Red Emperor Share Chat (RMP)

Nice rise again i see,steady as she goes,nearly news.gla

http://eastafrica-oil-gas.com/sog/

A date to keep your eye on

The market disagrees.

Georgia news came out in february followed by the Pump and Dump to 6.8p and here we are again back to
3p levels. Why? Georgia not good anymore?

The cash balance is basically meaningless as it is allocated on another HIGH RISK drill.

The time for smoke and mirrors has now passed.
No one can fault RMP about two failed drills.
The odds were always against success.

The cash balance doesn't provide much defensive cover either, because the market knows the company will
NEED MORE MONEY irrespective of whatever happens next.

With NO Puntland news until at least 2014 RMP will continue to drift lower apart from those spikes.

GLA :)

The rampers have arrived!!,dont you just love it when news is on its way!!,keep it up guys,the more you deramp the more i keep buying,perhaps the little gold mine Bandy put a few quid in may be added to his company soon,you appear to think we have no funding for further drills,lets just wait and see.gla

RMP's entire market cap is all cash in the bank. What planet are people on here? RMP have a drill in Georgia FULLY financed as well. There is absolutely no need to raise money and there expenditure is at a minimum.

Also Horn Pet has risen a lot over the last week and this will filter through to RMP.

RMP is an explosion waiting to happen. Once it starts rising it will do massive percentage gains as no asset value not speculation is built into the share price . Literally cash in bank and that's it!!!!

Pot kettle black. You suggest Rampers pumping this to get out of their locked positions. Whats to say you are not deramping this to scaremonger and shake down the PIs to sell so you can buy back in.

I really do not see your interest in this share. You post negative news in all your posts, Deramp in all your posts and when challenged (which I am doing just now, which you will ignore) if you hold shares here whats your avg, do you have any intention on buying/shorting etc.

Or are you hear just out of the goodness of your heart?

Don't you read RNS's? What do you mean RMP have no cash? In the last quarterly update RMP had $12.5 million at the end of March 2013. They had a cash burn of roughly $1.2 million for the first 3 months of this year.

RMP Quote 26th April 2013
Now the Joint Venture has formally entered into next phase of the Dharoor and
Nugaal Valley Production Sharing Agreements ("PSAs"), it is important to note
that Red Emperor has earned its 20% interest in the two projects and remains
fully funded for the current program.

To much risk and no news

RMP have no cash and will have to dilute ( massively IMO ) in order to drill again, if they ever do, so the share won't move like it did before ( due to more shares in issue )

How much money do RMP have ? How much are they burning doing nothing each month ? When do they plan to do something ? How much will it cost ? How will they meet these costs ? I'm sure there are perfectly good answers available from those suggesting this is a great buy ?

Here-We-Go-again - Horn ( HRN ) are listed on the CVE (Canadian Venture Exchange ) they are basically drilling the same holes in Puntland as RRL / RMP / AOI but have less than half the shares in issue ( at present ) compared to RMP. Try googling CVE:HRN and you can see them.... Very risky share though.....

RMP may still be involved in Georgia of course - you'll have to decide whether that's a good thing or not :) ?

GLA :)

This was RAAAAAMPED to hell across the bulletin boards.
Lots of more people are now trapped in after last pump and dump few weeks back and they are going to raaaaamp this even more - as they try to sell out now while trying to tell others to buy.

Prepare yourself not for apologies for raaaaamping the butt off of it right into bad news.......... no........... the pumpers themselves appears to be locked in and so expect much talk telling you "...to hold on, do not sell, keep holding, I am buying more, I am topping up...." when in fact these same people saying this will be offloading as much as possible with every news spike.

Going to be lots of speaking with forked tongue by the pumpers now - be warned.