Red Emperor Resources Nl Share Discussion Threads

[howie26] 20/3/2017 20:42

Potter magic...the brokers and CEO don't invest to lose out. Look what happened with IRG with the Brandon hill link. The only way is up on news

[pottermagic2310] 20/3/2017 11:49

Reflecting back on this once more this morning.
Thinking... "if they are serious about a further venture or two, maybe it has to happen by June?"
Thinking... "if that were the case then this would only go up on such News !"
Wondering... "maybe it's worth a further limited gamble before the end of May??"

[howie26] 20/2/2017 13:06

Very valid points made. The comfort we have is that we have the CEO and brokers that own over 20% of the company. We know that we are looking at exploration and on that basis, I wouldn't be too worried on heavy investment needed. Both sc55 and Georgia have no commitments and might offer some upside. If any1 has a high average I would be looking to average down

[pottermagic2310] 20/2/2017 11:48

No idea... it would be a complete gamble from one perspective.
One might think that having dipped to where it is, as a result of what's taken place and everything that isn't taking place, logically it might only peak again on any real, new Business activity actually unfolding later this year.
But what if the next new News isn't at all positive or relates to an opportunity that requires an awful lot more Investment, resulting in dilution of existing Holders ? In that scenario it would be better to invest again at a later date.
I think the fact the Business Leaders seem to have everything nicely locked-down for now suggests the former not the latter but bizarrely I personally can't lose if there's good News ahead but could lose if I took on some more now and it's bad News ahead !!
I shall loiter on the proverbial Fence for now.

[howie26] 20/2/2017 10:57

Potter is it worth a top up before activity?

[pottermagic2310] 20/2/2017 10:12

No real new News seems like reasonably good News, quite literally nothing ventured, nothing gained... nor lost !

[howie26] 08/2/2017 21:41

Do you hold many shares at a low average?

[barony] 08/2/2017 21:31

Hope so
Howie.

[howie26] 08/2/2017 21:24

Barony, might be the breakout we have been waiting. Might top up 200k shares when I get paid friday

[barony] 08/2/2017 21:03

Over 7% increase in share price What's afoot?

[howie26] 02/2/2017 17:32

Breakout on the cards??

[jotoha2] 06/1/2017 15:53

Funny trade , is there news afoot ?

[pottermagic2310] 23/12/2016 12:18

Merry Xmas and may our New Year explore new horizons
;-)

[howie26] 20/11/2016 11:05

I agree Poseidon. I think things could start to get interesting at this company

[poseidon2] 20/11/2016 10:56

It may not suit some of us as shareholders, but as a business management strategy in difficult times one would have to agree with their position !!

[howie26] 20/11/2016 09:01

Red Emperor is an oil and gas exploration company. We have been involved in a number of opportunities since inception, all with other partners, to explore for oil. All of these projects we have invested in have carried a level of risk and a commensurate level of return in a potential success case. We have always advised the market of such but what we have also done very prudently, as a board and management team, is protect our most valuable commodity in tough times, our cash. We still have close to $12m AUD in the bank and we are 100% focused and committed to adding value for our shareholders by delivering an asset, or a portfolio of assets, which we hope can bring about a significant share price re-rating. Since early last year, oil prices have been depressed and are still, today, significantly so. We have deliberately not rushed into transactions with struggling energy companies who have looked to off-load their worst assets but keep their best ones as they battle to survive. What we are now seeing are far more and significantly better opportunities becoming available with continued depressed oil prices shaking loose the type of assets we are looking for. We are currently working on and reviewing a number of opportunities, including discussing a strategy with a known group to take advantage of our cash, this market and their technical and industry expertise.

We look forward to updating the market at the appropriate time.

[howie26] 13/11/2016 21:34

Short term target 2p..buy low sell high

[howie26] 10/11/2016 22:17

Looks like new asset news to me

[barony] 10/11/2016 20:24

Big jump todays! What's afoot?

[flyinggogo] 03/11/2016 23:01

3.5p is my break even, but a new asset should see us north of that

[howie26] 03/11/2016 21:25

I might have 500k shares tomorrow

[howie26] 03/11/2016 20:23

What is your target price?

[flyinggogo] 03/11/2016 18:24

Ha, fully loaded (1,087,000 shares) so just a waiting game for me