RMP 0.00% 1.7¢ red emperor resources nl

RMP on ice hence market cap back to cash backing. Energy prices...

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  1. 6,675 Posts.
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    RMP on ice hence market cap back to cash backing.
    Energy prices down now so guess we wont expect any new projects to kick in for a while.
    Will probably drift lower in meantime and I probably will continue to add at sub cash backing in prep for next energy cycle I guess.
    Is very tight for oilco and has a history of volatile share movements when in action.
    Its day will come again.
    Just keep the overheads to a minimum boys.
    Maybe even a haircut for the admin costs whilst nothing is happening.
 
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Currently unlisted public company.

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