RE: New Investor?21 Aug 2024 13:42
In these troubled days of nothing but war and famine we need to have a 'belly laugh' at some of the pronouncements made by the company in days gone by. In this one we recount an extract from a presentation given by RBD 4 plus years ago.
"Rathlin Energy (UK)
• £20M invested to date for ca 60%1 ownership
• Rathlin has a ca 66.7% WI in PEDL 183, which holds
the West Newton oil discovery
• West Newton appraisal, indicates potentially one of the
largest UK conventional onshore oil discoveries
• Reabold may increase ownership of Rathlin to up to
75% and West Newton to up to 50%"
But, don't laugh too much remember what goes around comes around!