Desireoil3009
15 May 2018
Re: Added Info Curious to know why you wouldn't include all assets in a calculation of MC? Seems to me that shares aren't issued on an asset by asset basis so why would anyone want to try to estimate the Market Capital on anything less than the whole of the asset value?It's academic anyway. This is AIM. What the shares trade for and what the true worth of any AIM listed company is, rarely marry up.Are you bearish here Divmad by any chance, and if so would you care to elaborate as to why and is it long term or short term?
Divmad
15 May 2018
Re: Added Info A respected poster elsewhere, on AIM O&G cos, Zengas, uses a range of valuations for each mm of reserves (P2 + 2C) of $4mn to $15mn depending on the mix and whether or not it's done in a takeover. Taking this range would suggest RBD's Corallian interest at between $32mn and $120mn, or £22mn and £85mn. So , either RBD is already fairly valued, at a MC of £20mn, or up to a 4 times max upside, depending how bullish you feel. Not including RBD's other assets of course.
DanDaDan
15 May 2018
Added Info RBD have net interests of 17.1% in Colter and 13.16% in Wick, via its 32.9% in Corallian with both wells being fully funded. That is a potential of £49.35m and £24.35m NET. Check it out yourself.Now just look at this lowly RBD Mcap of just around £19m and money in the Bank just waiting for the next investment.Multi bag just about to happen, IMO.That is why the City Inst' Investors will want more.PIs wake UP.Now is that just POSITIVE thinking?..GLA
DanDaDan
15 May 2018
Re: Grab the Rift Just read the latest RNS if you think I am a resident Bull. I just think ' Positive thoughts' and do my research carefully.(As always ignore me and DYOR).POSITIVE thoughts transfer and are infectious.Now these words are just from the Co CEO.So watch this space and get in early while you can, IMO'Deliver OUTSIZED RETURNS when capital is applied to the right projects over the coming months'Next news soon and that will GRAB you....GLA.
Divmad
14 May 2018
Re: Grab the Rift Not a good sign if the tweeters get tweeting, and there is no news.Just playing devil's advocate with the resident bull.
DanDaDan
11 May 2018
Grab the Rift Well the seismic' s must be good and those contracts should now be signed.That extra placement money is in the Bank ( not working hard enough?).It must be time to hear about those Grabben Rifts or is there another better deal first?North Sea winds can be cold, wrap UP.Come on S & S you cannot afford to let social media get the news out first.That will show you UP. Where is the dynamic duo going. Been seen visiting some Inst' Investor friends in high places lately?The tweeters are getting louder and more active. Now that is a good sign.Those 'ones on high' have great expectations..Do not disappoint. just keep to the strategy.GLA.
DanDaDan
10 May 2018
Re: Waiting Room - Keep a Lid on it. Watch the trades. They cannot hold this much longer.Is the Grabben news about to leak out?Those Inst' Investors will know first, you can bet.Just follow the money.....GLA.
KALAN
09 May 2018
Re: Waiting Room - Keep a Lid on it. holding half my SAVP and waiting for the price to drop to buy the others back - apart from that all I own is RBD and JLP - the time is nigh.
DanDaDan
09 May 2018
Re: Waiting Room - Keep a Lid on it. I agree. Break out time here soon and also over at JLP.The MMs are giving away money..GLA.
KALAN
09 May 2018
Re: Waiting Room - Keep a Lid on it. 3rd time its been to .75p dan - if it falls back I am adding more - this looks like it could be explosive when it breaks out of the range.
DanDaDan
09 May 2018
Re: Waiting Room - Keep a Lid on it. Spot the sell trades as this gently nudges UP.Someone has been told to keep a lid on it, IMO.Not long to wait now..Come on S & S show the City Slicker 'Know Alls' what you can do.Your time is about to happen. Just follow your strategy and make some money...Now watch the Oil price escalate.GLA.
DanDaDan
08 May 2018
Waiting Room Time Nearly UP. Next investment news imminent.Get ready for the mark UP...GLA.
DanDaDan
04 May 2018
Re: Opportunity to Deliver. Multi bag? Positive 'mindfulness'.S & S should also take a course.It does you wondersJust topped up with a few more myself.GLA.
KALAN
04 May 2018
Re: Opportunity to Deliver. Multi bag? My charts are saying that anything near .6p is way oversold and dirt cheap Dan - the volume is telling me that any positive news here will send the sp up sharply - we are awaiting a catalyst. Will you stop being so positive - I may over commit myself here on your enthusiasm.
DanDaDan
04 May 2018
Re: Opportunity to Deliver. Multi bag? Remember the lads (S & S) cannot afford to get this wrong.It is their future at stake.Due diligence and just follow their strategy...The City has a long memory and any failure will be outed....GLA.
