Member Info for Desmond45

No offence intended sage man! Will check back on RBD v ANGs SP in a few months and the proof will be in the pudding. Good luck with your investment

A positive thought is that despite our 6.5bn shares (which is common theme of de-ramping), a shred of good news and we should start to motor, for example UJO have 12bn shares and have recently done +100% or so off the back off good news

Only 10 BCF at Saltfleetby.

RBD/UJO sitting on a conservative 189bcf + potential oil/condensate at WN.

May as well jump ship and make a quick buck in Q3 during WN EWT where the gas is nailed on than waiting for ANGS to attempt saltfleetby works in may 2020

GL

Feeling an RNS tonight. 75-25% Partnering up with Shell, 10m up front, 2+2 drills, bit of 3D across the central slope. Gap up to a SP of 3p, Bottle of Icewine for breakfast...

Hefty buying today. Can see a little break-out coming this afternoon.

Agree brom, very frustrating.
I just don't appreciate little things like telling investors you're confident of doing a deal before year end in november, when you know full well it isn't going to happen. 35 odd weeks has passed since that statement too!!

Strong support at £1. Well below the £1.45 placing price. Huge news incoming with Beijing institute of technology (BIGT) to front up 15% of the company and create Chinese factory. Aecom news shouldn’t be far off. Absolute bargain basement prices. Will see everyone at the £10 party in about 3-4 years - only verified graphene producer in the world.

Nice one Neill keep it up!

Actually brom I said in my opinion i thought it would be shell. Who knows it could or could not be anyone, really wouldn’t surprise me if the FO ‘fell through’ at the eleventh hour...This company has a history of blowing it at the final hurdle - It’s been 16 weeks since DW said it would be weeks not months.

Every single timescale on every single presentation is always late. Farm outs, seismic results, hrz analysis, Yukon results, you name it, it’s late. In fact I think the only thing done on time was Winx.. and that turned out great.

Just annoying as an investor when you’re used to companies who under promise and over deliver on time. Anyways, back in my box.

Maybe the jam will arrive on a silver spoon tomorrow morning.

It has been 16 weeks since ‘weeks not months’. It’s either a huge deal with many caveats or we’re being taken for a ride (again)!

Approvals and execution were scheduled for June. Who wrote the schedule?? Stevie wonder??

Email him and he will clarify it for you Brom.

If oil flows from the Cadeby this is going to absolutely explode

There will categorically 100% be another raise at some point in the near future. It’s part and parcel of junior exploration companies. Ideally any subsequent CR should be at a premium to past CR price. We are drilling in one of the most expensive on-shore environments after all needing ice roads etc. A farm out spike could allow DW to get a raise away at 3p+ with relatively low share injection and allow us to pay for a well or two at Yukon and retain 100% wi. I personally don’t think we will get anymore than 10m up front on conventional farm out to cover backcosts, which doesn’t go far in the long run. Could be talking 8-9 months until the farminee commenced drilling and in the event of more dusters the sp and cash balance would be in the gutter. DW is astute when it comes to forward planning.

Not deramping, but DW has already said he anticipates several visits to the UK in 2H which usually coincides with the cap coming out.. or maybe he just wants to buy us all a drink! GL

Happy to be proved wrong when FO details announced, Dave alluded to a conventional fo deal worth ‘several’ hundred million in a previous presentation. Let’s hope so and blow the absolute lid off the SP!
GLA

Technically a farm out is dilution

Looks like people moving from UJO to RBD. Big II backing over there vs Chris oil here lol!

Think i might dip a toe in once it goes sub 2p. Tricky one as its basically worthless due to debt but could be a nice one to trade like DEBS before they went under

The question is Conleyj, do you like jam?

People saying they won’t jump ship if it 20 bags. Is this real life? Come on Dave let’s have it, we’ve all gone doolally waiting for the farm out

This looks to be going down the same route as Flybe! Don’t get suckered in the fat cats will strip the assets from this debt ridden dog for a pittance and shareholders will lose out as always. Good luck people

Aren’t all squids damp Neil as they live underwater?