Member Info for PAUL1DEANO

Https://think.ing.com/snaps/turkey-sees-slow-adjustment-in-its-current-account/

Excuse the pun but a lot of gobbledygook I cannot make sense of, but the energy and gold theme is present.

Wi think the board have to start considering dividend payments to compensate us all for holding this share during these times.

As for copper, ev vehicles are not happening. Ferry companies will not take them, Luton airport is suspicious and people cannot insure them.

https://www.reuters.com/business/autos-transportation/hertz-sell-about-20000-evs-us-fleet-2024-01-11/

The copper thesis was only part of the green communism dream.

It is a lost cause, I’m beyond caring now.

I will check the SP to get to my entry price and then sell.

These pair don’t want to do anything at WN and instead engage in the carousel of CS which will never happen. We are powerless to get rid of them to stop that pursuit.

' the shareholder base of reabold has resoundingly rejected mr sattar's latest opportunist effort by 86% of votes cast, to 14%'

How many of those votes are those skilfully arranged and based on the fear card of delisting?

The only project which needs developing is WN and there is a lack of enthusiasm for that, which is understandable with the windfall tax in place. The govt wants to nationalise the industry via excessive taxing to fund the pandemic fiasco, war in Ukraine and immigration.

Oh when we won that appeal I moved in and thought we were good to go.

If Labour get in we are doomed.

It will be a return to the 1970s.

I wonder what remuneration they are getting from the Ltd companies they are on the board of which RBD have invested in?

Will they end up on the board of LNEnergy?

@GP might be something to do with the LNEnergy situation holding up the votes, a situation which was not apparent before.

‘ Apparently NONE of you have the guts to ask them.’

What has happened to the £4m dividend?

Please clarify if the Environmental report in Italy was submitted under a previous application or has it not been done?

Why the delays in WN?

Do you honestly expect an answer for any of the above to be satisfactory!

A lot of it comes down to government policy of windfall taxes on the industry sector and both UJO & RBD share prices collapsed on sept 8/9 2022 when they announced a government moratorium on fracking.

Excess taxation is a form of nationalisation.

I will tell you who will look even more stupid, the private investor at the end of the year.

No dividends paid as previously stated, no progress made on our prize asset CS and WN just an example of the current boards inability to do anything of any worth.

Well all their energy will be on CS for the rest of the year and into 2025, your guess is as good as mine on WN, it seems a none core interest right now.

I am just looking for my entry price to get out of this dog, I doubt I will get it though.

Mind you things to take into account, do better research on NOMADS some I shall steer clear of and anyone who goes onto the bucket mans show I shall avoid.

They probably voted in it.

How many years are we off that tenement being mined?

The drill results were weak as well.

What happened to the coal?

'If you mean the lot trying to grab the assets with paying no premium,'

I am struggling to see what the premium is?

USA, Romania, Italy or Simwell. Can it be WN with a cashless Raithlin?

What can the two bozo’s do in the next 12mths that is constructive and beneficial in achieving anything?

Colle Santo will boil and simmer away slowly to the point where it will become a none core asset under it’s own steam.

West Newton seems to beyond their capabilities.

This deficit will keep showing and showing for the rest of the year.

I suspect they have survived this one, will they secure Colle Santo and WN shows no sign of progression, so what the outcome will be is anybody's guess.

I hope we do get a raise in the SP so I can get out of this dog at my entry.

Or can they provide evidence to the Italian Government where there drilling activities will not cause any structural damage to the dam in the vicinity.

If we are successful in our bid and there is structural damage to the dam and it can be proved to be our fault who will underwrite this scenario and can we get insurance for it - I doubt it.

@JD you posting history makes interesting reading, you seem to be an insider.

'JackDiamonds

Posted in: RBD

Posts: 653

Price: 0.405

No Opinion

RE: BMD’s motive8 Jul 2021 10:22

Watts,

Let's not forget that WN is a MONSTER. On AIM, chipping away at the SP is not uncommon, especially where we have rogue commentators passing their view as given facts.

Show me a TR1 of any major seller's ? Clearly the partners concerned did not think it appropriate to make any comments on WN, good or bad, subsequent to the BDM post. I actually think his post was a cry for help, as it was obvious to me it was a shout out to the partners to provide more information to better inform his associates, but why would they when the tests are ongoing and A2 to follow.

I have increased on weakness mainly because of the information provided on WN to date and the progress made in making this Asset "Disposal Ready". Let's not forget that our main aim is to get this asset advanced enough to interest the "Industry"

Then we have the involvement of "Strategic Investors" lumping £500k into the RBD Victory Loan. My own view on these Investors, is that they most probably have a wider remit than just the Victory Project.

Excellent, funny update from Alan regarding his points on Cali, which I agree with.

"Following an active five well drilling campaign in 2018-2019, last year the focus switched to maintaining cash generative production throughout the oil price downturn. With oil prices significantly improved, attention can once again turn to opportunities to grow the business in California. "

The Cali Asset is now held as a self funding Asset, even to the point of additional drill activity. With a Realised price per barrel of $38.4 and Cash Operating cost of $18.5 per barrel, the low oil price environment of last year still made us a Net Profit of $12 per barrel after Royalty payments. With Brent currently trading the $70-$77 range, and my expectation is it will test $120 in the near term as we unlock from COVID, even at $70 Net Profit per barrel is +$40 (3 times 2020).

The recent price action is unlucky for those trading on leveraged margin but for the true LTH's it is a gift.

Don't post much on here these days, as the level of valued content is dire and far to much BB response to the unwashed who I have in the Green bin.

All the best

Jack'

As a shareholder then yes I do so I can use it to make a vote on.

Besides which would they have not done one on the previous requisition attempt.

' but the NOMAD (whoever that may be) will need to complete their diligence.'

So where is the detailed report from our current NOMAD stating why there is an issue with KS and AC?

I presume it may become subject to litigation.

May I enquire as to what the premium is exactly?

Italy, USA or Romania or WN with no funding in place?