Member Info for oilriches

Ask paid

1.30p on the ask

Quiet here again....news needed

Lofty to be fair Rmp is managed well on a corporate level. I.e low overheads, cash in bank, no debt. The PR needs working on thou

Over the last 12 months we have seen the Aussie broker take 6.89% of the company and the uk broker take 6.47% of the company. The one that sticks out is Greg bandy the Director buying 3.66% of the company. Why now? And what has made him buy in? Obviously he must see this as the bottom of the cycle and probably a great opportunity to see a substantial rise with any sector upturn.

Lets hope we can build on this. with £6.5m in the bank vs a £5m cap, This is cheap! A typical cash shell on aim is worth £1m alone.

A great buy for a bounce today

Red Emperor reviewed a number of new opportunities with both its Australian and UK advisers respectively during the quarter. Whilst none of the projects reviewed resulted in a transaction, the Board remains committed to finding suitable new asset(s) to compliment the Company's current portfolio while oil & gas prices remain subdued.

At 16.13 at 1.04 is a buy, not sell. The reason I know is that it was my buy

Macminchus - know exactly how you feel. £6.7m in cash and the board know that shareholder are going to vote down Agm resolutions. Check the history on behaviour by Greg bandy on rns hints and when they happen. A deal is on the cards in the next month or so...

Hike - give it until November. I am sure the board are working hard on a deal.

A new deal will be announces before the agm in November....this is buying at the bottom

Same here hike - can u see 5p on a new asset?

Thai it looks like its time to change the board

It's all about Rrr at the moment for me

Are u still with us?

That's the bit that gets to me. He gets $180k plus from Rmp and a similar amount from orca energy. You need 400% to break even...do you see value at this price? Have you thought about getting the 5p average down? I am not so sure we will get to 5p again?!

James, I think it's October / November.....

Yeah u need nerves of steel at times but this will bounce back if we get a new asset

I also made some poor investments historically and had to wait to get my money back. Problem is puntland peak was circa 50p. I would be surprised if this ever sees 10p again. The upcoming AGM will be very negative for RMP if nothing happens