Only 3% of our gas comes from Russia. Most from Norway via pipeline and Qatar by ship. UK just signed an agreement with Qatar for large forward orders. Thank God we are out of the EU, they will be hit a lot harder than us, and we will be hit.
What should be of more interest that concerns you should be. Reabold Resources lent Reabold California (A limited US private company) 6 million pounds a couple or so years ago. Now they want Reabold Resources (us) to lend them another 250,000 dollars to cover the transaction with Daybreak Oil and Gas. Where has the 6 million gone and will we see where it has been spent? You bet not! What's your take on that then Uggy?
Good evening Uggy100, or should I say High Commissioner of the Ramping Brigade. Where are you lieutenants tonight, SelfishMcNimby, Deemule and cloves, not to mention a number of other lower ranks who pay homage to you.
Selfish, this is the state of play today... Colter Duster Parta Next duster (Our partner has lost interest) California Costing more than it makes as for most wells every barrel of oil produced more than one of water is produced West Newton Looking like a project to not be commercialised Daybreak Enough said. Arguing about payments now. Not likely to go ahead. Victory Field The one asset that may save RBD but not without more works to be concluded.
Now over to the Rampers who when Our directors say something like jump they answer back HOW HIGH!
For those who think I only post negative news. With regards to Corallian and the Victory field. Normally I would say that the longer matters appear to be dragging on the worse the news will eventually be. However with Victory any prospective buyer or j v partner would need to know other than the usual recovery prospects the matter of tying into the existing nearby infrastructure. This may take time negotiating especially with oil at its current high price. A tricky balance to be struck on both leaser and lessee.
Good for you 2bfair if you got in at that price, the trouble is that most with 'skin' in here are still well under water. Some with circa 1p to even draw level. So if you are one of the minority who bought at the bottom (for now) I say well done.
Good for you feeks, the trouble is that most with 'skin' in here are still well under water. Some with circa 1p to even draw level. So you are one of the minority. But as I say well done! Probably one of your first attempts I would suggest.
Selfish, I've thought for some time that if oil keeps advancing that Daybreak may try to find a way of getting out of the agreement. It now seems if not, that RBD may have to possibly fund them as well for some time. It tells me who needs it the most if nothing else. But hey 'Fishy' aren't the blinkers starting to annoy you by now
So we not only buying back a share of the $6M + we lent Reabold California (our own money), on top of that, because no one else will lend Daybreak anymore we are having to. Great!