Member Info for oilriches

Just in

Georgia and sc55. I am only interested in new ventures :-)

Going on. Cash value is 1.5p so that's the underpin

Price 1.16p

Now then

Should be 1.5p on cash alone....if we get activity again it could be an easy 3-4 bagger from here

Well said thai

You are and a poor investor!!!

BigJr...give up share dealing

I think he will pull a rabbit out the bag but I am sure some of the bod will get thrown out this year. I noticed the move in that today

Thai, I have linked up with 3 other holders who represent over 9% of the current shares in issue. At some point they will get fed up and push for a change of bod. I am 100% certain that the bod who are up for election in November are in big trouble.....the non exec was very close to getting thrown out end of last year

Given the choice it would be years for him. its a joke when the cash position is now £6.2m

Easily break 1p today with currency weakness in the pound

Minden apart from the unknown wait for activity they have £6m in the bank with no debt which is equal to 1.45p a share. Rmp have no debt and cash burn is minimal at circa £500k pa. Georgia is going to be disposed of which will bring something back, if not it will be requlinquished. Sc 55 on the cinco prospect will be interesting for future years as the Phillipines plans to replace gas reserves. If (big if) Rmp deploy some funds in this low oil price environment on new assets, we can expect a return to the previous 4p , 5p value in the future, subject to an oil price recovery. As gambling on shares go this offers a great risk v reward ratio. What are your thoughts?

God knows mate....I can see the link with otto. Do u still hold mate

We will see what or where the money is invested. History says the company is a no brainier to buy at these levels......lets see if I'm correct year end

In vast , Rmp and new now. I am not buying any other companies at the moment as I have no funds. It won't be long until these are 2p + again

It's coming at some point. Rmp are in a great position now oil companies are feeling the squeeze...Aussie dollar also gaining strength

U would have thought rmp are stepping up to find a deal. a 20% stake in a multi billion barrel prospect would stimulate interest here

Agree that the bod at red emperor have not been too worried about shareholders. I for 1 won't be waiting years for the next venture or activity. If nothing happens by November let's vote these lot out. I already have support of 8% of the shares in issue by 3 investors and this is just a back up if the current bod do nothing in a company making environment for companies with cash