Member Info for luckyman2

Reabold, the AIM investing company which focuses on investments in pre-cash flow upstream oil and gas projects, is pleased to announce that, at the General Meeting of the Company held earlier today, all resolutions proposed were duly passed.

Application has been made to the London Stock Exchange for the 2,666,666,666 Placing Shares to be admitted to trading on AIM. It is expected that Admission will become effective, and that dealings in the Placing Shares will commence on AIM, at 8.00 a.m. on 29 October 2019.

I think the bottom line is Rathlin want a better deal . imo

The problem for RBD is the more they prove up West Newton the harder it will be to do a swap .imo

If this is as big as they say then maybe Rathlin want a bigger share of the pie.

Certain legal and administrative issues have caused a delay to entering into a binding Equity Swap Agreement.

Remember that S & S are on the board of Rathlin and are the majority shareholders.
So i would think that they can dictate when to release an RNS to the benefit of all involved. imo

The BIG 3
Now that sounds good.

As far as i am concerned this has got to be the best company with the most upside on the AIM at the moment.
So glad i invested here and held through all the deramping
SP should be back to 0.3p by end of next week in anticipation of Wessel getting approval to produce. imo

https://www.express.co.uk/news/uk/1194134/falklands-islands-argentina-election-Alberto-Fern-ndez-margaret-thatcher-boris-johnson

Buyers topping up before the herd arrives.
Lots of news due over the next few weeks

Good to see us in the blue again.
Another small rise tomorrow and will feel a bit happier.

AJamesW

I agree with you on that but it would have been better if they had issued an RNS to say so.
Is there any way that we dan confirm that they are waiting for a new permit from the OAG authority.
It must have been lodged somewhere for us to view.

you mean .15 and .18p
Well if RBD bought a bigger holding in West Newton from Rathlin then we may buy a bigger stake as well but from Humber oil on similar terms
Anything is possible it seems.

Moved up today at last.
Now lets get back to over 1p

Worth a listen again.
https://www.dropbox.com/s/ou5uvm01u3acd9w/2019-09-04_srs_008%20%28WN-B2%20Fully%20Funded%29.mp3?dl=0

Mymine
Yes i guess they are.
Its sad when you both RBD and UJO are involved in the same project yet we **** each others investment as bein the wrong on to invest in.
Why do they not just buy both like i did then sit back for 12 Months and see which one gives the best return.

Lots of deramping going on here some from RBD holders.
Makes you wonder what the motive is.

Buys seem to have slowed down.
I expect we will sit around this level till next bit of news gets us excited again.
Wessel next . imo

Not a bad basket to be in compared to all the others.
I thought RBD would have been a better investment over the last year but i was wrong,
UJO has shown a better return and i am sure it will do a lot better than RBD over the next year as well.
Wessel appeal decision next Month which could take the SP up to around .5p if approved.
Lots to play for here at the moment so i will just sit tight for the rest of the year.

Remember rathlin pay 66% of all costs for 2 wells we only pay 16.6 %
We have enough money in our bank to pay for a further well but could selll out if the results are excellent
No need to raise money for 2nd well as we will be cashed up and long gone. imo