Member Info for Jimmybob

Well Persi I cannot say many on here will miss you but enjoy posting on the Whitbread board I am sure they will appreciate your wisdom more over there than on here.

Why are you here every day constantly play down any positive information from the company spinning lies and fear? What is your motive? You are certainly not a shareholder.

Sell your one share then and move on with your many accounts.

Persi you have never said a positive word for both companies in the 4 years I have been holding. You spin lies, even that RBD were partnered with Carillion the engineering giant that went bust. Look at your posting history you just constantly grind out lies and try spread fear. It’s all there for people to read. Go through his posting history. You have no credibility here with your many accounts from one IP address. You motives are clear and close to being illegal, I really hope you get you comeuppance one day. Life works that way!

Persi you have never said a positive word for both companies in the 4 years I have been holding. You spin lies, even that RBD were partnered with Carillion the engineering giant that went bust. Look at your posting history you just constantly grind out lies and try spread fear. It’s all there for people to read. Go through his posting history. You have no credibility here with your many accounts from one IP address. You motives are clear and close to being illegal, I really hope you get you comeuppance one day. Life works that way;-).

So Persi, how many shares do you own then? You seem so desperate to slate the 2 companies? Why are you here, you claim to be a shareholder but come up with any old crap and lies to slate both companies? You are a blatant lier here spreading fear and lies. Your posting history says it all. Or are you BMD, Chris Oil, T.W in disguise or paid their paid rent boy?

So Persi, how many shares do you own then? You seem so desperate to slate the 2 companies? Why are you here, you claim to be a shareholder but come up with any old crap and lies to slate both companies? You are a blatant lier here spreading fear and lies. Your posting history says it all. Or are you DMD, Chris Oil, T.W in disguise or paid their paid rent boy?

Where is your proof Persi you make these claims but have no substance? Like you claim to own shares but do nothing but slate these companies you are a joke and scum of the earth!

Shorts are being squeezed wouldn’t want to be out this over the weekend ;-).

Shareholder who you trying to kid. I have been here for over 3 years and you have never said a positive word about the company! Look at your posting history, you are either a manic depressive whom has nothing better to do than torment on a BB or a paid hand of the AIM bandits. How many accounts do you have on that IP address Persi? Why so many????

The manipulation here is so obvious. It’s AIM all over I suppose. The corrupt few including BMD, Chris Oil and T W will have made a killing and their paid hands on here a few pence. Let’s hope they get burnt, as the value here will shine through.

Wow sorry if you had seen that someone appears a little on edge? Anything I can help you with?

Bump what? surely you sent suggesting Persi has come up with a fact or anything of validity. Looks like you guys are losing control here. Time for the value to show through and the fear and lies and the shorters to close. The future is bright! JB

The news yesterday on Corallian and its key asset Victory might smoke out industry buyers for this major project which is ‘progressing really well’, in addition there is a decent exploration portfolio in there as well. With the news from the total portfolio it is unsurprising that they have also decided to action California where putting the two companies together makes a lot of sense.

There is much to do and this will mean some transactional risk, Daybreak has to convert its debt into equity and raise cash but that should be doable with its very low valuation. Subject to execution, RBD ends up with a business with no debt, they will not add cash, just its own assets and the resultant valuation should be set to rise.

To me, this working of the portfolio makes a good deal of sense, assuming all goes according to plan they get to keep hands on the biggest and core asset at West Newton and an arms length ownership of the Californian assets whilst, possibly taking some money off the table at Corallian and thus Victory. Reabold has always had a good reputation for asset evaluation and trading, it looks like this is what is happening right now.

Our 2 CEOs have obviously been busy creating value across our portfolio!

It has been a busy few days for Reabold, post the WN malarkey they announced yesterday that they had commissioned a CPR at Victory and a strategic review for Corallian overall. Today they have announced the signing of a conditional equity exchange agreement between Daybreak Oil and Gas Inc, a US OTC traded oil and gas operator with assets in California.

The Transaction will result in Reabold becoming a major shareholder of Daybreak via the issuance of new Daybreak shares to Reabold, in exchange for Daybreak acquiring Reabold California LLC, Reabold’s subsidiary which holds, inter alia, Reabold’s licence interests in California.

Per the conditions of the Equity Exchange Agreement, prior to completion of the Transaction, Daybreak is required to raise a minimum of US$2.5 million via an equity raise; the proceeds of which will be used to grow production across Daybreak’s enhanced portfolio. In addition, Daybreak will be required to complete a conversion of certain of its debt into equity. Reabold will hold up to 46.5 per cent. of the Daybreak’s share capital as enlarged by the completion of the Transaction. The longstop date in the Equity Exchange Agreement is 14 February 2022.

This deal creates a self-funded, OTC traded, Californian oil and gas operator, with a strong balance sheet, in which Reabold will have a major shareholding, Daybreak will utilise its existing in-state management team and expertise to grow the portfolio through development of existing licences as well as considering strategic acquisition opportunities. With a clear focus in California, Daybreak can utilise significant market opportunities for consolidation in the state, creating further opportunities for synergistic growth.

As a result of the transaction, Reabold’s interests in California will be exchanged for shares of an OTC traded entity, creating flexibility and funding opportunities for the Daybreak going forward.

Sachin Oza, co-CEO of Reabold, commented:

“This transaction creates liquidity for Reabold and forms a new, cash flow producing business with the skills and capability to capitalise on growth opportunities from its existing portfolio, and attractive acquisitions presented by the market dynamics in California.”

“Our Californian portfolio has been a significant deliverer for Reabold, with 5 discoveries over 5 wells since we began our drilling program. With a dedicated management team with significant in-state expertise now at the helm, we look forward to the next phase of its development as a large shareholder.”

With so many things to consider Stephen Williams gave me some of his time to update me on what’s going on. At West Newton the partners are still keen to get back into business and the important technical studies, key questions and the next steps are being evaluated. As one can imagine the appeal format is being handled with utmost ‘subtlety’ and it’s good to see this landmark asset being treated like that.

And he states he owns shares what a joker Persi is. I truly hope he is caught short!!!! ;-).

Persi arguing black is white again ignore him don’t bite he is gutter trash he claims to be a shareholder but cannot explain why he is so obsessed with trolling this BB with his dross!

An honest summary don’t you think flat earthling?

David Bramhill, Executive Chairman of Union Jack, commented:
“The results from West Newton confirm substantial conventional onshore hydrocarbon discoveries.
“The Operator’s updated analysis of the best estimate in-place hydrocarbon volumes, aggregated
across West Newton and the three largest prospects, highlights a significant proportion are liquids.
“In order to unlock the value potential at West Newton and across the PEDL183 licence, over the
coming weeks a number of external studies will be conducted, encompassing a wide range of potential
reservoir stimulation treatments, the results of which could be applied to the West Newton series of
wells in order to achieve optimum flow rates.”

https://www.malcysblog.com/2021/10/oil-price-kistos-petrotal-kosmos-echo-hurricane-union-jack-reabold-and-finally/Yes

https://www.malcysblog.com/2021/10/oil-price-kistos-petrotal-kosmos-echo-hurricane-union-jack-reabold-and-finally/Yes nice read there interesting look how they took hurricane right down to 0.6 and now touching 5p. Things can change quickly.