Thu, 10 Oct 2019, 08:00am BST
Sachin Oza, Co-Chief Executive of Reabold Resources (RBD) interview following placing of 2,666,666,666 new ordinary shares at a price of 0.9 pence. Sachin discusses the highlights of the placing, what the funds are to be used for, and the opportunity this presents for Reabold and its shareholders.Interesting for RBD and Union Jack Oil Shareholders.
Oza has 17 years investment experience and has spent the last seven focusing on the energy sector. He joined Guinness Asset Management in April 2016, having previously worked as an investment analyst at M&G Investments for 13 years, where he covered the Utility, Transport, Mining and Oil & Gas sectors on a global basis. Mr Oza has also held investment analyst roles at Tokyo Mitsubishi Asset Management and JP Morgan Asset Management.
West Newton is transformational in value to the company and the funding takes the asset to point of sale. Great for Reabold and UJO.