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.

hi dc - these delays for me with my trading hat on are music to my ears - we are ticking down to the news rapidly now - bargain basement again here lol - considering some action tomorrow - hope not too late and rns not already out early!! long term my stance and holding is unchanged - but just cant afford to miss these great opportunities - and if the same come friday i.e. no rns this side of the weekend - guess what ..................... i WILL NEED MORE RMP lol and i would not wanna be outta rmp this weekend come monday morning!!! LOL

i would not be surprised to see nicely blue leading into the weekend - yeeeeeeeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

Investors seem to have taken their positions, for the news due. No great sell off or buying.

http://moneyam.uk-wire.com/cgi-bin/articles/20111028104843PB187.html

i must have been dreaming today - i am sure i saw some blue here today at some point?! well that didnt last too long - wonder what caused that flash in the pan?!

anyhow just a waiting game here and as you say dc i believe most of us have already taken poitions and some like me also trading this one gl

having said that low level buy demand right now could cause that - so not that surprising really

You did, not for long. lol

Red Emperor Resources NL
Final Results




http://moneyam.uk-wire.com/cgi-bin/articles/20111104123649PDC6B.html

If a p and a is announced (i do say if) I can see the sp falling below 10p. With funds having to be raised, I am sitting tight. Just watching before I press the buy button.
If all comes good may miss the boat or collect some very cheap shares.

Up 13.33% Wonder why. Has there been a leak?

dc "Has there been a leak?", if there has been then someone should tell RRL!!..

Got my average down today grannyboy. Should have a light next week, to see where
we are going.

Well dc news is late coming from T&T, so will we get some next week??..

I think they are waiting for the Puntland news and then we will be fed the other news into the rise. (Georgia news, who knows if good or bad) should be lost then in other good news and of course TT.

hi dc - i expected this to head north today and it did - which is good news - t&t would expect good news but probably not quite the same sp impact as news from the other areas we all well know and hope for - been concentrating effort elsewhere this week and keeping a random eye here & rrl, and anything related - the patient will reap imo - gl and have a good weekend

Good weekend gibby, Still do not know why the rise, no complaints though.

Up 13.90% on the ASX

Good day up 19%

up 12% at the end of trading.

:-)))))

recent days epitomise the advantage of having less shares in circulation - not many selling but lots of buyers supply and demand - rrl different because so many more in circulation gla