Member Info for persimmon

Let's have bit of fun harmlessly forecasting like ChrisHutch did years ago on the s.p.
I'll kick of with mine.
The current price will move in a range of 0.6 to 0.75 until drilling commences on W.N. Everyone knows by now that West Newton is the heavenly twins go for gold 'moonshot'. Upon drilling RNS the s.p will move to just above 1p before it drops back to around 0.85p. Results to come in 2021 no earlier.
So my Xmas s.p is 0.85p......any more like to guess. Especially Chris if you are looking in. Miss our little discussions on RBD. Are you still there making a watching brief Chris?

B.H.....You know as well as I do there is no chance whatever of any gas flowing from West Newton this winter. So the only reason for making that comment must be to make Newbies who know nothing about Reabold believe there is, and thereby enticing them to buy. Is my hunch correct, and if not why not?

Rubey.... half of is *ollux , if you do your homework !!

aks Castor and Pollux

"Following completion of the Acquisition, Reabold, through Gaelic, will have the right to earn-in to 50% of the Leases by drilling up to five wells by the end of 2019. Reabold expects three of these wells to be drilled before the end of 2018 with the first two, on the West Brentwood and Monroe Swell Leases, anticipated to be drilled in Q3. In a success case, these wells will be put onto production, providing cashflow for further drilling activity".

"The Leases are operated by Integrity Management Solutions (the "Operator"), a California operating company that will direct operational decisions pertaining to the licenses. The five-well drilling programme earns an Operator (non-compliant) estimated NPV of $235m* net to Reabold and is expected to cost Reabold up to approximately $7 million* for the five wells".

The Acquisition is conditional, inter alia, on Reabold convening a General Meeting to seek approval of a Resolution to authorise the issue and allotment of the Consideration Shares. Application will be made in due course for the Consideration Shares, which when issued, will rank pari passu with the existing Ordinary Shares in issue, to be admitted to trading on AIM.

The vendors of Gaelic, who collectively will hold 12.86 per cent. of Reabold's enlarged issued share capital, have agreed to a lock-in period in respect of 75% of the Consideration Shares of six months from the date of issue and thereafter to orderly market arrangements for a further six months.

snaffleman.....'all that glitters is not gold'

People, do not get too excitable. The heavenly twins should soon be appearing over the hill riding their two white chargers West and Newton. Not long to wait now.....or is there?

Nothing to be concerned about as it's very small beer. Everyone here knows the end game by now....It's major success at West Newton or bust. But there will be other avenues explored in the meantime just to 'keep the kettle boiling' in case of the outcome with W.N being a duster.

Wise move Costa, UJO is a spent force now. Good ol Dave he'll take your money until the cows come home.

TradingLad.....please read my post again, I was referring to short wavelength and not actual shorting of shares. I never short shares, never have and never will. Don't like the odds. Bit like most Germans in that respect, although they don't even get the opportunity.

"Especially given the climate-fueled wildfires ravaging the region, conservationists sounded alarm Thursday in response to a Trump administration proposal for an oil and gas lease sale in California, which would be the state's first such federal auction in eight years".
"At issue are over 4,300 acres of public land in Kern County, an area recently dubbed "the oil industry's political power center." The Bureau of Land Management (BLM) released a draft environmental assessment of the plan Wednesday for the sales, which would occur by the end of the year".
Period for public comment ends September 30th

This will rise over the next few days and weeks, the uncertainty is about by how much.

Hi G.P morning too you, and other 'traders' here. Yes I think we are now both on the same wave length (whether that be short or long). I personally 'tune in' to both, although mainly on the short version.. G.L to us both and all on RBD, even good old Rubey. Damn I've used that word again.

Grey Panther..........
"The Oxford Dictionaries website is most detailed, saying that archaic words aren't in everyday use and may have lost one of their original meanings".

It's an old saying G.P, I am obviously a lot older than you if you have never heard an expressions such as:
'look at the poor old horse'. It may have been mistreated by that reference.
It does not mean that the horse is necessarily old or has no money, how could it as it's an animal.
I suspect if you have not heard of the saying you are a youngish city guy.
So you should now see my adjectives from earlier about you, were not disrespectful in any way.

Very wise too.....is there any longer term holders I wonder.

B.H
"What he needs [Persimmon] is a good shot of acid applied. I can assist if required ":-)
Does that mean you will 'load the gun' but need poor old GreyPanther to 'fire it', hoping he will take the blame.
Not a very friendly offer towards another RBD investor B.H is it?

Hello B.H my old mucker. You must know I like a small amount of acid on my Fish and Chips, the acetic type of course, not the H2SO4 variety your probably thinking of lol.

For those who understand these matters.................the oil price of today, next week and even next month has NO bearing on RBD whatsoever. Next year possibly. Anyone who thinks otherwise is in dreamland.

yyami....surely your not calling S &S opportunists.

BH....I'm actually more interested and always have been in the Californian operation. Did an awful lot of research there, including some of the characters involved and their backgrounds. The old saying is you are judged by the friends you keep. Anyway as I was saying in a previous comment, where are the overdue Cali wells earnings from February to July?