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Red Emperor Share Chat (RMP)



Share Price: 2.675Bid: 2.60Ask: 3.39Change: 0.00 (0.00%)No Movement on Red Emperor
Spread: 0.79Spread as %: 30.38%Open: 2.675High: 0.00Low: 0.00Yesterday’s Close: 2.675


Share Discussion for Red Emperor (RMP)


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SMTMH
Posts: 2,183
Observation
Opinion:No Opinion
Price:3.55
View Thread (2)
im not suprised
9 Jul '14
By lack of news. Georgia sale should hopefully be announced any day now and Punty is a long game
 
BrooksterKid
Posts: 285
Off Topic
Opinion:No Opinion
Price:3.55
Waiting Game
9 Jul '14
Still waiting for things to progress here. Surprised by the lack of news but hey ho it's AIM.
SMTMH
Posts: 2,183
Observation
Opinion:No Opinion
Price:3.55
last 2 trades are
9 Jul '14
My buys. C mon, anyone else having a go? :-)
SMTMH
Posts: 2,183
Observation
Opinion:No Opinion
Price:3.55
Linton
9 Jul '14
A few are saying the same that deal done. R m p hugely undervalued on Cash and Punty alone. Georgia sale could double price
Linton78
Posts: 525
Off Topic
Opinion:No Opinion
Price:3.55
RMP
9 Jul '14
previously posted here

worldstocks.co.uk/forum/viewtopic.php?f=3&t=10356#p89512

GG post (in another thread) indicated Range portion of 45% worth around up to 60m.
IF that is true, total Georgia will be worth = 60/45% = 133m

remember, Georgia is owned by:
RRL = 45%
RMP = 20%
Strait oil = 35%

so, as agreement in place, seller cant say they want to pay all to RRL and nothing to RMP /Strait oil. They will to follow the % above.

So, if Georgia is sold in total, then potential proceeds would be:
RRL = 45% = USD 60m (ie £35m, worth around 0.6p)
RMP = 20% = USD 27m (ie £16m, worth around 8p)
Strait oil = 35% = USD 46.(ie £27m)
Total = USD 133m
Linton78
Posts: 525
Off Topic
Opinion:No Opinion
Price:3.55
RMP
9 Jul '14
From ADVFN (RMP board)

you may think $130m is a bit fanciful ... but if its 1/4 that, ie $33m

that is still 2p a share for RMP, when its at 3.5p today

rumour on RRL thread is Georgia sale has progressed...

what do people think ?
Linton78
Posts: 525
Off Topic
Opinion:No Opinion
Price:3.66
View Thread (2)
RE: dubian
9 Jul '14
Fully agreed - he doesn't even respond yet alone speak to shareholders. A reason in itself to de-risk - but you can get away with this shambles on AIM for years!!
oilriches
Posts: 4,138
Off Topic
Opinion:No Opinion
Price:3.66
View Thread (2)
dubian
9 Jul '14
He is a disgrace as a leader. when i get the chance im voting him out!
dubian
Posts: 860
Off Topic
Opinion:No Opinion
Price:3.75
RMP
8 Jul '14
Well Gregg, you've no control on Georgia, Horn or the al Shabab Loonies running around Africa, so you best come up with a game plan B soon or we may as well jack it all in
Linton78
Posts: 525
Off Topic
Opinion:Strong Buy
Price:3.75
Georgia
8 Jul '14
How long do we have to wait... not even a recent update on this unless I have missed it !!



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