Member Info for Persimmone

The constant calls for FCA investigations often stem from frustration rather than evidence. Reabold operates within a regulated framework, and if there were any genuine concerns about mismanagement or dishonesty, the FCA would be obligated to act. The company has maintained transparency through its regular updates, detailed RNS releases, and adherence to corporate governance standards.

Accusing management of incompetence without tangible proof ignores the complex challenges of operating in the energy sector, especially in today’s volatile political and economic environment. Reabold has shown resilience by securing fiscal clarity, increasing its stakes in promising assets like Rathlin, and continuing its strategic investments. These actions reflect a focus on long-term value creation rather than short-term appeasement.

Instead of spreading baseless negativity, those who truly understand the energy market and Reabold's trajectory can see that the company is positioning itself strategically to benefit from future opportunities in UK gas development

Interesting how some people are so focused on painting Reabold as a failure without considering the broader context. The search for a partner may not have yielded immediate results, but that's not an uncommon challenge in the energy sector, especially with current political and market conditions. What’s often overlooked is that Reabold is actively progressing in a way many others aren’t. Despite a tough environment, they’ve increased their stake in valuable assets like West Newton and secured significant fiscal backing. The upcoming environmental permit decision and the continued exploration in PEDL 183 show that the company is far from a 'bargepole' entity.

Reabold’s approach to increasing its interest in assets like Rathlin, particularly at attractive terms, proves they are working smart and positioning themselves for long-term growth, not just quick wins. As for the 'self-serving directors' comment, I think it’s worth noting that many people who claim to have insider knowledge or a better understanding of the business usually have an agenda of their own who focus on delays and perceived obstacles, the company is still moving forward and creating real value. The truth is, anyone who’s invested in Reabold long-term and understands the potential here knows that this isn’t a 'debacle,' it’s a work in progress with real potential in a growing energy market

It’s clear you’re frustrated, but it’s worth pointing out that Reabold has made significant strides despite the challenges you've mentioned. The company has assets like West Newton, a project with real potential, particularly in the context of the UK's energy transition. The work program is advancing, and there is a solid long-term strategy that includes exploration in the PEDL 183 licence area, which could add significant value beyond West Newton.

Reabold has a clear focus on de-risking its projects and progressing regulatory approvals, as seen with its recent acquisition of Connaught Oil & Gas's stake in Rathlin Energy, which will help unlock further potential in the area. While there have been setbacks and challenges, the fact that the company is pushing forward with meaningful investments shows its commitment to growth. It’s easy to dwell on the past, but sometimes a fresh perspective and a long-term view are what investors need.

Reabold is well-positioned in a market that increasingly sees the value of indigenous gas as part of the energy transition, with growing support for the UK’s energy security. While you may have your reservations, there are plenty of reasons to be optimistic about the future of the company

Reabold's recent progress and updates speak for themselves. The company continues to advance its assets, demonstrating strategic planning and operational effectiveness. Instead of resorting to baseless claims or insults, I encourage you to focus on facts and constructive debate.

Rbd has consistently provided updates on its projects and financials, allowing investors to make informed decisions.

The company's diversified portfolio reduces risk and offers exposure to significant potential upside.

Despite your claims, Reabold’s strategy aligns with its long-term goals, supported by recent operational developments.

Accusations without evidence only distract from the real issues at hand. Genuine investors and stakeholders are encouraged to review the publicly available information and make decisions based on verifiable data.

As for your remarks about my position, my opinions are my own, based on thorough analysis of the company’s potential. Rather than questioning motivations, let’s focus on fostering productive discussions to benefit all investors.

It’s amusing how someone who claims to have 'doubled their money' and walked away with a profit still finds the time to haunt this forum obsessively. If you're so ahead and this company is doomed in your eyes, why hang around? Maybe because deep down, you're not as confident in your own assertions as you'd like others to believe.

