Member Info for Ihadanideaonce

The FCA (or the NOMAD) are the people to talk to.....

Petitions to ban shorting don't get near the minimum 10K signatures. Realistically, no-one is coming to "save" us from a lop-sided playing field.

It's not that PIs don't want to pay attention to AIM rules, most of us are cynical enough to know that the FCA won't come near this. We're not living in a perfect Utopian world and we're not pretending that we are.

Buy on rumour, sell on news. Currently, not having an RNS is keeping the steam building, so it probably does suit most people.

The other noteworthy thing about steam....is that it's hot air.

The question here might come down to: what classes as "the public domain?"

Regardless. The FCA aren't going to do anything. You have made a LOT of posts on this subject and pretty much taken over this BB this weekend. What other info has been buried over the last 48 hours?

Something else that I find interesting: you are playing the listing, not the asset. RBD are part-owners of the operator, but you aren't posting over there.....

I like the sound of a share price of £1.23....but that will take assets, not charts. It's an MCAP of ~£350M.

I can't see Pinchuk letting it get ANYWHERE NEAR that kind of SP....unless he just wants to sell.

Propably unpopular, but there's my opinion.

Maybe that's a reason why Pinchuk (or someone at Kelda) isn't taking up a board position. They'd have to have input on a decision to give Pinchuk 28.6% of the dividend amount... looks bad on paper, if not an outright conflict of interest.

I was expecting a bit more chat than this!

Link to report: http://www.regalpetroleum.com/uploads/regalpetroluemar2018.pdf

Highlights (for me)

Aggregate average daily production from the MEX-GOL, SV and VAS fields over the year to 31 December 2018 of 3,391 boepd, which compares with an aggregate average daily production rate of 2,235 boepd during 2017, an increase of nearly 52%

Aggregate 2018 year end production of approximately 4,377 boepd, compared with approximately 2,811 boepd at 2017 year end, representing an increase of nearly 56% during the year, largely as a result of the significant contributions from the MEX-109 and SV-2 wells, which were operational for the full year, and additional contributions coming on stream during the year from the SV-12 and VAS-10 wells

Reserves upgrade at MEX-GOL and SV fields announced in July 2018, approximately quadrupling 2P reserves to 50.0 MMboe, enabling an enhanced development programme for these fields

Revenue for the year ended 31 December 2018 up 88.3% to $66.1 million (2017: $35.1 million)
Gross profit for the year up 216.7% to $34.2 million (2017: $10.8 million)
Cash generated from operations during the year of $36.8 million (2017: $18.0 million)
Net profit for the year of $54.3 million (2017: $2.3 million), including a one-off item of $36.1 million relating to impairment reversal of oil and gas development and production asset (as a result of reassessment of the remaining reserves and resources at the MEX-GOL and SV fields as at 31 December 2017)

Cash and cash equivalents of $53.2 million at 31 December 2018 (31 December 2017: cash resources of $30.2 million comprising cash and cash equivalents of $14.2 million and short-term investments of $16.0 million), with cash and cash equivalents at 25 April 2019 of $63.7 million, held as $24.2 million equivalent in Ukrainian Hryvnia, $30.0 million equivalent predominantly in US Dollars, Euros and Pounds Sterling, and $9.5 million in short-term Ukrainian Government bonds

All pretty much known based on interim numbers but still nice to see it via RNS and on the Regal website.

I don't mind- I didn't know that an article had been posted but it adds to the picture of what's going on, so thankyou :)

Thankyou :D

The other thing I see on Twitter is a lot of #UJO Tweets with no reference to #RBD, despite being drill partners. Keeps the focus on the stock being pumped.

For the sake of clarity, your use of "your Twitter history," "you were pumping" doesn't mean *me* does it? :) I am most definitely not part of their group!

After posting that, I checked Twitter. Same views on there.

CO/BMD/Cassiopeia can't influence the geology or drill location... but how many times do they have to pump impending misses and dusters before it's a pattern? They're always out before results....yet I don't believe that they know in advance that a drill is a miss. It's weird.

A cautiously optimistic piece from an infamous name in the AIM world, passively supportive of Chris Oil regarding the Biscathorpe timing and, by publishing that piece, probably helps keep the SP up while CO sells.

Stinky. (IMO)

You talked about hidden buys yesterday as well. All that popped up were sells.

The Automatic trades *are* holding the price. Source and reason: unknown (IMO)

If Pinchuk is buying, he is miles over 30% now. We all know that his interest in supplying a timely TR-1 is nil.

Damnit. Sorry. Didn't realise that the formatting would be cut.

From UJO RNS this morning:"PEDL183 is located onshore UK, North of the Humber River, and also contains the town of Beverley, East Yorkshire. The licence area is within the western sector of the Southern Zechstein Basin and the West Newton A-1 gas discovery is on-trend with the prolific offshore Hewett gas complex.The West Newton A-2 fully funded conventional appraisal well is currently being drilled using the BDF28 rig and the first target, the Kirkham Abbey Shoal formation, may have been penetrated and possibly reported upon by the time of publication of this Annual Report and Financial Statements.There are a number of positives for the Company as a result of the West Newton acquisition including:• farm-in terms were very attractive with no associated up-front or back cost payments, with all funding going towards drilling, licence costs and administration• compelling, immediate and future economic value from a development of a gas discovery alone with the Operator's recently upgraded NPV10% in excess of US$300 million"I'm surprised at how little volume there is here today.

They're part of the Wytch Farm setup.

Is anyone going to argue with the success of that?

If RBD is the worst thing you've ever spent money on, your investing and trading is going brilliantly.

I'm sure that shipping and/or selling gold would class as price-sensitive and MUST be RNS'd.

Especially when there's been radio-silence and sentiment/trust is poor. News like that should be shouted from the rooftops

That's weird. Companies with good news or rumours rise, a company without news or rumours doesn't.

Still finding it hard to believe that you have RPT shares.....

What if Krok is already out and it's a different angle for the deramp?

Persimmon wants the permits in place before long-lead items get ordered so he? can complain about that delay too.

Trying to create a no-win situation.

Reabold: Not the operator. Not in control of the timing of permit approvals.