Reabold Resources Share Price (RBD)

Old news buddy,nearly 2 months, they've raised since then,and added their own money,

I very much suspect this will go nowhere, especially in the current climate. What's the point in approving something if you can continually contest it.

Campaigner takes legal action against West Newton project

https://www.share-talk.com/campaigner-takes-legal-action-against-west-newton-project/#:~:text=An%20environmental%20campaigner%20has%20initiated,Newton%20site%20in%20East%20Yorkshire.

how serious is this?

Legal Challenges: As of April 2026, a formal legal challenge was launched by local campaigners against the Environment Agency’s decision. The challenge focuses on:

Seismicity: Risks of earth tremors (similar to the issues that halted fracking in Lancashire).

Groundwater: Fears of contamination of local aquifers.

Climate Change: Arguments that new fossil fuel extraction contradicts the UK’s Net Zero targets.

Political Opposition: The East Riding of Yorkshire Council has historically been split, but in early 2026, it supported motions expressing concern over the "industrialization" of the local rural landscape.

The "Fracking" Debate: Although Reabold emphasizes that they are performing "conventional" reservoir stimulation (which is legal), opponents often label it as "fracking" to gather public and political support against the project.

Pq, it's likely the sp will jump when we get the greenlight from the NSTA, again when the rig is mobilised and again when results are imminent. if the proppant squeeze works well 2p-3p may be on the cards

Long way to go for Malcy to get his £5 target, moving by a penny here or there at a time! Looks like a consolidation has screwed this, as they always seem to.