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You're on this one?! Is this a good one to get into Monday morning?
Red Emperor Resources $RMP #LSE
twitter.com /Btradingschool/status/1228605653691904000
RMP only has circa. 500m shares...compared to most
stocks on aim that is nothing
My main stock on aim has 6.3billion shares.....
If there is a dilution, Greg has been very clever and
always dilutes at a much higher price
When is the next dilution?
And the next?
And the next?
Yes I think next week is quite likely for news
Thank you. I've had a quick read and it looks like last year's drilling didn't go that well with the well being abandoned and plugged. Is anyone aware of near term prospects for the company that might add value?
Atb,
Northern
the direction of the Red Emperor website. I'd like to do my own research but am not sure where their website is located and I cannot see it returned when I google it.
Atb,
Northern
I missed out here last time, was looking at COPL yesterday, never brought, missed out.
No way ami missing out on RMP this time.
Won’t have time to chase, on permit news and when the herd arrives, who knows where it will end up.
Monday took me a back, it went from 0.73p to almost 0.9p on a couple of trades. I added more then because of how fast this can move.
The actual approval at the latest will be around
end of February. However, assuming they have
applied for it earlier I would expect we would get
the communication on or around the 19th Feb
The permit runs until 19th Feb, with approval given around
10 days after. So with this date in mind at the latest
IMO I agree next week will start to see some serious
anticipation from investors and hence I expect the buying
pressure to build up next week .
Always expect the unexpected, this will really motor on a good RNS.
If any share can move it’s RMP, nice low number of shares
Keep up the positive SP posts Suhail.
Just a matter of waiting and sitting it out.
are they going to drill again?
For further details, please refer to the Company's announcement of 2 December 2019.
Alaska North Slope
"After purchasing additional regional 3D seismic data within the Western Blocks, the Joint Venture is still reviewing its plans to either reprocess / reinterpret the legacy 3D seismic data or seek to monetise the blocks. "
Roll on the news
Ive topped up here.
By my calcs puts us about level, looks like we are leading the way today...
Always another day Sohail.
Volume today is encouraging.
Cash £2.6m($AU5.1m) with interest in few projects, no brainer at these levels, news due soon Perth basin permit.
I have stated many times, I have a price target
and am happy to wait. I could have sold many times
and will not bother until this moves a lot higher.
Too much news to come
With very few shares in free float will move quickly either direction, rns this week should see it 1.5/2p min
Sold out of RMP a while ago but bought a small batch today...Positive news does seem very close now and i am expecting the sp to move back up very strongly..Seen a few small caps recently bring out positive news and they have mutipiled upwards in a short space of time....RMP's time is very close imo...today's rise is just for starters imo....all about timing with aim small caps
Noggers, I wouldn't worry about it, its steady at 22% and this will go north like a heat seeking missile on news....