Market's view on Reabold Resources
Published on April 2024
- Concerns are raised about the management style and competence at RBD, describing the leaders as misleading and untrustworthy.
- Delays in the pre-production permit for the Colle Santo project have been highlighted, calling the situation a shambles.
- It’s noted that there is a general lack of communication and disregard for shareholders.
- Stock price fluctuations are mentioned without any corresponding updates from the company.
- There is a strong sentiment that the company is not proactive in updating shareholders, possibly hiding negative developments.
- Speculation exists that significant assets, such as the North Sea licenses, might be dropped.
- Criticism is directed toward the management’s financial acumen, suggesting a poor return on investments.
- The potential sale of the Daybreak asset is discussed in the context of geopolitical tensions.
- The sale of the Victory asset is criticized for potentially being undervalued.
- There is a mix of criticism and hope regarding the future potential of the company’s assets and management decisions.