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Is the Bull Market over? Andre Minassian says no! Watch here

Is the Bull Market over? Andre Minassian says no!


Red Emperor Share Chat (RMP)



Share Price: 1.305Bid: 1.11Ask: 1.50Change: 0.245 (+23.11%)Riser - Red Emperor
Spread: 0.39Spread as %: 35.14%Open: 1.305High: 1.305Low: 1.305Yesterday’s Close: 1.06


Share Discussion for Red Emperor


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oilriches
Posts: 9,612
Off Topic
Opinion:No Opinion
Price:1.10
RE: Shareholders
9 Jan '17
I don't know what contact they had with him but they got mugged into the story. I think they thought that now the company was actively looking they would get an asset. In truth it looks like they are doing little
 
Macminchus
Posts: 241
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:1.10
RE: Shareholders
9 Jan '17
Not wanting to sound stupid but why did they think there was another asset on the way? Bandy saying in an e mail (not an rns) The person who you wanted out?
oilriches
Posts: 9,612
Off Topic
Opinion:No Opinion
Price:1.10
RE: Shareholders
9 Jan '17
Thai. They were all in the belief a new asset was on the way and did not vote at the agm. i did meet the investors in London on Friday and they want results soon
thai
Posts: 412
Observation
Opinion:No Opinion
Price:1.10
Shareholders
9 Jan '17
So at least we all agree. there must be a share holder who knows where we go from here? Oil R you said you and your people said if he did not come up with the goods Gb would be gone what happened?
oilriches
Posts: 9,612
Off Topic
Opinion:No Opinion
Price:1.10
RE: Shareholders
9 Jan '17
I hope u get the £60k paper loss back and more bammo
Islandgirl
Posts: 1,786
Off Topic
Opinion:No Opinion
Price:1.10
RE: Shareholders
9 Jan '17
Agreed Sc55 will come to nothing..just like Puntland,just like Georgia,just like everything Bandy touches.The guy is a legalised fraudster
Macminchus
Posts: 241
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:1.10
Shareholders
9 Jan '17
still very interested in the share but the main problem I see is bandy does nothing for years....
Macminchus
Posts: 241
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:1.10
RE: Shareholders
9 Jan '17
Unfortunately I lost 35K on the last drill but I have managed to make most of that back up now on other shares. Could not just sit and wait round, still very interested in the share but the main problem I see is bandy has for years does nothing.

How long was it between putland and sc55, 3 yrs??? (not checked but it was a number of years before they did anything)

I also asked a question on here about activity with sc55 as per the RNS dated 22 Dec 2015

"The consortium intends to undertake further technical studies during the moratorium period, including a Quantitative Interpretation (QI) Study. QI is a relatively recent geophysical technique that is designed to gain a better understanding of existing and potential petroleum reservoirs."

Am I correct in thinking this is not being conducted even though they have confirmed in an RNS that some form of activity would be taking place with the licence. If they could de risk the play and oil prices continue to rise then they may be able to farm out to someone but as it stands I honestly think no one will take it on as there are better opportunities out there.

Would like to think something is going to happen but as far as I can see bandy has the best job in the world !!! picking up a salary for doing nothing.
thai
Posts: 412
Observation
Opinion:No Opinion
Price:1.10
Shareholders
9 Jan '17
It's time everyone sent Gb emails asking what's going on and all post any replies as this not good it may be the only way forward shame them into action
bammo
Posts: 531
Off Topic
Opinion:No Opinion
Price:1.10
Shareholders
9 Jan '17
Couldn't agree more Thai just sent Bandy another email asking him what is he doing for his wage and the Bullshi? he has been giving to us the shareholders doubt Ill get a reply but will post if I do will be another year I guess before any movement down 60 grand on paper so will not sell or average down if and a big if it hits 4p I'm out




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