We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
You clearly don't know what you are doing then Persi because you diversified into UJO which holds a big slice of West Newton too. What do you do for a day job? Laughing my socks off
"diversification is protection against ignorance. It makes little sense if you know what you are doing."
N.B If you know what you are doing !
VHB....Obviously by his enormously diversified portfolio a person who does believe in putting all his eggs in one basket lol.
We are indeed in 2022 now Persimmon and as for that fully funded statement you have quoted below, at the time it was published you deliberately misinterpreted it to try to convince others that a fund raise was imminent. You were wrong then too, which is unsuprising as you were making it up
The de-ramping here is incessant even on a very good day like today. It really must be a full time job, which got me wondering that I might like to give it a go. How does one sign up...? . Can anyone here point me in the direction of some online information so I can learn how its done, and what sort of remuneration to expect. I assume there Is a salary so it is not just reliant on trading profit. Thanks in advance .
VHB.....yes green as grass, the operative word to describe you as a relative newbie is gullible. Malleable as a piece of clay in the arms of cloves, dearmule and the like.
VHB...ever heard of creative accounting....thought not!!
VeryHappyBunny.......but you have only been a member since 2019 so how would you know. Do you always repeat what has been said by others without any personal knowledge whatever. Of course you do, that's why you are kite flying!
Keep it up, you will do well to lose money Ar*e sucking to some on here with that philosophy.
I think a dose of financial myxomatosis may well be coming your way lol.
Fully funded ??
Extract from last annual report.....
"Reabold has a healthy cash position and is fully funded for all intended activities in 2021, including the drilling and testing of a second well at the West Newton B site".
But we are now in 2022 !!!!
Just like you have eh you toad
Good man, I can see you've done plenty of in depth research lol.
Bought in today. RBD looks like a decent share to be invested in. I look forward to what's coming.
Not sure why all the scaremongering today?
And why some people gloat after they sold?
Either looking to buy back cheaper OR taken a short position???
Thanks Novy, pick the bits you want to answer as usual. What about the closer to the company than you make out suggestion ?
I'm getting grief as usual from Team Stuck (can't risk selling, but don't believe enough in the narrative to average down to any real degree)> So it's green boxes and chase away those that have been pointing out what crap this is for months. I'd understand if what I was saying was in contradiction to completely provable reality but it's obviously not.
We think the directors are great ... aye, turning 50m into 20m with no real prospect of getting back to 50m anytime soon - they're absolute legends - especially when they knew the writing was on the wall when they paid to top up the Corallion stake but still kept quiet.
Uggy, I've never green boxed anyone, wouldn't dream of it.. lets leave it there
Well NVG it takes a lot for me to filter someone as I like to hear differing views but as you are an anal twat you have qualified.
NVG, first I thank you for maintaining courtesy!!
Re: "... they will fundraise again - and at least once ! You're obviously not that confident or otherwise you'd be happy to not post here once you're proved wrong.."
You've mis-interpreted my response or perhaps I didn't make my point clearly! My point is that I will not allow the taunts or propositions of another Poster to put me "off" of a BB! In the event I was totally wrong with my assertion, I would ABSOLUTELY NOT agree not to participate further!......others do not have that "power" over me!
However, it doesn't change the fact there will be no Placing for the current work programme! Least, not in my judgement and calculations.
Re: your "..... I've just sold the last of my holdings on this fools rally - the clue was in the words I used !!!" So giving you the benefit of the doubt, you may have sold at about 0.21p.
I also note with interest, the comment made by Uggy100, "...Oh to be the trading god you claim to be. You're just trying to trade stocks which often doesn't end well"
Taking the view of the LTH's who remain here and believe there is considerable upside to be gained, my assumptions going forward are these,
* You've sold out very cheaply and some would say, you've mismanaged you investment in RBD looking forward.
* If you do buy back in again to RBD in the future, it will be an admission of your error, and
* With that in mind, I very much doubt you'll ever admit to buying back in again :-))!
I also note Uggy100's subsequent comment, "it has always been my belief that if you don't hold then you don't post, simples." That's not a bad maxim to follow, IMHO :-))!
GLTA genuine LTH's NK.
Thanks Uggy, I post on very little of what I trade < 1% of the money traded. If you're trying to sum people up maybe choose your battles.. Uggy an investor massively below water stuck with a cr@p share lashing out after yet more false dawns (sums you up) I'll be a thorn in the side of the RBD bulls for as long as I like - and crucially for as long as they're wrong and I'm right..!
