Member Info for persimmon

Prowler remember this......

Prowler100

Posted in: UJO

Posts: 40

Price: 27.25

"RE: To those who protest on this board7 Mar 2023 13:08

The 49,000 'sell' at 10.03am is actually a buy .. I topped up 50,000 this morning. Increased production at Wressle and Biscathorpe (fingers crossed) - can't be far away now. Happy to keep adding below 27.5p and hold this one longer term .. good luck all."

And now this at 8.03 today......

"The 50,000 'sell' at 16.23pm was definitely a BUY .. a top up - mine :-)"

And you expect us to believe you...really?.....

Seriously, if anyone is can, will they make a note of the votes for and against for every resolution, as the company will probably not publish them. If like last year it will just be a "passed" without the numbers!

When the greatest guy to give breath to 'averaging down' with Reabold Resources ceases the activity.

Where have you disappeared to DEEMULE and why?

Heid, just piece of gentle advice.

Stick to what you know little about rather than venture into what you know nothing about.

The shareholders of UJO will not be thanking you for suggesting that David Bramhill should invest their money into the 'lost cause' that is West Newton.

The Code which RBD have signed up to states that best practice is to let all shareholders know the breakdown by numbers and percentages of each proposition voted on at an AGM.

I cannot see where this has been adhered to following last year's AGM. Only this statement released.

"Reabold, the AIM quoted investing company which focuses on investments in upstream oil and gas projects, is pleased to announce that, at the Annual General Meeting of the Company held earlier today, all resolutions proposed were duly passed".

Moniman.....I have never said that the company will go into administration. The road to that is a long and drawn out affair lasting many years. The trick is to build a strategy to keep the punters interested (if not happy) for many years prior to that event happening, hoping that the day will never arrive. West Newton may yet save Reabold but I personally now think the odds are against (if they were ever in favour).

Only the very brave or possibly foolhardy would pump cash into it at this juncture.

OMO and G L to all investors.

Please don't laugh too much!

Remember Rathlin is the operator responsible for drilling West Newton.

8. Q. " What is the estimated timeline for developing West Newton?"

A. "Reabold is targeting a start to drilling operations in 2023 with operations taking place throughout the year."

Rathlin Annual Account

"The company has a cash balance of £5.3M as of December 31st 2021. The company in the event that operation are delayed, these funds could be used to sustain general operations and would be sufficient to fund the company for a minimum of 12 months from the signing of these financial statements.

Director signed 28th April 2022.

Auditors Report

"may cast significant doubt on the company's ability to continue as a going concern for a period of 12 months from when the statements are authorised for use".

N.B. I personally only have small investment in Reabold; but would be very concerned otherwise.

We all need updating soon on the progress on

a) East Yorkshire & West Newton

b) Romania & Parta

c) California & Daybreak Oil & Gas

Forget LNEnergy...it's just a distractive side show.

From SEC in United States (U.S equivalent of U.K Companies House.

Extract regarding late filing........ Re Daybreak issue of Form 12b-25 on 30th May 2023.

SEC Form 12b-25 is usually considered a red flag, indicating a company could be experiencing difficulties. It might suggest the company is unable to manage basic tasks, or the possibility the late filing is due to the company experiencing major financial trouble.

That's why you, you shirt lifter have got no likes lol

I see a few days ago the company started a debenture with HSBC.

Some may see it as a negative. I see it as due to increasing demand for their products they are looking for a cheap way of raising money without shareholders being affected. The rise in headcount at director level over the last 2-3 years with specialists in different area's points to the far-seeing Tom Black.

Watts....in the interview Sachin has staring eyes and seems uneasy which are both traits of a liar.

From Monday's interview with BRR Media the main four takeaways were

1 Stephen looks like he has been busy acquiring a sun tan.

2 There was no mention of the Californian Daybreak 'asset'.

3 There was no mention of the Romanian Parta 'asset'.

4 There was precious little mention about West Newton, with Stephen seemingly uncomfortable discussing, and with any future progress laid well and truly at the door of Rathlin (of which Reabold is a majority shareholder).

They being the dynamic duo need another distraction, this time it's LNEnergy, in the hope that shareholders take their eyes off the ball with what is happening (or in this case not happening) at West Newton. An old trick in the art of deception.

Did the FCA draw up the Market Abuse regulations specifically with Reabold Resources in mind?

And what about the 'Italian' job. Putting over half a million quid of shareholders money into an outfit that has been in existence barely 18 months with no track record?

This was their aim (pun intended) from the outset. With plenty of material already in place with other small oil and gas development company's experiences, and with their contacts in the field what could go wrong?

It has been noticeable however that over the last few months many if not all long-term investors have stopped posting articles praising the dynamic duo's non achievements. The gloss has well and truly flaked off their once boasted 'transformation' assets.

Looking forward to news from Daybreak before the week is out.

10.000-1 consolidation on the horizon?

Yep, there's NO Commercial oil at West Newton period.

Itsawrap. I think they (RBD Directors) are between a rock and a hard place. Obviously, the optimum position is for a third-party partner to inject capital into Rathlin but like with Danube Petroleum and the Parta field in Romania has proved that is not a certain pathway.

I believe they will need to keep monies back to invest in other small venture to placate share-holders as West Newton is to become a very long term venture in my opinion.

The latest buy back will just about fill up the 'dynamic duos' high performance sports cars for the next week...........

providing they don't venture out of the M25 corridor!