Empyrean Energy Share Discussion Threads

[blakieboy7] 22/3/2022 10:40

Bottoms up!!

[36jay] 22/3/2022 10:40

452p unrisked.Great broker notes.
Price: 8.20
Strong Buy
RE: New Brokers noteToday 09:34
Substantial Re-Rating Potential On Success: Starting from 13p to 47p. This then goes Bananas and into £Pounds. DYOR

We value the Jade prospect using an NPV of the forecast field net cash flows – as we do for the rest of Empyrean’s portfolio. We apply both ageological (41%) and commercial (30%) risk weighting to the Jade prospect to come to our
13.3p risked valuation.

[bluehooperman] 22/3/2022 10:39

Will 9p be the old 8p support level?

[cmackay] 22/3/2022 10:38

I think we have definitely seen the bottom here lol

Well held, holders

[kir] 22/3/2022 10:21

I look forward to mid April start drilling date. That would mean there is more oil drilling success in the south china sea.

[blakieboy7] 22/3/2022 09:56

Up up up!!

[bluehooperman] 22/3/2022 09:53

How things change sooooo quickly :-D

[lazarus2010] 22/3/2022 09:20

Pro---thanks for the link, much appreciated. The great thing about the potential valuation up to nearly £5/share is that it at least gives an indication of what it could be worth to the eventual buyer and hence gives a yardstick for potential sale price. If potential is £5 once in production, then a 100p share price target is not out of the question...aimho dyor niai

[abergele] 22/3/2022 09:10

Why don't they buy and hold,then they could see how high this can go,
not 100k in and 100k out each day..bahhh

[cashandcard] 22/3/2022 09:02

Very promising at the P10 risk levels for both Jade and Topaz. Time for the drillbit to tell us the rest.Cash

[jemjem] 22/3/2022 08:46

I think any reference to development and production is merely an indication as to what this Block could be worth - to whoever owns it at the time. The more it gets delineated, the more the value increases.
Imo

[pro_s2009] 22/3/2022 08:45

Download link for the Cenkos note on EME if you want to download the PDF.



.

[los ricos] 22/3/2022 08:42

solfire

it will always be a wide spread until it takes off and becomes more known to those with DMA.

[los ricos] 22/3/2022 08:41

Thanks JJ

But, re "Further, as Empyrean delineates and develops any discovery...."

will EME develop it (assuming Chinese take the 51%, so leaving us with 49%)? or remain as an explorer as mentioned by TK in the past?

[solarfire73] 22/3/2022 08:40

Jemjem, thank you for sharing.

Clearly EME's current market cap is going only one way, and in a big way soon, imo.

Something doesn't quite add up at the moment. The change to SETS has only added to the cloudy picture relating to the share price. The big spread is putting off both buying and selling. Something has to give shortly.

[currypasty] 22/3/2022 08:39

"increase in our NPV10 to an aggregate 185.6p, increasing to 452.1p, unrisked."

[buzzzzzzzz] 22/3/2022 08:23

Just for daar

There is potentially another 41,250,000 shares to be converted from the CLN.

But good luck with your 7p, can't see it happening!

[buzzzzzzzz] 22/3/2022 08:18

With regard to the CLN conversion it's just another headwind to encounter whenever we get some good news.

As soon as we get our head above the ground it gets covered avec un grand tas de merde!!

[rafboy] 22/3/2022 08:16

Why would they sell now if the share price may well rise in the next few weeks?

[buzzzzzzzz] 22/3/2022 08:16

daar

Yes blindingly obvious and everyone on this BB was aware on the 16th when the RNS came out.

Do keep up!

[jamesiebabie] 22/3/2022 08:14

Oil getting hit today.