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Red Emperor Resources

RMP journey to 20p +

(ASX & AIM: RMP)
Informed Discussion. No ramping. No deramping.

RMP journey to 20p +

Post Thu Jul 09, 2015 12:36 pm

about 5m shares BUY trade yesterday, worth £250k. someone really accumulating.

i feel within weeks, many will be jumping to RMP ship.
londonz
 
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Re: RMP journey to 20p +

Post Thu Jul 09, 2015 12:51 pm

londonz
 
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Re: RMP journey to 20p +

Post Thu Jul 09, 2015 1:23 pm

Re RMP you've got over margined pi selling cause of xtr/mnc share price dropping
They can't cover the funding
Overthebridge
 
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Re: RMP journey to 20p +

Post Thu Jul 09, 2015 2:02 pm

londonz wrote:
> nice piece:
>
>
> http://catalysthunter.com/oil-gas/rmp/1 ... /20150505/

Londonz
You have ramped a fair bit of crap in the last year - BHR and ROSE to name but two. Why do you find the need to post two almost identical ramps on RMP within 30 mins of each other.
What is your agenda? Are you simply trying to ramp up the price or with your history give RMP the kiss of death??????
Nedkellylandau
 
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Re: RMP journey to 20p +

Post Thu Jul 09, 2015 2:09 pm

like i said, if you find my post is crap, then no need to read about it. are you aware that i am also ramping RRL?

if you find RMP (and RRL for that matter) is crap, then dont buy.

you are not child anymore that cant make your own decision
londonz
 
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Re: RMP journey to 20p +

Post Fri Jul 10, 2015 1:16 pm

RMP

above 5p now. farm in approval is confirmed? news next week?
londonz
 
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Re: RMP journey to 20p +

Post Wed Jul 15, 2015 12:43 am

otto financials out and presentation for 17 July

All going as planned with exception that appears mobilisation of maersk venturer is now 30 July when I think it was around 27 July when first announced. No big deal though.

http://www.asx.com.au/asxpdf/20150715/p ... 28qbqt.pdf

Suggestion that Bandy is London tomorrow to do a presentation so given otto has just posted this presentation it may be an unlikely coincidence. Maybe they will announced final farm in and approvals tomorrow at presentation

Fubs
FUBAR@Birth
 
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Re: RMP journey to 20p +

Post Wed Jul 15, 2015 12:45 am

Nope my error

Just checked and initial rns said 31 July to mobilise so no change and all on track. Apologies

All good then, we now need final approvals and its full steam ahead.

Fubs
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Re: RMP journey to 20p +

Post Wed Jul 15, 2015 10:01 am

excellent Fubs

seems we are starting to motor now. farm in confirmation will get those on the sidelines to join in.
londonz
 
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Re: RMP journey to 20p +

Post Wed Jul 15, 2015 7:24 pm

Nice vid clip today by Bandy

All paperwork in with govt and the fully anticipate approval within the week to start drilling and even have caveat in contract to renogotiate directly should approval not be given but they are not expecting any problems.

Georgia up for sale and in talks with few partners, punt land dead and buried.

Great lets just get on with Philippines then
FUBAR@Birth
 
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Re: RMP journey to 20p +

Post Wed Jul 15, 2015 7:52 pm

Rmp Mk vs Otto? Is Otto not the better buy ?
Overthebridge
 
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Re: RMP journey to 20p +

Post Wed Jul 15, 2015 8:09 pm

Overthebridge wrote:
> Rmp Mk vs Otto? Is Otto not the better buy ?

Meanwhile over on the RRL board you're suggesting a shift to RMP? Would have thought that Otto on ASX only would make harder to trade too.

Invested in both RMP and RRL.
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fatJock
 
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Re: RMP journey to 20p +

Post Wed Jul 15, 2015 9:11 pm

FWIW, I think over the next few weeks RMP is the better prospect...
Franconia
 
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Re: RMP journey to 20p +

Post Wed Jul 15, 2015 10:15 pm

Just keep grounded on this no matter what.

This is a punt, nothing more. It's not a certainty and it will be up to you to decide whether to jump ship early or take risk and hope for the mother load.
FUBAR@Birth
 
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Re: RMP journey to 20p +

Post Wed Jul 15, 2015 10:31 pm

Fubs,I'll be out before end of drill I expect perhaps leaving a marginal free carry.