Calling others 'dimwits' and 'pork' only exposes your desperation to discredit the company and its investors rather than presenting any meaningful analysis. Your so-called ‘mission’ looks more like a personal vendetta and the relentless posting suggests you're more invested in attention-seeking than educating. Reabold has real potential with tangible assets, ongoing regulatory progress, and a strong case for future growth in a changing energy landscape. Maybe it’s time to focus on your own portfolio rather than clinging to one stock you supposedly have no faith in

Fascinating how someone who claims to have 'made a slight profit' and knows everything about the supposed 'crooks' running Reabold still holds shares and spends their time obsessively warning others. If you truly believed the company was a lost cause, why remain invested? It sounds more like a personal grudge than an informed mission. Your 'warning' feels less about helping others and more about justifying your fixation on a single stock. Maybe focus your energy on stocks you believe in rather than one you call a mistake; unless, deep down, you think there's still value here that you're hoping to benefit from.

0.60p his buy levels

No wonder this persimmon spitting feathers since 2018

Lmfao 😂

Dear of dear

Credibility shot

"persimmon

Posted in: RBD

Posts: 7,955

Price: 0.65

No Opinion

SP12 Mar 2018 12:06

Hopefully now move up to .7 before day is out."

It is easy to call people fools when a stock has struggled but markets do not move on the past they focus on what is coming. Reabold has multiple catalysts ahead with decisions on Colle Santo and West Newton and the Daybreak case. These events are all significant and could totally transform the company’s outlook.

Anyone dismissing this now just because the share price has fallen is missing the point. West Newton remains a domestic energy asset that fits perfectly with the UK’s need for secure supplies. Reabold also has no debt and a solid cash position to fund its plans which many aimlessly overlook.

Those calling for buys are looking at the risk and reward potential. It is not about being naive it is about spotting opportunity in times when sentiment is weak and others do not see the bigger picture.

The idea that new projects like West Newton won’t be allowed is overly pessimistic and ignores the regulatory process and the role of natural gas in the energy transition. While there is a strong push for net zero, the government knows that renewable energy cannot meet demand alone yet. Domestic gas projects reduce reliance on imports, lower emissions compared to foreign-sourced gas, and provide energy security, which are priorities during the transition.

Throwing good money after bad does not apply when regulatory approvals are progressing, and West Newton has significant local and strategic value. Reabold’s focus on regulatory steps shows their commitment to delivering value, and the project remains a strong contender to supply domestic gas in a responsible way. Dismissing it outright ignores the balanced approach needed to meet energy demands and net zero goals. Far from parting fools from their money, this is about strategic investment with patience.

The government’s push to reduce dependence on fossil fuels is part of the broader energy transition, but this doesn’t mean an immediate or blanket dismissal of fossil fuel projects. The phrase "weaning off" highlights a gradual shift, not an abrupt halt. Natural gas, as the cleanest fossil fuel, plays a vital role in this transition period. It supports grid stability when renewable sources like wind and solar face intermittency challenges, ensuring energy security during the move toward net-zero goals.

Projects like West Newton, which focus on domestic natural gas production, are essential for reducing reliance on imported fuels with a much higher carbon footprint. The government’s strategy to decarbonize the grid doesn’t eliminate the role of transitional energy sources, especially when aligned with environmental regulations and domestic priorities. West Newton could provide responsibly managed, low-carbon gas supply to support this energy transition.

The announcement about Ed Miliband and the government’s push for clean energy projects like onshore wind farms actually highlights a key positive for Reabold and West Newton. It shows the government is willing to bypass opposition for energy projects that align with national priorities. While the focus is on renewables, it underscores a broader commitment to ensuring the UK has a reliable, diversified energy strategy.

West Newton fits into this picture as a critical transitional project. Natural gas remains essential for grid stability during the shift to 95% clean energy, and West Newton’s potential for low-carbon gas aligns perfectly with these objectives. Projects like West Newton are part of the solution in reducing dependence on imported fossil fuels while supporting domestic energy security.

Reabold’s proactive work on permits and their recent increased stake in the project show confidence in its importance for the UK's energy mix. With no debt, significant cash in hand, and regulatory progress underway, this is the kind of project that complements the government’s drive for a secure and sustainable energy future. Instead of being a negative, this policy shift could help clear the path for West Newton to be a key part of the UK’s energy transition.

