Member Info for Lenin

Mr A James W ..many thanks for your highly detailed explanation of a lack of winds in the U K at the moment ...from your message maybe you were a former Meteorologist .though the ones I watched on T V often seem to have trouble forecasting the weather for the following day ( which is annoying for me as I work outdoors !!!)... Regards Lenin

Just on the subject of gas which bolds well for the sale of victory ...the output of gas in the UK has fallen since the start of the century at the same time usage is rising which means more than half the UK gas is now imported from Norway , The Netherlands and Belgium...And into this mix , the Russians restricting the gas supplies across Europe which means the U K is placed at the back of the queue for gas, making the U K very vulnerable to price rises ...An extra problem has been the lack of winds recently generating renewable energy from wind turbines ...With this background maybe there could be multiple bidders for Victory ...

Mr Grey panther .Market Watch reports that Coralian is already approaching third parties for a possible sale of victory ..but they may wait for the Draft Field Development Plan which should be submitted before the end of the year to be approved by the U K regulator ...

Mr Grey panther ...if you take careful note of the R N S ..Stephen Williams has stated..(in a short part from the R N S )...The Victory project will at the appropriate time deliver considerable value to Reabold and our shareholders ...So in its most simplistic sense it is the same as when you have a house rising in value but until the sale is complete the value is not released ...It is at the moment of sale that there should be a massive jump in the Reabold share price ...He is obviously very confident that their 3 year + project for Reabold will finally pay off ...

What I want to know ...if these Obsessive Derampers who post every day on the so called failings of the company know so much.. how comes they have not turned themselves into multimillionaires with their.. so called expertise !!!

I can't make a prediction off what will happen ...but when you mention a lack of positivety on this board ..I have seen have seen other chat boards in the past ( not connected to Reaboald ) where many of the messages predict doom and gloom for the company or share and then a few months down the line the share takes of into outer orbit !!!!...

I can perfectly understand people posting messages to complain if their shares are down in value or they think the management have not handled operations well ...But what I cannot understand is why a few would Obsessively post almost everyday to run down the company ...I am down as well but I am pound cost averaging down on a very slow basis ....This seems much more productive than posting messages *****ing at the company all the time .!!!..

Just a small add on ...I remember someone posting early this year that they brought shares in Reabold on the advice off Broker Man Dan ...So the idea that he can be trusted for share predictions is a complete nonsense !!!

Many thanks for your reply ...As I only have a basic understanding of the background of the two men I cannot really say if your points about Macy are correct ....but with Broker Man Dan it may be more a case ..of cause and effect ...if he is sending tweets to followers about his opinions on shares .......I cannot believe he would not have his own interest at heart first ...A Leopard does not change its spots .!!!

What I want to know is ..why is it some investors will pay attention to a shady character such as Broker Man Dan when deciding wether to buy or sell shares i..yet when someone such as Macy who is supposed to have very good knowledge in the energy sector gives his view hardly anyone pays attention !!!

A genuinely funny comment that made me laugh on a miserable day for the Reabold Share ..They say money can't buy you happiness ..BUT it can but you a first class ticket in the search for happiness .. Hopefully there will be no more bad news for a very long while now ..

There are Pros and Cons to averaging down but topping up with small amounts of cash can make a big difference at these levels depending on what higher price the shares were brought ..On this basis I have topped up today hoping that good news for Reabold in the near future will put rocket boosters in the value of this share !!! Good Luck all

Many thanks for some different awnsers on the subject .I am an eternal optimist ....I remember watching a true story Norwegian drama ( with English subtitles ) during the lockdowns when oil was discovered of the coast of Norway during the 1960s ...A local town inhabitants were promised they would become very wealthy ..but nothing seemed to happen for ages with problems with the drilling etc ...and off course the local people became frustrated and angry ...And then out of the blue after a long wait their lives were changed by the discovery of the oil ...So I am obviously hoping West Newton will be a repeat of this drama!!!! ...Good Luck to all

I just wondered if anyone knew when Rathlins planning application for the 6 wells comes up again for appeal ??..This is important as it means they will leave no stone unturned to make West Newton a success ...

I never predict where which direction a share will go in ..but we may be at last finally seeing more green ( or blue depending on the shareholders platform ) than red days which indicates Reabold could be at the start of a rising trend ..

Can you be more specific why you are saying there will be good news this week and also are you... absolutely certain... there will be good news this week ????..Wether messages are positive or negative on here posters should at least be trying to put genuine reasons behind ...At least then the message look credible ...

So far Reabold has recovered almost 40 % of its share value since the low point on Thursday and this is on the back of rather poor news in having the new drilling application rejected on Thursday ...One only wonders what will happen once it finally gets approved ...

No idea ...but if the share price can have a good day today on a rather poor R N S let's just wait and see what happens when we get a good R N S !!!!

I was in at .45 a couple of months ago so obviously down like many others ...but depending on how much lower the share price goes down ( and on this I have a predetermined price I will buy more shares ) it is possible to dramatically bring down averages with fairly small sums of money at these levels ... though each case will yield a different result ... Success in doing this is not a guarantee off course but as long as an investor still has faith in the company to deliver for myself it feels a much better thing to be doing than endlessly posting messages running down the company ...

I can understand share holders posting to express annoyance and frustration when they are down on their holding or the company has not delivered but there seems to be a few on here for whom it is basically... an obsession .. constantly posting daily to run down the company ..That will do absolutely nothing to recover any lost money ...No one here can control outcomes...that is why faith and patience in the company to deliver is essential during this period ...