Member Info for persimmon

Yes, company aiming for submission to FDA for approval mid-year, so not long to go. Should this gain approval the market potential is valued in billions of dollars. probably see a take over by a massive pharma outfit then. Great and highly respected directors, unlike some on the AIM market.

CompassWars....Many of these types of companies have their roots in P.O boxes in tax havens....just saying. Start with research on the Irish markets and dig from there. I did. G.L.

This is one in my bottom drawer. When (not if) this gets FDA approval within the next year watch this fly. A much better investment than most of the small oil outfits with very small chances of success. OMO as always.

Not before time. At least we know that the drilling has to be completed and off site within a 12 week period.

Chris, why do you ask?

Boblandon
"I am trying not to post as much guys but I am super confident here have a good weekend"

You're not trying hard enough LOL

nomlungo...I agree it has no relevance to RBD strategy, that is nothing to do with the min plank though, which is who is going to finance assets if they are small and not commercially viable.

should read last two words RBD's assets?

Fyoz...so where is the money coming from to buy out RBD's '?

Fyoz......"totally irrelevant".....please don't show your ignorance of matters business. Which plonker (all though I can now think of one) would entertain entering into any sort of business transaction hoping to MAKE MONEY (PROFIT) without first enquiring in depth, as to how his/her financial outlay could be recovered + projected profits in the future.

adoubleuk....Re your last evenings post. I could not agree more with much of what you have said. Some who post on here (and they know who they are) have not the 'foggiest' idea about the simple difference between turnover and profit, and certainly cannot read balance sheets. The truth is that most oil companies profits lie in the range of between 6 and 10%. Some on here believe that if the price of oil is say 60$ per barrel then 40 % is available to share out. If they do the maths then they will see (after removing rose coloured glasses) then simple economics mean that huge throughput is required to ensure a secure business base.

The 0.9 figure was my projection for later in the year when many were involved in ChrisHutch's guesstimate game. Of the fifteen or so who took part are think there are only two or three still commenting on this site. That's tell it all. They have nearly all gone.

Yes of course it was 0.59 as Chris well knows. My mistake.

Chris, as you know I got in over a year ago at 0.9p, and I can tell you I am well and truly pi**ed off. To find myself back at the starting point after all this time is not a mistake I am going to repeat!

LOL, get back to that losers site Reabold. This one at least is gaining traction in sales, not up and down led by the major investors just 'flipping' the shares to make a few quid. If I was you I would check on Rathlin and the parent company in Canada that is fronted by a one man band. I would also check on the background of some of those at the back of the Californian drills. You find most would be more at ease swimming around in warmer oceans in the Pacific.

Does all this ramping have an inversely proportional effect on the S.P?

Reabold is pleased to announce that, further to its announcement of 22 March 2019, Integrity Management Solutions ("IMS"), contract operator of the Monroe Swell field in which Reabold will earn a 50 per cent. interest, has informed the Company of a successful drilling result and oil discovery at the Burnett 2B well in California, following on from the successful Burnett 2A well result announced on 11 March 2019.

The well was drilled safely and within budget, despite continued severe weather conditions, to a total depth of 894 metres, encountering the targeted Burnett and Lower Burnett sands. Significant oil and gas shows were seen within these formations and Halliburton wireline logging has confirmed the presence of estimated pay of 90 metres, ahead of pre-drill expectations. A production test is planned for both the Burnett 2B and 2A wells.

Reabold has an agreement with Sunset Exploration to pay the full drilling and completion costs of two wells within its Monroe Swell licence areas in order to earn a 50 per cent. net working interest in these licences. Once the Burnett 2A and the Burnett 2B have been completed to first sales, Reabold will have earned its 50 per cent. interest.

Additional activity beyond the initial two wells will be funded by Reabold on a 50 per cent. working interest basis.

afrc...I obviously don't have a crystal ball, but my best guess is that the sp will not fall much further (if at all). The company is on a very sound footing now both financially and with progress on a number of sales fronts. The company is keeping its cards close to its chest hence only II's being kept up to date. With the largest investor basically telling the BOD last year that they disagreed with the directors remuneration packages, that is kind of telling them it's time they started to share out the goodies.It would not surprise me, indeed I am fully expecting a dividend to be announced at the next AGM. OMO as always...keep the faith.

The share price is slowly slipping now as the 6 month period ends on Sunday 31st March. Then under AIM rules the trading details between 30th September 2018 and 31st March 2019 will have to be released; to be expected early April. Possibly last chance for II's to capture the few remaining shares still in private hands.

Fyoz...good news for you I am going now, but if I was you I would check up 'in depth' on Rathlin and its parent company that resides in Calgary Canada. leave the rest of the research to you. Goodbye to you and Chris.