Share Prices & Company Research

Stockbroking

Red Emperor Resources

Current Price 0.65p Bid 0.60p Ask 0.70p Change -7.80%
Last Updated: 19/02/2020 21:57. Prices delayed by at least 15 minutes.
Call 0113 243 6941 or search for your local office

Company Overview

Red Emperor Resources NL is a natural resources exploration company with interests in the frontier state of Puntland, Somalia, the Republic of Georgia and Western Australia. 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 nearly 36,000km2 and have independently been assessed to potentially contain over 19.9 billion barrels of oil in-place. Red Emperor's joint venture partner and PSA operator Africa Oil Corp. (TSXV: AOI) has signed a contract with drilling company Sakson Drilling and Oil Services as well as all related third party contracts. Site works are now complete and the first well is expected to be drilled in early January 2012. 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 Ltd last year funded a 410km 2D seismic program with independent consultants RPS Energy identifying 68 potential structures containing an estimated 2.045 billion barrels of oilâ?? inâ??place (on a mean 100% basis). The first (Mukhiani-1) of two exploration wells spudded in July 2011. Re-interpreted seismic supported by the Mukhiani-1 VSP new fault trap and stratigraphic trapping potential with the possibility of a side track well to be drilled post additional seismic in 2H 2012. The Company also has a right to earn a 25% interest in the Jillewarra Project a copper and gold project in Western Australia. This interest is free carried until bankable feasibility study.

Financial Highlights Year Ended 30/06/2019

Turnover
£0.07m
Operating Profit
£-10.27m
Dividend Yield
0.00
Dividend Per Share
0.00
Dividend Cover
0.00
P/E Ratio
-0.33

Key Personnel

Gregory John Bandy
Managing Director
Jason Bontempo
Non-Executive Director
Gracjan P Bertolatti
Non-Executive Director

Stock Details

EPIC
RMP
ISIN
AU000000RMP0
Shares in Issue
525,292,776
Market cap
£3.73m

Analyst Views (0)

Strong Buy
 
0.00%
Buy
 
0.00%
Hold
 
0.00%
Sell
 
0.00%
Strong Sell
 
0.00%
The above information represents a selection of the views published in the last 120 days by analysts. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
0.65p
Bid Price
0.60p
Ask Price
0.70p
Volume
4199943
Change Today
-0.06p
% Change Today
-7.80%
Open
0.66p
Previous Close
0.65p
Intraday High
0.71p
Intraday Low
0.65p
52 Week High
7.50p
52 Week Low
0.40p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Red Emperor Resources Intra-day Chart

Assets (£m)

Data has been provided by AJ Bell

Reporting Date
30 Jun 2019
30 Jun 2018
Tangible Assets
0.0
0.0
Intangible Assets & Goodwill
0.0
0.0
Investments & Other Non-Current Assets
0.0
0.0
Total Non-Current Assets
0.0
0.0
Inventory
0.0
0.0
Trade & Receivables
0.0
0.0
Cash & Receivables
5.6
10.4
Other Current Assets & Assets Held for Resale
0.0
0.0
Total Assets
5.7
10.4

Liabilities (£m)

Data has been provided by AJ Bell

Reporting Date
30 Jun 2019
30 Jun 2018
Short Term Liabilities
0.1
0.1
Long Term Liabilities
0.0
0.0
Other Liabilities / Pension etc
0.0
0.0
Total Liabilities
0.1
0.1

Net Assets (£m)

Data has been provided by AJ Bell

Reporting Date
30 Jun 2019
30 Jun 2018
Net Assets
5.6
10.2

Equity (£m)

Data has been provided by AJ Bell

Reporting Date
30 Jun 2019
30 Jun 2018
Share Capital
61.8
57.3
Minority Interests
0.0
0.0
Retained Earnings
-61.5
-51.2
Share Premium Account
0.0
0.0
Other Equity
5.3
4.1
Total Equity
5.6
10.2

Cashflow (£m)

Data has been provided by AJ Bell

Reporting Date
30 Jun 2019
30 Jun 2018
Cashflow from Operating Activities
-1.4
-0.7
Cashflow Before Financing
-9.7
-0.7
Increase / Decrease in Cash
-5.0
-0.7

Income (£m)

Data has been provided by AJ Bell

Reporting Date
30 Jun 2019
30 Jun 2018
Turnover
0.1
0.1
Cost of Sales
0.0
0.0
Gross Profit
0.0
0.0
Operating Profit
-10.3
-0.7
Pre-Tax Profit
-10.3
-0.7
Profit / Loss for the Year
-10.3
-0.7
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
We use cookies on this site to improve your experience and help us provide you with a better website. An explanation of the cookies we use and their purpose can be found within our Cookie Policy. Your continued use of this site means you consent to the use of cookies.