Member Info for persimmon

Hi Rodders and Buyfish, how are you Ramping guys doing?

Of course the answer will be given at the AGM. If D.B is not able to give shareholders a 100% commitment not to provide any further cash or equivalent into West Newton then it will be on the cards. That is a racing certainty. No ambiguity or it will happen!

Long stop date end of August, after that............

Some posters may need to read the post year end included at the end of Reabold Resources 80 page Annual Results. Some relating to three or so weeks away at May 2022 end.

Question..............Will UJO be asked to help in finance the 'farm in' of RBD's Victory field as well as West Newton?

I see Reabold Resources are after Companies to 'Farm in' to their Corallian Victory field development.

Looks like Reabold is seeking 'Farm Out Partners' then in the project to limit the exposure.

The dynamic duo's salaries alone are only one segment of their emoluments. Add on pensions and shares, then a massive figure for expenses including eating out, travel etc and then you will be able to almost double what their salaries are.
A 'lifestyle company'

Those iron gates to west newton will be rusty and the padlock seized up before they are opened again. And once they are it will 2 years at least before any future plans are laid down. You heard this here first from an old timer who has seen this well trodden path taken by directors of these types of companies over many years. Suggest you read up about them. Start with RKH, BOR and 88E to name but three. Still on the gravy train after decades of promises.

Expecting a decent rise before the AGM and then, the 'pigeon will be out of the bag' and the 'cats will come home to roost!'

You can almost see the tumbleweed blowing across the West Newton site these days.

My guess is that any good news investors are waiting regarding the Report will be released via RNS just prior to the AGM. Then that will be the major discussion point at the meeting, and any future investment projects will be down played.
But I suspect that any poor/ bad news regarding the Report will be 'batted away' by just stating something like, 'the finishing touches are being undertaken now (AGM Day) to the Report as we speak and will be published very shortly'.
OMO and don't shoot the messenger.

TAC......."The only one thing that is surefire un-contestable, is there's in excess of £7m in cash in the bank and that alone ensures a strong level of safety for investors".

Incorrect, the only thing that is un-contestable is the updated share price ! Strong level of safety for the directors perhaps, £7M in cash is a sum investors cannot count on being deliverable to them, and most likely won't be. Many companies have had a greater sum and gone bust in a short time.

TAC......."

selling in blocks.........do they know something we don't?

Heid, what really really matters to investors?
Rhetorical of course....It's the share price stupid !

Heid's Departure Day Dec 31st 2022
From today and on a regular basis I will be counting down the number of Trading days until Heid departs from this board.

From Wednesday (today) 15h June it is ONE HUNDRED & THIRTY EIGHT DAYS
Yes only 138 more days of incessant ramping.

RNStranslator.......I did a bit of research a number of weeks ago on these reports. the average was 5 months. There is obviously something in the report that DB does not want investors to have sight of. that's why in my opinion the s p is still in the doldrums. Only those brainwashed by Heid can't see that.

kawasaki....yes, but England are the world champions in synchronised kneeling and that's what matters to the FA and Southgate. But hey, he looks resplendent in his lovely rainbow armband.
Shame he is such a massive hypocrite, taking the team later this year to Qatar, a well known home of human rights violators.

Heid's Departure Day Dec 31st 2022
From today and on a regular basis I will be counting down the number of Trading days until Heid departs from this board.

From Monday (today) 6th June it is ONE HUNDRED & THIRTY NINE DAYS
Yes only 139 more days of incessant ramping.