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Will only take a small amount of buy's to get this moving again.
This is obviously the bottom price now so it's all up from here.
Just a bit of positive news in the horseshoe-1 and stony hill-1 areas where it's know there's oil all over that area.
I hope we'll find out soon.
Gla.
priced at cash now. Hay UKOG.... want to buy RMP with the £3.5m u just raised and get £3.2m cashback.....
Possibly accountants , solicitor or broker but most likely accountants to all of them
.....
My post has been reported and removed apparently...And that tell's you all you need to know about what they want to see on here..
What happened to this mornings sensible posts from renroc? did Degsy report him for stating the truth lol
probably because they are very small companies that dont need office space. if you look at what RMP actually do it's just raising money and farming into stuff. They dont have a large number of employees
Can anybody tell me why the following companies use the same address
as Red Emperor Resources;
Level 1, 35 Richardson Street, West Perth, WA 6005, Australia
SRK Consulting
h**ps://**w.srk.com/en/contact-us/ww-office-map
Auris Minerals
h**ps://**w.aurisminerals.com.au/contact/corporate-directory/
Austrailian Leisure Equity
ht**://**w.alequity.com.au/
Fin Resources
h**p://**w.finresources.com.au/contact-us/
All reside at Level 1, 35 Richardson Street, West Perth, WA 6005, Australia
If you check the companies management for most of the above, you will see a lot of RMP,
present, old and new employees.
Do they share telephone, photocopier?
Noticed also that the building itself at this address is full of explorers
in oil, gas and gold. Each and everyone I think.
The ex employees who are the management in Fin Resources, even
have a company on the ground floor of the building ie
h**p://odinmetals.com.au/contact-us/ ie Odin Metals
Wonder if any of these explorers in this buildding have hit any paydirt yet.
1Big why tell us lol,
Your be lucky,
See you in here at 0.5 then.
Goodbye.
...having nice little 10% rally
nothing likely to happen for at least a year . sold at 0.77 for a small loss. will consider buying a few back once it goes under 0.5 p
…..than sellers.. 13.5m V 6.2m ...many tucking these cheap shares away for the months ahead....good move imho.
Sounds like your Puntland average is even worse than mine mate..lol Still we live in hope,personally and it's just my opinion i cant see this rising very much if at all and at some point they will have to raise cash which with oil exploration currently friendless will mean a discount,so not sure this is the bottom just yet..But i agree if your happy to wait then it will make you money from here...Just not for a while..
if you want to leave it in for a year then possibly yes.
I might hit my puntland 20p average in a year when they drill winx-2, dont forget though they might might decide after looking at the data not to drill!
you would be pretty much in at the bottom though if you wanted to wait and take the risk lol
I didn't buy in at 1.4p - then watched the price head to 7p before crashing to this level! Where next and is it worth having a few shares at this price?
Repsol believes the covered 3D area of interest to date extends to the the ready of the license area bring it yet closer to horseshoe.
They will no doubt be negotiating the cost of 3d seismic with rmp and relevant party's as we speak...
Last week 88 Energy acknowledged that a new 3d seismic survey was going to made by owner's of leases to the south of the Winx well.Looking into this further I see this survey also includes the 4 leases that Rmp/88 Energy are exploring.My question is ,does any new information gained get shared between operator's?
Is that aimed at me Mannan,if so I've been invested here since Puntland drill many years ago..
if you are not interested why keep posting here ? go and ramp where you invested simple as that
Reg everybody is entitled to there opinion but it annoys me when people try to manipulate others,with respect to them they either don't know what they are talking about or are just trying to ramp to make a quick buck at others expence..
Fact is another drill will cost minimum off $6 million plus the costs evaluationg winx and further 3d seismic..Even if they do drill again if data supports it,that will be a minimum of 12 months away so there's the cashburn to add as well during that time...Those are the facts of the matter whether we like it or not and its best that everybody realises that..It is what it is and I'm sure there will opportunities down the line here but right now sadly it's going to take a decent period of time...
Renroc is giving a very honest opinion here. Degsy mannan etc are ramping this for all they are worth. Seen them on other boards they are a disgrace!
Deltalo..I'm sorry but that's just not true..There isn't anywhere near enough cash for future projects,there is enough cash for working capital only..Any future projects will require fresh financial input...
Restart and ready to speculate on what the prolific NS holds for us. We still have a hold on the prospects the NS can offer plus success reported at Panr yesterday ensures interest in the north slope is here to stay and we have cash in the bank and 33% of the Winx 3D mapped area.
10/15% profit taker done