I do, and it has been - so far.
Reabold have been stagnant longer that I thought they should but they have apparently a major hydrocarbon find somewhere up your end of the country (West Newton - tinyurl.com/y9ptqow3 ) which, so it's said, would be larger than Wytch Farm was back in the ?70s.
The next steps are a competent persons report and an extended well test, and although it feels like slow progress, if they come up trumps then the perceived value is many times it's current share price. Some of that is reasonably imminent.
This is not investment advice!!
EDIT: Looking back, I mentioned Reabold on 29 Sept. In the same thread I mentioned NCYT as being at £5.20. Less than a month later they hit a bit over £12 but are now down again to £7.70ish.
Last edited by: VxFan on Wed 17 Feb 21 at 10:42
|