The claim about Ed Miliband stopping West Newton's development is pure speculation and doesn’t reflect how the planning or permitting process works. As Secretary of State for Energy, he doesn’t have the direct power to single-handedly block an individual project like this. Decisions are made based on planning laws, regulatory requirements, and environmental considerations, not personal opinions or where someone is an MP.

The fact that the West Newton environmental permit is moving forward shows it’s being judged on its merits. The consultation process is progressing as expected, and the Environment Agency is doing its job by carefully reviewing public feedback. If there were no future for West Newton, this level of regulatory engagement wouldn’t even be happening.

The suggestion that no company partnered with Rathlin is also misleading. Reabold has increased its stake in West Newton to 69.9 percent because it sees significant value in the project. That kind of investment speaks volumes about the potential here. Sometimes companies don’t bring in new partners because they want to retain control of the upside, and that’s exactly what’s happening. It’s not about lack of interest but about Reabold positioning itself for maximum benefit when West Newton gets the green light.

The negative comments just ignore the progress made and the substantial resources still in play. It’s clear there’s strong belief in West Newton’s potential from those who understand the long-term opportunity.

The consultation process for the West Newton environmental permit officially started in November 2024 and was originally scheduled to end on 3 January 2025. This aligns with the Environment Agency’s standard timeline for assessing permit applications. The recent three-week extension to 24 January is not unusual in high public interest cases, but it does not reset the entire process or significantly delay the decision-making timeline. Extensions like this are a sign that the Environment Agency is being thorough in its review, ensuring all stakeholder feedback is considered, which ultimately strengthens the legitimacy of the final decision.

It is reasonable to expect the 16-week timeframe to still be applicable starting from November when the application process began, making an April 2025 decision realistic. While high public interest cases may take longer, this is not guaranteed, and the Environment Agency often works to avoid unnecessary delays. Reabold is well-positioned with significant progress already made on this application, and the regulatory engagement demonstrates that this is moving forward steadily.

The extended consultation reflects the importance and scale of the project, highlighting its potential impact and value. Reabold’s increased ownership in West Newton ensures it is in a prime position to benefit once approvals are granted, regardless of whether the decision comes in April or slightly later. The potential upside from this key asset remains substantial, making the long-term outlook very positive for investors. The robust project economics and supportive market conditions for oil and gas further enhance the case for staying bullish on Reabold at these levels.

Reabold has a solid financial position with £5 million in cash and no debt which is a strong advantage for the company. This gives them the financial flexibility to weather any challenges or delays without the pressure of servicing debt. This is a key factor in reducing overall risk for investors.

The company is also making significant progress on its projects which could drive substantial value. The Colle Santo and West Newton projects are both moving forward and key regulatory decisions are expected in the near future. The West Newton environmental permit decision is due by April 2025 which could unlock substantial upside if it goes through. The Colle Santo permit decision may come sooner and both projects are critical to Reabold’s growth.

Reabold has also been increasing its stake in important projects such as West Newton which now accounts for 69.9% of the project. This move was praised by industry analysts like Malcy who saw it as a good deal at a bargain price. With this increased ownership Reabold will have a stronger influence in the future and will be well-positioned to benefit from future developments.

The Daybreak legal case could also be a game-changer for the company. The case could provide clarity on Reabold’s US-based assets and potentially unlock further value. This is a key near-term catalyst that investors are closely watching as it could have significant implications.

Additionally Reabold has secured a €30 million take-off agreement with Gunvor which provides another layer of financial security if the West Newton project advances. This could lead to important cash flow and further enhance Reabold’s position in the market.

While there have been concerns over Reabold’s past performance and management the current situation looks promising. With strong cash reserves promising regulatory updates and ongoing project development the risk-reward ratio looks favorable for investors. If the company can successfully navigate these upcoming milestones the potential for value creation is significant.

While it’s fair to say California and Parta haven’t yet yielded the returns investors hoped for, calling them a 'dead loss' seems shortsighted. Parta has identified low-risk opportunities and farm-out discussions are ongoing. Projects like these can take years to mature, and energy exploration isn’t always about immediate wins.

