We update our model following Reabold’s successful fundraise and success at W.Brentwood. Given five wells in the next six months, initial success in California and significant firepower to do more deals, we strongly reiterate our BUY recommendation.
12 Sep 2018
Successful raise and Cali well
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Successful raise and Cali well
Reabold Resources plc (RBD:LON) | 0.1 0 0.0% | Mkt Cap: 6.37m
- Published:
12 Sep 2018 -
Author:
Jessica Saadat -
Pages:
4
We update our model following Reabold’s successful fundraise and success at W.Brentwood. Given five wells in the next six months, initial success in California and significant firepower to do more deals, we strongly reiterate our BUY recommendation.