If they hit the expected gas pocket and announce before result of primary oil target then it'll no doubt go a bit crazy.
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fatJock
 
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Re: RMP journey to 20p +

Post Wed Jul 15, 2015 11:03 pm

Bandy normally only comes over here to suck cash from ii's, so either here comes the pump to let them offload it first or here comes the pump for the Perth boys to trade...

Or, here comes the pimp to show him a good time...
Diamond Don
 
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Re: RMP journey to 20p +

Post Wed Jul 15, 2015 11:14 pm

Don, there's no doubting that this will cause some interest and if Bandy milks it fair play.

If you suspect a pump then put your money down like the rest of us. I'm long past expecting real results on AIM when it appears those who are successful predominantly ride the hype.

I won't make the same mistake as Punty :)
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fatJock
 
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Re: RMP journey to 20p +

Post Thu Jul 16, 2015 6:22 am

I'm already in Jock, and if the mcap goes even half as high as it did during the Puntland drill then happy days!

DD
Diamond Don
 
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Re: RMP journey to 20p +

Post Thu Jul 16, 2015 9:53 am

Greg did say in that presentation that he is looking to do another deal (ie to acquire a new asset). one reason he is in London also perhaps he is discussing/finalizing the new deal? he is well aware should hawkeye became dry well (unlikely, as gas is almost confirmed in 3D), and the fact that puntland/georgia are out, then most likely he will confirm another new asset shortly.

anyway, here me just hoping (and Ned will say I am ramping it !!)
londonz
 
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Re: RMP journey to 20p +

Post Thu Jul 16, 2015 10:50 am

from Agona LSE from investor meeting with Greg yesterday:

http://www.lse.co.uk/shareChat.asp?page ... 1#11854179

Promise I will put something more detailed up later today.
In short it was very simple, we are extremely confident of gas - the big question is whether it is water or oil underneath. If it is water every GO will be sacked in OTTO.
This is a company maker for RMP as well as Otto.
Shell have a big interest and if we hit oil RMP will be considering substantial offers.
PNOC - still confident but not essential this drill will happen either way.
Georgia - still ongoing disputes but we may come out unscathed and a bit of money which will aid the coffers.
londonz
 
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Re: RMP journey to 20p +

Post Thu Jul 16, 2015 12:54 pm

Here is another video with bandy http://www.proactiveinvestors.co.uk/com ... -3948.html

He says they are looking at other projects and are in data room of a couple of companies now
LondonCharlie
 
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Re: RMP journey to 20p +

Post Thu Jul 16, 2015 4:52 pm

Decent finish today folks... 5.03p...

looks like another blue day tomorrow!! 2 weeks to spud... not long to go now

best regards
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Fantasy
 
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Re: RMP journey to 20p +

Post Thu Jul 16, 2015 6:09 pm

Signs are there for a stab at 6p in the coming days.

DD
Diamond Don
 
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Re: RMP journey to 20p +

Post Thu Jul 16, 2015 9:12 pm

DD - good to see your here mate....

Where do expect to see this go during drill? :)

Best Regards
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Fantasy
 
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Re: RMP journey to 20p +

Post Sat Jul 18, 2015 9:54 am

Fantasy
I think the best gains will be pre-spud, I'm anticipating up to 10p, maybe more. If the hype goes ballistic during drilling then it might go mental but I'll be aiming to top-slice heavily pre-spud.

Here's Zak Mir latest voodoo prediction: http://www.shareprophets.com/views/1360 ... ed-emperor. He's expecting 7p in a couple weeks, likely more.

Cheers
DD
Diamond Don
 
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Re: RMP journey to 20p +

Post Sun Jul 19, 2015 1:09 pm

Thanks for sharing your views DD - good luck....

Best Regards
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Fantasy
 
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Re: RMP journey to 20p +

Post Fri Jul 24, 2015 11:05 am

FARM IN CONFIRMED - RNS
londonz
 
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Re: RMP journey to 20p +

Post Fri Jul 24, 2015 11:15 am

That's a good Friday news :)
Let's hope it can resuscitate my portfolio a bit...

