Member Info for Uggy100

Sorry Spike you're saying £6 per bbl on a fully appraised onshore prospect close to infrastructure ? Nope, for the North Sea maybe.

Bob, in many respects RBD &UJO are completely different vehicles that in the case of WN they share common ground rbd's strategy is completely different so its no surprise that share prices are disjointed.

Well i hope weve all made our investment decisions off the back of our own research. I invested here as i like their business model not because of twitter et al. Fact of the matter is that WN looks as tho it will be substantial & unexpected from my point. Just adds to the potential & time will tell. GLAH

Well as Malcy said the market is only pricing in the gas atm. Ujo & rbd will have had access to the core samples but as Rathlin is the operator & a private co. theyll be playing their cards close to their chest. The kit theyre bring in however, to me, is a bit of a giveaway. Lets wait & see. Rumours mean nothing & results everything.

I think they will wait until WNB personally, they should need it to prove up the areal extent anyway before they can get an idea of the amount of resource they have. Plus it gives them a free shot at Cadeby & I think there may be a lot of oil there.

Sounds good to me. Rathlin now have EA approval for all the tech they need to make the resource flow well.

Sting, please adhere to your last sentence. I've had enough of the benefit of your advice.

Price is falling due to several reasons.
Bad day in general for markets, no meaningful news imminent & a complete misunderstanding by RM & Co on timelines in general.
Worries will still persist on timing issues & when (as we will have to) we raise funds. I have to say I'm really disappointed with the management in the way they have managed expectations over the last few years.

I have no doubt whatsoever that RBD will stay in for the WN-B well, it's Needed to prove up the extent of the Kirkham Abbey discovery & allows them to stick A hole in the Cadeby formation at the same time.

Yes Crates, at a push maybe late q4 of this year but unlikely. With the oil soaked core from the last drill I wonder what the cos might be ?

ismalia
Reabold would have to release an RNS before the AGM to allow any discussions on projects at the meeting. Failure to do so would be in breech of market regulations. So if no RNS on tuesday morning then there will be no discussions/information divulged.
Personally I think they should update the market but hey ho, what do I know !

GLAH

Wowee

If you want to make good money this is a buy & hold stock. Short term moves are irrelevant in the greater scheme of things. Day trade/short term trading if you wish is fine but stop posting rubbish.

Ummmm, well put Straightalker lol.

Sorry that should read Trump ISN'T helping markets in general !

miker

Crikey, their website is a minefield! What is the link as I can't find one.

JS490

Cadeby is a different matter. They were not expecting to encounter liquids at the WN-A2 site so why would they apply in advance ? When it comes to Cadeby/WN-B I can't see how any company would apply for a oil storage facility on a 24% cos.
When it comes to the cores & volumetrics whilst we would all like to see this information Rathlin as a private co. are not required, as I understand it, to release this information.

I've been invested in this fund for some time & it had proved to be excellent. As a Tech sector fund there is always a higher risk factor but the management seem to be very clued up with their finger on the pulse. Notwithstanding Trump is helping markets in general.

Wow, a couple of large delayed trades just gone in. Their loss I think.

boblondon

I sincerely hope we're not bought out after the EWT. If a major is involved they'll be wanting the entire license area & WNB will be drilling to prove up the areal extent of WN & target the Cadeby Reef prospect at the optimal reservoir thickness.I believe that Cadeby will be huge & I would hate to see us miss out on that.

miker

Is this only for residents of the area ?