Red Emperor Resources Nl Share Discussion Threads

[nicky21] 26/6/2018 12:23

well come abroad cash.
this alasaka venture is an exciting play.

[simpletonremover] 26/6/2018 09:05

Copied over from LSE.

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This 31.5% interest of the onshore acquisition by RMP on the Alaska North Slope, adjacent to the Horseshoe multi billion barrel discovery, reads well:

In the RNS:
______

-- Red Emperor to acquire and drill a significantly large oil prospect on the prolific Alaska North Slope

-- The drill target is immediately adjacent to and a direct analogue of the Horseshoe-1/1A oil well drilled by the Repsol-led joint venture in 2017

______

Then, worth listening to Bill Armstrong, who discovered the Horseshoe deposit, in the Youtube clip, posted on here by Harrymann:



4 minutes, 25 seconds in:

Roughly 3 billion barrels, a 40 mile x 3 mile lake of oil.

'Is there a lot more oil left on the North Slope ?'

'Oh, there's a tonne, I think. We found this new zone and I think it's repeatable, time and time again'

[jace86] 26/6/2018 08:55

Ken, stick to IMM. I agree with your comments there. But here this is a tiny mcap, fully funded from cash in bank project with 126m barrels of oil at the end of the rainbow.

[ken chung] 26/6/2018 08:53

Bubble looks very stretched now.

[tomboyb] 26/6/2018 08:16

Here comes the interest -

As expected -

[bob1995] 26/6/2018 07:58

Don't feed the Chinese monkey you mean

[ken chung] 26/6/2018 07:44

Don't feed the bubble.

[ride daice] 26/6/2018 07:43

And the risked value of 126 MMbbl conventional barrels with a 25%-30% geological chance of success is..... ???

[ken chung] 26/6/2018 07:30

The bubble will burst just like the 88E shambles. Don't feed the bubble unless you want to lose your money.

[kirk 6] 25/6/2018 22:27

Reckon these will be well over 2p tomorrow

[nicky21] 25/6/2018 20:24

25%-30% COS which is good in the oil industry.

[qs99] 25/6/2018 19:54

As with many on this board, only saw RNS and acted too late, but am in for the ride as sub £10m market cap IMO looks odd against the potential for the drill bit early 19. not for widows and orphans as they say, but may see increased interest as people digest the news. GLA and DYOR

[nicky21] 25/6/2018 19:10

where is everyone its risen 100% and no posts

[nicky21] 25/6/2018 19:08

10p would give a market cap of £40m

[kirk 6] 25/6/2018 18:45

Think it will take some time but 10p should be hit this year

[nicky21] 25/6/2018 17:46

market cap should be £25m on this news alone.

[bob1995] 25/6/2018 17:37

Stupidly low mcap at the moment but the market will correct. Top of the leaders board always help to get noticed

[nicky21] 25/6/2018 17:19

not many have realised todays news could be a game changer

[nicky21] 25/6/2018 17:18

i was in these when they were in Puntland but sold out at 11p.
got back in today.

they got themselves a good deal.
also market cap of £8m is very low.

[nicky21] 25/6/2018 16:31

they are just a few miles away from the horseshoe discovery.

[nicky21] 25/6/2018 16:30

am a holder.
done a quick research into company and like what i saw.

[dave4545] 25/6/2018 16:27

I see shirley quickly vanished. All these serial pump and dumpers should be lined against a wall and shot multiple times. That is what I think of them

[nicky21] 25/6/2018 16:13

a must watch for all newbies and long termers who have been in RMP.still might be life in the old dog yet.