Reabold Resources Californian Operational Update, GST discuss their LoI and Malcy on 10 O&G Stocks
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On today's Vox Markets Podcast: Reabold Resources Californian Operational Update, GST discuss their LoI and Malcy on 10 O&G Stocks
Sachin Oza Co-Chief Executive Officer of Reabold Resources (RBD) provides an update on their operations including California on which they released news today.
Reabold Resources plc is an investing company investing in the exploration and production ("E&P") sector. The Company's investing policy is to acquire direct and indirect interests in exploration and producing projects and assets in the natural resources sector, and consideration is currently given to investment opportunities anywhere in the world. As an investor in upstream oil & gas projects, Reabold aims to create value from each project by investing in undervalued, low-risk, near-term upstream oil & gas projects and by identifying a clear exit plan prior to investment. Reabold's long term strategy is to re-invest capital made through its investments into larger projects in order to grow the Company. Reabold aims to gain exposure to assets with limited downside and high potential upside, capitalising on the value created between the entry stage and exit point of its projects. The Company invests in projects that have limited correlation to the oil price.
Pierre Fourie, Managing Director of GST (GST) discusses the letter of intent they've signed with Siam Motor Company to enter into a joint venture to build, own and operate a data centre.
Through investing in high-growth technology businesses, GST provide optimal wireless, electronic cabling, security, and other solutions to clients operating in the infrastructure development space. GST builds on the profitable ICT business of its Singaporean subsidiary EMS Wiring Systems, which has been supplying governments and large private organisations with intelligent building solutions for the last 28 years. GST's strategy is to develop solutions to meet the needs of the ICT industry, acting on the surging opportunities in the technology and innovation sectors - data Centres, intelligent buildings, smart cities and the Internet of Things - particularly targeting emerging markets where the demand for ICT infrastructure is increasing rapidly.
(Interview starts at 11 minutes 29 seconds)
Oil & Gas Sector specialist Malcy talks about the following stocks:
Echo Energy (ECHO)
Rose Petroleum (ROSE)
Pantheon Resources (PANR)
Jersey Oil & Gas (JOG)
Reabold Resources (RBD)
Amerisur Resources (AMER)
SDX Energy (SDX)
Falcon Oil & Gas (FOG)
Block Energy (BLOE)
Egdon Resources (EDR)
(Interview starts at 19 minutes 17 seconds)
Disclaimer & Declaration of Interest
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