Member Info for isdeer

Rbd need more money to buy a higher % of the WN license, they said in a previous RNS they would at next fund raise, its got nowt to do with a placing here, none required. UJO are fully funded its all about RBD and Rathlin and their relationship.

difference will be cost, RBD and Rathlin will be paying a lot more for the wells than 16.665% of the costs. Cant have it both ways.

Mr Dross, news to me that MM's speculate on placings.

higher than this beginning of week, what do u call it a dump and buy back ,dump and buy back share ad infinitum.

Reabold currently holds a 24 per cent. economic interest in West Newton via its 36 per cent. holding in Rathlin and its ultimate economic interest will be confirmed once the next fundraising round is complete. (latest)

Danube?

AJB, how is that worked out, i know RBD upped the stake recently.

i keep writing Raithlin, when its Rathlin.

UJO and Humber do not have any stake in Raithlin.
RBD have a major stake in Raithlin, over 27%?, i dont know actual figure now.
WN has one operator Raithlin and 2 partners UJO and Humber who each hold 16.6% of the licence, Raithlin own the rest.

sounds feasible, would be fantastic for both RBD and UJO, certainly for RBD would mean a buyout of some form or at least an offer.

oversold, rebound due this week

Not just Lang or whoever, share was massively sold down from 0.25 - 0.18 over a few days, even though many were still buying UJO still lost c25% of its mcap, just shows how lies, rumour and misinformstion can devastate a share on aim.Do we need Bramhill to come out and reasure his shareholders that none of this is true, i think we do.

I agree parkez, if there is a placing it would mean insider trading has taken place, given the recent movement in the sp Bramhill needs to come out and reassure his shareholders he either has to confirm or deny these rumours, whatever has happened here stinks to high heaven.

best buy now then sax.

The problem with this 0.18p placing is not one of us PI's will ever get that price, the sp will be back in the 0.20s before you can say WTF.

Siliv,
It seems spike is also a bit disingeneous with his figures, a little over 100bopd is in fact 137.5bopd.
The initial production level of 500bopd is based on this figure , while its flowed at 700bopd that figure could increase.

spike,
whats the little over 100 figure and didnt it flow 500 - 700bopd

If no one is working there, it cant be noise levels or any risks and hazards to employees, my guess is someone must have left the office booze cupbboard open and the HSE guy needs 4 weeks to clear it.

RBD are up 2%, they must have all the oil and gas in their part of the license.

yes