Member Info for Simon64

Monet2 is a long term holder.

You will find that some of the seller's have been here for eight years and bought in at ,92 and .86 , they then averaged down at last weeks the lows and are now well in profit and are top slicing.

I will at some stage just not yet while there is a buyer active.

A.T.B

There is still a large buy order being worked.

I saw that too LF either another large buyer or him.

We can be sure now there will be no placing around these levels.

It has been going on for a few sessions now and lot's of trades for 1,333, it is a big buy order being filled.

What I don't understand Itsy was your constant low level de ramping of RBD and it has upped several notches recently, yet you are reliant on RBD to dig UJO and BCE out of a hole and save your bacon.

You should not take your frustration out on BB'S for your terrible financial decisions.

You could get back in now as it will multi-bag.

Do you believe anything Bramhill says ?

I know the answer to that.

Itsy you are assuming the cash spend going by UJO figures.

I am sorry that you have been worked over by Beacon and Bramhill, but these will multi-bag from here, I said pretty much the same all along, don't feel bitter .so you missed out on the initial bounce back .

They did not spend £40 million on three wells.

It is not a punt now, people don't throw hundreds of thousands into a punt.

There is plenty going on in the background as you are well aware, as you are no longer a holder why the interest ?

I don't even begin to understand Mr Bramhill's decisions and that is why I am 100% out now.

If the Cali court case goes in our favour some of the damages money could flow over here as the case started before the merger with DBRM and that will be due anytime between March to September.

The rump of it though will be used to drill the already identified prospects and get the waste water well in use and restart production on the completed wells.

California are begging the producers to drill additional wells in Contra county where our fields are by happy coincidence.

Thanks itsy for explaining your rationale.

FWIW If they do a placing I would think it would be at a much higher price than today and they also have a few shares in treasury that they bought back during the Kamran chaos.

A.T.B

I don't think you are Persi.

I didn't mean to have a pop, i was just stating a fact.

A.T.B

He didn't have a clue what he was talking about from day one, claimed RBD had bought Carillion construction only to see it go in to liquidation, when in fact we had bought Corallion energy.

Total nutter.

RBD has only been about for eight.

As an old dude, I am just getting my head around this , but what i did pick up was they need large amounts of energy.

For anyone like me .

https://en.wikipedia.org/wiki/Data_center

Itsy they have the cash for both as you know.

I am sorry you missed out on the bounce back up, it is not too late to get back in dude, if you think this too risky which i believe you do and are not comfortable holding them.

I don't know if you have looked at Arrow AXL I have bought in there recently they are far less risky.

A.T.B

Did you manage to get back in Itsy ?

Https://www.sunflower-alliance.org/dogged-persistence-update-on-sunflower-alliances-lawsuit-against-calgem/

They haven't got a chance, California's state governor and Trump are now begging oil companies to drill in California.

Sunflower Alliance will owe millions in court costs and lost production and some of this will be based on higher oil prices than today and also the fact RBD could not use a waste water well which have reduced their production costs from $36 per barrel to $13 or $14 for three years before they shut down production, also the fact they did not carry on their drilling campaign on confirmed oil deposits.

It is so refreshing to read this BB now with all the positivity and information being shared.

We have had years of trolling on this BB from the failed takeover's and some of the other's no names mentioned ridiculing holder's .

G.L.A

I have not included the gas & oil values of W,N and our "North sea basket" but that seems like a side show at the moment.

P.S.M.L