Member Info for Rubey

By the way, what's all that black stuff they brought up in the core samples of the Kirkham Abbey Formation from the drill at WNA-2? Runny liquorice?

Wow 'Exploration'. You must be a serious expert. If only Rathlin had asked your very knowledgable opinion they wouldn't bother drilling into the Cadeby Formation at all. That would mean they would only need to drill WNB-1, and they could ditch WNB-2, saving millions of pounds. Please, give them a ring, it may not be too late! Our hero.

BH, they reduced by a round 10 million. Perhaps the 3m sells are theirs, or maybe they'll disclose after hours. But the upward pressure seems irresistible now.

Nice holding Miker!

https://drillordrop.com/2016/05/04/rathlin-energy-secures-bankruptcy-order-against-anti-fracking-campaigner/

Do you know persimmon. I think that's possibly the first time you've told the truth on this bulletin board. Am I right in thinking Ian R Crane went bankrupt because of Rathlin? It would account for your constant attacks on this company.

Ah...he's one of the keep it in the ground brigade! That explains it. You're not Ian R Crane, are you? Here! He was taken to court by Rathlin..................????

Good post as per usual BH.

So you reckon you have superior knowledge to the rest of us persimmon. Well you don't. Rather than look intelligent you come across as a sad pathetic individual. Why don't you do us all a favour, and post your valuable contributions on another bulletin board, IF you feel the need to have to upset people of course.

Persimmon, has someone from RBD run off with your wife? You act like a very bitter person.

Each to their own Isthisawinner. I'd rather have projects drilling and testing than directors sitting on their fat arses drawing a nice salary waiting for Shell to decide which projects they are going to pause and which they are going to cancel, but as I said, each to their own.
By the way, all Reabold's drilling and testing for West Newton (oil & gas) and Parta (gas) is fully paid for, AND they have £5m in the bank, so they don't need cash UNLESS they are going to take advantage of the many current O&G opportunities that are now presenting themselves.
Good luck.

They can only update the website according to TR-1's received. I keep a record of major shareholder's holdings (saddo that I am), and this has highlighted the fact major shareholder's don't follow the rules that they should.

ttaa. There's a company called Argus Vickers who provide monthly shareholder lists for companies (the name of the shareholder and the exact number of shares held by them in every share account on a particular date), including major shareholders as well as us little PI's holding shares in nominee accounts. I expect Reabold use this service, so I doubt they would need another way of finding out what the II's are holding, to be honest. I suspect you are on the right lines though that there's more to this than meets the eye, but their thinking is beyond me.

Yes BH. I feel the pressure building, and think it's time to wave farewell and wish good luck to Deltic, and say hello to West Newton.

Good points O2B@C
I would rather see RBD's offer price drop than rise.

'Exploration'. The Shell UK boss didn't seem as fussy as you appear when it comes to differentiating between oil and gas operations, when she spoke a few days ago.

“We’re absolutely looking at the projects in our business plan. Some we will just seek to reshape and make more competitive in a lower oil price world, a lower gas price world.
“Some we will defer until we have a clearer view of the outlook for oil prices, and some we will cancel, and there have been a few announcements on projects like our Lake Charles LNG plant.”

Persimmon, you seem to have found your buddy to **** you off.

First impressions count, they say. You should get on well with persimmon if your first post is anything to go by.

The letter looked to me like they were saying 'come back with a better offer'. But obviously if the DELT farmouts to Shell have been shelved (in view of Shell UK's recent press announcement), DELT has no more value than the cash they hold. Surely IPGL is crucial in determining which way this goes, and they must have previously said something to encourage RBD's offer?
I don't think we've seen the last of this, unless they've achieved what they set out to? As ttaa states, maybe we'll find out one day what it was all about.

highlander1970 & Uggy100, with regard to this being a 'value accretive deal', can you please explain why it would be a totally false or outrageous statement that they would try to pass off as truth (according to urban dictionary), or is it you that you both are talking total bullkaka?
As at 31 December 2019 Sachin Oza and Stephen Williams each held 150,000,000 options and Anthony Samaha held 15,000,000 options. The options have a weighted average exercise price of 0.8 pence and a weighted average life of 2.0 years. Why, exactly, would they NOT want to create value for shareholders?
There's some right idiots about..

Goodness Masterbaker, no umbrage at all. I hadn't checked the bb otherwise I would have attempted a reply.
JackDiamond's explanations are far more coherent than my own anyway, so it's better all round that he responded to you.