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Caps Lock on… DAVID LENIGAS on this week’s Share Views!! Watch here

Share Views Episode 10 - DAVID LENIGAS talks Gatwick Gusher and AAAP


Red Emperor Share Chat (RMP)



Share Price: 1.195Bid: 1.00Ask: 1.39Change: 0.00 (0.00%)No Movement on Red Emperor
Spread: 0.39Spread as %: 39.00%Open: 1.195High: 1.195Low: 1.195Yesterday’s Close: 1.195


Share Discussion for Red Emperor


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thai
Posts: 369
Off Topic
Opinion:No Opinion
Price:1.195
Stuiegee
Thu 22:16
Can't fault you for saying that but like I was advised if you hold shears here email gb and let us no your reply or vent your anger at the agm or better still go and ask him in oz as we all know until the company actually does something we're all the same my friend I emailed him and if you read the mail it' say looking to do something with our money and there what ever as I am not ramping but I would like someone else to find out more than I know waiting for a reply
 
jeffry
Posts: 3,207
Off Topic
Opinion:No Opinion
Price:1.195
RE: Oilriches
Thu 13:00
oilriches.

are you still in AFPO? you seems quite there after you posted your buy last week?

just wondering :)
Stuiegee
Posts: 1,101
Off Topic
Opinion:No Opinion
Price:1.195
It's been months
Thu 08:50
Since I suggested that people park this and find value elsewhere. And it seems that people are still listening to the 'it'll be better tomorrow'.. rationale. This is off my Radar for the next 3 months at least
Fresian
Posts: 149
Off Topic
Opinion:No Opinion
Price:1.195
PoO
Wed 22:40
September 28, 2016 — 7:35 PM BST

http://www.bloomberg.com/news/articles/2016-09-28/opec-said-to-agree-on-first-oil-output-cut-in-eight-years

OPEC agreed to cut production for the first time in 8 years, sending oil prices more than 6 percent higher, as Saudi Arabia and Iran wrong-footed traders who expected a continuation of the pump-at-will policy the group adopted in 2014, according to a delegate briefed on the matter.

In two days of round-the-clock talks in Algiers, the group that supplies about 40 percent of the world’s oil said that it will drop production to 32.5 million barrels a day, nearly 750,000 barrels a day lower from what it pumped in August, the delegate said, asking not to be named because the decision isn’t yet public.

The deal will reverberate beyond the Organization of Petroleum Exporting Countries. It will brighten the prospects for the energy industry, from giants like Exxon Mobil Corp. to small U.S. shale firms, and boost the economies of oil-rich countries such as Russia and Saudi Arabia. For consumers, however, it will mean higher prices at the pump.

The Saudi-Iran agreement also signals a new phase in relations between the two nations, which have clashed on oil policy since 2014 and are backing opposite sides in civil wars in Syria and Yemen. The deal became possible after Riyadh and Tehran, with the mediation of Russia, Algeria and Qatar, agreed at the last minute on their respective production limits.

Brent crude surged 6.5 percent to $48.96 a barrel in London.

High Stakes: The stakes for OPEC are high. Ian Taylor, the head of Vitol Group BV, the world’s largest oil-trading house, said that the crude market could remain oversupplied until 2018 unless producing countries stop flooding the market. “I cannot see a good reason for a major increase in the price of oil” since the market remains “way oversupplied,” Taylor told a Bloomberg conference in London.

As OPEC agreed to limit its output, Russia smashed a post-Soviet oil-supply record, pumping 11.1 million barrels a day in September, up 400,000 from August, according to preliminary estimates. Russia participated in the Algiers talks, but it’s not party to the OPEC deal."
lowpay
Posts: 344
Off Topic
Opinion:No Opinion
Price:1.195
rmp
Wed 09:55
I can see Ted Bundy hasn`t pulled his finger out yet and got us a deal and the sp moving, nice (non)work if you can get it,gla he said with a sigh
Islandgirl
Posts: 1,573
Off Topic
Opinion:No Opinion
Price:1.195
RE: Islandgirl
Tue 20:04
Yes indeed hopefully we can catch the wave
oilriches
Posts: 9,502
Off Topic
Opinion:No Opinion
Price:1.195
RE: Islandgirl
Tue 19:53
Islandgirl the oil sector has improved since Feb and will continue to over time, hence. A better price on a good asset......we may never get there who knows
thai
Posts: 369
Off Topic
Opinion:No Opinion
Price:1.195
Islandgirl
Tue 19:20
Thanks for the reply I also have lost but I needed to average down but I do see a rise I needed to be in s good position for a rise of there is one but the company has money in the bank and there anit many on a positive note X
Islandgirl
Posts: 1,573
Off Topic
Opinion:No Opinion
Price:1.195
RE: Islandgirl
Tue 18:56
Thai I have averaged down to 5p,I'm sure I bought some at 45p but I am frightened to check for sure...too painful.Its great that you took the time to e-mail the company even if the reply was rather predictable.I was referring to Oilriches speculation with regards to 88 e and have noted his expected target SP is insidiously creeping upwards.It certainly wasn't an attack on yourself
oilriches
Posts: 9,502
Off Topic
Opinion:No Opinion
Price:1.195
RE: Oilriches
Tue 18:51
I did the same with mta many years ago and 10 bagged in a similar scenario. I don't think Rmp will 10 bag but can see many multiples of the current sp




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