Greg Bandy, Managing Director of Red Emperor Resources #RMP talks about the upcoming drilling of the “Winx” Prospect, located on the Western Blocks, North Slope of Alaska with operator 88 Energy.
Red Emperor Resources NL is an Australian natural resource exploration company listed on both the Australian Securities Exchange (ASX: RMP) and Alternative Investment Market (AIM: RMP). Red Emperor has oil and gas interests on the Alaska North Slope and in South East Asia.
(Interview starts at 33 minutes 32 seconds)
Expected to spud in FEB 2019 and he rates it as a 1 in 3 chance of success.
RMP easily offers the best leverage in to this play given the share of prospect size vs Market cap/ shares on offer.
The spec value differential is huge!
Good luck to All
V
RMP Price at posting:
5.3¢ Sentiment: Buy Disclosure: Held
