Reabold Resources Plc issues a project update

  • Dec 18, 2019 GMT
  • Team Kalkine
  • The company has 39% indirect interest in the West Newton license by virtue of its ownership of 59% in Rathlin Energy (UK) Limited
  • Extended Well Test operations, which had been suspended in August 2019, are proposed to be re-started after regulatory approvals
  • Estimated cost of work is well within the original budget and the company is planning to obtain permission for two additional wells
  • On 18th December 2019, the stock of RBD was trading at GBX 0.74 at GMT 09:39 AM, down 0.02 points or 2.61% from its previous close.

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