Red Emperor Resources Nl Share Discussion Threads

[ttboy72] 18/8/2015 19:15

Like i said in a previous post this drill was never about commerciality of the hawkeye well but proving up a hydrocarbon basin with the basis of proving up the cinco prospect.

Does anyone think that otto might be conversing with shell quietly in the background?

[backdoorbill] 18/8/2015 18:47

Interesting post... It does beg the question, was gas always the main objective...

17:16 18/08/2015 [Bolgas] RE: Cinco..............
We will need to incorporate the results from the Hawkeye well into our understanding of the carbonate prospects now before we can conclude whether they are de-risked. The fact that we have identified hydrocarbons in the Hawkeye location confirms the presence of an active charge system in the area. Kind Regards Matthew Allen Managing Director and CEO Otto Energy

[officerdigby] 18/8/2015 17:11

Maybe get RMP to buy a chunk of IRG.

apfindley if you wouldn't mind ramping it to them ta!

[sigora] 18/8/2015 16:44

since you have been shouting apfindley will have a look lol

[apfindley] 18/8/2015 16:38

Don patrolYes I tried to highlight IRG but nobody seemed interested. It's now up 31% today on very large volume.And is now about double the 0.55p I first started mentioning it.The "Risked" nav is 133p a share The "unrisked" is 424p a share Current price 1.05pMassive upside.

[donpatrol] 18/8/2015 09:35

Hindsight is a great thing, what would we all have done different if given the same opportunity again?

Have a look

Independent Resources plc
("IRG", the "Company" or the "Group")

Update re Ksar Hadada license

Currently trading at 0.8p MC of £1.6m
News due in the next few weeks

[cashandcard] 18/8/2015 09:32

Folks,


Sad to see the continued losses here. As I posted yesterday;


I have communicated with GB is the past - groundhog day would be an understatement with regards to pace of operations here. They come once in 3years. If you really want to see some of your money back, encourage GB to spend some of that $12mln on buying actual production that delivers cashflow to the coffers. The alternative is to watch it slowly burn away and see no meaningful payback, then get hit by a placing.


Cash

[apfindley] 18/8/2015 09:26

Are all the rampers from last week happy now?You've only got yourselves to blame with all your 100p hype and all the mates in the know, insider info, oil strike --- all bull caca.Anyone with losses needs to wave a heavy fist at those who manipulated this stock last week.And still it plumbs new lows.The carnage wont stop until the next round of funding is out the way...

[boysie72] 18/8/2015 09:08

Greg Bandy fails to deliver again. He's no JR Ewing is he...

[induna123] 18/8/2015 08:44

Looks like all those who bought yesterday got taken to the cleaners.

A fund raising is very likely. They need to act quickly before the price drops even further.

[thundercat1] 17/8/2015 20:23

Stick it in SRSP looking to close a jv then big updside from record lows on developing proven oil fields not dusters like this.

[ttboy72] 17/8/2015 20:17

Reading from posts on lse the point was to prove migration from the malampaya field. Gas was found but the rns was quite vague about volumes..Suggest people read kdix excellent post on lse.

[backdoorbill] 17/8/2015 20:14

thundercat.... All of these AIM stocks should be addressed with nothing more than lies..

However maybe TTBOY72 has a point.

Not all is as it would appear with RMP, maybe it has more to offer.

Chas

[thundercat1] 17/8/2015 19:50

All these oil stocks are as bent as each other.

[ttboy72] 17/8/2015 19:34

From my interpretation i thought the hawkeye-1 well was to prove a hydrocarbon basin.

Hydrocarbon's were found. Even if substantial quantities were found it was
still gonna be plugged.

Thought this drill was meant to prove up the bigger cinco prospect.

Interpretation of the data could well do that could'nt it

[backdoorbill] 17/8/2015 19:09

DATAIT:-
TOMORROW ADMINISTRATION

lololololol

The field still has more to offer.

Chas

[backdoorbill] 17/8/2015 18:47

A very bad day. However...

Could we see light at the end of the tunnel....

I`m still in.

GLA

Chas

[bluebell1] 17/8/2015 17:12

It will settle around a 50% discount to cash. 0.8p

[datait] 17/8/2015 16:25

TOMORROW ADMINISTRATION

[apfindley] 17/8/2015 16:25

Bid right down to 1.1p nowLowest it's been all dayTanking