Member Info for BMC77

Cloves - "are you concerned that about people who have lost their savings based on your poor advice?" Obviously you are viewed with high esteem to have the influence over important investment decisions for the masses.

For anyone who blames advice on LSE forums for losses, please give up shares now and consider premium bonds it may be more suitable for you.

CAML lagging behind it's peers, re-rate due.

savs is the office junior paid to post as a job. There will be better times for you savs, you won't be the tea boy forever.

Check out JULY 23, 2020Source: RNS
RNS Number : 9143T I've not seen any note of a reduction since.

Their previous employers backed them by investing in 108 million shares, hardly a punt or a sign they had a poor record while employed there.

Close relatives (spouse?!) hold 234million shares. I'd say that is quite serious.

Oza A Esq & M Mrs**

234,519,774

3.48%

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OTC stocks are prone to make volatile moves on the release of market and economic data.

NPV and sales value aren't the same. What time periods do RBD attribute to their NPV calculation, if that was known then you may judge the accuracy better.

Lazy

Acquisition of Gaelic Resources and Notice of GM
RNS Number : 3396R
Reabold Resources PLC
14 June 2018

14 June 2018



Reabold Resources Plc

("Reabold", "Reabold Resources" or "the Company")



Acquisition of Gaelic Resources Ltd and Notice of General Meeting



Reabold is pleased to announce the acquisition of 100% of the issued share capital of Gaelic Resources Ltd ("Gaelic") for the issue of 420 million new Ordinary Shares of 0.1p in Reabold ("Consideration Shares"), representing £3,045,000 at the closing price of 0.725p per share on AIM on 12 June 2018 ("Acquisition"). The Acquisition provides Reabold with options to participate in multiple near-term, high-impact oil and gas leases in California, United States (the "Leases").

Stephen Williams, co-CEO commented:
"We are extremely excited to be drilling these high-impact opportunities in California. These considerably de-risked wells with low drilling costs and a fast path to monetisation are a perfect fit with the Reabold strategy.

"Using Reabold shares to fund the acquisition of Gaelic allows us to preserve cash that can be used for drilling activity, which enhances near-term value-creation."

Following completion of the Acquisition, Reabold, through Gaelic, will have the right to earn-in to 50% of the Leases by drilling up to five wells by the end of 2019. Reabold expects three of these wells to be drilled before the end of 2018 with the first two, on the West Brentwood and Monroe Swell Leases, anticipated to be drilled in Q3. In a success case, these wells will be put onto production, providing cashflow for further drilling activity.

The Leases are operated by Integrity Management Solutions (the "Operator"), a California operating company that will direct operational decisions pertaining to the licenses. The five-well drilling programme earns an Operator (non-compliant) estimated NPV of $235m* net to Reabold and is expected to cost Reabold up to approximately $7 million* for the five wells.

The Acquisition is conditional, inter alia, on Reabold convening a General Meeting to seek approval of a Resolution to authorise the issue and allotment of the Consideration Shares. Application will be made in due course for the Consideration Shares, which when issued, will rank pari passu with the existing Ordinary Shares in issue, to be admitted to trading on AIM.

The vendors of Gaelic, who collectively will hold 12.86 per cent. of Reabold's enlarged issued share capital, have agreed to a lock-in period in respect of 75% of the Consideration Shares of six months from the date of issue and thereafter to orderly market arrangements for a further six months.

Wind power is currently producing 10.61GW 32.3% of all UK demand, so not too bad.

He doesn't work Wednesdays.

The January RNS stated, the below around funding. Many are overly pessimistic on their finances with no evidence to back this up.

The net proceeds of the Fundraise will be used, alongside existing cash resources, to provide incremental capital to fund the Company's share of:



i) additional appraisal and development activity at the Company's landmark West Newton project, potentially one of the largest oil and gas discoveries onshore UK, notably drilling and testing of the B-2 well;



ii) activity to assess and define the prospectivity of the wider PEDL 183 licence, which includes West Newton, including a seismic programme and exploration work to identify additional future drilling opportunities;



iii) potential costs associated with the fully appraised Victory gas development, which was recently awarded to investee company, Corallian Energy, including an environmental assessment in order to achieve FDP in late 2021; and



iv) additional contingency to provide capital flexibility across the Company's investment portfolio and working capital.

In relation to funding WN Genhis15:

Can you comment on the current funding position?

Reabold is fully funded for all of its upcoming work programme requirements. It is important to remember that we do not consolidate cash invested into the portfolio companies such as Rathlin (and held on their balance sheets) into our own balance sheet. Therefore, the bulk of our economic interest at West Newton, which is held via our Rathlin ownership, is funded from the Rathlin balance sheet as opposed to Reabold’s.

For the benefit of new potential investors, check out the below link (remove the spaces) for full in depth look at Corallian and Victory

https :// www. research - tree . com/companies/uk/reabold-resources-plc/research/exane-bnp-paribas-sponsored-research/being-bold/74_550997

Yawn.

truly bizarre. Any how back to work!

Research Tree. Com - being bold RBD. Thorough read.

Persimmon has been a consistent highest volume poster on RBD since 2017. Constantly criticising and exuding negativity with every post. Does that sound like an investor to you? Where do you get the time. Nothing better to do. Very bizarre.

https://*********************/companies/uk/oil-gas-e-ps/reabold-resources-plc/research/exane-bnp-paribas-sponsored-research/being-bold/74_550997

57 page research doc

32 Customer Account Manager jobs advertised nationally with everyday loans. Business may be picking up well.