Thanks for your imput I have worked the oil game all my life and while I cannot say where the prices is going I did not think it would last this long or go so low but what I can say is the oil companies put big money into elections and other things I a lot of companies need a brake from these price or they won't be here soon It's just a waiting game yes
The Board of Red Emperor believes the end of the year to be an achievable timeline for the acquisition of another asset, project or JV. With oil prices continuing to be depressed, opportunities are looking more and more attractive and we believe our patient approach will serve us well in the long term.
We're just the small fry investors at this agm Thai. The directors and their mates own lots more of this company PIs do put together, so we would be outvoted in any case. Best we can hope for is sending a message that we're not happy. Positives: We still have cash in the bank and possible gas intetest in phillipines, oil looks like it could be capped around $50 for a while given the supply glut which would mean cheap assets if we could pick any up. Sit tight. Just my 2 cents..
These people behind this share are daft if they don't do something to make rise from now they know they are gone 51 % is not a lot between so many people to get hold of it rmp lets pool all our shares :) I have never thought about this before always a thought yes
Thanks for reply I take that as a no lol so let's see how we go then oil has hit a high so let's see but I have been buying and it's not showing on trades I honesty feel if it hits a high I would leave as my feelings in the oil game it's going to be hard unless what I am reading into the clever men behind this share hit the jackpot and buy into a service company with there money and the company's etc like the last paragraph of my email said yes they anit just going to roll over and die correct and its get close to that time yes agm
Hi oil riches I am sick of messing around with company if I can get people 2 buy 2 million pounds worth of shares and we get access to the money in the bank to reinvest in real estate it would be a step forward in the right country if you were going to tremble the money in the account would you help in restructuring the company and show us the way to do this as my friend said the other night 2 million would give us control is this correct this is just a thought
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