Reabold Resources Share Discussion Threads

[ileeman] 31/12/2018 15:55

Yup should get VG4 results this week, VG3 VG4 will bring us to $3-4million net Reabold per year at current oil prices but I expect oil prices to rise higher soon enough.

Got a feeling Wick results will come in early before the 10th imo would be great to see it come off but not expecting much, Monroe will be drilling in the next couple weeks and Colter will be drilling late January.

Rathlin construction started, Newton could be drilling much sooner than people anticipate.

Here is to a good new year.

[luckyman3] 31/12/2018 14:49

First up will be West Brent on either Wednesday or Thursday RNS. imo

[gunsofmarscapone] 31/12/2018 12:03

Good plan, riskier but plumply funded. Quite unlucky to be participating in the riskier well as a first shot. Reservoir quality remains the priority risk.

This weekend should see us well into the first, secondary target. Possibly even into the primary. Any shows should appear in the share price next Mon, Tue or even this Friday.

Aberdeen in-crowd will be the first to know, followed by the proletariat ie us!

[theaviator] 31/12/2018 07:51

Just a few of them mate for a bit of interest.

[theaviator] 31/12/2018 01:15

Just a general post here folks for those interesyed. Ive said it before and will say it again. Italy! (Listen 28mins in.) https://www.bloomberg.com/news/videos/2018-12-18/druckenmiller-on-economy-stocks-bonds-trump-fed-full-interview-video

[gunsofmarscapone] 30/12/2018 20:17

Aviator, I forgot, are you in BOIL as well? Just popped this piece of non fiction over there.

Only a 1200 metre well below the table, Jan 5th onwards for reservoir contact imo. Still, IF there is anything useful we can expect a light crude, 36 api approx. Some wax, nothing that we cannot deal with.

Secondary, primary then secondary targets all in tight group. Weekend of Jan 5,6 looks particularly interesting if anyone has an RSPB memebership and a pair of military spec binoculars lol. Into the second weekend of January then, unless any issues (often delays for newbies), that is it. Either 1:0 to the punvestors or its off to Colter (for Baron, Andalas, UOG and Reabold via Coralian investment) Not sure who else is around for that much lower risk shot.

In the interests of openness if Wick fails (GoM will be ‘managing̵7; holdings this week) I would expect to increase in some if not all of the collaborating small companies in Colter. I think wiser and more intelligent PI’s than me are waiting for Colter and the professional ones in the O and G business have great faith in UOG.

Abysmal performance for me, in the last six to eight weeks of the calendar year, I sincerely wish everyone better success than me. If you have done well, share some info!

Happy New Year

[luckyman3] 29/12/2018 15:57

Apart from Wick all our other Drills are appraisals.

[gunsofmarscapone] 28/12/2018 12:30

I 100% agree with you iLeeman. Lets be very aware though that we must also be vigilant to any negatives and in E and P, the list of such sceptical points always exceeds the positives.

Happy enough with my RBD holdings and on a positive note, cannot see any fundraisings on this side of the horizon. Lets aim though to maintain cold rationalism and forensic reasoning. That is what we expect of the board of directors, small though as it is!

Bring in the pessimists or as I prefer to say, well informed optimists.

[ileeman] 28/12/2018 11:32

Rathlin appraisal gas play is worth almost double our cap but also drilling through the exploration layer at the same time, only 20% on that layer but worth 5x our market cap.

Rathlin will be the next exciting UK play after Colter that a lot of people will want in, only way to get in is by RBD or UJO both solid companies going forward but RBD still the favourite as exposure to 8+ drills 2019.

[theaviator] 28/12/2018 11:25

Even a quarter of this and I'll be over the moon. This the reason five IIs involved though.https://twitter.com/silolondon/status/1078589388161015809

[1kiwi] 28/12/2018 09:19

Rathlin spud imminent?

[1kiwi] 28/12/2018 09:18

Just happening to be passing today so dropped in for a quick look... Immaculate site with well head clearly visible under the ‘Gazebo’.. Guys on site but not a lot happening .... prep looks finished

c/o Roofershound

[ileeman] 27/12/2018 18:53

Amazing move, as always maintained patience will pay.

So many high impact drills taking place in the near term only need one or two to come in and you multiply your money...market currently pricing in nothing.

[theaviator] 27/12/2018 16:59

lol yeap. Nice surprise anyway. Went out with the kids and just checked in. Only the beginning GOM

[gunsofmarscapone] 27/12/2018 16:58

Just declutter your screen Aviator, if I thought there was even a tiny morsel of common sense even occasionally I would live with it.

There simply isn’t any, similar to listening to an LBC phone in.

[theaviator] 27/12/2018 16:54

Ive no intention of selling any yet you fool!

[1bluehorseshoe] 27/12/2018 16:31

You should change your name to alabungalow. Not too much upstairs

[alamaison5] 27/12/2018 14:12

Theaviator27 Dec '18 - 12:50 - 2397 of 2398
Glad to have added some more in the low 60’s.

So now you can sell at .62p and buy more at .72p! Whoaaa!
Spread as %: 7.69%

[gunsofmarscapone] 27/12/2018 13:28

Good stuff Aviator. Did you read all three rns’s this a.m? Rbd, Boil and Upl.

UPL very kindly reminded the market that the totality of Wick as a prospect offers a recoverable P50 volume of 250 Million barrels. What we call the Wick well only tests part of the package.

[theaviator] 27/12/2018 12:50

Glad to have added some more in the low 60's.

[soultrading] 27/12/2018 10:34

TBH Wick would be an added bonus. If it comes off then fantastic. There are several other plays that could really light the touch paper here!

[grannyboy] 27/12/2018 09:48

Wick is sandwiched between two producing fields, Lybster and Beatrice, so very good chance of finding something..

When you have a situation like this the cos should be, and usually are higher..

[soultrading] 27/12/2018 09:33

great to see news and more inbound. Also nice to see the price rise - Very little left before next leg up.