Red Emperor Resources Nl Share Discussion Threads

[gozo] 03/8/2018 09:24

Wouldn't surprise me to see some RPT gains being reinvested here.

[fillipe] 02/8/2018 13:52

apf....yup, I agree with you there - it'll be interesting to see how tall is the eventual spike.

Either way, now's the time to be locking some away, is my thinking. There's not a lot of point in moving in once a really steep rise gets underway.

f

[flyinggogo] 02/8/2018 12:03

Nearly a year away? Dont they have to be done before the ice roads melt, so more like 5-6 months from now?

[apfindley] 02/8/2018 11:35

The money coming in is to make a spike. The rampers aren't Investing for a drill that's nearly a year away. They don't hold that long. They will sell into the spike and return early 2019 when the price is low again.

[fillipe] 02/8/2018 11:21

RMP starting to be noticed. Here's a recent note on RMP, which I spotted.

hxxp://share-spot.co.uk/write-ups/red-emperor-resources/

I'll be very pleased to receive even a small slice of those outcomes!

f

[barony] 02/8/2018 09:37

Looking good here. A fair crack at a very large reward as we are next door to a major field.

[ken chung] 02/8/2018 08:47

Back to 1p soon.

[ken chung] 02/8/2018 08:47

Only 25% chance of success.That's not an investment its almost a guaranteed failure.

[fillipe] 01/8/2018 10:31

The share price appears to be picking up a bit of speed today....at last.

2.1995p paid this morning, although still "a far cry" from what the future holds.

Still very cheap is my feeling here, with the best ask a touch higher at 2.22p

f

[gozo] 30/7/2018 18:21

Yes indeed....under 1 (one) mile in distance from horseshoe1 discovery.

[senn1] 30/7/2018 13:39

Well for sure pre drill come new year it will be nearer 8p than 2p.

Large drill stable area next to a massive discovery.

[simpletonremover] 30/7/2018 11:04

I think you'd need to be far more specific than just using that broad brush statement, to garner any credibility for it. ;o)

[apfindley] 30/7/2018 10:50

Simpleton remover. Pure fantasy figures.

[gozo] 28/7/2018 18:19

Accompanying PDF for the previous webcast.http://www.oilsearch.com/__data/assets/pdf_file/0011/15968/171214_Alaska_Investor-Seminar-FINAL.pdf

[gozo] 28/7/2018 18:16

Bill Armstrong 'presents lol' from 17 minutes on approx - it was a few days ago that I listened to it.

[simpletonremover] 27/7/2018 20:42

Thanks for the link, Gozo


Interesting piece and the numbers crunched are appealing.



"Cost Targets

With the share of the company stake running at over 100mmbls on a successful drill the share price at a low price per barrel in the ground could be as follows.

Pre drill – I hope to see the Mcap around 60-70mn or so. Or around 14p a share

Successful drill – at target depth and prospect of 126mmbls achieved with good flow rates etc. I would like to see a Mcap of around 200mn or 50p per share and further market driven gains to around 300mn or 70p per share. This is only valuing oil in the ground at a few dollars and should be easily achievable.

Buyout target. The conventional plays are running at around $20 per barrel for extraction and with oil at $75 a barrel then we can apply a target price of around 100mmbls x $55per barrel = $5.5BN total valuation overall, this may attract a buyout offer of 1.5-2bn for RMP’s stake.

If my targets are met then a £1000 stake at 2p could be worth…

At 14p predrill would be £7k de-risking £3.5k so £3.5k left in if drill successful then at 50p per share the remaining stake would be circa £12k…

If this is the target of a takeover then per 1bn stake the cost per share could be around £2 per share or a one hundred bagger. If at the upper end target £3 a share plus may not be unreasonable.

The majors are looking to buy high barrel prospects in this safe geopolitical area and Alaska has massive tax breaks and good infrastructure as we know with Repsol being next door it would actually lower their costs of production if they bought this prospect.

I have contacted the company and hope to be able to interview them very soon to provide up to date information and get to know them better.

I have taken a position but will be looking to add as and when I can. I plan to de-risk potentially a small amount predrill and will assess as I go along and let you know as the story progresses.

Summary

Good geopolitical area

Good geology

Good prospects for further drills to be planned

Fully funded drill campaign Cash back from great bear upon key news items in due course

Good cash position to cover normal administration costs

Current low Mcap

Low cash burn of £1mn per year

Further resource upgrades will potentially happen as the 3D data set is further interpreted.

These are just my thoughts on the company and are not intended as investment advice. Please use this however as part of your research into the company… happy investing…"

[flyinggogo] 18/7/2018 17:21

2,000,000 AT trades gone tgough after hours at 2.22p....

[officerdigby] 17/7/2018 20:55

Yes and if achieved. You have to say well done after all could easily have gone belly up!

[kingivor] 17/7/2018 19:50

4.5p fair value on signature of definative agreements and with bond payment by July 31
think the msrket will concur , so 4.5p the near term target with over £5m cash on hand and confirmation , see lse bb that no immediate CR planned from Bod correspondence
ASX out of suspension would push things on further, mho

[mr copl] 13/7/2018 13:19

a good post on COPL..

Edgein7 Jun '18 - 09:29 - 2920 of 2921
0 0 0
Bounty Hunter,

Its all about timing. OIL was one of my best ever, it went from the teens in the Brenda days to over £4.00 in the post-Huntington era (I sold long before that). Art was exceptional at finding the stuff, especially appraisal drilling and OIL were killed off by the debt and the unprecedented fall in the oil price, that killed off AFR and many others too CAZA et al. With COPL its all about timing again. The market has a short memory and if ART delivers even a fraction of that plan in the presentation then this is going to be one of the highest baggers in the oil sector in a long time. If the deal goes through and they line up funding they're expected to produce from the modified rig, so no 3-4 year wait as normally associated with offshore. Plan is 6000bopd in the early stages and within about 3-5 years and 29 wells later produce 60,000bopd at peak. The market rightly or wrongly expects that this will not happen hence £8m market cap. If on the other hand they get approval from the Nigerians for the Essar deal, finance the well and get the expected results this is Oilexco mark II. The early days of OIL were exceptional and that's why I took some here. One of the smallest holdings in my porty so its not without risk as you point out, but upside if Art pulls it off is going to be legendary. First target 90mmbbls, combined appraisal targets approx 250mmbbls.

Regards,
Ed.