Red Emperor Resources: Weighing up expectations in Puntland

MiningMaven Flash Report- Red Emperor Resources and Puntland

Overview

Date

July 2012

Price

9p

Market Cap

£23.3 million

Ticker

RMP

Listing

AIM

Shares in Issue

258.73 million

 

A week ago you may well have been delighted at the prospect of buying Red Emperor shares at nine pence. A week later and anyone would think the world had come to an end! But from the MiningMaven perspective, investing is all about ascertaining value against price, even when circumstances don’t exactly play out as hoped for!

Red Emperor Resources: Q&A with MD Greg Bandy

On the 21st July we produced our first Value Proposition for Red Emperor Resources outlining our thoughts on the company and its strategic objectives; the company having stepped into highly prospective licences in Georgia and Puntland, Somalia on the outset of major exploration and development activity.

Red Emperor Resources: Consilio et animis, by wisdom and courage!

In the 5th Century BC the Ancient Greek historian Thucydides claimed in his wisdom that “the bravest are surely those who have the clearest vision of what is before them, glory and danger alike, and yet notwithstanding, go out to meet it.”