Member Info for PDMSPiper

Possibly M&G taking more after being clued up with all the info that Sachin & Stephen have on West Newton. I have a lot of risk on here but with the volumes of big buying going through and the fact that we’re still in the early chapters of the story, it doesn’t feel to me like the right time to be taking some of my holding off the table. I’m sitting tight. Continue to hold here.

Yes you’re right of course. AIM is risky and oilers especially. I’ve been mugged off for £150k in the last few years but now my only holding is RBD. I was £57k down at one point here and almost ready to chuck the towel in and go back to working for a living but I’m now £88k up in the share account and £12k up in the ISA so the future is looking a bit rosier. I don’t have dreams of riches or silly motor cars. I just want a secure retirement and sustainable existence here in Spain. If not it’s back to up at 5am in an Aberdeen winter to get on a Super Puma *shivers* No no no. West Newton was just the fillip I needed. As they say it was “Go big or go home” time for me and I was almost going home. But not now I don’t think. GLA.

True Ismailia. Investors will start to look at the Mcap and add up the numbers soon. The alternative is buy something safe like a woodford fund. Risk/Reward profile looking extremely attractive here and the market doesn’t ignore that for long.

The mail yesterday. Expecting the 5-10% rise to continue on Monday. Reabold should be £150Mill+ Mcap min with this discovery and the market is starting to realize it’s been sleeping on this.... https://www.thisismoney.co.uk/money/investing/article-7167005/Oil-minnows-sent-gushing-drilling-potentially-unearths-UKs-largest-onshore-gas-field.html

Ha. Nice entry Rodster. My entry was a bit premature. I got excited early and my average is about .75. I have quite a lot though and I was £57k down at one point. Now £88k up so it’s moved a lot. Not taking any of that profit here. I bought the story. The story is only part way through. GLA.

They’re and their. FFS.

I think we’ll finish at 1.30/1.20 at the close today. A nice daily rise should get the attention of the wider market now as we approach the first release of preliminary log results at West Newton. I expect fireworks.

Relentless buying today. Any stock sold is being snapped up. Simple market mechanics; Transfer of wealth from the impatient to the patient. Smart money coming in now as the risk/reward profile looks massively favorable. Expecting a big rally into the close today as the “don’t wanna be out of this for the weekend” FOMO mob arrive here.

Parta will spud in August with results due in September. It’s another high CoS appraisal of an existing discovery just like West Newton. These boys have done their research on our behalf. I wouldn’t bet against Parta coming in as another big numbers asset. West Newton, Parta, California are all looking very lucrative for the company. That broker valuation of 4p is looking low to me.

True. Long way to go yet and the market knows it. MMs offering 1.18 for £20k in a live bid on HL. They want the stock.

Bid going up. MMs want the stock. The market doesn’t care about Cali or the Weald of anything else. The market is excited about West Newton. Fear of missing out hysteria will kick in soon and the buying will be hysterical. We’re off to the races. Hang on to that stock or take more here or miss out.

Advertised prices are 1.10/1.15 but MMs are bidding 1.12 for £20k. Bid is going up and up. This Micky boy who’s just appeared here wants your stock. Probably works for the brokers. Good sign. We’re off to the races. Strong buy all day and in the coming days!!!!

deramping trolls hitting the board looking for a cheap entry. MMs filling orders and offering over the bid for large chunks. They’ll take £20K off me at over the advertised bid. All time highs coming. A nice 5% a day rise into WN preliminary analysis results and the spud of Parta will do nicely. Ignore the noise. The market is excited about West Newton. The market wants RBD stock. Hold onto it.

As predicted the BBC put their pro radicalized environmentalist propoganda spin on the West Newton story. Only interviewed swampy Pip Hockey and a local who is prominent on the swampie FB Facebook page. In reality most of the locals are hostile to the swampies because of the disruption they caused and blame them for the road closures. The BBC made no effort to interview the companies involved or any industry experts to get the true story of how the resources will be extracted. Camarco should complain to the BBC and demand RBD and Rathlin are given an opportunity to give their side of the story. I’d be getting the legal team to contact the BBC in short order. RBD did get a mention in small print on the graphic though and at then end of the day all publicity is good publicity. Just a bit annoying that a local housewife was allowed to give her totally uninformed and incorrect opinion about extraction methods but nothing from anybody who actually knows what they are talking about.

They can test a well for as long as they like. Pressure test, flow test, production test. The testing only becomes price sensitive when it is declared conclusive. Who decides when its conclusive? The Company of course. So who decides when they are ready to release information deemed to be price sensitive? The Company. I agree with Bob, I’m happy to wait for the market to digest WN before releasing a Cali update into this maelstrom as it will be ignored. Luckymans whining is frustration at having not enough volatility to trade. You’d be better off in UJO Luckyman instead of disrupting my tranquility on a daily basis. Not happy, don’t want to wait? Sell up. Off ya pop.

On Monday we had the biggest RNS of the year, transformational company maker. On Wednesday we had an update on Parta with the next exciting high CoS appraisal campaign to kick off in Romania in a few weeks. Today is only Thursday and you’re already whining and wetting the bed. Give it a rest son. You’re like an annoying kid on the backseat. The moaning drivel is tiresome. Turn it in please. Thanks.

Yes Straighty, the pump n dump crews of Coil, BMD, Steffy, Heid and the team have played this like a fiddle. Just watch them start talking about a placing again as soon as they’ve sold this little pump they’ve created. Rinse and repeat.

That’s incorrect. RBD are the only ones in the whole partnership who are cashed up. Rathlin, Humber and UJO are all skint and all will need to raise funds to further exploit this license beyond even the next short well stage. My guess is that we will get an update of log results, core analysis and perhaps the first short 96 hour flow test. UJO will raise on that news. Looks like RBD are gearing up to buy more of Rathlin. They have the cash in the bank for that. That’s what today’s RNS was for. Clarifying present position before the next move. GLA but I wouldn’t be hanging around in here too long. Far too many scally pump n dumpers and Johnny small time traders taking a few hundred quid at every opportunity. This will never go anywhere with so many profit takers continually.

After the EWT of WN-A1, WN-B will be drilled. So, yes, more cash will be needed.

The strategy is to sell when the market improves. Theyve said repeatedly it’s still a buyers market. There’s still bargains out there. Not the time to be offloading assets cheap so others can take advantage. Why would they bang on about what a great buyers market it is and how many great undervalued assets are available to snatch up at bargain prices then flip to becoming a seller. It doesn’t make sense. They’ll sell when the time is right and not before and I’m happy to wait.