Member Info for avfc111

Hi Cindy I would be interested to read those independent reviews can you provide links please?

It looks like someone was 'lucky enough' to buy 1million shares at 12.45 at 2.80

The live palladium price is now $1810 multiply this by 15,000,000 ie onces = 27 BILLION Dollars
We haven't had confirmation of the flanks approval this was submitted sometime ago does anyone know the timescales to get approval - maybe in the interview?

Ans - simonthe zealot

i do think it strange that the interview hasn't been released - i think it says on twitter that they are waiting for eua to authorise
is this normal

Currently the growth and dividends received in the isa will be tax free - the only restriction is the annual amount of £20000 that can be invested Isa's cannot be in joint names but if you are maxed out you can use your wifes allowance - this wouldn't be as quick as a bed and isa and probably not a sensible thing to try and do with eua shares as news could land at any minute

If corbyn god forbid were to win the election i think he would restrict the amount that can be held in isa's he has said today in the manifesto that Capital Gains Tax is to be increased

15million x$1587 = 23.8 billion dollars

Any buy out price has to start at £1 or even 1$ hasn't it?

Now that it has quietened down a bit can someone please share their knowledge of the conversion of warrants
I was under the impression that the warrants are converted to shares as in the event of a takeover the warrants may be worthless.
If the warrants are converted then new shares are issued and in this case eua employees can benefit from a higher share price
What i don't understand are the comments about forward selling etc
I think it would be useful for a lot of folks here to have it explained
thanks in advance

Happysparrow

Can you please provide a link to the September 2019 presentation - the last one shown on RBD's website is April 2019

Happy sparrow the following is from the RBD Rns of the 4th Otober
The Company confirms that it is in the process of taking indications of interest from investors with regard to an equity placing of between £20 - 24 million, with the majority of the proceeds intended to be utilised to meaningfully increase Reabold's interest in Rathlin Energy (UK) Limited, to fund and accelerate the permitted, two well work programme at the West Newton project, and to exercise its existing option in Danube Petroleum Limited, providing the required funding for the IM-2 well.

It does not give any indication of drill costs my reading of the RNS is a high proportion of the cash will be used to increase their interest in Rathlin Rathlin are not giving 25% away for nothing! Even if it is the case that UJO need to pay 16.6% of say £20K that is £3.33 million not £5.5 million

|This may be a naive question - Why would Rathlin dilute their Wn Holding for 25 to 30 million when the value expectations seem to be much higher ? Do they need the cash for their share on the next development ?

Thanks Straighttalker that's interesting - how about the question of an offer being made sooner than later - there was talk on one of the blogs about 2 majors being interested.

Is there any chance at all that if the CPR confirms a large volume of oil in place we may receive an offer for the West Newton Block I ask this as whilst I understand that it has been stated that the EWT has been delayed as more planning is needed I cannot understand why the extra storage facility hasn't started to be installed surely whatever tests they do for oil they will need the storage tanks?.

Great Interview

Anyone notice He is now referring specifically to Oil at West Newton rather than Oil / Condensates at 7.50 minutes

Also says WN is a "once in a lifetime scenario"

Good historical inf on Yahoo finance here is a page for 88e
https://uk.finance.yahoo.com/quote/88E.L/history?period1=1436050800&period2=1562281200&interval=1d&filter=history&frequency=1d

Hi Selfish

If your friend thinks a takeout price of 3p is a disaster he must have an idea of what share price he considers is fair value
any ideas what this is?

Ukog issued an RNS on 23.06.2017 re broadford bridge core samples and the sp rose from 1.18 on open to 2.03 at close
it was a month later on the 26/7 that sp spiked at 11p for a few seconds it closed at 7.80 on that day.
I hope for a steady rise here with more news being issued over the next few months

Hi Iceberg

When you say you are keeping it all in for a 10p bid from Repsol are you saying that is for all the assets or just Winx

If there is 400million barrels then our 36% share at $4 a barrel is worth 9p alone

I'm not sure that I've seen that before ie loads of sells with an increasing or stable price - will we see a large buy appear or are MM's desperate for shares to sell higher tomorrow if an RNS drops

Baz I agree with you

If its not going nowhere

it must be going somewhere

I'm at a bit of a loose end today
i use money am for live prices - its free
https://www.moneyam.com/trades/?epic=BPC&type=stream&timeFromDate=2018-08-10&timeFromTime=00%3A00&timeToDate=2018-08-10&timeToTime=23%3A59

I noted the bid and offer prices for various times so for example at 9.48 am the live price was 6.10 bid 6.40 offer

at 11.47 a trade for 450,000 was reported delayed from 9.48.02 at 6.33pence this was shown as a sell as the live price at 11.47 was 6.60 bid 6.80 offer whereas if reported at 9.48 it would have been shown as a buy there were quite a few of these.

the price action just seemed strange to me and as there were not that many trades it was easy to keep track of the prices