Red Emperor Resources Nl Share Discussion Threads

[officerdigby] 05/1/2021 17:18

Suspension for 6 months in limbo first.

That'll mean waiting w/o being able to trade until deal done or delist.

Previously this has happened on the Aussie side.

Like MTFB currently..

[traderinthemaking] 05/1/2021 17:03

Could the Oz bought in his large stake, wait for the UK to delist and then take more action when it is only listed in Australia?
If we were to delist, would our UK share be automatically converted into Oz ones?

TITM

[officerdigby] 05/1/2021 16:43

TTA, sounds like you got squillions!Are we gone sell this time (whatever it finally is?)

[jaspoland] 05/1/2021 15:26

Calm before the storm?

[showmethemoneyhoney01] 14/12/2020 20:01

Interesting chat on Hotcopper. One such post below:-

Two interesting announcements released by RMP and SGC recently;

1. Red Emperor Resources (RMP) announced that it has elected not to exercise option over Perth Basin permit.



2. Sacgasco (SGC) released a presentation in which it says that the “Sacramento Basin is Perth Basin’s big Brother” and on page 9 of the presentation a comparison is provided between the Sacramento Basin and the Perth Basin, which demonstrates the significant size and potential of the Sacramento Basin. A comparison is also provided between two companies in the Perth Basin, Warrego Energy (WGO) and Strike Energy (STX) with market caps of $100m and $300m respectively, with two companies in the Sacramento Basin, Sacgasco (SGC) and Xstate Resources (XST) with market caps of only $4m and $3m respectively. It is believed that the ‘Borba’ natural gas prospect that SGC and XST are involved with in the Sacramento Basin could hold between 10-16 TCF of gas.

hxxp://www.sacgasco.com/wp-content/uploads/2018/01/Investor-Presentation-June-2020.pdf

hxxps://hotcopper.com.au/threads/bigger-than-the-perth-basin.5431164/?post_id=45041598#.XucR-uR7m71

Why are these announcements from RMP and SGC interesting ?

Firstly, John Begg has been engaged by RMP to assist with introducing and reviewing business opportunities. John Begg has also been involved with SGC and XST previously when his private company ‘Bombora Natural Energy’ farmed into SGC and XST prospects.





Secondly, RMP has announced previously that it was looking at the Sacramento Basin as a place to secure a project/leases.



So if the Sacramento Basin dwarfs the Perth basin for size and prospectivity as per the SGC presentation, and with John Begg’s involvement with RMP, SGC and XST, could it be that RMP will farm into SGC and XST ‘Borba’ prospect in the Sacramento Basin ? The Borba prospect is massive with indications that it could be in the 10-16 TCF range and would fit RMP’s risk profile of looking for projects with significant prospective resource potential and massive upside. Borba needs funds to drill and RMP has approx $4.7m in the bank so a potential farm in would be good strategic fit. Perhaps RMP has rejected the Perth Basin permit so it can farm into Borba ?

All pure speculation on my part but provides food for thought. DYOR!!

[showmethemoneyhoney01] 14/12/2020 08:43

Interesting that there is talk on Hot Copper of a deal with Borba and SGC?

' I wonder if my hunch regarding RMP possibly getting involved in Borba with XST and SGC will turn out to be correct ?'

hxxps://hotcopper.com.au/threads/an....5435427/page-2?post_id=45247227#.X9cJJ08_WDY

[jaspoland] 09/12/2020 11:35

Kenneth clearly likes them

[officerdigby] 09/12/2020 11:06

Another million.Blinker you have been holding a nasty loss for a while.Good luck all!And let's remember to sell this time!

[showmethemoneyhoney01] 09/12/2020 10:50

Toon, just bought in too. Largest shareholder still adding so something is going on in the background with a 100% rise recently on no news. As we have seen before on this share, it can move up very quickly on good news. Think you are right about Greg Bundy. He needs to land a deal to justify his salary and keeping the AIM listing. Big spread which I don't like but there are some good deals out there and a short term project could really move this.. Bought 2 trades at 1.30 but not showing up yet.

[thetoonarmy2] 08/12/2020 14:22

With the trades going through I averaged down buying another 1 mill but I would say its obvious that they have a deal they are doing, why would they risk losing London listing?
Convinced Greg Bandy will have something up his sleeve.

[tidy 2] 03/12/2020 23:18

Wrong bb soz

[tidy 2] 03/12/2020 23:18

hTTps://twitter.com/andy47640/status/1334637961674170369?s=21

[tidy 2] 03/12/2020 23:11

Premier League makes face masks mandatory for returning fans - hTTps://www.bbc.co.uk/sport/football/55180417

[tidy 2] 03/12/2020 23:11

Premier League makes face masks mandatory for returning fans - hTTps://www.bbc.co.uk/sport/football/55180417

[flyinggogo] 01/12/2020 23:20

Cash per share sits at 0.46p currently

[traderinthemaking] 01/12/2020 09:20

20737 / 20739
Agreed. With the delisting deadline looming and the festive period, if a RTO is on the card, news can't be far of.
However, I am really unsure about what would be the impact on the share price ..
What are your views?

TITM

[jaspoland] 30/11/2020 15:14

20737 that's what would normally happen with a cash shell. Be interesting to see what will become of RMP.

[romeoandjuliet] 30/11/2020 13:29

Feels like we may become some sort of vehicle for a reverse takeover / listing

[mickhay3] 27/11/2020 14:22

Possibly the same kenneth baker https://uk.news.yahoo.com/company-secretary-non-executive-director-202636808.html

[romeoandjuliet] 27/11/2020 13:41

What does Ken know

[cwebb07] 27/11/2020 10:45

Someone in the know

[jaspoland] 27/11/2020 10:39

Who's Kenneth Baker?