NVG maybe they will raise maybe not & I hope not ! Oh to be the trading god you claim to be. You're just trying to trade stocks which often doesn't end wll. I notice you only tend to post on news driven events which tends to sum you up.
Novykluk - they will fundraise again - and at least once ! You're obviously not that confident or otherwise you'd be happy to not post here once you're proved wrong..?!
My credibility is intact, I sold this morning and can buy back cheaper again already - and will be able to again - and again...
being a LTH and being sucked in to the bull sh1(t) is no badge of honour, I'm a realist not a fantasist...
I believe you're closer to the company than you elude, I have no interest in RBD - apart from trying to get back the money they mugged off of me by being duplicitous IMO.
NVG you're wrong with your assertions so much of the time :-))!
Re: (1) " Novykluk, you're massively below water - I'm winning on the vast majority of my trades. They will fund raise again that's my opinion. Let's see who is right.
I am not massively underwater. I indicated that to you about three months ago! I sold part of my holding at 0.60p and bought back in. Plus I have averaged down. So it's true I am a little below my average. But with the massive upside here, I'm very confident all patient holders will benefit in the medium term!
Not only are you so frequently wrong, you seem unable to take on board what other reasonable Posters explain to you. Read my lips; There will be no Placing to fund the currently planned work programme! What don't you understand about having about £5 million in the Bank because of defined activities NOT undertaken yet! Plus the cash that will come from the sale of Victory.....not so far away I suggest! So wrong again.....dear dear.....your credibility!!
Re: (2) Shall whoever is wrong agree not to post on here again - fair ??!
Absolutely NOT. I believe I will be proved right! However as LTH .....unlike you it seems, I shall maintain my right to comment (politely) as I see fit!
You also appear not to have been able to "read" your Rebaold investment correctly and have sold out for pocket money far too soon. So I'm sure many of the thoughtful Posters who DO CONTRIBUTE on here, will not have a problem if you cease Posting if you are no longer a holder.
Good luck though, with you next investment!
GLTA genuine LTH's NK
keep it up cloves, some of the uninitiated who bought and then ticked up your clueless drivel are down nearly 10% already
any ideas on the financials from here - more testing - planning appeals - wages - more wages - more money spaffed on crap non producing assets - and then the drilling - the really expensive drilling. Begging bowl out March/April ?
What are your thoughts C (loves) (to be clueless)) ?
Novykluk, you're massively below water - I'm winning on the vast majority of my trades. They will fund raise again that's my opinion. Let's see who is right.
Shall whoever is wrong agree not to post on here again - fair ??!
Wrong again NVG :-))!
The company still has £5 million in cash due to previously planned activities NOT undertaken!
With news of the sale of Victory close, the company will be cash rich and there will be NO PLACING!!
Despite the almost daily criticisms of S&S by apparently less competent and failed investor/traders than you, these two diligent, smart and hard working CEO's are progressing steadily towards a decent return for patient LTH's!
GLTA genuines LTH!
cloves - one of the biggest ramping p1(cks) on here.
ramping this from 0.9 and for more than 2 years - clueless ****s like this can seriously damage your wealth - beware !
cloves, I sold the last lot in my wife's SIPP this morning at a PROFIT (do you remember making a Profit ???????)
I'm not having a tantrum, I'm just pointing out that you won't make money here for a very long time, and after you lose lots on the next raise...!!!
Let's see who is right, you never know you may be right one day - chaos theory and all that
No clue as usual cloves, I don't short shares - even the easy targets as this has been for 12 months. I've just sold the last of my holdings on this fools rally - the clue was in the words I used !!!
Even if they could make this work with the wells they should have drilled before they spaffed the last £10million - they'll need to raise it all again in order to start again.
Time will tell ehhhh ??!
why would there be a great response - it's Groundhog Day but with horizontal rather than vertical wells ?
they'll need more and more testing, then more fundraising then they'll F up the drilling
and then it will be helix/spiral wells that will be needed to get it out of the ground
then more testing, then more fundraising then they'll F up the drilling...
I'm now completely out as I have no faith in these clowns whatsoever - I'll watch and maybe buy back if they can restore a modicum of credibility at some point..
GL