TITM
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TraderInTheMaking
 
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Re: RMP journey to 20p +

Post Fri Jul 24, 2015 11:37 am

excellent day for me . both JLP and RMP about to multibagger this month :)

happy days
londonz
 
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Re: RMP journey to 20p +

Post Sun Aug 02, 2015 6:04 pm

Good luck to all RMP holders. I feel this is my chance to wipe out some of my losses in RRL.

Regis
Kam
 
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Re: RMP journey to 20p +

Post Mon Aug 03, 2015 7:45 am

Red Emperor Resources NL
Drilling Update
3 August 2015
Red Emperor Resources NL (“Red Emperor” or “the Company”)
DRILLING UPDATE – HAWKEYE-1
Red Emperor Resources NL (ASX | AIM: RMP) provides the following update with respect to the drilling of the Hawkeye-1 exploration well, offshore Palawan Basin in the Philippines.
The Hawkeye-1 exploration well was spud at 1610 hours (AWST) on 31 July 2015. The 36” conductor was run to 1,906 metres and the 26” hole subsequently drilled to 2,449 metres. The 20” casing string has been cemented in place.
The forward plan is to connect the blow-out preventer to the wellhead and pressure test before commencing to drill the 17 ½” hole to just above the primary target reservoir.
Red Emperor will provide the next update to the market in a week’s time with the primary target reservoir expected to be intersected in approximately 2 weeks.
For further information please visit http://www.redemperorresources.com/ or contact:
Red Emperor Resources:
Greg Bandy +61 8 9212 0102
Grant Thornton UK LLP (Nominated Adviser):
Philip Secrett, Jen Clarke, Jamie Barklem +44 20 7383 5100
SC55 is located in the southwest Palawan Basin and covers an area of 9,880km2. It is a deep-water block in the middle of a proven regional oil and gas fairway that extends from the productive offshore Borneo region in the southwest to the offshore Philippine production assets northwest of Palawan. The Hawkeye prospect was identified on 2D seismic in 2007 and further defined with a 600km2 3D seismic acquisition in late 2009. Hawkeye contains a 'Best Estimate' STOIIP of ~480 MMbbls of oil and a 'Best Estimate' Gross Prospective Resource of 112 MMbbls (RMP net 14.3 MMbbls) (refer to the Company's announcement dated 2 March 2015).
TONY THE TIGER
 
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Re: RMP journey to 20p +

Post Mon Aug 03, 2015 9:18 am

AIM definitely a different beast now

Spud out and mm drive price down below placing when previously it would have been way up. I am thinking that with them saying next update now approx 2 weeks away they will have their fun with this share pushing it up and down a bit skimming off their cut what investors worry if this is or isn't the push up or God forbid down.

If drill does go according to plan then I think it is still a case of when not if this sp will start heading northwards but it's a guessing game as to when.

Gl anyway all those holding

Fubs
FUBAR@Birth
 
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Re: RMP journey to 20p +

Post Mon Aug 03, 2015 4:34 pm

looks like oiler is out of favour, but still not expecting RMP to be sub 4p. and miners which has cash are now "in the favour" (eg JLP, XTR).

hopefully we will get positive news on the drill and sp will rise back up.
londonz
 
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Re: RMP journey to 20p +

Post Tue Aug 04, 2015 8:32 am

This will be sub .50 on dust guys be careful
Overthebridge
 
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Re: RMP journey to 20p +

Post Tue Aug 04, 2015 10:22 am

Overthebridge wrote:
> This will be sub .50 on dust guys be careful

Broxy how do you work that out? That's less than cash in the bank.
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fatJock
 
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Re: RMP journey to 20p +

Post Tue Aug 04, 2015 11:54 am

Broxy sold RMP, hence he is in deramping mode.
londonz
 
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Re: RMP journey to 20p +

Post Tue Aug 04, 2015 11:54 am

Broxy

are you in JLP by any chance?
londonz
 
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Re: RMP journey to 20p +

Post Tue Aug 04, 2015 11:55 am

Fj just the way I think the market will see it mate!
Look at 88 energy market value and how much cash avalble 50 million
Overthebridge
 
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Re: RMP journey to 20p +

Post Tue Aug 04, 2015 11:57 am

Londonz no mate I don't trust the twitter rampers !
Placing coming I think
Overthebridge
 
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Re: RMP journey to 20p +

Post Tue Aug 04, 2015 12:18 pm

dont want to say anything. but directors took shares at 5p. gbp 5m cash coming this week after egm. and another 5m cash coming when mining licence is approved. bank financing also about to be signed off.

so, yes, no placing.



