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Red Emperor Share Chat (RMP)



Share Price: 2.65Bid: 2.50Ask: 2.69Change: 0.025 (+0.95%)Riser - Red Emperor
Spread: 0.19Spread as %: 7.60%Open: 2.65High: 2.65Low: 2.65Yesterday’s Close: 2.625


Share Discussion for Red Emperor (RMP)


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oilriches
Posts: 2,908
Off Topic
Opinion:No Opinion
Price:3.30
rmp
4 Feb '14
looks solid to me - All the charts point to a strong bull breakout...will it happen?
 
TIPTOP
Posts: 2,945
Answer
Opinion:No Opinion
Price:3.30
View Thread (3)
RE: investors
4 Feb '14
The location of our drilling in Puntland is actually quite safe as it's miles from the dangerous zones.( Relatively of course.) but we've already proven it's possible and that has to put us in a good position. The new government won't want any mishaps so will likely stick with what worked before. Africa oil is well know in Africa and a great company to front our campaign!
Linton78
Posts: 432
Off Topic
Opinion:No Opinion
Price:3.30
View Thread (3)
RE: investors
4 Feb '14
Tiptop - Good point and remember the majors are still working in Libya and Iraq so while Somalia is not the safest place in the world if we strike a decent find (AOI say over 300mbs) this will become attractive for majors in the risk/reward scenario. Puntland is a fantastic location on the busiest shipping route in the world to export crude to refineries.
TIPTOP
Posts: 2,945
Observation
Opinion:Strong Buy
Price:3.30
View Thread (3)
investors
4 Feb '14
Are still a little bit wary of Puntland but when we start actively working in the country again people will begin to believe we'll get another bite of the cherry.
TIPTOP
Posts: 2,945
Observation
Opinion:No Opinion
Price:3.30
oilriches
4 Feb '14
Steady as she goes. If we can creap up before the Georgia news, then we will be flying when Puntland hits. :-)
oilriches
Posts: 2,908
Observation
Opinion:No Opinion
Price:3.30
looking
4 Feb '14
Good this afternoon
Linton78
Posts: 432
Off Topic
Opinion:Strong Buy
Price:3.30
from ADVFN, BB
4 Feb '14
fenseal3
4 Feb'14 - 11:28

Chart starting to look very juicy as well....it's hard to imagine that a stock that has cash of 11m and NAV assets of 16p still sits at this level with a mc of 8.7m, long term holders will be rewarded handsomly here, lots of buys on ISDX as well today and peeps happy to pay 3.65p, this was 50p in April 12, mmmmmmmm!!!!
Linton78
Posts: 432
Off Topic
Opinion:Strong Buy
Price:3.30
Buy
4 Feb '14
£10k at 9.30am
Linton78
Posts: 432
Off Topic
Opinion:No Opinion
Price:3.30
View Thread (2)
RE: linton
4 Feb '14
Lets see how it pans out mate, either way we are much better placed than before christmas. The article on nugaal that midas found was very interesting last night.... maybe the new President could come to a peaceful agreement with Somaliland and get on with drilling.
oilriches
Posts: 2,908
Observation
Opinion:No Opinion
Price:3.30
View Thread (2)
linton
4 Feb '14
Agreed - i feel that if buying continues this afternoon they have to raise the bid



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