Member Info for Jimmybob

That was a very poor assessment I hope rouge trader is not trying to make a living from his advice. Would be good if he understood the portfolio and potential of the assets before trying to advise!

A little patience needed here the income and future value will push this higher. It won’t be allowed to get to a stage where there is more cash in the coffers than mcap. Things are looking rosy!

Me too! Let’s hope this kick up the ass pushes them into action!

Selfish, I did write to Kamran and he got back promptly with a holding message that he would address my questions asap. I have not had the further response but this maybe a busy time for him I guess. Will let you know if and what reply I get. My questions were really around strategy of the new board going forward. JB

Thanks for the clarification! JB

The RNS from 31st Oct clearly states “The directors of Reabold own a combined total of 3.11% of the Company's issued share capital and are completely aligned with the interest of ALL Shareholders”

Isn’t the reckless £4 million also proposed by the new board?

Luvlyjub that’s the best post I have seen in a long time! I think he maybe all of the above?

Ahris you state that “The purposed board are saving £1.5m in costs and only £100k in equity I vote for them.” Please can you explain this statement? Are you assuming that the new CEO when appointed won’t take any salary? I am not sure we will get a capable CEO for free?

It’s gone down 25% since their approach!

I am not disappointed at all well done you! I have a core holding here and a trading pot. I also hold ujo but tend to trade that more as it’s more predictable with the ups dabs downs. As I say I have a core holding of both but more in here unfortunately.

For transparency and for the record I am not inside at all! I am a long term (for me a substantial) holder here. I don’t know how I will vote yet. I am not happy with the current situation but I am very uneasy and don’t see much to to make me trust the potential new board. I have also endured many years of deramping from the likes of Persi RNST. OliveOil etc and potential share price manipulation from Winnifroth, DMB etc etv. This again makes me look hard and ask diligent questions regarding motives and background regarding our options and decision here. Look at my posting history it aligns with the above. Understandably the majority of holders on here are underwater (including myself) are letting their anger and emotions take over. I would advise looking at the facts on the table and asking informed question and making an informed decision when placing their vote!

The potentia new boards action has trashed the share price I would like to know what their plans is the recover it? What is their plan to expedite the portfolio of assets we have? Have they got the background and contacts to do that? If they don’t what is their plan to do that? Have the new board for relationships with the companies key strategic partners etc.etc at the moment their sole arguments at the moment are around running cost which infact is very low at present and we actually don’t know if they will actually increase this cost???

The detail is missing here for example ask them how much they are going to pay the new CEO? What do the current non exec directors get paid and how are they paid? Is there plan any more cost effective than the current plan?

I find Novy one of the more balanced and sane posters on this bb. He makes it transparent what his motives are I.e he’s a longer term holder whom wants to see a return and value unlike many posting on here!

So instead of obsessing about the current board can anyone on here highlight what the new board are going to do differently?

We were told the next WN drill is funded. Why are people assuming the it’s the divi or that drill? I think that’s misleading. We need to lay out or have the facts laid out here. So many have appeared to joined Persi in the trying to deceive camp! Let’s get at the facts here which I believe Novy is trying to do I.e we currently have low running costs etc. I appreciate that there are many frustrated shareholders but we need a balanced fact base view to make the decision on which proposal is best for us!

Ps as stated previously I am not entirely against the cause of the proposed new board. I do currently have very little trust in them and it’s actually decreasing with the way they appear to be trying to get their message out through Winnifroth, Ahris etc. I am however open to being convinced to either stick or twist!

The plot thickens as Kamran Sattar, was heavily involved in brokering the DBRM deal and a major share holder there. Does not bold well for either the old or potential board. Will be integrating to see how this unravels!

The irony Persi, people whom hold shares on AIM believe that there is a potential for a great return. Many of us believed Victory would be transformational for the company. The true vale was not clear but the potential was there. Novy was bold enough to give his opinion. Like wise you have almost every day stating the company will fail. The difference with Novy is he has facts and data behind his statements unlike yourself who is here to spread doubt and fear with any negative cogitation you can make up. Read you history Persi you should be ashamed!