Email Facebook Twitter

Resources analyst Charlie Long sees good times ahead for uranium Watch here

Resources analyst Charlie Long sees good times ahead for uranium

Red Emperor Share Chat (RMP)

Share Price: 1.1855Bid: 0.971Ask: 1.40Change: 0.00 (0.00%)No Movement on Red Emperor
Spread: 0.429Spread as %: 44.18%Open: 1.1855High: 0.00Low: 0.00Yesterday’s Close: 1.1855

Share Discussion for Red Emperor

Thread View

Please login or register to post a message on Share Chat.

Posts per page:

Posts: 1,136
Off Topic
Opinion:No Opinion
Lets see
7 Jun '16
if we can recreate the main RNS body:

For The Period 2015/16

The Board of Red Emperor Resources NL (“Red Emperor” or the “Company”) provides the following commentary and Appendix 5B for the period ending 31 March 2016.

Philippines (SC 55)

The joint venture is still awaiting a formal response from the Philippines Department of Energy (DoE) to its request for a two-year moratorium over Block SC 55. The request has been processed by the Petroleum Resources Development Division with the JV hopeful of written confirmation from the DoE in the coming weeks. The consortium intends to undertake further technical studies during the moratorium period, including a Quantitative Interpretation (QI) Study.

As announced previously, Otto Energy Limited (ASX: OEL) has advised the JV of its intention to exit the Block SC 55 as part of its strategy to focus on its North American assets. Red Emperor intends to have its full, proportionate interest be assigned and as a result its working interest will increase from 15% to 37.5%.


Red Emperor, a 20% shareholder of Strait Oil and Gas Limited (Strait), a Gibraltarian company with a valid Production Sharing Contract (PSC) across Block VIa in the Republic of Georgia, continues to be advised of ongoing negotiations with a potential purchaser of the PSC. Red Emperor understands that delays in reaching an agreement with the potential purchaser have been due to volatility in the oil and gas price and political instability in the region. Red Emperor is not involved in these negotiations and can provide no certainty as to the likelihood of a successful outcome. The market will be updated when further information becomes available.


Over the course of the last 12 months, Red Emperor has reviewed and conducted high level due diligence on a number of projects and opportunities, both in the oil & gas and resources sector. While committed to its existing JV in the Philippines, the Board believes additional asset(s) would better diversify the Company and could potentially take advantage of the Company’s substantial cash balance. To date, the Red Emperor has not progressed any of these opportunities beyond due diligence, however it remains committed and focused on identifying value for shareholders while at the same time, responsibly managing the Company’s healthy cash position.
Posts: 9,752
Off Topic
Opinion:No Opinion
RE: Rmp survey
5 Jun '16
Results published tomorrow
Posts: 9,752
Off Topic
Opinion:No Opinion
Rmp survey
5 Jun '16
Posts: 1,448
Off Topic
Opinion:No Opinion
View Thread (2)
2 Jun '16
a rubbish set up. We're falling almost daily and nothing from the Co. PR. Lost too much to sell. So whatever comes here to stay either way.
Posts: 138
Off Topic
Opinion:No Opinion
Can't believe many sellers @1p
1 Jun '16
Disappointing retraction recently on hardly any volume
Posts: 474
Opinion:No Opinion
Change the board
31 May '16
There must be someone who knows how to get rid of the people behind this share as I don't but it's plain to see the CEO and the people behind him are doing us the share holders no good.
Posts: 9,752
Off Topic
Opinion:No Opinion
29 May '16
Yeah no news or activity, it's a waiting game!!!

Share Price, Share Chat, Stock Market news at
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at

Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.