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Red Emperor Share Chat (RMP)



Share Price: 4.975Bid: 4.75Ask: 5.20Change: 0.225 (+4.74%)Riser - Red Emperor
Spread: 0.45Spread as %: 9.47%Open: 5.00High: 5.25Low: 4.975Yesterday’s Close: 4.75


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oilriches
Posts: 6,420
Off Topic
Opinion:No Opinion
Price:5.08
View Thread (2)
tip top
23 Jun '15
20p would be life changing for me. :-)
 
oilriches
Posts: 6,420
Off Topic
Opinion:No Opinion
Price:5.08
tip top
23 Jun '15
How's is going mate? The charts are looking very strong here and i see a good day today
oilriches
Posts: 6,420
Off Topic
Opinion:No Opinion
Price:5.08
hawkeye-1 well
23 Jun '15
Has been 10 years in the making and is one of very few wells in the Philippines that has been mapped using 3d data. Otto are very sure they are onto something company making.
TIPTOP
Posts: 6,052
Observation
Opinion:Strong Buy
Price:5.08
MC
23 Jun '15
£35m market cap is clearly the target before spud. Where the SP goes after that is anyone's guess. Anything between 10p - 30p is possible. Once the rig sets sail, this SP will be very exciting. GL all
oilriches
Posts: 6,420
Off Topic
Opinion:No Opinion
Price:5.08
Mr physic
23 Jun '15
I think you have a great point about rig mobilization linking to the divi payment date. I even note members on the Otto bulletin board paying attention here. therefore i suspect a good amount of cash will find its way here once to 70 million $ is paid out....your a genius :-)
oilriches
Posts: 6,420
Off Topic
Opinion:No Opinion
Price:5.08
lets
23 Jun '15
See volume break 5 million today
Roadking
Posts: 210
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:5.08
View Thread (2)
RE: risk
23 Jun '15
Spot on Macminchus! This is not a one trick pony by any means and Cinco is the bigger target! IMO, even if no oil discovery this will not touch this sp again as either of two things will happen, Shell look to get involved or we follow up and drill Cinco using the venturer. Current climate is the cheapest anybody will drill a deepwater well so makes commercial sense.
Macminchus
Posts: 38
Question
Opinion:Strong Buy
Price:5.08
View Thread (2)
risk
23 Jun '15
I keep on trying to ascertain the downside risk in this stock. This as far as I can see this has massive potential but I keep on thinking what happens if they don't hit oil. there seems a likely hood (I could be wrong) that gas is present in the hawkeye drill. So if they find the "gas cap" early in the drill but go on to find no oil. Surly with the follow up prospects of cinco and malampaya the share price should not retract back to the 2p mark???? so the 1 in 3 chance which is being quoted is for oil. what about the chances of finding either gas or oil?
Bolgas
Posts: 60
Off Topic
Opinion:No Opinion
Price:5.08
View Thread (3)
RE: bolgas
22 Jun '15
5p, sorry late for the iPad lol
Bolgas
Posts: 60
Off Topic
Opinion:No Opinion
Price:5.08
View Thread (3)
RE: bolgas
22 Jun '15
Should be a couple of mine showing there from today not shown here, seems resistances at 5pm sure that'll be frozen soon enough :-)

Should be at 8p prior to spud imo, we will see.





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