Red Emperor Resources Nl Share Discussion Threads

[gozo] 01/12/2018 11:12

Just looking at the trades for Friday.....is it gremlins in advfns system??

[shafaq] 30/11/2018 13:57

https://www.share-talk.com/red-emperor-resources-nl-asxaimrmp-greg-bandy-md-interview/?utm_source=twitter&utm_medium=social&utm_campaign=SocialWarfare

[shafaq] 14/11/2018 13:16

Rig contract executed Final payment to great bear afterFinal permitting expected end of november.Rig inspection mid to end November.Rig mob 1st Jan 2019.All coming together but one final outstanding issue of placing which we think could be much higher around 5/6p.

[barony] 26/10/2018 09:07

Everything moving forward very nicely - winx, winx! I wonder what corporate costs of 314k were? Wages nice and low, maybe the 314k is the board wages.

[squibno1] 25/10/2018 15:52

Range Resources reported today that -"During the quarter, Range signed an agreement to acquire Georgian Oil Pty Ltd, which is a 20% interest holder in Strait Oil and Gas ("SOG") for a nominal upfront sum. Following completion which occurred in October 2018, Range holds a 65% interest in SOG."

Did RMP get rid of its licence interest in Georgia?

[gozo] 19/10/2018 23:44

Jay...fair enough....I think we're all pretty chilled here.....you seem to be the one shouting with use of the capitals....maybe take some of your own advice....just a thought atb

[imperial3] 19/10/2018 22:26

You are absolutely right.No rush at all with this one.The waiting game will pay dividends.

[jayj4u] 19/10/2018 21:51

I'm watching this stock.... I will buy this stock but ONLY at my price!!I was offered less then 2.5p today. But I told my broker NO!! I want 2p or less.... he said he will keep trying.... not sure why people hurry... it's not that they will find oil during the weekend or next week.... this is a SLOW GAME!! patience is a must!! Relax, sit back and watch.... you will learn much from this trade!!!

[gozo] 16/10/2018 18:23

If this drill goes the way I think it will and if it captures the imagination and interest of the aim herd (as it did with the Somalia drill 40p reached at one point) anywhere between 2 - 3 p will reward you handsomely.

[imperial3] 16/10/2018 17:14

Fair comment.

[jayj4u] 16/10/2018 09:32

I agree this stock has massive potential. But i'm not willing to pay 3p for this stock.... I would like to buy this stock close to 2p. If you look at the chart this can easily move down to 2p. There is a lot of time from now to drilling date. The news flow will dry up so I'm expecting this stock to drift down to 2p.

[phoebusav] 12/10/2018 14:37

That sort of stuff works better on liquid FTSE 350 stocks. What's important here is to focus on the tiny market cap, significant level of cash per share and the massive drilling catalyst just 4 months away. At the current share price RMP cost only 5p per net recoverable barrel for Winx-1 on an EV basis. Considering the well is fully funded, onshore, covered by 3D, 25-30% COS and on trend and very close to a very large discovery and in the same area as America's biggest oil field, the current market cap is ridiculously low. Ignoring all these real factors and trading this based on technical mumbo jumbo is rather dangerous especially given the wide spread and relative poor liquidity of the stock. Best just to be right and sit tight. STRONG BUY

[jayj4u] 12/10/2018 07:42

Im still looking at 2p or lower... the chart always tells the story... We need to be patient!!

The market will GAP UP today but this gap will need to be FILLED... this is why this stock will drop to 2p. I will take my chance and wait for 2p or lower!

[barony] 11/10/2018 17:18

Me too. Tomorrow.

[flyinggogo] 11/10/2018 15:32

Quite a swing down today, tempted to top up

[jayj4u] 08/10/2018 20:17

2p im looking to add to my holding.....patience, my young traders!!! wait and see....

[phoebusav] 08/10/2018 19:21

Imperial, that’s ridiculous and with no evidence whatsoever to justify it. Rather than looking at the chart, focus on the fundamentals. Small GBP 11M market cap with 50% backed by cash. Fully funded Winx-1 spudding February 2019 targeting 126 MMBOE net recoverable to RMP with a 25-30% COS directly on trend and very close to a major oil discovery. Small market cap. Strong cash backing. Massive near term drilling catalyst relative to market cap. STRONG BUY

[imperial3] 08/10/2018 16:04

Currently considerably over valued inmho.

[barony] 08/10/2018 10:03

Feverish anticipation here! Keep the rises coming.

[phoebusav] 03/10/2018 01:26

88E funding at 1p for Winx-1. Excellent news. The 88E share price has been static since the Winx-1 farm in news and I suspected it was due to a pending placing to fund the drill. With this out of the way both RMP and now 88E are fully funded for drilling. 88E can start what should be a major rally into drilling, pushing RMP significantly higher. Given that 88E has such a strong PI following, I expect a good number of them will start to allocate a portion of their funds to RMP as it offers far greater leverage to the drill. $5/B net recoverable x 25% COS works out at 28.5p per share for RMP. With 50% of share price backed by cash and massive upside, I make this a strong buy. GLA

[barony] 28/9/2018 08:19

Another 10% rise. Lovely. Give me that daily - doubling in value every seven working days!

[barony] 27/9/2018 08:22

Hard lines then!

[jayj4u] 26/9/2018 21:05

I want to buy these at 2p or lower!!!!