Empyrean Energy Share Discussion Threads

[lazarus2010] 18/5/2021 12:12

6.8p bid BUT being offered 6.9p to sell 100k so back up to earlier highs

[blakieboy7] 18/5/2021 12:11

Bid officially ticked up

[starzerus] 18/5/2021 12:10

just saw a trade lol

[master rsi] 18/5/2021 12:08

it looks like the flurry of trades has come to an end as during the last 50 minutes not one

[kir] 18/5/2021 11:35

I have an EME purchase @ 90p on 13/2/2006 followed by another purchase on 8/3/2006 @ £1.14. Hence I have been here since then.

Due to Covid-19, on 3/6/2020 EME got:

- 12 months extension to first phase of exploration on Block 29/11
- The company now has until 12 June 2022 to drill its first well on Block 29/11

The exploration commitment for the first phase of exploration is to drill an exploration well. The Company is taking all necessary steps for safely drilling the first exploration well on Block 29/11 as soon as practicable.


Well we have just over a year to get that first well drilled.

[blocker2] 18/5/2021 10:56

7p still a challenge

[blakieboy7] 18/5/2021 10:39

Brent at 69.85

[master rsi] 18/5/2021 10:11

The real bid - offer price by the trades prices paid should be 6.80 v 7p

But MMs keeping the large spread as they see sellers appearing at those prices.

[abergele] 18/5/2021 09:56

(1I),,selling 20k@ 6.81p,,v,buys@,6.975p
Now,sells 6.86p,,v ,buys @..6.96p10am

[master rsi] 18/5/2021 09:43

Lazarus2010

There are 4 v 2 at Level 2
CNKS is at bid 6.70p

[lazarus2010] 18/5/2021 09:38

are Cenkos on the bid at 6.7p? Seems to be a big spread now considering the offer price hasn't dropped as much?

[master rsi] 18/5/2021 09:37

One reason why some Investors are selling.

Share price was at top Band of the Bollinger Band and Indicators reaching the overbought position. ( short term naturally )

    

[birotop] 18/5/2021 09:31

You’ll do for me..

[rajawali] 18/5/2021 09:29

The 50% Fibonacci retracement from October 2019 down to last March is now breached convincingly. Next stop is 61.8% level at 7.6p, 78.6 level at 9.04p, than back to 10.75p All this technical stuff is hardly relevant in the broader context of the asymmetric payoff though. Tom has not even announced how China will be financed. Imagine what happens to the price when that RNS comes through!!

[starzerus] 18/5/2021 09:16

hi Crosseyed - many thanks we will really appreciate it - when you have a chance.

[crosseyed] 18/5/2021 09:14

starzerus,
Thanks to Craig for that post.
I fully agree that the header needs a thorough update...and that there is at last solid information to add.
Soon!

c

[master rsi] 18/5/2021 09:02

How I worked it out?
Maybe years of experience has help


09:00:12 7.12 8,500 UT

[master rsi] 18/5/2021 08:58

I expect and UT of 7.12p, most likely 8.500 shares at 9:00

[lazarus2010] 18/5/2021 08:56

MRSI - can you post a chart with the lines showing 20 day moving average crossing the 50 day forming a golden shower ;-0)))

[master rsi] 18/5/2021 08:56

Holding strong at bid 6.90p with 3 MMs

[jemjem] 18/5/2021 08:49

Let 'em go. Stale money being replaced by new. Very good sign.
Imo

[master rsi] 18/5/2021 08:49

Moving ahead and following yesterday's bounce
Short of Breaking out at the first attempt, only manage level with the last intraday high

[blakieboy7] 18/5/2021 08:46

Bloody sellers knocking the bid back

[lazarus2010] 18/5/2021 08:45

we could do with the wnkrs selling at 7p to actually just stop and think for a minute before hitting the sell button...sell now at 7p or sell in 1 year at 200p?

[oilforex] 18/5/2021 08:42

Certainly welcome and overdue. Hopefully we can build a base from 7p.