Re: News Due After 11 am. Investors will continue to make purchases here but what will really set the sp moving up will be positive news on new investments and/or the progress being made within the existing portfolio. I am of the view that any news will be substantial and be presented in such a way it will transform the share price. I do not believe the CEOs will be putting out trivia but will wait for news that will attract the investing public and put RBD into the investment media. The result of one positive drill result will be transforming .
News Due After 11 am. Get ready and do not get left behind, IMO.As always DYOR.GLA.
Re: Money in the Bank Now Drilling Starts Soon 4 wells about to be drilled.Things will move faster than you think, IMO.More good things on the horizon.Get in early and do not miss this boat.Check out BRRmedia.GLA.
Money in the Bank Does not earn much so it must be time for RBD to put it to work.Not long to wait for the next move and then a big one all lined UP??Indirect tweet, tweet...GLA.
Useful Info from Croasdalefc. Worth sharing..*****Here are my calculations as to who owns (or will own) bits of the Colter and Wick licenses. Colter: Originally Corallian 60% , Corfe 40% Corallian farmed out 20% to UOG and 5% to BOIL BUT will up stake to 50% by buying 15% off Corfe leaving: Corallian 50% Corfe 25% UOG 20% BOIL 5% Wick: Corallian 40% UPL 40% BOIL 15% Corfe 5%*****Useful. Now just follow the RBD percentage.$$$$$$$$s. .GLA
Outlook - early news Economic analysis indicates an NPV10 for the project of £23.5 million and an IRR of 155% at $50/bbl .That is why the IIs like what they have been told.GLA.
Re: Next Leak - Oilman Jim Take a look on LSE
Re: Next Leak - Oilman Jim Comment from elsewhere from Croaslec... That looks interesting.*******''Reabold is raising at least £12M to build a unique portfolio of high quality European assets Multiple opportunities to deploy capital Innovative model Proven execution Provides material exposure to 8+ high impact wells in 12-18 months'' EDIT from me: investments to include UK onshore in a producing field to bring it up to 1000 bopd; another Romanian license next to Parta ; and a German appraisal well. Cash in the pot: £2.5m in Feb 2018 plus placing £7.9m =£10.4m minus expenses minus £1m for additional Corallian investment ......so circa £9m******All we now need is to spot a 'mad March hare', just for luck.Tick it UP.(It sounds like the FCA are about to get tough with a few retail 'pump and dump' City brokers in the next few weeks).RBD are sticking to their IIs, with hopefully less sp volatility, others may be less fortunate.It must been getting close to 'walk the presentation talk' time.GLA.
Next Leak - Oilman Jim 'Onwards and upwards now for RBD'.Jim is just waiting for the deal to be announced.Lets see what weekend news leaks out.GLA.
Placing It looks like some Inst Investors (now with inside knowledge) like what is about to happen at RBD. O & W must have some 5 star deals about to break.It also looks like the IIs may 'hold them and hopefully not fold them' when they hit the market. 0.6p placing bodes well for the crystal ball gazers.The Mcap will now start to look healthier and may then entice some of the 'bigger II fish' to invest.Still prefer to see some 'walk the talk' results from O & W.No more leaks and prove you are worthy...GLA
Re: Betaville - Ben? Who just wrote elsewhere 'Having proven its business model, the Company can consider the idea of a placing'? Where is the proof? I see no real proof of an income stream or increased asset value just yet. IMO 'walk the talk' and keep to the strategy as an investment company. If it is a '5 star' opportunity that has just been made available then give all of your existing shareholders the option of choosing to invest. Do not become just another AIM 'casino' company for friends and family etc. Now patch the info hole in your ship and keep on the journey to deliver your cargo. GLA.
NEW ARTICLE: The Oil Man: The Bucket List 2018 "The 2017 bucket list was an entirely different game to that of 2016, last year the oil price was at its high on bucket list day, $57 for Brent and fell through the spring reaching its low of $44.82 in June before rallying to reach $70.53 at the ..."[link]
Re: Betaville - Ben? Looks like the chart may be right as 0.5p looms in the short term. AIM directors can't help themselves - more placings followed by more placings - it keeps their salaries and expenses covered.
Re: Betaville - Ben? Is it a leaky ship or tactics?Even the Brokerman was touting a placing.Cash in the Bank so any big. deal needs to be 5 star, IMO.Do not overlook crowd funding or the use of CLNs.GLA.
Re: Betaville - Ben? Looks like you missed the RNS DanDa in your 8:27 post.