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Red Emperor Resources (RMP)     

mikegr - 21 Jul 2011 18:07

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.

Chart.aspx?Provider=EODIntra&Code=RMP&Si

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.




dreamcatcher - 04 Nov 2011 14:53 - 249 of 836

Red Emperor Resources NL
Final Results




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

dreamcatcher - 05 Nov 2011 08:39 - 250 of 836

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.

dreamcatcher - 11 Nov 2011 13:52 - 251 of 836

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

grannyboy - 11 Nov 2011 15:10 - 252 of 836

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

dreamcatcher - 11 Nov 2011 15:37 - 253 of 836

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

grannyboy - 11 Nov 2011 16:46 - 254 of 836

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

dreamcatcher - 11 Nov 2011 16:52 - 255 of 836

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.

gibby - 11 Nov 2011 21:37 - 256 of 836

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

dreamcatcher - 11 Nov 2011 22:17 - 257 of 836

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

dreamcatcher - 14 Nov 2011 05:54 - 258 of 836

Up 13.90% on the ASX

dreamcatcher - 14 Nov 2011 15:56 - 259 of 836

Good day up 19%

dreamcatcher - 14 Nov 2011 17:28 - 260 of 836

up 12% at the end of trading.

gibby - 15 Nov 2011 09:07 - 261 of 836

:-)))))

gibby - 15 Nov 2011 09:10 - 262 of 836

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

dreamcatcher - 15 Nov 2011 14:51 - 263 of 836

Starting to recover

ptholden - 15 Nov 2011 19:10 - 264 of 836

I wonder why?

Georgia didn't sound too promising from the last RNS and nothing much happening in Puntland either, although will spud sooner rather than later.

dreamcatcher - 15 Nov 2011 19:19 - 265 of 836

ptholden can I ask you a question, Off topic. If a share is said to re-rate. Does this happen without investors purchasing in say large volumes. For instance on asset value or good news or bad. I guess a re-rate can mean up or down. I have heard investors saying a share will re-rate.

dreamcatcher - 15 Nov 2011 19:29 - 266 of 836

Puzzling why no news or leaks. Investors on the boards just guessing the outcome of the drill. My view if it was a pa, why not announce it and move on and calm investors.
Can only wait for the news. They may leave it for now and return at a later date, who knows.

ptholden - 15 Nov 2011 19:33 - 267 of 836

DC - Like many terms in the BB lexicon, re-rate is an over used term. Generally, something has happened to a stock that dictates the SP is under or over-valued and is therefore due a re-rating. The cause could be anticipated increased profitability, in creased oil reserves, new customers or anything positive that the market has been slow to recognise. Re-rating isn't necessarily stock specific, it could also be a whole sector that has for some reason been under-rated. Sectors move in and out of favour, builders haven't exactly been especially popular for a few years.

As I said at the outset, the term is often used as a simple opinion without any evidence to back it up. I could say BLVN is under-rated and due a re-rating, but until they prove up oil reserves, then it's a worthless statement and quite frankly, just a ramp.

dreamcatcher - 15 Nov 2011 19:38 - 268 of 836

I appreciate your comments and help thank you ptholden.
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