Whilst California drilling has seen a small delay of c2 weeks, Wick is due to spud imminently, and Reabold has managed to secure significant optionality around Danube funding. We remain with our BUY recommendation and increase our RENAV from 3.5p to 3.8p.
11 Dec 2018
Corporate update
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Corporate update
Reabold Resources plc (RBD:LON) | 0.1 0 0.0% | Mkt Cap: 6.37m
- Published:
11 Dec 2018 -
Author:
Jessica Saadat -
Pages:
4
Whilst California drilling has seen a small delay of c2 weeks, Wick is due to spud imminently, and Reabold has managed to secure significant optionality around Danube funding. We remain with our BUY recommendation and increase our RENAV from 3.5p to 3.8p.