Red Emperor Resources (RMP) is an ASX and AIM listed natural resources exploration company
with interests in the frontier state of Puntland, Somalia and the Republic of
Georgia.

* In Puntland, Red Emperor holds a 20% working interest in two licences
encompassing the highly prospective Dharoor and Nugaal valleys. These two
exploration areas cover over 36,000km2. The first well in a two well
programme spudded with drilling also commenced on the second well in
January 2012 targeting 300mmbls and 375mmbbls of best estimate Prospective
Resources (100% basis). Site construction has commenced on the second well
with the setting of the 30 inch surface casing and the drilling of a 50
meter pilot hole in readiness for spudding following the completion of the
first well.

* In the Republic of Georgia, Red Emperor has a 20% working interest in
onshore blocks VIa and VIb, covering approx. 6,500km2. Joint Venture
partner Range Resources Limited (ASX: RRS | AIM: RRL) previously funded a
410km 2D seismic program with independent consultants RPS Energy
identifying 68 potential structures containing an estimated 2.045 billion
barrels of oilinplace (on a mean 100% basis) with the first (Mukhiani-1)
of two exploration wells having spudded in July in 2011. Re-interpreted
seismic supported by the Mukhiani-1 vertical seismic profiling has
identified new fault and stratigraphic trapping potential with the
possibility of a side track well to be drilled post additional seismic in
2H 2012.



As at 8th March 2012, the Company has 206,681,755 ordinary
shares in issue. The Company holds no shares in treasury and each share carries
one vote. This figure may be used by shareholders in the Company as the
denominator for calculations by which they will determine if they are required
to notify their interest in, or a change to their interest, under the
Disclosure and Transparency Rules.

Had a top up here today. As these will move faster then rrl with the news due.

21.38p lowered my average. Just wait now.

hi dc - as you know in large here and rrl - i am hanging fire - i expect good news next week but i am balancing my greed with other options - so hanging fire for the moment - i agree this is a bargain - and to be honest despite global turmoil i cant see rmp going wrong - this is a short term panic worldwide - in the circumstances rmp is doing fine - opportunity knocks!!

152 - yes indeed lol!!

Agree g

but i sure am not selling any - i can wait thankfully!! i am very tempted to buy more - see what tomorrow brings - as I NEED MORE OF THESE!!!!

Talk of they will need to raise not sure if 30M$ or pounds. Lets hope they drop for you at 8am then recover and start to rise pre news. A lot of money is being placed here to return to RRL on a rise.

Just looking at those two late trades 260k, 5ook, not sure if buys or sells?

lol yes the dts - buys i believe - gl

Lets see the MMs with no shares for the demand and the sp rise then, bring it on.

Only 147,616,114 shares

Purchased mine through Halifax today and had to wait.

http://redemperorresources.com/irm/ShowStaticCategory.aspx?CategoryID=24&HideTopLine=True&masterpage=5

There is talk MMs are getting short of stock.

Starting to recover, news now next week.

the storm created by global data and the mass panic has created perfect buying conditions here and elsewhere - nerves of steel required - absolute resolve will win out as markets will correct upwards in time

Save some for other investors gibby.lol

lol - i NEED SOME MORE RMP!!!

i would not want to be out of rmp next week!!!

Should be a good week with investors taking a position that have not already.

Wonder if TD will be into October. Due to the slow progress at the start of drilling.
If they have or gone through 2500 mtrs it would be a market push to hear of some hydrocarbons.

If we hit oil, Im thinking this will not have to dilute by much to fund future drills.
A lot of interest on the boards about this share now. This must start to move next week.