Member Info for persimmon

Paul, the deal was enacted for whom you ask. I suspect it was for a number of reasons. Many millions of pounds, £6M + interest provided to Reabold California without any provision for payback. From there it simply disappeared into a number of secondary companies including one ironically called Sunset. Very apt name as it turned out. One has to remember that many Oil and Gas companies trading on AIM can be looked at as an iceberg. One third of it above the surface (visible to shareholders) with the rest hidden from sight. The rest is based on trust.

Paul....K.S and his Portillion company go back years, initially raising capital to further West Newton's development and then their involvement with Corallian and the Victory project. K.S's company Portillion and him personally then invested millions into the debacle which is DBRM (Daybreak). The problems with the future of Daybreak raised its head late in 2021, but it appears that both RBD and K.S were possibly in 'far too deep' by then to pull out. All about 'saving face' or something we shareholders are unaware of? Make your own mind up.

Should the 'Sunflower Alliance' law suit Filed in California in 2021 and the Clause AB1167 (Well Abandonment order) filed by Californian state) either collectively or individually mean the demise of Daybreak California and with it Reabold Resources foray into the USA?

NVG......sorry for 'getting under your skin', I have mistakenly thought all along you were made of sterner stuff. Really hope Lewis's demise is not discomforting you too much! ATB.

Agree, and Dick Turpin had the courtesy to wear a mask.

In January Reabold Resources was still buying millions of shares into treasury, and at a price less than 50% it was buying them only 6 months ago.

Is the company in such a good position, or our directors sailing the RBD ship into the reefs?

Uggy, you mean like they can pay themselves massive salaries?...............................

Uggy, what a co-incidence isn't it. Reabold Resources started a new company in California call Reabold California.. They provided £6M to that company. Years later in a deal it became part of an American company called Daybreak Oil & Gas, that had never made a profit in over 50 years of trading. Part of the deal included a company called Gaelic Resources whose only two directors are Stephen Williams and Sachin Oza. That private company on the Isle of Man has limited exposure to investigation by private citizens.

Get my drift..........................

"California Court Rules Kern County Oil, Gas Permitting Scheme Illegal

Victory — County’s environmental review again deemed unlawful, local permitting halte"

Beneath dated 7th March 2024

"FRESNO, CA — A California appeals court ruled unanimously today that Kern County violated the law by using a flawed environmental review for its local oil and gas ordinance designed to fast-track permitting. This is the second time the court has ruled that the county’s rubberstamping of oil and gas permits violates the state’s foundational environmental law.

As a result, Kern County has been directed to set aside its permitting ordinance, and county officials will remain prohibited from issuing local permits for oil and gas projects. If it tries to move forward a third time, Kern County will have to adopt a new ordinance and redo its environmental review to comply with the California Environmental Quality Act, or CEQA."

The next detail return of shares purchased up to 7th March 2024 will be published at Companies house within the next 2-3 days. By the detail already released in appears to me that the company is getting very close to the maximum value allowed under the last resolutions. regarding same.

Another meeting to allot more monies for treasury buys? A shortening of the the annual results period to hide very uncomfortable figures they wish delay, whilst gambling on some good news arriving in the intervening period?

Interesting period ahead me thinks.

Carrot13......"Research note targeting 1.2p, I’d be happy with .10p at the moment!"

The recommendation from Cavendish dated almost 1 year ago was 1.2p. The price at that date 14th March 2023 was 0.19p

That recommendation of Cavendish was based on a time horizon of 12 months.

RBD almost certainly paying Cavendish for the works undertaken.

Make your own minds up!

Thanks Uggy.

love the west newton flow chart full production final date 2025+.....should it really be re-designated 2025+??

noticeable is the absence of the q & a session following william's bull**** address.

Is the time to load up whilst the price is artificially being kept low to enable the II's and company friends to do just that.

Share price reflecting what a superb delivery of a presentation the jokers provided last night.

Agree, I think RBD will not want to go into NSTA's 'black book' so will will see movement....probable just enough to satisfy the NSTA yet be enough to give a long delay to events.

Would not be surprised to see the usual rise in the s p tomorrow morning after any podcast etc. Then a decline after the MM's have captured a number of unsuspecting newbies.

Take care....MM's out to hook inexperienced traders.

Me a swampy carrots lol. How many swampies would vote Reform?