Member Info for chrishutch

Well putting twitter to the side the board have advised there is no need to raise capital, the pr company are saying news soon, they have cash and results are coming out. So to me as long as you are not putting the house on it.. It is worth a punt and whats more it is fun to be in, rather than trying to guess the bottom and missing out should news arrive.

Current price 0.105 I bet it is back up there soon enough.

ah well done - not showing on my feed yet

It has been doing the same pattern for a while now, drops down a little and then recovers. It really needs some news to drive it forward. It is the dip and punt buyers around these levels that are taking positions and why not as long as you only go small the reward from here could be huge.

Now we just need some the twitter rumors that are out there regarding deals or news coming to happen and this could take off. Either way it is fun to watch :-)

Well that was a kick in the teeth

Bobby1904
‏@bobbyoflondon
10m10 minutes ago
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#RBD “Stephen Williams posted a squawk on #RBD @voxmarkets https://www.voxmarkets.co.uk/activity/100917 "

Yeah I worded it badly. but you are correct that is my understanding to.

For clarity, I mean to sell all assets and move on when I say take over and divide the profits between us lot the owners. I don't think I have had enough brain coffee this morning I agree with O2B that either way we should all make oodles

Will go for a morning walk and get some caffeine

They have said from the start they have a lot of potential targets in the 5-12 mill range so there is every possibility that they will turn the profits from one drill project into bigger projects. This would make sense, what I think O2B@C is saying is there is a likelihood of interest from a takeover from bigger fish. The board has said they will always do what is in shareholder interest.

I am hoping they get to target some of those bigger drills and reject any offers of takeovers.

Are we all ready for a positive day ahead haha

It is hit and miss and I am not endorsing the code 1 theory for more than fun. However, it steams back because you can negate the market cost of submitting an RNS if it is wrapped up in a share trade. Because one share is the minimum you can buy or sell. This was where it came about.

I think the odds would be good for a code 1 meaning news if it wasn't for the fact that other people know that they can buy one share and give the same impression.

As the last RNS put negatives to bed I see no reason to think that the next news we get here will be anything other than neutral or positive. Fingers crossed hey.

lol, it looks like they canceled it so does that mean it is good news? :-)

Never seen that before, could it be news (probably not before you lot shoot me down) if it was the irony would be funny

I cannot get a fixed buy price ----------------- could we be about to move?

Hi Simon,

I think it it is good that you are being transparent about the workovers here and making sure people are aware this is not the goal. The workovers as you and the CEOs said 'are a bonus' to RBD and although it is great to have them, that's not what I am here for.

So I will be happy when they announce the two barrels a day malarky and we can then focus on the bigger projects.

Don't get me wrong it is nice to have some cash coming in and if it is enough to cover operating costs and the odd drinks night then great, but I am not expecting much from them and nor is anyone else ----- it is the bigger projects that will set this on fire in my view ------

I say this because I suspect we get an RNS very soon..

Lots and lots of news to come and it all starts very soon. Some will be kicking themselves in a few weeks time..

yeah, it would be funny if they suspended it first and then announced the deal news. You never know haha

Rsproson I am amazed we are not already over 1p. The price here should be a lot higher than the current level.

Although I am only in this one on the small side, I will laugh if an amazing deal appears, so many eyes watching it that should something appear there might be a scramble for shares!

Any investment where the chart starts in the bottom left corner and ends in the top right corner is an investment you hang onto.

Good morning share pickers.. happy to see steady buying here and like others looking forward to more news!