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Red Emperor Share Chat (RMP)



Share Price: 3.45Bid: 3.40Ask: 3.50Change: -0.45 (-11.54%)Faller - Red Emperor
Spread: 0.10Spread as %: 2.94%Open: 3.55High: 3.55Low: 3.40Yesterday’s Close: 3.90



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Kiwi_
Posts: 7,262
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:4.20
View Thread (4)
RE: Really useful
Mon 07:29
I'm going by the following from the 30 July RNS

'Red Emperor intends to update the market weekly on the progress of operations.'

Plus rumors could easily slip out in the meantime the moment they start nearing any potential gas target.
 
russty
Posts: 812
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:4.20
View Thread (5)
RE: Re, two weeks
Mon 07:26
That's better
mindshadow
Posts: 7
Off Topic
Opinion:No Opinion
Price:4.20
Rumours
Mon 07:15
I guess the rumours will soon come into play with potential finds over the next 2 weeks given the recent otto rns! Exciting times
Diver169
Posts: 1,104
Off Topic
Opinion:No Opinion
Price:4.20
View Thread (5)
RE: Re, two weeks
Mon 07:13
Correct, my professional opinion from the facts in the recent RNS's
GLA
Hoodwinker
Posts: 1,697
Observation
Opinion:No Opinion
Price:4.20
Hoodwinker
Mon 07:12
Comedian Alert?
russty
Posts: 812
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:4.20
View Thread (5)
RE: Re, two weeks
Mon 07:07
Not necessarily Diver169 that's just your opinion
Diver169
Posts: 1,104
Off Topic
Opinion:No Opinion
Price:4.20
View Thread (5)
RE: Re, two weeks
Mon 06:57
I'm not so sure the gas is relevant. They state this is a oil play with a FPSO and tanker offload, the same setup I work on in Africa for a major. The gas is used to re inject into the well and also burnt off. There is no infrastructure to take the gas onshore.
Just my thoughts, I'm sitting tight for two weeks, if we get any news before then it will be bad news!
GLA
oilriches
Posts: 6,758
Off Topic
Opinion:No Opinion
Price:4.20
asx price
Mon 06:24
0.90 in aus is equivalent to circa 4.22p
MrPhysic
Posts: 162
Off Topic
Opinion:No Opinion
Price:4.20
View Thread (4)
Really useful
Mon 04:53
It helps with today's RNS stating the 2 week wait. It takes a lot of the uncertainty out of the equation. Will really help people decide when to buy in or top slice accordingly. Of course it might have a muting effect on the SP this week but .....(and I'm sure we've heard this next sentence many times before)....things should start getting interesting towards the end of next week.
Bmac
Posts: 423
Observation
Opinion:No Opinion
Price:4.20
View Thread (5)
Re, two weeks
Mon 02:50
It looks like we are about 500mtrs in already and now cementing the casing to this depth. If that is the case then we will be at the top of the gas section within in a couple of days after this work is complete. From the way the RNA is worded it looks like they don't intend to update us on any gas hit on the way down. Disappointing if we don't get anything further for another two weeks. Will e-mail Matt Allen and try to get some clarity on this. Bmac.





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