Member Info for chrishutch

I took advantage of the weakness - very happy - now sit back and wait for this to climb.

Malcolm Graham-Wood ‏ @mgrahamwood 1h1 hour ago More Just had a long chat with Stephen Williams who is delighted with the acquisition in the US and returns look like even better than I had first calculated. 2H 2018 looks most exciting on a number of fronts @ReaboldPLC

Malcy is at the conference so we may well see a write up

I know great - I just took another 200k

Exactly. Very happy with company as it stands. Incredible progress and potential. Video https://www.brrmedia.co.uk/broadcasts/5b1e955c02f5e74d0f2da55e/reabold-resources-new-investment Corporate broker target 2.5p risked 8p unrisked https://twitter.com/BigGibAIM/status/1007160767643254784 Summary of todays RNS ACQUIRER: Reabold Resources PLC (RBD.LN) TARGET: Gaelic Resources Ltd. PRICE: 3.05 million pounds ($4.1 million) FINANCING: Reabold issued 420 million new ordinary shares at a price of 0.725 pence per share. The parties selling Gaelic will collectively hold 12.9% of the company when the deal is completed. RATIONALE: The acquisition will give Reabold options to participate in near-term, high-impact oil and gas leases in California. Paying with shares frees up cash for drilling activities, which will enhance near-term value creation. QUOTATION: Reabold CEO Stephen Williams: "These considerably derisked wells with low drilling costs and a fast path to monetization are a perfect fit with the Reabold strategy." STOCK MOVE: Reabold shares at 0803 GMT were up 3.6%, or 0.03 pence, at 0.73 pence per share. Cash in the bank, 7 drills coming and as Stephen says likely to see another asset this year.

but most would consider 2.5p good, unrisked 8p GREAT

you realize that is un-risked that is more like 8p

It is hard to know which bit of good news to be happy about. https://twitter.com/BigGibAIM/status/1007160767643254784

Richyf3 thanks great insite in that video

It seems we are going to have an exciting future. Nice RNS - not sure how these two manage it. Posssible $235m for $3m I will take that.

:-) I think we have ourselves a winner in this one.

hopefully we won't have to wait long to find out. Will anyone be attending the conference tomorrow. Would like some feedback before the video is released. Assuming they record it..

Will the first one be Georgia or Germany.

Would be nice to get an RNS but I think they might be saving it for after the presentation the more I think about it. Assuming a deal has been struck of course. They could still be working on it, or them. No point presenting the company prospects to would be major investors if the share price had gone up 50% the day before. Never know though.

Hi Sachin and Stephen, if you need any help locating the send RNS button. Please let me know, I would be happy to help as your probably busy preparing for tomorrows presentation.

Reabold Resources ‏ @ReaboldPLC 27m27 minutes ago More Reabold Resources Retweeted Upland Resources With #UPL now fully funded for #Wick we look forward to drilling the high impact exploration well in Q3. #RBD #OOTT

Is anyone going out of interest?

Never know we might get news in the morning.

Bit of topic this morning - You can sell above the mid and with the conference about to kick off I suspect we might be moving back up soon. Dip buying opp this imo.

bargain prices.