Reabold Resources Share Discussion Threads

[soultrading] 13/11/2018 08:34

Solid developments, massive exposure, easy 2-3p in a couple of months.

[ileeman] 13/11/2018 07:59

Great news about time, the UK moves so slow. Cali drills and UK drills drilling at same time.

Thing that makes RBD the best exposure to Wick and Colter in my eyes, how many people are just going to sell pre results on the other companies exposed to the drills, alot, and how many people are going to sell RBD pre-results, not many.

Colter is one I am looking forward to and no doubt everyone and their dog will want in the Rathlin drills in Q1.

[grannyboy] 13/11/2018 07:54

Yes, should get the final clearance to go ahead from the OGA sometime next week, at least we can see some action starting..

[cashandcard] 13/11/2018 07:48

Good news, finally a timeline of sorts emerging. My only gripe is why they still have certain approvals outstanding. They should have been trying to unwind all those road-blocks during Summer, early Autumn.Anyway, plenty of action coming.Cash

[1bluehorseshoe] 12/11/2018 17:22

https://offshore.clarksons.com

[ileeman] 10/11/2018 15:14

Yup, 500BOPD net short term very do able.

Only needs Monroe to be successful.

3 VG-3 wells puts us on net RBD 300-350 BOPD, imagine multiple wells on Monroe aswell.

[luckyman3] 10/11/2018 15:10

ileeman

Rememberc our share is 50% of production from each well.

[ileeman] 10/11/2018 13:15

Agree short term 500BOPD but sometime in 2019 I would expect 1000BOPD just from Cali, successful Monroe Swell drill with multiple wells could easily hit this number.

Thing I like about RBD they can just sell any successful drill, banking profits.

500BODP at brent is like $7-8million revenue a year (you can assume most of that is profit)....this alone more than covers the market cap, arguably many times over on a typical industry PE.

[luckyman3] 10/11/2018 08:00

I think we could be waiting a long time before we are producing 1000bbls/pd net to Reabold.
I do think that 500bbls/pd is a more reasonable figure over the short term from California though.

[ileeman] 09/11/2018 18:06

Monroe Swell drilling in the next few weeks and market not pricing in anything, it is like it has totally forget about these assets

Looking at around 400-500bodp on Monroe success and then include multiple wells on the field, another VG-3 drill year end will take our total net production from VG3 wells to 200-250.

Dont think it will be long until we are producing 1000bodp (net to RBD) from Cali, at brent prices.

And then onto UK assets say Wick fails and Colter succeeds they will just sell it on for more than our current cap in cash, they are not gonna hang about. 40% CoS on Wick and 58% CoS Colter.

Just need one of these biggies to come in and market will wake up, has been a long time coming.

[pauliewonder] 09/11/2018 16:10

Dipped my toe in the water....or should that be oil. Very impressive couple of interview on VOX recently. Like the wick and Colter exposure.

[ileeman] 08/11/2018 23:15

Not sure where you get next week but should be in November.

They are only 10 day drills.

[luckyman3] 08/11/2018 17:32

Should be spudding Monroe Swell next week hope.
Otherwise we are going to be spudding West Brent next year.

[theaviator] 06/11/2018 15:31

That will be smashed in time. Only need 1 drill!!!!!!!!

[soultrading] 06/11/2018 14:40

it looks good to me. Broker target 3.5p

[theaviator] 06/11/2018 13:38

Oh dear Mr findlay, You tried it on oex now here?! BUSTED!

[ileeman] 06/11/2018 13:34

I assume he is talking about these twitter posts.



Although they might appear rampy that is exactly what they are worth to the company on success, crazy numbers I agree but factual.

No misleading just plain as day laid out in front of you.

To be fair not many people tweet about RBD on news days and a few days following news you get a lot of tweets but other than that it gets very quiet.

[gibso6767] 06/11/2018 13:23

Apf to an extent I agree , same old faces etc , I use Twitter myself and fully appreciate it’s up and down side .

I’m pretty top heavy in RBD myself , what I’ve noticed about the ‘ usual suspects ‘ is that they never ever post a sale , buys they screenshot etc and inform accordingly, this in itself speaks volumes .

There’s a good Dozen of these twitterati that spend every day ramping , colluding , false ids to confuse and argue against ( themselves ).

However RBD is different from any other entity that I’ve ever been involved in , the pedigree of the CEOs , the scale of financing they’ve had ( always at a high and those that have invested accordingly again fills me with confidence).

There’s a lot going on here , myself I’m hoping for a complete end event and shut up shop or sold once the buyers market has finished

[divmad] 06/11/2018 13:16

Stupid post, apf.

There is more meat on this plate than all of your nanocap AIM shares over the years that I have seen. Forget the twitter crowd and just focus on the company's RNS feed for information.

[apfindley] 06/11/2018 13:12

Beware this is being ramped by the twitter crew. The market cap is already £30million.They have setup a fake news account dedicated to rbd. They are posting false graphs and charts and numbers which are adjusted to make you believe its worth much more. They are altering the chance of success numbers and are making random unattainable price projections. When will the fca go after these criminals.

[theaviator] 06/11/2018 12:50

Its only a matter of time as you say. Ive been holding for what seems like years (am v over exposed too) but probably 8-9 months. V happy with whats ahead. If M&G in for 3ml Im v happy to wait. What do they not know?!?!?!

[soultrading] 06/11/2018 11:50

serious potential this

[soultrading] 06/11/2018 09:43

hxxps://www.sepa.org.uk/media/383775/1166721_licence.pdf

[ileeman] 05/11/2018 20:12

Think one of the permits been approved, should not be long now on Wick with Colter straight after.

Amazing to see the price still between 0.7-0.8p, we have had 5 good RNS in the last 3 weeks lol Just announced one of the best onshore UK discovery drills and we are still trading in the same range.

Monroe Swell to start in next few weeks and that should wake people up.