Reabold’s strategy revolves around taking strategic positions, derisking projects eventually monetising them. West Newton’s potential remains significant, particularly given the UK's push for domestic energy security. The recent consolidation of Rathlin’s stake positions Reabold more attractively for funding and development. Patience is key in this sector, as demonstrated by successful resource plays globally

The recent acquisition of 20.4% in Rathlin brings Reabold's ownership to 79.8%. This solidifies their ability to influence strategic decisions, potentially addressing past financing challenges attributed to Connaught Oil & Gas Ltd.'s involvement as a Canadian majority shareholder. With a majority UK-based ownership and enhanced control, Reabold is better positioned to secure funding for projects like West Newton, with plans for recompletion work in 2025 already detailed. This could be seen as paving the way for more streamlined financing, leveraging Reabold's management credibility and UK-based strategic focus.

While the company used £700k for the Rathlin stake, it retains a solid cash balance of £5 million+ IMO and has explicitly stated that its funding commitments are manageable, with only £200k net required for the planned recompletion.

I think progress on the Colle Santo project could provide another catalyst for the company, with a decision expected before the end of 2024. This diversification strengthens their portfolio and further de-risks reliance on a single project.

Reabold's recent acquisition of Connaught Oil & Gas Limited's 20.4% stake in Rathlin, increasing their shareholding to 79.8%, demonstrates their confidence in the West Newton asset. If the asset were "dead," it would be illogical to consolidate ownership further. The commitment to a detailed work program, including well recompletions and potential horizontal wells, reflects a long-term strategy rather than abandonment. The anticipated well stimulation in 2025 aims to prove sustainable production. Historical drilling data from West Newton indicates a significant gas resource, with potential for development as a key contributor to UK energy security.

Financing for junior exploration companies has been challenging industry-wide due to fluctuating commodity prices and cautious investor sentiment. Rathlin's difficulties do not uniquely reflect asset quality but rather broader market trends.

With Connaught's exit, Rathlin is now majority-controlled by UK-based Reabold, which could facilitate access to UK-focused financial markets and partnerships. Despite the £700k payment for the Connaught stake, Reabold retains a healthy cash balance (~£5.5 million post-transaction my estimates) to support its obligations and pursue financing.

The UK and Europe are prioritising domestic energy projects due to energy security concerns. West Newton, being a strategic gas project, aligns with this agenda, making it an attractive proposition for future investment. Reabold’s proactive stake increase positions it well to secure partnerships or farm-in agreements as markets stabilize and energy demand drives project funding.

Some rely on dismissive rhetoric rather than substantive analysis. They do not address Reabold's recent operational updates or industry shifts that enhance the likelihood of project success. Dismissing assets prematurely, like California or West Newton, ignores Reabold’s proven ability to realize value strategically.

Let’s be real—fossil fuels aren’t going to be phased out in just six years. Even with ambitious targets, the UK will still need natural gas as a transition fuel to maintain energy security, especially with ongoing global instability. West Newton fits into this as a domestic, low-carbon footprint gas project compared to imported LNG.

Multiple projects are still active, and the UK government has openly stated its support for domestic energy production as part of the transition. Companies like Harbour Energy and Serica Energy are actively investing. West Newton’s focus on gas, not oil, aligns with current needs.

Financing West Newton easier, as Reabold can take the lead without reliance on a fragmented shareholder base. Consolidating their position shows confidence in the asset, and the £700k deal is a strategic investment for future returns.

Rathlin’s parent company, Connaught, was liquidating, which explains the sale. This wasn’t about favoritism, it’s about securing the project’s future. By increasing their stake, Reabold is better positioned to oversee developments and unlock potential value for shareholders.

Markets fluctuate, and Reabold is a high-risk, high-reward investment. The recent stake increase and progress on Colle Santo provide catalysts for a turnaround. If the West Newton rework succeeds, it could dramatically shift sentiment.

BUY

Looks like an opportunistic stake increase due to liquidator

Https://www.brrmedia.co.uk/broadcasts/6751bc5f139c6b2fd9c44f62/reabold-resources-further-investment-in-rathlin-energy/

Quick on the Triggers to Drown Out My Truths

Now nearly taken 1% of entire share capital of RBD

Sorry lads youll have to do better than your lousy 100m float wash traded stocks