Member Info for isdeer

Must be a decent buy waiting in the wings for this jump in price.

Good news indeed, pointless sitting on cash, EOG have to grow, spend the money.

Cash they say is trash when the govts just print more and devalue your pound by 10% year on year as /and interest rates rise, sitting on a stockpile of the stuff isn’t good, it needs invested and spent on worthwhile projects, edr it seems have plenty on their hands to get on with, the Eog board can now get off theirs and push on with this, it’s a win win for both companies.

Maybe value will out eventually and we will see more buyers of the stock as at the moment cash in the bank and debt free isn’t helping, getting on with stuff and expanding the business even taking on loans might just be the answer.

Any half decent bid will buy this company with SP on its knees many have had enough.

It’s not as if we haven’t been warned with constant delays in communication, when they can’t do the small tasks well, why trust them with the large one’s.

I’m well down here, I’m lucky in a sense because I nearly went all in, I had thought it was all about the divi’s and didn’t see what was coming, I guess many did bet the house on this I’m one of the lucky ones who came close but didn’t.

Good week for Reabold sp wise with a 15k buy at the end of play.

Seems there are more than a few buyers ignoring the whinging detractors and see this as an opportune moment to buy.

Closed period?

Sorry uncalled for, I take that back.

What it got do do with you stupid comments

Moniman, It’s just terrible watching the sp creep up on low volume, it’s especially galling when you prefer the sp to drop on low volume. It’s much like some of the share holders here who have sold down as the sp has dropped moaning about the sp dropping while simultaneously sniping about the company, as long as they still hold a few shares they think it’s ok to moan because they’ve lost a few quid, yet they don’t care, they prefer to be proved correct rather than get a return on the shares they still hold.

Nice buys today, let’s hope for a continuation in the weeks ahead.

Hopefully the guys with many millions of shares have finished selling and we have touched the bottom, If that’s the case I’m hoping to see a nice rise from here on any half decent news.

If not and it drops back to c0.10 I will think myself lucky to be able to buy more and keep my average below 0.11

They may have lent them out for someone to short if that’s an option here on the promise they are returned plus interest and or more shares, the good thing being if that’s the case they will need to buy them back. To be fair I don’t know but doubt they have been sold by them at a loss.

Yup, moniman

Someone’s desperate.

Persi,

You should’ve sold those thruvision shares last week at 32.5p before you ramped them here on the RBD message board, you still holding and hoping there’s a buyer in the wings.

Simon,

Bring down the average, good shout.

The Wressle CPR must be due, looking forward to lots of asset updates coming thick and fast.

Looks like the sellers are drying up, never say never but let’s be positive and assume they are.

Lots of other companies are down on the day, RBD holding, just needs a decent couple of buys to get it rising again, anyone got a few hundred k to push this on a bit…..Sachin, Stephen if you’re reading this get your cash out.

Moniman,

Don’t think they waste their time on small fry 1000 bopd stuff, they also have more than enough projects to get on with.

Itsawrap,

Good point, it just shows there are many options to get WN over the line, the current valuation of RBD is ridiculously low, they have plenty cash, many projects and so many avenues for the sp to grow.

itsawrap,

that would apply if reabold hasn’t done due diligence, bat**** crazy if they weren’t sure permits will be granted.

Uggy,

I wouldn’t be here if I didn’t think this can be pulled back from the brink, with no debts and a large chunk of cash forth coming, Reabold is still well in the game.

They have obviously spent a large chunk of that £5.5m they had at year end.

But they are also due another c£9m from the Corallian sale later this year, this would allow them the funds to pay Rathlin's share or part of its costs for the WN drill if no partner can be found or current partner does likewise, UJO may not be interested at the current offer Reabold are trying to sell them.

The problem for UJO is they are caught between a rock and hard place, they will still want the WN drill to go ahead asap, but they may not want the added exposure of more costs. I would imagine it will depend on how much Rathlin will concede % wise in any deal and at what price.

Who knows what the eventual split will be but I’m betting my newly acquired shares in RBD it will happen and that’s primarily the reason I bought.