Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Persimmon lives on this board every day since 2017 as the number 1 high volume poster, there's more to his story than being a negative investor. He's had it in for Reabold since the early days before victory and WN were even known. He will never reveal what it is, but the time he spends devoting writing negative posts here must be very important for him. Maybe one of them ran over his cat? never noticed him emptying the bins at M&G? Who knows, find another chat board with such a devoted troll.
Doesn't matter what board, your messages are always have the same negative tone. Invested anywhere you're positive about?
wrong board !
I really believe in David
I believe in David
I used to believe in David
I believe very little David says
I believe nothing David says
Heid...through the ages !!
Good luck to you Demule. I dont share your optimism particularly in respect of Parta but I am hoping Victory will be sold successfully and if I can get close to getting my original investment back I will be very happy.
deemule, if you are seriously loading up again I think you´re insane. Surely better to wait to see out 2 pieces of drivel come up with something. Victory is worth something but in the past your valuations have been pie in the sky I´m afraid.
Desmond45, I have to agree with your summation on RBD. California will never return any monies to share holders, Grizzly island is disappearing into the history books along with Colter. It seems apparent that Parta has been shelved by ADX/ASX our partner in Romania as they look more into alternative sources of energy by partnering Siemens Gb. West Newton is firing on half a cylinder and Victory is the latest time delaying play.
If you care to look back at Deemule's history its obvious that he is not only thousands of pounds down on RBD but many tens of thousands of pounds down. I will not embarrass the guy with more exact figures (all based on his postings) even though he has called me all the names he can lay his tongue too. So take what he says with a sack of salt. Only a complete fool would still go averaging down as he has on numerous occasions in his financial position.
OMO as always, but there are far more less risky businesses out there with a far better future.
Deemule, I have to say that is some seriously rose tinted evaluation of the reabold portfolio.
“California was a resounding success and we were hit with Covid”
High decline rates on the wells and generating insignificant sums in revenue. Most worryingly the biggest prospect Grizzly just vanished from all forward plans without any explanation. Talking about a few hundred barrels a day with high royalties. Waste of money.
“WN again theye were only after gas and have found a sea of oil, so a nice problem to have IMHO.”
The not so nice problem is that neither gas nor oil flows in any meaningful quantities at west newton and is therefore effectively useless. Sank over £35m into this project - waste of money.
“Parta again gas discovered but ADX are in control.”
Parta well apparently exceeded expectation when drilled, yet didn’t flow and was unsuccessfully acid washed. Brushed under the carpet. ADX expanding into green energy and Parta will be shelved permanently. Waste of money.
“Corallian we are selling it off lock stock and barrel for many times the money invested.”
Flogging a dead horse springs to mind. Following other ‘successful’ discoveries such as Colter. The only RBD asset now worth more than the paper it is written on is Victory which won’t see anything happen until at least 2024. Hence the drop from 1.00p to 0.14p - or am I missing something?
So would I ! But the fact remains that the sp is trashed & trust/ belief in the Co. has been destroyed. That cannot be denied.
RESEND
Three comments to date on 'sells'. Selecting the controversial two: -
Uggy100 - - 'Taking their vastly inflated salaries for non performance Lenin I would say.'
deemule - - 'They are working their butts off behind the scenes .......'
To say the least 'Divergent views'
Shareholders would hope that 'deemule' is right and 'Uggy' is wrong!
CHAT
Three comments to date on 'sells'. Selecting the controversial two: -
Uggy100 - - 'Taking their vastly inflated salaries for non performance Lenin I would say.'
deemule - - 'They are working their butts off behind the scenes .......'
To say the least 'Divergent views'
Shareholders would hope that 'deemule' is right and 'Uggy' is wrong!
CHAT
with all the projects and we will see the fruits of this over the next few months.
They have bought shares all except Edelman.
Uggy California was a resounding success and we were hit with Covid.
WN again theye were only after gas and have found a sea of oil, so a nice problem to have IMHO.
Parta again gas discovered but ADX are in control.
Corallian we are selling it off lock stock and barrel for many times the money invested.
I am buying more again on Tuesday the price is nut's , sentiment doesn't bother me, when commonsense goes out of the window time to load up and i have been bigtime.
Each to their own I guess. Their record of underachievement is truly impressive.
They are working their butts off behind the scenes with all the projects and we will see the fruits of this over the next few months.
They have bought shares all except Edelman.
Uggy "scum" is out of order .
Uggy100, Altruism is never that high on any company director's agenda.
In the case of RBD it's non existent.
Taking their vastly inflated salaries for non performance Lenin I would say. Not that they care about their shareholders. Scum the pair of them.
It is said that Nero sung when Rome burn...I want to know what our two Directors are doing while this share price carnage is going on ??!!!!...
Last 15 mins steady selling