroe Swell assuming success? 4x the NPV but two part drill so what do we reckon 400+ bodp gross?

[ileeman] 03/10/2018 11:13

Another interview, good to see them step up PR significantly.

Nothing we dont already know -

-News on new assets with near term drilling
-Confirms Monroe drilling very soon + provides good info
-Great info on the new board members, leads you to think new assets will be even better than previous ones

[ileeman] 02/10/2018 10:19

Bit of a pullback this morning, I assume still a few retail selling from the recent raise. Loads of volume since raise so should be clearing.

O&G costs are still very low although no denying assets will start rising soon but RBD still well placed to take advantage over next 6 months. The climate will not be about forever and as Simon said they will just stop when they get to expensive.

[simonsaid1] 02/10/2018 10:06

'I think with the oil price rising S&S will find it will get harder to find cheap deals.'

S&S have always said that as soon as that happens, they'll stop. They are not going to buy anything at 'full price', they are purely looking for special situations.

Stephen used words to the effect of 'At that point the oil price will have corrected and our assets will have risen in value too, we'll have made everyone lots of money and we'll sell the assets and shut up the company'.

He mentioned there is a significant lag between oil prices correcting and investment in small projects rising. It's not an overnight thing. But there isn't much time. That is why S&S have done multiple fundraisings and new deals in a very short space of time. They are scrambling to execute this play before the market corrects.

S&S do not expect Reabold Resources to be around in a few years time. It's a strategic play on a market cycle moment. Right now the assets they've bought so far are all looking peachy given the oil price rising in excess of 50% since many of their initial NPVs were done.

[jungmana] 02/10/2018 09:55

Monroe swell spud rns this week imo. Am surprised we are still under 1p

[luckyman3] 02/10/2018 07:53

I think with the oil price rising S&S will find it will get harder to find cheap deals.

[divmad] 02/10/2018 07:36

Using your happenstance POO background, you could argue that RBD's share price has merely reflected the rising price background so far, with no credit for any material organic value-added. That's what I'm here for.

[ileeman] 01/10/2018 19:22

Brent at $85!! not only does it make the production on VG-3 + future drills on Cali looking insanely good but I bet the people that sold the asset would have wanted a lot more than one what RBD paid, oil up almost 20% since buying into the asset, up almost 50% since buying UK assets.

[divmad] 01/10/2018 17:54

Looks like they are passing on Oulton, though, Their stated Q3 "drill or drop" deadline has passed uneventfully.

[ileeman] 01/10/2018 17:30

Great summary Simon, Cali does seem to get brushed away currently hopefully not for much longer.

2 part drill Monroe Swell much bigger than VG-3 at BRENT prices. If/when Monroe comes off then looking at amazing returns and same as VG-3 probably potential to put multiple wells on it very quickly. Also worth mentioning RBD BOD bought into assets when oil price was substantially lower so great business there.

Onto another point maybe board hint at more news on assets tonight.

[simonsaid1] 01/10/2018 16:21

Glad to see someone apart from me mention Monroe Swell! It's such a brilliant little earner. Shallow depth (cheap to drill), substantially derisked (by workovers) and on an existing site. 4 times the indicated resource size of VG-3.

Biggest drill so far for Reabold investors and potentially an extremely near-term source of substantial revenue. No one seems to care!

[ileeman] 01/10/2018 13:33

Reabold presenting later today.

Expect them to release a bit more info on Cali drills, should get an RNS this week on Monroe Swell starting. Shallow drill so a very quick turn over.

[ccr1958] 01/10/2018 13:00

Afternoon chaps ...I just bought in here last Friday... from what I have gleaned this looks a good thing ...

[divmad] 01/10/2018 11:58

If I'm filtering Alamaison5 for his de-ramps, I should be objective and also filter Tewkesbury for his utter tosh, too.

[tewkesbury] 01/10/2018 08:17

10p by Christmas.

[alamaison5] 01/10/2018 08:12

20p by Christmas, lol. But before lets clear these 500,000,000,000,000,000,000,000 shares from the placing at .6p and the rest...

[cashandcard] 30/9/2018 14:42

Also, in my post 1977 re ADL farmin, I suspect the 'seperate area' being mapped south of 98/11-1, is either an updip prospect of the structure that well was targeting or is actually the BG 98/11-2 and 98/11-4z discoveries which tested at 9.6mmcfpd and 120bbls of oil were recovered. We'll have to wait and see what they have.Cash

[gibso6767] 30/9/2018 14:39

Uncertain when next results are due , but IF they can show constant good production figures and there’s no problems with UK assets ( I’d rather they not be involved in Wick , Coulter ) and venture more so in USA then I’d say 2.5p ( work out mcap ) could be easily achievable .

Sachin and Steve seem to be heavily lauded , plauditted and hopefully the cows will come home soon and very soon we will pass highest dilution price , ergo everyone should be in significant profit

[tewkesbury] 30/9/2018 14:22

10p by christmas.

[gibso6767] 30/9/2018 12:43

Tewks re 60,000,000 cu ft gas per day , think it should be 60,000 cu ft .
No well in the world would firstly be able to be drilled ie safety / depth / well control and allowing for size of production string ie tubing ID .

Think 6,000cu ft of gas is BOE