Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Probabl met the wrong bloke.
He's called Greg btw Phrontist...or did he tell you that was his brother!
We know the truth Bob unfortunately!
Bandy is an excellent sales man and con man imo ,
I have known others meet him and be fooled.
This man had two companies, one of which is RMP suspended on ASX due to inactivity of over three years.....
But kept drawing a large salary from both.....during those three years there was some of biggest oil prospects buying opportunities ever with the price of oil at 27 dollars.
He did nothing.
Carefully calculated time gaps between drills and just doing enough to look busy - until he pushed it to far and got suspended from ASX......you will never convince me otherwise although a good effort at trying.
I have met Bandy in London and had a 2 hour+ conversation with him.
Sugesting rinse-repeat, rinse-repeat is ridulous.
Bandy is an able and ambitious man. He wants RMP and himself to be successful.
He knows RMP alone is too small for most projects hence the Winx-1 group of 3+1
An interesting opportunity to get RMP's foot in the Alaska door....
It could have been very successful, unfortunately it failed.
If it was successful, major $$$
It was a marginal fail, due to water logged ground or something.
As regards rinse, rinse, ....this is an accusation with criminal suggestion.
No AIM or ASX Directors are so stupid to make a failure into a success for them by insider trading.
Or passing info onto relatives or mates etc.
The ASX and AIM Trading process is fully computerised.
All trades are EASY to track and investigate.
But no official investigation has been requested on ASX or AIM, as far as I know.
What is RMP's next move in Alaska?
Walk away, I doubt it.
Re-group for Winx-2? It is possible.
But new investigation 3D Seismic / computer processing is required on Western Blocks.
To see if a more appropriate drill spot could be successful.
Perhaps we should ask Derek Bandy what RMP's plans are for the next year in Alaska.
And what else the company is working on?
Phrontist
There's no need to worry here. Bandy is still drawing his salary and that's what this Company is all about. Bit more dilution in a while I shouldn't wonder. Those yachts don't buy themselves. All my opinion of course. I
I do have to laugh at new 'investors' moaning about LTH's being bitter. To keep doing the same thing and expecting different results is not the most intelligent thing to do.
I do think 0.3 is a good buy in target, it always seems to hit a new low just before Bandy announces his next long term income project.....may not be 2021 though as I think RMP suspension from Asx for inactivity caught him out last time, so I reckon late 2020........then new project announced , new investors saying on here how bitter and twisted old posters are and that this time it really is the big thing and how great Bandy is......rinse repeat, rinse repeat....lol
Oilriches, I’m guessing we won’t see you posting here again then before 2021 as there will be nothing for you to post about. Good luck with your investments elsewhere!
Still rolling I see.
Hey Oilriches,
I think id agree - Best wait for this to drift then start stocking up for the next drill. History certainly repeats it's self on this share. Its going to be a long wait.
And the next project will commence. Over the next 6 months it’s all cash burn on admin and exploration costs for 3d interpretation in Alaska and Philippines. This is very likely to fall into the 0.3s without any positive news flow
Definitely criminal activity back then...however any new announcements and it SP will double again....it's just a waiting game now
What happened with Twa**ergate, RMP's false tweet about oil? Was there any comeback on that, implying
one thing, which ended up being totally false?
Remember when this posted, the day of the results of the first no show
01/03/2019 - share price 1.43
https://twitter.com/RedEmpResources/status/1101443888525393920
for
https://www.lse.co.uk/rns/RMP/red-emperor-resource-alaska-operations-update-interim-drilling-results-icwjdwt94ezsk78.html
06/03/2019 - share price 6.20
"Total Depth of 6,800ft was reached on 3 March 2019, with multiple potential pay zones identified in the Nanushuk Formation Topset Play (primary targets) and Torok Formation (secondary targets)." - NOTE THE MULITPLE PAY ZONES
Seven days later this beaut;
https://www.lse.co.uk/rns/RMP/red-emperor-resource-alaska-operations-update-winx-1-final-report-tcr78o3cqwdjm95.html
eg
"Provisional wireline results indicate low oil saturations in the Nanushuk Topsets not conducive to successfully flowing "
From a scandalous "multiple oil shows" to "low oil saturations". Remember the implied the multiple oil shows were more or less in each zone. Multiple means in my eyes, fuc*** loads!
With such a way of wording in the RNS releases and back history, this company is dead.
They could come out with another RNS statement next project again with "multiple pay zones", but who the hell would believe them. Their reputation before was shot, even worse now, so expect these low share price for a while yet. Even
with a postive RNS, like say for example 06/03/2019, you would have to be mad to actual take it as gospel.
Noticed also that the RNS of 04/03/2019 didn't say "multiple oil shows" but 06/03/2019 did.
Obviously a bit of sexing up to pump the price up, for mates to get out at the top.
Share price on the 04/03/2019 was 3.60, with the RNS release which didn't add the "multiple oil shows", but the RNS which did have them lines added ended up 6.20
Fore!
erm, no. the drilling season in alaska is basically the winter so it will be something like Dec-Mar. therefore, going by the update the earliest we can expect to start drilling is Dec-20. on reflection it probably makes sense to take a year or so to evaluate all the data, but it would appear nothing is happening here any time soon, unless of course there is another project in the pipeline and the inevitable fund raise
I think that means possible drilling in 2020 or 2021, not 2020 leading into 2021 imo
"This will allow sufficient time for the JV to complete all required technical and evaluation work prior to the 2020/2021 drilling season" … so no Winx 2 drill early next year then - that made my day
https://research.commsec.com.au/LoadPDF?docKey=B64ENCeyJkayI6IjE0MTAtMDIxMjU2OTUtM1ZFUFVKRFVBUFFVOE1GM1JJMjRNNDNJSTIifQ==
Has some info re Winx
Undervalued today .
Best of
MM are soaking up the shares and even increasing the bid price on relentless selling.
I keep saying this over and over again....this stock is gonna rise...its being creeping up on sale volume !!!!.....I dont know why its gonna rise but for those who understand and keep an eye on the sp know what I'm talking about.
I haven't looked in on here for a while, but I see there's still the same old ramping going on.
Anyone who buys because of it need their bumps felt.
You'll be ok mate. You can always make more!
Focus on what really matters in life
I believe this is going up shortly....there is a RNS on it's way, which will spike the SP....just a gut feeling, but analysing the trades going through recently have been suspicious !!!!
This share is dead and buried .. I’m a holder but feel sick every time I look I lost 1000s
Me for one will buy more next week, this company has made me more cash on the aim casino than other company, cheap in my view, good luck all, and may I add am not a ramper just a humble postman with a eye for quick cash, dyor of course