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1.7¢ red emperor resources nl

Ann: OEL: Winx-1 Drilling Update, page-61

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Bruno11

49 Posts.

3

13/03/19

14:00

Post #: 37747323
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Originally posted by Astral: ↑

CR is capital Raising... getting funding to carry on by create more shares means dilution , lower price, cheaper shares , great for averaging down paper losses if bought high. (better than selling and losing real money). RMP has interest in south east asia oil n gas so not all is lost. sp rose up in anticipationof oil discovery in winx1, but sp will level off , RMP only just started probing Alaska, hence its called Winx 1, there will be 2 , 3 ,.....etc until we hit commercial sized oil. all IMO, DYOR

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thanks, so CR itself is not an issue, it is part of solution, may be it will be good for long term investment

RMP Price at posting: 2.1¢ Sentiment: Sell Disclosure: Not Held
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