Member Info for persimmon

Strong rumour that Heid is changing her name by deed poll to Heid Gas.

I think that Stephen Williams may 'pull a sickie' at the next Rathlin board meeting.

OK TakeAimFire, what is your estimated dilution following the next raise, and don't say there won't be one as the state that the books are in and the massive on going expenditure says otherwise.

"no one trusts the BoD any more and the flagship West Newton test hasn't produced any oil - god knows how much it has cost so far as well......................."
The two jokers running the job via Rathlin will soon be announcing how much. My guess is that the dilution to share holders of RBD will be in the order of 15%

What will be the outcome of Thursday's council meeting . What are the odds of the decision.
A bit of light hearted fun for once! My guess is
In favour of the Applicant (Rathlin) 2/1
In favour of the Objectors 4/7

LOL fund raise ................
probably 1
definitely not 2
not 3 I'll add a 4
4 possibly after the update (by that time punters may be share price punch drunk)

What will be the outcome of Thursday's council meeting . What are the odds of the decision.
A bit of light hearted fun for once! My guess is
In favour of the Applicant (Rathlin) 2/1
In favour of the Objectors 4/7

"The B-1Z well will therefore be suspended with pressure gauges monitoring pressure build up in the well bore, with a view to further testing following the results at the A-2 well."
"The testing equipment will now move to the West Newton A site, where we will re-start the previously interrupted test at the A-2 well."

Let me guess we then return to B-1Z well....anyone spot a pattern here?

ha ha... so is Selfish taking over from Heid I wonder. A double headed ramper.

good post, I like it.
XXX persi

Hey cloves where's your mate Simon today, the Donkey's offspring. Surely he's still not ploughing a furrow on Blackpool beach.

Never mind, I'm only josh ing. Not many years to go before we find out the true worth of West Newton.

Oh come on Selfish, none of us like being in this situation. Myself I'm 50% down on my entrance of .4p, so not happy. The difference is I am not oblivious to what is really going now with the dynamic duo. If I had my time over again would I invest in RBD?.......definitely not!!

So to sell electricity back into the grid RBD will use the gas as the primary fuel. Let's not forget however that the infrastructure to deliver the generated electricity is not in place. You cannot bottle it. Given the nearest connection point will it be at 6.6Kv 11Kv or a lower 400volt delivery?. The connection will be many months away with more planning consents, way leaves etc to overcome.

"I'm New to this board" says Joshua767 ' who forgets' this................."Thanks BH, 2p min this year IMHO"
The above is a post on this board from you last year so don't tell porkies.
By the way, your projection of 2p minimum for RBD by the end of 2020 was ridiculous. A ten bagger in reverse gear lol.

Selfish....LOL you are paying by dilution you half wit yet you cannot comprehend. And that's only the half of it.

"All struck me as very positive and in our favour." Yes of course it was Heid, I would have expected nothing other.

But I think, from an unbiased viewpoint someone would possibly conclude............
A) That Rathlin's pitch was from a business that was all about that little word with a huge meaning PROFIT
whereas
B) The objectors admittedly amateurish pitch, was mainly about the consequences of such actions on the local residents.

Round one of a fifteen round boxing match is underway. Will probably go the distance and decided on points, unless drilling results intervene, which I very much doubt.

PAUL1DEANO........Hey Presto, just waved my 'free' magic wand and all is done.

Just for Selfish, who obviously requires further information.
Rathlin disclosure to Companies House says this about matters.....
' the company which is currently loss making and has net liabilities of £32.5M at balance sheet date, is in the process of both securing new financing to support further operations and farming out existing licenses to other parties, as well as negotiating the settlement of £32.9M with its parent company'.
'These conditions along with other matters constitute a material uncertainty that may cast doubt on the ability of the company to continue as a going concern'.
Selfish, please read and inwardly digest. If you want more information take the time to do more research, it's out there if you really look, but there again I doubt you will as you are well and truly hooked!

Selfish.... I will reply after 3pm today.