=====
Londonz no mate I don't trust the twitter rampers !
Placing coming I think
londonz
 
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Re: RMP journey to 20p +

Post Tue Aug 04, 2015 12:19 pm

sorry for posting on JLP here.

anyway, RMP sniff of gas, maybe as soon as next week. sp too low for RMP due to oilriches sold his stake in RMP (in LSE BB)
londonz
 
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Re: RMP journey to 20p +

Post Tue Aug 04, 2015 2:18 pm

Lol Londonz - all a game.

Broxy - even without any action RMP was above cash. Cmon now, first whiff of gas and you'll be pumping it to high heaven :)

As for 88's $50M - thats an LOI for funding having just had a cursory glance, not cash in the bank.
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fatJock
 
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Re: RMP journey to 20p +

Post Tue Aug 04, 2015 5:29 pm

Overthebridge wrote:
> This will be sub .50 on dust guys be careful

Where you advising this when you were in with a couple of million at 1p or so and encouraging others to follow suit?

The pump and dump, daily repetitive postings, often to yourself, and the nice rise to 5p has been great, now the reality is kicking in for the green newbies who are left holding the bag......whilst you unwind your position.

I got to hand it to this sort of operation, it beats INVESTING.

The city I am sure would be proud.

lol...got to laugh.
AdeMcG
 
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Re: RMP journey to 20p +

Post Wed Aug 05, 2015 5:01 pm

All I'm saying is this is very risky at this stage
Overthebridge
 
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Re: RMP journey to 20p +

Post Thu Aug 06, 2015 9:27 am

RMP Moving up now. get in broxy .,...
londonz
 
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Re: RMP journey to 20p +

Post Mon Aug 10, 2015 7:17 am

Red Emperor Resources NL
Drilling update - Hawkeye-1
DRILLING UPDATE – HAWKEYE-1
Red Emperor Resources NL (ASX | AIM: RMP) provides the following update with respect to the drilling of the Hawkeye-1 exploration well, offshore Palawan Basin in the Philippines.
The Hawkeye-1 exploration well was spud on 31 July 2015 and since then operations have run smoothly with the Joint Venture experiencing excellent performance from both the rig and service companies. After the installation of the 36” conductor at 1,906m the well was drilled (26”) and cased (20”) to 2,449m. Installation and testing of the blow-out preventer (BOP) has been completed, along with the 17 ½” hole to 2,664m. Current operations involve the setting of 13 ?” casing in anticipation for drilling the 12 ?” hole to the primary target reservoir.
Red Emperor will continue to update the market with respect to the drilling operations in conjunction with the JV after target depth has been reached.
For and on behalf of the Board
Greg Bandy
Managing Director
SC55 is located in the southwest Palawan Basin and covers an area of 9,880km2. It is a deep-water block in the middle of a proven regional oil and gas fairway that extends from the productive offshore Borneo region in the southwest to the offshore Philippine production assets northwest of Palawan. The Hawkeye prospect was identified on 2D seismic in 2007 and further defined with a 600km2 3D seismic acquisition in late 2009. Hawkeye contains a 'Best Estimate' STOIIP of ~480 MMbbls of oil and a 'Best Estimate' Gross Prospective Resource of 112 MMbbls (RMP net 14.3 MMbbls) (refer to the Company's announcement dated 2 March 2015).
TONY THE TIGER
 
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Re: RMP journey to 20p +

Post Mon Aug 10, 2015 12:59 pm

So far so good
FUBAR@Birth
 
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Re: RMP journey to 20p +

Post Tue Aug 11, 2015 1:44 pm

And still the sp spirals downward. Any guess where it might stop? My initial guess is 2.75p as this is previous resistance and also a fib target from the recent high.

Anyone have opinion on what is happening? Surely not all pi money unwinding from the pump from 1.15p to 5p ?
AdeMcG
 
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Re: RMP journey to 20p +

Post Tue Aug 11, 2015 1:50 pm

To be honest, I never expected this one to drop back sub-3p pre-results.
Let's hope the drill result will be a positive one...

TITM
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TraderInTheMaking
 
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