Member Info for krull

orallian's 2C economic valuation (NPV10) of Victory, based on an historical average gas price valuation of 50p/therm is £193 million.
Gas price now is: $395/therm
Would not be unreasonable for Victory to be sold for £200 million in this market! RBD would pick up £100 million for it's share.
RBD current M-cap: 23 million, so at least 4 times our M-cap, no wonder the share price has been heading back up, so yes U AIN'T seen nothing yet.

"Submission of a draft Field Development Plan is a significant milestone for this important gas field. Victory is in relatively shallow water, close to pre-existing subsea infrastructure, allowing a cost-effective tie-back solution. It is fully appraised and requires no additional pre-development drilling. A recently compiled CPR has ascribed recoverable resources of 179bcf1 of dry gas to the field, which is situated in an area of significant infrastructure, meaning its development is expected to be simple whilst providing meaningful gas resource to the UK.

High volume suggests this has more legs

Share price going in the right direction, could be some more good news on the way!
I had took two small top-up's in low 0.1's but still well under water here.
Iv'e been nibbling away at few GTC on the dips, could be a multibagger

I liked Borris, But that was before he lost his credibility, Can't see the northerners backing him now.

What news/update are you referring to that put shareholders in the know so they could buy with confidence ?

Family and friends been given the heads up before shareholders get a look in, that's whats going on in my opinion, typical AIM

It's like anything, It's worth what the highest price someone is willing to pay for it! Lets hope it's a lot more than RBD M-cap

you don't win any prizes for stating the obvious persy, of course Victory is now in focus, It's in play!

Millions of Britons face blackouts as Russia sparks winter of hell fears: 'Not enough gas'

Trading giant Trafigura has warned on Tuesday Europe faces an uncertain winter season, with dwindling gas supplies and possible power outages. In the long-term, the Swiss multinational firm claimed the price of oil could also skyrocket to more than £74 ($100) per barrel. Earlier on Tuesday, the valuable resource was trading at about £61 ($82) per barrel, slightly down on last week's highs.Forecasters fear the growing demand for gas, oil and coal, paired with a global appetite for metals, could see prices spike in the near future.
As the world emerges from Covid restrictions, markets have been struggling to meet the increased demand for energy.
Europe, in particular, was hit by a global energy crunch that saw gas prices hit record highs.
To prevent the bloc from descending into a full-blown energy crisis, the European Union (EU) has implemented a wide range of short- and medium-term emergency measures.

This would suggest it's not a spoof, as some commentators would like you to believe
https://daybreakoilandgas.com/

It's an oldie but a goodie. Once the deal is complete, it will put a firm value on RBD's %, and if warranted RBD can sell gradually in to the market.

will be promoting this soon, Gas price/assets are now in play

No worries deemule, everyone is entitled to an opinion

Whats that emanating from WN, is it a Gas Leak I can smell, Something fishy going on with the share price anyhow.

Sure, if you say so.

Persy, At first I thought you were a lackey for the MM, to generate churn (most BB have one) and earn lots of spread commission for the MM by duping PI into selling their shares. (worse than a traffic warden in my opinion) But now I'm thinking you could be on some green organisations payroll looking to hinder small oil and gas listed company's.

hanging up your tree hugging green flag on display in that post persy porky pie

https://youtu.be/CVS9sJ78I6M

Wow, 40m wide pipeline, that's big!

Looks like the UJO share price drop yesterday pulled RBD down with it, then today it should pull it back up!